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RENKO system with Mihailo!

  • #1,641
  • Aug 1, 2013 12:27am Aug 1, 2013 12:27am
Quoting nasap
{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

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
  • #1,642
  • Aug 1, 2013 1:25am Aug 1, 2013 1:25am
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
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  • #1,643
  • Aug 1, 2013 3:32am Aug 1, 2013 3:32am
Quoting Zokynho
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}
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.

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regards nasap
The little nut in your head is called brain. Use it!
  • #1,644
  • Aug 1, 2013 3:47am Aug 1, 2013 3:47am
Quoting nasap
{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

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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  • #1,645
  • Aug 1, 2013 3:53am Aug 1, 2013 3:53am
Quoting Zokynho
{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}
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!
  • #1,646
  • Aug 1, 2013 4:07am Aug 1, 2013 4:07am
Quoting nasap
{quote} You kindly take a look for the settings on this post http://www.forexfactory.com/showthre...97#post6854497 regards nasap
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?
  • #1,647
  • Aug 1, 2013 4:35am Aug 1, 2013 4:35am
Quoting Zokynho
{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?
Ok, sorry my mistake! Set the parameters as shown. Then both working the same.

Attached Image
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regards nasap
The little nut in your head is called brain. Use it!
  • #1,648
  • Aug 1, 2013 4:44am Aug 1, 2013 4:44am
Quoting nasap
{quote} Ok, sorry my mistake! Set the parameters as shown. Then both working the same. {image} {image} regards nasap


Thanks Nasap everything looks fine now!
  • #1,649
  • Aug 1, 2013 8:11am Aug 1, 2013 8:11am
Quoting Zokynho
{quote} Thanks Nasap everything looks fine now!

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

Attached Image (click to enlarge)
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regards nasap
The little nut in your head is called brain. Use it!
  • #1,650
  • Aug 1, 2013 9:11am Aug 1, 2013 9:11am
Quoting nasap
{quote} So then did you take the 2nd Trade on EURUSD? {image} regards nasap
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!
  • #1,651
  • Aug 1, 2013 12:24pm Aug 1, 2013 12:24pm
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
  • #1,652
  • Aug 1, 2013 2:55pm Aug 1, 2013 2:55pm
Quoting nasap
{quote} So then did you take the 2nd Trade on EURUSD? {image} regards nasap
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.
  • #1,653
  • Aug 1, 2013 3:18pm Aug 1, 2013 3:18pm
Thats part of Linetrader. A EA that enter trades based on trend lines you draw.

To be found here. Use the Attachment function..
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  • #1,654
  • Aug 2, 2013 5:20am Aug 2, 2013 5:20am
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)
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Then if set it to m3 I get this, i.e. i do see bars
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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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Then if I restart MT4 I'm back to square one i.e. no bars displayed.
Any suggestion?
  • #1,655
  • Aug 2, 2013 6:35am Aug 2, 2013 6:35am
Quoting Toranaga
Thats part of Linetrader. A EA that enter trades based on trend lines you draw. To be found here. Use the Attachment function..
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.
  • #1,656
  • Aug 2, 2013 7:23am Aug 2, 2013 7:23am
There is also a setup pdf, but cant find it now.. Google it..
Attached File(s)
File Type: ex4 LineTrader.ex4   6 KB | 432 downloads
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  • #1,657
  • Aug 2, 2013 7:24pm Aug 2, 2013 7:24pm
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
  • #1,658
  • Aug 2, 2013 7:28pm Aug 2, 2013 7:28pm
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
  • #1,659
  • Aug 2, 2013 7:35pm Aug 2, 2013 7:35pm
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
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
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
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..
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  • #1,660
  • Aug 2, 2013 7:42pm Aug 2, 2013 7:42pm
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..)
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