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Trading Renko

  • #241
  • Oct 15, 2009 3:10pm Oct 15, 2009 3:10pm
http://www.forexfactory.com/showpost...&postcount=371

new version of EA 3.2
  • #242
  • Edited 3:28pm Oct 15, 2009 3:15pm | Edited 3:28pm
Many thanks xBweNx for posting your rules.
  • #243
  • Oct 15, 2009 3:47pm Oct 15, 2009 3:47pm
no problem let me know how it goes
  • #244
  • Oct 15, 2009 4:19pm Oct 15, 2009 4:19pm
Yea Thanks xB, what time frame are we working on here..?

Rebel
  • #245
  • Oct 15, 2009 4:23pm Oct 15, 2009 4:23pm
Quoting rebelheart
Yea Thanks xB, what time frame are we working on here..?

Rebel
open of chart put it on Minute 1 time frame than apply the EA. it will tell it what offline chart to open. EA should be 10pip bricks and show wick on with is default

http://www.forexfactory.com/showpost...06&postcount=1

also explains. EA is 3.2 version
  • #246
  • Edited 8:12pm Oct 15, 2009 7:49pm | Edited 8:12pm
Quoting xBweNx
no problem let me know how it goes
Hello xBweNx,
Thanks for all the additional info on you trading method.
Wondering if you can take a look at this indi in your spare time, it may help, or even replace some of the other indis if you find the right settings for it.
I've got it set to 8,3,3 +ha is on in this screen shot, notice where the lime green candles, & where your rsi is at that time?
Your rsi looks pretty good at weeding out ranging & false signals, wish an rsi three or four color candles with ha could be made like this stoch one.
Maybe have the candles turn gray instead of red or blue in the range between 55 & 45, guess Lou might know if it can be done. Would probably clean up the chart some. But who knows, you can probably find right settings to do the same thing with this StochCandles4color, which is why I'm uploading it here.

2nd screen shot is pretty close to what I'm trying to do, but it's not quite there yet.
3rd screen shot, getting closer too, grayed out the red candles also, matching up a little better with rsi in the ranging zone, may serve as an addition reminder or warning, don't trade when the candles are gray.
What do yall think? Is it over kill, or is the system good enough as is?
Guess time, & forward testing will tell.

Later,
45
Attached Image(s) (click to enlarge)
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Attached File(s)
File Type: mq4 StochCandles4color.mq4   4 KB | 752 downloads
  • #247
  • Oct 15, 2009 9:07pm Oct 15, 2009 9:07pm
only problem i have with this is stoch with i did not like with renko. though i did like how your third chart looked. I will try few setting and see what it can do also
  • #248
  • Edited 10:34pm Oct 15, 2009 9:18pm | Edited 10:34pm
Quoting xBweNx
only problem i have with this is stoch with i did not like with renko. though i did like how your third chart looked. I will try few setting and see what it can do also
Ok thanks, check this out.
Mr tools was just visting this thread, noticed he doesn't post much here at ff, but one of his post lead me to tsd, & to this indi which looks pretty good on renko charts at first glance.
Got to love renko charts.... hope it doesn't repaint....
http://www.forex-tsd.com/general-dis...scillator.html
Anyone have time to forward test another one?

edit:
Posted wrong indi so corrected.
Attached Image (click to enlarge)
Click to Enlarge Name: a fractal zig zag2 ea pic 44.gif Size: 26 KB
Attached File(s)
File Type: mq4 rmo + signals.mq4   4 KB | 1,108 downloads
  • #249
  • Oct 15, 2009 9:54pm Oct 15, 2009 9:54pm
Anybody tried "old reliable", THV trix with the Renko? My Rchart has that Cobra look, Trix and Ichimoku, works as good as any methinks
  • #250
  • Oct 15, 2009 10:13pm Oct 15, 2009 10:13pm
got a good trade on GU got 33pips. red line was entry
Attached Image (click to enlarge)
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  • #251
  • Oct 15, 2009 10:14pm Oct 15, 2009 10:14pm
Quoting goldsurfer
Anybody tried "old reliable", THV trix with the Renko? My Rchart has that Cobra look, Trix and Ichimoku, works as good as any methinks
do you use the Ichimoku setting that THV system uses? I tried it but found it put me in to late. more power to you for Trix i never understood it really well with spotting divergence and Identifying setup
  • #252
  • Oct 16, 2009 1:34am Oct 16, 2009 1:34am
Quoting xBweNx
do you use the Ichimoku setting that THV system uses? I tried it but found it put me in to late. more power to you for Trix i never understood it really well with spotting divergence and Identifying setup
Well, I use the trix, a macd, the 12 lwa, the Icloud, Ha candles, pivots..... er, not one indy puts me in the trade

Yeah, whatever works....

Cheers
  • #253
  • Oct 16, 2009 1:58am Oct 16, 2009 1:58am
Quoting xBweNx
do you use the Ichimoku setting that THV system uses? I tried it but found it put me in to late. more power to you for Trix i never understood it really well with spotting divergence and Identifying setup

Pretty much the same entry as yours, can't go wrong vs the dollar recently
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  • #254
  • Oct 16, 2009 2:06am Oct 16, 2009 2:06am
Hey xBweNx, Im not that good with MT4.. I have loaded all the indies and changed setings where needed, I cant get the 2 min chart up.. do I load the EA in the indicator file..? perhaps some one could talk me trew the steps to get the set up just right.. I dont want to be missing out on Pips....


Thank you

Moxie

P.s maybe the 5 min chart would work as well..?
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  • #255
  • Oct 16, 2009 2:11am Oct 16, 2009 2:11am
Post your template and any indicators that are not thv
default.

Also your personal trade rules... ie do you use a trix cross
or signal cross as an entry?

Brian

Quoting goldsurfer
Pretty much the same entry as yours, can't go wrong vs the dollar recently
  • #256
  • Oct 16, 2009 2:31am Oct 16, 2009 2:31am
Moxie - the EA (RenkoLiveChart ) goes in the Experts folder. Try that and see how you go.
  • #257
  • Oct 16, 2009 3:11am Oct 16, 2009 3:11am
Quoting orientos
Moxie - the EA (RenkoLiveChart ) goes in the Experts folder. Try that and see how you go.
Thanks for the reply mate, I have loaded in experts folder and switched the bad boy on.. but im geting a in the top right coner.. can you advise what seting on MT4 I need to change to get the EA to run.. thanks for your help & sorry for been a pain in the arse..

Moxie.
  • #258
  • Oct 16, 2009 3:14am Oct 16, 2009 3:14am
At the top of your screen is a tool bar and you will see an Expert Advisors tab. Just click that and you should get a "smile"
  • #259
  • Oct 16, 2009 3:23am Oct 16, 2009 3:23am
Quoting orientos
At the top of your screen is a tool bar and you will see an Expert Advisors tab. Just click that and you should get a "smile"
Lol AWW man.. I have an X where the :-( was.. guess its on now... but the 5 min time frame is still showing..? what do you think..
  • #260
  • Oct 16, 2009 3:32am Oct 16, 2009 3:32am
All I can suggest is to re-read the instructions, delete both M1 and M2 charts and start again. Don't forget to capture at least a months worth of M1 data. Good luck.
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