Zurathustra,
I have been following your theory here and I think I might be able to help you. Can you send me a PM.
Shawn
I have been following your theory here and I think I might be able to help you. Can you send me a PM.
Shawn
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DislikedZurathustra,
I have been following your theory here and I think I might be able to help you. Can you send me a PM.
ShawnIgnored
DislikedHi Pipster. The complete template is posted but you might not be getting all the pieces because some come from Mihailos work.
No problem, I've simplified the template into just the parts that you really need to work this system, which I will post below. I myself don't use anything else but what I'll attach below, no matter what is shown on my charts.
I trade off the 30 min chart, or the hourly. There is no point in trading off a smaller chart because trades are triggered by price crossing the pivot.
To let you know, the Channel indicator...Ignored
DislikedI have been trading Renko for a few months and I really prefer it over "time-based" charts. I was observing a Eur/Usd chart to see how your theory comes into play. One thing I have noticed that after a Renko bar closes and when a "new" bar begins the "Open" price seems to change back and forth until it closes. How are you getting around this issue? I take it that is what you tried with the buffer?
When is the EA getting into the trades? I think you need to find an initial "trigger" something that happens "first" maybe an MA cross or...Ignored
DislikedHi Pipster. The complete template is posted but you might not be getting all the pieces because some come from Mihailos work.
No problem, I've simplified the template into just the parts that you really need to work this system, which I will post below. I myself don't use anything else but what I'll attach below, no matter what is shown on my charts.
I trade off the 30 min chart, or the hourly. There is no point in trading off a smaller chart because trades are triggered by price crossing the pivot.
To let you know, the Channel indicator...Ignored
DislikedI've tried trading renko using MA crosses, RSI, stoch's, fibs, etc, so on and so forth.. and frankly none of makes any real sense (to me) when applied to renko as "time" is a major factor in a majority of indi's out there; and renko removes "time" from the equation.Ignored
DislikedGet rid of all those indicators. Add the vital ingredient - daily pivot points. Use 10 pip bricks. Wait for body of brick to close above pivot level (for long trade) and enter on the open of the next brick. Watch price action to take advantage of a small retracement. TP is a few pips shy of the next pivot level. Make pips everyday. I've put 100 pips in the bank today trading e/u, g/u and swissy.
Pivots from actionforex are accurate.
http://www.actionforex.com/markets/p...2010040848154/Ignored
DislikedCheck this out stevefx.
If it continues to do well this week I may have to open a new thread with this setup, but part of which is from old trendmagic thread.Ignored
DislikedSlush any chance you posting a few charts with enteries labelled..
All the best from Ireland
DannyIgnored
Disliked"Please don't ask me about my results. I dont like playing that game on these forums."
LOL, was'nt going to ask that question, my gran use to say if it ain't your tail, don't wag it..
hope you can continue to post a few more examples when you have time durning the week..
RebelIgnored
DislikedI used to play it that way, but now I exit as soon as I see a colour change even though the candle hasn't closed.Ignored
DislikedFirst of all thanks to stevefx for the SHI Channel.
Hi 45Fxguy, do you know how to put the SHI Channel to a 50 pip renko bar? I cannot see anything whenever I add it?Ignored