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Trading Renko

  • #401
  • Oct 20, 2009 2:10pm Oct 20, 2009 2:10pm
Quoting Scottstone
I think you need to replace the Hieken Ashi posted earlier with this one. I had the same problem.
Hi,
Thanks for your help.
I have changed the Ashi to the one you posted, restarted, but still LJ signals won't appear.
Any indea?
  • #402
  • Oct 20, 2009 2:53pm Oct 20, 2009 2:53pm
http://www.actionforex.com/technical...2007123134103/

Was looking for a website or something like this for a while now.
  • #403
  • Oct 20, 2009 3:02pm Oct 20, 2009 3:02pm
OH more and more renko traders ...


Today before school just one trade 30+ GBP USD



Cheers
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"Buy on fear, sell on greed !!!
  • #404
  • Edited 4:00pm Oct 20, 2009 3:50pm | Edited 4:00pm
Quoting Petar_Serbia
OH more and more renko traders ...


Today before school just one trade 30+ GBP USD



Cheers
Almost more fun than playing Starcraft, isn't it?

Was wondering if anyone has any experience using this dashboard, & can fully or partly explain its use?

Don't really remember where I found it.
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 _tp SerenityDashBoard R3[1].06.ex4   44 KB | 708 downloads
  • #405
  • Oct 20, 2009 3:58pm Oct 20, 2009 3:58pm
I went to bed last night (I am in Australia) happy that I had a new strategy that was simple and promising. All I hoped for were some possible aids to improve the odds. Maybe some kind soul would make an EA out of it. But when I tuned into the thread this morning I find an almost unrecognisable thread!! Where did the RSI/MACD ideas go to? Now there is doubt being thrown at the integrity of HA.

45FXGuy, I too look at many indis but quickly discard most of them unless they have improved features over ones I already use. I think in that department, I am a novice! Not trying to be provocative but do you have time to trade anything and if so, what do you use on your charts? You have so many charts and indis, you must spend so much time setting up charts and reviewing indicators, it is a wonder if there is time to actually trade!! I enjoy your posts as we never know what we are going to get next. Have you found one system better than all others? In which case, would you like to share it.

Using xBweNx strategy, I had 5 trades yesterday, with 4 winners taking 10 pips plus a few pips on the trailing part of my orders. One went against me and was stopped out and I should have bailed out sooner. If I could do that reguarlly I would be very happy. Using 1 lot, that yielded $380 profit. Suggestions for improvement of the odds for that strategy would be welcome but lets not throw the baby out with the bathwater!!
  • #406
  • Edited 4:14pm Oct 20, 2009 4:11pm | Edited 4:14pm
Quoting SlushFund
+17 on the Euro

Not much talk about pivots recently. Learn to trust them. Too much talk about indicators for my liking.

Time to read Page One again.
Yes, we've veered off into "indicator madness". This always happens unless the owner of the thread keeps a tight rein. Unfortunately (as I said in post #1) I really didn't have a clear direction in mind when I started all this so I have no intention of trying to control it.

What I do know is that I like to use simple, clean charts. Any indicators added should be there for a reason and one should know what that reason is...

Made +30 on Cable last night between midnight and 0200 GMT using price action and pivots - that's a good enough day for me.
Old Benjamin was right
  • #407
  • Oct 20, 2009 4:16pm Oct 20, 2009 4:16pm
No provocation implied, & thanks I think. lol
I have mostly just been trading xB's setup with the synergy twist lately, not really much different than his original.
I'm mostly just exploring the dashboard type indis to try to see the bigger picture along with correlation to try & help me find the bigger moves of the day.
No one's abandoned the RSI/MACD ideas, just some prefer to use the pure synergy method instead.
I think the charts I posted today with trades clearly marked should speak for themselves.
The baby is still in the house.
lol

Quoting scartree
I went to bed last night (I am in Australia) happy that I had a new strategy that was simple and promising. All I hoped for were some possible aids to improve the odds. Maybe some kind soul would make an EA out of it. But when I tuned into the thread this morning I find an almost unrecognisable thread!! Where did the RSI/MACD ideas go to? Now there is doubt being thrown at the integrity of HA.

45FXGuy, I too look at many indis but quickly discard most of them unless they have improved features over ones I already use. I think in that department,...
  • #408
  • Oct 20, 2009 4:35pm Oct 20, 2009 4:35pm
Quoting 45Fxguy
Almost more fun than playing Starcraft, isn't it?

Was wondering if anyone has any experience using this dashboard, & can fully or partly explain its use?

Don't really remember where I found it.
hahahaha Yea ALMOST ,easy pips i didnt take sell on gbp usd colege


Starcarft and Renko combination is very good haha
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"Buy on fear, sell on greed !!!
  • #409
  • Oct 20, 2009 4:40pm Oct 20, 2009 4:40pm
Quoting Petar_Serbia
hahahaha Yea ALMOST ,easy pips i didnt take sell on gbp usd colege


Starcarft and Renko combination is very good haha
I haven't played that in a very long time, I bet your good!
  • #410
  • Oct 20, 2009 4:43pm Oct 20, 2009 4:43pm
45Fxguy
I was probably out of place with my remarks anyway but I will have a look at synergy too! I think Lou is right though - this is a generic Renko thread and all ideas are welcome. I was just a bit disappointed that we had veered away from what - for me - was appearing to be a nice simple strategy and worth developing with some tweeks and caresses. When it all boils down, we would all love to find the grail and ride off into the sunset with pockets full of our FX gains. There are still a lot of rocks to look under!! and great ideas will continue to flow while the likes of Swingman have access to a computer and the internet!! If you read this SM - keep up the good work, we all love and appreciate your work.

Have a good day all. I'm off to play golf. Its a typically beautiful day here on the Sunshine Coast of Queensland - God's country.
K
  • #411
  • Edited 7:44pm Oct 20, 2009 5:31pm | Edited 7:44pm
Quoting scartree
45Fxguy
I was probably out of place with my remarks anyway but I will have a look at synergy too! I think Lou is right though - this is a generic Renko thread and all ideas are welcome. I was just a bit disappointed that we had veered away from what - for me - was appearing to be a nice simple strategy and worth developing with some tweeks and caresses. When it all boils down, we would all love to find the grail and ride off into the sunset with pockets full of our FX gains. There are still a lot of rocks to look under!! and great ideas will continue...
Looks like a great place to live & play golf.
http://everydayexplorers.nationalgeo...mediaid=407843
I agree, SM even has a good dashboard I should take another look at.
I wish I could forward/backtest on renko charts quicker, but to answer your other question, the best system/indi I've found to date is a simple universal ma cross ea. Pretty clean chart, except for that little smiley face.
Doesn't look very interesting does it?
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  • #412
  • Edited Oct 21, 2009 12:20am Oct 20, 2009 11:53pm | Edited Oct 21, 2009 12:20am
very helpful...lets you see candle pattern and higher frame. dont really need HA now i think. im give this try for a little while....you can see PA a lot in this now and eliminate fake out all by yourself. also better SnR knowledge and renko just clean PA to understand it more
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 Stratman_MiniChart_v12.ex4   37 KB | 826 downloads
  • #413
  • Oct 21, 2009 12:25am Oct 21, 2009 12:25am
Quoting xBweNx
very helpful...lets you see candle pattern and higher frame. dont really need HA now i think. im give this try for a little while....you can see PA a lot in this now and eliminate fake out all by yourself. also better SnR knowledge and renko just clean PA to understand it more
Hey Xbwenx..thanks for this indi,it's really helpful.What setting do you use?..i try to load it on my chart but it take up alot of space.Thanks again
  • #414
  • Oct 21, 2009 12:29am Oct 21, 2009 12:29am
i changed corner Y to 10 and changed the timeframes everything else should be default. Im going to try this out with and without some indicator. I want renko to be more about PA as this what it is trying to do
  • #415
  • Oct 21, 2009 1:16am Oct 21, 2009 1:16am
45Fxguy - thanks for the vid on the Sunshine Coast. Not all of the ladies are as attractive as Amelia but some of her facts are wonky. She didn't even mention the southern end of the coast where I live at Pelican Waters/Caloundra. Noosa is a tourist destination but not for the permanent inhabitants thanks! There is a slogan - "beautiful one day, perfect the next". Weather-wise thats almost got it right.
Regards karl
  • #416
  • Oct 21, 2009 6:45am Oct 21, 2009 6:45am
Last 4 trades where succesful, always trading between pivots, SL 30
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  • #417
  • Oct 21, 2009 8:13am Oct 21, 2009 8:13am
Bali2002 can you post please your sup,res indicator ?


This is zerg rush ,good setup
Attached Image
"Buy on fear, sell on greed !!!
  • #418
  • Oct 21, 2009 8:29am Oct 21, 2009 8:29am
updated chart.
cci12
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  • #419
  • Oct 21, 2009 8:51am Oct 21, 2009 8:51am
Ahaha yesterday before shool today after school 35 plus on EURUSD for 10 minutes - ZERG RUSH SETUP haha
Attached Image(s) (click to enlarge)
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"Buy on fear, sell on greed !!!
  • #420
  • Oct 21, 2009 9:23am Oct 21, 2009 9:23am
It's the PivotsPoints_v1.0 and PivotMlevels_v1.0

you can find them both on the attachments area of this thread

Quoting Petar_Serbia
Bali2002 can you post please your sup,res indicator ?


This is zerg rush ,good setup
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