KENVIN RENKO ULTIMATE TRENDING 2024 KENVIN RENKO ULTIMATE TRENDING INDICATOR is Created by Trader KenvinHoang using Combination of : EMAs and MA Cross; KDJ; Stochastic and RSI //This is an Indicator for private using to backtest and study only //Scalping only and profitable in Trending Market. //Disclamer: DO NOT USING INDICATOR IF YOU DONT' UNDERSTAND HOW TO USE - JUST ONLY FOR STUDYING. HOW TO USE THE "KRUT-2024" ? 1. THE 2 TREND BANDS I made 2 Trend bands to easily detect the status of market by using EMAs and color filled *Trend1 band (the light green color): Show that Market's status in short-term is Downtrend *Trend2 band (the blue color) : Show that Market's status in Long term is Uptrend. So the Question is: What happend if we see that "2 Trend bands" are both in the same Blue and Green color? Answer: It is telling us that the market is totally strong with a Uptrend or a Downtrend. This help us easily detect the main trend of the market and follo...
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