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Attachments: Goldflight's RENKO strategy
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Goldflight's RENKO strategy

  • #21
  • Apr 5, 2010 3:19pm Apr 5, 2010 3:19pm
Quoting Goldflight
Hi et,
You have to put it on the one min chart then goto file, open offline chart, go too m2 of the pair you have chosen then open. you must keep 1 min chart running because it feeds m2 offline chart.
Hi Goldfight!

I have also problem. I don't find M2 from offline chart's. Can you help, please?
  • #22
  • Apr 5, 2010 3:23pm Apr 5, 2010 3:23pm
HI Goldflight, Do you know of any indicators that will prompt when the renko block changes color?
  • #23
  • Apr 5, 2010 5:51pm Apr 5, 2010 5:51pm
Quoting pcguy007
HI Goldflight, Do you know of any indicators that will prompt when the renko block changes color?
yes i have also been looking for a alert for when the renko blocks change color. all i can find is a new candle alert. any help would be welcome
  • #24
  • Apr 6, 2010 2:42am Apr 6, 2010 2:42am
Quoting meroka
Hi Goldfight!

I have also problem. I don't find M2 from offline chart's. Can you help, please?

Try this link http://www.forexfactory.com/showthread.php?t=189584
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #25
  • Apr 6, 2010 2:43am Apr 6, 2010 2:43am
Quoting pcguy007
HI Goldflight, Do you know of any indicators that will prompt when the renko block changes color?

Sorry i dont.
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #26
  • Apr 6, 2010 3:28am Apr 6, 2010 3:28am
Quoting Goldflight
Sorry i dont.
Hi find a MA alert, set it to 1:2 it will alert with a change in direction which is a change in colour. THere are plenty of ma cross over alerts on this site or forex tsd
I have attached one verson , it may do what you want

rgds

Peter
Attached File(s)
File Type: mq4 MA_Shift_Crossover_Alert.mq4   8 KB | 868 downloads
  • #27
  • Apr 6, 2010 8:19am Apr 6, 2010 8:19am
Thanks for the alert indicator i'll give it a try.

I also found a way to help with watching a potential trade, you can use constant range bars along side the renko bars and that should help clarify the trade before you take it.
  • #28
  • Aug 4, 2010 12:05pm Aug 4, 2010 12:05pm
Nice uncomplicated setup.

These days it is better to stay out of live trades with all the news coming up towards NFP Friday, so will experiment a bit with this setup.

Goldflight, you use Skype?
  • #29
  • Aug 4, 2010 5:45pm Aug 4, 2010 5:45pm
I modify this indicator to an alarm for each color change Renko
Attached Image (click to enlarge)
Click to Enlarge Name: alarma renko.jpg Size: 47 KB
Attached File(s)
File Type: mq4 Alarm_for_Renko.mq4   6 KB | 1,186 downloads
IH - B221 Return Today: -0.2%
  • #30
  • Aug 4, 2010 6:12pm Aug 4, 2010 6:12pm
Vicente.

Gracias, great contribution, amigo.

Playing with some setups at the moment, but the market barely moves at this hour, so not much to test.
  • #31
  • Aug 7, 2010 3:26am Aug 7, 2010 3:26am
Quoting Goldflight
Trying something new. I removed the 10 and 20 ema's and replaced them with a 14 SMOOTHED high / low chanel. ( Golden chanel)
I have found that most of the time when the blocks pass through the chanel, some pips can be gotten. NOT ALWAYS. But more times than not.
I havent had much time to do much of a back test. So give it a try and see what you think.
Hi Goldflight, sorry for my english...I'm going to try your system and I need more explanation please. I'd like to know where you enter exactly ( when the bar is formed in the golden channel or the previous bar, or...) and the SL
It look like a great system with very low risk
thank you in advance
  • #32
  • Aug 7, 2010 4:39am Aug 7, 2010 4:39am
Hello! Can anyone please tell me how you get the bars to look like that (renko bars without shadows)? Can you make the bars look like that on a higher timeframe as well?
  • #33
  • Aug 7, 2010 4:53am Aug 7, 2010 4:53am
Quoting Alexone
Hello! Can anyone please tell me how you get the bars to look like that (renko bars without shadows)? Can you make the bars look like that on a higher timeframe as well?
open the chart, right click,open properties, in common choose candlesticks, in color the color in bar up and bar down same color of background...check if bill and bear bar have NOT the same color of background

example
background black
bar up black
bar down black
bull candle lime
bear candle red

put the indicators and save the template like renko.tpl or what you want
  • #34
  • Aug 7, 2010 1:33pm Aug 7, 2010 1:33pm
No i was actually looking for a Renko candle indicator. Meanwhile found it. Tx anyway!
  • #35
  • Aug 10, 2010 9:11am Aug 10, 2010 9:11am
Got a new one. Try it and see what you think.
RULES,
HA Smoothed turns green, Awsome oscilator Turns green, 1 ema (white)on MACD) crosses 3 ema ( red on MACD ), TDI green crosses red heading up, GO LONG.
Opposite for sell. (HA turns white)
10 PIP renko block.
Attached Image (click to enlarge)
Click to Enlarge Name: screen shots.gif Size: 33 KB
Attached File(s)
File Type: zip Goldflights HA Smoothed.zip   54 KB | 1,154 downloads
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #36
  • Aug 10, 2010 9:24am Aug 10, 2010 9:24am
More Screen shots.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screen shots 1.gif Size: 30 KB
Click to Enlarge Name: screen shots 2.gif Size: 29 KB
Click to Enlarge Name: screen shots 3.gif Size: 33 KB
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #37
  • Aug 10, 2010 10:01am Aug 10, 2010 10:01am
Knowing price action is a key factor here. remember higher highs, higher lows, lower highs, lower lows.
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #38
  • Aug 10, 2010 10:13am Aug 10, 2010 10:13am
Quoting Freddyfx
Nice uncomplicated setup.

These days it is better to stay out of live trades with all the news coming up towards NFP Friday, so will experiment a bit with this setup.

Goldflight, you use Skype?



Sorry Freddyfx i dont use skype.
Also want to appolagize for not being here for so long. Been in and out of the hospital for heart problems. (SUCKS GETTING OLD)
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #39
  • Aug 10, 2010 11:47am Aug 10, 2010 11:47am
Sorry to hear that.

Getting older is one thing, but then the pills that need to be swallowed daily to keep blood pressure and other stuff on certain levels.

Makes you feel like a prisoner of your own body sometimes.

Can you post a template of the last setup, please?
  • #40
  • Aug 11, 2010 3:48am Aug 11, 2010 3:48am
Quoting Freddyfx
Sorry to hear that.

Getting older is one thing, but then the pills that need to be swallowed daily to keep blood pressure and other stuff on certain levels.

Makes you feel like a prisoner of your own body sometimes.

Can you post a template of the last setup, please?



Here is the template.
Attached File(s)
File Type: tpl Goldflights HA Smoothed.tpl   10 KB | 803 downloads
I AM WHAT I AM, AND THATS ALL THAT I AM
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