Hi to all.I'm starting this thread to show you my way of renko trading style.I'm going to use live account and post trades with charts later.I will trade mostly GBPNZD,GBPAUD,EURNZD,EURAUD(this is not limitation of the system or trading style,this is how I feel and want to trade) Please feel free to choose your pairs and trade with template. Feel free to ask anything i will respond as soon as i'm online.
Happy piping to all
Here's my set of indicators and template.
i-Session is set according to my time GMT+2
green box(London open),silver box(New York open)
How to set renko (my setup is renko 10 pips)
1. Open the M1 chart.
2. Scroll back the chart so that you have 2 months history data.
3. Now drag the "renkolivecharts_pimped_v4_13_600.ex4" EA on M1 chart.
4. Enter the RenkoBoxSize you want on the inputs tab.
5. Click OK. Make sure Expert Advisors is ON, on MT4.
6. Now click File menu and select Open Offline.
7. From the list search M2 for the pair and double click on it.
8. This will open Renko Chart
Renko style 5 pip(ENTRY and EXIT rules are same as the original Renko style).Set Renko charts to 5 pip if you want to use this.
According to this http://etfhq.com/blog/2013/01/15/gol...h-is-the-best/
and http://etfhq.com/blog/2013/02/26/macd-test-results/ I made second template.Feel free to test and share the results
Sell= EMA 13 below EMA48,PA below both and just crossed down EMA 13 with first candle,slope must be red and showing below -04,MACD must be below 0, MACD histo must be red
Buy = EMA 13 above EMA 48,PA above both and just crossed up EMA 13 with first candle,slope must be green and showing above 0.4,MACD must be above 0,MACD histo must be blue
Happy piping to all
Here's my set of indicators and template.
i-Session is set according to my time GMT+2
green box(London open),silver box(New York open)
How to set renko (my setup is renko 10 pips)
1. Open the M1 chart.
2. Scroll back the chart so that you have 2 months history data.
3. Now drag the "renkolivecharts_pimped_v4_13_600.ex4" EA on M1 chart.
4. Enter the RenkoBoxSize you want on the inputs tab.
5. Click OK. Make sure Expert Advisors is ON, on MT4.
6. Now click File menu and select Open Offline.
7. From the list search M2 for the pair and double click on it.
8. This will open Renko Chart
Inserted Video
Attached File(s)
Renko+TMA slope+MACD colored.rar
127 KB
|
3,613 downloads
|
Uploaded Nov 26, 2015 5:07pm
Renko style 5 pip(ENTRY and EXIT rules are same as the original Renko style).Set Renko charts to 5 pip if you want to use this.
Attached File(s)
Renko style 5 pip.tpl
48 KB
|
1,712 downloads
|
Uploaded Nov 27, 2015 9:47am
According to this http://etfhq.com/blog/2013/01/15/gol...h-is-the-best/
and http://etfhq.com/blog/2013/02/26/macd-test-results/ I made second template.Feel free to test and share the results
Attached File(s)
Renko style 2.tpl
49 KB
|
1,524 downloads
Sell= EMA 13 below EMA48,PA below both and just crossed down EMA 13 with first candle,slope must be red and showing below -04,MACD must be below 0, MACD histo must be red
Buy = EMA 13 above EMA 48,PA above both and just crossed up EMA 13 with first candle,slope must be green and showing above 0.4,MACD must be above 0,MACD histo must be blue
Trade with 60