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Solar Wind Joy Forex Renko Chart Strategy
This is an indicator that is very complex and will base its trading method to price actions. take note that since it is complex, it is not for beginners.
It will use 8-10 pips or more renko chart box.
This is applicable to EU, GU, AU, UCHF, GJ, EJ, AJ, AU and NU pairs, it is also applicable to gold, silver and oil.
Forex Indicators:
- donchian Indicators
- FL 11
- Support and Resistance Indicator
- Heiken Ashi Indicator
- PB channel indicator
- Renko signal AM
- Moving Average entry price
- Solar Windss Joy
- Spreads
- s-Renko bar
Buy Entry:
- Support must be formed.
- Candle must be above the cloud when it opens.
- Solar wind indicator must be blue.
- Renko AM Dot must be blue and crossing upward.
Sell Entry:
- Resistance must be formed.
- Candle must be below the cloud when it open.
- Solar wind joy must be red.
- Renko AM dot must be red and crossing downward.
Use Money Management System for your stop loss. Always secure the capital by placing stop losses.
You can take profit at the resistance or support.
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