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C4 Scalping

  • #3,061
  • Jul 27, 2009 11:12pm Jul 27, 2009 11:12pm
Thanks for a great journey....I have read many threads on FF but you really have contributed tons to so many people with this thread. You have given us two trading systems/styles and personally I will stay with the original C4 version..I may dabble with Renko a little but still like the original version.....Thanks again...I hope you will visit the thread from time to time to keep us all inline.....Good luck with the seminars
  • #3,062
  • Jul 27, 2009 11:32pm Jul 27, 2009 11:32pm
The line already was red and he went long a couple of bricks before. So that can't be the rule.

I think i hit the million dollar question

Well, thank you Edge for all the education and your steady efforts to make better traders out of us. The learning curve was steep and still is.
Will try to figure out how you decide to enter the good and leave bad trades alone.

Again, thanks for all.

tex




Quoting GrZack
Hi,

this could be because:

1) the renko brick is above the line
2) the line is RED --> time to go short

but this is my opinion.

Regards

GrZack
  • #3,063
  • Jul 28, 2009 12:10am Jul 28, 2009 12:10am
Can somebody please confirm to me the name of the indi referred to as 'LWMA'. I have followed this post since it began but I guess I am confused by the plethera of indis and their names. I use the MA in Color_wAppliedPrice set to 8,3,6 (or 12,3,6). Is this the indi referred to as LWMA? Searching for LWMA gets dozens of references but still definition!
Thanks
  • #3,064
  • Jul 28, 2009 12:27am Jul 28, 2009 12:27am
Quoting Mindsphere
...I have noticed an occasional glitch with the indicator, however. Occasionally a signal will appear on a renko candle - then disappear and reappear on the current candle. A form of repaint I guess? Any idea what's happening?
No, I haven't.
The indicator is only two days old, and I have only two-three hours in the evening to check the signals, and they do not come very often. Maybe is a bug, I don't know.


  • #3,065
  • Jul 28, 2009 12:28am Jul 28, 2009 12:28am
Quoting scartree
Can somebody please confirm to me the name of the indi referred to as 'LWMA'. I have followed this post since it began but I guess I am confused by the plethera of indis and their names. I use the MA in Color_wAppliedPrice set to 8,3,6 (or 12,3,6). Is this the indi referred to as LWMA? Searching for LWMA gets dozens of references but still definition!
Thanks
Scartree,

MA in Color_wAppliedPrice is your right choice

Regards,

GrZack
  • #3,066
  • Jul 28, 2009 12:30am Jul 28, 2009 12:30am
Quoting oztrader
Could some kind individual help those of us that are slightly retarded to get this Renko chart working properly.

When I load my 2 minute chart I have 6 bars of data. I read the earlier post with interest on this subject but I am afraid I dont know how to turn off the auto scroll. Also the loaded chart is not keeping up with the price action. Any help would be greatly appreciated,I have read all the previous posts many times and it is so frustrating to be nearly there !!

Thanks
here is what I did,

Hi I have the same (source code) Renko you all got and I changed the Period_M1 to Period_4H (in the code) now I have all the box (of pip range you want) until 1999.

I can say that if it work in 10 pip/box, it's the same beauty with 20pip/box to
100pip/box. (if you want to scalp bigger TF).

10pip/box = 5M TF (approx.)
20pip/box = 15M TF (approx.)
100pip/box = the Daily time frame

And no I can't (not that I don't want to!) share to source file. sorry

But I'm sure you can find it somewhere in the internet.

And BIG Thanks and appreciation to Edge, Swingman and other for your contribution to this thread.

Regards,
  • #3,067
  • Jul 28, 2009 12:33am Jul 28, 2009 12:33am
Hey Edge,i jus wanna say thanks again,with you around this trading world is a better place.Wish you all the best..God bless.,,
  • #3,068
  • Jul 28, 2009 12:34am Jul 28, 2009 12:34am
some one can teach me how to put the renko chart at MT4????
  • #3,069
  • Jul 28, 2009 12:40am Jul 28, 2009 12:40am
Quoting yuchor
some one can teach me how to put the renko chart at MT4????
How to use it:
- put the script in MT4/experts/scripts directory;
- restart MT4;
- you should be able to find bar script in the Navigator scripts tree;
- make sure that you have allowed for DLL imports: Tools->Options->Expert Advisors
'Allow DLL imports' should be ticked and 'Confirm DLL function calls' unticked;
- drop it on a chart with a Symbol you wish to create constant range bar chart;
- File->Open Offline->Symbol,M2 contains desired chart.
(If M2 time frame conflicts with other chart, simply change TimeFrame input)
  • #3,070
  • Jul 28, 2009 12:46am Jul 28, 2009 12:46am
FYI:

Here is a detailed instruction on installing the Renko script as an EA...
Attached File(s)
File Type: doc Installing Renko script as an EA.doc   23 KB | 747 downloads
File Type: pdf Installing Renko script as an EA.pdf   62 KB | 1,316 downloads
  • #3,071
  • Jul 28, 2009 1:02am Jul 28, 2009 1:02am
thank your u all......
  • #3,072
  • Jul 28, 2009 2:14am Jul 28, 2009 2:14am
hopefully someone got in on this at london open tonight,,,it shot up like a rocket,,my trigger wasn't fast enough to get in on time
Attached Image (click to enlarge)
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  • #3,073
  • Jul 28, 2009 2:17am Jul 28, 2009 2:17am
Quoting DXTrade
Another +6 and +2 on cable...
http://static.forexfactory.com/forex...1&d=1248752628 (http://www.forexfactory.com/attachment.php?attachmentid=279613&d=1248752628)

I observe your overlay on sm TRIX candles on RENKO chart.

When both are not in synch... stay out.

If I may ask... I have not started on RENKO charts as yet... will get there....

Can you set sm renko trix candles and TRIX indicator on 2EEEC as EDGE's latest recommended settings. Brick size =10.

Thanks for this.

Yet to try your new alert on LWMA. Thanks for this too!

PS. I see on top left corner C4 2EEEC 8. Please explain what this refer too. The trix indicator at the bottom of the chart is set to 3EEEC.
  • #3,074
  • Jul 28, 2009 2:19am Jul 28, 2009 2:19am
Quoting darkness
hopefully someone got in on this at london open tonight,,,it shot up like a rocket,,my trigger wasn't fast enough to get in on time
http://static.forexfactory.com/forex...1&d=1248765228 (http://www.forexfactory.com/attachment.php?attachmentid=279699&d=1248765228)

My C4 journey is has not hit nitro stage too.

What is the setting you are using for the LONG TERM WMA?
  • #3,075
  • Jul 28, 2009 2:22am Jul 28, 2009 2:22am
Thanks for this simple yet powerful system....

no doubt you will drop in from time to time to see the progress made by many traders


lrathi
  • #3,076
  • Jul 28, 2009 2:35am Jul 28, 2009 2:35am
I'm loving the nitro charts, but sorry edge i'm testing the waters with the standard 4 and after I progress will load up the 4 you recommend for nitro...ohh and a screen shot from 1 of my 22in monitors, other monitor has gbp/usd and eur/usd
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_04 Jul. 28 00.35.jpg Size: 138 KB
  • #3,077
  • Jul 28, 2009 3:02am Jul 28, 2009 3:02am
How do you get the nitro chart going?
  • #3,078
  • Jul 28, 2009 3:03am Jul 28, 2009 3:03am
Quoting lrathi
http://static.forexfactory.com/forex...1&d=1248752628 (http://www.forexfactory.com/attachment.php?attachmentid=279613&d=1248752628)

I observe your overlay on sm TRIX candles on RENKO chart.

When both are not in synch... stay out.

If I may ask... I have not started on RENKO charts as yet... will get there....

Can you set sm renko trix candles and TRIX indicator on 2EEEC as EDGE's latest recommended settings. Brick size =10.

Thanks for this.
Yes you can...
and the comment on the top left is from my C4 Alerter as he gives an alert when trix changes and ma crosses....
"The only successful substitute for brains is silence."
  • #3,079
  • Jul 28, 2009 3:13am Jul 28, 2009 3:13am
get the renko script and download the rest from this thread. Then start building. Ohh and before anybody ask.....You must read the whole thread, everythings answered and all links, how to's, indicators etc. are all there....There are no short cuts

Quoting toafdawg
How do you get the nitro chart going?
  • #3,080
  • Jul 28, 2009 3:18am Jul 28, 2009 3:18am
I have the renko script, what indicators do you have on your chart?
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