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NITRO Scalping for serious traders

  • #541
  • Sep 14, 2009 4:54am Sep 14, 2009 4:54am
Private Message: Re: Be carefull! http://cdn.forexfactory.com/images/buttons/report.gif
http://cdn.forexfactory.com/images/s...n/post_old.gif Sep 11, 2009 10:26pm
pilatus http://cdn.forexfactory.com/images/s...ser_online.gif
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Member Since Aug 2007
312 Posts

http://cdn.forexfactory.com/images/icons/icon1.gif Be carefull!
Did I ofence some of you and said that is a garbage or slacker because it is posting other opinion?? If you want do that ok than I will notify that to fxfactory admin to ban you and 4xstar from that forum. Just watch me.

Pilatus

The above is the text of the Private message you sent me a couple of days ago.

For the enlightment of the other FF members would you be kind enough to explain what it is 4xStar and myself have said that you consider warrants us being reported to the FF Admin and to be addressed in threatening language such as you used.

I await your reply here in public not on PM.

Dave W
  • #542
  • Sep 14, 2009 7:10am Sep 14, 2009 7:10am
Quoting DaveW
I await your reply here in public not on PM.

Dave W
He can't post here because I put him on my ignore list which keeps him from posting on threads I start.
I would just ignore him.
******************* I'd rather make money than be right.
  • #543
  • Sep 14, 2009 9:17am Sep 14, 2009 9:17am
FXStar - oops! Got the gender wrong - my apologies. Also agree about the Fish not being introduced here - yet. I will keep a watch and if OK will comment in due course. I must say my enthusiasm has waned - I still think the real key is correlation and patience!

Dave - let that creepy Pilatus rack off and do his nasty thing elsewhere - there is no way he can claim that you or FXStar have done anything wrong. Cheeky sod - we do not need him here.

Regards Karl
  • #544
  • Sep 14, 2009 9:55am Sep 14, 2009 9:55am
Hello all,
back after a week in Barbados. Not much time to trade last week.

Started off this week with a +5 X 4 contracts

this is a 5 tic chart. still using the 4 main pairs on 10 tics for correlation

waited for the break of the previous high, which also created enough momentum.


Attached Image (click to enlarge)
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  • #545
  • Sep 14, 2009 10:20am Sep 14, 2009 10:20am
Are the live traders here using de commercial or non commercial version of the renko bars?

Thanks,

Thierry
  • #546
  • Sep 14, 2009 10:25am Sep 14, 2009 10:25am
I missed that one!


Quoting roto7gl
Hello all,
back after a week in Barbados. Not much time to trade last week.

Started off this week with a +5 X 4 contracts

this is a 5 tic chart. still using the 4 main pairs on 10 tics for correlation

waited for the break of the previous high, which also created enough momentum.


Attachment
  • #547
  • Sep 14, 2009 10:35am Sep 14, 2009 10:35am
Quoting scartree
- I still think the real key is correlation and patience!
I couldn't agree more! Today +7, +8, +6, +7, three on the EY, one on the AY (real money acct). I just checked for correlation, picked the strongest (EY this morning) took 3 trades on it on pullbacks and at one point AY looked stronger so I got that on a pullback as well. No rocket science, just the 3 P's ... patience, practice & price action!

Quote
Cheeky sod -

Well said! British english is so ... descriptive.
******************* I'd rather make money than be right.
  • #548
  • Sep 14, 2009 10:37am Sep 14, 2009 10:37am
Quoting Thierry
Are the live traders here using de commercial or non commercial version of the renko bars?

Thanks,

Thierry
Nearly everyone uses the commercial version.
The free MT4 version does not work ..,, however there is one person on this thread who says the new version of it does work.
Bottom line, if it's making you money, it works!
******************* I'd rather make money than be right.
  • #549
  • Sep 14, 2009 11:09am Sep 14, 2009 11:09am
POST YOUR CHARTS PLEASE!!!!!!!!!!!!!!!


Quoting 4xStar
I couldn't agree more! Today +7, +8, +6, +7, three on the EY, one on the AY (real money acct). I just checked for correlation, picked the strongest (EY this morning) took 3 trades on it on pullbacks and at one point AY looked stronger so I got that on a pullback as well. No rocket science, just the 3 P's ... patience, practice & price action!



Well said! British english is so ... descriptive.
  • #550
  • Sep 14, 2009 2:45pm Sep 14, 2009 2:45pm
Quoting 4xStar
The free MT4 version does not work
Yes it does.
Old Benjamin was right
  • #551
  • Sep 14, 2009 6:23pm Sep 14, 2009 6:23pm
Quoting Lou G
Yes it does.
Well, I should have said it didn't work ..at least a few weeks ago everyone was saying it did not work. However as I said above if it makes you money .. it is working!
******************* I'd rather make money than be right.
  • #552
  • Edited 7:00pm Sep 14, 2009 6:55pm | Edited 7:00pm
Quoting 4xStar
Well, I should have said it didn't work ..at least a few weeks ago everyone was saying it did not work. However as I said above if it makes you money .. it is working!
Any who are interested in this should visit the Renko Block Chart thread in the Programming Forum - it's not a long thread and toward the end you will find the most recent version of LastViking's efforts (v2.1 I believe) which works very well and is easy on cpu cycles. There's no profit motive here - EllisEdi, LastViking (and occasionally myself) have put a good number of hours into this with the goal of sharing it with others.

I'm in the process (after many requests) of adding optional wicks to the Renko bars - when I have it working properly I'll post it at the above-mentioned forum.

I have also posted an indicator there (RenkoAM_v2.0) that shows the elapsed time needed to form each Renko bar. It is actually quite predictive a good percentage of the time and may help in identifying the best times to get that 5 (or more) pips.

Good Trading,

Lou
Old Benjamin was right
  • #553
  • Sep 15, 2009 2:30am Sep 15, 2009 2:30am
+7 Frankfurt and +7 London
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  • #554
  • Sep 15, 2009 3:26am Sep 15, 2009 3:26am
Another hit at London +7
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  • #555
  • Sep 15, 2009 5:48am Sep 15, 2009 5:48am
Quoting Lou G
Any who are interested in this should visit the Renko Block Chart thread in the Programming Forum - it's not a long thread and toward the end you will find the most recent version of LastViking's efforts (v2.1 I believe) which works very well and is easy on cpu cycles. There's no profit motive here - EllisEdi, LastViking (and occasionally myself) have put a good number of hours into this with the goal of sharing it with others.

I'm in the process (after many requests) of adding optional wicks to the Renko bars - when I have it working properly...
I can confirm that the last version of the free script is working perfectly...thank you Lou and the others working on this...so everyone can use renko in the future without pay nothing...
Market is like a puzzle, YOU have to fit the pieces!!
  • #556
  • Edited 8:11am Sep 15, 2009 7:39am | Edited 8:11am
Quoting DaveW
Another hit at London +7
Hello DaveW,
What is the MI(2) indi that your using?
Don't think I've seen that one before. It also looks like your using a fractal s/r indi & what indi is providing the signal arrows on your charts & how it that working out for you?

PS: I'll admit I've only read about 1/2 the thread this weekend sorry if you've already mentioned all of the above just send me to the right post # & I'll read from there. Thanks
  • #557
  • Sep 15, 2009 8:25am Sep 15, 2009 8:25am
Quoting Chris_B
I can confirm that the last version of the free script is working perfectly...thank you Lou and the others working on this...so everyone can use renko in the future without pay nothing...
OK, I will amend the first post on this thread to offer the free version as an alternative.
******************* I'd rather make money than be right.
  • #558
  • Sep 15, 2009 8:33am Sep 15, 2009 8:33am
Twee, if you are about, can you remove the poll from top of this thread, it is no longer relevant. Thanks.
******************* I'd rather make money than be right.
  • #559
  • Sep 15, 2009 8:43am Sep 15, 2009 8:43am
Quoting 45Fxguy
Hello DaveW,
What is the MI(2) indi that your using?
Don't think I've seen that one before. It also looks like your using a fractal s/r indi & what indi is providing the signal arrows on your charts & how it that working out for you?

PS: I'll admit I've only read about 1/2 the thread this weekend sorry if you've already mentioned all of the above just send me to the right post # & I'll read from there. Thanks

Hi 45FxGuy.

Here is the indicator you requested. The arrows on the chart indicate the cross over on the MI and if of you use them as a trigger in conjunction with the LWMA colour, corellation and time of day they are very accurate. Can get chopped to death if you trade when there is no momentum.

Dave W
Attached File(s)
File Type: ex4 IndexedMomentumK.ex4   5 KB | 441 downloads
  • #560
  • Sep 15, 2009 8:53am Sep 15, 2009 8:53am
Quoting DaveW
Hi 45FxGuy.

Here is the indicator you requested. The arrows on the chart indicate the cross over on the MI and if of you use them as a trigger in conjunction with the LWMA colour, corellation and time of day they are very accurate. Can get chopped to death if you trade when there is no momentum.

Dave W
Ok, thanks a lot.

Think I used it before but don't remember it placing the arrows on the chart, guess my indi folder is too full & having trouble seeing it right now, will have to take some more out of it.
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