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Trading product for Renko Moving Average Cross Indicator Indicator, image 2
Trading product for Renko Moving Average Cross Indicator Indicator, image 3
Since 21/02/2025

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.

Discussion

Customer reviews

5.0
Reviews: 1
5
100 %
4
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3
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2
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1
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Customer reviews
May 27, 2026

FAQ

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