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Renko Trading For Gamers (RTFG)

  • #281
  • Dec 29, 2009 7:59am Dec 29, 2009 7:59am
What did he say? Can anyone explain the below? Even a sentence or two?

Quoting Petar_Serbia
First of all, a big greeting to all the people on this forum !!!


And now I have to thank all the people who have invested effort, time, working around Renko and developing it > EllisEdi, LastViking, Lou G.,45FxGuy, xBweNx and many others (Thanks guys)

I'm Petar and I decided to open this topic with 45FxGuy to make a Forex easier.I am just Renko tester and exp. Trader,and I think that Renko the best method for Psyche. There are a lot traders who lost a lot of nerves and health for every pip up or down ! Why ?
People understand...
  • #282
  • Dec 29, 2009 8:32am Dec 29, 2009 8:32am
Quoting Dreamliner
What did he say? Can anyone explain the below? Even a sentence or two?
"I think that Renko the best method for Psyche.", think he means renko charts are best psychologically, maybe because it removes noise you see on time based charts, so S/R levels are much easier to identify.
  • #283
  • Dec 29, 2009 8:56am Dec 29, 2009 8:56am
Quoting 45Fxguy
"I think that Renko the best method for Psyche.", think he means renko charts are best psychologically, maybe because it removes noise you see on time based charts, so S/R levels are much easier to identify.
Yea i mean best method for Psyhologically...Sory for my bad english (english dont my mother lan...
"Buy on fear, sell on greed !!!
  • #284
  • Edited 10:09am Dec 29, 2009 9:49am | Edited 10:09am
Still waiting .

Having to go almost indi free again, something in mt4 keeps maxing out my cpu to 100%, haven't quite figured out what's causing it yet.

Think maybe it's the p&f indi I had on 1 hr chart, was removing one indi at a time to find cause & watching terminal.exe under "Processes" tab under "Windows Task Manager".
At least now I know how to find indis now that don't work well on my old pc.
Attached Image (click to enlarge)
Click to Enlarge Name: still waiting for break below 1.5980.gif Size: 14 KB
  • #285
  • Dec 29, 2009 9:53am Dec 29, 2009 9:53am
I had trade the GU
Sell @ 1.5979 SL @ 1.6008
TP @ ???

Waiting for the big fish...

You can,We do...

LOL....
  • #286
  • Dec 29, 2009 9:57am Dec 29, 2009 9:57am
Quoting chemfly
I had trade the GU
Sell @ 1.5979 SL @ 1.6008
TP @ ???

Waiting for the big fish...

You can,We do...

LOL....
Hehhe yea i took GBPUSD sell...That is last trade this year for me

30 TP 30 SL who wants to trade for huge gain,put SL on +1 wait for macd to exit ...
"Buy on fear, sell on greed !!!
  • #287
  • Dec 29, 2009 10:00am Dec 29, 2009 10:00am
Quoting chemfly
I had trade the GU
Sell @ 1.5979 SL @ 1.6008
TP @ ???

Waiting for the big fish...

You can,We do...

LOL....
chemfly,
What'd you take your signal from?
  • #288
  • Dec 29, 2009 10:00am Dec 29, 2009 10:00am
This is the chart >
Attached Image (click to enlarge)
Click to Enlarge Name: gpsfgsafasfsaf.gif Size: 24 KB
"Buy on fear, sell on greed !!!
  • #289
  • Dec 29, 2009 10:06am Dec 29, 2009 10:06am
Quoting 45Fxguy
chemfly,
What'd you take your signal from?
Here is my trade pic....



Now,closed it @ 1.5940
about +40 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gu-sell.jpg Size: 44 KB
  • #290
  • Dec 29, 2009 10:15am Dec 29, 2009 10:15am
Quoting Petar_Serbia
This is the chart >
This was quick 30 +

As i said who wants to falow trade put +1 and wait macd...I cant do that i must go to the bus...
Attached Image (click to enlarge)
Click to Enlarge Name: cheers.gif Size: 23 KB
"Buy on fear, sell on greed !!!
  • #291
  • Dec 29, 2009 10:15am Dec 29, 2009 10:15am
Thank's Chemfly,
Here's mine, was wondering if you were doing something else.
Attached Image (click to enlarge)
Click to Enlarge Name: still waiting for break below 1.5980 no more.gif Size: 14 KB
  • #292
  • Dec 29, 2009 10:23am Dec 29, 2009 10:23am
Quoting 45Fxguy
Thank's Chemfly,
Here's mine, was wondering if you were doing something else.
here's mine....

Let's waiting for next....
Attached Image
  • #293
  • Dec 29, 2009 10:39am Dec 29, 2009 10:39am
Excellent stuff fella's. I've got to find me some time to do some good back testing of petar's system. I'm very impressed so far

Petar,
Have you found that the MACD turn-around works as a good TP trigger?

Have you done any testing to work out what % of trade triggers turn into winner/losers?

I will review the charts myself and come to my own conclusions but if you have done some back testing yourself, it would be good to know what you have found.

Cheers,
  • #294
  • Dec 29, 2009 10:57am Dec 29, 2009 10:57am
Quoting Moxy_UK
Excellent stuff fella's. I've got to find me some time to do some good back testing of petar's system. I'm very impressed so far

Petar,
Have you found that the MACD turn-around works as a good TP trigger?

Have you done any testing to work out what % of trade triggers turn into winner/losers?

I will review the charts myself and come to my own conclusions but if you have done some back testing yourself, it would be good to know what you have found.

Cheers,
Look Moxy,

As i said on first post,i tested 2 motnhs on live acc and works very good on GBPUSD and EUJRPY i didnt want to test on many pairs,Mihailo will test on others,he told me also working good...

About MACD > Sometimes is good to falow your trade that mean dont take 1:1 RRR and waiting for macd to exit ...In this case trend is sell you waiting for macd to back above White moving average....See picture,you should still on sell trade,when you see macd back above MA,close your trade...

Again i wish you many many pips i wont be at home 10 days...Post your chart results,opinions etc...

Cheers and Take care

Petar (Serbia)

Picture worth 100000 words >
Attached Image (click to enlarge)
Click to Enlarge Name: 100pips.gif Size: 26 KB
"Buy on fear, sell on greed !!!
  • #295
  • Dec 29, 2009 11:27am Dec 29, 2009 11:27am
Quoting Moxy_UK
Excellent stuff fella's. I've got to find me some time to do some good back testing of petar's system. I'm very impressed so far

Petar,
Have you found that the MACD turn-around works as a good TP trigger?

Have you done any testing to work out what % of trade triggers turn into winner/losers?

I will review the charts myself and come to my own conclusions but if you have done some back testing yourself, it would be good to know what you have found.

Cheers,
this will work on any pair i been trading this for 6month or so on pair that have spread under 6. If you wait for MACD to cross you could loose out on trades.
  • #296
  • Dec 29, 2009 11:34am Dec 29, 2009 11:34am
well guys im back into trading renko little more now and EU/GU took dive this morning. Ill be posting my live trades again. I may give delta a try also.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gu.gif Size: 24 KB
  • #297
  • Dec 29, 2009 11:45am Dec 29, 2009 11:45am
Maybe is beginners luck but...
Attached Image (click to enlarge)
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  • #298
  • Dec 29, 2009 11:49am Dec 29, 2009 11:49am
Quoting Mihailo
Maybe is beginners luck but...
good job! this system is very easy to understand with basic trend and SnR knowledge. I have at most 3-5 loses per month and its very minimal compared to the amount of wins i get
  • #299
  • Dec 29, 2009 11:50am Dec 29, 2009 11:50am
Quoting Mihailo
Maybe is beginners luck but...
What are you using for entry and exit rules? Also, what are your take profit and stop loss?
  • #300
  • Dec 29, 2009 11:52am Dec 29, 2009 11:52am
Quoting xBweNx
good job! this system is very easy to understand with basic trend and SnR knowledge. I have at most 3-5 loses per month and its very minimal compared to the amount of wins i get
There are some of us who cannot understand the writing, could you explain this system in clear terms? Such as:

1. Wait for MACD to cross white line.
2. Next...
3. Next..
4. etc.

Thank you.
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