Thank You
- #362
- Aug 6, 2009 12:11pm Aug 6, 2009 12:11pm
- Joined Jun 2009 | Status: Trader | 2,430 Posts
Thank You
- #366
- Aug 6, 2009 1:21pm Aug 6, 2009 1:21pm
- Joined Jun 2009 | Status: Trader | 2,430 Posts
Hi Indrek,
I also am a part of the C4/Nitro thread. I was just wondering if your template is available please?
many thanks.
Nick
Happy trading!
- #368
- Aug 6, 2009 1:54pm Aug 6, 2009 1:54pm
- Joined Jun 2009 | Status: Trader | 2,430 Posts
For those who have loaded the Tro Multi Meter Snake, and find that it's on the right hand side of the chart, and want it somewhere else, like the left side, a good setting is Shift_UP-DN at 0
and Adjust_side_to_side at 800
You can fool around with those numbers, but those work for me. I have the DXT indicator on the right side, and needed to move this one to the left.
Also, I agree that it's much better than the 3 ducks indicator, as it has all time frames. I think the 3 ducks indicator was lagging a lot on the upper time frames, too.
I have set UP/DN to 200 and side by side to 10, then it is right under the DXTrade panel and I see it also when my screen is divided between 4 pairs.
Matter of taste and test
- #370
- Aug 6, 2009 2:13pm Aug 6, 2009 2:13pm
- Joined Jun 2009 | Status: Trader | 2,430 Posts
Much appreciated Indrek, thank you.
Nick
Reason: 1440 x 5 minutes = 5 x 24 hours = ~trading week
- #371
- Edited 4:03pm Aug 6, 2009 3:54pm | Edited 4:03pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Hi folks
After puzzeling some indis together, here my current take of the Renko thingy.
The most interesting part is the RSI which shows us very accurate tradeable divergence (the green TLs) for countertrend trades.
The Tudor indi which is a mladen or whoever indi is there only for test purpose.
I changed the Renko bricks to a reasonable size for E/U of 5 pips to have earlier entries and less SL and with that a better R/R relation (about 1.5 to 1).
I already have some rules for it but would like to test it till tomorrow before opening the mouth too much.
Only problem is that there is no trix and this is a trix thread.
After puzzeling some indis together, here my current take of the Renko thingy.
The most interesting part is the RSI which shows us very accurate tradeable divergence (the green TLs) for countertrend trades.
The Tudor indi which is a mladen or whoever indi is there only for test purpose.
I changed the Renko bricks to a reasonable size for E/U of 5 pips to have earlier entries and less SL and with that a better R/R relation (about 1.5 to 1).
I already have some rules for it but would like to test it till tomorrow before opening the mouth too much.
Only problem is that there is no trix and this is a trix thread.
- #372
- Aug 6, 2009 4:28pm Aug 6, 2009 4:28pm
- | Joined Nov 2007 | Status: Trader | 1,186 Posts
Interesting looking chart there. I look forward to your further posts on this.
Hi folks
After puzzeling some indis together, here my current take of the Renko thingy.
The most interesting part is the RSI which shows us very accurate tradeable divergence (the green TLs) for countertrend trades.
The Tudor indi which is a mladen or whoever indi is there only for test purpose.
I changed the Renko bricks to a reasonable size for E/U of 5 pips to have earlier entries and less SL and with that a better R/R relation (about 1.5 to 1).
I already have some rules for it but would like to test it till tomorrow before opening...
- #373
- Edited 6:05pm Aug 6, 2009 4:50pm | Edited 6:05pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
The history ofted repeats itself like in the case of Anne Boleyn alias Tudorgirl:
Anne Boleyn was the first English queen to be publicly executed (from BBC UK)
http://www.forexfactory.com/showpost...postcount=5543
Shame on you false Codebreaker
It's difficult enough for new traders to survive, why making false hopes with fake stats?
Don't forget: you have to pay in life for your malicious actions.
Anne Boleyn was the first English queen to be publicly executed (from BBC UK)
http://www.forexfactory.com/showpost...postcount=5543
Shame on you false Codebreaker
It's difficult enough for new traders to survive, why making false hopes with fake stats?
Don't forget: you have to pay in life for your malicious actions.
- #374
- Aug 6, 2009 5:18pm Aug 6, 2009 5:18pm
- | Joined Nov 2007 | Status: Trader | 1,186 Posts
Very astute words, Cobra. We get back in life what we put forth.
The history ofted repeats itself like in the case of Anne Boleyn alias Tudorgirl:
Anne Boleyn was the first English queen to be publicly executed (from BBC UK)
http://www.forexfactory.com/showpost...postcount=5543
Shame on you false Codebreaker
It's difficult enough for new traders to survive, why making false hopes with fake stats?
Don't forget: you have to pay in life for your malicious...
- #375
- Aug 6, 2009 5:57pm Aug 6, 2009 5:57pm
- | Joined May 2009 | Status: Focus + Patience = Pip$ | 1,513 Posts
*******************
I'd rather make money than be right.
- #376
- Aug 6, 2009 6:11pm Aug 6, 2009 6:11pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
I would go even one step more: Trading session and market condition.
In a relative flat PA in an asian session it might be good to set 3 pips/brick for E/U but as you said, that needs to be tested for a while, I'm absolutely no expert of Renko and hope we can figure out something worthly to trade in this thread.
In a relative flat PA in an asian session it might be good to set 3 pips/brick for E/U but as you said, that needs to be tested for a while, I'm absolutely no expert of Renko and hope we can figure out something worthly to trade in this thread.
My theory is that each pair has its own 'optimal' renko setting .. find this and you will have the best chance of winning with that pair. For GY it is somewhere around 15-20, for EU might be 4 or 5 ..
would need a lot of experimenting.
- #377
- Edited 10:55pm Aug 6, 2009 10:14pm | Edited 10:55pm
- Joined Jun 2009 | Status: Trader | 2,430 Posts
The history ofted repeats itself like in the case of Anne Boleyn alias Tudorgirl:
Anne Boleyn was the first English queen to be publicly executed (from BBC UK)
http://www.forexfactory.com/showpost...postcount=5543
Shame on you false Codebreaker
It's difficult enough for new traders to survive, why making false hopes [url="http://www.forexfactory.com/showpost.php?p=2922897&postcount=13"]with...
Interesting question for conspiration theorists would be - what was TGs real role in C4 thread and did he/she act alone there or was it a part of sb's bigger game.
Anyway, it is a very nice example how easy it is to fool people in an anonymous place like this. I remember very many people dedicating tens of pages to thank TG for the brilliant contribution to the thread. Hope, the same disappointment will not wait naive people in connection with some other masters of universe.
But let us go ahead with our trading topics
- #378
- Edited 10:32pm Aug 6, 2009 10:17pm | Edited 10:32pm
- Joined Jun 2009 | Status: Trader | 2,430 Posts
- #379
- Aug 7, 2009 12:29am Aug 7, 2009 12:29am
- Joined Jun 2009 | Status: Trader | 2,430 Posts
I just had a trade that I took from Renko chart. According to Renko, there was a nice retracement ending and the situation was perfect to enter. But look at the ordinary chart - it says that I should have entered 30 minutes earlier
