Greetings, earthlings! Here are my grades for the Renko Chase indicator a powerfull system based on Renko Chart for Long terms trade , Daytrade or Scalping , the results were amazing indeed!, stable signal for trading with no noise or perturbation , one trade can make from 50 pips & Up to 1000 pips easy !
This system is use 2 Strategies called Aggressive / Conservative trading , all trading is based on Price Action on Renko Chart , as Entry & Exit based on Support & Resistance indication & Trend Direction , i have used this system since a few moths now .
i can Say It’s Great system , i make in average about 5 consecutive Win positions with High target Vs 2 consecutive losses with limit loss, The Greatest in This system is specific indicators to define the exact entry point , WATCH the Following Video of my trades ( August 2015)
Just I’m So sorry to not Share this System , firstly is licensed for my account only, that sure not work for you, even i share it, i’ll loss my right for support and future updates from the company that developed this system .
Rarely do , I give perfect scores for profitability, but this system definitely takes the cake! For the forward tests conducted over 2 moths now, the Renko Chase Trading System yielded profits on average 1000 to 2500 pips weekly For self backtesting .
Last Version : 2.2 ( Update 2016 )
#Review UPDATE 2016 :
We received many emails and comments about the histogram used on Renko chase reviewed by us last year, most comments say that the histogram is a “Goldminer” , but is not Goldminer and this indicator is 100% compliant with the description as NON Repaint indicator , here we perform a Backtesting of the HISTOGRAM used in Renko chase as Honest Review is NOT Repainting .