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

Hi Goldflight,

Sorry to hear your computer crashed!

I got a nice winner on the EURUSD today.

Cheers mate!

Ezakimak
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Quoting Ezakimak
Hi Goldflight,

Sorry to hear your computer crashed!

I got a nice winner on the EURUSD today.

Cheers mate!

Ezakimak

Excelent job Ezakimak.
I AM WHAT I AM, AND THATS ALL THAT I AM
Thanks mate!

I got stopped out on this one (for profit so its all good) but if I had been able to stay in I would have snared much more as it has kept on falling.

This is a nice sound strategy. I would recommend this for newbies starting out. If they can figure out how to set up the chart they will be on to a winner!

Goldflight, which pair have you had the most success with? Are they all about the same or is there one that really stands out?

Ezakimak
Quoting Ezakimak
Thanks mate!

I got stopped out on this one (for profit so its all good) but if I had been able to stay in I would have snared much more as it has kept on falling.

This is a nice sound strategy. I would recommend this for newbies starting out. If they can figure out how to set up the chart they will be on to a winner!

Goldflight, which pair have you had the most success with? Are they all about the same or is there one that really stands out?

Ezakimak

You are very welcome Ezakimak.

I think the pairs i have had the best luck with has been EURUSD and GBPUSD. Neither really stand out, but there spreads are low and they move well.

Happy pipping..................
I AM WHAT I AM, AND THATS ALL THAT I AM
As soon as i can find a good alert indi to go with this system i will be able to put this on many more pairs. If anyone can help find one it would be deeply appreciated.

Thanks everyone

Happy pipping...............
I AM WHAT I AM, AND THATS ALL THAT I AM
Lets see what happens.
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I AM WHAT I AM, AND THATS ALL THAT I AM
Quoting Goldflight
As soon as i can find a good alert indi to go with this system i will be able to put this on many more pairs. If anyone can help find one it would be deeply appreciated.

Thanks everyone

Happy pipping...............

What do you think of an ADX crossing indi (with alert)? Or did you already try one?

Best regards!
Quoting Meister81
What do you think of an ADX crossing indi (with alert)? Or did you already try one?

Best regards!

I tried the ADX crossing alert but found that it was not accurate. I dont know if it was because it was affected by the offline chart or not. So still looking.

Happy pipping.................................
I AM WHAT I AM, AND THATS ALL THAT I AM
Goldflight,

Have you tried the 5 pip Renko box and if so, how where your results? Anyone else try this?

Thanks,

Cindy
Quoting sdcindy
Goldflight,

Have you tried the 5 pip Renko box and if so, how where your results? Anyone else try this?

Thanks,

Cindy

Hi sdcindy,

Yes i tried 5 pip, but seemed to get to many false signals so i try to stick with 10 pip. Seems to work the best.

Goldflight
I AM WHAT I AM, AND THATS ALL THAT I AM
S/L hit. Oh well better luck tommorow.
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I AM WHAT I AM, AND THATS ALL THAT I AM
Heres a little something for scalpers to try.

3 pip renko chart

HA Smoothed

MACD (12-26-9)

Awsome indi

Pipholic SR indi

1 EMA (white) on the MACD

3 EMA (red) on MACD

RULES--BUY

1 EMA crosses above 3 EMA-- HA turns green--AO turns green-- 3 pip block closes above pipholic SR-- BUY...

SELL

1 EMA crosses below 3 EMA-- HA turns red-- AO turns red-- 3 pip block closes below pipholic SR-- SELL...

As soon as you buy or sell, pull up your close window and close at first sign of reversal.
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Attached File
File Type: zip Goldflights 3 PIP scalp.zip   4 KB | 473 downloads
I AM WHAT I AM, AND THATS ALL THAT I AM
Anyone else following along ? I hope im not alone.
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I AM WHAT I AM, AND THATS ALL THAT I AM
Hi Goldflight, I'm still working with your system but the market is so slow it's hard to test.

GU has been killing me all week with it's whipsaws.

I've been using 6,10,16 renko's and bouncing ideas off the wall.
Quoting Goldflight
Anyone else following along ? I hope im not alone.
Hi Goldflight,

Have been reading with interest..thanks for the indicators and the time & effort you are putting into this thread. Only on demo at the moment, but results are coming.

Many thanks

Ross
Quoting Goldflight
I tried the ADX crossing alert but found that it was not accurate. I dont know if it was because it was affected by the offline chart or not. So still looking.

Happy pipping.................................
I am using these indicators and scripts along with your ADX cross alert. When ADX alert comes, and other indicators is correct i put sell or buy STOP order, with these two scripts and put New Candle Alarm on the graph. When new candle appears i hear the alert and know, if the STOP order is hit, or the candle go to the other side.
Attached Files
File Type: mq4 New_Candle_Alarm.mq4   1 KB | 255 downloads
File Type: mq4 Sell with SL and TP.mq4   2 KB | 253 downloads
File Type: mq4 Buy with SL and TP.mq4   2 KB | 260 downloads
Buy at any of the Green lines
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Sell at any one of the red lines
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Looking for a buy here!
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Just bought
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