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More simple is impossible

  • #9,581
  • Dec 26, 2017 6:19am Dec 26, 2017 6:19am
Hello every one, hope you have had or are continuing to have a good Holiday, by now I am typically bored with it and have been distracting myself the end result is I have posted a question about Pepperstone UK withdrawls on the Broker Thread here is the link. https://www.forexfactory.com/showthread.php?t=725494

Any feedback on that thread would be appreciated.
Cut your Losers short and let your Winners run.
  • #9,582
  • Dec 27, 2017 3:21pm Dec 27, 2017 3:21pm
Hey guys, hope you have had a good trading day. I took 28 pips of DAX but again made some costly mistakes. I would be glad if you comment my last entry. It is renko 5 and I admitt I opened the trade 2.5 hod before DAX closes and volatility was low. Thanks.
Attached Image (click to enlarge)
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  • #9,583
  • Dec 28, 2017 3:37pm Dec 28, 2017 3:37pm
Today I did not have much success. Overal -5. First trade would have been good if I had let it run. SL was was moved below BE. Last two trades were open when volatility was low and both entries were wrong. Still fighting with my emotions (wanting to be in trade).
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  • #9,584
  • Dec 29, 2017 3:59am Dec 29, 2017 3:59am
Quoting majrou666
Today I did not have much success. Overal -5. First trade would have been good if I had let it run. SL was was moved below BE. Last two trades were open when volatility was low and both entries were wrong. Still fighting with my emotions (wanting to be in trade). {image}
Patience is important in those jigsaw areas. What I try to do is to get a bigger picture from a larger chart. If I look at the small one, i get tempted to get out, and start second and third guess myself...thats when i screw up.
Best, Josh
  • #9,585
  • Dec 29, 2017 4:05am Dec 29, 2017 4:05am
Ger 30 +42. Managed to get a trade in today. I am looking at the larger chart and what I am seeing is a potential 123 double down. The target would be 161/200 area but I only went for 127. I have made some changes to my chart, imported emas from the 4h chart and changed macd setting. I am considering removing macd altogether. It might look like chart porno now, but we will see. I cant manage 7 10 5 settings, they mess me up more than they help.
Anyway, looked at the market profile as well. I am not sure if i have it correctly, but i do see singles in the 161 area. Lets see what happens.
Best, Josh
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  • #9,586
  • Dec 30, 2017 8:13am Dec 30, 2017 8:13am
Dear friends best wishes for the holidays and happiness throughout the New Year. Green pips to all. See you in 2018

Best
Luca
  • #9,587
  • Dec 31, 2017 8:31am Dec 31, 2017 8:31am
Quoting matmomo
Dear friends best wishes for the holidays and happiness throughout the New Year. Green pips to all. See you in 2018 Best Luca
Happy and Green 2018 to All.
Best, Josh
  • #9,588
  • Jan 2, 2018 1:48am Jan 2, 2018 1:48am
Hi everyone, what are the best renko charts available now? i dont mind paying if necessary
  • #9,589
  • Jan 2, 2018 2:40am Jan 2, 2018 2:40am
Quoting sorostrustfu
Hi everyone, what are the best renko charts available now? i dont mind paying if necessary
I am guessing you are talking about a generator - i would argue this one and its free. https://www.forexfactory.com/showthread.php?p=10132482
Best, Josh
  • #9,590
  • Jan 2, 2018 3:03am Jan 2, 2018 3:03am
Hello everyone,
it's my first post here. I like very much idea of renko + HA and I think it's got a lot of potential.
Appreciate for sharing this "secret" knowledge
Here is my first try of trade, didn't take it because something froze my renko chart (later discovered that source chart needs to be opened), but got the idea.
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  • #9,591
  • Jan 2, 2018 10:22am Jan 2, 2018 10:22am
Quoting z3dd
Hello everyone, it's my first post here. I like very much idea of renko + HA and I think it's got a lot of potential. Appreciate for sharing this "secret" knowledge Here is my first try of trade, didn't take it because something froze my renko chart (later discovered that source chart needs to be opened), but got the idea. {image}
Hope this thread will be helpful for you, keep reading it whole and you'll find out the real potential is in you, not in the indicator and type of chart. Best of luck
  • #9,592
  • Jan 2, 2018 5:39pm Jan 2, 2018 5:39pm
Hey guys, my first trading day in 2018 was a disaster. I started well but then my emotions ran the trades. Overall I finished -66 pips and -1,66% of my demo account. I was still switching among renko 3, 5 and 10 - did not know where to take the trade. I did not have a clear plan what to trade (TLB, EMA cross, 1-2-3, 2B, stochs cycle, scalp ort homerun...). Hope you had better day.
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  • #9,593
  • Jan 3, 2018 1:24am Jan 3, 2018 1:24am
Quoting majrou666
Hey guys, my first trading day in 2018 was a disaster. I started well but then my emotions ran the trades. Overall I finished -66 pips and -1,66% of my demo account. I was still switching among renko 3, 5 and 10 - did not know where to take the trade. I did not have a clear plan what to trade (TLB, EMA cross, 1-2-3, 2B, stochs cycle, scalp ort homerun...). Hope you had better day. {image} {image} {image}
If there is one thing I can suggest, its to focus only on 2 charts rather than 3.
Best, Josh
  • #9,594
  • Jan 3, 2018 4:36pm Jan 3, 2018 4:36pm
Hello friends, happy holidays to all.
I´m back from vacations and warming up to kick ass this 2018. This is my turning point year.

Lets get those charts going.

Best wishes to all.
  • #9,595
  • Jan 3, 2018 5:22pm Jan 3, 2018 5:22pm
Hey guys, today another miserable trading. I was distracted a lot because of my job. Still struggling with entry signals. However, not loosing hope for getting better results.
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  • #9,596
  • Jan 4, 2018 2:19am Jan 4, 2018 2:19am
Quoting majrou666
Hey guys, today another miserable trading. I was distracted a lot because of my job. Still struggling with entry signals. However, not loosing hope for getting better results. {image}
Hi. I hope you don't mind, I have annotated your chart. A tactics that is very important - take your chart and annotate it after every session - best way to learn. What happened here? What did I not see? What should have i done? Compare to what I actually did...

You are missing some BRNs. You are not using the ema3+2, that is fine if you chose to do so, but then there is no point in having it on the chart. MACD, it shows momentum divergences, but also the setting of 7 10 5 color should align with your trade.(unless you are convinced otherwise). Also, the SR zone that you have marked, PA reaching it is not an auto signal to short or long, which is now clear.
Best, Josh
Attached Image (click to enlarge)
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  • #9,597
  • Edited 5:10am Jan 4, 2018 4:33am | Edited 5:10am
Hi all,

about hardware to use with this our Renko system:

- I currently use without problem a desktop computer with i7-3770 processor, 16GB, SSD, and network cable directly connected to router 50Mb/s internet access. 10 Renko charts running:2 for this More Simple is Impossible system(one MT4 instance), and 8 for Spartan Renko system(a second MT4 instance).

- But at work, I use a laptop with i3-3227U processor, 16GB, SSD, connected by wifi b/g/n (without 5GHz with ac). Only 2 Renkos for our MSI system.

Windows 7 64bit at both computers. And I don't see the need to look for other OS.

The problem, at work, I usually see big bottleneck on price movement and Metatrader opening for example CTRL+T positions window, it takes 2-3 seconds to show it.

I use Renko Chart Suite 3.006 build version on all bricks generators.

- Do I change whole laptop?
- Do I try an USB 2.0/3.0 wifi ac dongle?
- Do I try other Renko bumper that you know that it could have better performance?

Thank youuuu, and have a happy new year.
Fran
  • #9,598
  • Jan 4, 2018 5:39am Jan 4, 2018 5:39am
Fran
Why do you have 10 renko charts running?
I'd pick a couple of instruments, perhaps the Dax and GBPJPY?
As you can see from the other posts, the Dax will give you more than enough entries
Have a nice day
  • #9,599
  • Jan 4, 2018 5:50am Jan 4, 2018 5:50am
Hi billv,

I do it for learning issues. I know that for manual trading, this More Simple is Impossible it is my way. But I am looking for more other ways. I have recently prepared different renko robots that they begin to achieve positive results. But I can't program for example good divergencies calculations. So, I look for other point keys for other people for other systems that could add to my algorithms.

But for manual trading with our system, I find the problems that I had related on my laptop. This is why I ask you your opinion about the hardware you use if you use a laptop.

Thank you
  • #9,600
  • Jan 4, 2018 6:14am Jan 4, 2018 6:14am
Quoting francisquito
Hi all, about hardware to use with this our Renko system: - I currently use without problem a desktop computer with i7-3770 processor, 16GB, SSD, and network cable directly connected to router 50Mb/s internet access. 10 Renko charts running:2 for this More Simple is Impossible system(one MT4 instance), and 8 for Spartan Renko system(a second MT4 instance). - But at work, I use a laptop with i3-3227U processor, 16GB, SSD, connected by wifi b/g/n (without 5GHz with ac). Only 2 Renkos for our MSI system. Windows 7 64bit at both computers. And I don't...
Extra > Options > Diagram > max bars in history/max bars in chart <<-- are both set to same values (or better reduce it a little more on the i3)?
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