Williams%R, SAR X-over 15 minute candles

Similar to what I use, except for PSAR. But nothing wrong with using it if you are comfortable doing so.

Yeah, Uncle Sam doesn't allow its taxpayers to trade CFD's.

Weird morning, PA Slow and sideways got 3 good wins and a small loss. Then boom a home run. Guess it was because of consumer sentiment drop at 7am, that just seemed to percolate a bit before starting to move. For a straight move down moved at a pretty sedate pace.

Done for the day unless something interesting happens in next hour.

Took one more trade for a little win. Done for the day. Now time to fix the water pump, switch is not working right.

Missed a good move back down while I was posting.

Difficult day on EURUSD, a lot of noise. Still managed to extract 90 pips. Thanks for sharing this method.

Can you show the results of trades on a chart?

Yes will do in future. Just happened to see this trade as shutting down for the day. Another 14 pips. Have to trade slightly different on jp chart due to the noise. A lot of smaller pip trades, unless a run occurs. Trade on M5 mostly and M1.

Last 4 trades of the month as it relates to the MA Channel. 2 TP trades, 2 SL trades. Overall today is +3% for a profit. Dow Futures 5 Min TF.

Various MM techniques were used: Larger TF trend, SL, various Trailings, BE, TP, Session times, etc..+ Discipline to conquer Fear and Greed.

April was a good month as it brought volatility to indexes. Volatility is the name of this game.

I am taking a break from posting in this thread in May. GL to All!

Another weird day PA unreliable, started a little late today. A little before 7. I've been looking at cumulative delta a bit poking around doing some reading etc.
Today I noticed that cumulative delta was moving steadily down while price was rising, which was new to me. The reading i've down done(not much so far) called this a trap for retail traders and to look for a move down. Sure enough after an hour of price and delta moving in opposite directions got a reversal for 29 ticks.
Not price is again rising but cum. delta drifting down. Just went Short again and set set stop at -5. Thank you RickM for mentioning this indicator.

Moved stop to B/E.

Well thank you again RickM cumulative delta proving to be very useful. Closed second trade for 27 ticks. Changed a nothing day to a decent one.

Last trade for me.

Hey mate is it possible to get a breakdown of the indicators you use? I’m trying to locate them in the thread but can’t seem to find the details of them or any files for MT4. Thanks in advance!! Cheers

See https://www.forexfactory.com/thread/...1#post14832161 for a mt4 version, if you like.

Hi Guys

Thought I would talk more about my Renko trading strategy by showing a trade I took tonight. Of course I am a newbie when it comes to Renko bars, but more of a volume fanatic to be honest.
So lets see how I would trade these manic Renko 4 bars on US500 Futures minutes before cash open.
I see the Cumulative Delta indicator is trending so that means the HFT Algo's are hunting Ask/Bid imbalance on the DOM. Here the numbers are 658 Buyers and 856 Sellers so they will be HUNTING those Sellers and price is going Bullish. I took the trade just before the resistance level (perhaps should have waited till it moved pass) and it hit the next level within 12 seconds where I exited for $685 profit.
Notice the pink Delta bar which told be some sellers were trying to absorb the buying but it was weak.

So it was a nice easy trade - but where did I fail in my trading duties.

I entered just before resistance - give myself a upper cut
I DID NOT ADD on way up - give myself 3 upper cuts
I exited at resistance - safe exit however a bit timid on my behalf.

How I see Renko bars after a week. Bloody good but you have to HOLD on and go for the big wins or this market will cut you up.
I see the Cumulative Delta / Renko combo a great stragegy

Cheers

PS. see that target on the DOM of 159 - that's what entices HFT's to go long as well.
This game is 100% trade against current liquidity imbalance always

PS. This was a sheetshot from a Sim account as I was taking it for this post, I trade a few accounts (3 live) at once with trade size normally 2 lots per live account.
When I want to play bigger, I trade with 4 lots which is enough for me.

Really nice PA today, just a little bit faster than I like, which affects entries mostly today, exits not as much. Liking the cumulative delta so far. So far 5 trades
only 4 on this charts fifth was opened but not closed yet(it is now) and 6th trade is open now(day is moving fast).

Ok here are trades 5 & 6. 6 trades in 1 hour I'm feeling a little too amped. Done for day probably but I'll keep looking as I try to learn about cum. delta. Altogether a fantastic day. Weather is very calm here today wind wise, so I think I'll go paddle boarding.

Last trade I am done for the day, continuation of an excellent week. Dog and cat are pestering me to eat, so I think I'll feed my self too.