NITRO Scalping for serious traders | Page 29 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

CHART Reading for serious traders 453 replies

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

NITRO Variations for Open-minded Traders 290 replies

Attachments: NITRO Scalping for serious traders
Exit Attachments

NITRO Scalping for serious traders

  • #561
  • Sep 15, 2009 9:09am Sep 15, 2009 9:09am
+7 and so to bed. Good night
Attached Image (click to enlarge)
Click to Enlarge Name: ny 1.gif Size: 59 KB
  • #562
  • Sep 15, 2009 9:29am Sep 15, 2009 9:29am
Didn't really take that many pips on my live micro account, but did bank +4% so done for the day, & now time to play more demo.
Good night dave, still morning here. lol....
Attached Image (click to enlarge)
Click to Enlarge Name: all nitro for serious traders 1.gif Size: 58 KB
  • #563
  • Sep 15, 2009 1:19pm Sep 15, 2009 1:19pm
What are the two ma's you have on your 5 tix chart?

Brian

PS sorry Roto that is

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
  • #564
  • Sep 15, 2009 1:20pm Sep 15, 2009 1:20pm
How is your testing going this week with the fish 2ma and the
the secret arrows?

Like to hear an update on this week so far..

I will be posting my new setup soon, but
keep trading for now

Brian
  • #565
  • Sep 15, 2009 1:56pm Sep 15, 2009 1:56pm
Quoting golden1
What are the two ma's you have on your 5 tix chart?

Brian

PS sorry Roto that is

ma in color w applied price set to 8,3,6

the other one is simply a 21 ema to show general trend. Also extra confirmation for a nice entry when they cross and the color changes on the MA. If they cross and the color changes within a few candles of each other,
usually good for some pips if everything else looks good.

Greg
  • #566
  • Sep 15, 2009 2:53pm Sep 15, 2009 2:53pm
Thanks for responding Greg

Yes I have used the 32 but its too smoothing, 21 is good. I have that and the 8 ma in color on my charts

Brian

Quoting roto7gl
ma in color w applied price set to 8,3,6

the other one is simply a 21 ema to show general trend. Also extra confirmation for a nice entry when they cross and the color changes on the MA. If they cross and the color changes within a few candles of each other,
usually good for some pips if everything else looks good.

Greg
  • #567
  • Sep 15, 2009 3:03pm Sep 15, 2009 3:03pm
Quoting golden1
How is your testing going this week with the fish 2ma and the
the secret arrows?

Like to hear an update on this week so far..

I will be posting my new setup soon, but
keep trading for now

Brian
Hi Brian,

thx for the question. I'm working on it. It has a little bug, I think... (not confirmed yet). I tried several combinations of the settings which means how many trade does it perform per day. On the first day, there was 7 trades. Now, it did 15 winners + 2 loosers / day approx. The "bug" causing the losses, this is not a question, but I still don't know that the fish indi is the main problem, or the condition is not correct/complete yet.

Version1 : total failure
Version2 : can make consistent profit, with the "BUG".
Version3 : not complete yet, BUT I hope it will be done tomorrow. The difference (version2-->verson3) should eliminate the "BUG".

Regards,

GrZack
  • #568
  • Sep 15, 2009 6:48pm Sep 15, 2009 6:48pm
Quoting 4xStar
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!
Hi,
Just a quick reply to say I use the non commercial one and it does the job.
No problem at all...
  • #569
  • Sep 15, 2009 6:58pm Sep 15, 2009 6:58pm
Quoting Lou G
Yes it does.
Hello,
I am using the version Renko live chart 1.6.
Where could I find the 2.1 and what format is it? A script, an indic or EA?
Thanks
  • #570
  • Sep 15, 2009 7:12pm Sep 15, 2009 7:12pm
Here you go.

Attach it as an Indi. Working really nice..

Regards.
tex


Quoting don_choa
Hello,
I am using the version Renko live chart 1.6.
Where could I find the 2.1 and what format is it? A script, an indic or EA?
Thanks
Attached File(s)
File Type: mq4 RenkoLiveChart_v2.1.mq4   9 KB | 663 downloads
  • #571
  • Sep 16, 2009 12:16am Sep 16, 2009 12:16am
LouG
I hve set up the indi as advised but the last couple of bricks are strange. Have I done something incorrectly?
Karl
Attached Image (click to enlarge)
Click to Enlarge Name: gj 16 sept 09.gif Size: 51 KB
  • #572
  • Sep 16, 2009 3:52am Sep 16, 2009 3:52am
Quoting tex
Here you go.

Attach it as an Indi. Working really nice..

Regards.
tex
The version I have made my station crash as I used it as a script. I'll check it out. Thanks v much.
  • #573
  • Sep 16, 2009 4:30am Sep 16, 2009 4:30am
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...
I've just looked at it and it seems to give a different picture than the commercial ones. So the millage can vary.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: renko-free.gif Size: 12 KB
Click to Enlarge Name: renko-commercial.gif Size: 12 KB
  • #574
  • Sep 16, 2009 5:00am Sep 16, 2009 5:00am
Hi,
When I drop the indy on a 1min EUR USD chart and open a 2min offline EUR USD, it opens a USD CHF 5mins???
Anybody would know why?
Thanks
  • #575
  • Edited 7:13am Sep 16, 2009 6:09am | Edited 7:13am
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....
Hello Lou,
When you have time can you go into more detail on the use of the RenkoAM indis?

If okay by 4star, if not we can take the discussion back to one of the other threads.
Attached Image (click to enlarge)
Click to Enlarge Name: renkoams.gif Size: 16 KB
  • #576
  • Sep 16, 2009 8:11am Sep 16, 2009 8:11am
Quoting 45Fxguy
Hello Lou,
When you have time can you go into more detail on the use of the RenkoAM indis?

If okay by 4star, if not we can take the discussion back to one of the other threads.
I don't mind your discssing it in here, however it sounds still very 'buggy' so I don't want that discussion to dominate the thread.
I still think the commercial version is preferable & usually you do get what you pay for. If the price were prohibitive, I might feel differently but it is only 30 euro, under 50 bucks .. so no big deal.
If the discussion gets too technical, maybe better take it to the programming thread.
******************* I'd rather make money than be right.
  • #577
  • Sep 16, 2009 8:21am Sep 16, 2009 8:21am
Back to trading, I have seen no real correlation ovenight. AY looks the strongest if pairs decide to move back up .. GY the weakest if they coninue down. I noitice DaveW has not posted his usually +7, +8 etc trades so maybe he concurs there has been no clear direction.

Last night I got +5 on AY long as it was above its Daily R1 and all 4 were moving upwards together. Right now, AY & NZY want to move up (but no push behind the move as yet) but the other 2 still look weak .. so we shall continue to monitor with great patience.
******************* I'd rather make money than be right.
  • #578
  • Sep 16, 2009 9:01am Sep 16, 2009 9:01am
Quoting 4xStar
I don't mind your discssing it in here, however it sounds still very 'buggy' so I don't want that discussion to dominate the thread.
I still think the commercial version is preferable & usually you do get what you pay for. If the price were prohibitive, I might feel differently but it is only 30 euro, under 50 bucks .. so no big deal.
If the discussion gets too technical, maybe better take it to the programming thread.
I've been waiting for the yen to decide which way it wants to go this morning also.
4star I wasn't talking about the Renko chart scripts but the other indis Lou mentioned last at the bottom of my last posted MT4 chart.
Although I did have some trouble with the last posted version free renko script too version 2.1, I think, so went back to using one of the other free ones that usually works pretty well when attached as an ea. Just figured I was trying to run too many charts at the same time & my old pc's cpu couldn't keep up which is why it usually crashes or freezes up mt4 when I try to put too much on it.
Attached Image (click to enlarge)
Click to Enlarge Name: all yen pairs 1 min.gif Size: 48 KB
  • #579
  • Sep 16, 2009 9:38am Sep 16, 2009 9:38am
Some good old Nitro stuff today...
Attached Image (click to enlarge)
Click to Enlarge Name: 09162009.gif Size: 46 KB
Market is like a puzzle, YOU have to fit the pieces!!
  • #580
  • Sep 16, 2009 9:58am Sep 16, 2009 9:58am
Hi Chris,

are you still on 5 brick Renko?

Thanks.

Nick
2 traders viewing now