This trend momentum Strategy is a non Repaint Indicator system that gives easy-to-use Buy Sell signals on charts. It is a trading system based on the Renko chart with the purpose of filtering all market noise.
Characteristics of Indicator
1. Platform - XM Metatrader 4.
2. Asset - All Currency Pair.
3. Candle Timeframe - 15 Min To 4 Hour.
4. Trading Time - European And New York Session.
5. Follow money management & Don’t enter to trade within the high-impact news period. Exit from your trades before half & an hour from the high-impact forex news.
The Green Buy arrow appear on the chart, blue MACD bar in center to up position, and the trend line color should be blue indicate the perfect BUY Signal.
Exit position- You can take profit use the risk-to-reward ratios 1:1 or next resistance level.
Stop loss- On the last swing low.
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