O.K mate I looked at your history so you do it your way and I will do it my way.....The Target is to win and many people take different paths.
Good Luck to you.
R
Good Luck to you.
R
Aussie Battler
1
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DislikedO.K mate I looked at your history so you do it your way and I will do it my way.....The Target is to win and many people take different paths. Good Luck to you. RIgnored
Disliked{quote} The question is legitimate though, what edge do wickless renko bars have over those with wicks ? Very simple question. Anyway, good luck to you too.Ignored
Disliked{quote} Wicks are not a Renko standard. This is why most commercial Renko generators don't use them. The advantage of not using wicks is that it makes charts cleaner. Some traders say that the advantage of using wicks is that you see the total price action before the Renko brick closes. For example a 10 pips Renko brick might have had 9 1/2 pips above and below the body of the brick before it closed (29 pips). Does it matter? For me it doesn't because I trade the 10 pips Renko brick not the 29 pips price action candle. Ced74 is right stating: "The...Ignored
Disliked{quote} For me it does matter, not everyone exit trades on reversals, some do exit way before and for this we need the wicks both for trading and for visual help. Except for looking clean and nice wickless candles just hide important information.Ignored
Disliked{quote} The half trend TT does repaint but only on the current candle not after it has closed. Also I don't use the MA crossover. Unless you have a VPS it is best to refresh he Renko chart by changing the candle size then go back to the size you want to trade with. Here is the result for EURJPY. {image}Ignored
DislikedDear Mr @Hutch senpai <3 Thank you for your replying, it's seem that different renko generator result in different charts ( or may be @Ced74 advice is right but i have not checked other brokers ^^ ), i am totally new but love to analyze renko chart. On the left is chart with STG renkochart and the right with renkolivechart 3.3x2. {image}Ignored
Disliked{quote} Hello @hutch Just wondering how you use the MACD while trading this system and also at what point do you exit?Ignored
Disliked{quote} The key to this strategy is to follow the half trend arrows and check if the Fx Bay MACD line is above or below zero. You can go long when you get a half trend arrow and the Fx Bay MACD line is above zero. The opposite is true for short trades. Entering into a trade is very easy but getting out of it is not. You can get out of the trade: 1. On the first opposite half trend arrow. This is the most conservative option; 2. Wait until the Fx Bay MACD crosses the zero line; 3. After a number of Renko bricks (I normally use 3), or a little more...Ignored
Disliked{quote} The key to this strategy is to follow the half trend arrows and check if the Fx Bay MACD line is above or below zero. You can go long when you get a half trend arrow and the Fx Bay MACD line is above zero. The opposite is true for short trades. Entering into a trade is very easy but getting out of it is not. You can get out of the trade: 1. On the first opposite half trend arrow. This is the most conservative option; 2. Wait until the Fx Bay MACD crosses the zero line; 3. After a number of Renko bricks (I normally use 3), or a little more...Ignored
Dislikedone of the best trading decisions of the year was to hire a developer. Guy wrote EA according to my trading style. Now trading is like a video game. great.that you told us too. great.that you told us too.Ignored
Disliked{quote} Hello jarfx05...thanks for the message....Any chance to have indi and template?Thanks in advanceIgnored
Disliked{quote} Thank you for your pack! May I also ask for your template?Ignored
Disliked{quote} not bad template jarfx05. Thanks .... What is your RULE for Enter and Exit?Ignored