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Renko Scalping M1

The Renko indicator is a technical analysis tool used in the forex market to visualize price movements and trends by eliminating market "noise." Unlike traditional candlestick or bar charts, Renko is built based on price changes of a specified number of points, called the "brick size." When the price moves by this amount of points, a new "brick" is added to the chart. This indicator ignores time and volume, focusing exclusively on price changes. The main features of the Renko indicator include:

  1. Noise filtration: Since the Renko filter ignores minor price fluctuations, it helps traders better identify major trends and reversals.
  2. Trend identification: It is easier to identify upward and downward trends due to the clear visual representation of bricks.
  3. Entry and exit signals: The indicator can be used to generate trading signals. For example, a change in brick color can serve as a signal to buy or sell.
  4. Adaptability: Traders can adjust the brick size according to their preferences and market conditions. A smaller brick size provides a more detailed picture but can be noisier, while a larger brick size shows major movements but may miss minor trends.

The Renko indicator is especially useful for long-term traders and those who prefer trend trading, as it helps ignore insignificant price fluctuations and focus on significant movements.

Indicator settings:

  • RenkoBoxSize: Size of the Renko brick.
  • UpColor: Color of the Renko line for buying.
  • DownColor: Color of the Renko line for selling.
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Early reversals made easy A personal implementation of Order Blocks, a simple yet effective position trading strategy. The trader should enter the market or look for trades in the direction of the last order block, if the price range has not been breached in the opposite direction of the breakout. Open blocks are not drawn for clarity. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] A bullish open block is the first bullish bar after a fresh market low A bearish ope
Volume Break Oscillator est un indicateur qui fait correspondre le mouvement des prix aux tendances des volumes sous la forme d'un oscillateur. Je souhaitais intégrer l'analyse des volumes dans mes stratégies mais j'ai toujours été déçu par la plupart des indicateurs de volume, tels que l'OBV, le Money Flow Index, l'A/D mais aussi le Volume Weighted Macd et bien d'autres. J'ai donc écrit cet indicateur pour moi-même, je suis satisfait de son utilité, et j'ai donc décidé de le publier sur le ma
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Martin Alejandro Bamonte
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Le système PRO Renko est un système de trading très précis spécialement conçu pour le trading de graphiques RENKO. Il s'agit d'un système universel qui peut être appliqué à divers instruments de négociation. Le système neutralise efficacement ce qu'on appelle le bruit du marché en vous donnant accès à des signaux d'inversion précis. L'indicateur est très facile à utiliser et n'a qu'un seul paramètre responsable de la génération du signal. Vous pouvez facilement adapter l'outil à n'importe que
ACTUELLEMENT 31% DE RÉDUCTION ! ! La meilleure solution pour tout débutant ou Expert Trader ! Cet indicateur est un outil de trading unique, de haute qualité et abordable car nous avons incorporé un certain nombre de caractéristiques exclusives et une formule secrète. Avec seulement UN graphique, il donne des alertes pour les 28 paires de devises. Imaginez comment votre trading s'améliorera parce que vous serez capable de repérer le point de déclenchement exact d'une nouvelle tendance ou d'un
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Attention! Friends, since there have been many scammers on the Internet recently selling indicators called ForexGump, we decided to warn you that only on our page is the LICENSE AUTHOR'S VERSION of the INDICATOR sold! We do not sell this indicator on other sites at a price lower than this! All indicators are sold cheaper - fakes! And even more often sold demo versions that stop working in a week! Therefore, in order not to risk your money, buy this indicator only on this site! Forex Gump Pro is
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Version 2.0 2024.05.19
Fixed an error in deleting objects from the chart