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Goldflight's RENKO strategy

  • #221
  • Oct 7, 2010 11:07am Oct 7, 2010 11:07am
may i have a question? is there any EA which can move my SL every new candle appears about x pips.
for example. i have set my SL to 22 (EURUSD - spread 2, renko 10). so i am telling that one opposite candle is my SL. and i want some EA, which can move this SL every new candle appears with 10 pips less - to -12
so candle 1 - SL -22
candle 2 - SL -12
candle 3 - SL -2
candle 4 - SL +8
and so on
so when opposite candle appears - end of trade.
with trailing set to 35 its not hte same, with this setting i am losing pips.
  • #222
  • Oct 9, 2010 12:05am Oct 9, 2010 12:05am
Quoting golden1
I use 10 renko for all pairs.. with this setup I feel there is plenty
of filtering. If I could do 5 tic reliably I would, but I feel comfortable
doing 10 with this.

No not really, I use the standard settings in these indicators
in general.. fansimple I select do not show fan and change the
color of some settings as shown on my screen to match what
my eye is looking for long/short.

So basically just changing a couple of them for color
support but they are otherwise great as is.

Really important stochastic rsi fully above or below level
along...
Please don't take offense but your chart makes my eyes bleed. I can't make any sence out of what i'm seeing.
I love renko and I'm learning how to use it naked as possible.
But if its woriking for ya cool
  • #223
  • Oct 9, 2010 7:34am Oct 9, 2010 7:34am
Why make it easy to trade when you can make it a Xmas tree and make it more complicated?!
  • #224
  • Oct 15, 2010 7:42am Oct 15, 2010 7:42am
Trying something new. I put the 1 and 3 EMA's on the AO, and removed the MACD. Same rules.
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  • #225
  • Oct 15, 2010 8:16am Oct 15, 2010 8:16am
GU +18 pips.
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  • #226
  • Oct 15, 2010 8:20am Oct 15, 2010 8:20am
EU +32 pips.
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  • #227
  • Oct 15, 2010 8:51am Oct 15, 2010 8:51am
In EU again.............
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  • #228
  • Oct 15, 2010 9:02am Oct 15, 2010 9:02am
Back in GU again................
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  • #229
  • Oct 15, 2010 9:16am Oct 15, 2010 9:16am
Hey Goldflight,

I think you hit the jack pot with those new clean charts......, more consistent winning.

I have been away...., just finished my six-months project. I have more time to post now.
  • #230
  • Oct 15, 2010 9:24am Oct 15, 2010 9:24am
Quoting maxwell-eqtn
Hey Goldflight,

I think you hit the jack pot with those new clean charts......, more consistent winning.

I have been away...., just finished my six-months project. I have more time to post now.

Hi maxwell-eqtn, Your right, cleaner is better. Trying to make the charts as clean as possible. Also been away for awile researching new broker. Think i've found one i like. will demo and see how it goes.......
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #231
  • Oct 15, 2010 9:29am Oct 15, 2010 9:29am
+36..................

Oh almost forgot, I also removed HA Smoothed indie.
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  • #232
  • Oct 15, 2010 9:36am Oct 15, 2010 9:36am
Closed GU -14 pips.......
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  • #233
  • Oct 15, 2010 9:53am Oct 15, 2010 9:53am
which broker have you found ?
  • #234
  • Oct 15, 2010 10:14am Oct 15, 2010 10:14am
Quoting maxwell-eqtn
which broker have you found ?

Looking at Interbank FX.
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #235
  • Oct 15, 2010 10:21am Oct 15, 2010 10:21am
I got IBfx on Demo. I am trying FXDD now
  • #236
  • Oct 15, 2010 10:24am Oct 15, 2010 10:24am
Quoting maxwell-eqtn
I got IBfx on Demo. I am trying FXDD now

I had live account with Go Markets in Australia. But............................
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  • #237
  • Oct 15, 2010 10:31am Oct 15, 2010 10:31am
In GU and EU ..............
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  • #238
  • Oct 15, 2010 11:35am Oct 15, 2010 11:35am
Quoting Goldflight
In GU and EU ..............

S/L's hit (should have known better to trade after 10 am EST on fridays) Oh well , i will be back on monday. Happy piping.....................
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #239
  • Oct 15, 2010 11:40am Oct 15, 2010 11:40am
Goldflight,

Can you post your new template?
  • #240
  • Oct 15, 2010 11:43am Oct 15, 2010 11:43am
Quoting sdcindy
Goldflight,

Can you post your new template?

Here you go.
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I AM WHAT I AM, AND THATS ALL THAT I AM
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