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

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
Quoting maxwell-eqtn
What a day to make the pips...!!!
Hello Maxwell. Could you please detail your trade rules?

Thanks.
  • Post #343
  • Quote
  • Edited at 7:49am Nov 5, 2010 6:27am | Edited at 7:49am
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.
It was a long day but worth every second.

+369 for today.
I AM WHAT I AM, AND THATS ALL THAT I AM
  • Post #345
  • Quote
  • Edited at 4:22pm Nov 9, 2010 4:08pm | Edited at 4:22pm
Sorry, Almost forgot............
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I AM WHAT I AM, AND THATS ALL THAT I AM
Great day for you , Goldflight!! Monday was not such a good day == did you trade Monday and how did you do?
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
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
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I AM WHAT I AM, AND THATS ALL THAT I AM
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.
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.
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.
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I AM WHAT I AM, AND THATS ALL THAT I AM
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.
It would be also nice to update the first post as we get better and better.
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
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
Heres the new folder.

Set up--------

10 pip renko chart. Add template.
Attached File
File Type: zip GOLDFLIGHT'S WITH MA'S.zip   57 KB | 1,611 download
I AM WHAT I AM, AND THATS ALL THAT I AM
Thanks so much Goldflight!! I hope you are better soon.
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...
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?
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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