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RENKO system with Mihailo!

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  • Post #1,641
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  • Aug 1, 2013 1:27am Aug 1, 2013 1:27am
  •  Zokynho
  • Joined Sep 2011 | Status: Member | 936 Posts
Quoting nasap
Disliked
{quote} Congrats for that perfect trade on EURUSD! 2nd trade on EURJPY we did almost the same. But why you've entered that much late on 1st trade? {image} regards nasap
Ignored

I was waiting for FPV to be broken just like on second trade which was succesfull one but yes agree that trade was mistake i should let it go and find better chance
 
 
  • Post #1,642
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  • Aug 1, 2013 2:25am Aug 1, 2013 2:25am
  •  Zokynho
  • Joined Sep 2011 | Status: Member | 936 Posts
Hey Nasap what are your trading hours,do you trade Asia?

This setup on eur/jpy was very good but i was sleeping so missed. Did you take it,please comment?

Regards
Attached Image (click to enlarge)
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  • Post #1,643
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  • Aug 1, 2013 4:32am Aug 1, 2013 4:32am
  •  nasap
  • | Commercial Member | Joined Jun 2013 | 401 Posts
Quoting Zokynho
Disliked
Hey Nasap what are your trading hours,do you trade Asia? This setup on eur/jpy was very good but i was sleeping so missed. Did you take it,please comment? Regards {image}
Ignored
Since I live in the south east of Asia I start with asian session until the end of Europe session. But I'm not on my desk all the time, therefore I have my trading times!

I did not take the opportunity on that trade because I was fully concentrated on one trade only, not to make any mistake because of the 150. winner in a row! A perfect trade on EURUSD.

Attached Image (click to enlarge)
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Size: 68 KB



regards nasap
The little nut in your head is called brain. Use it!
 
 
  • Post #1,644
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  • Aug 1, 2013 4:47am Aug 1, 2013 4:47am
  •  Zokynho
  • Joined Sep 2011 | Status: Member | 936 Posts
Quoting nasap
Disliked
{quote} Since I live in the south east of Asia I start with asian session until the end of Europe session. But I'm not on my desk all the time, therefore I have my trading times! I did not take the opportunity on that trade because I was fully concentrated on one trade only, not to make any mistake because of the 150. winner in a row! A perfect trade on EURUSD. {image} regards nasap
Ignored

Hmmmmm i was thinking about this trade on euro but VQ was doubtfoul in my case.Why isnt't same as your?

Congrats about your great results
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  • Post #1,645
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  • Aug 1, 2013 4:53am Aug 1, 2013 4:53am
  •  nasap
  • | Commercial Member | Joined Jun 2013 | 401 Posts
Quoting Zokynho
Disliked
{quote} Hmmmmm i was thinking about this trade on euro but VQ was doubtfoul in my case.Why isnt't same as your? Congrats about your great results {image}
Ignored
You kindly take a look for the settings on this post

http://www.forexfactory.com/showthre...97#post6854497

regards nasap
The little nut in your head is called brain. Use it!
 
 
  • Post #1,646
  • Quote
  • Aug 1, 2013 5:07am Aug 1, 2013 5:07am
  •  Zokynho
  • Joined Sep 2011 | Status: Member | 936 Posts
Quoting nasap
Disliked
{quote} You kindly take a look for the settings on this post http://www.forexfactory.com/showthre...97#post6854497 regards nasap
Ignored
Setting was OK except use MA filter that was on flase,but when I change it i don't see VQ at all on my chart.Installed version that you put in folder (v1.1) and you have different VQ and your is much smoother?
 
 
  • Post #1,647
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  • Aug 1, 2013 5:35am Aug 1, 2013 5:35am
  •  nasap
  • | Commercial Member | Joined Jun 2013 | 401 Posts
Quoting Zokynho
Disliked
{quote} Setting was OK except use MA filter that was on flase,but when I change it i don't see VQ at all on my chart.Installed version that you put in folder (v1.1) and you have different VQ and your is much smoother?
Ignored
Ok, sorry my mistake! Set the parameters as shown. Then both working the same.

Attached Image
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Name: Snap_2013.08.01 17.28.01_029.png
Size: 36 KB



regards nasap
The little nut in your head is called brain. Use it!
 
 
  • Post #1,648
  • Quote
  • Aug 1, 2013 5:44am Aug 1, 2013 5:44am
  •  Zokynho
  • Joined Sep 2011 | Status: Member | 936 Posts
Quoting nasap
Disliked
{quote} Ok, sorry my mistake! Set the parameters as shown. Then both working the same. {image} {image} regards nasap
Ignored


Thanks Nasap everything looks fine now!
 
 
  • Post #1,649
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  • Aug 1, 2013 9:11am Aug 1, 2013 9:11am
  •  nasap
  • | Commercial Member | Joined Jun 2013 | 401 Posts
Quoting Zokynho
Disliked
{quote} Thanks Nasap everything looks fine now!
Ignored

So then did you take the 2nd Trade on EURUSD?

Attached Image (click to enlarge)
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Name: Snap_2013.08.01 20.52.05_033.png
Size: 66 KB



regards nasap
The little nut in your head is called brain. Use it!
 
 
  • Post #1,650
  • Quote
  • Aug 1, 2013 10:11am Aug 1, 2013 10:11am
  •  Zokynho
  • Joined Sep 2011 | Status: Member | 936 Posts
Quoting nasap
Disliked
{quote} So then did you take the 2nd Trade on EURUSD? {image} regards nasap
Ignored
Hey Nasap didnt took trade because lot of news today and tomorow NFP and i am out of market till monday just watching what's going on and i opened new demo account,setting up charts and writing about money management plan on paper.Will start from monday now when i have all clear and will put here results and thought so i can teach from you day by day.

How you deal with news?

And which pairs you look at?

Regards!
 
 
  • Post #1,651
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  • Aug 1, 2013 1:24pm Aug 1, 2013 1:24pm
  •  traxis
  • | Joined Jul 2013 | Status: Member | 15 Posts
Hello All

I am new to this thread, read all the posts, set up my charts, everything is looking good ( well, most everything, to be honest ) even solved the mt4 freezing bug as I use a different RENKO EA and this EA allows me to select how many bars in history to use, I set it very low ( 7,000 ) and this gives me an offline chart with only about 400 renko bars and this solved the problem with freezing so I am guessing with others it might have been due to too large a renko chart.

In case anyone wants to give it a try, just do a search for the s-renko bars EA ( I can't post it as it is a commercial script and it came with a system I bought from NetPicks ) but I also found available at forexfactory at this link

http://www.forexfactory.com/showthre...02#post2999102

Just keep in mind I haven't tested or looked at this file above as I am using the one that I bought, but you are looking for the input parameter called "maxbars" and just set it to 7000 for the M3 off line chart ( box size is 5 pip ) and for the M2 chart where the box size is 13 pips, set the maxbars setting to 14,000. This helps keep your offline renko charts small and should prevent your mt4 platform from freezing.


Anyways, I do have a quick question for Nasap. I have played with the Ichimoku settings and my chart resembles yours, but not exactly. I have posted a pic of the settings that I am currently using, but could you let me know which settings you are using

And one last question, why do you have it follow the price action so closely as it rarely filters or delays the entry at these settings
Attached Image
 
 
  • Post #1,652
  • Quote
  • Aug 1, 2013 3:55pm Aug 1, 2013 3:55pm
  •  Zoog
  • | Joined May 2013 | Status: Member | 78 Posts
Quoting nasap
Disliked
{quote} So then did you take the 2nd Trade on EURUSD? {image} regards nasap
Ignored
Hi Nasap

Very cool system. Many thanks for all your work. One question which you may already have answered somehwere but I can't see the answer anywhere. What are the green lines entitled SB Done and SB1 Done. Are they support lines? Using what criteria? Many thanks in advance.
 
 
  • Post #1,653
  • Quote
  • Aug 1, 2013 4:18pm Aug 1, 2013 4:18pm
  •  Toranaga
  • | Joined Dec 2010 | Status: Member | 1,581 Posts
Thats part of Linetrader. A EA that enter trades based on trend lines you draw.

To be found here. Use the Attachment function..
How to opt out annoying user signatures ??
 
 
  • Post #1,654
  • Quote
  • Aug 2, 2013 6:20am Aug 2, 2013 6:20am
  •  alright
  • | Joined Aug 2008 | Status: Probably newbie | 160 Posts
Hello. First of all I want to congratulate to the thread starter Michailo (although he seems to have long disappeared), and even more to Nasap who seems to have brought it back to life in a more than brilliant way. I used to trade renko a couple of years ago but with no consistant results due to the "repainting" nature of these bars. I would be glad to give it a shot again after looking at what nasap has been capable of achieving.
I built up my own template but I'm experiencing an unusual problem with the Stratman indi, that I didn't see reported before. I've opened a new demo with icmarkets, I've built up my own template and that's what I get on the m3 chart by setting stratman to m2 (i.e. no bars)
Attached Image (click to enlarge)
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Name: Stratman m2.jpg
Size: 312 KB

Then if set it to m3 I get this, i.e. i do see bars
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Name: Stratman m3.jpg
Size: 328 KB

Then if I set the indi back to m2 I see this (which matches the indi I have on the m2 chart)
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Name: stratman m2 visible.jpg
Size: 324 KB

Then if I restart MT4 I'm back to square one i.e. no bars displayed.
Any suggestion?
 
 
  • Post #1,655
  • Quote
  • Aug 2, 2013 7:35am Aug 2, 2013 7:35am
  •  Zoog
  • | Joined May 2013 | Status: Member | 78 Posts
Quoting Toranaga
Disliked
Thats part of Linetrader. A EA that enter trades based on trend lines you draw. To be found here. Use the Attachment function..
Ignored
Thanks Toranaga. I have looked at the attachments in this thread and could not find it. I am not the most computer literate person so would you be so kind as to post it again or a link as to where I might find it. Recht herzlichen Dank.
 
 
  • Post #1,656
  • Quote
  • Aug 2, 2013 8:23am Aug 2, 2013 8:23am
  •  Toranaga
  • | Joined Dec 2010 | Status: Member | 1,581 Posts
There is also a setup pdf, but cant find it now.. Google it..
Attached File(s)
File Type: ex4 LineTrader.ex4   6 KB | 291 downloads
How to opt out annoying user signatures ??
 
 
  • Post #1,657
  • Quote
  • Aug 2, 2013 8:24pm Aug 2, 2013 8:24pm
  •  stephencraig
  • | Joined Jun 2008 | Status: Member | 23 Posts
Zoog, here is the link to the Linetrader EA (about half way down the page). There is also a video on how to use it and one on installing it there with the EA.

http://www.forexmastermethod.com/vote.html

Sorry for this newbie question, but I'm seeing the terms "VQ" (possibly in relation to the Pallada EA?) and "FPV". Could someone tell me what they mean?

Stephen
 
 
  • Post #1,658
  • Quote
  • Aug 2, 2013 8:28pm Aug 2, 2013 8:28pm
  •  stephencraig
  • | Joined Jun 2008 | Status: Member | 23 Posts
Oh, meant to ask in the last post. Has anyone found any use for the other EA's and indicators posted on the Forex Master Method site?

Stephen
 
 
  • Post #1,659
  • Quote
  • Aug 2, 2013 8:35pm Aug 2, 2013 8:35pm
  •  Toranaga
  • | Joined Dec 2010 | Status: Member | 1,581 Posts
Well, finally a further question..

"FPV" = Fibonacci Pivot Point.

There are usual Pivots and the Fibonacci one..

You have to check the Tz Pivots a lot to gain all the advantages from it..
Well written..

I like both, but work with the FPV..

http://www.maths.surrey.ac.uk/hosted-sites/R.Knott/Fibonacci/fibBio.html#

Quote
Disliked
Earlier the Persian author Abu ‘Abd Allah, Mohammed ibn Musa al-Khwarizmi (usually abbreviated to Al-Khwarizmi had written a book which included the rules of arithmetic for the decimal number system we now use, called Kitab al jabr wa‘l-muqabala (Rules of restoring and equating) dating from about 825 AD. D E Knuth (in the errata for the second edition and third edition of his "Fundamental Algorithms") gives the full name above and says it can be translated...

Quote
Disliked
Fibonacci's Mathematical Contributions

Introducing the Decimal Number system into Europe

He was one of the first people to introduce the Hindu-Arabic number system into Europe - the positional system we use today - based on ten digits with its decimal point and a symbol for zero: 1 2 3 4 5 6 7 8 9 0
His book on how to do arithmetic in the decimal system, called Liber abbaci (meaning Book of the Abacus or Book of Calculating) completed in 1202 persuaded many European mathematicians of his day to use this "new" system....

and of course..

Quote
Disliked
How Many Pairs of Rabbits Are Created by One Pair in One Year
A certain man had one pair of rabbits together in a certain enclosed place, and one wishes to know how many are created from the pair in one year when it is the nature of them in a single month to bear another pair, and in the second month those born to bear also.
He then goes on to solve and explain the solution: Because the above written pair in the first month bore, you will double it; there will be two pairs in one month.
One of these, namely the first, bears in the...

Even if i fade out, i think that had to be posted.

Fibonacci is so cool.

Have in mind, he lived almost 800 years ago and discovered something that is useful now more than ever..
How to opt out annoying user signatures ??
 
 
  • Post #1,660
  • Quote
  • Aug 2, 2013 8:42pm Aug 2, 2013 8:42pm
  •  Toranaga
  • | Joined Dec 2010 | Status: Member | 1,581 Posts
Btw. remembered,
and had a quick search.. What a insider joke, (he he) but

i really dont believe in that is a coincidence..
(And if pigeons respect that, unaware..)
Attached Image (click to enlarge)
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Name: finpig.jpeg
Size: 43 KB
How to opt out annoying user signatures ??
 
 
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