Renko on Mooning Cryptos - Complete System

Website: https://traderslanding.net
Matching trading strategies with unusual market conditions can yield extreme profits. This trading system attempts to capture instruments that are going through a hyperactive-impulsive phase. Buy using Renko levels from the Daily timeframe I present a profitable trading system, give it a Trader’s Landing Score, and share 6 optimization tips to make this complete strategy more effective.

🔔 SUBSCRIBE NOW: https://bit.ly/SubTL

🐦 TWITTER: https://bit.ly/TLTweet

✨ A Playlist of Systems I Like: https://bit.ly/SystemsILike

🔍 Link to my Testing Performance Spreadsheet: https://traderslanding.net/results/
📘 Link to my free backtesting spreadsheet: https://traderslanding.net/2021/08/15/26/
📊 Link to all indicators tested on the channel: https://traderslanding.net/indicators/
🏠 System Web page: https://traderslanding.net/2021/11/06/48/

⏱️ Timestamps ​​⏱️
00:00 - Start
00:39 - Indicators
02:21 - Long Examples
03:06 - Short Examples
04:44 - Testing Results & Equity Curve
06:08 - Trader’s Landing Score
06:28 - Optimization

⚙️ System Specifics ⚙️
📛 System Name: Renko Flow
🏆 Trader’s Landing Score: 8
🎹 Instrument: Bitcoin / Ethereum (BTC/ETH)
⌛ Time Frame: 1-Hour (H1)

👀 TradingView Indicators
Name: Renko Levels
Inputs: Default
Style: Remove both shapes, SMA, SMACurTF
By: mongolor
Link: https://www.tradingview.com/v/YcKMhRqI/

☝️ Long Entry
1. Two bullish Renko levels appear.
2. Price closes above the 2nd Renko level.
3. Enter on close of the candle.
4. Open two positions.
4a. Stop at 1 Renko level below targeting 1:2.
4b Stop at 2 Renko levels below targeting 1:2.

👇 Short Entry
1. Two bearish Renko levels appear.
2. Price closes above the 2nd Renko level.
3. Enter on clos of the candle.
4. Open two positions.
41. Stop at 1 Renko level below targeting 1:2.
4b. Stop at 2 Renko levels below targeting 1:2.

🔥 Risk to Reward: 1:2

🛑 Where to place stop-loss:
For Longs: 1 Renko level below for half the position, 2 Renko levels below for the other half.
For Shorts: 1 Renko level above for half the position, 2 Renko levels below for the other half.
🚀 Where to take profits: 1:2

Metatags
#StrategyReview #TradingSystem #Renko

Attribution
Girl With Ball licensed under Creative Commons
https://www.youtube.com/watch?v=cS3VSR81nrY

⚠️Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice. Seek a licensed professional for investment advice.