Скачать или смотреть Renko SuperTrend Forex Strategy | Automated algo for cTrader

#forex #renko #supertrendindicator

Visit us at www.forexcove.com

We are happy to be able to bring to the market a profitable and flexible algo able to trade both Japanese Candlesticks and Renko charts.

The SuperTrend Reference Trader algo for cTrader enables you to trade any financial instrument in a variety of different ways.

Swing Trade

You can use it as a means of Swing Trading, making use of the configurable SuperTrend indicator. Increase the SuperTrend ATR Multiplier for larger Swings, or decrease it for faster-paced trading.

Pullback Trading

Trade pullbacks either on traditional charts with Japanese Candlesticks, or use it effectively on Renko charts.

We have included both the number of pullback bricks (or candles), and the number of Trigger bricks (or candles).

The results are incredible, as it provides you with granular control of exactly how you want to trade the market.

For instance, you can configure the algo to take sell trades in a downtrend, once we have seen a pullback of two renko bricks, and a drop of three renko bricks.

This translates into taking trades upon trend confirmation, and frequently when support has failed.

You can also trade more aggressively, by configuring the algo to take a trade once a certain price increase or price drop has occurred.

This ensures that you take trades once the price is as good as you want it to be, always on the backdrop of current trend.

Scaling in and out of Trades

You will also find the option of scaling in the direction of trend, with a flexible multiplier setting. This means you can benefit from scaling as conservatively or aggressively as you want.

These are just some of the snapshots of what this incredible algo can do.

Take it for a spin starting today!