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Renko and Rads

  • #61
  • Oct 14, 2012 11:21pm Oct 14, 2012 11:21pm
Quoting roreki
Good threat ,
I am using Renko charts too , I use 3 and 10 pip blocks with Hekn Ashi ..
Gonna keep watching your thread and will post some stuff as filters

Keep it up

Waiting your stuff and filters
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #62
  • Oct 16, 2012 9:15am Oct 16, 2012 9:15am
Sorry for being late , i just saw your post ..
Give me a couple of hours to finish my trading and i'll post what i have here

regards
  • #63
  • Oct 17, 2012 6:22am Oct 17, 2012 6:22am
Quoting roreki
Sorry for being late , i just saw your post ..
Give me a couple of hours to finish my trading and i'll post what i have here

regards
Waiting to see your filter
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #64
  • Oct 17, 2012 8:47am Oct 17, 2012 8:47am
Okay , here's what i am using as a filter on M2 renko offline chart ,
It's an indicator calls XO .. its Point and figure indicator and that helps alot with renko

here's the ind.

you can try to change the box value as what suits with your trading style on Renko , i am using 10 box value
enjoy
Attached File(s)
File Type: ex4 XO - mtf & alerts.ex4   10 KB | 1,369 downloads
File Type: mq4 XO - mtf & alerts.mq4   9 KB | 849 downloads
  • #65
  • Oct 18, 2012 9:53am Oct 18, 2012 9:53am
Quoting roreki
Okay , here's what i am using as a filter on M2 renko offline chart ,
It's an indicator calls XO .. its Point and figure indicator and that helps alot with renko

here's the ind.

you can try to change the box value as what suits with your trading style on Renko , i am using 10 box value
enjoy

How do you trade it -- show some chart examples
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #66
  • Oct 18, 2012 10:44am Oct 18, 2012 10:44am
Still try to figure out how used it -- I set to 10
Attached Image (click to enlarge)
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #67
  • Oct 18, 2012 12:48pm Oct 18, 2012 12:48pm
90 on gu -- all my trade are on explorer
Attached Image (click to enlarge)
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #68
  • Oct 21, 2012 9:11pm Oct 21, 2012 9:11pm
Quoting zamanib
90 on gu -- all my trade are on explorer
Why did you use M10 chart ?
  • #69
  • Oct 22, 2012 8:30am Oct 22, 2012 8:30am
Quoting roreki
Why did you use M10 chart ?
M10 is just a label as M2 the box size what important not the label

M10 or M2 with both box size set to 10 -- same result unless I am missing something
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #70
  • Oct 23, 2012 4:05am Oct 23, 2012 4:05am
100 pips on 4
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #71
  • Oct 23, 2012 11:33pm Oct 23, 2012 11:33pm
31 more
Attached Image (click to enlarge)
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #72
  • Oct 24, 2012 1:10am Oct 24, 2012 1:10am
there is one sneaky guy viewing my post - he know who he is

more pips
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #73
  • Oct 24, 2012 1:38am Oct 24, 2012 1:38am
There are many people with crooked psychology & claims Barry's Support Resistance indicator as their own invention , hehe..

Although it's free all over internet
Please check original thread for Barry's Support Resistance indicator here http://www.forexfactory.com/showthread.php?t=49484

It can be used very effectively using simple 1-2-3 breakouts on renko charts ...
Just buy when previous resistance broken up, & sell when previous support is broken down ... it's that simple

There's nothing as secrets in trading ... It's just psychology of traders that's moving market price

Renko can be traded with any good trend following strategy ...
Just a Heiken Ashi smoothed or simple 6-12 ema crossover enough ...
You could find many methods using renko charts here http://www.forexstrategiesresources....ex-strategies/

Just get a good money management plan & trade with good discipline ...
You can harvest your pips if you strictly stick to the rules ....
I've personally lot of setups using renko... Don't worry , i'll share it on each new posts...

Happy Pippin' Fellas
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-10-24_13-49_MetaTrader.jpg Size: 589 KB
Not all treasure is silver and gold, mate
  • #74
  • Oct 24, 2012 3:48am Oct 24, 2012 3:48am
Quoting makzer
There are many people with crooked psychology & claims Barry's Support Resistance indicator as their own invention , hehe..

Although it's free all over internet
Please check original thread for Barry's Support Resistance indicator here http://www.forexfactory.com/showthread.php?t=49484

It can be used very effectively using simple 1-2-3 breakouts on renko charts ...
Just buy when previous resistance broken up, & sell when previous support is broken down ... it's that simple

There's nothing as secrets in trading ... It's...
Super Simpel Setups great explanation keep it Pipping"
  • #75
  • Oct 24, 2012 4:35am Oct 24, 2012 4:35am
Quoting makzer
There are many people with crooked psychology & claims Barry's Support Resistance indicator as their own invention , hehe..

Although it's free all over internet
Please check original thread for Barry's Support Resistance indicator here http://www.forexfactory.com/showthread.php?t=49484

It can be used very effectively using simple 1-2-3 breakouts on renko charts ...
Just buy when previous resistance broken up, & sell when previous support is broken down ... it's that simple

There's nothing as secrets in trading ... It's just...
looking forward to seeing some of your renko setups

thanks
  • #76
  • Oct 25, 2012 7:56am Oct 25, 2012 7:56am
some more there are some loss but net prof is good see my trades on expl
Attached Image(s) (click to enlarge)
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #77
  • Oct 25, 2012 8:34am Oct 25, 2012 8:34am
Quoting zamanib
some more there are some loss but net prof is good see my trades on expl
GOOD JOB keep it ""Pipping""
  • #78
  • Oct 27, 2012 7:21am Oct 27, 2012 7:21am
zamanib,

Can you post your indicators and templates, if that's ok?
  • #79
  • Oct 28, 2012 6:52pm Oct 28, 2012 6:52pm
Looks like we're all waiting for the new templates...
Thank you.
  • #80
  • Oct 31, 2012 8:48pm Oct 31, 2012 8:48pm
http://www.forexfactory.com/showthread.php?t=392392

this is exact think I said -- only difference is 8 pips
By the way -Mr somebody came to for help he was trading 20pips - I did analysis for him to change to 15 pips renko-- Reasons smaller Sl 3bars 45 pips where as 20 pips renko will need 60 pips sl

rules buy/sell when color change

tp 2 or 3 bars = 30 45 pips
sl 45 pips plus spread

There is no difference in these 2 indicators they have the same settings
Attached File(s)
File Type: ex4 Heiken_Ashi_Smoothed_Alert.ex4   5 KB | 655 downloads
File Type: mq4 Rads HAS Ext.mq4   3 KB | 715 downloads
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
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