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Attachments: Trading Renko
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Trading Renko

Will give it a try
How long have you been doing this system and what is your success rate?

I've had some success with renko just looking for what I'm comfortable with tried a Randy candle variation but it didn't work to well
Hi,

I tried to attach the renko indicator and nothing appears,
what is happening?

Thanks
Quoting Saintsurfer
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.
Hi Saintsurfer,
I'd very much like to see how your using the multi trade managing ea, could you please post about it here or back at the RTFG thread?
Your saved preset file in a zip would be great too.

Goldflight your AFX_Trailing ea looks interesting too, can you post it here, and how it's working for you?
Quoting 45Fxguy
Hi Saintsurfer,
I'd very much like to see how your using the multi trade managing ea, could you please post about it here or back at the RTFG thread?
Your saved preset file in a zip would be great too.

Goldflight your AFX_Trailing ea looks interesting too, can you post it here, and how it's working for you?
You can find it here. I simply use for move my stop to break even and for jumping stop. The parameters I use can vary depending on diferent market bihavior. But usualy I move SL to BE after 15-20 pips and if I can`t monitor the trade I would use 30 pips jumping stop. But it is not a hard rule.
http://www.forexfactory.com/showthread.php?t=89371
Quoting Goldflight
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.
Having seen your setup I made a few adjustments that I think you may be interested in taking a look it. I think its a lot easier to see at a glance what you should or should not be doing. I also like the fact that you can set NoLagMA to give a signal on direction change.

10 PiP Renko Bricks

NoLagMA v7.1
0
13
0
1.0
1
0
0.0
1
0

Pj-Over RSI
8 55 45
Colors: Darkgreen, Red, Yellow, Yellow

Sell only when RSI is Red and NoLag is "Down"
Buy only when RSI is green and NoLag is "Up"
Yellow RSI is warning sign for direction change (a good place to exit or watch for signal change)

Attached Image (click to enlarge)
Click to Enlarge Name: screen.jpg Size: 77 KB
Attached File(s)
File Type: mq4 NonLagMA_v7.1.mq4   6 KB | 809 downloads
File Type: tpl Tester.tpl   2 KB | 628 downloads
Quoting tex
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..

Good eye on the poker chips as usual tex!
Quoting Zurathustra
Having seen your setup I made a few adjustments that I think you may be interested in taking a look it....
Nice template Zurathustra...
Looks good too on 5 pip renko for scalpers, I think, "tester" needs more testing...
Quoting Saintsurfer
You can find it here. I simply use for move my stop to break even and for jumping stop. The parameters I use can vary depending on diferent market bihavior. But usualy I move SL to BE after 15-20 pips and if I can`t monitor the trade I would use 30 pips jumping stop. But it is not a hard rule.
http://www.forexfactory.com/showthread.php?t=89371
If not too much trouble, could you describe the said market behaviors where you might prefer to use a jumping stop etc instead of trailing tp or sl etc?
Thank you...
Quoting Zurathustra
Having seen your setup I made a few adjustments that I think you may be interested in taking a look it....
Another version with setting etc borrowed from saintsurfer's thread.

This screen shot is on 5 pip renko bricks, so we may have to wait until Sunday evening to see it on 10 or higher bricks.
Attached Image (click to enlarge)
Click to Enlarge Name: tester 2.gif Size: 17 KB
Attached File(s)
File Type: tpl tester 2.tpl   4 KB | 572 downloads
File Type: mq4 Stoch Candle OverBought-Sold(must).mq4   6 KB | 778 downloads
Hi,

When i try to attach this indicator nothing appears.
Whatīs going on?

Thanks!
Quoting josemarcoss
Hi,

When i try to attach this indicator nothing appears.
Whatīs going on?

Thanks!
Did you read & follow instructions in thread below?

http://www.forexfactory.com/showthread.php?t=189584
Hi!

Finally, itīs working!

Thanks very much!
Quoting 45Fxguy
If not too much trouble, could you describe the said market behaviors where you might prefer to use a jumping stop etc instead of trailing tp or sl etc?
Thank you...
It simply, if I trust the trend I am in I would only use SL moving to BE, with less confidence I would add jumping stop to save some profits(sometimes it helps) I do not use trailing stop. It is more valuable when the trailing stop is activated after 50/100 pips in profit(longer term trading), I think. Not sure if it gave any sence but any way the exit is very important in trading for me, many traders only consentrate on just faster jumping in..
can any one help i am looking for an indicator(alarm) that tells me when the renko bars change color. i have the alarm that tells me when a new bar is formed but not change of color
Quoting Breadman
can any one help i am looking for an indicator(alarm) that tells me when the renko bars change color. i have the alarm that tells me when a new bar is formed but not change of color
I think that NonLagMA_v7.1.mq4 has a very good alarm. Why do you need an alarm for every change in brick color?
Hi,

Pipster007. Could u please upload that MACDv105/RSI indicator on your chart or put a link to where I can get it? I'll really appreciate it. Thanks.
Quoting ranger
Glad there is a Renko thread
Cool! Nice to have stumbled on this Renko thread.
I really like Renko and Range bar data presentation.
I'll post some charts here later.

Quoting UKSExpert
Hi,

Pipster007. Could u please upload that MACDv105/RSI indicator on your chart or put a link to where I can get it? I'll really appreciate it. Thanks.
Hi,
here it is the Macd. RSI is added manually by dragging the RSI to the MACD and add levels 45/55.
Attached File(s)
File Type: ex4 MACD_Colored_v105.ex4   23 KB | 636 downloads
Quoting 45Fxguy
I think that NonLagMA_v7.1.mq4 has a very good alarm. Why do you need an alarm for every change in brick color?
so when i am not sitting in front of the computer i will know about a trend change
what sort of renko is this.
it seems renko with tail
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