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NITRO Scalping for serious traders 863 replies

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NITRO Variations for Open-minded Traders

That doen't work either. All I get is school supplies and a history lesson. I need a little more detail. Thanks
Thanks,
I finally got it, I'm going to try it later and see how it works.
Quoting zxpips
Thanks,
I finally got it, I'm going to try it later and see how it works.
Hi,

I don't think you will find more useful respect of others indicators...

It's only a momentum (on Close) with mixed a momentum on Low...
Market is like a puzzle, YOU have to fit the pieces!!
got it! thanks.
Would you post your nitro template you are using now
or click my name and email it to me please.

I want to look at something and then post my latest template
if you would i would appreciate it!!!

Brian

Quoting 4xtrader2
After yesterday's lousy price action and today price action being poor up until news, I found myself "forcing" trades instead of watching the signals. Thus, an otherwise profitable day was a break even. Once I settled down and traded the signals and the price action, I did OK but as you can see I made one EJ trade that killed my profit for the day (didn't set a stop loss).

Images are at: http://www.forexfactory.com/showpost...&postcount=284

Discipline, discipline, discipline! Without it profits are like the wind.
Quoting golden1
Would you post your nitro template you are using now
or click my name and email it to me please.

I want to look at something and then post my latest template
if you would i would appreciate it!!!

Brian
Here is a zip file with my Chart Profile, Template, and indicators. You will have to have the commercial version of s-Renko Bars.ex4 to utilize the profile and templates.
Renko.tpl is the template for my Renko Charts.
Renko_base.tpl is the template for the underlying 1 minute candle charts.
Place the .tpl files in your Templates folder.
The folder Renko_JPY contains the profile of all of my charts. Place it in the Profiles folder under your MT4 Installation.

Word of Caution: The iSessions indicator is dependent on the Broker's server time so you will have to adjust settings according to your Broker's server. Either that or you can discard it from the template. It only provides the Asian, European, and NYC sessions as a backdrop.

Good luck. If you have problems with it, PM me.
Attached File(s)
File Type: zip 4XTrader2Templates.zip   21 KB | 781 downloads
4XTrader2
Is anyone still using this thread? Or has everyone given up or gone to the other Nitro thread?

Best wishes,

Cat Preacher
RIP
Some have gone to MTF Trix System
Quoting CatPreacher
Is anyone still using this thread? Or has everyone given up or gone to the other Nitro thread?

Best wishes,

Cat Preacher
I think i lost something somewhere. My question is: what's the size of the brick you are using?

best regards and nice pips
Think I remember reading somewhere on the old c4 thread that Edge said he screened the signals that came from the ea before entering a live trade.
That wouldn't seem very plausible with 1k trades though.
Especially scalping since one really doesn't have the time to since these trades usually happen very quickly, but if he could or did that would definitely put the, "75% mental/discretionary" aspect back into the equation.
Need to take the time someday to review that excel file edge posted against my own current trading system to see if I'd taken the same trades though.

Quoting zznbrm
Regarding backtest:

- Despite several requests, the parameters/indicators/logic used for the "1000 wins...
"so it can be that the C4 training has been too short", great point here Chris.
Think some of my best Monday trades were made with C4.

Quoting Chris_B
They are 2 very different ways to watch the PA and trade...
I'm not so experienced...but i've understood that with Renko...all indys are absolutely useless... when a brick has formed the PA already has done the move...and the indy only tells the same thing...
Renko is very good to see the overall trend...support and resistence and some patterns...
I really didn't saw Renko as a scalping method before Nitro...but Nitro is not only Renko... Nitro is Renko+JPY pairs+right hours to trade... is not Renko per se that works...is the conjunction of the...
Here...I made a multy box renko to keep us informed of bigger
boxes trends....it is customizable up to 5 box sizes.
The right white percentage text is bar timer.

Does anyone though about using volume with renko!??
I coded something, but I dont think it work like it should.....
any coder willing to help me with that one!??
It is extermely usefull to take a notice of volume near swing points, and SR levels,
it gives you a clue about traders interest in those areas.

ps.Im using renko indicator from mql4, not offline FF versions!

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled-1.jpg Size: 294 KB
Attached File(s)
File Type: mq4 MultyBoxRENKO.mq4   28 KB | 785 downloads
forexflash
Quoting bali2002
So finally momentum went down, created a triple top and after a retacement there were some pips to be made!

It's a freaking patience game
I see you use the Clovis RubberBand indi.
Does it work any better than regular mom indis on renko charts?
Where'd you find it, & can you post it here?
FOREXflash,
Looks nice, great job will have to give that one a try.
Would it be much trouble to make or add a simple renko brinks per minute indicator for each brick size you have displayed?
Kind of a mph dashboard if you will.
What does the %# mean in bottom right hand corner?
What platform do you use?
How can I get the multi renko chart display like you have?
Is that part of your indicator or did you just open multiple renko charts?
Sorry, just two more questions, what is the Scalping-Protection ea I see on your chart?
Did you find or make it, & how does it help?


PS:
smHullslope indi maybe a good one to help stay out of those choppy areas.

Quoting FOREXflash
Here...I made a multy box renko to keep us informed of bigger
boxes trends....it is customizable up to 5 box sizes.
The right white percentage text is bar timer.

Does anyone though about using volume with renko!??
I coded something, but I dont think it work like it should.....
any coder willing to help me with that one!??
It is extermely usefull to take a notice of volume near swing points, and SR levels,
it gives you a clue about traders interest in those areas.

ps.Im using renko indicator from mql4, not offline FF versions!

Regards...
Attached Image (click to enlarge)
Click to Enlarge Name: a smhullslope.gif Size: 45 KB
Attached File(s)
File Type: mq4 smHullSlope v5.mq4   6 KB | 592 downloads
Is my mind open or what?
lol
Think I can come up with at least one grail a day with renko charts.
Makes me hate going back to candle sticks, but think I should give the old C4 a try again since it has been quite a while now.
Attached Image (click to enlarge)
Click to Enlarge Name: a basket and rubberband.gif Size: 29 KB
Ok just one more before the market re opens.
More renko indis on a renko chart.
Will it help me to see highs & lows better?
Guess I'll find out in a couple of more hours.

Think this thread needs a jump start...
lol
Attached Image (click to enlarge)
Click to Enlarge Name: a real winner.gif Size: 44 KB
Attached File(s)
File Type: mq4 Renko_v1.mq4   3 KB | 510 downloads
File Type: mq4 Aroon_Horn2.mq4   2 KB | 448 downloads
File Type: mq4 RenkoAM_v2.0.mq4   1 KB | 489 downloads
File Type: mq4 #MAMA.mq4   4 KB | 446 downloads
File Type: mq4 ArrayTest.mq4   3 KB | 440 downloads
Need Help!
I've started a new thread. I'm trying to find &/or further develop an existing ea to work much better on renko charts. And not closed to the idea of adding indis existing renko systems etc to improve upon pre-existing mechanical ones.
Please visit it here, & post your ideas &/or comments:
http://www.forexfactory.com/showthread.php?t=200152
Quoting 45Fxguy
Ok just one more before the market re opens.
More renko indis on a renko chart.
Will it help me to see highs & lows better?
Guess I'll find out in a couple of more hours.

Think this thread needs a jump start...
lol
Dude, could please load the template for that image, because i tried to do it, and I just can't get it to come up like yours. Thanks
Quoting zxpips
Dude, could please load the template for that image, because i tried to do it, and I just can't get it to come up like yours. Thanks
I know how it is with MT4 & pcs.
Sorry for the wait, my old pc has been coming to a screeching halt about this time every morning lately, pretty weird. Especially since it always seems okay until I get ready to trade.
Even though I just download & ran the lasts mal-ware sig files.
Guess I'll be switch back over to laptop again. At least I have three screens now instead of just one when they are both connected. Should help me keep a better eye on more pairs combos, & correlation etc.
Had to search for a couple of time, web browser wasn't seeing the file name as it was written so had to try, try again.
Guess that's what I get for staying up to 4am this morning.
Can you post a screen shot of yours before you load this one?
PS: I'm trying to just put the yen pairs on the pc & usd pairs on the laptop, that should help even out the pc's cpu work load.
PSS: All four yen pairs just broke ema 45, & took off like a rocket getting ready to strike the moon, just as I'm having to do all this mess as usual. Hopefully I'll get if figured out sooner rather than later.
Sorry, just venting a little, okay maybe a lot.
lol
Attached File(s)
File Type: tpl a real winner.tpl   12 KB | 444 downloads
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