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Renko Moving Average Cross Indicator
0.0
17/08/2025
53
Desktop

***The indicator rarely generates signals with the default settings, but these are worth pure gold!***


The Renko Moving Average Cross indicator combines classic EMA crossover signals with Renko-filtered prices and additional filters to provide more reliable entry signals.

  • Renko Filtering: Smooths price action using either static or dynamic (ATR-based) brick sizes.
  • EMA Crossovers: Generates signals when the fast EMA crosses above or below the slow EMA.
  • Trend Filter: Optional 200 EMA to confirm overall trend direction.
  • RSI Filter: Prevents signals in overbought or oversold conditions.
  • Signal Display: Buy and sell arrows are plotted directly on the chart, with optional alerts.

👉 Goal: To identify higher-quality trend-following signals while reducing market noise.

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