Mr.Nims, Renko Ashi Trading System 2 | Forex Factory

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Attachments: Mr.Nims, Renko Ashi Trading System 2
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Mr.Nims, Renko Ashi Trading System 2

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  • #1
  • First Post: May 24, 2010 4:50pm May 24, 2010 4:50pm
Renko Ashi Trading System 2
Attached Image (click to enlarge)
Click to Enlarge Name: 94197d1260080284-mr-nims-renko-ashi-scalping-system-renko_ashi_2.jpg Size: 127 KB


Please read the pdf manual for this system. Good luck everyone.
PS: Reuploaded the fixed ma in applied price indicator. Special thanks to FXchaser
PS: Reuploaded the fixed macd alert indicator. Special thanks to Puzzlebird
PS: Reuploaded a Special Settings Template for USDJPY pair, the most easiest pair to trade in Renko Ashi 2.
NEW! PS: Reuploaded MACD ALERT 2 Indicator, Fixed the repaint Issue and ability to turn on and off the alarms, Special Thanks to Silvio Invernici

Please note that you must only take trades. (Which i have missed to mention in the manual clearly)
Buy - When macd is above 0 level and all conditions met as per the rules in manual.
Sell - When macd is below 0 level and all conditions met as per the rules in manual.

Renko skype room, add me to join the room.
Skype id : mr-nims

Renko Group is now on facebook. Feel free to join and share knowledge.
Renko Trading System Group | Facebook
Attached File(s)
File Type: pdf Renko Ashi Trading System 2.pdf   589 KB | 29,824 downloads
File Type: zip renko.zip   3 KB | 10,890 downloads
File Type: zip indicators.zip   17 KB | 11,872 downloads
File Type: zip template.zip   26 KB | 10,155 downloads
Where there is a will there is a way...
  • #2
  • May 24, 2010 5:13pm May 24, 2010 5:13pm
Thanks, going to check this out
  • #3
  • May 24, 2010 6:29pm May 24, 2010 6:29pm
Very well designed and explained PDF manual. I'll have to load the files and give it a test drive. I like the Renko candles but haven't really found a good enough system to use them with. Yours looks simple enough. Here's to a long lived thread.
  • #4
  • May 24, 2010 8:45pm May 24, 2010 8:45pm
System looks good, reminds me a little bit of N.I.T.R.O so far

Will follow this thread with great interest.


Good trades to all of you,
tex
  • #5
  • May 24, 2010 9:24pm May 24, 2010 9:24pm
very informative manual. it tells me that i should try these strategy.
  • #6
  • May 24, 2010 9:31pm May 24, 2010 9:31pm
Quoting nimmu1982
Renko Ashi Trading System 2
Attachment

Please read the pdf manual for this system. Good luck everyone.
PS: Reuploaded the fixed ma in applied price indicator. Special thanks to FXchaser
PS: Reuploaded the fixed macd alert indicator. Special thanks to Puzzlebird
PS: Reuploaded a Special Settings Template for USDJPY pair, the most easiest pair to trade in Renko Ashi 2.
NEW!...


Please reattached MACD ALERT 2 Indicator as a single indicator. Thanks
  • #7
  • May 24, 2010 9:31pm May 24, 2010 9:31pm
Posting to subscribe. It looks interesting.
  • #8
  • May 24, 2010 9:42pm May 24, 2010 9:42pm
Thanks Mr.Nims for this great looking system. Since the file is placed in expert folder, is it possible to automate all the trades like robot. If no, whats your opinion of creating a robot for this great system.

Michael
  • #9
  • Edited 9:55pm May 24, 2010 9:44pm | Edited 9:55pm
I have this set up on 5 different pairs, and like the looks of the charts. Of course, charts usually do look much better than when you're actually trading, but your rules and other indicators, plus the alerts are very nice. I love the visual and the rules for entry, which should keep people like me from entering against the trend as I'm prone to do. I look forward to trying this system the rest of this week.
  • #10
  • May 24, 2010 9:55pm May 24, 2010 9:55pm
Quoting Michael Deys
Thanks Mr.Nims for this great looking system. Since the file is placed in expert folder, is it possible to automate all the trades like robot. If no, whats your opinion of creating a robot for this great system.

Michael
no the robot wont trade for you. i quote these from the manual

"Now the Renko EA should be running and data from the 1minute chart should be able to feed data for your Renko Chart."

as you can see it just transfers data from 1 minute to the 2minute offline chart since mt4 has no default renko charting.

please take time to read between the lines the manual of these system. hope this would help you. best regards.
  • #11
  • May 24, 2010 10:27pm May 24, 2010 10:27pm
Quoting aelimian
Please reattached MACD ALERT 2 Indicator as a single indicator. Thanks
Sure!
Attached File(s)
File Type: mq4 MACD Alert2.mq4   4 KB | 2,820 downloads
Where there is a will there is a way...
  • #12
  • May 24, 2010 10:59pm May 24, 2010 10:59pm
hi mr.nims. thanks for this system. i just want to ask how many minutes does 1 candle in m2 offline chart per bar?..sorry for my dumb question but i am little bit confused. below is an image for example. eu and uj candle bars have different time.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.JPG Size: 169 KB
  • #13
  • May 24, 2010 11:02pm May 24, 2010 11:02pm
Will follow with interest
Just trade the pullback you idiot!
  • #14
  • May 25, 2010 12:11am May 25, 2010 12:11am
Wow nice system "Renko Ashi, Thanks Mr nims.
Nice and inovative Aproach of reading Market and price action.
  • #15
  • May 25, 2010 12:17am May 25, 2010 12:17am
Quoting kesterpogz
no the robot wont trade for you. i quote these from the manual

"Now the Renko EA should be running and data from the 1minute chart should be able to feed data for your Renko Chart."

as you can see it just transfers data from 1 minute to the 2minute offline chart since mt4 has no default renko charting.

please take time to read between the lines the manual of these system. hope this would help you. best regards.
Hi kesterpogz,

Thanks for your kind explanation on the EA. Appreciate it. Since it is not an automated trading, is this possible to make it so, since we need to monitor the system on the screen most of the time. Regards/Michael
  • #16
  • May 25, 2010 12:49am May 25, 2010 12:49am
Quoting kesterpogz
hi mr.nims. thanks for this system. i just want to ask how many minutes does 1 candle in m2 offline chart per bar?..sorry for my dumb question but i am little bit confused. below is an image for example. eu and uj candle bars have different time.
Theres no "time" in the renko. we use the renko ea on 1min chart to plot renko on unused metatrader timeframe m2. The time is negative in renko because its not countdown. just disregard the "-" negative sign, that should be the time the renko candle is wasting.
Where there is a will there is a way...
  • #17
  • Edited 2:42am May 25, 2010 2:32am | Edited 2:42am
Quoting nimmu1982
Theres no "time" in the renko. we use the renko ea on 1min chart to plot renko on unused metatrader timeframe m2. The time is negative in renko because its not countdown. just disregard the "-" negative sign, that should be the time the renko candle is wasting.
ok. i have understood it now. renko bars do not rely on time, its price!. what dumb am i.
  • #18
  • May 25, 2010 2:35am May 25, 2010 2:35am
Quoting Michael Deys
Hi kesterpogz,

Thanks for your kind explanation on the EA. Appreciate it. Since it is not an automated trading, is this possible to make it so, since we need to monitor the system on the screen most of the time. Regards/Michael
yes. since there is no impossible on this world. just let the professionals have their hands on this.. lets just wait, since i am not one of them.
  • #19
  • May 25, 2010 2:43am May 25, 2010 2:43am
Quoting kesterpogz
yes. since there is no impossible on this world. just let the professionals have their hands on this.. lets just wait, since i am not one of them.

Thanks kesterpogz! At least there is a posibility. Hope someone will come up with the robot soon and makes our work easier. Thanks again!
  • #20
  • May 25, 2010 2:45am May 25, 2010 2:45am
hmm
tha quastion is
can it be that simple?

why candle needs to form at least 5min for you? it there is a realy biig move and you ar actualy at pc why not to take it? best regards and lot of pips !
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