Renko Moving Average Cross Indicator
Indicator
623 downloads
Version 1.0, Aug 2025
Windows, Mac
5.0
Reviews: 1
Description
***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.
Summary
AI summary
The Renko Moving Average Cross indicator integrates classic exponential moving average (EMA) crossover signals with Renko-filtered price data to enhance signal reliability. It smooths price action using static or dynamic (ATR-based) Renko brick sizes, reducing market noise. Signals are generated when a fast EMA crosses above or below a slow EMA, indicating potential buy or sell opportunities. Additional filters include an optional 200 EMA trend filter to confirm overall market direction and an RSI filter to avoid signals during overbought or oversold conditions. Buy and sell signals are displayed directly on the chart as arrows, with optional alert notifications. The indicator aims to identify higher-quality trend-following signals by combining multiple technical tools and filters.
Indicator profile
Customer reviews
5.0
Reviews: 1
5 | 100 % | |
4 | 0 % | |
3 | 0 % | |
2 | 0 % | |
1 | 0 % |
Discussion
FAQ
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Price
Since 21/02/2025
466.3M
Traded volume
180.83K
Pips won
22
Sales
6.8K
Free installs