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Attachments: Ichimoku - RENKO
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Ichimoku - RENKO

  • #81
  • May 16, 2011 5:10am May 16, 2011 5:10am
I forgot i put a tp level of +39 pips

wanted to keep the trade in til the first reversal bar ...

Good anyways

waiting for the next setup
  • #82
  • May 16, 2011 5:30am May 16, 2011 5:30am
hi again, i have the indicators loaded, however the indicators look like normal candle sticks, how do i remove the tails?

also can anyone post a trend + flat indicator pls.
regs
If ask a silly question.. forgive me!i'm just confused again!
  • #83
  • May 16, 2011 5:43am May 16, 2011 5:43am
if you guys are desparate for signals and can't wait then put renko chart on all currency pairs. You would at least get a signal faster than working only with a few pairs.
  • #84
  • May 16, 2011 5:56am May 16, 2011 5:56am
yes maxwell thats what i started doing ....watching only a couple of pairs is to anoying ...
  • #85
  • May 16, 2011 5:58am May 16, 2011 5:58am
shorted euro/usd
  • #86
  • Edited 7:34am May 16, 2011 6:07am | Edited 7:34am
Quoting bobbye
shorted euro/usd
Waiting till it breaks below 100 and in.... here we go.....stopped out......never mind, next setup soon.........
  • #87
  • May 16, 2011 6:18am May 16, 2011 6:18am
long USDCAD renko20
  • #88
  • May 16, 2011 8:04am May 16, 2011 8:04am
forex1962 - how can I get a renko set up like yours without using an EA - prefer to trade manually at the moment.
  • #89
  • May 16, 2011 8:08am May 16, 2011 8:08am
Quoting handy148
forex1962 - how can I get a renko set up like yours without using an EA - prefer to trade manually at the moment.
Even though this is an EA you trade manually, but if you want to use an indicator have a look at the atached PDF which will explain everything.
Attached File(s)
File Type: pdf Renko Installation help guide.pdf   63 KB | 1,470 downloads
  • #90
  • May 16, 2011 9:12am May 16, 2011 9:12am
long eur/usd
short usd/cad

entered a little bit late .... toke it anyways
  • #91
  • May 16, 2011 9:31am May 16, 2011 9:31am
Quoting bobbye
long eur/usd
short usd/cad

entered a little bit late .... toke it anyways
what size box you working with Bobbye?
  • #92
  • May 16, 2011 10:26am May 16, 2011 10:26am
Forex 1962 i am using 5 pip blocks .

Here is 1° day results

profit around 50 pips

these trades were taken using the indicatores that i have already posted
Attached Image (click to enlarge)
Click to Enlarge Name: RENKO 16052011.jpg Size: 101 KB
  • #93
  • May 16, 2011 10:40am May 16, 2011 10:40am
Quoting bobbye
Forex 1962 i am using 5 pip blocks .

Here is 1° day results

profit around 50 pips

these trades were taken using the indicatores that i have already posted
Great work Bobbeye keep us posted.
  • #94
  • May 16, 2011 10:51am May 16, 2011 10:51am
How are you doing forex 1962 ?
  • #95
  • May 16, 2011 11:06am May 16, 2011 11:06am
Quoting bobbye
How are you doing forex 1962 ?
Good thanks Bobbye, taking a backseat for the rest of the day, I'm throwing a chart into the mix here, been playing around with the indis.
Going against everything I said here about 'keeping it pure' so all feedback welcome.....what should we keep what should we ignore etc....always easy to see great trades after the event but according to this mix we would have had a great day on eu (using 5 pip box).
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 26 KB
  • #96
  • May 16, 2011 12:30pm May 16, 2011 12:30pm
That is exactly what I am talking about. The problem many people don't like Renko is bacause there infinite ways of trading them,.........., it is hard to pick o partycular method.


Quoting forex1962
Good thanks Bobbye, taking a backseat for the rest of the day, I'm throwing a chart into the mix here, been playing around with the indis.
Going against everything I said here about 'keeping it pure' so all feedback welcome.....what should we keep what should we ignore etc....always easy to see great trades after the event but according to this mix we would have had a great day on eu (using 5 pip box).
  • #97
  • May 16, 2011 12:32pm May 16, 2011 12:32pm
Bobbye,

I like your entries...., kinda similar to mine. How do you exit, reverse brick or reverse goldminer signal?



Quoting bobbye
How are you doing forex 1962 ?
  • #98
  • May 16, 2011 1:06pm May 16, 2011 1:06pm
maxwell for now reverse brick ...for the last three trades i closed them before time becouse we were near london close .

i need to find another way for exits becouse i think i get out to early .

how do you exit ?
  • #99
  • May 16, 2011 1:21pm May 16, 2011 1:21pm
forex1962

don't know what I'm doing wrong but I can't get Renko to work.

It's similar set-up to range bars and I have them working so I don't know why.

Would it be helpful to start with your template? - any advice much appreciated.
  • #100
  • May 16, 2011 1:52pm May 16, 2011 1:52pm
Handy148
To make it as easy as possible:

download the renko live chart v2.1 from the link in the pdf or wherever
install it as an indicator mt>experts>indicators
open a m1 chart attach indi make sure you have allow dll checked
choose the size of your renko box (if you have a 5 digit broker add a 0)
open the offline chart (usually m2)
attach template to offline chart (not really offline as it is being fed from the original chart)
keep both charts running

That is it
Attached File(s)
File Type: pdf Renko Installation help guide.pdf   63 KB | 816 downloads
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