This Renko trading strategy is based on trading the pull backs in a trend, by using the parabolic SAR indicator and combining it with Renko price action. Read how to trade this rather simple Renko trading strategy.
The Parabolic SAR Pull back trading strategy with Renko charts offers traders a unique way to scalp the markets. This Renko trading strategy offers a favorable risk/reward ratio with consistent profits. For traders who want to make a fixed number of pips per day, this renko trading strategy is worth exploring.