One more candle and 50 pips more : novembre = 150 pips
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DislikedHi Zeb,
I have an idea, try to draw a 45° trendline and look how it is up down with 1 candle close out of trendline....
Lubo.Ignored
DislikedI have drawed it on a paper.
The concept is this, keep a paper with suqare box, every box is 50 pips, draw only the change in price on upper right or lower right the price changed and draw a 45° trendline every time the price change in the opposite way.
Go long or short after the first opposit is made and stop the trade when another opposit change in price is made.....and so on.
If I have time i'll try to post a pictures.
Lubo.Ignored
DislikedI think I have reinvented the renko chart.....
Counting the pips with the rules in previus post the pips was 500 and now 550, i'm sorry for the error, I have thought box was 100 pips .Ignored
DislikedVery nice work..
I just skimmed this thread and I didn't see an indicator that outputs if its a "green" or "red" candle. However, after I saw that chart a couple posts up it opened my eyes on how easy it would be to just put horizontal lines every 50 pips.
I am definitely going to start drawing horizontal lines on my charts. Rated this thread 5 stars,Ignored
Dislikedhi bro :
i jsut canot belive it works great !!!!!
but i have to ask u ;
1) do u trade in a live account ?
2) is my way correct ? when i see 2 candels with the same colur then i take the position with 50 tp and 50 sl ? is my correct ?
here is the pic if u can help me and answer me ,thanks.
best regards ,fadi safieh.Ignored