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Attachments: 5 Min Keltner System
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5 Min Keltner System

  • #421
  • Jan 25, 2012 12:15am Jan 25, 2012 12:15am
Hmmm can't seem to find a renko chart..

Is this your main method? Looks pretty good to me!
  • #422
  • Jan 25, 2012 1:35am Jan 25, 2012 1:35am
Quoting chappy
Well , the only real difference is that it is on a renko chart (3 box size )
can you post your renko indicator, please?
  • #423
  • Jan 25, 2012 2:14am Jan 25, 2012 2:14am
This one works pretty well.

You must install it on a 1 min chart and then open an offline chart to view the renko .
Attached File(s)
File Type: mq4 RenkoLiveChart_v2.1.mq4   9 KB | 451 downloads
  • #424
  • Jan 25, 2012 2:31am Jan 25, 2012 2:31am
Thanks for fast reply. But it is not possible to add EA or drag and drop it to chart . So if EA is not added to chart it is also not possible to adjust box and M2 offline chart is not renko.
  • #425
  • Jan 25, 2012 2:48am Jan 25, 2012 2:48am
No , it is an indicator , not an EA ..

Go to : My Computer/Drive C/Program Files/MT4/Experts/Indicators.....

Drag & drop in indicators ..

Close and re-open MT4 , and it will be under Insert/Indicators/Custom

Then install it on a 1min chart and then open the offline chart
  • #426
  • Jan 25, 2012 3:04am Jan 25, 2012 3:04am
Working.THX

Are your entry rules?
For longs:
renko in upway
stoch crossed 20 level.
  • #427
  • Jan 25, 2012 3:55am Jan 25, 2012 3:55am
Your welcome ..

Well , in a range day like yesterday . You can enter longs @ the 20 ,

and shorts @ the 80 .

However today is more of a trend day , so I have been looking for only shorts .
And that is the tricky part of trading ,I like a macd to help see when a trend is

starting .

Remember this is a scalping set-up ,so if you take small bites until the

direction is visible , you should be safe .
Attached Image (click to enlarge)
Click to Enlarge Name: kelt.gif Size: 90 KB
  • #428
  • Jan 25, 2012 7:42am Jan 25, 2012 7:42am
Any chance you could upload your template?

The renko wont work for me for some reason...

What's your exit strat?

Thanks!
  • #429
  • Jan 25, 2012 9:40am Jan 25, 2012 9:40am
The template is the same that Paulus has posted in post #1.

When you installed the renko on your 1 min chart , did you check the box

"allow " dll imports (under common tab )?


For exits Paulus recommends exiting at the opposits keltner line .

I like to wait for the stoch to come back to the 80 or 20 .

If it is real "whippy " I'll just take 5 or 10 and wait for another signal
  • #430
  • Jan 25, 2012 1:51pm Jan 25, 2012 1:51pm
The problem may be the renko EA - its 2.1.

People generally say the first reliable version is 3.2. You can find it here on FF.
Thoughts are things
  • #431
  • Jan 26, 2012 8:45am Jan 26, 2012 8:45am
Now today was a good sideways day for the method ..( on EU anyway )

Many signals for small bites .

I won't post my chart , just curious if anyone else would be willing to post .

THX.....
  • #432
  • Jan 27, 2012 8:39am Jan 27, 2012 8:39am
#1 was not a trade by the rules . I am trying to discover how to enter in a

continuation .

In this case the stoch did not drop below the 20 . This tells me that price is

continuing up .

I took this trade as a ross hook ,which also occurs at the same time that the

stoch breaks the 80 ..
Attached Image (click to enlarge)
Click to Enlarge Name: paulus.gif Size: 53 KB
  • #433
  • Jan 27, 2012 11:11am Jan 27, 2012 11:11am
Quoting chappy
#1 was not a trade by the rules . I am trying to discover how to enter in a

continuation .

In this case the stoch did not drop below the 20 . This tells me that price is

continuing up .

I took this trade as a ross hook ,which also occurs at the same time that the

stoch breaks the 80 ..
Hi,
is this "One-Clicker" software work for you?
I thought it would be Malware.
please let me you how to use it and how do you manage this in a smaller window.
Thanks a lot for your help.
Regards
Z.
  • #434
  • Jan 27, 2012 6:37pm Jan 27, 2012 6:37pm
Yeah . I love one clicker ..I have had no problems with it , great tool for a

scalper ...

http://www.toolsfortradingtheforex.com/oc.html
  • #435
  • Jan 29, 2012 10:24am Jan 29, 2012 10:24am
Quoting chappy
The template is the same that Paulus has posted in post #1.

When you installed the renko on your 1 min chart , did you check the box

"allow " dll imports (under common tab )?


For exits Paulus recommends exiting at the opposits keltner line .

I like to wait for the stoch to come back to the 80 or 20 .

If it is real "whippy " I'll just take 5 or 10 and wait for another signal
Hi Chappy

I use MT Alpari which is 5 digits - do you configure the renko charts box size parameter to 30 (rather than 3) ?

Thanks
  • #436
  • Jan 29, 2012 11:21am Jan 29, 2012 11:21am
Hmmmm..I don.t really know ,..

Give it a try and see what it looks like , it should be similar to a 3 or 5 min chart .
  • #437
  • Jan 29, 2012 2:30pm Jan 29, 2012 2:30pm
Hey chappy I used to work with Renko charts a lot and I really liked them.
It seems like the system you are using is a mechanical system can you please post the exact rules and I will write an EA and release it here.
Thanks a lot
  • #438
  • Jan 30, 2012 12:48am Jan 30, 2012 12:48am
Wow , That would be great if you could do it .

I use the basc rules from Paulus's 1st post .

long signal :

1. Wait for price to be outside keltner , and stoch below 20 .

2. Enter as stoch crosses up through 20 .

3. Exit as price touches opposite keltner . ( You could also hold until stoch

goes up through the 80 and then exit as it comes back down through the

80 , but this may be a bit much for an EA .)

I also set the Keltner to 1.5 ATR

Stoch : 15/3/2


Paulus also moves the stop to BE at mid channel , I haven't been doing

that . but might be a good idea for an EA .

Hope this is clear enough ..Let me know if I can help ..

Thanks Again .......
Attached Image (click to enlarge)
Click to Enlarge Name: paulus.gif Size: 37 KB
  • #439
  • Jan 30, 2012 2:25am Jan 30, 2012 2:25am
Hi Chappy

Thanks for that - I think it is 50 pips for a 5 figure box.

One quick question: is there a time lag on the charts (or do i have to manual refresh the screens ?

I think if i was in live mode i would have to keep refreshing the screen

do you have this issue ?

thanks
  • #440
  • Jan 30, 2012 3:24am Jan 30, 2012 3:24am
Hmmm..no , I refresh once at start-up (to load the overnight data ) .

Then the chart stays current all day . I have no lag , but I'm only running 1

chart , 1 pair .
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