
***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.
More from this author
これも好きかも
インジケーター
macd
RT MACD Histogram
Enhance MACD Histogram! Visualize bull and bear price changes with vibrant colors for clearer, more insightful trading.
インジケーター
breakout
session indicator
📈 Trading Sessions Indicator — London, New York & Tokyo Visualize Key Market Sessions + High/Low Levels with Precision
インジケーター
signal
dark-cloud
The Dark Cloud Cover indicator detects a bearish reversal pattern, marking key candles and confirming signals based on v