Renko GBPUSD trading the trend

Renko GBPUSD trading the trend in automation.

As you know the Renko Charts can make life a little easier with your execution as it takes away the noise associated with the standard tick charts. Renko Bars are common for Forex traders and are becoming a more reliable way to analyse a currency chart. The GMT Futures automated trading systems have the ability to trade on Renko charts on all market types including forex, futures and stocks. This Renko example is using our Automated Trading Strategy called the Trend Trader and it is on the GBPUSD.
Renko Trading Results , Renga Bars
Renko Trading Results

Renko Trading GBPUSD Trend from December 2013 till June 2014 so far.

  • Win Rate 47%
  • Average Trade Net Profit $72
  • Max Drawdown -$580
  • Profit Factor 3.12
  • Commissions are $20 per trade which covers the spread on a standard lot or 100,000.
Using the Trend Trader and Cycle Trader on the same market is a great combination for a mini multi system strategy. As you are aware our trading method uses Multi System Trading and this is part of the minimum requirement to trade on our Emerging Managers Platform, where we allocate capital to you. This method can help to minimize drawdown while maximizing returns and smoothing equity curve.

Renko Trading Review GBPUSD

If you would like more information on the Pro Trader Program which is part of learning about Renko charting in real time please contact us today to start your day trading career in Forex, Futures and Stocks. Contact us today Learn more about the Renko Trading on the GBPUSD

Renko Trader Learn More through video

Regards, Team GMT Futures p:+61733600875 |e:info@gmtfutures.com Level 19, Waterfront Place, 1 Eagle Street, Brisbane, QLD, Australia, 4000 Trading involves the risk of loss as well as the potential for profit. Please be advised that any advice provided by Key Equity Education Pty Ltd including this video on Renko Chart Trading is general financial product advice only, and your personal financial circumstances have not been considered in its preparation. Please consult your licensed financial consultant to decide if trading in Securities, Derivatives, & Foreign Exchange is suitable for your personal financial situation.