我的终极替代方法 (my ultimate alternative method)
This method is based on the same idea of another thread i have created and called "the alternative method (50 pips candles)".
But the rules are different here and that's why i propose you this new thread.
Our goal is not to follow the price and guess where the price is going, but to have win trades bigger than loose trades.
First, to get rid of the noise, price is shown like this :
Each time the price move 20 pips up, i draw a green candle.
Each time the price move 20 pips down, i draw a red candle.
As Renko, this system does not take care about time, a candle is drawn when 20 pips are done whatever the time to reach it.
I use only EUR/USD from 8 am (GMT+2) to 5 pm (GMT+2).
Here is today's candles :
But the rules are different here and that's why i propose you this new thread.
Our goal is not to follow the price and guess where the price is going, but to have win trades bigger than loose trades.
First, to get rid of the noise, price is shown like this :
Each time the price move 20 pips up, i draw a green candle.
Each time the price move 20 pips down, i draw a red candle.
As Renko, this system does not take care about time, a candle is drawn when 20 pips are done whatever the time to reach it.
I use only EUR/USD from 8 am (GMT+2) to 5 pm (GMT+2).
Here is today's candles :
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