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Renko Trading For Gamers (RTFG)

  • #661
  • Feb 24, 2010 1:54am Feb 24, 2010 1:54am
Quoting Petar_Serbia
Yep my friend,that is good


Cheers
Petar, what does those letters and numbers mean on colored macd? Thanks
  • #662
  • Feb 24, 2010 4:45am Feb 24, 2010 4:45am
Quoting Saintsurfer
Petar, what does those letters and numbers mean on colored macd? Thanks
Look for MACD Colored Indicat..pdf under the paper clip on 2nd page if you hide all images.
  • #663
  • Feb 24, 2010 5:14am Feb 24, 2010 5:14am
Quoting 45Fxguy
Look for MACD Colored Indicat..pdf under the paper clip on 2nd page if you hide all images.
Thank you man
  • #664
  • Edited 5:41am Feb 24, 2010 5:25am | Edited 5:41am
Quoting Saintsurfer
Thank you man
Your welcome, you'll probably notice a link in the pdf file to a website with another link to the thread back on ff where an old beta commercial system was being built around the idea, I just subscribed to the thread, but hadn't read much of it yet.
Was just looking at the indi again & looks to me like the VT & VB are best on 4 hr charts, not so much so on renko charts because the price action is smoothed out too much to be effective is why I guess most renko traders ignore this alert or just leave it turned off.
I use both renko & timed charts, so will try to keep an eye on it's 4hr alerts too.
Attached Image (click to enlarge)
Click to Enlarge Name: macd color usdjpy 4hr.gif Size: 53 KB
  • #665
  • Edited 10:52am Feb 24, 2010 10:12am | Edited 10:52am
hey petar and 45Fxguy check your PM when you can
  • #666
  • Feb 25, 2010 8:53am Feb 25, 2010 8:53am
I could not attach RenkoLiveChart_v3.2.ex4 to my chart

so i do not have M2 chart

whats wrong with it please tell me.

Thanks
  • #667
  • Feb 25, 2010 10:20am Feb 25, 2010 10:20am
Hey 45fx and others,
A little off topic here. Do you have experience with using probability meter indicators? I'm looking for a good free one to minimise whipsaw for a strategy I'm testing in conjuction with Petar's pandora box method . Hope you can recommend a good one that doesn't drain the cpu resources either.

Much appreciated,
P07
  • #668
  • Feb 25, 2010 2:50pm Feb 25, 2010 2:50pm
Quoting Pipster007
Hey 45fx and others,
A little off topic here. Do you have experience with using probability meter indicators? I'm looking for a good free one to minimise whipsaw for a strategy I'm testing in conjuction with Petar's pandora box method . Hope you can recommend a good one that doesn't drain the cpu resources either.

Much appreciated,
P07
I haven't used it in a while, not sure if anything can really minimize whipsaws other than avoid trading during the news, or use those whipsaws to your advantage:

http://newsprofiteer.com/forex-news-trading.html

Henry had or has a free currency strength meter that runs under windows so doesn't use up your cpu resources, http://www.currencystrengthmeter.com/ .
You'll have to watch his videos to learn how to install, & use it.
  • #669
  • Feb 25, 2010 2:52pm Feb 25, 2010 2:52pm
Quoting wajid
I could not attach RenkoLiveChart_v3.2.ex4 to my chart

so i do not have M2 chart

whats wrong with it please tell me.

Thanks
Is it in your expert's folder, try to attach as an ea, & open the offline 2 min chart?
  • #670
  • Feb 26, 2010 4:01am Feb 26, 2010 4:01am
Quoting 45Fxguy
Is it in your expert's folder, try to attach as an ea, & open the offline 2 min chart?

Thanks brother

I was trying to use it as indicator now it works fine as EA.
  • #671
  • Feb 26, 2010 8:23am Feb 26, 2010 8:23am
POBEDA working good today GBPUSD +100
thanks 2 all
  • #672
  • Feb 26, 2010 9:19am Feb 26, 2010 9:19am
Quoting 45Fxguy
I haven't used it in a while, not sure if anything can really minimize whipsaws other than avoid trading during the news, or use those whipsaws to your advantage:

http://newsprofiteer.com/forex-news-trading.html

Henry had or has a free currency strength meter that runs under windows so doesn't use up your cpu resources, http://www.currencystrengthmeter.com/ .
You'll have to watch his videos to learn how to install, & use it.
Hi 45fx,
I have that meter already from Henry. I was thinking more of something that would display the probability of going short or long at any particular time. I've seen some in forums but have not personally tried any. Just wondering if you have any experience with such meters.

Thanks
  • #673
  • Feb 26, 2010 9:49am Feb 26, 2010 9:49am
Quoting mistersimple
POBEDA working good today GBPUSD +100
thanks 2 all
Hi Petar,
What do you use for exit of POBEDA trades? Is is still a fixed TP?

Regards
  • #674
  • Feb 26, 2010 10:28am Feb 26, 2010 10:28am
Quoting mistersimple
POBEDA working good today GBPUSD +100
thanks 2 all
hi friend mistersimple

it will be help full for all if you can post your chart.

Regards.
  • #675
  • Edited 4:35pm Feb 27, 2010 3:52pm | Edited 4:35pm
it was not 3 candles with NO weak..but it made profit anyway//
i am using smooh MA 5 instead of EMA15
entry: at first candle body cross by more than half..
exit and reverse: first candle full body above/below // alternative use Delta...
if you re not sure dont trade if not above/below the 'tunnel'

will try to post next trade live here u ll see

pandora workin good also ...
  • #676
  • Feb 27, 2010 5:02pm Feb 27, 2010 5:02pm
Quoting Pipster007
Hi Petar,
What do you use for exit of POBEDA trades? Is is still a fixed TP?

Regards
Look,

i work other method for long term (private strategy) this both method is test phase and you can improve both as you like.

I dont have time to work with Pandoras Box but will try to improve for you

Cheers
"Buy on fear, sell on greed !!!
  • #677
  • Feb 27, 2010 11:28pm Feb 27, 2010 11:28pm
petar, please if there is a way to improve the Pandora Box Method please do so
.Many of us your friend here will appreciate it so much.
Thanks
  • #678
  • Feb 28, 2010 5:51pm Feb 28, 2010 5:51pm
Quoting paulson
petar, please if there is a way to improve the Pandora Box Method please do so
.Many of us your friend here will appreciate it so much.
Thanks


Hi paulson i will but i dont have time to do that now...I worked on other tehniqe with Renko i called that tehnique PIPS Cleaner..


I will post on next post indi and tehnique...



Cheers
"Buy on fear, sell on greed !!!
  • #679
  • Feb 28, 2010 6:01pm Feb 28, 2010 6:01pm
Hello everyone i create another tehnique to trade with a Renko chart.I called tehniqie

PIPS CLEANER


IN this tehnique i use 2 indicators and one is choisible...I use Trend Magic and Round NE indicator.Combinaotion is very good and clearn.

BUy position - Just if Trend Magic line is above Price NE (3 lines) and buy just when Trend Magic in up side no in flat mode....

Sell position - If trend Magic below Price NE and in down side

For TP and SL you can use whatever you want you can try with 30 SL and 30 TP or whaterver you like..I didnt test much becouse i am very busy but you can try on demo and try see wich i TP and SL is best...

Also when you see Trend Magic is in Horisontal position stay away from market


Chatrs looks like this >
Attached Image(s) (click to enlarge)
Click to Enlarge Name: newsetup.gif Size: 47 KB
Click to Enlarge Name: newsetup2.gif Size: 52 KB
Click to Enlarge Name: newsetup3.gif Size: 48 KB
"Buy on fear, sell on greed !!!
  • #680
  • Feb 28, 2010 6:12pm Feb 28, 2010 6:12pm
This are indicators and template





Enjoy
Attached File(s)
File Type: mq4 Trend Magic.mq4   2 KB | 694 downloads
File Type: ex4 RoundPriceNE_big_mod[5dig].ex4   3 KB | 686 downloads
File Type: ex4 Brother2.ex4   23 KB | 752 downloads
File Type: tpl pipscleaner.tpl   15 KB | 669 downloads
"Buy on fear, sell on greed !!!
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