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Renko channel - very accurate (assembled by me)

  • #201
  • May 8, 2020 12:26am May 8, 2020 12:26am
Quoting AngieT
{quote} Some clever thinking thanks my solution was because I dont need alerts was to take out the alert codes and recompile but thanks for the idea I have combined Valdecchio's chart with a few of my fav indicators works well last night bagged 200+ dollars on .4 lot Loving this makes me wait for a clear signal {image}
hi Angie T, can you share your template with a description of how to use it? MACD is too slow and hence a lot of opportunities being lost
How can i loose when i started from the bottom!?
  • #202
  • May 8, 2020 1:14am May 8, 2020 1:14am
Quoting AngieT
{quote} Some clever thinking thanks my solution was because I dont need alerts was to take out the alert codes and recompile but thanks for the idea I have combined Valdecchio's chart with a few of my fav indicators works well last night bagged 200+ dollars on .4 lot Loving this makes me wait for a clear signal {image}
Hi. CAn you share?
  • #203
  • May 8, 2020 1:50am May 8, 2020 1:50am
Quoting osmanxx
{quote} Hi. CAn you share?
too difficult to share sorry

Although if you use semafore AND the arrows fron mladens code halftrend then this should be enough keeping it simple
oh and the support resistance lines in the system of the thread I dont want to hijack this great thread..

Regards
  • #204
  • May 9, 2020 7:10am May 9, 2020 7:10am
Quoting valdecchio
{quote} I'm glad you had good results ... can you post your statement to make everyone participate? I am still working with the same indicators, with the bands .. because they help (visually) to understand when a trend is about to end .. and there will be an inversion ... the losses are obvious, they are always but I am looking for to filter market revenue as much as possible. {image}
I was working with 3 different strategies so statement wouldn't really reflect anything meaningful. But now I have setup a demo account for this strategy alone because it is simple, has shown promise and makes sense to me. I use it without Renko Street channel indicator because it has no use. I am also not sure of Quicktrail EA because my stoploss is not fixed and is just above the last swing. But I am struggling with determining an appropriate TP (suggestions are welcome). I am also using it both with and without Renko.

All in all, your system has so far shown promise and I will be forward-testing this strategy in the coming weeks.

Thank You.
  • #205
  • May 10, 2020 9:32pm May 10, 2020 9:32pm
Quoting valdecchio
Hi everybody, today I would like to share with you a strategy that I took a few months to thin .. to the eye it is very simple, based on renko 10pips box charts ... I started in December in assembling a good strategy, putting together some indicators, being very careful not to overdo it in filling the chart, and to date I can say that I have found an excellent system capable of bringing home, from 200 to 500 pips per week, following 3 simple rules. I am also seriously thinking about using this new system as a second job. but there are some angles...


Hello, Does your indicators repaint?
And what is the best timeframe for trading?
  • #206
  • May 10, 2020 10:02pm May 10, 2020 10:02pm
Quoting Huyme
{quote} Hello, Does your indicators repaint? And what is the best timeframe for trading?
angles hmm post a chart
  • #207
  • May 10, 2020 10:02pm May 10, 2020 10:02pm
Quoting Huyme
{quote} Hello, Does your indicators repaint? And what is the best timeframe for trading?
um renko doesnt have a timeframe babe
  • #208
  • May 10, 2020 11:12pm May 10, 2020 11:12pm
Quoting AngieT
{quote} angles hmm post a chart
No no, i mean i want to ask those indicators are repaint or not repaint? I hope it isn't repaint.
  • #209
  • May 11, 2020 3:49am May 11, 2020 3:49am
Quoting AngieT
{quote} too difficult to share sorry Although if you use semafore AND the arrows fron mladens code halftrend then this should be enough keeping it simple oh and the support resistance lines in the system of the thread I dont want to hijack this great thread.. Regards
Why is it to difficult to share. After all you are using someone else's code. Just upload. Takes 2 minutes.
  • #210
  • May 11, 2020 4:21am May 11, 2020 4:21am
Quoting Spikehunter
{quote} Why is it to difficult to share. After all you are using someone else's code. Just upload. Takes 2 minutes.
I do not wish to be rude but your words reek of a statement from a Free loader....e.g if one has spent many years on research and trading the option to share is their option
R
Ronnie Renko
  • #211
  • May 12, 2020 1:29am May 12, 2020 1:29am
Hi, I really appreciate the step by step to set up the renko chart on MT4. It would have been really confusing otherwise, very well done. Thank you.

I try to add confluence to the signals provided in the Renko by checking the order flow and price action on the Candlestick chart. for example buyer/seller weakness, Divergence, support and resistance. Its great because I now have to only focus on those once the signal is shown on the Renko.

Cheers!
  • #212
  • May 12, 2020 2:54am May 12, 2020 2:54am
Quoting Huyme
{quote} No no, i mean i want to ask those indicators are repaint or not repaint? I hope it isn't repaint.
semafore repaints like wildly. it is not my friend anymore mladens halftren - the jury is still out on this one
  • #213
  • May 12, 2020 3:05am May 12, 2020 3:05am
Quoting Ced74
{quote} I do not wish to be rude but your words reek of a statement from a Free loader....e.g if one has spent many years on research and trading the option to share is their option R
thanks ced87 it is more about hijacking this thread and confusing people. I have a distinct trading style and indicators are only a guide.
Some of the code is MINE and I don't mind sharing but my whole set of indicators with settings wow I am here to trade and help where I can.

I mean my charts look great in retrospect but the hard right edge takes skill and using semafore I lost 400$ on friday just gone so licking my wounds and refining my skill.
  • #214
  • May 12, 2020 8:16am May 12, 2020 8:16am
Trying out this indicators, up nearly 2% so far: https://www.myfxbook.com/members/God...e-100k/4021449
  • #215
  • May 13, 2020 7:03am May 13, 2020 7:03am
Have someone Renko maker for mt5 here?
  • #216
  • May 14, 2020 3:46am May 14, 2020 3:46am
Quoting xkubas
Have someone Renko maker for mt5 here?
Here's one from mql5's website
Attached File(s)
File Type: mq5 renko.mq5   7 KB | 377 downloads
  • #217
  • May 14, 2020 5:04am May 14, 2020 5:04am
hi guys what indicator do you opt to be used instead of the half trend mladen, i find a little bit slow, putting me into treads after a long move by the market
How can i loose when i started from the bottom!?
  • #218
  • May 14, 2020 8:32am May 14, 2020 8:32am
Quoting valdecchio
Hi everybody, today I would like to share with you a strategy that I took a few months to thin .. to the eye it is very simple, based on renko 10pips box charts ... I started in December in assembling a good strategy, putting together some indicators, being very careful not to overdo it in filling the chart, and to date I can say that I have found an excellent system capable of bringing home, from 200 to 500 pips per week, following 3 simple rules. I am also seriously thinking about using this new system as a second job. but there are some angles...
In post no. 1 says that you have simplified the rules. The new rules are described in the pictures. The translator cannot be used for images. Please describe the rules in the text of the posts so that we can use a translator.
Please excuse the bad English via Google Translate.
  • #219
  • May 14, 2020 11:49pm May 14, 2020 11:49pm
Positive results in the testing so far.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 41 KB
  • #220
  • May 15, 2020 12:02am May 15, 2020 12:02am
Quoting donpakundo19
Positive results in the testing so far. {image}
Hello,
Congratulations. Nice results.
Did you use 5 brick size or 10 ? To check so many pairs, did not slow down your PC ?
Thanks Sz
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