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Attachments: C4 Scalping
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C4 Scalping

  • #5,381
  • Aug 6, 2009 12:39am Aug 6, 2009 12:39am
Quoting Pipo
Hi DaveW you are going well. Just a thought, I don't know if you already know but you can clean up your chart of the grey grid by holding down ctrl and press G.
I just noticed you aren't wet behind you ears as a member since 2005 you properly could show me some tricks

Thanks Pipo.

Have been trying to get rid of that grid for 4 years !!!
  • #5,382
  • Aug 6, 2009 12:41am Aug 6, 2009 12:41am
Sorry to bother

Updated Info Dashboard.
No new Infos... just took off the CCI as it would need a lengthy information every time about how and why.
Just adapted the visual appearance (sorry Cobra... now it looks a bit like your Info Panel natural evolution of the coder...)

Maybe helps..
Attached Image (click to enlarge)
Click to Enlarge Name: dxtrade.gif Size: 28 KB
Attached File(s)
File Type: ex4 DXTrade Info v7.ex4   12 KB | 761 downloads
"The only successful substitute for brains is silence."
  • #5,383
  • Aug 6, 2009 1:07am Aug 6, 2009 1:07am
No problem my friend, everything what is evolution is fine.

I'm starring since 200 and more minutes at the same Renko candle

I saw that yours is moving, but we have different datafeed (ODL).

[just trying to figgure out what this Renko thingy is good for]


Quoting DXTrade
Just adapted the visual appearance (sorry Cobra... now it looks a bit like your Info Panel natural evolution of the coder...)

Maybe helps..
  • #5,384
  • Aug 6, 2009 1:19am Aug 6, 2009 1:19am
Quoting DXTrade
Sorry to bother

Updated Info Dashboard.
No new Infos... just took off the CCI as it would need a lengthy information every time about how and why.
Just adapted the visual appearance (sorry Cobra... now it looks a bit like your Info Panel natural evolution of the coder...)

Maybe helps..
DXTrade,

I keep a record of ALL the trades I do, screenshot @ entry and exit. It is not because I want to do an autopsy and dwell on each trade but to make sure I stay within my trading rules and trading plan. Yes.. I still have a short checklist for every system I trade.
This indi is very handy because I can see at a glance when I do the analysis what the market info was at the time of entry/exit. Your effort is appreciated
" Never let the past hold the future to ransom "
  • #5,385
  • Aug 6, 2009 1:31am Aug 6, 2009 1:31am
Quoting paradoxical
Scoops, most of the traders that really do well at this are usually away from the computer at this time, but I can't see how that small chart you poosted was a loss. Even with the spread, it should have been good for 5 pips. Can you post a full chart showing the pair?

the chart i posted was an example of how i make entries using the system. i just wanted to verify with the community on the thread that i am entering correctly. using those entries gave me the results posted in the other screenshot.

again, i exit when the hma changes colors, or when i lock in +5 pips profit.

the pair was eurusd.


also, just had 3 more losses today so far with this system. im really wondering if anyone is using this system, USING THE RULES POSTED IN PAGE #1, and actually making any real money with it or having real success with it.


for something that has such horrid RR and terrible strike rate, i would expect this thread to have died long ago.




unless im doing something wrong

so if anyone is in fact using this method CONSISTENTLY AND SUCCESSFULLY, mind sharing with all of us your results, settings, rules, entries, and exits?

thanks
-2 SCOOPS OF PROFITABLE RAISINS
  • #5,386
  • Aug 6, 2009 1:34am Aug 6, 2009 1:34am
Quoting Syahmi
Edge......

New thread coming up..... C4 Scalping - for Poor Traders

??????

Out of respect for Edgetrader and my fellow traders, I didn't want to clog up this thread with my interpretation (http://www.forexfactory.com/t/188248/c4-scalping-poor-traders-1.html).
If you only trade long, then you can't always be wrong.
  • #5,387
  • Aug 6, 2009 1:36am Aug 6, 2009 1:36am
hi, guys! where best place to buy Renko bars?

thanks
  • #5,388
  • Aug 6, 2009 1:37am Aug 6, 2009 1:37am
Quoting Gleneagles
DXTrade,

I keep a record of ALL the trades I do, screenshot @ entry and exit. It is not because I want to do an autopsy and dwell on each trade but to make sure I stay within my trading rules and trading plan. Yes.. I still have a short checklist for every system I trade.
This indi is very handy because I can see at a glance when I do the analysis what the market info was at the time of entry/exit. Your effort is appreciated
Thanks... and maybe for the next version:
Isn't it better to have just 1 ATR and an ATR level and then showing HIGH for ATR above level and Low for below? Obviously of no interest for Nitro again.
Just thinking loud!
"The only successful substitute for brains is silence."
  • #5,389
  • Aug 6, 2009 1:49am Aug 6, 2009 1:49am
Quoting DXTrade
Thanks... and maybe for the next version:
Isn't it better to have just 1 ATR and an ATR level and then showing HIGH for ATR above level and Low for below? Obviously of no interest for Nitro again.
Just thinking loud!
I like the idea of 2 X ATR in the window, the pairs have different ranges/volatility...you can set up EU GU etc all with slightly different settings on your charts. Also if you have had a fairly long period of consolidation, you may decide that you want to look for a higher reading to filter a possible false breakout, you can then set it to look for 12-15 maybe instead of 10.
" Never let the past hold the future to ransom "
  • #5,390
  • Aug 6, 2009 1:58am Aug 6, 2009 1:58am
Quoting scoops
the chart i posted was an example of how i make entries using the system. i just wanted to verify with the community on the thread that i am entering correctly. using those entries gave me the results posted in the other screenshot.

again, i exit when the hma changes colors, or when i lock in +5 pips profit.

the pair was eurusd.


also, just had 3 more losses today so far with this system. im really wondering if anyone is using this system, USING THE RULES POSTED IN PAGE #1, and actually making any real money with it or having real success with...
Read the calendar about upcoming key events later during the session.
It is one of the most important events that the financial world focus on.
Interest rate decisions are key drivers of forex markets.
Right now, market activity is very low. It is reflected in PA, Indicators and everything else that you may care to look at.
Why do you want to trade now?
" Never let the past hold the future to ransom "
  • #5,391
  • Aug 6, 2009 2:04am Aug 6, 2009 2:04am
just booked 2 renko trades as per page#1 criteria except TP was 7 pips

EJ short @ 137.09 - 137.02, +7
AJ short @ 80.22 - 80.15, +7
  • #5,392
  • Aug 6, 2009 2:05am Aug 6, 2009 2:05am
Quoting Gleneagles
Read the calendar about upcoming key events later during the session.
It is one of the most important events that the financial world focus on.
Interest rate decisions are key drivers of forex markets.
Right now, market activity is very low. It is reflected in PA, Indicators and everything else that you may care to look at.
Why do you want to trade now?

so ur saying the reason the loss rate is so high, is because of the crappy volatility we have been experiencing the last couple days? I hope so
-2 SCOOPS OF PROFITABLE RAISINS
  • #5,393
  • Aug 6, 2009 2:06am Aug 6, 2009 2:06am
Quoting InDjaLV
hi, guys! where best place to buy Renko bars?

thanks

yes i would like to know this as well.

also,

can we buy renko bars for MT4?

what site has the best price for this indy?

thanks!
-2 SCOOPS OF PROFITABLE RAISINS
  • #5,394
  • Aug 6, 2009 2:10am Aug 6, 2009 2:10am
Quoting scoops
so ur saying the reason the loss rate is so high, is because of the crappy volatility we have been experiencing the last couple days? I hope so
Look at the EU 30M chart.
Look at ATR.
Look at PA.
Look at the timing of the trades you made.

It will give you most of the answers you are looking for.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Aug. 06 09.06.gif Size: 18 KB
" Never let the past hold the future to ransom "
  • #5,395
  • Aug 6, 2009 2:25am Aug 6, 2009 2:25am
3 trades today so far:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ej6-8.gif Size: 34 KB
Click to Enlarge Name: eu6-8.gif Size: 32 KB
Click to Enlarge Name: gu6-8.gif Size: 32 KB
  • #5,396
  • Aug 6, 2009 2:59am Aug 6, 2009 2:59am
Quoting scoops
so if anyone is in fact using this method CONSISTENTLY AND SUCCESSFULLY, mind sharing with all of us your results, settings, rules, entries, and exits?
I think, it should be somebody who trades at least full lots and real money.
But is anybody doing this already? I doubt. So, no real results available, I am afraid.
  • #5,397
  • Aug 6, 2009 3:05am Aug 6, 2009 3:05am
Quoting scoops
yes i would like to know this as well.

also,

can we buy renko bars for MT4?

what site has the best price for this indy?

thanks!
Google Renko bars mt4.
  • #5,398
  • Aug 6, 2009 3:07am Aug 6, 2009 3:07am
Quoting aktur
Google Renko bars mt4.

thx i found it for free


does anyone know if renko bars only repaints the previous bar, and thats it?
-2 SCOOPS OF PROFITABLE RAISINS
  • #5,399
  • Aug 6, 2009 3:12am Aug 6, 2009 3:12am
Quoting scoops
thx i found it for free


does anyone know if renko bars only repaints the previous bar, and thats it?

Is it the one that opens an indicator window or does it actually replace the candles/bars ?

If its the latter, give us a clue as your pm is off
please
  • #5,400
  • Aug 6, 2009 3:13am Aug 6, 2009 3:13am
Quoting chongsparks
Is it the one that opens an indicator window or does it actually replace the candles/bars ?

If its the latter, give us a clue as your pm is off
please



its the one with the window


is that bad?
-2 SCOOPS OF PROFITABLE RAISINS
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