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Renko Trading For Gamers (RTFG)

  • #1,021
  • Jun 27, 2010 1:14am Jun 27, 2010 1:14am
Quoting 45Fxguy
Can you post the tp/sl ea & settings you are using in it?

It looks like you may have came up with a nice scalper method for 4 pip renko bricks desander, which I don't think is very easy to do....
Here you go...
Attached File(s)
File Type: mq4 HIDDEN TP&SL_EA.mq4   3 KB | 554 downloads
  • #1,022
  • Jun 27, 2010 6:03am Jun 27, 2010 6:03am
Hi, attached is an example of ALF and renko combined. I have added some indicators for the template. Alf seems a pretty good filter to consider especially combined withe ALF filter at the bottom. The filter at the bottom may need fineesing to shorter timeframes to be effective

I haven't traded this just been playing around.

Basically trade the cross of the 0 line with a cross of the Alf. Use the ALF and the green line at the bottom to assess reentry points.

Could be a pretty simple EA if anyone if interested with the cross of the ALF line the exit signal. I suggest entering two lots 1 lot close at 1 or 2 blocks then move the stop to +1 pip and let it run until a cross of the ALf line as the close signal for the second block.

Anyway their are a coulple of ALF threads on forexfactory that are worth a read

regards

Peter
Attached Image (click to enlarge)
Click to Enlarge Name: pk renko example 26_06_10.gif Size: 41 KB
Attached File(s)
File Type: tpl alf renko.tpl   23 KB | 715 downloads
File Type: mq4 ALF_Ultimate Filter_v1.mq4   3 KB | 786 downloads
File Type: ex4 ALF with Shift.ex4   5 KB | 693 downloads
File Type: ex4 ALF_Candles_v2.ex4   6 KB | 691 downloads
  • #1,023
  • Jun 27, 2010 8:20am Jun 27, 2010 8:20am
And can tell what are the percentage success? Thanks!
  • #1,024
  • Jun 27, 2010 1:49pm Jun 27, 2010 1:49pm
Thanks Mihailo, bookmarked now

Quoting Mihailo
Hello guys!

Since I met Petar, few months ago, I was testing and composing my own strategy with Renko system!

Finaly I made some indicators and it looks like on this picture.

If someone is interestet about description I will answer all questions

Here are results in last 10 days using final version of my system!

Regards!
Follow the Trend, thats all
  • #1,025
  • Jun 27, 2010 10:39pm Jun 27, 2010 10:39pm
Thanks peterke, I'll check it out when I get time. I'm looking at several several from this thread right now so it may be a while.
  • #1,026
  • Jun 28, 2010 10:52am Jun 28, 2010 10:52am
Can you please post your SL/TP settings, and also please explain the benefit of thsi additional indicator ?

Thanks so much.
  • #1,027
  • Jun 29, 2010 8:07am Jun 29, 2010 8:07am
How can i know when to enter a trade again (after i took profit of 20 pips)?
  • #1,028
  • Jun 29, 2010 9:41am Jun 29, 2010 9:41am
I've been looking at something like also. I took out some other indicators like Golden Finger, ALF Alert and some chaos oscillators since they seemed to be redundant. I'm using 14 pips/box as per Mihailo's setup but added a currency strength meter to pick higher probablity pairs

Attached Image (click to enlarge)
Click to Enlarge Name: renko-alf.gif Size: 32 KB
  • #1,029
  • Jun 29, 2010 4:15pm Jun 29, 2010 4:15pm
Quoting ranger_lp
I've been looking at something like also. I took out some other indicators like Golden Finger, ALF Alert and some chaos oscillators since they seemed to be redundant. I'm using 14 pips/box as per Mihailo's setup but added a currency strength meter to pick higher probablity pairs

Attachment
Could you please share you currency strength meter?
I have searched a lot but could not find one.
  • #1,030
  • Jun 29, 2010 4:33pm Jun 29, 2010 4:33pm
If someone trade with Mihailo system please add me to skype: tal19832 i must talk with you because i really don't know what i am doing worng
  • #1,031
  • Jun 29, 2010 6:07pm Jun 29, 2010 6:07pm
Hello guys , i have been on forexfactory for months as guest , and yesterday i sow a RENKO system , and will defintly give it a try on live account!
Is it possible to change extension of a renko indicators .my platform doesnt support ex4 or mq4 . It support only with .lua and lua.rc extensions!
Help to be helped.
  • #1,032
  • Jun 29, 2010 6:56pm Jun 29, 2010 6:56pm
Here ya go......
Attached File(s)
File Type: ex4 1000pips Mini.ex4   8 KB | 660 downloads
  • #1,033
  • Jun 30, 2010 12:48am Jun 30, 2010 12:48am
Quoting ranger_lp
Here ya go......
Thanks a lot Ranger :-)
  • #1,034
  • Jun 30, 2010 3:53am Jun 30, 2010 3:53am
Quoting ranger_lp
Here ya go......
And what he do?
  • #1,035
  • Jun 30, 2010 5:52pm Jun 30, 2010 5:52pm
Quoting bshcom
done for today will have a long weekend
enjoy your weekend all
Dear BSHCOM
Will you be so kind To share your Heiken Ashi_SWAlert(if it is OK with you)

Thank you very much for your time
  • #1,036
  • Jul 1, 2010 2:38am Jul 1, 2010 2:38am
should be helpful.
Greetings
Attached File(s)
File Type: mq4 Heiken Ashi_SWAlert...mq4   5 KB | 540 downloads
  • #1,037
  • Jul 1, 2010 4:49am Jul 1, 2010 4:49am
Quoting Moritz
should be helpful.
Greetings
Dear MORITZ,
May the PIPS be with you!!!

Thank you very much
Dan
  • #1,038
  • Jul 4, 2010 4:05pm Jul 4, 2010 4:05pm
Look @ attached screenshot first...

Gilbert.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-07-04_2254.png Size: 120 KB
  • #1,039
  • Jul 4, 2010 11:01pm Jul 4, 2010 11:01pm
Quoting wieb
Do these step for displaying M2 and M3 chart :

2. download Paket 5!.zip from post #853 and extract it
Hi, I can't seems to download Paket 5!, anyone have other link ?
  • #1,040
  • Jul 5, 2010 12:03am Jul 5, 2010 12:03am
Hi Desander,

what is the currency strength meter at the bottom to the right?
Can you share it?
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