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RENKO system with Mihailo!

  • #1,021
  • Dec 20, 2011 5:35pm Dec 20, 2011 5:35pm
Quoting Jon618
dude hahahah i dont use a metatrader broker.
ok i looked over the last month and ive just traded Aussie and eur/usd only.
The average win is around 9 pips i would say, now i know thats not much but i have a phobia of loosing my trade when im up 10 pips or so. the only thing that will cure that is continued consistency in my trading, that is my ultimate goal obviously, but if i just risk 3 % of my account and gain 3% daily on average then i will have a true compounding account.
by the way this has probably been my best month ever, i thank mihailo...
  • #1,022
  • Dec 20, 2011 5:36pm Dec 20, 2011 5:36pm
Quoting ruten
Hi all! At first - it is a greatest system! Pleasant to see it! Thanks Mihailo! I had the six trades, and no one is bad! As for me... I will go to Olympus with it! In future... may be...
  • #1,023
  • Dec 20, 2011 5:37pm Dec 20, 2011 5:37pm
Quoting abc-forex
my deal on EURUSD today is +46 pips
Fantastic!

  • #1,024
  • Dec 20, 2011 5:38pm Dec 20, 2011 5:38pm
Quoting ruten
as for me, the stop loss need to put below the local pin bar (to long deal). What do you think?
Good way of thinking!
  • #1,025
  • Dec 21, 2011 12:33am Dec 21, 2011 12:33am
Quoting Mihailo
It disappears somehow from your setup...
Just add it to the charts and everything will be settled if we are the same time zone.
Thanks Mihailo. It works. Great.

Cheers!
  • #1,026
  • Dec 21, 2011 12:41am Dec 21, 2011 12:41am
ahh another perfect 14 pips.
i went long Aud and not euro due to resistance.
I took profit at 72 on aussie (amazing resistance/support level)
aussie is in a big daily triangle!! if it breaks 1.0250 we are in a bull market!!
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.jpg Size: 105 KB
  • #1,027
  • Dec 21, 2011 1:12am Dec 21, 2011 1:12am
HI

first thanks for the great sofware you have designed hes only one week since i did downloaded so far no problems.
amazing system sure i am only on demo but today i did experiment very close with another system too give more precised enter point and avoid false signal .the result was unbelievable did 80 pips no lost ???/
what can i say well down sir you are a genius your system hes worth a fortune.
many thanks
sincerely
GILBERT
  • #1,028
  • Dec 21, 2011 3:17am Dec 21, 2011 3:17am
Thats all! 55+ pips for one day is very wonderful! Mihailo is greatest master!
Attached Image (click to enlarge)
Click to Enlarge Name: 21_12_today.gif Size: 31 KB
  • #1,029
  • Dec 21, 2011 3:43am Dec 21, 2011 3:43am
Quoting ellenbrook
HI

first thanks for the great sofware you have designed hes only one week since i did downloaded so far no problems.
amazing system sure i am only on demo but today i did experiment very close with another system too give more precised enter point and avoid false signal .the result was unbelievable did 80 pips no lost ???/
what can i say well down sir you are a genius your system hes worth a fortune.
many thanks
sincerely
GILBERT
  • #1,030
  • Dec 21, 2011 3:44am Dec 21, 2011 3:44am
Quoting Jon618
ahh another perfect 14 pips.
i went long Aud and not euro due to resistance.
I took profit at 72 on aussie (amazing resistance/support level)
aussie is in a big daily triangle!! if it breaks 1.0250 we are in a bull market!!
  • #1,031
  • Dec 21, 2011 4:57am Dec 21, 2011 4:57am
Hi Mihailo,

Seems that still something is wrong on my platform, so I am asking you an opinion.

I am getting buy and sell signals, but there is no indicators agreement. It's pretty weird. You can check attached picture.
This is unmodified (it's the same) template as I download it from this place (Forum).

Maybe I have to switch to another broker? Hmm... I am thinking about that.
Even more after I saw Ruten's graph and setting. Things are very clear there.

P.S. I cut off the bottom of the chart, because there is just Trix, and it's not important for the problem I am writing about.
Attached Image (click to enlarge)
Click to Enlarge Name: sell.jpg Size: 378 KB
  • #1,032
  • Edited 5:29am Dec 21, 2011 5:15am | Edited 5:29am
EU +55p
AU +24p
GU +1p
Everything is possible!!! Step by Step...
  • #1,033
  • Dec 21, 2011 5:22am Dec 21, 2011 5:22am
Dear Simbad! I received the same signals, but I am not trade it! Because is one question - where is the "Coral"? HA must to cross this line, and this is confirmation of this signal.
  • #1,034
  • Dec 21, 2011 5:49am Dec 21, 2011 5:49am
Quoting Simbad
Hi Mihailo,

Seems that still something is wrong on my platform, so I am asking you an opinion.
First of all take a look to 5! brics. All of them should be in one color.
After you have to get the confirmation from TRIX.
Coral also as confirmation.
There is no any one strong signal for sell or buy. You have to look around all the picture and get final decision by you mind.
Everything is possible!!! Step by Step...
  • #1,035
  • Dec 21, 2011 6:54am Dec 21, 2011 6:54am
To Ruten and DmitryFX...

Thanks. But, I understand rules. I am not saying that that is signal to buy or sell. I said:

"I am getting buy and sell signals, but there is no indicators agreement."

It means, there is no reason for screen to be red in that case, and to appears pop up with attention message.

I know I have to wait Coral, Ichimoku etc... but what is weird to me is red (or blue) screen with pop up attention message... but I don't see the reason for that.

Because I understand from previous explanations that pop up message will appear in case of agreement OSMA & MACD, Money Flow Index, FIM, Stochastic and CCI. Or in case of agreement in EasyRyderSignals.
But, there is no any agreement, and my screen are colored and I am getting pop up message. You can see that in picture attached in my previous post.

This is the problem, and not the rules for entry trade

But, maybe this is normal... don't know. In that case, it's strange... because I am getting attention message with no reason (or I don't see the logic behind that alert message and pop up windows).

Sorry for my English... it's not my native language, so maybe I wasn't clear enough in my earlier massages.
  • #1,036
  • Dec 21, 2011 7:05am Dec 21, 2011 7:05am
Quoting Simbad
To Ruten and DmitryFX...

Thanks. But, I understand rules. I am not saying that that is signal to buy or sell. I said:
In this case you could just delete 5signalE indicator...
Everything is possible!!! Step by Step...
  • #1,037
  • Dec 21, 2011 7:28am Dec 21, 2011 7:28am
Quoting Simbad
Hi Mihailo,

Seems that still something is wrong on my platform, so I am asking you an opinion.

I am getting buy and sell signals, but there is no indicators agreement. It's pretty weird. You can check attached picture.
This is unmodified (it's the same) template as I download it from this place (Forum).

Maybe I have to switch to another broker? Hmm... I am thinking about that.
Even more after I saw Ruten's graph and setting. Things are very clear there.

P.S. I cut off the bottom of the chart, because there is just Trix, and it's...
Simbad,

Everything is ok

That signal on your picture is without coral included.
it is little bit early just as a warning for trade.

A i piše PAŽNJA!
  • #1,038
  • Dec 21, 2011 7:30am Dec 21, 2011 7:30am
Quoting ruten
Dear Simbad! I received the same signals, but I am not trade it! Because is one question - where is the "Coral"? HA must to cross this line, and this is confirmation of this signal.
  • #1,039
  • Dec 21, 2011 7:31am Dec 21, 2011 7:31am
Quoting Simbad
To Ruten and DmitryFX...

Thanks. But, I understand rules. I am not saying that that is signal to buy or sell. I said:

"I am getting buy and sell signals, but there is no indicators agreement."

It means, there is no reason for screen to be red in that case, and to appears pop up with attention message.

I know I have to wait Coral, Ichimoku etc... but what is weird to me is red (or blue) screen with pop up attention message... but I don't see the reason for that.

Because I understand from previous explanations that pop up message...

Hi!

I believe the system tries to antecipate a possible signal, so it gives the alert and put the background blue/red.

I believe it means there is a possibility in that actual renko candle (that is not yet complete) that all signals can be aligned to create a valid signal.

Its only to warn you. That's my understanding, that might not be correct.

Cheers.
  • #1,040
  • Dec 21, 2011 7:36am Dec 21, 2011 7:36am
Quoting Mihailo
Simbad,

Everything is ok

That signal on your picture is without coral included.
it is little bit early just as a warning for trade.

A i piše PAŽNJA!
So, if I understand well - it is normal that we are getting warning messages, and pops up even if there is no any agreement... on any indicator?
To be honest, I didn't saw that before.. trading with previous version of this system. So, this is the reason why I am confused with such kind of warnings now.

Anyway... thanks!
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