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New idea worth considering (RENKO OSMA DIVERGENCE TRICK)

Posted: Wed Jul 27, 2022 10:16 am
by xzerax
So the whole idea is based on osma divergence indicator and is to be applied on renko bars EURUSD 5PIPS renkos
the indicator will give early divergence signl before entry bar is closed .. the trick is to wait for that bar to revesite trigger bar (previous bar) close and enter a buy or sell from there hunting 10 pips tp (1 bar ) and 5 pips sl (1 bar in direction of trigger bar ) this makes a grea RRR and is very promising idea if it has no flows .. thats why im sharing it ... please give the strategy a shoot . and please if someone can add alert to this indicator .

MY SETTING ARE ATTACHED AS SCREENSHOT ! .

Re: New idea worth considering (RENKO OSMA DIVERGENCE TRICK)

Posted: Wed Jul 27, 2022 8:05 pm
by xzerax
example

Re: New idea worth considering (RENKO OSMA DIVERGENCE TRICK)

Posted: Wed Jul 27, 2022 8:33 pm
by xzerax
example

Re: New idea worth considering (RENKO OSMA DIVERGENCE TRICK)

Posted: Wed Jul 27, 2022 11:34 pm
by Ogee
Here is another OSMA Divergence indicator with 17 different average types to try.

And try out the Histo Slope = True.


Re: New idea worth considering (RENKO OSMA DIVERGENCE TRICK)

Posted: Thu Jul 28, 2022 1:27 am
by xzerax
Ogee wrote: Wed Jul 27, 2022 11:34 pm Here is another OSMA Divergence indicator with 17 different average types to try.

And try out the Histo Slope = True.

averages_osma_nmc_mtfalertsarrows.mq4



Image
thaks for the indicator will give it a shot ..