As a noob, my final strategy is a intraday swinging one. Overbought or oversold levels on 1H chart coincide with the highs and lows.
I included a simple renkobar indicator, and as you can see on the screenshot, it makes spotting swings really easy.

For the renko chart you have to ALLOW DLLS in indicator settings, put on 1minute chart and keep the 1m window open.
After you go to File, offline charts and open the symbol you just made the chart for on M61 timeframe.

For myself i use 75 pips for renko bars.

That is all komrades...keep on rocking....

-simon

ps: the dash indicator on startup does not load so save your setup as a profile and on mt4 start reload the profile or reload the template.