Renko Trading For Gamers (RTFG)

your account just keep on growing

what setup are you using now?

If you will share your setup soon we would love to help test it
and give suggestions as well to help develop further

Anyway, seriously love to check it out and contribute.

Brian

I have trouble with renko charts. They have worked fine but now they are all messed up. Some of them don't want to refresh and even after I press the refresh on the chart nothing is happening (I have checked and the date is that of yesterday). The charts simply disappear sometimes when I open the MT4 and have to set them all again. And some charts look just simply weird (on picture)

What is happening?

I think you need to find & delete the offline charts your having trouble with & start over, scroll back several screens/days on 1 min chart reinstall the ea, just like the 1st time you started renko charts. I forget where mt4 stores offline charts, but see if i can find the folder again.
Are you letting the ea generate the renko charts 24/6 or closing & opening the offline charts often?
You can temporary store files in the recycle bin, just don't empty it until your sure you've found & deleted the correct files.
Not sure how well that will work if your using Window's Vista, should work with XP.

Think I found the path to the folder where the chart files are stored.

Crogram Files/YourBrokerName Trader 4/history/YourBrokerName-Demo
Don't delete any of the regular timed charts look for the ones like M2 that you used to create the Renko charts on.
Here's an example:
If i need to delete bad renko data chart I'd delete the ones highlighted.
EURJPY2.hst
EURJPY3.hst
EURJPY6.hst
Since I know those are the fake timeframes I used to created renko offline charts on.

If that doesn't work out for you try a different demo broker, or get the commercial version of renko for mt4.

Lets play some games and trade Renko (mesage for all)


Here is new information

Capcom IR release an updated list of game titles that have shipped over 1 million units worldwide, here is a list of the current consoles and portables.

Resident Evil 5 (PS3/360) - 5.2 millions
Street Fighter IV (PS3/360) - 2.7 millions
Devil May Cry 4 (PS3/360) - 2.4 millions
Devil May Cry (PS2) - 2.16 millions
Resident Evil 4 (PS2) - 2.1 millions
Onimusha: Warlords (PS2) - 2.02 millions
Onimusha 2: Samurai's Destiny (PS2) - 1.99 millions
Devil May Cry 2 (PS2) - 1.7 millions
Resident Evil 4: Wii Edition (Wii) - 1.6 million
Dead Rising (360) - 1.6 million
Onimusha 3: Demon Siege (PS2) - 1.52 million
Lost Planet (360) - 1.5 million
Resident Evil Outbreak (PS2) - 1.45 million
Resident Evil Code Veronica X (PS2) - 1.4 million
Devil May Cry 3 (PS2) - 1.3 million
Resident Evil: Umbrella Chronicles (Wii) - 1.2 million
Monster Hunter 3 (Wii) - 1.1 million

Feel free to post your ideas and your trades on Renko

Cheers

XbenX ,

I and 45Fxguy still test some setups and still looking for simple and profitable Renko setups...Also i must say your template with Macd-rsi is very good on M3.


Here is pictures >

Dragokin>
This post should help if you or anyone else is still having trouble creating renko charts within mt4.
http://www.forexfactory.com/showpost...&postcount=395

You've probably seen this phrase around the forex-related forums and training courses many times: "keep a trading log!".
It's stated many times in many different places because it really is VERY IMPORTANT!!! Keeping an accurate and up-to-date trading log can make an INCREDIBLE difference to your trading success rate - the importance of it cannot be underestimated.

There are many reasons for keeping a trading log and good trading records ... some of which are:

- So that you become accountable for your own trades

- So that you can go back and analyze the trades that you've made in the past - both the good and the bad trades.

- To improve your trading discipline

- Trading should be treated as a serious business activity, and any business activity should be properly recorded.


Cheers


Greg

Hmm i think i didnt fuly understand the point ...Also i must say for this

Trading should be treated as a serious business activity,that is wrong for RTFG...You must undestand Forex like a game becouse Forex is one big game and you must play with good joypad and play with good strategy also you must practice and practice many months to be continuatly profitable.I am trader long and i didnt lost any cent for 2 years...I trader many strategy but i earned most of my own strategies.

Look 11th grade babypips >

Let’s get into our favorite part of trading…creating your own trading system!

If you do a simple search in Google for “Forex trading systems” you'll find many many many people out there who claim to have the “Holy Grail” system that you can purchase for “only” a few thousand dollars.

These systems supposedly make thousands of pips a week and never lose. They will show you supposed “results” of their perfect system and it will make your eyeballs turn into dollar signs as you sit there and say to yourself, “Wow I can make all this money if I just give this guy $3,000. Besides, if his system making thousands of pips a week, I’ll be able to make my money back in no time.”

Slowww down cowboy. There are some things you should know before you give them your credit card number and make that impulse buy.

The truth is that many of these systems DO in fact work. The problem is that traders lack the discipline to follow the rules that go along with the system.

The second truth (there's such thing as a second truth?) is that instead of paying thousands of dollars to buy a system, you can spend your time developing your own system for free, and use that money you were going to spend as capital for your trading account.

The third truth is that creating systems is not even that difficult. What is difficult is following the rules that you set when you do develop your system.

There are many articles that sell systems, but we haven’t seen any that teach you how to create your own system. This lesson will guide you through the steps you need to take to develop a system that is right for you. At the end of the lesson, we will give you an example of a system that we trade just so we can show you how awesome we are! (Insert evil laugh here.)

For the end you are welcome on this RTFG thread and my advice is play some good games and trade on Forex and try to earn some money


Cheers

Game for Sutarday


F-Zero is a futuristic racing video game developed and published by Nintendo for the Super Nintendo Entertainment System (SNES). The game was released in Japan on November 21, 1990, in North America on August 13, 1991, and in Europe on June 4, 1992. The title was downloadable over the Nintendo Power peripheral in Japan and was also released as a demo onto the Nintendo Super System in 1991. F-Zero is the first game of the F-Zero series and was one of the two launch titles for the SNES in Japan, but was accompanied by additional initial titles in North America and Europe.In late 2006, F-Zero became available for the Virtual Console service on the Wii.

For Sutarday relax i advice you to play this real good game


One information for trading part..We still test many diferent setups and diferent template and looking for best one...YOu just keep trade with Renko and keep to post your ideas and your Renko trades,systems...


Cheers

Good Week

Hi Greg,
Although I don't always agree with guys with 'reg' in their names, I think keeping detailed notes on paper or an online trade journal is a very good practice, & I often do it myself especially when working on a new trading strategy.
For those whom haven't noticed yet, the comment box when you enter a trade is also a great place to make a quick note to yourself &/or for others later on about a trade especially when it's different from something that you ordinarily do.
However you do need to check the view comments section in MT4 account history to view those comments, but it will also show up when you save a detailed report of your trades.
I also should point out there are quite a few gamers as well as professions sports players who treat their games very much like businesses. A few names that come to mind Trigger woods, Michael Jordan, Garry Kasparov, Terry Bollea, as well as Pro video gamer player Johnathan "Fatal1ty" Wendel.
Don't think you can get much more serious than these guys about games, &/or their businesses.

Hello traders and gamers new week coming

I will start test new Renko princip this week also i test others setups to see wich is the best,i took just EURUSD and +50 fo this week

P.S. 45Fxguy post game od the day i am busy with school

Thanks, but I have to put mafia wars up as game of the day.
I'm very surprised how addictive this game is with the very low graphic interface that it uses. I've been playing it off & on all weekend.
Check out my property income every three hours now. $200k+, wish I could do that in fx in real life. lol
Now almost to level 30, but think maybe the best strategy to use in this game may be to build up properties & incomes from them as much & as early as possible to support more weapons etc, and finish all jobs and master each to the max along the way. Focus much less on leveling up quickly which just attracts more attackers, & you end up wasting money trying to just survive attacks.
Although it doesn't really hurt if you die, since you have more lives than a cat in this game.

I think all we may really need to trade renko 10 pip bricks are two psars one set at (.3 other .2) & use a different color for each.
when ranging you may see one on top & one on bottom, but
when not ranging & trending they will be on same side.
A possible entry signal is when both psar's are on same side
maybe only 1 indicator with two setting shows it all
when momentum starts to pip up the space between the two psar's starts to
widen.
When a brick crashes into the one of the psar depending on direction of trend, psar at .03, .3 the green one, or the magenta psar is set to .02 step & .2 max then that's the exit signal. A potential very simple but effective setup I think, but we still need to foward test it as usual.
1st screen shot is to compare xB rsi & macd setup with the psars signals, plus a new ma cross i'm testing on 10 pip renko charts.
2nd screen shot is the psars with fractals.
Can't take full credit for these psar settings part of which I obtain from another website that discusses trading on renko charts.
The other three indicators, candle color, snake meter, 3 ducks, i'm using just to see if I'm trading with the longer trends, but those I think maybe optional.

Game on!

PS:
If you want a little extra insurance try adding a third psar set to Step: 0.01, .1 Max, & set color to gold on this background, & follow same rules a stated above.

Hello all,

Here is new informations about games

Here are the preliminary console software sales in Japan for the week of November 8: (Souce: VGChartz):

World Soccer Winning Eleven 2010 (PS3, Konami) - 211,000
Tamodatchi Collection (NDS, Nintendo) - 89,000
Wii Fit Plus (Wii, Nintendo) - 40,000
Persona 3 Portable (PSP, Atlus) - 40,000
Pokemon Soul Silver (NDS, Nintendo) - 35,000
Summon Night X (NDS, Namco Bandai) - 30,000
Hikari no 4 Senshi: Final Fantasy Gaiden (NDS, Square Enix) - 28,000
Pokmeon Heart Gold (NDS, Nintendo) - 25,000
Mario & Sonic at Winter Olympics (Wii, Sega) - 26,000
Bayonetta (PS3, Sega) - 24,000
Wii Sports Resort (Wii, Nintendo) - 23,000
Wii Fit Plus w/ Balance Board (Wii, Nintendo) - 20,000
Infamous (PS3, Sony) - 16,000
Tekken 6 (PS3, Namco Bandai) - 13,000
3D Dot Game Heroes (PS3, From Software) - 11,000
Dissidia: Final Fantasy Universal Tuning (PSP, Square Enix) - 11,000

I dont know what to play to many good games !

My post for the day.
Here's how the three PSARs look together on Renko.
Maybe another alien from starcraft?

PS:
Whenever you find the time Petar, can you test these other HA's on renko?
The one in this screen shot is the DM version.
You may find better settings for one of these than one that comes with your default mt4 version.

hi guys,

im new to this thread and i have just downloaded the version of XBweNX from post#4,can i trade it on normal TF like 5/15M?,i will demo it awhile,btw. what is the current version (and easiest for newbies like me)?

many thanks in advance!

need M1 timeframe for EA so a more accurate reading of price action. and EA is currently 3.2

hopefully everyone doing good. I have not traded in a while due to school and studying. right now i am on demo testing out a 5pip renko ill let you know how it goes

Ok, just one more post today.
This one is with the HA DM again.
Think this screen shot shows the sideway ranging market right now pretty well, with 2 of the 3 psars with dots on opposite sides of the candles, and with the ha dm candles alternating colors, and very short candle bodies, with the long thin wicks.
Notice how the 3 ducks agrees with Snake?
When all the candle color bars agree too think it may eventually go south in a big way.