Renko Scalp Forex Binary Options Trading Strategy
The Renko Scalp is a binary options strategy that uses Renko chart. This is a trend-momentum system which works on a 1-minute or 5-minute timeframe. The expiry time for 5 minutes is 1 candle and 1-5 candles for 1 minute. You can use this method in any financial market.
Metatrader Indicators:
- Renko scalp SMF;
- Renko Scalp Dot RNP;
- Bands,
- RSI filter 2-period;
- Renko Scalp MS alert;
- MBFX Time;
- Impuls indicator.
Note:
- All indicators do not repaint.
- Trade in the direction of the trend.
- All indicators must agree.
Call Entry:
- Impuls blue bar.
- MBFX blue line.
- Renko Scalp MS alert blue bar.
- RSI filter Blue bar.
Put Entry:
- Impuls red bar.
- MBFX red line.
- Renko Scalp MS alert red bar.
- RSI filter red bar.
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