TradeKing forex trading system Renko style MT4 trading system that uses a trend-momentum system based on moving averages TDI, MACD, and RSI Forex strategies
This system for trading with Renko the trend chart can be followed even without reference to the slow average of 200 periods.
Which time frame is best?
The King Forex trading system works on every currency pair and we recommend to use it for 15 min or higher time frame.
Which forex indicators used this Forex strategies?
Exponential Moving Average 4 period
Exponential Moving Average 5 period
Exponential Moving Average 200 period
Exponential Moving Average 60 period
MACD Candle (2,5, 20)
Auto pivot levels
Probability Meter: MACD 5,13, 1 – Stochastic 20, 2, 2,
RSI Filter 2 period (with Renko chart) 4 period with (candle e bar chart),
TDI (RSI 13, Volatility band 34);
MACD bars 3, 4, 10.
MACD bars 2, 5, 10
How to Buy and when to Buy signals?
Buy when the Price moves above MA 60 and 200 with Renko chart price above 60 and consider the parameters as follows:
TDI red line above the green and yellow line.
RSI blue bar.
MACD Candle blue bar.
MACD red bar.
Probability meter > 55 <90 optional.
How to Sell and when to Sell signals?
Sell when the Price moves below MA 60 and 200 with Renko chart price above 60 and consider the parameters as follows:
RSI red bar.
TDI red line below green and yellow line
MACD Candle red bar.
MACD red bar.
Probability meter < 55 >10 optional.
Download King Forex trading system