DislikedHi scalper.exp, Does the alert in the indi have a pop up to show the signal together with sound? is this possible to convert it to java as I am also using jforex platform from Dukascopy and they have renko in their platform. thxs. BillIgnored
- | Commercial Member | Joined May 2014 | 201 Posts
hai to all,
this update for the indicator signals, please find the following images taken from vps.....
see some pairs have loss trades, and some pairs have many green pips
currently working in additional indicator which is named as "PRICE_FLUCTUATE" later tonight it will be posted........
happy pips..............
this update for the indicator signals, please find the following images taken from vps.....
see some pairs have loss trades, and some pairs have many green pips
currently working in additional indicator which is named as "PRICE_FLUCTUATE" later tonight it will be posted........
happy pips.............. - Joined Jul 2013 | Status: Member | 637 Posts
currently working in additional indicator which is named as "PRICE_FLUCTUATE" later tonight it will be posted.
i am also renko lover ...
- | Commercial Member | Joined May 2014 | 201 Posts
{quote}
- | Commercial Member | Joined May 2014 | 201 Posts
hai to all,
many other charts trading people will tell, renko chart is best way to trade in trending market but in ranging market it will kill, I admit the same, in ranging markets renko will kill over profits, But what is the definition for ranging markets? my answer is simple it depends what kind of trading type we use for break out trader, the price between high and low is a range, for positional trader it will be huge pips gap is a range, for scalping trader even 10 pips up and down is big ranging market, but if a scalper see a ranging market , a break out trader will see there is opportunity coming soon for break out, were a break out trader sees a range , the swing trader will see the opportunity to buy or sell signal will be happening, were both swing and breakout trader sees a range a scalper will see trade setups to scalp quick 5 pips, and even the swing and breakout trader sees the chance arrived for entering trades the scalper will too see the opportunity for entering and scalping pips, Ultimately scalper has big big advantage, but we have to exit our trade as soon as possible. this is little off topic, but sure scalping will make pips and if it is in wrong side of the tarde , we will hit by a big wave......
here is the example to avoid ranging markets as per the rules.
many other charts trading people will tell, renko chart is best way to trade in trending market but in ranging market it will kill, I admit the same, in ranging markets renko will kill over profits, But what is the definition for ranging markets? my answer is simple it depends what kind of trading type we use for break out trader, the price between high and low is a range, for positional trader it will be huge pips gap is a range, for scalping trader even 10 pips up and down is big ranging market, but if a scalper see a ranging market , a break out trader will see there is opportunity coming soon for break out, were a break out trader sees a range , the swing trader will see the opportunity to buy or sell signal will be happening, were both swing and breakout trader sees a range a scalper will see trade setups to scalp quick 5 pips, and even the swing and breakout trader sees the chance arrived for entering trades the scalper will too see the opportunity for entering and scalping pips, Ultimately scalper has big big advantage, but we have to exit our trade as soon as possible. this is little off topic, but sure scalping will make pips and if it is in wrong side of the tarde , we will hit by a big wave......
here is the example to avoid ranging markets as per the rules.
- | Commercial Member | Joined May 2014 | 201 Posts
here comes the new born baby "PRICE_FLUCTUATE"
how to use this indicator,
this indicator is designed to identify the fluctuation of the PA. basically it has two signals , bull fluctuation-green, bear fluctuation-red,
you can combine with our Signal Support indicator for identifying the entries and exits,
1] if the Signal Support indi is in green and Price_Fluctuate in Green, then there is bullish fluctuation in bullish trend it will boost our trade result.
2] if the Signal Support indi is in green and Price_Fluctuate in Red, then there is bearish fluctuation in bullish trend , may be we have to decide to exit the bull trade or wait for the trend change to occur in Trend Support to exit the trade.
3]same for the sell side-- if both are same it will be boosting our trade, or we have to consider exit.
please remember it is a baby, once the current bar is closed it will not repaint, if you find any bugs please tell to me i will correct it.
as usual the dll file iam unable to upload it here because of the file size, please download it in the following link, with this dll file the Price_Fluctuate baby will not work , so please download it .
http://www.mediafire.com/download/n1..._Fluctuate.dll
i have put a new template file which will include 'Price_Fluctuate",
please reply if you have found any bugs..... happy trading..............
how to use this indicator,
this indicator is designed to identify the fluctuation of the PA. basically it has two signals , bull fluctuation-green, bear fluctuation-red,
you can combine with our Signal Support indicator for identifying the entries and exits,
1] if the Signal Support indi is in green and Price_Fluctuate in Green, then there is bullish fluctuation in bullish trend it will boost our trade result.
2] if the Signal Support indi is in green and Price_Fluctuate in Red, then there is bearish fluctuation in bullish trend , may be we have to decide to exit the bull trade or wait for the trend change to occur in Trend Support to exit the trade.
3]same for the sell side-- if both are same it will be boosting our trade, or we have to consider exit.
please remember it is a baby, once the current bar is closed it will not repaint, if you find any bugs please tell to me i will correct it.
as usual the dll file iam unable to upload it here because of the file size, please download it in the following link, with this dll file the Price_Fluctuate baby will not work , so please download it .
http://www.mediafire.com/download/n1..._Fluctuate.dll
i have put a new template file which will include 'Price_Fluctuate",
please reply if you have found any bugs..... happy trading..............
- | Commercial Member | Joined May 2014 | 201 Posts
source protected/hidden codes lives with the creater. when creater gone any version change with platform makes the system unusable. - cretaer gone - codes are protedted/hidden - new platform does not run the actual system = system into recyclebin all efforts/time spent is waste
but right now there is no situation for release of the original mql4 code , if such things happen i will sure leave the code.................
- | Commercial Member | Joined May 2014 | 201 Posts
Don't you think more people might follow this thread if you posted the actual renko set up your using? Then everyone would be looking at the same chart set up rather then everyone having different renko systems. Just a thought.
happy pips...............
- Joined Nov 2012 | Status: trend > bias | 2,761 Posts
{quote} yaa good point, thanks for letting me know, i will do that today..... happy pips...............
you are hard working,
from what I can see spend +12 hours trading / creating a system
wish you greeny pips
- | Commercial Member | Joined May 2014 | 201 Posts
TECHNICAL ANALYSIS TIPS :-
hai to all,
each and every system has its own ability and own draw backs, in my system, if we get in to the trade at early stages we will be in profit and if we just enter at the end of the trend we will be in loss. there is one common thing for trading is PA, if we glide through the PA, we will be able to make pips.
COUNTER TREND TRADING:-
lets analyze a situation, if buy or sell arrow appears, and price turned negatively . please look at the below picture, as we are trading the PA, the marked signal fails to give the pips as we expected and price turned south, if you people learned about PA then it will be also a chance to enter in to the market, as we know our Trend Support turned into correction mode, but the PA failed to make the new high and made a lower high and turned south to start its journey to south, in the mean while we are getting conformations through our Trend Support indicator, and Signal support indicator.
1] our buy signal fails.
2] new higher high was not made by the PA.
3]Signal Support and Trend Support changes its direction.
these all points clearly point that price will go south. we can take trade without the buy or sell signals in these situations. so there is much more difference between taking blindly the signals and taking signals with PA. both can win pips, but taking signals with PA will give us more pips and we can cover up our-self in long run......
hai to all,
each and every system has its own ability and own draw backs, in my system, if we get in to the trade at early stages we will be in profit and if we just enter at the end of the trend we will be in loss. there is one common thing for trading is PA, if we glide through the PA, we will be able to make pips.
COUNTER TREND TRADING:-
lets analyze a situation, if buy or sell arrow appears, and price turned negatively . please look at the below picture, as we are trading the PA, the marked signal fails to give the pips as we expected and price turned south, if you people learned about PA then it will be also a chance to enter in to the market, as we know our Trend Support turned into correction mode, but the PA failed to make the new high and made a lower high and turned south to start its journey to south, in the mean while we are getting conformations through our Trend Support indicator, and Signal support indicator.
1] our buy signal fails.
2] new higher high was not made by the PA.
3]Signal Support and Trend Support changes its direction.
these all points clearly point that price will go south. we can take trade without the buy or sell signals in these situations. so there is much more difference between taking blindly the signals and taking signals with PA. both can win pips, but taking signals with PA will give us more pips and we can cover up our-self in long run......