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RENKO system with Mihailo!

  • #561
  • Nov 25, 2011 6:30am Nov 25, 2011 6:30am
Quoting abc-forex
... but how long are waiting these signals? (I think more then 30 mins))))

The disadvantage of this system (and almost all scalping system) is that we must seat near our monitors for a long time waiting the signal..
But it pays off! A LOT!
  • #562
  • Nov 25, 2011 6:40am Nov 25, 2011 6:40am
Quoting Mihailo
But it pays off! A LOT!
Of course!

Have a nice weekend to all! See next trading week!
  • #563
  • Nov 25, 2011 6:54am Nov 25, 2011 6:54am
Quoting abc-forex
Of course!

Have a nice weekend to all! See next trading week!
abc I love your green cloud. I will change it for better results

have good weekend all
Poshcom
  • #564
  • Nov 25, 2011 10:27am Nov 25, 2011 10:27am
Quoting Mihailo
Morning surprise!
Hello Mihailo and thank you for sharing with us your great system
i am working it 2 weeks and done some pips thank to you!

But as my first post (i have no answer )
i notice that your results (pictures) are different than mine !
and others picture are different than mine

i have already done some tests with 2 pcs and setups with different brokers(albari-intraforex)
and i noticed that the results are indeed different!

your results and the signals are very clear than mine

Please tell me who is your broker so that i make a demo there to have the same results as you .
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  • #565
  • Nov 25, 2011 11:06am Nov 25, 2011 11:06am
Quoting asos105
Hello Mihailo and thank you for sharing with us your great system
i am working it 2 weeks and done some pips thank to you!

But as my first post (i have no answer )
i notice that your results (pictures) are different than mine !
and others picture are different than mine

i have already done some tests with 2 pcs and setups with different brokers(albari-intraforex)
and i noticed that the results are indeed different!

your results and the signals are very clear than mine

Please tell me who is your broker so that i make a demo there...
Everything is absolutely the same...

Just different tool order.

Im trading with few brokers: Insta, Tele Trade and from today Dukascopy.
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  • #566
  • Nov 25, 2011 11:16am Nov 25, 2011 11:16am
It works!.
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  • #567
  • Nov 25, 2011 11:29am Nov 25, 2011 11:29am
Quoting aborigen
It works!.
Well done my friend!

  • #568
  • Nov 25, 2011 11:33am Nov 25, 2011 11:33am
Quoting Mihailo
Everything is absolutely the same...

Just different tool order.

Im trading with few brokers: Insta, Tele Trade and from today Dukascopy.
Thanks for quick reply

tool order ok then please can you give me your templates and i make a dukas demo now

thank you Michailo
  • #569
  • Nov 25, 2011 11:42am Nov 25, 2011 11:42am
Just training on demo!
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  • #570
  • Nov 25, 2011 11:45am Nov 25, 2011 11:45am
Quoting asos105
Thanks for quick reply

tool order ok then please can you give me your templates and i make a dukas demo now

thank you Michailo
Here!
  • #571
  • Nov 25, 2011 11:52am Nov 25, 2011 11:52am
Quoting aborigen
It works!.

I do not know how, but my chart is very different than your!????
It is not same,look my picture from AUDUSD!!!!
CAN YOU TELL ME WHICH PLATFORM AND BROKER DO YOU USE?
My broker is GMT+1
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  • #572
  • Nov 25, 2011 11:55am Nov 25, 2011 11:55am
Quoting newnew
I do not know how, but my chart is very different than your!????
It is not same,look my picture from AUDUSD!!!!
CAN YOU TELL ME WHICH PLATFORM AND BROKER DO YOU USE?
My broker is GMT+1
What is the difference?
  • #573
  • Nov 25, 2011 12:24pm Nov 25, 2011 12:24pm
Quoting Mihailo
What is the difference?

See below in the 5 indicators: 13OsMACD, 13 MoneyFlowIndex...... I have buy signal afther he took short, and on his chart is not same he does not have a blue indi....My price closed above Coral his not!? I have 6 red HA but he has 5 red HA in his signal, afther it I have 6 blue HA and he has 4 blue HA, and you can see difference in last with HA and this 5 indicators.
  • #574
  • Nov 25, 2011 1:48pm Nov 25, 2011 1:48pm
Quoting newnew
See below in the 5 indicators: 13OsMACD, 13 MoneyFlowIndex...... I have buy signal afther he took short, and on his chart is not same he does not have a blue indi....My price closed above Coral his not!? I have 6 red HA but he has 5 red HA in his signal, afther it I have 6 blue HA and he has 4 blue HA, and you can see difference in last with HA and this 5 indicators.
yes you are Right

http://dl.dropbox.com/u/2434862/qq.jpg
  • #575
  • Nov 25, 2011 1:56pm Nov 25, 2011 1:56pm
Quoting newnew
See below in the 5 indicators: 13OsMACD, 13 MoneyFlowIndex...... I have buy signal afther he took short, and on his chart is not same he does not have a blue indi....My price closed above Coral his not!? I have 6 red HA but he has 5 red HA in his signal, afther it I have 6 blue HA and he has 4 blue HA, and you can see difference in last with HA and this 5 indicators.
What is your broker?

I tried this system on 8 different brokers and the picture is always the same.

The differences are minor.

Did you change some settings?

If its easier for you to speak Serbian contact me on my skype address.
  • #576
  • Nov 25, 2011 2:22pm Nov 25, 2011 2:22pm
Quoting Mihailo
What is your broker?

I tried this system on 8 different brokers and the picture is always the same.

The differences are minor.

Did you change some settings?

If its easier for you to speak Serbian contact me on my skype address.

It is forex4you
Please send me your skype contact, I can not find you.
  • #577
  • Nov 26, 2011 4:00am Nov 26, 2011 4:00am
Quoting newnew
I do not know how, but my chart is very different than your!????
It is not same,look my picture from AUDUSD!!!!
CAN YOU TELL ME WHICH PLATFORM AND BROKER DO YOU USE?
My broker is GMT+1
This is my demo account at forex4you,

It looks as same as others....

I dont get it...
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  • #578
  • Nov 27, 2011 12:19pm Nov 27, 2011 12:19pm
Mihailo ,

Congratulations for the great system you've created and decided to trade with! I have some definite questions I came upon while reading the posts you've written and think that their answers are important in order to clear things out while choosing the right time to enter a market position.

First, as I understood part of your entry strategy in the market is when M2 chart bars are below or above the Coral but not too far from it, right???
Second, I saw some graphs that you posted in which your entry is not taken when all of the 5 lights-red or blue are in accordance but only 4 of them for example. If only part of them have to lighten up which ones do you preferably choose?
Third ,you say that a position does NOT have to be taken if take profit level of 10 or 15 pips is near a major supp/resistance level. Can you show some near term examples of such levels on let's say eur/usd, because every timeframe can give you different levels of importance. In your last post (the one above mine) I see a good market opportunity right below the 0.9710-0.9700 level. Do you wait for the price to cross it southwards or you enter before that???
Fourth, I saw that you trade after faster trix has already crossed the slow trix. Does fast trix has to first come from OB or OS level and cross the 0 level or it doesn't matter????
Fifth, I also saw that you take short or long positions only when HA candles on 15m TF are respectively below or above Coral. Am I right???

Thank you for the separated time and wish happy trading!
Greetings from Bulgaria.
  • #579
  • Nov 27, 2011 1:48pm Nov 27, 2011 1:48pm
Quoting aggravator87
Mihailo ,

Congratulations for the great system you've created and decided to trade with! I have some definite questions I came upon while reading the posts you've written and think that their answers are important in order to clear things out while choosing the right time to enter a market position.

First, as I understood part of your entry strategy in the market is when M2 chart bars are below or above the Coral but not too far from it, right???
Second, I saw some graphs that you posted in which your entry is not taken when all...
Hi братко!

1. Below (short) or Above (long) and in the trend direction, more carefully if its to far!
2. Yes and its too risky... relayed on my experience.
3. I use daily Fibonachi pivots
4. It doesn't matter but can be a good point of wiew.
5. Doesn't matter

Желая ви късмет в търговията!
  • #580
  • Nov 27, 2011 3:16pm Nov 27, 2011 3:16pm
Quoting mihailo
hi братко!

1. Below (short) or above (long) and in the trend direction, more carefully if its to far!
2. Yes and its too risky... Relayed on my experience.
3. I use daily fibonachi pivots
4. It doesn't matter but can be a good point of wiew.
5. Doesn't matter

Желая ви късмет в търговията!
Благодаря братко! Успех и на теб в търговията!
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