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

  • #361
  • Nov 22, 2010 9:01am Nov 22, 2010 9:01am
Quoting Sarj
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...

I've been using AFX trailing EA set at 30 pip stoploss...
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #362
  • Nov 22, 2010 9:02am Nov 22, 2010 9:02am
Quoting hipofiz
thanks for sharing

when explore zip file there is an EA afx_

on what strategy do this EA work?

AFX is a trailing EA. I have it set for 30 pip S/L, move to BE +5 after 30 pips, and 30 pip trail stop.
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #363
  • Nov 25, 2010 1:02am Nov 25, 2010 1:02am
Quoting Goldflight
AFX is a trailing EA. I have it set for 30 pip S/L, move to BE +5 after 30 pips, and 30 pip trail stop.
Can you post the afx ea when you have time? Maybe we can get a coded ea for this system after some more manual testing.
  • #364
  • Nov 25, 2010 5:36am Nov 25, 2010 5:36am
Quoting tommbstone
Can you post the afx ea when you have time? Maybe we can get a coded ea for this system after some more manual testing.

it is inside GOLDFLIGHT'S WITH MA'S.zip in post #365
  • #365
  • Nov 26, 2010 7:55am Nov 26, 2010 7:55am
Quoting dplounge
it is inside GOLDFLIGHT'S WITH MA'S.zip in post #365

Actually its in post 356.. Here it is again.....
Attached File(s)
File Type: zip GOLDFLIGHT'S WITH MA'S.zip   57 KB | 883 downloads
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #366
  • Nov 26, 2010 8:13pm Nov 26, 2010 8:13pm
ah cool.. Thx
  • #367
  • Dec 1, 2010 8:55am Dec 1, 2010 8:55am
These are some pip making trades below. Red is for Sell; Green is for buy.
I have my own exit rules and did not put them here as they are different at certain times.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: goldfligt_03.gif Size: 46 KB
  • #368
  • Dec 1, 2010 8:57am Dec 1, 2010 8:57am
The HMA is set at 100.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: goldfligt_05.gif Size: 37 KB
  • #369
  • Dec 1, 2010 8:57am Dec 1, 2010 8:57am
I am still in this one
Attached Image (click to enlarge)
Click to Enlarge Name: goldfligt_06.gif Size: 36 KB
  • #370
  • Dec 2, 2010 3:51am Dec 2, 2010 3:51am
I have chnaged some entry rules...., not to always follow the HMA
Attached Image (click to enlarge)
Click to Enlarge Name: goldfligt_07.gif Size: 41 KB
  • #371
  • Jan 6, 2011 8:44am Jan 6, 2011 8:44am
Hi goldflight,

how is your system doing? Did you make any improvements or still use the templates, indis etc. which you posted?

Best regards!
  • #372
  • Jan 6, 2011 9:26am Jan 6, 2011 9:26am
Quoting Meister81
Hi goldflight,

how is your system doing? Did you make any improvements or still use the templates, indis etc. which you posted?

Best regards!

Hello Meister81, Still using my system although things have been quiet for the holidays. Now things are starting to pick up. I am trying some new indie's, But i find that my system still working for me.

Happy Pipping...................
Attached Image (click to enlarge)
Click to Enlarge Name: screen shots 2.gif Size: 32 KB
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #373
  • Jan 6, 2011 10:09am Jan 6, 2011 10:09am
Nice to see you back my man. I hope everything is OK. I have a new idea about trading this thing...., looks very promising. I have some projects I have to finish. I will make some nice charts when I get the time and send to you.

Happy new year and Happy pipping.





Quoting Goldflight
Hello Meister81, Still using my system although things have been quiet for the holidays. Now things are starting to pick up. I am trying some new indie's, But i find that my system still working for me.

Happy Pipping...................
  • #374
  • Jan 6, 2011 2:43pm Jan 6, 2011 2:43pm
Quoting maxwell-eqtn
Nice to see you back my man. I hope everything is OK. I have a new idea about trading this thing...., looks very promising. I have some projects I have to finish. I will make some nice charts when I get the time and send to you.

Happy new year and Happy pipping.

Hi Maxwell-eqtn, Everything is A-OK. Looking forward to see what you got going. Lets see if we can all make this a very happy new year.

HAPPY PIPPING..................................
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #375
  • Jan 6, 2011 2:48pm Jan 6, 2011 2:48pm
OOOOps, almost forgot. Had to leave for a bit and i let my trade run. Looking good...
Attached Image (click to enlarge)
Click to Enlarge Name: screen shots 2.gif Size: 31 KB
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #376
  • Jan 13, 2011 9:54pm Jan 13, 2011 9:54pm
Quoting Goldflight
OOOOps, almost forgot. Had to leave for a bit and i let my trade run. Looking good...
could u post the indicators and the template for your new setup...would like to test it. thanks
To Your Success!!
  • #377
  • Jan 14, 2011 10:05am Jan 14, 2011 10:05am
Hi Goldflight,

I'm glad I stumbled upon your RENKO thread, it really helps to stay in the trades as long as possible. (like yesterday for example )
From what I understand you are not the programmer of the renko indicator, or are you? Do you think it would be possible to show Highs and Lows on the past Renko Bars too? I know it can be seen on the original one minute chart, but I thought it would be interesting to see the High and Low the price went to during one Renko bar. What do you think?

I think from a programmers perspective this should be possible.

Regards
  • #378
  • Jan 14, 2011 11:12am Jan 14, 2011 11:12am
There is actually something similar, but it's the other way around.
I wanted the Highs and Lows on the Renko chart.

http://codebase.mql4.com/6447

regards
  • #379
  • Jan 14, 2011 12:06pm Jan 14, 2011 12:06pm
This is my final version. I have tried many different indies and always come back to this. So this setup is what i am going to stick to.

8 PIP renko block.

ADX 10. With 40 level line.

Awsome indicator. (set colors to none.) 0 level line

1 and 3 EMA on Awsome indie.

FFCal indie ( to keep an eye on news time)

Pipsometer ( just to track the days performance)

AFX trailing EA on the 1 min chart set at 40 pip s/l, 30 pip trail, 25 pip to break even + 5 pips. ( take profit at your discretion)

All of these indies can be found on the first post. Here is my latest template.

Try it and let me know how you are doing.

HAPPY PIPPING..........
Attached Image (click to enlarge)
Click to Enlarge Name: screen shots 2.gif Size: 18 KB
I AM WHAT I AM, AND THATS ALL THAT I AM
  • #380
  • Jan 14, 2011 12:09pm Jan 14, 2011 12:09pm
Sorry forgot the template.
Attached File(s)
File Type: tpl GOLDFLIGHTS FINAL VERSION.tpl   7 KB | 883 downloads
I AM WHAT I AM, AND THATS ALL THAT I AM
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