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Incredible 15R Renko Strategy for Mini Index | Gurgel Trader

0h 16m video Published Jul 7, 2023 Transcribed Jul 20, 2026 G Gurgel Trader
Intermediate 8 min read For: Traders familiar with Renko charts and technical indicators, looking for a specific strategy for the Brazilian Mini Index.
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AI Summary

This video presents a trading strategy for the Brazilian Mini Index using Renko charts with a 15R box size. The presenter, Alberto Gurgel, adapts a previously shared dollar strategy to the index, explaining how to set up indicators like the Price Guide and GT Full Histogram to identify buy and sell signals based on support and resistance levels.

[00:02]
Introduction and Channel Promotion

Alberto Gurgel welcomes viewers, promotes a previous video on a dollar strategy, and encourages subscriptions.

[01:12]
Adapting Strategy to Index

The same conjecture and entry points from the dollar strategy apply to the index, but targets and stops differ due to the support system.

[02:06]
Choosing 15R Renko Box

15R is recommended as a middle ground—not too fast, not too slow—making it easier to set targets and stops. Viewers can adjust R values with corresponding tick changes.

[02:48]
Setting Up Price Guide Indicator

Insert the Price Guide indicator (type 'proceed'), set levels to 10, and adjust tick variation to 115. Use the previous day's close to determine support/resistance.

[04:02]
Identifying Support and Resistance

Analyze the last candle's low (e.g., 19206) to set the Price Guide value. Double bottoms indicate strong support.

[05:36]
Adding GT Full Histogram

Insert the GT Full coloring rule (available on the website) to generate buy/sell signals. Also add GT VMA average for confirmation.

[08:12]
Buy and Sell Signals Explained

Buy signals: yellow with white or white with green, breaking above the average. Sell signals: blue with white or white with red, breaking below the average. Confirmation requires the histogram crossing the red line.

[10:07]
Entry and Stop Placement

For a sell signal, entry at break of low, stop at high. For a buy, entry at break of high, stop at low. Targets are at the opposite end of the Renko box.

[11:08]
Breakout vs. Early Entry

Cautious traders wait for a complete breakout of the Renko box. Early entries are possible but riskier.

[13:02]
Example Trade and Points

A buy trade from breakout to target yielded 921 points. Partial profits can be taken at intermediate levels (e.g., 353 points).

[13:59]
Adjusting Renko Box Size

Viewers can change R value (e.g., 12R, 25R) and adjust ticks accordingly. For 25R, around 160 ticks works well, but larger boxes require more capital and carry higher risk.

The 15R Renko strategy for the Mini Index, using Price Guide and GT Full indicators, provides clear entry and exit signals. Traders should adjust box sizes based on risk tolerance and capital, and practice on replays to gain confidence.

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"Title promises an incredible strategy and delivers a detailed, actionable tutorial for 15R Renko on the Mini Index."

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Tutorial Checklist

1 02:48 Insert Price Guide indicator: right-click chart, select Insert Indicator, type 'proceed', click OK.
2 03:14 Double-click Price Guide to open properties. Set levels to 10 and tick variation to 115.
3 04:02 Identify the last candle's low (e.g., 19206) and set it as the Price Guide value. Remove opening price.
4 05:36 Insert GT Full coloring rule: right-click, Insert Coloring Rule, select GT Full, add to chart.
5 07:17 Add GT VMA average: search on website, insert as indicator on chart.
6 08:12 Identify buy signals (yellow+white or white+green breaking above average) and sell signals (blue+white or white+red breaking below average).
7 09:20 Confirm signal: ensure histogram crosses red line. If below red line, do not buy.
8 10:07 Place entry at breakout of Renko box low (sell) or high (buy). Set stop at opposite end of box.
9 11:08 Optionally wait for complete breakout of the beach (Renko box) for more conservative entries.
10 13:59 Adjust R value if desired: double-click beach, change R (e.g., 12R, 25R) and adjust ticks accordingly (e.g., 160 ticks for 25R).

Study Flashcards (8)

What Renko box size does Alberto recommend for the Mini Index strategy?

easy Click to reveal answer

15R

02:06

What tick variation is used for the 15R Price Guide?

easy Click to reveal answer

115 ticks

03:29

What are the buy signal color combinations?

medium Click to reveal answer

Yellow with white, or white with green

08:54

What are the sell signal color combinations?

medium Click to reveal answer

Blue with white, or white with red

08:54

What confirms a buy signal according to the histogram?

medium Click to reveal answer

The histogram must cross above the red line.

09:20

Where should the stop be placed for a sell signal?

hard Click to reveal answer

At the high of the Renko box (beach).

10:07

How many points did the example buy trade yield from breakout to target?

medium Click to reveal answer

921 points

13:18

What tick value is suggested for a 25R Renko box?

hard Click to reveal answer

Around 160 ticks

15:27

💡 Key Takeaways

🔧

15R as Optimal Box Size

Provides a balanced approach for setting targets and stops, suitable for most traders.

02:06
🔧

Color-Based Signal System

Simplifies trade decisions with clear visual cues for buy and sell signals.

08:12
⚖️

Histogram Confirmation Rule

Prevents false entries by requiring the histogram to cross the red line.

09:20
📊

Example Trade with 921 Points

Demonstrates the strategy's potential profitability with a real trade example.

13:02
🔧

Adjusting Box Size for Risk

Shows how to customize the strategy for different risk tolerances and capital sizes.

15:27

✂️ Creator Tools: Viral Hooks

AI-generated clip ideas for Shorts based on the transcript

Why This 15R Renko Strategy Works

44s

Directly addresses a common pain point for index traders seeking a proven strategy, creating immediate curiosity and engagement.

▶ Play Clip

Secret Indicator Setup for Renko

45s

Reveals specific indicator configurations (Price Guide, GT Full) that promise clear buy/sell signals, appealing to traders wanting actionable tools.

▶ Play Clip

Mastering Renko Entry & Exit Points

45s

Demonstrates precise entry and stop-loss placement with a real example, offering high educational value for viewers seeking profit maximization.

▶ Play Clip

Adjust R Value for Better Renko Results

45s

Teaches how to customize the R value (12R vs 15R) to reduce noise, giving viewers a competitive edge and encouraging experimentation.

▶ Play Clip

[00:02] Hey Big Player, welcome to another video here on the Gurgel Trader channel video here on the Gurgel Trader channel [Music]. important that you're subscribed to this channel where we posted a

[00:18] video about the dollar, right? An incredible strategy that those who used it did very, very well. Today, many people are praising it, saying that it hit its target because it was sensational. that it hit its target because it was sensational. So, if you haven't seen it,

[00:33] I'll leave a link here for you to watch later, right? After you 've already recorded the video, which for now you probably haven't seen yet, you'll see the link in the video

[00:45] we posted about the dollar. And today we're going to take that version we posted yesterday and apply it to the index because many, many people sent messages and emails saying, " Wow Alberto, I really liked the dollar,

[00:58] but I trade the index. I think it's kind of... well, it 's very expensive, I have little money, I like the index." Okay, so let's do it with the index, and yes, there are changes. The conjecture is

[01:12] the same, the entry points are also very, very similar, but there are... are also very, very similar, but there are... Our questions are based on your support system, and where those targets will be, right? That's what

[01:26] people really wanted to know. Okay, so if you liked this video, I strongly urge you to smash that like button. I'm sure you'll really enjoy it. And we're also focusing on

[01:41] follow us. Our official Instagram is showing up now: Alberto Gurgel. be very happy to have you there too. Just a reminder that this

[01:53] video is sponsored by Genial. Point your phone's camera at the QR code that 's showing up to be assisted by one of Genial's advisors, and they 'll show you all the advantages of being a Genial partner with J3. So,

[02:06] of being a Genial partner with J3. So, message given. Let's get to the video. Okay, folks, I'm here on screen with 15R. Roberto, what do you do with just 15R? 15R. Roberto, what do you do with just 15R? Because it's the middle ground, folks—not too

[02:19] fast, not too slow, a box with a value that's not too big, which makes setting a value that's not too big, which makes setting targets and stops easier. You don't have... Sometimes very long stops are needed, so the 15R works really well. If you

[02:35] want a higher or lower R, you'll have to do the calculations based on what I'm explaining here. Keep adding and observing, and you'll understand what I'm talking about. I'm talking about the Price

[02:48] I'm talking about. I'm talking about the Price Guide, which is our support and Let's put Price Guide first. So, I right-clicked here, insert indicator, and let's go to "Follow." Mine is already here, look, I use it so much.

[03:02] Just type "proceed," okay? It's here, put it on the chart, click OK, and that's it. This rust, these irrelevant lines, appear on your chart.

[03:14] This appeared here. Double-click on it. It will open the properties, in this case, open the properties, in this case, for the city, for the index. We're going to change this aspect here: the opening price. And that's where the

[03:29] big difference comes in. So for now, I'm going to remove it and put it at 10 levels, and I'll tell you in advance that the value we're going to use for the variation per tick is 115, okay? 115 ticks. When I click OK It's much

[03:46] better positioned here, but it will still improve. This position doesn't appear here. I like to put it here, dotted, and in the colors of my glorious Southern Cross, sky blue. So I put it here, apply, and I'll click OK, but it's not finished yet.

[04:02] I'll click OK here before we start all this. What do I have to analyze here? In the case of the index, you have to

[04:16] where it closed the last trading session. So I'm going to use this resistance line here and I'm going to look for my last candle, which was this candle here. Okay, so I took this last candle here, which is still white, right? These ones

[04:31] that are shaded, I already know are gaps. Okay, so you'll see that it will hit this low here that it found, this point here, which is a found, this point here, which is a

[04:45] double bottom, right? It made one bottom, then another bottom. So this is the value of my bottom here, it's 212. Let me see here, I think it's a little less

[04:57] here, let me go back a little. Okay, I 'll put it here. 206 206 Let's put it here, 119 206 is the value, so I

[05:09] double-click on my Price Guide and I'll put the value here, I remove that put the value here, I remove that opening price and I'll put it here, opening price and I'll put it here, 19206, okay, and I'll apply it. And then we

[05:22] 'll have a part for us to trust, and trust a lot, in relation to our strong support and resistance bases. Okay, so let's go up here, let's click OK for this placed branch, let's leave it like this

[05:36] to use. Let's do the same thing as with the dollar, right-click here, insert coloring rule, and we'll use GT Full. GT Full was used on the dollar as a coloring rule, so we come here, GT Full, it's here, they're on

[05:52] our website. I want to make one thing very clear, guys, on our website, I'll even pause here and open the website here for you, strategies are here. Okay, let me see here because I have

[06:08] ready, so here's our strategy website, guys, I'll repeat, there are many people clicking here, and then opening the file. Follow the instructions in this video if you If something happens, you can't find what you're

[06:23] looking for, right? Look, here's the GT full histogram that we're going to use today, and above it... Here's our GT full that was placed earlier, right? Let me see if I can find it here, GT full. If you don't find it, a line is missing, something is missing.

[06:37] Go to this little thing here and refresh the page, or press F5 on your keyboard. Remember that this site can only be downloaded from a desktop

[06:49] can only be downloaded from a desktop computer or notebook, okay? It's blocked for smartphones, great! Okay, so going back to our so going back to our screen, let's put the GT full, which is

[07:03] our indicator, insert the coloring rule, and GT full, it's here, I already installed it, right? It's here, add it, and there's our coloring,

[07:17] our screen indicator. I also used an average, which is also on the average, which is also on the site, just search for GT VMA, it's already here, I had already searched for it, put it on the GT VMA chart, it's also

[07:30] on our site, okay? And here's the average that we're going to use as a parameter for these triggers and possible stop targets. Okay, so let's go, here's our average, and at the base of... To confirm the signal,

[07:45] we're going to use the GT full histogram, and it's already showing up here. I clicked on it, okay, here I'm just going to make it a little smaller because it's very big here. Let me make it smaller like this; it does n't need to be this big. And

[07:59] the explanations are the same, okay? I'm going to open my fixed point here, going to open my fixed point here, and let's go. The main signals for buying: for buying, you have this

[08:12] little yellow line here along with the white. Breaking the average means a possible buy opportunity. It's a other points you need to analyze to make this purchase. Okay? And for

[08:27] selling, normally you find blue with white. Blue with white is what gives this, but when it doesn't come out white, or if it comes out white with red, it

[08:39] can also be a signal. The same goes if it comes out white with green; it's also a signal. So, depending on where you are on the chart, you can buy: yellow with white or white with green;

[08:54] yellow with white or white with green; sell: blue with white or white with red. Okay, so this is a point. Now, one thing is fundamental: the white color has this effect when it's a signal, unlike a return, like this one

[09:08] here, when it's a direct buy signal. He has a signal for selling that breaks the average downwards and for buying that breaks the average upwards, like this one here, it broke the average upwards, okay, so that's the only detail you need to pay

[09:20] attention to, great, and now you have to have confirmation of this signal, and the confirmation of this signal is here, whatever is below the red line, you don't think about buying, right? You wait for a higher signal to enter short or

[09:37] a higher signal to enter short or exit a position if you are short and one of these boxes here crosses the red line. If it doesn't cross the red line, you remain, okay? It's possible to remain in the

[09:53] operation, so while it doesn't cross, you still have a chance that it will continue going down, right? In this case, if it continues going down, you notice that there is noise here, look what happens here, right? We got the signal here, which is the

[10:07] white with red, so your start is here, at the break of this low, okay? And your Stop can be here at this high, okay? It can be here at this high, you make can be here at this high, you make an entry here, right? And then you go down and

[10:22] your target will be down there, open, but there was noise at no point did it go down here, okay? Now, unlike our unlike our dollar, you will have few Breakouts,

[10:37] right? You only enter on the breakout of the beach, right? It happens that you have this type of signal here, you enter before the price, it's possible to do that too, okay? Like this, you notice that it worked, good, now that the

[10:53] movement is better between the price, no doubt about it. So if you're more cautious and such, wait for the complete breakout of the beach to make these entries. So in the case of the beach breakout, where

[11:08] would your start be? It would be on this candle here, on the breakout, right? From this low here, right? You would have the target here, your stop, sorry, here, right? And your

[11:21] target at the tip of the beach, okay guys? So this depends on each one to be able to do it. We have another signal here in the case of a buy, so

[11:34] what do we have to look at here? First signal: white, yellow, with white, white. Breaking our average, take a look down there, we went down there, the look down there, we went down there, the price here, right? It's already above the average.

[11:49] price here, right? It's already above the average. Even being white, it's already above Even being white, it's already above the average, it's an interesting signal. Target at the average, right? the average, it's an interesting signal. Target at the average, right? Target at the price, and the

[12:02] stop can be here at the beach itself or then... A little below, it's a little lower because of the variations, but this way here the pressure is already a good Stop, I don't need such a big Stop, okay? Albert, it turbiou

[12:19] here, look, it gave a blue candle and a white candle. At what point did you see this blue candle or this white candle going below the average? So you can hold your little lettuce hand because it will continue to rise, right? Here, look, it

[12:35] closed, but it didn't close below, it closed at the line. You can continue the operation. First, it closes below. This is it, the movement really ended where it ended, at the other end of this gas. So you just take

[12:50] this complete movement here, right? It doesn't make you sweat much, doesn't it? Put it on replay to test this, and you'll notice how you'll get a firmer and

[13:02] more confident hand because of this indicator. Putting this in points, guys, just one entry like this, we would be talking about approximately, look, the entry was here at the breakout of this high, up to here we

[13:18] are talking about 921 points without much sweat, okay? You can do it. Let it reach a certain point, it reached this beach here, protect, protect, that

[13:30] you've already done. From here to here you would have already made 353 points. Give it a little protection down here, a little protection down here for this gas and see what happens. It keeps going up, oops, a blue candle appeared here.

[13:43] Give it a little protection here, below the blue candle, it keeps going up. There you go, you'll get all the points that were available here. Okay guys, it's sensational, it's an indicator that works very well. Hey Alberto, I didn't like

[13:59] works very well. Hey Alberto, I didn't like this beach, man, try it. Take this, double-click on this beach and test it. For example, I want to put it here at 12R because I like 12R. Let's see, I come here and put it at 12R. Okay, I put it at 12R.

[14:14] come here and put it at 12R. Okay, I put it at 12R. Wow, I thought 12R worked much better, man, and it works with this 115R too. I had already tested it before and seen that it looks really good with this same configuration as 15R. If you

[14:30] prefer 12R, it goes up, brother, it goes up, sister, right? Don't keep asking me, you can keep going, that's how it works. If you want a higher R, you 'll have to improve your... So, let's say you're using

[14:44] a 20 or 25r here. You like to work with very little noise. To work with very little noise. To use a 25r, you'll have to increase closing price as the previous day. So, what you can put here...

[14:59] So, what you can put here... I believe that around 130 ticks starts to look good. I think it's even too much... let me see here... 120... I won't have to put more, I'll put about 140 ticks. Let's take a look

[15:14] if it looks good. 150 ticks...

[15:27] how I do it, I test and see... oh, 160 ticks for the 25r. It looks pretty good, huh? see... oh, 160 ticks for the 25r. It looks pretty good, huh? 160 ticks for the 25r. It looks pretty good.

[15:39] You have triggers here... remembering the 25r box is a box with a remembering the 25r box is a box with a much higher value, right? So this type of chart operates for people who tend to have a slightly higher Capilé because

[15:53] imagine a Kendall there wavering up and down and so on. It's going up to 200, 300 points. Anyone with little money and a child is going to have a heart attack. So be careful with that, that's why we recommend 12 R, 15 R, those are good

[16:08] charts, especially for those who are starting out. Okay guys, did you like it? If you liked it, smash that like button. Have a great Friday, very promising, full of studies, and next week starts

[16:23] on the right foot. Let's go for it, there's money for us to make in this market! Okay, a big hug and until the next video, bye bye. next video, bye bye. [Music]

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