DislikedI bought the renko indicator and am still experimenting with it. I know both Edge & Anne use Renko.
(...)
Hope that helps.Ignored
Do you have the URL of the place?
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DislikedHi All
Afternoon (NY session) results. Around +130 to +140 pips at a guess.
I have attached my charts for those with a fascination to see my magic at work (LOL!!). I have tried to zoom in so you can see the action. I have marked the trade point with an arrow and the SL/TP in red/blue resp. Hope this helps!
All trades on GBPUSD 5-pip Renko except the EURUSD trades, which are on the H1 normal candles.
Note that I usually (but not always) trade two trades at a time. Same SL on both but sometimes different TP.
And for those who doubt...Ignored
DislikedI have just checked my charts. On the H1 I actually have Trix set to 4 as it is such slow action. It is 3 on the Renko. Sorry for any confusion.
AnneIgnored
DislikedAnybody here who uses live account for the training?
I think, trading at demo is absolutely different and not educating enough - no real fear, no emotions, just routine stuff.
I installed today a newer version of MT4 - 225. And I did not notice that by default it was set so that when I triggered the detonator, I put not 0.1 lots but 1 full lot. After that price went to other direction and the numbers that I saw before my eyes were quite weird You can imagine my feelings when I finally closed the position at +2 pips
And one more thing: SwingMan...Ignored
DislikedThanks for sharing your RENKO chart on M5 GU.
For those following POST#1 strictly speaking using normal candles(optional HA candles) and smtrix....
1.Could you share your EU H1 chart with a trade.
2. The little red and blue arrows indicating a trade, where on the MT4 platform do you create these? I have only seen these when there is some automation...... assuming you are using Mt4 as the platform....(ODL you mention)
3. How is your PT and Sl calculated at this stage of your trading?You dont seem to let the trade run to those levels.......Ignored
Disliked1. It is in my post 517.
2. I copied them as little images off other charts. They are much clearer than other arrow symbols.
3. From the ATR as I have explained in previous posts.
4. The Ask line I think!
5. The Trix is the filter. I just follow it.
AnneIgnored
DislikedStill not clear....
Can you post a H1 EU chart with normal candles with your trix version and and entry signal of a trade. Your previous post in RENKO candles which you mention you use for M5 TF only. H1 is normal candles.
Arrows copied from what chart? Still a mystery... Care to explain....
Still think there is some automation being used and not being up front with members on this forum????
Care to repeat your SL and TP calculations and what in practice are you using as Tp from your statement as it is certainly...Ignored
Dislikedhi altoronto,
well, i'm happy 4 your trading results. i'm not trying 2 pick your words but the " wow how smart i am" sentence. just makes me cringe!!! i think mr market has not taught u a lesson yet. good luckIgnored
DislikedStill not clear....
Can you post a H1 EU chart with normal candles with your trix version and and entry signal of a trade. Your previous post in RENKO candles which you mention you use for M5 TF only. H1 is normal candles.(not zoomed)
Arrows copied from what chart? Still a mystery... Care to explain....
Still think there is some automation being used and not being up front with members on this forum????
Ignored
DislikedStill not clear....
Can you post a H1 EU chart with normal candles with your trix version and and entry signal of a trade. Your previous post in RENKO candles which you mention you use for M5 TF only. H1 is normal candles.(not zoomed)
Arrows copied from what chart? Still a mystery... Care to explain....
Still think there is some automation being used and not being up front with members on this forum????
Care to repeat your SL and TP calculations and what in practice are you using as Tp from your statement as it...Ignored
DislikedPlease read more carefully. She uses the (her) TRIX only, BUT in slightly another way u are using it.Ignored
DislikedI personally do not feel quite experienced enough yet to trade every pair on 5min...... (except for gbp/usd due to nice moves and low spread on fxpro)
Is anyone using this strategy successfully on the 15min charts or higher ?Ignored