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Renko channel - very accurate (assembled by me)

  • #301
  • Jun 3, 2020 1:12pm Jun 3, 2020 1:12pm
Quoting MrMoneyMaker
{quote} You don't know why and how the price moves, do you? Price moves because of imbalance between supply and demand. A trading strategy's entire purpose is to identify buy/sell opportunities that arise from the imbalance between supply and demand. Now imagine multiple people using his strategies to buy and sell around similar times as OP does. The supply and demand balance will change, price will adjust to this change and start moving in a different pattern and OP's strategy will progressively lose its effectiveness as more and more people copy...

lol

shhhhhhhhhhhhhhh


lol
  • #302
  • Jun 3, 2020 1:26pm Jun 3, 2020 1:26pm
Quoting Tokken
hi, this could be also a useful indicator. It is nonrepaint and the arrow appear when the price touch the cloud. Unfortunately, the price can go further but combined with other indicator could be a good sign to enter. {image}
Hej czesc,

What is the name of this indicator? Can You post it here?

br
mojepole
  • #303
  • Jun 3, 2020 1:33pm Jun 3, 2020 1:33pm
Quoting dagoods
{quote} lol shhhhhhhhhhhhhhh lol

I actually feel sorry for OP. He's a good person with a good intention and want to help other people live a better life with his strategy, but he does not realize he's actually destroying his strategy by sharing it with others here.

OP, if you wanna help out other people in this world, keep your strategy a secret and donate money to local charity, rather than telling your trading strategy with random people online.
  • #304
  • Jun 3, 2020 2:25pm Jun 3, 2020 2:25pm
Quoting MrMoneyMaker
keep your strategy a secret
I think you do not understand the intention of this forum. It IS for sharing and discussing strategies, indicators, EAs...
Do you think, that this small community here has more influence than a pubic hair in the ocean? The are zillions of $$$ going around in the forex world every day, even central banks cannot really influence the rates. And you think that our $2.50 here would have any impact?
  • #305
  • Jun 3, 2020 2:32pm Jun 3, 2020 2:32pm
Quoting ursinho4711
{quote} I think you do not understand the intention of this forum. It IS for sharing and discussing strategies, indicators, EAs... Do you think, that this small community here has more influence than a pubic hair in the ocean? The are zillions of $$$ going around in the forex world every day, even central banks cannot really influence the rates. And you think that our $2.50 here would have any impact?
In large time/size frames, it's nothing to worry about especially in highly liquid markets such as forex.

But in smaller timeframes / size frames, yes, it can have an impact and degrade the strategy's edge if enough number of people copy your trades.
  • #306
  • Jun 3, 2020 3:04pm Jun 3, 2020 3:04pm
Quoting MrMoneyMaker
{quote} I actually feel sorry for OP. He's a good person with a good intention and want to help other people live a better life with his strategy, but he does not realize he's actually destroying his strategy by sharing it with others here. OP, if you wanna help out other people in this world, keep your strategy a secret and donate money to local charity, rather than telling your trading strategy with random people online.

Come back in ten years and if the market has crashed feel free to gloat. If not, re-read your own posts and admit how foolish your posts were. See ya in 2030! lol
  • #307
  • Jun 3, 2020 5:09pm Jun 3, 2020 5:09pm
Quoting MrMoneyMaker
{quote} I actually feel sorry for OP. He's a good person with a good intention and want to help other people live a better life with his strategy, but he does not realize he's actually destroying his strategy by sharing it with others here. OP, if you wanna help out other people in this world, keep your strategy a secret and donate money to local charity, rather than telling your trading strategy with random people online.
That argument evolved way back chief, if you were really concerned, for lack of a better word, you would be discussing High frequency trading robots and algorithms and their effect on trading conditions and retail traders lol
Anyway thats besides the point, why does it bother you so much that someone decided to start a thread and get input in fine tuning a strategy? Heres an idea, since you joined to comment why dont you take it a step further and start your own thread and stop trolling. Pretty sure you will get many subscribers lol
  • #308
  • Jun 3, 2020 6:10pm Jun 3, 2020 6:10pm
Quoting 4tune
{quote} That argument evolved way back chief, if you were really concerned, for lack of a better word, you would be discussing High frequency trading robots and algorithms and their effect on trading conditions and retail traders lol Anyway thats besides the point, why does it bother you so much that someone decided to start a thread and get input in fine tuning a strategy? Heres an idea, since you joined to comment why dont you take it a step further and start your own thread and stop trolling. Pretty sure you will get many subscribers lol

I just wish OP will be able to use his strategy for long. That's it.
  • #309
  • Jun 4, 2020 1:14am Jun 4, 2020 1:14am
Quoting valdecchio
Guyss !!!!!! my spasmodic search, led me to find a combination of indicators, which is not only profitable with roars of pips, but AVOID (and this was one of my main objectives) to enter the wrong trades, that is, when...
Looking forward to hear from you with awesome news!!!!!!
Will yuo be able to introduce us today the new indicator? Please, please, please!
  • #310
  • Jun 4, 2020 5:35am Jun 4, 2020 5:35am
The only problem I have is the arrows appear late after the Semefor indicator has reached it's final setting, causing us to enter 10 to 15 pips late. Testing today for first time.
  • #311
  • Jun 4, 2020 6:04am Jun 4, 2020 6:04am
Hi rcbarlow,

I always enter when the semafor appears and it´s close to the upper or lower band.
Do you only look at the arrows? Do they repaint?

Regards
  • #312
  • Jun 4, 2020 6:43am Jun 4, 2020 6:43am
Just started this morning so I don't know yet. I don't think so, just late.
  • #313
  • Jun 4, 2020 1:37pm Jun 4, 2020 1:37pm
Thank you Valdecchio for the system, I just taking some observations, but waiting for your update anyway, charts on the left with marked pink lines are my targets levels -herd mentality that I marked on H1 and H4, I did not stay with my pc all day and I just starting with you're system so did not follow macd .... Anyway, maybe if one includes targets before trading, it can improve the system, I will continue observation with this approach...
Attached Image (click to enlarge)
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Make your own rules and stick to it.
  • #314
  • Jun 4, 2020 3:09pm Jun 4, 2020 3:09pm
I think repainting will kill this system without a qualifier.
  • #315
  • Jun 5, 2020 1:19pm Jun 5, 2020 1:19pm
Quoting MrMoneyMaker
{quote} You don't know why and how the price moves, do you? Price moves because of imbalance between supply and demand. A trading strategy's entire purpose is to identify buy/sell opportunities that arise from the imbalance between supply and demand. Now imagine multiple people using his strategies to buy and sell around similar times as OP does. The supply and demand balance will change, price will adjust to this change and start moving in a different pattern and OP's strategy will progressively lose its effectiveness as more and more people copy...

But you do realise that by making his strategy public, OP has engaged a wider audience who are now testing his strategy, giving their feedback, sharing their own indicators, suggesting changes and contributing in improvement of the system. As someone rightly pointed out here, our financial contribution to international foreign exchange market would be a pubic hair in an ocean.

By your logic, even breathing oxygen is a zero-sum game but I wouldn't imagine you going around killing the competition. Because if it is available in abundance, it really isn't a problem.
  • #316
  • Jun 5, 2020 3:40pm Jun 5, 2020 3:40pm
Quoting MrMoneyMaker
{quote} I just wish OP will be able to use his strategy for long. That's it.
Dear ...
I understand your concern, but you can't, and you don't have to worry about anything.
one of the first things I learned about FOREX, and which people who live in forex taught me, is that the market movements generate them the "sharks" of the big world stock exchanges, wall street etc .. and we are talking about thousands of traders who invest trillions of dollars.
here we are talking about a stupid, and elementary system for children, to make us ordinary mortals, who do not dress in jackets and ties in front of the monitor, a modest monthly salary, this system should have a yield (in money, not in pips) about $ 80-100 a day, 500 a week, 2,000 a month (ABOUT). it is not over .. to reset the trends of all markets ... at least 5 billion people are needed, with small investments for a profit of $ 2000 per month.
I share it, and I don't sell, I don't keep something secret that many could make a change, there are countries that even with $ 300 can live for 3 months.
now I will discover the cards on the table ... I am a soldier of the Italian army, I am seeing how much human misery there is for the world, how petty the human being is, murderer, thief, and much more, I think the only one animal in this land that must become extinct, be the human being. I don't want to stoop to being selfish, and think only of myself, I see so much misery in the world that I find unfair ...
that said ... don't worry!
I certainly won't be me and a dozen users here on forexfactory to destabilize the markets.
but now, let's not go back to this discussion and think about improving this system.
  • #317
  • Jun 5, 2020 3:56pm Jun 5, 2020 3:56pm

Guys,
unfortunately the news, which I had posted, did not turn out to be a turning point ...
but as I have always said .. I do not lay down my arms .. and I go on still looking ... looking ... and looking without stopping, indicators (possibly not repaint), trying combinations of indicators and settings ...
Guys, however, give me a hand too ... unfortunately I don't have much time for forex and I can't always follow this system .. insert your ideas .. your logics, indicators, settings etc.
don't let me do it all!
for example this week I managed to trade only 2 days ... using the old version ..
I had to eliminate the bands from the charts, because I got tired of always finding the crashed VPS ..
for now I'm going to test in this way, I repeat .. propose indicators and ideas to bring this system to the crucial and definitive point.

Attached Image (click to enlarge)
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  • #318
  • Jun 5, 2020 5:38pm Jun 5, 2020 5:38pm
[quote = valdecchio; 12987074] Ragazzi, sfortunatamente la notizia, che avevo pubblicato, non si è rivelata una svolta ... ma come ho sempre detto .. non poso le braccia .. e vado guardare ancora ... guardare ... e guardare senza fermarsi, indicatori (forse non ridipingere), provare combinazioni di indicatori e impostazioni ... I ragazzi, tuttavia, mi danno anche una mano ... purtroppo non ho molto tempo per il forex e non riesco sempre a seguire questo sistema .. inserisci le tue idee .. le tue logiche, gli indicatori, le impostazioni ecc. non farmi fare tutto!per esempio questa settimana sono riuscito a scambiare solo 2 giorni ... usando la vecchia versione .. Ho dovuto eliminare le bande dalle classifiche, perché mi sono stancato di trovare sempre il VPS in crash .. per ora ho intenzione di testare in questo modo, ripeto .. propongo indicatori e idee per portare questo sistema al punto cruciale e definitivo. {Image} [/ quote]
So Valdecchio, don't you use the MACD indicator anymore? as it's included in the fyle .rar of the first post of the tread?
do you prefer the SPEARMAN indicator instead? and why your option?
i try to use your sistem in a pc with 16 pairs , but when the market moves fast my pc is terrible slow... any ideas to make my pc better? what indicator have i to remove? the SUPPORT AND RESISTANCE? thanks
  • #319
  • Jun 5, 2020 5:44pm Jun 5, 2020 5:44pm
Quoting valdecchio
Guys, unfortunately the news, which I had posted, did not turn out to be a turning point ... but as I have always said .. I do not lay down my arms .. and I go on still looking ... looking ... and looking without stopping, indicators (possibly not repaint), trying combinations of indicators and settings ... Guys, however, give me a hand too ... unfortunately I don't have much time for forex and I can't always follow this system .. insert your ideas .. your logics, indicators,...
Maybe the indicator provided here

https://www.forexfactory.com/showthr...2#post11925352
MTN
  • #320
  • Edited 7:43am Jun 8, 2020 7:16am | Edited 7:43am
I have 3 graphics open, but everything is slow, which indicator makes the pc slow down so much?

edit: it was the gold chart

However the GBP / USD cross is excellent.
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