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C4 Scalping

  • #3,461
  • Jul 29, 2009 11:49am Jul 29, 2009 11:49am
never ever.


Quoting Chris_B
Hi folks!!

I don't know if i can believe in my eyes buy...i've seen renko script repainting some minutes ago...

I mean real repainting...it has repainted the second candle befor the actual candle...
That candle was down inr eal time...and now is up...

Anybody has seen renkos script repaint???
  • #3,462
  • Jul 29, 2009 11:53am Jul 29, 2009 11:53am
Quoting tex
Hey Egde,Guys

i am a little bit confused, which one is the actual renko primer ?

HMA Default Settings
LWMA 8,3,6
LWMA 8,4,6
other ?

It seems that everybody is using another one at the moment ..
I still like the 8,3,6 on C4 and am still checking the Hull MA.

Regards.
  • #3,463
  • Jul 29, 2009 11:54am Jul 29, 2009 11:54am
Nice System!
Template from all indis from page 1.
Kindest regards
christian
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  • #3,464
  • Jul 29, 2009 11:56am Jul 29, 2009 11:56am
Hey John 2004, could you post an example of how you did this? I am very interested in how you were able to do it.

Thanks!

Quoting john2004
winningfx, and 4xStar and powercouple,
Thank you all, I'll pm him for the source. But in the mean time, I think I've got it figured out.

For smSuper TRIX_v2 index...
  • #3,465
  • Jul 29, 2009 11:57am Jul 29, 2009 11:57am
Quoting hoichoi
guys..
if anyone has range bar chart .. i think intead of renko bar rangebar may be a good idea..


cheers
We are seeing hit rates well in excess of 90% with renko and range bars are somehow better?

Time to 'proof up' that idea with some charts showing us the comparison if you do not mind.

Regards.
  • #3,466
  • Jul 29, 2009 11:59am Jul 29, 2009 11:59am
Quoting christian
Nice System!
Template from all indis from page 1.
Kindest regards
christian
Nice looking workstation. Clear, clean and concise.

Regards.
  • #3,467
  • Jul 29, 2009 12:01pm Jul 29, 2009 12:01pm
Quoting stevecartwright
I'm sorry that i can't help much more as I don't have th eindicator or time to investigate. If its arrow on a chart then they must be referenced by time and value which is different to a normal indicator which uses buffers to product the output. You probably need the source to get to how its actually working. I hate working withindicators so much more difficult than EA's.

This is one way of getting value for the arrows

Pat
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  • #3,468
  • Jul 29, 2009 12:03pm Jul 29, 2009 12:03pm
No. Not at all, Edge. Matter of fact, I took 3 trades on the same pair today that were all winners of 6, 7 and 6. Wasn't able to be here earlier, so missed out on what would have been additional winning trades. You've convinced me that "less is more"
On the charts I posted previously of Swingman's observation on the EUR/USD, I would shoot for 10 on those and for more than I usually would go, because, to date, they have been 100% winners of 10 pips. I would go for 10, and call it a happy day until the next situation arose.
Quoting Edgetrader
Good observation but am feeling that you have the urge to get a few more pips. Fight the 'dark side' with all of your might. Nitro is a very good thing if traded accordingly. If you want to load up fine. Go for the +5 and be done with it. Your trading day, following a few pairs, should last less than 1.5 hours. Set your goals (2%), hit them in the 90+ percentile of trades taken and get out of harms way.

JMHO
  • #3,469
  • Jul 29, 2009 12:03pm Jul 29, 2009 12:03pm
Quoting nsteve
I totally agree!

Besides, I have found TG's contributions very valuable. She has also posted powerful indicators on this and other threads. I look forward to her continued involvement.

All I can say good luck... I do not share your opinions.

Please be so kind as to attach the powerful indicators she has posted with the pips you have made in a forward testing account. I have not found any to date.

I have had experienced traders PM me to the contrary and agree with my opinions. I am satisfied.

Happy trading! Lots of pips to you with TG's powerful indicators.
  • #3,470
  • Jul 29, 2009 12:05pm Jul 29, 2009 12:05pm
Quoting Chris_B
Hi folks!!

I don't know if i can believe in my eyes buy...i've seen renko script repainting some minutes ago...

I mean real repainting...it has repainted the second candle befor the actual candle...
That candle was down inr eal time...and now is up...

Anybody has seen renkos script repaint???
Which brick size did you use
/ ... clarifying decisions ... /
  • #3,471
  • Jul 29, 2009 12:07pm Jul 29, 2009 12:07pm
please spare me a stupid question, How to get renko charts? Anyone can help

Regards
member
  • #3,472
  • Jul 29, 2009 12:10pm Jul 29, 2009 12:10pm
Quoting bigmanin
please spare me a stupid question, How to get renko charts? Anyone can help

Regards
http://mqlservice.net/
/ ... clarifying decisions ... /
  • #3,473
  • Jul 29, 2009 12:12pm Jul 29, 2009 12:12pm
Quoting walb99
http://mqlservice.net/


walb99 great
many thanks and best of luck
member
  • #3,474
  • Jul 29, 2009 12:14pm Jul 29, 2009 12:14pm
hii
anyone knows any good traling EA .. i guess for scalp traling EA is important.. with c4 if we trade 2 microlots and if we take half at 5 pips and thenk move SL to BE and let the other one run for big move i think we can catch some big move .. this way we might get more pips out of same trade that we are taking for 5/10 pips..

if anyone knows any .. please post..
  • #3,475
  • Jul 29, 2009 12:15pm Jul 29, 2009 12:15pm
Quoting bigmanin
please spare me a stupid question, How to get renko charts? Anyone can help

Regards
You'll find two files (one is an MS Word document, and one is a PDF file) in the download section of this thread entitled "Installing Renko script as an EA".

Renko is discussed from anbout page 155 onwards in the thread. Answers to all your questions are there if you read carefully.
  • #3,476
  • Jul 29, 2009 12:16pm Jul 29, 2009 12:16pm
Quoting Dm3554
You'll find two files (one is an MS Word document, and one is a PDF file) in the download section of this thread entitled "Installing Renko script as an EA".

Renko is discussed from anbout page 155 onwards in the thread. Answers to all your questions are there if you read carefully.

Indeed thanks
member
  • #3,477
  • Jul 29, 2009 12:18pm Jul 29, 2009 12:18pm
What I am doing is placing an order, and I have an EA I wrote that will sell half the order at 5 pips, then move SL to BE at 10 pips, then trailing kicks in with a 10 pip trail. Still playing with the combination of the numbers to see what works best.


Quoting hoichoi
hii
anyone knows any good traling EA .. i guess for scalp traling EA is important.. with c4 if we trade 2 microlots and if we take half at 5 pips and thenk move SL to BE and let the other one run for big move i think we can catch some big move .. this way we might get more pips out of same trade that we are taking for 5/10 pips..

if anyone knows any .. please post..
  • #3,478
  • Jul 29, 2009 12:21pm Jul 29, 2009 12:21pm
Thank's for posting....... Hope I live long enough to try them all out.............
  • #3,479
  • Jul 29, 2009 12:23pm Jul 29, 2009 12:23pm
I have seen different settings for HMA, and I have it set at the default of 20,0,3 but I am not sure that that is the best settings for the Renko 2M. Seems a bit late. For Renko, what is the best setting that people have found for the HMA?

Thanks!
  • #3,480
  • Jul 29, 2009 12:23pm Jul 29, 2009 12:23pm
Quoting sony
Hello

i follow your work and thanks for nice posting here

Please tell me..

I set Swing Ultra Super Trix on 7 and on 3 and one above other..as you did somwhere 100 posts in the past of this tread

I attached that SMC SCALPER SIGNALS too and i found it very useful and accurate

Please tell me one more thing

When i need to get in the trade?

I trade this only when i get that 7 trix and scalpler signal ..if i already ahve that 3 in the right way...

I open trade on that first bar..Do i need to wait something?

Bar closing ...going over...
Conservative setting 5M TF

Trix 3 1 1 1
Trix 7 1 1 1
LWMA 12 6 3


Re-entries possible using Trix 3 1 1 1 in the direction of Trix 7 1 1 1.


Aggressive setting 5M TF

Trix 3 1 1 1 or Trix 4 1 1 1
LWMA 12 6 3 or 8 6 3

More entries but more possible false signals, best for ranging pairs with deeper oscilation and active PA.

Regarding 15m and 30m TF...sure you can use it. I have been using 30m Trix in a trading system for quite a while. GBPUSD GBPJPY EURJPY since April 2009 , 7800 pips. 1-3 trades only per day/pair. Strike rate approximately 80-85%. GBPUSD the best performer 2970 pips, balance between the other pairs.
" Never let the past hold the future to ransom "
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