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

  • #341
  • Nov 4, 2010 6:46am Nov 4, 2010 6:46am
Quoting ShawnC78
GoldFlight,

Can you go over how you use the ADX in your setups? What are the best settings?

Thanks!

Shawn

Hi ShawnC78, I use the ADX +DI and -DI. When they cross is my signal. I have mine set at 10.
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #342
  • Nov 4, 2010 12:21pm Nov 4, 2010 12:21pm
Quoting maxwell-eqtn
What a day to make the pips...!!!
Hello Maxwell. Could you please detail your trade rules?

Thanks.
  • #343
  • Edited 6:49am Nov 5, 2010 5:27am | Edited 6:49am
Quoting Goldflight
Hi dzhini, go to post #20. There i explain how to put renko on charts. If that does not work go to post #24.
Thanks. Done.
  • #344
  • Nov 9, 2010 3:05pm Nov 9, 2010 3:05pm
It was a long day but worth every second.

+369 for today.
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #345
  • Edited 3:22pm Nov 9, 2010 3:08pm | Edited 3:22pm
Sorry, Almost forgot............
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screen shots 1.gif Size: 36 KB
Click to Enlarge Name: screen shots 2.gif Size: 37 KB
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #346
  • Nov 10, 2010 6:22am Nov 10, 2010 6:22am
Great day for you , Goldflight!! Monday was not such a good day == did you trade Monday and how did you do?
  • #347
  • Nov 12, 2010 9:22am Nov 12, 2010 9:22am
Quoting EasyRyder
Great day for you , Goldflight!! Monday was not such a good day == did you trade Monday and how did you do?

Thanks EasyRider, yes i did trade on monday. Ended the day with-22 on EU and + 13 on GU.
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #348
  • Nov 12, 2010 9:31am Nov 12, 2010 9:31am
Been researching MA's and think i have found what is needed to help filter some trades. 200 SMA, 55 SMA, and 21 EMA are the most popular. Put them on your charts and you will see how price reacts to them. ( Mine i made into channels. Just my preferance)

200 SMA White

55 SMA Lime

21 EMA Dodger Blue
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screen shots 1.gif Size: 29 KB
Click to Enlarge Name: screen shots 2.gif Size: 31 KB
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #349
  • Nov 13, 2010 6:06pm Nov 13, 2010 6:06pm
Quoting Goldflight
Been researching MA's and think i have found what is needed to help filter some trades. 200 SMA, 55 SMA, and 21 EMA are the most popular. Put them on your charts and you will see how price reacts to them. ( Mine i made into channels. Just my preferance)

200 SMA White

55 SMA Lime

21 EMA Dodger Blue
Yes, all of this MA channels looks nice.

Hmm, do you have a idea how to trade?

I must check it out in my mt4 this MA's and i try figure out something.
  • #350
  • Nov 17, 2010 6:14pm Nov 17, 2010 6:14pm
Goldflight,sorry i dont understand as work the new setup(sma and ema) on your trading system. Where it confirm the sell or the buy? thanks. The template of first page is current? Sorry, there many setups lost in middle post. Is a bit confuse for those who arrive now. Thanks.
  • #351
  • Nov 19, 2010 6:42am Nov 19, 2010 6:42am
Sorry i havent posted this week. Been sick again and havent traded all week.

OK, the MA'S im useing are 21 EMA, and 55 Simple MA. Im useing them as filters.

21 above 55, LONG only.

21 below 55 SHORT only.

Watch for price to pull back to 21 or thru 21 to 55 then trade on the bounce.
Attached Image (click to enlarge)
Click to Enlarge Name: screen shots 1.gif Size: 29 KB
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #352
  • Nov 19, 2010 6:50am Nov 19, 2010 6:50am
Quoting Goldflight
Sorry i havent posted this week. Been sick again and havent traded all week.

OK, the MA'S im useing are 21 EMA, and 55 Simple MA. Im useing them as filters.

21 above 55, LONG only.

21 below 55 SHORT only.

Watch for price to pull back to 21 or thru 21 to 55 then trade on the bounce.

I think the system is getting better and better. I will post some charts over the weekend on the trades I took. Since I like trading with 5-pip bricks, I have been trying to win 3 or 4 bricks with a stop loss of 3-bricks per trade. I trade only in the direction of the trend. The results are very good so far.
  • #353
  • Nov 19, 2010 6:53am Nov 19, 2010 6:53am
It would be also nice to update the first post as we get better and better.
  • #354
  • Nov 19, 2010 6:54am Nov 19, 2010 6:54am
Quoting maxwell-eqtn
I think the system is getting better and better. I will post some charts over the weekend on the trades I took. Since I like trading with 5-pip bricks, I have been trying to win 3 or 4 bricks with a stop loss of 3-bricks per trade. I trade only in the direction of the trend. The results are very good so far.

Thanks maxwell-eqtn, I would be happy to see how you are making out on this system, and any improvements would be great.

Happy Pipping..............
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #355
  • Nov 19, 2010 6:55am Nov 19, 2010 6:55am
Quoting maxwell-eqtn
It would be also nice to update the first post as we get better and better.

Yes you and astom are right, i will try to change the first post and get it back up to speed.
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #356
  • Nov 19, 2010 7:40am Nov 19, 2010 7:40am
Heres the new folder.

Set up--------

10 pip renko chart. Add template.
Attached File(s)
File Type: zip GOLDFLIGHT'S WITH MA'S.zip   57 KB | 1,887 downloads
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #357
  • Nov 20, 2010 10:35am Nov 20, 2010 10:35am
Thanks so much Goldflight!! I hope you are better soon.
  • #358
  • Nov 20, 2010 1:51pm Nov 20, 2010 1:51pm
Hi, I trade 10 pip renkos and enter on a pullback to the 21ma too. Where would you place your stops? Sometimes the previous swing low/high can be too far away...
  • #359
  • Nov 20, 2010 3:48pm Nov 20, 2010 3:48pm
Quoting Goldflight
Heres the new folder.

Set up--------

10 pip renko chart. Add template.

thanks for sharing

when explore zip file there is an EA afx_

on what strategy do this EA work?
  • #360
  • Nov 22, 2010 9:00am Nov 22, 2010 9:00am
Quoting astom
Thanks so much Goldflight!! I hope you are better soon.

Thank's astom. Feeling better everyday...
I AM WHAT I AM, AND THATS ALL THAT I AM
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