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Fxgreenhawk Routine - Trading for a Living

  • #101
  • Aug 28, 2017 6:59am Aug 28, 2017 6:59am
Falkborn, thank you very much for posting the charts! Not sure if you have tried it but here is a Renko generator that makes it easy to switch between different Renko charts and to resize the blocks on the fly. https://www.forexfactory.com/showthread.php?p=10098408
  • #102
  • Aug 28, 2017 7:04am Aug 28, 2017 7:04am
Quoting falkborn
{quote} I suggest you do demo trading for a month and get the feel of the system . I know you are excited about the strategy . Still discipline comes from feeling the flow and being one with your weapon first, before facing your opponent . {image}
Yes of course, I meant posting them in "live", when I open them and so on, and not after the fact, so we all learn better from my mistakes.

I will be using demo for a while as you adviced, until I get confident enough to trade calmly with a weapon I know. Patience, effort and discipline!
  • #103
  • Aug 28, 2017 7:13am Aug 28, 2017 7:13am
Here is a template for the above Renko generator so that it creates a 3 brick and a 12 brick and automatically applies "Fxgreenhawk 2" template to the charts when opened.
Attached File(s)
File Type: tpl Renko-3-12.tpl   4 KB | 263 downloads
  • #104
  • Aug 28, 2017 9:17am Aug 28, 2017 9:17am
I am sorry for anyone who is waiting for the signals , the traffic responses and enquiries are too overwhelming , I am really glad that everyone is finding the system amazing . I will try to update you on signals as much as i can , or you can check the trade explorer for the trades and SL and TPs .Ss far we have bagged some 200 + pips . Thank you once again for your amazing support . Now lets KICK SOME FOREX ARSE !!!
>>> BE INTENTIONAL
  • #105
  • Aug 28, 2017 12:07pm Aug 28, 2017 12:07pm
Attached Image (click to enlarge)
Click to Enlarge Name: aud.png Size: 37 KB
  • #106
  • Aug 28, 2017 12:11pm Aug 28, 2017 12:11pm
Quoting Dr.Admyck
{image}
great man ! keep up the good job
>>> BE INTENTIONAL
  • #107
  • Aug 28, 2017 12:17pm Aug 28, 2017 12:17pm
Quoting falkborn
{quote} great man ! keep up the good job
If not for u........!
  • #108
  • Edited 8:25pm Aug 28, 2017 4:51pm | Edited 8:25pm
Hi falkborn. Interesting system, thanks for sharing. From your 2nd post and forward, the rules and examples look clear enough, but for the sake of completeness and clarity, as all the links to the pictures in your first post do not work, could you kindly update them?
Also, if I may I ask, when do you move the stop to b/e? From your examples I seem to gather that you only move it after the 2nd target has been reached. Is that a fixed rule or you just use your own discretion?
And do you have a preferred basket of pairs you continuously watch on the 12 brick chart or you make a selection based on some kind of criteria? Thank you.

Edit: I just had a look at your TEs and I can see the choice of pairs is pretty varied. Why that big difference between live and demo results though, if you don't mind my asking?
  • #109
  • Aug 28, 2017 10:46pm Aug 28, 2017 10:46pm
Quoting 4fxonly
Hi falkborn. Interesting system, thanks for sharing. From your 2nd post and forward, the rules and examples look clear enough, but for the sake of completeness and clarity, as all the links to the pictures in your first post do not work, could you kindly update them? Also, if I may I ask, when do you move the stop to b/e? From your examples I seem to gather that you only move it after the 2nd target has been reached. Is that a fixed rule or you just use your own discretion? And do you have a preferred basket of pairs you continuously watch on the...
Yes its a personal preference about trailing the stops , as i have seen from experience that its better to bag pips than lose it all .I trade all the pairs except chfpairs , the only chf pairs i trade are usdchf and chfjpy . The live results follow another approach , its used with the classic candlestick pattern in combination with renko , its all about getting the drawdown to 5 to 10% and look for high quality signals . This system can be traded in different ways . There are three levels for the system , beginner -intermediate and then the pro . I am sharing only the beginner level of the strategy here .
>>> BE INTENTIONAL
  • #110
  • Aug 29, 2017 1:31am Aug 29, 2017 1:31am
Quoting lcoff
Here is a template for the above Renko generator so that it creates a 3 brick and a 12 brick and automatically applies "Fxgreenhawk 2" template to the charts when opened. {file}
Thanks a lot, it works nicely. I don't like it to have dlls (it's unsafe isn't it?), but it really makes life easier when it comes to change brick size, will monitor that thread too for updates just in case dlls are no longer required in higher versions.
  • #111
  • Aug 29, 2017 1:33am Aug 29, 2017 1:33am
Quoting falkborn
{quote} Yes its a personal preference about trailing the stops , as i have seen from experience that its better to bag pips than lose it all .I trade all the pairs except chfpairs , the only chf pairs i trade are usdchf and chfjpy . The live results follow another approach , its used with the classic candlestick pattern in combination with renko , its all about getting the drawdown to 5 to 10% and look for high quality signals . This system can be traded in different ways . There are three levels for the system , beginner -intermediate and then...
I think is best to master the easiest stages first and when you get to know the method well and are profitable already then refine it as you said, thanks again man.
  • #112
  • Aug 29, 2017 2:19am Aug 29, 2017 2:19am
Sorry for the spam, but I'm having trouble with the setup of the renko chars:

When I add a chart then the EA to create renko, I make it M1 and then I create the renko offline normally, but the renko chart created has only around 20 bars in 12 bricks, sometimes evenless, so less that not even heiken Ashi is drawn in the candles. 3 bricks displays well.

I guessed it was because I had to redownload the data, so I did, pressing F2 and choosing the symbol and timeframe, but it fixed nothing.

Then I thought it might was because my max bars on history and on chart are only 5000 (to speed up MT4), so I made it 20000 each, and still saw no change when opening a fresh chart I never opened before or when redownloading an old one.

I didn't want to clutter the thread with technical mt4 silly questions but I'm out of ideas and this is making me crazy since the start! Anyone knows what happens or how to fix it? I can't wait to start using the system! Thank you guys
  • #113
  • Aug 29, 2017 3:19am Aug 29, 2017 3:19am
No offense intended ... but the TEs above do not look very promising - at least so far ....
  • #114
  • Aug 29, 2017 3:24am Aug 29, 2017 3:24am
Quoting DerBerliner
No offense intended ... but the TEs above do not look very promising - at least so far ....
if you have followed the strategy and looked at the charts you could see we missed a lot of very very good trades , just because my TE doesnt show it doesnt mean it doesnt work , i have been very busy yesterday with the mail and hospital .BUt dont worry we will end this week with great pip count
>>> BE INTENTIONAL
  • #115
  • Aug 29, 2017 7:40am Aug 29, 2017 7:40am
Quoting Alrighty
Sorry for the spam, but I'm having trouble with the setup of the renko chars: When I add a chart then the EA to create renko, I make it M1 and then I create the renko offline normally, but the renko chart created has only around 20 bars in 12 bricks, sometimes evenless, so less that not even heiken Ashi is drawn in the candles. 3 bricks displays well. I guessed it was because I had to redownload the data, so I did, pressing F2 and choosing the symbol and timeframe, but it fixed nothing. Then I thought it might was because my max bars on history...
After lots of trial-error I finally fixed it! If anyone encounters this trouble with renko, do this:

-In options, set max bars to around 40-50k in both history and display. Have all your M1 and M2 charts loaded.

-Go to an M1 chart, make sure the green "play" button is not on, push Home in your keyboard, then PageUP until you see chart stops scrolling (it's downloading the data from your broker when you do this), having M1 zoomed out speeds up this process.

-Repeat to every single M1 chart, then reboot MT4 and is done.
  • #116
  • Aug 29, 2017 7:48am Aug 29, 2017 7:48am
Attached Image (click to enlarge)
Click to Enlarge Name: eaddd.png Size: 28 KB
  • #117
  • Aug 29, 2017 8:11am Aug 29, 2017 8:11am
Quoting Dr.Admyck
{image}
Nice trade, but isn't this is a counter-trend trade if your are looking at the 12pip chart first?

"Fxgreenhawk Routine - First you have to take the 12 brick renko bar and look for the retracement of price back to the 36 ema ( for buy ) . Now draw a trendline and go to a 3 brick size renko bar and look for a 12 ema cross over and a retracemtnet back to the 36 ema and put a buystop above the recent fractal high ."
  • #118
  • Aug 29, 2017 8:17am Aug 29, 2017 8:17am
Quoting JustUncleL
{quote} Nice trade, but isn't this is a counter-trend trade if your are looking at the 12pip chart first? "Fxgreenhawk Routine - First you have to take the 12 brick renko bar and look for the retracement of price back to the 36 ema ( for buy ) . Now draw a trendline and go to a 3 brick size renko bar and look for a 12 ema cross over and a retracemtnet back to the 36 ema and put a buystop above the recent fractal high ."
trying out possibilities. i used only renko 3 bricks 4 my analysis.
  • #119
  • Aug 29, 2017 9:16am Aug 29, 2017 9:16am
Quoting Dr.Admyck
{quote} trying out possibilities. i used only renko 3 bricks 4 my analysis.
If you are trading different to the standard "Fxgreenhawk Routine" strategy, please explain your images and your reasoning, otherwise don't post it. I believe using just a 3pip chart in the long term is going to get you into trouble. Unless you look at the 12pip, you have no idea what direction the long term trends is heading
  • #120
  • Aug 29, 2017 10:13am Aug 29, 2017 10:13am
Thank You very much for sharing this valuable trading method! I start to test it on futures market, with a bit different MM, because of my account size, i can open just 1 lot/contract. I'll post my experiences.
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