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Renko Trading For Gamers (RTFG)

  • #941
  • Jun 11, 2010 4:50am Jun 11, 2010 4:50am
Quoting Mihailo
Hi friend!

SSL is very good trend tool but...

It repaints 2-3 blocks reversal, so when you look to history there is so much ideal entrys but in real time it was not.

It is good for reentrys, to define that trend is in proces!

Hi Mihailo,

Many thanks for the system. I have a question regarding the precise entry and exit. Will enters the second candle, which crosses the Coral and look at ssl34 and 13 Complex? And when you close positions ? Could the show on the graph exactly ?
Looking at your statement you must have excellent understanding what happens to the graph. Do you know the extent of opening lines of TP, or specify it on the level from 10 to 15 pips ?

Best regards !!!
  • #942
  • Jun 11, 2010 9:06am Jun 11, 2010 9:06am
Hi Mihailo
I wonder how can you make decision to buy or sell position for ranging markets. ) your system determinates ranging or trending or another method to find trend?
thank you


Quoting faryares
Hi Mihailo and everyone else,
it's about 2 days that i am using your indis and they were great when i started, but today i face a Range market shown in the picture...

with your experience , would you entered those trades or not?... and if not please let me know why....
Attachment
  • #943
  • Jun 11, 2010 9:42am Jun 11, 2010 9:42am
thanx,s alex & evgenich for share the indi
  • #944
  • Jun 12, 2010 3:23am Jun 12, 2010 3:23am
Quoting faryares
Hi Mihailo and everyone else,
it's about 2 days that i am using your indis and they were great when i started, but today i face a Range market shown in the picture...

with your experience , would you entered those trades or not?... and if not please let me know why....
Attachment
Hello friend!

Well, that point is little bit different than on my chart.

It looks like this on my chart.

On that situation as on your chart I would take only short trade because there is long period of uptrend and there must be a retracement. There is no place for long trade.

In deed I took one as you can see on photo. It was a long term trade.

But that must be suported with 13 pips chart.
Attached Image (click to enlarge)
Click to Enlarge Name: point1.gif Size: 24 KB
  • #945
  • Jun 12, 2010 3:43am Jun 12, 2010 3:43am
Quoting Moritz
Hi Mihailo,

Many thanks for the system. I have a question regarding the precise entry and exit. Will enters the second candle, which crosses the Coral and look at ssl34 and 13 Complex? And when you close positions ? Could the show on the graph exactly ?
Looking at your statement you must have excellent understanding what happens to the graph. Do you know the extent of opening lines of TP, or specify it on the level from 10 to 15 pips ?

Best regards !!!
Hi Moritz!

If I'm scalping, I use first candle that crossing coral or cloud. Sometimes there is no space to wait for opening of second candle also blocks of 13 Complex and SSL must be in color of my trade.

I close positions in 90% with TP and relay on my expiriance to chose TP for each trade. It goes between 10 and 40 pips. It must be supported with 13 pips chart.

I can determinate entry but you all must chose exit on your own.

Entry - PA crosses Coral and Cloud (it mustn't be at the same time and it doesen't mater wich one is first). Blocks of tools must be in trade color.

Each of you can explore this system and use self expiriance to find excellent place for entry.

There is no ideal system, also this system has its wholes.

Please post everything that you think about this system and we togheter can make it better.

Nice weekend to all!
  • #946
  • Jun 12, 2010 3:57am Jun 12, 2010 3:57am
Quoting hipofiz
Hi Mihailo
I wonder how can you make decision to buy or sell position for ranging markets. ) your system determinates ranging or trending or another method to find trend?
thank you
Hi Hipofiz!

Ranging market or FLAT traend is , for me, an excelent time for placing trades!

As you can see on picture, yellow line shows flat and green line shows potential places to enter the trade. You can place the lines on your chart and wait PA to cross it or you can place pending order in both direction with TP and SL .

Place green line 5 - 7 pips away from yellow.

You can use it on 5! also on 13!

If you use it on 13! place green line 11-14 pips from yellow.

Very simple!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ranging market.gif Size: 45 KB
Click to Enlarge Name: ranging market13.gif Size: 28 KB
  • #947
  • Edited 4:24am Jun 12, 2010 4:10am | Edited 4:24am
Hi to everyone!

Those are my entrys for last week on 3 accounts.

Nice weekend to all!

705 pips!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: last week1.gif Size: 40 KB
Click to Enlarge Name: last week2.gif Size: 21 KB
Click to Enlarge Name: last week3.gif Size: 14 KB
  • #948
  • Edited 6:40am Jun 12, 2010 5:18am | Edited 6:40am
Quoting Mihailo
Hi to everyone!

Those are my entrys for last week on 3 accounts.

Nice weekend to all!

705 pips!

Wow!!
It seems that you know what you are doing
Do you have MSN messenger/E-mail that i may connect with you please? What is your trade system? I don't understand how to use RENKO system-can someone please explain to me what indicators i need and how to use them please? I need a live example please help me!
  • #949
  • Jun 12, 2010 6:11am Jun 12, 2010 6:11am

Mihailo,

I would like to tell you in all sincerity, CONGRAT for your efforts.
I am a big fan of RENKO charts. Your method is simple & easy to read.

I have a question to you: Why do you need 3 accounts? (just curious)

&

May I ask you to post a "5! template, which does not have the forecast indi included? It crashes my Metatrader! Re-install doesn't help...

Thanks & keep up the good work.


  • #950
  • Edited 8:00am Jun 12, 2010 7:46am | Edited 8:00am
Quoting Tal1983
Wow!!
It seems that you know what you are doing
Do you have MSN messenger/E-mail that i may connect with you please? What is your trade system? I don't understand how to use RENKO system-can someone please explain to me what indicators i need and how to use them please? I need a live example please help me!
Shabat Shalom my friend!

Everyone can contact me on my skype adres mihailo.stosovic

You can find all about my system from here: http://www.forexfactory.com/showpost...&postcount=853

or start reading from post #846

Regards!
  • #951
  • Jun 12, 2010 7:57am Jun 12, 2010 7:57am
Quoting GrZack

Mihailo,

I would like to tell you in all sincerity, CONGRAT for your efforts.
I am a big fan of RENKO charts. Your method is simple & easy to read.

I have a question to you: Why do you need 3 accounts? (just curious)

&

May I ask you to post a "5! template, which does not have the forecast indi included? It crashes my Metatrader! Re-install doesn't help...

Thanks & keep up the good work.


Thanks for nice words!

One of them is real other two are for testing startegy. Btw during all time Im in this busines I have opened about 50 demo accounts.

Here is temp for you but I think that you have an old version of FFCall indie. Delete that one and place one from #853, I think that will work.
Attached File(s)
File Type: tpl 5!noffcall.tpl   31 KB | 593 downloads
  • #952
  • Jun 12, 2010 8:49am Jun 12, 2010 8:49am
Quoting Mihailo

Here is temp for you but I think that you have an old version of FFCall indie. Delete that one and place one from #853, I think that will work.
1000ds of thanks Mihailo! I tought I have the new FFCall indicator, but download the indicator(s) again won't hurt anyone

Thanks again.
  • #953
  • Edited Jun 13, 2010 2:45am Jun 12, 2010 3:15pm | Edited Jun 13, 2010 2:45am
Quoting Evgenich
Thank you Mihailo I am interested in how you filtruete signal indicators. Fall a lot of false alarms issued 13 Signal.ex4 Please tell me about MM. and show the inputs, outputs
Thanks you are my role model. For me the honor to you obschatsya.
Sorry man, I didnt saw your post until now!

Well filtration of signals are hard job. You never know withc one is right!

I relay on my expiriance and on fundamental analyses too.

If I gain 15 - 20 pips I do not reentering in same direction, I wait for clean shot! So I trade on 3 pairs at the same time.

I use lot size that is in corelation with thousends of dolars that I have on my account. If I have 5K I use 0.5 lot size if 6K - 0.6 lot size... 10K - 1.0 Lot size.

I use sl between 35 to 50 pips but now in this time I can leve Long trades for more because I think that this is a bottom price of the euro it must come stonger. Every Long trade on this days must be winner.

Exit from trade is always TP. I use 10 to 40 pips for TP, as I recognize situation on market.

С наилучшими пожеланиями к другу из России!
  • #954
  • Jun 13, 2010 7:29pm Jun 13, 2010 7:29pm
Quoting Petar_Serbia
Renko live chart you must put to expert Advisor folder than you must open M1 chart for pair you want and put Expert Advisor on that chart.Next step is to go on File-Open Offline chart and to load M3 chart or M2 ....

Mihailo gave Profile that mean you can just open Profile 5! and all charts will load automaticly


Cheers
I have followed the instructions about loading all indis, ea, etc. When I choose profile 5, all I get is waiting for update....my MT4 and broker do not support M2, M3 charts...kindly tell me how to run this program.
  • #955
  • Jun 14, 2010 7:25am Jun 14, 2010 7:25am
langdonb,

try to start your expert advisors in order for the charts to update. you need to see the green arrow not the red one.


alex
Attached Image (click to enlarge)
Click to Enlarge Name: expert.gif Size: 40 KB
  • #956
  • Edited 9:59am Jun 14, 2010 9:47am | Edited 9:59am
Quoting alex_nick82
langdonb,

try to start your expert advisors in order for the charts to update. you need to see the green arrow not the red one.


alex
I have it on...I did the followingut EA in expert file (then restarted MT4) opened M1 chart for GBPUSD and put Expert Advisor on that chart.Next step File-Open Offline chart and to load M3 chart....all the indicators are in the proper folder, ea in experts, dragged the ea to chart, etc....checked the 5! profile, still nothing but standard charts.

OK, I put template 5 and it sort of works, but has standard candles, not the Renko candles
  • #957
  • Jun 14, 2010 4:16pm Jun 14, 2010 4:16pm
could you please send arrow indicator in your picture

Quoting alex_nick82
langdonb,

try to start your expert advisors in order for the charts to update. you need to see the green arrow not the red one.


alex
  • #958
  • Jun 14, 2010 5:17pm Jun 14, 2010 5:17pm
Quoting langdonb
I have it on...I did the followingut EA in expert file (then restarted MT4) opened M1 chart for GBPUSD and put Expert Advisor on that chart.Next step File-Open Offline chart and to load M3 chart....all the indicators are in the proper folder, ea in experts, dragged the ea to chart, etc....checked the 5! profile, still nothing but standard charts.

OK, I put template 5 and it sort of works, but has standard candles, not the Renko candles
Hello!
I also put everything and the expert advisor is "on" (green) but when i go to File->Open Offline chart i see only 3 charts (the online ones) and not the offline+the offline charts does not responding (the online works but the offline doesn't) Whats is the problem? Can someone tell me again the all proces step by step please?
  • #959
  • Jun 14, 2010 6:19pm Jun 14, 2010 6:19pm
Quoting Mihailo
Thanks for nice words!

One of them is real other two are for testing startegy. Btw during all time Im in this busines I have opened about 50 demo accounts.

Here is temp for you but I think that you have an old version of FFCall indie. Delete that one and place one from #853, I think that will work.
You sure make a beautiful template Mihailo guess we shouldn't expect anything less from, ... 'the most expensive sculptor in Serbia!'
;-)
  • #960
  • Jun 16, 2010 1:35pm Jun 16, 2010 1:35pm
Hi Mihailo,

i am trying your system, and so far it's a great system, but at the end, when we face a range market which PA goes up and down the coral and cloud, i loss most of what i have won.

Is there anyway that you can Record your screen and voice to make a video (maybe from a live trading session) and explain some of the importance of where to enter a trade.

it will be awesome if you would be able to do that.

Thank you Mihailo and everyone else.
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