Let it turn and find your entry.
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
DislikedChoice 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...Ignored
DislikedHorrible day when you have to give back so much. I have taken time to review and I see my failings. First I got out of bed late and turned on my computer 3 minutes before FO. I should have decided which pair to trde like 15 minutes before. Second I ignored my game plan of choosing from the High ADR pairs, EURUSD had dropped from both tables and was dancing around the Pivots, while EURJPY, GBPJPY, USDCAD were well aligned. {image} {image} {image} {image}Ignored
Disliked{quote} Does high ADR shown at a particular point in time occurred due to the movement preceded or does it show an actual potential move which might happen? I am a bit confused with this aspect of the ADR. Could you please clear my doubt. Thanks in advance.Ignored
DislikedFound something some time back similar to this.... https://www.forexfactory.com/showthread.php?t=454060 I could not get kiads version to work, (I wonder who has succeeded in using it on a consistent basis) I so believed that it would be the "Numero Uno" of Renko Chart builders. My mistake all this while was placing it in the Experts folder instead of simply in the Indicators Folder. Imagine no MAs no BBs, TDI RSI, Stochs. I could only get the MACD to work with it for visual confirmation and if you are familiar with me, Divergence spotting....Ignored
Disliked{quote} PS And please if anyone has any working version of Adjustable Renko chart builder please and pretty please, feel free to shareIgnored
DislikedChoice 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...Ignored
Disliked{quote} CHFJPY did get to R78 but was not under the high ADR radar {image} {image} {image} {image}Ignored