FXProSystems
Back

Renko Maker Pro Trading System - up to 1500+ pips per trade

Published: 23.04.2020
Reading time: 14 minutes
18
9016
renko-maker-pro

Renko Maker Pro Trading System is able to bring up to 1500+ pips (!!!) profit according to the developers. The system is designed for Renko charts and is based on only three indicators. This trading strategy is already quite old, but today it is able to make a profit on the condition of reasonable trading and when all recommendations are followed.

Characteristics of the Renko Maker Pro Trading System

Trading rules

The system is installed on Renko charts, so you must first prepare a chart. For those who do not know how to do this, watch this video and do the same:

video

The video shows the installation for Renko Street Trading System. Installing Renko Maker Pro is similar, just use the RenkoMaker Pro.tpl template. In addition, you can use the Manual to assist in the installation.

The RenkoLiveChart_v3.2 EA is attached in the archive with the system (you can download it at the bottom of this post).

The system uses three indicators:

  • Signal Indicator (Signal.ex4)
  • Confirmation Indicator (RenkoMaker_Confirm.ex4)
  • Trend Indicator (MTF-TrendBar.ex4):

renko-maker-pro-indicators

BUY - when both indicators (Signal and Confirmation) are colored green (after closing the candle):

renko-maker-pro-buy-signals

SELL - when both indicators (Signal and Confirmation) are colored red (after closing the candle):

renko-maker-pro-sell-signals

Take Profit (Closed) - when the first opposite color appears after closing the current candle.

Developers recommend opening deals only in the direction of the trend. This is common sense, because "Trend is your friend." And the MTF TrendBar indicator, which is located in the upper right corner, will help us understand the direction of the trend:

renko-maker-pro-trend-indicator

Green - Bull Market (trend UP)

Red - Bear Market (trend DOWN)

Gray - Flat Market (Sideway)

When determining the direction of the current trend, one should take into account the older Time Frames H1 - MN1.

Follow the direction of the trend and do not be late with the opening of the transaction when both indicators are colored the same after the close of the signal candle. The same rule is relevant when closing a deal - you also don’t need to be late, close the deal after changing the color of the Signal Indicator to the opposite color after closing the candle.

Do not enter the market with a flat market (gray squares on Trend Bar).

Be sure to practice on a demo account. And only after acquiring a confident positive trend in the growth of your account, you can proceed to real trading.

Do not forget about the important condition of any successful trader - Money Management and do not risk more than 2% of your account.

In the archive Renko_Maker_Pro.rar (555,0 Kb):

  • RenkoLiveChart_v3.2.ex4
  • MTF-TrendBar.ex4
  • RenkoMaker_Confirm.ex4
  • Signal.ex4
  • RenkoMaker Pro.tpl
  • Renko Maker Pro Manual.pdf

Free Download Renko Maker Pro Trading System

Get the X Trend Premium
Author:
Daniel
Share
Related Post
Comments:
  • Lawrence Rutize
    Published: 24.04.2020 Reply to the message

    As always trend is your friend ..this trading system can be very profitable if one can add up some few rules .thanks Daniel

    • bob bigger
      Published: 06.06.2020 Reply to the message

      The signal indicator re-paints!!
      ALL indicators that re-paint are WORTHLESS

  • Tung
    Published: 24.04.2020 Reply to the message

    It looks profitable. Thank you Daniel!

  • GIORGOS APOSTOLOPOULOS
    Published: 26.04.2020 Reply to the message

    nice

  • Anton
    Published: 28.04.2020 Reply to the message

    does not swing =-O =-O =-O

  • elmacho
    Published: 02.05.2020 Reply to the message

    Hi,
    Thanks for you wonderful website but :-D
    Download Failed. 404 Error %)

  • Mejoy
    Published: 04.05.2020 Reply to the message

    Signal.ex4 is repaint 2 bars back.

  • Thando
    Published: 05.05.2020 Reply to the message

    Hai you can't even download these systems :-!

  • TUANANH
    Published: 07.05.2020 Reply to the message

    Thank you Daniel *IN LOVE*

  • wishwa
    Published: 10.05.2020 Reply to the message

    wow i think it"s work i'll try 2 week it's profitable

  • sam
    Published: 11.05.2020 Reply to the message

    It repaints

  • sahranavard
    Published: 12.05.2020 Reply to the message

    Hi dear friend
    There were several other indicators in this film.
    Not in the download folder?
    I am waiting for your warm answer .... Good luck. *IN LOVE*

  • amirr
    Published: 27.05.2020 Reply to the message

    i hv installed it ... in the column below the chart its written GPBUSD M2(offline).... why 'offline' ? am i doin it right?

    • Daniel
      Published: 27.05.2020 Reply to the message

      That's right bro!

  • Heber
    Published: 02.07.2020 Reply to the message

    Si fuera facil el trading nadie ganaria dinero, obviamente los indicadores repintan, los indicadores debes usarlo acuerdo a alguna estrategia de accion del precio o basadas en patrones de velas, llevo dos semanas y de $30 subi mi cuenta a $150, lo bueno de este indicador es que puede ver cuando el precio entra en rango. saludos. :P

  • RAJESH NAGISETTI
    Published: 06.07.2020 Reply to the message

    how could we change time frame

  • rahimparvin
    Published: 11.07.2020 Reply to the message

    Hello, does this strategy have an expiration date, that is, it gives correct signals for a certain period of time, but after the expiration date time, it gives undesirable signals

  • Shaun
    Published: 15.07.2020 Reply to the message

    Very profitable system ever :-D

Name
Please enter your last name and first name
E-mail
No spam, we promise
Message text
By submitting this form, you agree to the political confidentiality and rules of our site.