Forex RSI-CCI Renko Street Channel Trading System

Best Forex Renko Street Channel Trading System – For traders looking for a trend following strategy, this is one of the best and easy trading system  you should know.


This trading strategy is very objective but requires a bit of practice to identify the trade set ups.

  • Best Time Frames: M30 or higher
  • Recommended Currency Pairs: GBPUSD, EURUSD, USDJPY, and All Major Pairs
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MetaTrader Trading Indicators
  • Renko Street Channel
  • Signal Trend
  • RSI Histogram
  • CCI

 

BUY Rules


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  • Green circle Renko Streen Channel below the previous swing low
  • RSI Histogram above 0 level
  • CCI line above 50 level

 

SELL Rules

  • Red circle Renko Streen Channel above the previous swing high
  • RSI Histogram below 0 level
  • CCI line below -50 level

 

Trading NOTES
  • The trading strategy is very objective but requires a bit of practice to identify the trade set ups
  • Initial Stop Loss above or below the Renko Street Signals
  • Risk Reward Ratio 1:2 or 1:3
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