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RENKO system with Mihailo!

  • #121
  • Nov 8, 2011 4:21am Nov 8, 2011 4:21am
Quoting Mihailo
Minicharts are here just to make trade easy and to be confident in your decision.

Basic tools are Coral, Cloud,Trix and red or blue blocks.

Everything is in the manual!

Just for example:

How many times did you trade oversold or overbuy positive?
Please explain how do you see Overbuy/Oversell in the chart and does it make any change in your decision whether go trading or not?
  • #122
  • Nov 8, 2011 4:43am Nov 8, 2011 4:43am
Do you know why the mini renko chart on botton left of the chart dont show renko candle but letters?
Thank you..
Attached Image (click to enlarge)
Click to Enlarge Name: renko.jpg Size: 175 KB
  • #123
  • Nov 8, 2011 4:46am Nov 8, 2011 4:46am
Quoting smilee89
Please explain how do you see Overbuy/Oversell in the chart and does it make any change in your decision whether go trading or not?
Well,

In my opinion, OB & OS zones are signals to wait. I'm not entering any trade in that zones. Just waiting to see in witch direction PA will go.

It is much better to miss a good trade than enter a bad one!
  • #124
  • Nov 8, 2011 4:48am Nov 8, 2011 4:48am
Quoting Mihailo
Well,

In my opinion, OB & OS zones are signals to wait. I'm not entering any trade in that zones. Just waiting to see in witch direction PA will go.

It is much better to miss a good trade than enter a bad one!
Ok, but how do you see OB and OS on your charts?
  • #125
  • Nov 8, 2011 4:53am Nov 8, 2011 4:53am
Quoting smilee89
Ok, but how do you see OB and OS on your charts?
Im not sure that I understand you. Can you be more specific!
  • #126
  • Nov 8, 2011 4:56am Nov 8, 2011 4:56am
Quoting chrys
Do you know why the mini renko chart on botton left of the chart dont show renko candle but letters?
Thank you..
Please reed post 1, and manual.
  • #127
  • Nov 8, 2011 5:07am Nov 8, 2011 5:07am
Just to show you that Im better as a sculptor than a trader!

http://www.facebook.com/profile.php?...2964&sk=photos
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Mihailo Stošović - Twins! Handle with care! - 3.jpg Size: 90 KB
Click to Enlarge Name: Mihailo Stošović - Twins! Handle with care! - 1.jpg Size: 99 KB
Click to Enlarge Name: Mihailo Stošović - Twins! Handle with care! - 2.jpg Size: 101 KB
  • #128
  • Nov 8, 2011 5:19am Nov 8, 2011 5:19am
Quoting Mihailo
Im not sure that I understand you. Can you be more specific!
You marked on one of your charts yesterday 3 cases of OB.
http://www.forexfactory.com/showthre...54#post5109954

How do you recognize it?
  • #129
  • Nov 8, 2011 5:24am Nov 8, 2011 5:24am
trix was overbought

pls note, in an uptrend there is no overbought and in downtrends there is no oversold.
Poshcom
  • #130
  • Nov 8, 2011 5:44am Nov 8, 2011 5:44am
Very Nice Work on your Sculptor Mihailo
on another note, your thread here is doing Great.
  • #131
  • Nov 8, 2011 7:02am Nov 8, 2011 7:02am
hey folks

here my daily pips
Attached Image (click to enlarge)
Click to Enlarge Name: thvrenko.jpg Size: 187 KB
Poshcom
  • #132
  • Nov 8, 2011 7:16am Nov 8, 2011 7:16am
Mihailo...i would like to ask if it is possible to Add Arrow Signals to the Main Chart for the Coral Color Change, when i look at the file for Coral it is .ex4, so i do not think i can do it.
If possible could someone be able to Add Arrows on Main screen for Color change for Coral Indicator?
Thanks
  • #133
  • Nov 8, 2011 7:28am Nov 8, 2011 7:28am
Quoting optionman
Mihailo...i would like to ask if it is possible to Add Arrow Signals to the Main Chart for the Coral Color Change, when i look at the file for Coral it is .ex4, so i do not think i can do it.
If possible could someone be able to Add Arrows on Main screen for Color change for Coral Indicator?
Thanks
it doesnt matter which colour it is. PA is below or above the coral. dont use it like a s&r. Its just to show you the direction
Poshcom
  • #134
  • Nov 8, 2011 7:34am Nov 8, 2011 7:34am
Quoting chrys
Do you know why the mini renko chart on botton left of the chart dont show renko candle but letters?
Thank you..
You need to install the fonts file Stratman.Fon, here is link how to how to install windows fonts http://windows.microsoft.com/en-GB/w...ninstall-fonts
  • #135
  • Nov 8, 2011 8:58am Nov 8, 2011 8:58am
Quoting smilee89
You marked on one of your charts yesterday 3 cases of OB.
http://www.forexfactory.com/showthre...54#post5109954

How do you recognize it?
Overbought & Oversold
Attached Image(s) (click to enlarge)
Click to Enlarge Name: overbought.gif Size: 56 KB
Click to Enlarge Name: oversold.gif Size: 57 KB
  • #136
  • Nov 8, 2011 8:59am Nov 8, 2011 8:59am
Quoting optionman
Very Nice Work on your Sculptor Mihailo
on another note, your thread here is doing Great.
Thanks friend!
  • #137
  • Nov 8, 2011 9:02am Nov 8, 2011 9:02am
Quoting FelixFX
hey folks

here my daily pips
Excellent entry!

When the chart goes blue that means that trix crosses zero line and PA crosses Coral.

  • #138
  • Nov 8, 2011 9:06am Nov 8, 2011 9:06am
Quoting optionman
Mihailo...i would like to ask if it is possible to Add Arrow Signals to the Main Chart for the Coral Color Change, when i look at the file for Coral it is .ex4, so i do not think i can do it.
If possible could someone be able to Add Arrows on Main screen for Color change for Coral Indicator?
Thanks
There is no correlation between Coral change and entry signal, but if you want to do it I will send you Coral on your email.
  • #139
  • Nov 8, 2011 10:51am Nov 8, 2011 10:51am
Today
Attached Image (click to enlarge)
Click to Enlarge Name: today.gif Size: 63 KB
  • #140
  • Nov 8, 2011 10:58am Nov 8, 2011 10:58am
Quoting Mihailo
Today
I don't see 5 indi's in RED.
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