Forex "Sprint" strategy is designed to fit Renko charts and traders positioned for overactive trade, as the number of transactions on average per 1 trading month varies from 50 to 75, which is quite a lot considering the fact that it applies to a single currency pair. A method for producing Renko chart in MT4 terminal you can find
Some statistics:
Due to the technical characteristics of Renko charts in MT4 history turned on view between16 February and 24 March 2016 . The results are even somehow indecent voice due to the resulting excess profits, and we are obliged to remind you that this is only the historical figures and the transition to the real trade is necessary to further develop this strategy on a demo account. During this period, it was received about 80 signals. The total income was in the region of 700 !!! points (4-digit quotes). The maximum drawdown was 110 points.
For schedules RENCO time slot does not matter.
Size bricks 10 points .
Currency pair EUR / JPY The .
Indicators used in the forex strategy:
1) Exponential Moving Average with a period of 12 (EMA12).
2) Indikator Haiken Ashi.
3) The indicator QQE ADV the parameters 1, 9, and 3 to 50 with an added level.
Terms of shopping for forex strategy "Sprint (RENCO)":
1) Pre-Alarm. The first brick that after the red values Haiken Ashi turn green and at the same time the main line QQE ADV indicator will be above the level of the signal 50 is a brick. If QQE ADV indicator is below 50, then the signal is no longer considered Haiken Ashi does not turn red.
2) Next, the closing is expected next brick above the closing level of the signal bricks. Up to this point Haiken Ashi should not be painted in red color. Otherwise, wait for the formation of another signal bricks.
3) If the second condition is satisfied, and the brick is closed above the EMA 12, then at the opening of the next brick is the deal on the purchase.
4) A safety stop-loss order is set at 30 points. (3 bricks)
5) Once Haiken Ashi indicator turns red, the deal closes at the current price.
6) Take-profit set at a distance of 70 points (7 bricks).
Conditions for sale on Strategy "Sprint (RENCO)":
1) Pre-Alarm for sales. The first brick, which after the green values Haiken Ashi turn red and at the same time the main line QQE ADV indicator will be below the level of the signal 50 is a brick. If QQE ADV indicator is above 50, then the signal is no longer considered Haiken Ashi does not turn green.
2) Next, the closing is expected next brick below the closing level of the signal bricks. Up to this point Haiken Ashi should not be painted in green. Otherwise, wait for the formation of another signal bricks.
3) If the second condition is satisfied, and the brick is closed below the EMA 12, then at the opening of the next brick is the deal on the sale.
4) Stop-loss order is set at 30 points (3 bricks)
5) Once Haiken Ashi indicator turns green, the deal closes at the current price.
6) Take-profit set at a distance of 70 points (7 bricks).
