C4 Scalping | Page 271 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

scalping strategy 31 replies

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

Scalping PIPs? 5 replies

1M & 5M Scalping System (Scalping Paradise) 21 replies

Scalping 100 pips?! 3 replies

Attachments: C4 Scalping
Exit Attachments

C4 Scalping

  • #5,401
  • Aug 6, 2009 3:15am Aug 6, 2009 3:15am
Quoting Indrek
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.
You r kidding right?
Q
The Only Constant Is Change!
  • #5,402
  • Aug 6, 2009 3:16am Aug 6, 2009 3:16am
Quoting Indrek
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.
I cannot answer on behalf of other traders on the forum but I am trading this live for 8 trading days now.
With regards to full lots and real money, why would the results be different if you trade minilots rather than full lots, or even microlots?

Even if you had the discipline to trade it on a demo account and have a trading plan that you stick to in order to properly evaluate whether the system is working for you, it should show you the same results.
" Never let the past hold the future to ransom "
  • #5,403
  • Aug 6, 2009 3:19am Aug 6, 2009 3:19am
Quoting scoops
its the one with the window


is that bad?
As far as I know, and written throughout this thread, the free version is not accurate. If you are considering trading with it, it will cost you money, but if you are considering buying the real renko, you can earn money. The choice is yours. Keep Googling... there is a provider out there that can sell you either MQ4 or EX4 version of the code. The thread (nor members of it) are unable to promote (indirectly or otherwise) any paid service. Sorry.
How do you make a small fortune in Forex? Start with a large one!
  • #5,404
  • Aug 6, 2009 3:24am Aug 6, 2009 3:24am
Quoting paidperpip
As far as I know, and written throughout this thread, the free version is not accurate. If you are considering trading with it, it will cost you money, but if you are considering buying the real renko, you can earn money. The choice is yours. Keep Googling... there is a provider out there that can sell you either MQ4 or EX4 version of the code. The thread (nor members of it) are unable to promote (indirectly or otherwise) any paid service. Sorry.
well i have PMs turned on now. Would you mind sending me a PM with the link in it?
-2 SCOOPS OF PROFITABLE RAISINS
  • #5,405
  • Aug 6, 2009 3:24am Aug 6, 2009 3:24am
Same here, trading live with real money. I don't however follow the settings from page 1, I have found what I am comfortable with using the indicators from this thread.
  • #5,406
  • Aug 6, 2009 3:29am Aug 6, 2009 3:29am
Quoting Indrek
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.

why does it have to be full lots to be real money? My small account means as much to me as a $10k account would.
  • #5,407
  • Aug 6, 2009 3:35am Aug 6, 2009 3:35am
Seeing as how the explanation on the first page regarding SL and exits for Nitro trading is extremely vague, I was hoping that people who are using Nitro could give us a little insight on their settings

It would be greatly appreciated!

Thank you all so much for your generosity!
-2 SCOOPS OF PROFITABLE RAISINS
  • #5,408
  • Aug 6, 2009 3:55am Aug 6, 2009 3:55am
I am not going to keep on harping about the best times to trade, PA, market conditions and ATR because it gets very boring after a while.

Please don`t listen to what I say because I am often wrong...rather listen to what the market is telling you because the market is always right, whether you like it/agree with....it really makes no difference.

Have a look at PA on GU and EU and compare with GJ and EJ....look at ATR and then look at PA...does it " look " easier and better to trade the pairs with more activity?
Both EU and GU are in limbo ahead of Central Bank announcements.
" Never let the past hold the future to ransom "
  • #5,409
  • Aug 6, 2009 4:08am Aug 6, 2009 4:08am
Quoting scoops
Seeing as how the explanation on the first page regarding SL and exits for Nitro trading is extremely vague, I was hoping that people who are using Nitro could give us a little insight on their settings

It would be greatly appreciated!

Thank you all so much for your generosity!
My settings are the same as on page 1. My SL is anywhere between 1 to 20 pips depending on PA.
The settings on page 1 are the optimal settings. The rest of it is screen time watching PA. I would recommend taking every trade that you can on demo account first to understand PA or your live account will go bye-bye.
Q
The Only Constant Is Change!
  • #5,410
  • Aug 6, 2009 4:27am Aug 6, 2009 4:27am
I think its going to have to be Edge that answers this one, but the settings on page 1 have changed. Any newbies that look through this thread will find that Edge stated confirming with the 15m trend was the way to go, which is what I have done since and doesn't give me anywhere near the false signals I had before, this seems to have been put by the wayside - I'm talking about C4 here.

Also, I like to keep my exposure to a minimum as does Edge, but find that just coming out for 5 pips means I have to keep going into another trade which also gives me more chance of losing than staying in a trade that goes for more than 5 (if that makes sense).
  • #5,411
  • Aug 6, 2009 4:56am Aug 6, 2009 4:56am
Quoting JazzmanQ2
My settings are the same as on page 1. My SL is anywhere between 1 to 20 pips depending on PA.
The settings on page 1 are the optimal settings. The rest of it is screen time watching PA. I would recommend taking every trade that you can on demo account first to understand PA or your live account will go bye-bye.
Q
Excuse me sir...


Are you talking about peaks and valleys, s/r, higher highs, and lower lows, and placing stops to accordingly?
-2 SCOOPS OF PROFITABLE RAISINS
  • #5,412
  • Aug 6, 2009 5:16am Aug 6, 2009 5:16am
Done early today, satisfied to end positive in such range-bound price action. Also glad to have an opposing TRIX signal help me exit at Breakeven, at what would have otherwise been a losing trade.

This is indeed not the best time of the year to trade these two pairs, as the longer timeframe charts clearly show. May add the two other pairs that Edge suggested for C4 starting next week. Total for today, +26 pips

E/U: +10, BE
G/U: +10, +6

All trades taken in live account with actual lots, though exact size should be irrelevant to all (other than myself that is What should really matter is the results the system can produce as they slowly accumulate over time.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 6aug-eu.png Size: 20 KB
Click to Enlarge Name: 6aug-gu.png Size: 19 KB
  • #5,413
  • Aug 6, 2009 5:21am Aug 6, 2009 5:21am
First +5 of day
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 96 KB
  • #5,414
  • Aug 6, 2009 5:23am Aug 6, 2009 5:23am
Quoting waddij
Adler,

I think this may be a typing mistake but....

The renko script goes on the LIVE 1M CHART.

Open a new chart for a Nitro pair.
Zoom out as far as you can.
Go as far left as you can.
Put the renko script on the screen with settings:
BarsRange : 10
TimeFrame : 2
MaxBars : 10'000
Rescale... : true

Then press OK.

Then goto
File
Open Offline
Select the same pairs 2M chart
Once open set is up as you wish with indicators and templates.

Any other prob's feel free to PM me

Good Lukc
Waddij
Dear Waddij, thanks for very kind explanation to Adler.
But could you additionally inform there its possibile to download the Renko script?
Rgd.
  • #5,415
  • Aug 6, 2009 5:33am Aug 6, 2009 5:33am
another +5
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 95 KB
  • #5,416
  • Aug 6, 2009 5:34am Aug 6, 2009 5:34am
Bisecom.

It has been stated here no end of times that in order to obtain the Renko script it is necessary to purchase it from a commercial vendor.

As we are not allowed to advertise commercial organisations here on FF you need to google "Renko Bars MT4" and pay 30/100 Euros like everyone else on this thread has done (the free indi that opens in it's own window is not accurate).

Regards
  • #5,417
  • Aug 6, 2009 5:34am Aug 6, 2009 5:34am
Quoting InDjaLV
hi, guys! where best place to buy Renko bars?

thanks
Very good question!

Perhaps somebody is ready to upload the indi to the thread??
  • #5,418
  • Aug 6, 2009 5:41am Aug 6, 2009 5:41am
Quoting DaveW
Bisecom.

It has been stated here no end of times that in order to obtain the Renko script it is necessary to purchase it from a commercial vendor.

As we are not allowed to advertise commercial organisations here on FF you need to google "Renko Bars MT4" and pay 30/100 Euros like everyone else on this thread has done (the free indi that opens in it's own window is not accurate).

Regards
Oh, DaveW, thanks a lot for explanation!
I got a link from FF member regarding a source, but could not purchase it.
Could you PM me a source from which you got the indi.
Thanks in advance!
  • #5,419
  • Aug 6, 2009 5:47am Aug 6, 2009 5:47am
Quoting bisecom
Very good question!

Perhaps somebody is ready to upload the indi to the thread??
Of course you are joking, as that would be stealing the intellectual property of the vendor.
  • #5,420
  • Aug 6, 2009 5:51am Aug 6, 2009 5:51am

Once and for all...
Renko is commercial script/expert advisor which has to be purchased for €30/€100.
Stop asking where, why and when... nobody will upload it here.
Do your homework!
And BOOKMARK this post!
"The only successful substitute for brains is silence."
0 traders viewing now