Hi, Rocky
What is Stop Loss strategy for 4 Renko MES chart ? and 5 Renko ES ? I want to try this system. Much appreciated.
What is Stop Loss strategy for 4 Renko MES chart ? and 5 Renko ES ? I want to try this system. Much appreciated.
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Disliked{quote} rocky does not use MT4 or MT5. Most of us in this thread use Ninjatrader. Maybe this will help you: Free download of the 'Williams’ Percent Range (%R)' indicator by 'MetaQuotes' for MetaTrader 5 in the MQL5 Code Base, 2010.01.26Ignored
DislikedHi, Rocky What is Stop Loss strategy for 4 Renko MES chart ? and 5 Renko ES ? I want to try this system. Much appreciated.Ignored
Disliked{quote} Your settings are 100% correct and they are identical to what rocky is using. However, YOU are plotting MES and rocky is plotting ES. Those instruments will track one another and offer similar signals. However, they will plot somewhat differently throughout the day. My MES chart matches yours perfectly: Mine: {image} Yours: {image} And rocky's ES is very, very similar to our MES charts: {image} So you're all set up and ready to learn. Now, are you ready to stick it out for six to eighteen moths and share your set ups and ask question? If...Ignored
DislikedTrapped inside for the most part, no gym, too much tv/movies/reading. Not sleeping much so may as well trade a little. Again wound up switching candles to 5 mins. in hope of a little action. Try to sleep a little now, trade again around 6am {image} {image} {image} {image}Ignored
Disliked{quote} Brilliant posts. Sleep ? try listening to Al Brookes trading videos for an hour - sleep will swiftly comeIgnored
Disliked{quote} I tried it today following the rules; however, I exited early as I didn't practice it enough to be confident in staying longer. I should have stayed in both trades until a red bar formed, but I will improve on this next time by simply adjusting my stop loss.Ignored
Disliked{quote} I have Brooks video trading course and I concur: When I can't sleep, I put on an Al Brooks video on my iPad and I'm out before he finsishes saying "Thank you for watching the Brooks Tading Course" lolIgnored
Disliked{quote} I agree, they rave on about how good his books and course are, maybe for some, but to me, the videos are just a blow by blow of 15-minutes candles that happened in the past, I never get how it's meant to be used in the present, maybe just me... zzzzzzzzzzzzzzzzzzzzzzzzzzzzIgnored
Disliked{quote}I am slowly putting together everything I've learned over the past three years but still haven't achieved consistent profitability. Nevertheless, I'm enjoying the process, and I believe I will eventually reach my goals. {image}Ignored
Disliked{quote} Also, you might want to look at MNQ as well. It really moves when it moves which might put some off. However, I have found that it is far more likely to give a tradable swing more often than the MES does. I am mostly trading crude oil these days, but when I trade the straight rocky method, I prefer the NQ/MNQ to the ES/MES currently. You seem to be on the right path. The hardest part of this is going to be for you to commit to learning the rocky method (or any method for that matter) and thus making it your own. Most traders bounce from...Ignored