Renko Trading For Gamers (RTFG) | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Renko 1,136 replies

RENKO Trading SYSTEM - RENKO Indicators 7 replies

New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies

Market Makers or Market Gamers? 0 replies

Renko Trading Journal 28 replies

Attachments: Renko Trading For Gamers (RTFG)
Exit Attachments

Renko Trading For Gamers (RTFG)

  • #241
  • Dec 22, 2009 9:20pm Dec 22, 2009 9:20pm
Quoting sam69
hi petar,
thanks for explaining,i didnt found your delta indi,could you please attach it, and the settings please,thanks!
Yea i forgot to upload > Added on post 237


Cheers and Happy piping
"Buy on fear, sell on greed !!!
  • #242
  • Edited 6:55am Dec 23, 2009 6:42am | Edited 6:55am
Morning guys,

Still we have same Boxes on GBPUSD and EURJPY,very flat now...


This the charts >
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 25 KB
Click to Enlarge Name: eurooooo.gif Size: 25 KB
"Buy on fear, sell on greed !!!
  • #243
  • Dec 23, 2009 8:57am Dec 23, 2009 8:57am
Ok ready for buy



Just wait to candle close above high,i put pending order..
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyyyy.gif Size: 25 KB
"Buy on fear, sell on greed !!!
  • #244
  • Dec 23, 2009 9:28am Dec 23, 2009 9:28am
Just an idea, but maybe a simpler way to see your pandor's box is to use a on chart point&figure boxes on the 1 min chart. See how it nails the upper resistance number with p&f set at 10.
Don't mean to distract from your idea, but they both seem similar to me.
Attached Image (click to enlarge)
Click to Enlarge Name: point and figure on the 1 min chart.gif Size: 14 KB
Attached File(s)
File Type: ex4 Point&Figure.ex4   6 KB | 476 downloads
  • #245
  • Dec 23, 2009 10:19am Dec 23, 2009 10:19am
Quoting 45Fxguy
Just an idea, but maybe a simpler way to see your pandor's box is to use a on chart point&figure boxes on the 1 min chart. See how it nails the upper resistance number with p&f set at 10.
Don't mean to distract from your idea, but they both seem similar to me.
Good idea but that is not same as my princip,that is diferent way but you can test that idea if you like...

Box is still same for GBPUSD and for EURJPY

I put both pendings >
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpycure.gif Size: 24 KB
Click to Enlarge Name: gbpcure.gif Size: 26 KB
"Buy on fear, sell on greed !!!
  • #246
  • Edited 11:37am Dec 23, 2009 10:38am | Edited 11:37am
Starting to inch up above your line now at least with MetaTrader FOREX Ltd..

I still have the xB / pandor's box template on the 10 pip renko bricks, & the p&f indi on the same 1min chart as the renko chart making ea.

But it also reminds me of the JL lines found in this old five star thread: http://www.forexfactory.com/showthread.php?t=11307

A little surprised but think the JL lines work on renko charts too, which also nailed the 131.07 resistance line.
Now the price keeps bumping it's head up against the purple line at 131.25.

Also watching the PA on this 5 min chart with jl lines etc.
Attached Image (click to enlarge)
Click to Enlarge Name: ! # aaa renko macd for 5 min.gif Size: 30 KB
  • #247
  • Dec 23, 2009 11:24am Dec 23, 2009 11:24am
Petar,45Fxguy,
Thanks your hard work

Which broker use?
  • #248
  • Dec 23, 2009 11:39am Dec 23, 2009 11:39am
Quoting chemfly
Petar,45Fxguy,
Thanks your hard work

Which broker use?
I'm trying same one Petar uses I think.

Was having data feed trouble from old one.

MetaTrader FOREX Ltd..

http://www.forexltd.co.uk/

Here's how it looks again on 1 min p&f chart.
Attached Image (click to enlarge)
Click to Enlarge Name: point and figure on the 1 min chart 2.gif Size: 22 KB
  • #249
  • Dec 23, 2009 11:45am Dec 23, 2009 11:45am
Quoting 45Fxguy
I'm trying same one Petar uses I think.

Was having data feed trouble from old one.

MetaTrader FOREX Ltd..

http://www.forexltd.co.uk/

Thanks ...
The different brokers ,different candles
4 digits VS 5 digits
WOW....too much risk...
  • #250
  • Dec 23, 2009 11:47am Dec 23, 2009 11:47am
Quoting chemfly
Thanks ...
The different brokers ,different candles
4 digits VS 5 digits
WOW....too much risk...
Hey chemfly,
How do you mean, "too much risk"?
Please explain.

My demo test trade was only a few pips from my tp, the market a real challenge today with the holidays.
I closed only 2 pips profit, high I think was about 10 plus spread about 13 with this broker, market still ranging too much today I think.
I may try again later, go catch up on Mafia wars etc, yes I'm sill a MW addict.
I may post a screen shot of some of my weapons later.
  • #251
  • Dec 23, 2009 11:56am Dec 23, 2009 11:56am
Quoting 45Fxguy
Hey chemfly,
How do you mean, "too much risk"?
Please explain.

My demo test trade was only a few pips from my tp, the market a real challenge today with the holidays.
my mean ，the 10pips-renko-canldes on different brokers is not same
so,must use the same brokers to set this system....

sorry for my poor ENGLISH
  • #252
  • Dec 23, 2009 12:00pm Dec 23, 2009 12:00pm
good job Petar. People need to understand that renko still has SnR just easier to spot than on normal chart.
  • #253
  • Edited 6:08pm Dec 23, 2009 12:04pm | Edited 6:08pm
Quoting chemfly
my mean ，the 10pips-renko-canldes on different brokers is not same
so,must use the same brokers to set this system....

sorry for my poor ENGLISH
I'm from Texas so my English ain't too great either so don't worry about it.

I don't think you really have to but I want my charts to look as much like Petar's as possible is all. I did see major differences between my screen shoots & Petar's when using old broker. I'll leave that one up to you to decide.
  • #254
  • Edited 12:33pm Dec 23, 2009 12:19pm | Edited 12:33pm
Quoting 45Fxguy
I'm from Texas so my English ain't too great either so don't worry about it.

I don't think you really have to but I want my charts to look as much like Petar's as possible is all. I did see major differences between my screen shoots & Petar's when using old broker. I'll leave that one up to you to decide.

I will test this system on the different brokers，4 and 5 digits brokers
Because more brokers use the 5 digits


The different spreads can give u different canldes also....
  • #255
  • Dec 23, 2009 12:35pm Dec 23, 2009 12:35pm
Think I started playing right before last Halloween but don't have the exact date. That may explain the vampire teeth and treat bags etc in my weapons inventory.
I'd invite you guys into my mafia again if you played but I'm near 500 members now & don't know if I can let more in than that yet.
Yall have fun now, you hear... You know what they say about all work & no play.
Attached Image (click to enlarge)
Click to Enlarge Name: some of 45fxguys mw weapons.jpg Size: 67 KB
  • #256
  • Dec 23, 2009 1:42pm Dec 23, 2009 1:42pm
Petar's variation of xB's method also reminded me of inside bar trading which is what's on this daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: jumped in one more time.gif Size: 27 KB
  • #257
  • Dec 23, 2009 2:36pm Dec 23, 2009 2:36pm
Quoting 45Fxguy
I'm from Texas so my English ain't too great either so don't worry about it.


texas all the way DFW!
  • #258
  • Dec 23, 2009 6:07pm Dec 23, 2009 6:07pm
Quoting xBweNx
texas all the way DFW!
lol

Guys just trade with discipline and dont open trade if you dont see HIgh and low,if you dont have formed High and low just wait to finish high and low...Also trade with 2 % risk and good RRR...

On this week i am about 350 + pips with this simple and i think very powerful method...As i said on first post this is good system becouse you clrearly can see flat market and no trade condition...

Today i took 35 pips on eurjpy (buy trade),GBPUSD still in box

I closed my eurjpy becouse i put fix SL and TP,i wasnt at home but you can also falow your trade,when you in plus 25,30 (put SL on +1) and wait for MACD to confirm EXIT...


THis is the 2 charts >
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurosfini.gif Size: 25 KB
Click to Enlarge Name: gbpusdstill.gif Size: 26 KB
"Buy on fear, sell on greed !!!
  • #259
  • Dec 23, 2009 7:11pm Dec 23, 2009 7:11pm
Quoting chemfly
I will test this system on the different brokers，4 and 5 digits brokers
Because more brokers use the 5 digits


The different spreads can give u different canldes also....
I use Forex Meta for my charts and i have litle lag but its ok,usualy works good...

Cheers
"Buy on fear, sell on greed !!!
  • #260
  • Dec 23, 2009 7:27pm Dec 23, 2009 7:27pm
Sir,
How much time take to close Renko M2 Candile?

Happy Holidays...
6 traders viewing now