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Price action trading with RENKO 190 replies

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Attachments: Trading Renko
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Trading Renko

Quoting Freddyfx
Interesting.

Need to set this up and check it with a few trades to see the results.
Yes, just going along and throwing all indis at renko charts and see if something fits really well
But I have another PC running same ea, which got different offline chart, this looks quite confuse to me. cspip, would you please share your renko m2 offline chart with me? I am using 5 pip range renko chart.

Quoting cspip
It looks ok too me........you can turn of wicks in the RenkoLiveChart3.2 EA inputs if you want to.
Quoting cspip
Just take trades in the same direction as NonLagMa...

...you can see it keeps in the direction of the trend and takes out some whipsaws.......but settings still need to be played around with for diff renko pip sizes and pairs.

hello cspip,

Do you find that Dxtrade info indi you have on your chart to be of much help & if so which one is it?

Does the ATR etc help?

Thanks,
fx45
Quoting 45Fxguy
hello cspip,

Do you find that Dxtrade info indi you have on your chart to be of much help & if so which one is it?

Does the ATR etc help?

Thanks,
fx45
Hello,

I just sometimes keep it there to keep an eye on things, see which way things are going.
Quoting henryloving
But I have another PC running same ea, which got different offline chart, this looks quite confuse to me. cspip, would you please share your renko m2 offline chart with me? I am using 5 pip range renko chart.
How do you mean they look different? Sometimes closing and reopening Metatrader and renko can change the past renko bricks, but not by much.

I'm using the same renko EA as you but here it is again.
Attached File(s)
File Type: mq4 RenkoLiveChart_v3.2.mq4   14 KB | 1,350 downloads
Any suggestions on how to modify RLC 3.2 to get it to display in it's own window ( not as main chart ) and as a bar chart as for example in window 2 of the downloaded screen.

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: eu m9.gif Size: 54 KB
Have you found a way to filter sideways trend ?
Has anyone tried or have any input to offer for trading just the Fractal signals off a renko chart either manually or using a EA. Screen short attached.

Thanks for all and any input.
Attached Image (click to enlarge)
Click to Enlarge Name: eu m9.gif Size: 50 KB
Quoting Nagpada
Has anyone tried or have any input to offer for trading just the Fractal signals off a renko chart either manually or using a EA. Screen short attached.

Thanks for all and any input.

Upon futher research found to be of not much use. Fractals appear after two bars to the right have formed.

Back to trading the wave.

Thanks
Quoting xBweNx
that was a valid entry but to early since the market is in range. He enter after it broke out of that range. you got to take in consideration the size of MACD bar also they were very small and momentum was not on his side till than.

last night was fun night. got 200+. petar hoped you got crazy pip yesterday also! oh yeah....UsEast
Anyone still trading xBweNx method? Or self xBweNx
Quoting Saintsurfer
Anyone still trading xBweNx method? Or self xBweNx
You'll probably find some in the RTFG thread.
http://www.forexfactory.com/showthread.php?t=203769
mind to share how you trade on the daily sometimes my block changes as the time passes on the daily. so you use the commercial one
The power of price action. Just some exsamples that show how PA can lead to som good and easy spoted trades. Yes it is after the event.I do not state that I took all those trades, this is just what I am looking for and trying to find on the chart. We all learning all the time my friend.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: renko2.gif Size: 17 KB
This how i trade renko blocks.
Attached Image (click to enlarge)
Click to Enlarge Name: sreenshot.gif Size: 24 KB
I AM WHAT I AM, AND THATS ALL THAT I AM
10 ema Blue
20 sma Red (center line of BB)
50 ema Dotted Magenta
pj-over rsi 7-50-50
" " 14-50-50
" " 21-50-50
" " 28-50-50
5 pip renko block
Attached File(s)
File Type: mq4 RenkoLiveChart_v2.1.mq4   9 KB | 797 downloads
File Type: mq4 Pj-over RSI.mq4   3 KB | 1,065 downloads
I AM WHAT I AM, AND THATS ALL THAT I AM
A- Took trade
B- Watched for bounce off 10 ema
C-Closed trade and watched to see if price crosses 20 sma
D- Opened trade
E F G- Watched for bounce off 10 ema
H-Closed trade
I- Opened trade
J- Closed trade
Guess where i went short? Am having a GOOD morning.
Attached Image (click to enlarge)
Click to Enlarge Name: sreenshot.gif Size: 15 KB
I AM WHAT I AM, AND THATS ALL THAT I AM
Goldflight, let me get this right :

you started trading at 00:46 in the morning till 13:25 and your are still on it. 13 hours and your are still in the market..

Well, you are either a pro trader, retired already or jobless.

Anyways, trading times like this will get you in the coffin waaaaay more
faster than a regulary job would do.. well if everything goes right with your strategy it will be a nice and expensive coffin though..

Yes i am unemployed. When i started trading this day, it was going so well i couldnt quit.
I AM WHAT I AM, AND THATS ALL THAT I AM
Goldflight

how are you using the 50ema?

also do you look for the block to completely cross the red 20 to exit ?
and block to cross 10 blue for entry
I have found that the 50 ema isnt needed. The rsi bars line up when price crosses 50 ema. I was exiting when price touched 20 sma or crossed it. But now i am using pivot points on 1 min chart to help in opening and closing positions.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: screenshot 2.gif Size: 12 KB
I AM WHAT I AM, AND THATS ALL THAT I AM
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