Renko line in the sand | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

RENKO Trading SYSTEM - RENKO Indicators 7 replies

Line in the Sand 106 replies

New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies

Line in the Sand Part 2 4 replies

Daily Break and bounce - line in the sand 9 replies

Attachments: Renko line in the sand
Exit Attachments

Renko line in the sand

  • #221
  • Jun 1, 2018 6:50am Jun 1, 2018 6:50am
Quoting grenell
Hi Intrepid I just downloaded your indi 'Moving Average Difference. It does not open on my charts. Is it specific to your chart type? I use OVO Median Renko presently. same with normal time based charts. Any updated version? Regards Rod

I don't know why it's not working with your chart, it works on both my Ovo and Evolution median Renko.
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 630.png Size: 70 KB
Let it turn and find your entry.
  • #222
  • Jun 1, 2018 6:53am Jun 1, 2018 6:53am
Can you post it again, maybe something went wrong in the download?
Rod
  • #223
  • Jun 1, 2018 7:49am Jun 1, 2018 7:49am
Quoting grenell
Can you post it again, maybe something went wrong in the download? Rod

All my indies
Attached File(s)
File Type: rar UPDATE.rar   590 KB | 485 downloads
Let it turn and find your entry.
  • #224
  • Jun 1, 2018 7:58am Jun 1, 2018 7:58am
"Less is more" so I'm stripping the charts down a bit, should be able to see Hidden Divergence better this way.
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 631.png Size: 57 KB
Let it turn and find your entry.
  • #225
  • Jun 1, 2018 8:09am Jun 1, 2018 8:09am
My dual screen view
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 632.png Size: 294 KB
Let it turn and find your entry.
  • #226
  • Jun 2, 2018 3:47pm Jun 2, 2018 3:47pm
Quoting Intrepidpips
{quote} It's evolving and not set in stone. I rely on following the trend, trading continuations, following Hidden Divergence, Range Breakout/Breakdown. Pivots for targets. ATM, SELL Price below 64LWMA, Shift 2, Weighted price, And below 8LWMA, shift 2, Typical price. Then Momentum below 100 Followed by Bearish TRIX REVERSE FOR BUY Hope the screenshot is clear enough? {image}
yes it is pal. thank you. Price Action never fails to amuse me.
forex is better than cryptocurrency, trust me.
  • #227
  • Jun 5, 2018 8:06am Jun 5, 2018 8:06am
There will always be a solution.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: RLITS 635.png Size: 68 KB
Click to Enlarge Name: RLITS 636.png Size: 64 KB
Let it turn and find your entry.
  • #228
  • Jun 6, 2018 6:40am Jun 6, 2018 6:40am
Quoting Intrepidpips
{quote} All my indies {file}
The "Tweak Monster" never leaves me alone.

The Buy?Sell Arrows and Quantile bands have already been posted.
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 638.png Size: 72 KB
Attached File(s)
File Type: ex4 Momentum_Histo.ex4   13 KB | 376 downloads
File Type: mq4 Momentum_Histo.mq4   5 KB | 380 downloads
File Type: ex4 obo_trendbars-2.ex4   16 KB | 294 downloads
File Type: mq4 obo_trendbars-2.mq4   4 KB | 338 downloads
Let it turn and find your entry.
  • #229
  • Jun 6, 2018 7:31am Jun 6, 2018 7:31am
Quoting Intrepidpips
{quote} The "Tweak Monster" never leaves me alone. The Buy?Sell Arrows and Quantile bands have already been posted. {file} {file} {file} {file} {image}

And the Pivots.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: RLITS 639.png Size: 108 KB
Click to Enlarge Name: PIVOTS 2.png Size: 50 KB
Attached File(s)
File Type: ex4 WP_Nostromo_mod.ex4   92 KB | 309 downloads
File Type: mq4 WP_Nostromo_mod.mq4   22 KB | 332 downloads
Let it turn and find your entry.
  • #230
  • Jun 7, 2018 2:42am Jun 7, 2018 2:42am
Looks like the Momentum indicator has helped with finding better entries (the Histo version is the bomb), the Bands beats the classic BB and gives you your exit point -close inside the bands (if I could just obey it)
I had used the Quantile Bands before and I have returned to it hoping to use it better for add-ons and exits this time

The problem seems to be taking too little profits and allowing too much Loss.
I am trying to limit my losses to 7 pips and looks like I'm succeeding at that, the fight now is not bailing out when price turns against me before hitting my SL and then holding on to my TP.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: RLITS 640.png Size: 71 KB
Click to Enlarge Name: RLITS 641.png Size: 60 KB
Let it turn and find your entry.
  • #231
  • Jun 7, 2018 3:12am Jun 7, 2018 3:12am
Quoting Intrepidpips
the fight now is not bailing out when price turns against me before hitting my SL and then holding on to my TP. {image} {image}
I was so mad at myself yesterday for bailing out listening to that voice in my head saying "You can't allow this trade to end in a loss" had I gotten out of the way, I would have ridden to R1, that would have boosted my confidence to take all the other signals.
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 642.png Size: 66 KB
Let it turn and find your entry.
  • #232
  • Jun 7, 2018 3:21am Jun 7, 2018 3:21am
Quoting Intrepidpips
the Bands beats the classic BB and gives you your exit point -close inside the bands (if I could just obey it) I had used the Quantile Bands before and I have returned to it hoping to use it better for add-ons and exits this time

holding on to my TP. {image} {image}

Too much left on the table.
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 643.png Size: 57 KB
Let it turn and find your entry.
  • #233
  • Jun 7, 2018 4:59am Jun 7, 2018 4:59am
Giving back too much.
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 644.png Size: 54 KB
Let it turn and find your entry.
  • #234
  • Jun 7, 2018 5:11am Jun 7, 2018 5:11am
FEAR OF MISSING OUT(FOMO)

I broke the rules on this one.
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 645.png Size: 54 KB
Let it turn and find your entry.
  • #235
  • Jun 7, 2018 6:17am Jun 7, 2018 6:17am
Quoting intrepidpips
fear of missing out(fomo) i broke the rules on this one. {image}

My never again list

#1 No more mental stops
#2 No more breaking the rules
Let it turn and find your entry.
  • #236
  • Jun 7, 2018 6:28am Jun 7, 2018 6:28am
It seems the minute I give up and bail, price goes in my original direction.
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 646.png Size: 59 KB
Let it turn and find your entry.
  • #237
  • Jun 7, 2018 6:36am Jun 7, 2018 6:36am
I wasn't comfortable with my entry (maybe I didn't quite think where the target should be), it was too late in the move.
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 647.png Size: 60 KB
Let it turn and find your entry.
  • #238
  • Jun 7, 2018 7:00am Jun 7, 2018 7:00am
Choice of pairs

This is definitely a great factor for success in trading.

I am thinking that I might start using the Pivots and the ADR/ATR.

The Idea is to select from the Highest ADR pairs and then choose the ones trading away from the Daily pivots and take signals from those pairs only.
Any pair that does not meet these two criteria is not considered.
Even if you chose to trade the M15 charts it's a guarantee of daily consistent pips.

An example from today, the EURUSD.
The Stoch/Mom is in my preferred Oscillator keeps you from Fake-outs unlike the TDI
Attached Image (click to enlarge)
Click to Enlarge Name: ADR PIVOTS.png Size: 83 KB
Let it turn and find your entry.
  • #239
  • Jun 7, 2018 7:09am Jun 7, 2018 7:09am
Quoting Intrepidpips
Choice of pairs This is definitely a great factor for success in trading. I am thinking that I might start using the Pivots and the ADR/ATR. The Idea is to select from the Highest ADR pairs and then choose the ones trading away from the Daily pivots and take signals from those pairs only. Any pair that does not meet these two criteria is not considered. Even if you chose to trade the M15 charts it's a guarantee of daily consistent pips. An example from today, the EURUSD. The Stoch/Mom is in my preferred Oscillator keeps you from Fake-outs unlike...
Let's see USDCAD
Attached Image (click to enlarge)
Click to Enlarge Name: ADR PIVOTS 1.png Size: 90 KB
Let it turn and find your entry.
  • #240
  • Jun 7, 2018 7:18am Jun 7, 2018 7:18am
I'm not sure I'd have chosen this pair, but it's respecting the ADR Marker.
It was straddling the Pivots before eventually assuming a trend away from the Pivots.
Attached Image (click to enlarge)
Click to Enlarge Name: ADR PIVOTS 3.png Size: 87 KB
Let it turn and find your entry.
0 traders viewing now