Price Breakout Pattern Scanner and Smart Renko
In my last post, I showed you how to turn many Smart Renko features on and off.
The Price Breakout Pattern Scanner is a very unique tool on the market due to its built-in Smart Renko features. There is a reason for that. Smart Renko is very useful for pattern detection in a separate window. Therefore, they strengthen your trading decisions. Imagine a candlestick chart where the price breakout pattern scanner is automatically detecting the pattern. You can also easily detect other important patterns in the indicator window. If you can collect proof of trading from both candlestick charts and Renko charts, you can make very strong trading decisions.
This post shows how to turn smart Renko charts on or off from a price breakout pattern scanner. Before you can enable and use the Smart Renko feature, you need to have enough history downloaded to your chart. When you’re done, set the indicator settings to use “Smart Renko = true”. Please take a look at the screenshots for a better understanding. Some customers know that there is a great way to trade with Price Breakout Pattern Scanner and Harmonic Pattern Plus (or Harmonic Pattern Scenario Planner). This book details the trading principles. Price behavior and pattern trading course.
Click here for the price breakout pattern scanner link
Price Breakout Pattern Scanner and Smart Renko-Trading System-May 30, 2021
https://www.mql5.com/en/blogs/post/744153?utm_campaign=RSS&utm_medium=display&utm_source=MQL5+EN+Blog Price Breakout Pattern Scanner and Smart Renko-Trading System-May 30, 2021