I think c4 can be good with constant range bar as well
here is EUR/USD chart
here is EUR/USD chart
scalping strategy 27 replies
Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies
Scalping PIPs? 5 replies
1M & 5M Scalping System (Scalping Paradise) 21 replies
Scalping 100 pips?! 3 replies
DislikedLooks like 19 trades and only 2 losses, is that about right or is it my old eyes. If so it's a smidgin over 90% success rate.
DX please don't stop posting your indi updates, they're invaluable, likewise TG and SM.Ignored
DislikedJust curious, how many out there are scalping pairs with 4-5pips spreads??? If you are, are you still going for 10pips or 5pips net profit? Second question, how man people feel you can't scalp with that high of a spread but need something smaller like 2-3pip spreads? Or does it even matter with C4 and Nitro?Ignored
DislikedJust curious, how many out there are scalping pairs with 4-5pips spreads??? If you are, are you still going for 10pips or 5pips net profit? Second question, how man people feel you can't scalp with that high of a spread but need something smaller like 2-3pip spreads? Or does it even matter with C4 and Nitro?Ignored
DislikedLooks like 19 trades and only 2 losses, is that about right or is it my old eyes. If so it's a smidgin over 90% success rate.
DX please don't stop posting your indi updates, they're invaluable, likewise TG and SM.Ignored
DislikedMy spreads with FX Solutions (one of the highest) range from 3 to 12 pips! The highest pair I trade, G/Y has a 9 pip spread. So I need to make 19 pips to cash out 10. (!)
It would be a dream to be with a broker with 2-3 pip spreads .. but I think, like MB Trading, they charge commissions per trade or require large initial deposits. That would not work for me now.
I figure that if I can consistenly make 5-10 pips per trade with my huge spreads, when I have enough money to graduate to a broker like TS, it will be a breeze.Ignored
DislikedHey,
Just to have that clear and make sure i finally got it, would the attached chart show a losing trade according to swingman´s observation ? TP=10 SL=20 ??
I need that clarification.
ThanksIgnored
DislikedThat would have been a looser.
Actually there is another one.
Look at the 9:42 Bar
Hope that helpsIgnored
DislikedHey,
Just to have that clear and make sure i finally got it, would the attached chart show a losing trade according to swingman´s observation ? TP=10 SL=20 ??
I need that clarification.
ThanksIgnored
DislikedAnyone else...restarted...re-logged in... nothing is changing on the charts!!Ignored
DislikedAmazing Renko Script using C4 template......
Guys... look at the HMA channel, providing the trend for the current Renko chart... same setting for smTrix indy... and TG Indy..
P/S: Using Renko bars... I then replaced it with Heiken Ashi... and use my current template for C4.....
Amazing how effectively Renko script can be fully applied without worrying about timeframe anymore......
Try it out guys...
Cheers !Ignored
DislikedMy spreads with FX Solutions (one of the highest) range from 3 to 12 pips! The highest pair I trade, G/Y has a 9 pip spread. So I need to make 19 pips to cash out 10. (!)
It would be a dream to be with a broker with 2-3 pip spreads .. but I think, like MB Trading, they charge commissions per trade or require large initial deposits. That would not work for me now.
I figure that if I can consistenly make 5-10 pips per trade with my huge spreads, when I have enough money to graduate to a broker like TS, it will be a breeze.Ignored
DislikedBOOM!!!!!!! ???
Am not sure everybody trading C4 read this posting slowly and acted on the information here!!!!!
Very astute observation and makes a clear and concise connection between the strength of Nitro (Renko) and the simplicity of C4. Here you are able to incorporate a bit less noise with the Renko Mt4 script into the normal candlestick charting package. Perhaps removing the Heiken Ashi wicks will be a worthwhile study???
This may want to be looked at with various...Ignored
DislikedPilotui, I did have a micro acct with fxcm once before..I liked their platform, but found that by them not have fixed spreads hurt me on occasion. I'd see the gu spread go from 2-3pips during the day to 4-6pips during Asian session. But I'd like to know if anyone is trading their "active trader" platform...that looks interesting for sometime down the road!Ignored
DislikedHi,
Yes Dan I see a losing trade on your chart, with a winning one and a losing one (09:42) before it and another winning one after it.
E/U 10 pip Renko:
I don't know what others have come up with for this over longer term tests - Paradoxical says it has a 99% win rate.
My tests from 00:00 GMT on 1st June up to the present (using a 10pip TP and 20 pip SL) show 108 winning trades and 47 losing trades assuming trading 24hrs per day.
Ok not 99% more like 69%, but still positive pips. But then take the sread into account and it's a losing proposition:
If...Ignored