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C4 Scalping

  • #2,881
  • Jul 27, 2009 8:59am Jul 27, 2009 8:59am
Quoting DXTrade
Will check that out... sorry
But only tomorrow as it is late evening here, OK?
Otherwise my wife will get nuts...
Okay, I know how that is, take it easy.
  • #2,882
  • Jul 27, 2009 9:09am Jul 27, 2009 9:09am
Quoting gerry berard
Another trade changed to candles to better see what happened.
Did you know 3 ducks runs very close to TG's HG_0001a_MTF indicator from Trendmagic thread?
Would be great if TG had time to make her's into the same format as the 3 ducks,
would save a lot a screen space for those who want to trade in direction of it's higher &/or lower time frames, just a thought.
  • #2,883
  • Jul 27, 2009 9:10am Jul 27, 2009 9:10am
Quoting lrathi
from the image the setting of TRIX 2,EEEC seems better...
It is indeed better.

If using a 10 tic Renko, set the trix indi or trix candles accordingly at 2,1,1,1.

Also, your really do not need a trix indi here, the candles do the job.

I think the LWMA set at 8,3,6 is good confirmation also.

From a coding or alert (arrow) perspective, the only thing I would suggest is one for the LWMA turning color.

It seems we can use the trix candles as a primer and the LWMA as the detonator.

Very simply and clean.

Regards.
  • #2,884
  • Jul 27, 2009 9:11am Jul 27, 2009 9:11am
Quoting Edgetrader
Promoting a commercial service on FF is against policy. That is why you are not getting an answer. Start at the middle of the thread, look for Tudor Girl postings and you will find your answer.

Regards.

ok, I thought I had posted for download, anyway thank you very much sorry for my bad English

  • #2,885
  • Jul 27, 2009 9:14am Jul 27, 2009 9:14am
A nice trade using RENKO
Attached Image (click to enlarge)
Click to Enlarge Name: renko2.gif Size: 17 KB
  • #2,886
  • Jul 27, 2009 9:21am Jul 27, 2009 9:21am
Quoting marcelo1985

ok, I thought I had posted for download, anyway thank you very much sorry for my bad English

You did, however, this particular item is an outside purchase and not a download for MT4.

Regards.
  • #2,887
  • Jul 27, 2009 9:22am Jul 27, 2009 9:22am
Quoting gerry berard
A nice trade using RENKO
I didn't didn't think you'd switch over the Renko team so soon......
Old C4 team lost a great player.........
  • #2,888
  • Jul 27, 2009 9:26am Jul 27, 2009 9:26am
Quoting gerry berard
A nice trade using RENKO
Adjust your trix indi and candles to a setting of 2,1,1,1 and the signals are a bit quicker and clean.

Make sure LWMA is set at 8,3,6.

See if that looks better to you.

Regards.
  • #2,889
  • Jul 27, 2009 9:28am Jul 27, 2009 9:28am
45 FXGUY. Have not switched yet just keeping an open mind and trying this RENKO stuff.
  • #2,890
  • Jul 27, 2009 9:29am Jul 27, 2009 9:29am
Hey EDGE you just said that TRIX is not needed. You know I like a nice clean chart so should I junk it??
  • #2,891
  • Jul 27, 2009 9:36am Jul 27, 2009 9:36am
0,0004 size
Attached Image
/ ... clarifying decisions ... /
  • #2,892
  • Jul 27, 2009 9:37am Jul 27, 2009 9:37am
Yes. Definitely a setting of 2,1,1,1 is better if you're using a 10 brick Renko and an 8,3,6 LWA. Had a setting of 6,1,1,1 and 2,1,1,1 side by side on 4 pairs, and the 2,1,1,1 is more accurate. When the new renko brick is just above the LWA, it's almost always good for at least 10 pips.
  • #2,893
  • Jul 27, 2009 9:42am Jul 27, 2009 9:42am
Another nice quick trade.
Attached Image (click to enlarge)
Click to Enlarge Name: renko 10.gif Size: 13 KB
  • #2,894
  • Jul 27, 2009 9:43am Jul 27, 2009 9:43am
Quoting gerry berard
45 FXGUY. Have not switched yet just keeping an open mind and trying this RENKO stuff.
Ok, just playing around, I'll get back to work now Edge.
Don't think anyone is really keeping score yet anyway.


Here's 7 more points for team C4.
Attached Image (click to enlarge)
Click to Enlarge Name: old c4 style prime time trade 1.gif Size: 58 KB
  • #2,895
  • Jul 27, 2009 9:45am Jul 27, 2009 9:45am
Quoting gerry berard
Hey EDGE you just said that TRIX is not needed. You know I like a nice clean chart so should I junk it??
Trix candles and trix indi are both set the same.

I think the indi is redundant but you had them on your chart so was just giving you a setting adjustment.

It is up to you but here is what I am working off of for MT4.

Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: 5m.jpg Size: 152 KB
  • #2,896
  • Jul 27, 2009 9:46am Jul 27, 2009 9:46am
How do I slow the action down? Buy increasing the size of my brick?
  • #2,897
  • Jul 27, 2009 9:47am Jul 27, 2009 9:47am
Is there an indicator available that sounds an alert when a renko brick is crossing ( alert on brick close) the 8 lwma? Would be great, i missed some good signals today :/
  • #2,898
  • Jul 27, 2009 9:47am Jul 27, 2009 9:47am
Quoting walb99
0,0004 size
what is your brick size you are using?
  • #2,899
  • Jul 27, 2009 9:47am Jul 27, 2009 9:47am
Nice and clean EDGE.
  • #2,900
  • Jul 27, 2009 9:48am Jul 27, 2009 9:48am
Using brick size 5
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