- August 1, 2022
- Posted by: 'Femi Olabode
- Category: Free Forex Indicators
Unirenko Trading Strategy Review
Unirenko Trading Strategy is an easy-to-use Buy/Sell signal generator for renko charts that is a NON-RepaintĀ renko method. Normally, it is offered for 67 dollars per lifetime. It is a trading strategy built on the renko chart, and its goal is to eliminate all market noise (Manipulations and spikes).
It is a trend momentum technique based on a TMA-centered MACD and a Bollinger Bands stop. You may use this strategy on regular bar charts in addition to renko and medium renko charts for trading.
The Unirenko Trading Strategy may provide you with trade signals that you can use as-is or further filter with your own chart research, which is advised. Although this strategy may be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account first until you are reliable and self-assured enough to trade in real time.
You will receive a signal notice from Unirenko Trading Strategy via platform pop-ups. This is advantageous since it allows you to monitor numerous charts at once and eliminates the need to spend the entire day staring at the charts in anticipation of signals.
Any Forex currency pair as well as other assets including equities, commodities, cryptocurrencies, binary options, precious metals, oil, gas, etc. may be traded using the Unirenko Trading Strategy. Any time period, from the 15-minute to the 4-hour charts, may be used with it, including the indicator Chart.
Best Brokers ListĀ
The Unirenko Trading Strategy works with any broker and any type of account, but we recommend our clients to use one of theĀ top forex brokersĀ listed below:Ā I
Ā Setting
How to Use the Unirenko Trading Strategy
- AĀ GreenĀ arrow represents a buy signal.
- AĀ RedĀ arrow represents a sell signal.
Use arrows and two indications in the second indicator windows as entry signals; no in-depth investigation is necessary. The BUY Signal should be shown by the Green Buy arrow, the TMA-centered MACD, and the Aqua hue of the UOPTrader MACD. If the TMA-centered MACD, the UOPTrader MACD, and the Red Sell arrow all indicate a SELL signal.
Exit position
Use the risk-to-reward ratios or the opposite signal to benefit from your transaction.
- On the last swing, high for Sell trades.
- On the last swing, low for Buy trades.
- Close to important support/resistance area.
- Or exit on the opposite signal.
Download
We highly recommend trying the Unirenko Trading StrategyĀ for at least a week with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.