3309 Drysdale Ct
Edwardsville, IL 62025
"Davidd" suggested on June 10 that; " Here are the rules for a breakup-buying SSO. On five minute chart, watch Slo Sto turn back up. Wait until MACD crosses over -0- line and CCI crosses -0- line."
The CCI has not passed 0 yet.
If I understand the Renko charts correctly, a "buy signal" is not given until 2 boxes have been in place to reverse the downward trend.
you want to see two boxes change directions and the indicators. RSI,MACD, CCI come out of extremely over sold or over bought zones.
current renko
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5 Min. Renko buy signal
Posted by ditch on 16th of Aug 2010 at 10:14 am
"Davidd" suggested on June 10
Posted by etcbari on 16th of Aug 2010 at 11:05 am
"Davidd" suggested on June 10 that; " Here are the rules for a breakup-buying SSO. On five minute chart, watch Slo Sto turn back up. Wait until MACD crosses over -0- line and CCI crosses -0- line."
The CCI has not passed 0 yet.
If I understand the Renko
Posted by gateway on 16th of Aug 2010 at 10:58 am
If I understand the Renko charts correctly, a "buy signal" is not given until 2 boxes have been in place to reverse the downward trend.
you want to see two
Posted by ditch on 16th of Aug 2010 at 11:04 am
you want to see two boxes change directions and the indicators. RSI,MACD, CCI come out of extremely over sold or over bought zones.
current renko