Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

RENKO Trading SYSTEM - RENKO Indicators 7 replies

Daytrading/scalping with high leverage - my proven strategy 8,733 replies

A Proven Simple Strategy (2MAs, 1 RSI) 436 replies

Looking for proven scalping strategy to program 1 reply

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

Attachments: Renko trading using proven strategy
Exit Attachments

Renko trading using proven strategy

Quoting Hutch
{quote} I have never seen arrow disappearing after 3 bricks but it's possible with 2. Trading only with arrows is totally useless this is why the trade is triggered on the brick following the brick with the arrow and only if it's the same color as the brick with the arrow and the FxBay MACD points in the same direction as the arrow.
We play the same game and everyone has their own toys. I have allergies to indicators that come and go.

regard
if you're doing we all have results with all
sometimes profit, sometimes loss. sometimes BE

Attached Image (click to enlarge)
Click to Enlarge Name: Au.gif Size: 209 KB
if you're doing we all have results with all
Inserted Video
if you're doing we all have results with all
Quoting jarfx05
sometimes profit, sometimes loss. sometimes BE {image}
hi, can you say something more about your trading?
From what I see, it's not the MACD, but a kind of blue / red line in the main chart with shopping in the grid gap.
Quoting xjonasx
{quote} hi, can you say something more about your trading? From what I see, it's not the MACD, but a kind of blue / red line in the main chart with shopping in the grid gap.

the red / blue is SMMA 144. The most important for me is the chart divided into the 12.5 pips zone. The most important ones are 100 and 50, then 75 and 25. regards
if you're doing we all have results with all
In my opinion, price levels make trading easier.

Attached Image (click to enlarge)
Click to Enlarge Name: SR.jpg Size: 151 KB
if you're doing we all have results with all
Quoting jarfx05
In my opinion, price levels make trading easier. {image}

Hi Jarfx what is your method? Wait the breakout of S/R in the price level area?
do you use other indicator like halftrend?
thank you
Quoting Davdei
{quote} Hi Jarfx what is your method? Wait the breakout of S/R in the price level area? do you use other indicator like halftrend? thank you
You look at the price level and choose the indicators you like. Full freedom of choice.
Choose those that do not repaint.


Attached Image (click to enlarge)
Click to Enlarge Name: free.jpg Size: 131 KB
if you're doing we all have results with all
  • Post #609
  • Quote
  • Edited Sep 18, 2021 7:08am Sep 17, 2021 1:27pm | Edited Sep 18, 2021 7:08am
For people looking for a simple and effective system, I recommend Andrews' Pitchfork.
It works on candles, renko and every financial instrument.

Simple doesn't mean easy. There is no easy money.

Attached Image (click to enlarge)
Click to Enlarge Name: auf.jpg Size: 224 KB
if you're doing we all have results with all
Hello Hutch,

I am reading through the thread and thought I'd understood your system but have a (dumb) question.

In Post 456 you had this image.
Attached Image (click to enlarge)
Click to Enlarge Name: US30USDM20.png Size: 40 KB


The rule is only enter when Macd and trend must be same but is that at the time you get the signal or wait until when they line up because in this image there would have been lots of losses if you waited for them to agree or no trades.

I'm not looking at it right ?

thank you
PG :-)

EDIT : Its ok, got to post 520 which explained it perfectly :-)
1st Trade 24th Sept 2021, DE40 M2 10 pip brick size (on demo atm)
1 arrow
2 macd lined up below 0
3 entry

My trade manager BE at 750 and closes half at 1st brick.

is entry ok ?

Attached Image
Best Renko video on YouTube

Inserted Video
Let it turn and find your entry.
who has eyes and a brain will understand how PA works

Attached Image (click to enlarge)
Click to Enlarge Name: rp.jpg Size: 221 KB
if you're doing we all have results with all
мы не берем пленных
привет Санкт-Петербург

Inserted Video
if you're doing we all have results with all
Quoting jarfx05
who has eyes and a brain will understand how PA works {image}

Way to go man you are killing it.

I see that you could still milk some of the successive lower highs, just that we can't see your basis of entry with your screenshot but with the 10pips Renko one would have entered later than you at that vertical line and exited at the first horizontal line if one was a swing trader.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.png Size: 137 KB
Let it turn and find your entry.
Quoting jarfx05
wer Augen und ein Gehirn hat, wird verstehen, wie PA funktioniert {image}
kannst du mich bitte mal per PN kontaktieren...ich danke dir im voraus
Quoting GoldenFibo
{quote} kannst du mich bitte mal per PN kontaktieren...ich danke dir im voraus
Hallo,

was möchtest du wissen? Ich werde dir hier und jetzt alles schreiben.

MfG
Huzar

Inserted Video
if you're doing we all have results with all
Hi Renko lovers!

I build my custom system with renko + heiken ashi

With 5 strategies.
#arrow entry
#123 entry
#zone entry
Attached Image (click to enlarge)
Click to Enlarge Name: IMG-20210208-WA0029.jpg Size: 86 KB
Quoting Hutch
{quote} {quote} Reversals are easy to see using the attached half trend indicator (without the channel). Renko is best for sure. This chart shows $1 Renko bricks {image} {file}
I've been looking for the filter I needed to grab the profits. I was already at Renko and I've been throwing everything I could at the blocks in hopes of cleaning up my results. After the past 2 days looking at this and the charts, I think your Half Trend is exactly what I've needed. Thanks, man! I tried to thumbs up you but the account level bot wouldn't let me but I genuinely appreciate the idea!
Quoting jarfx05
sometimes profit, sometimes loss. sometimes BE {image}
I thought about replicating your chart and here's the result, looks like it's more effective on higher brick values but those require wider stops.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: RLITS 22 16.png Size: 47 KB
Click to Enlarge Name: RLITS 22 17.png Size: 51 KB
Let it turn and find your entry.
0 traders viewing now