RENKO system with Mihailo! | Page 88 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

My Renko System Discussion 10 replies

RENKO Trading SYSTEM - RENKO Indicators 7 replies

Renko system 13 replies

Simple Renko System 208 replies

New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies

Attachments: RENKO system with Mihailo!
Exit Attachments

RENKO system with Mihailo!

  • #1,741
  • Aug 8, 2013 9:34pm Aug 8, 2013 9:34pm
Quoting Zokynho
{quote} Thanks Nasap! Yes those charts are correct ones! will try to see what can be done with median renko,think our SL could be better is we use median than current an those bricks are much smoother. Have you tried median Nasap? Regards!
I've never used it before will give it a try

regards nasap
The little nut in your head is called brain. Use it!
  • #1,742
  • Aug 8, 2013 9:35pm Aug 8, 2013 9:35pm
Quoting Blackeagle
{quote} No, why?
Because i had the same proble about pallada Crash and with the setting to FALSE no more problem...try it and let me know

Regards
  • #1,743
  • Aug 8, 2013 9:39pm Aug 8, 2013 9:39pm
Weekend already!

11 Trades with a total of +480 Pip and another +300 beside the Renko Thv 5! system. AUDJPY was working great for me in this week.

Attached Image (click to enlarge)
Click to Enlarge Name: Snap_2013.08.09 09.08.45_015.png Size: 75 KB


Have a nice weekend

regards nasap
The little nut in your head is called brain. Use it!
  • #1,744
  • Aug 9, 2013 3:38am Aug 9, 2013 3:38am
Hi,
Nasap.
Sir its been a long time we have spoken.... sir, could you please let me know how to set the trailing stop for Line trader EA? Is there a posibilty?
PLease let me know..
Regards,
Ravi
PS: And yes the system is perfect and we are getting saved from many whipsaws... thanks a lot
Ravi Kiran T V
  • #1,745
  • Aug 9, 2013 4:01am Aug 9, 2013 4:01am
sir,
one more question. The Line trader ea would draw circles as soon as it has executed the trades. Now it is not doing, but executing the trades. How do we make it draw ? Please tell me .
Regards,
Ravi Kiran T V
  • #1,746
  • Aug 9, 2013 4:07am Aug 9, 2013 4:07am
Quoting maechilin
{quote} here is my chart with median renkochart {image}
Hi Maechilin

are you able to post it or do you know where i could get a copy of your trend strength indicator

many thanks

Mark
  • #1,747
  • Aug 9, 2013 4:21am Aug 9, 2013 4:21am
Quoting maccanz
{quote} Hi Maechilin are you able to post it or do you know where i could get a copy of your trend strength indicator many thanks Mark
Hi maccanz, here is the indicator
Attached File(s)
File Type: ex4 Trend_Strength.ex4   5 KB | 542 downloads
  • #1,748
  • Aug 9, 2013 9:29pm Aug 9, 2013 9:29pm
ok I have hesitated to post this till I could be sure that it was not me. The indicator plots different values on the HA depending on the platform you are on. Is there a patch for this The attached screen shots are for alpari an fxdd the results were even worse for oanda and fxcm . I have been watching it for over 3 weeks. On the oanda platform it will repaint and then repaint back to the original depending on the volatility of the market..

comments ideas
Attached Image (click to enlarge)
Click to Enlarge Name: problems.jpg Size: 61 KB
  • #1,749
  • Aug 10, 2013 8:00am Aug 10, 2013 8:00am
Ok so I had originally asked a question as to if the system is still being traded on the explorer account and if so it has not shown a profit in a very long time. I like the idea of Renko charting because it keeps it simple but in doing research have heard that it can be sporadic on meta trader I posted the 2 screen shots form fxdd and alpari and in this post is the same time frame settings etc for oanda.

Its completely different!!!!

Is there a bug that needs to be fixed is this just an apparition or is it the norm.

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: oanda.jpg Size: 62 KB
  • #1,750
  • Aug 10, 2013 9:31am Aug 10, 2013 9:31am
Quoting kickme
Ok so I had originally asked a question as to if the system is still being traded on the explorer account and if so it has not shown a profit in a very long time. I like the idea of Renko charting because it keeps it simple but in doing research have heard that it can be sporadic on meta trader I posted the 2 screen shots form fxdd and alpari and in this post is the same time frame settings etc for oanda. Its completely different!!!! Is there a bug that needs to be fixed is this just an apparition or is it the norm. Thanks {image}

Unless you have checked to see that there is no holes in any of the data for both companies, then you are bound to have different charts as the data is definitely going to be different.. There are often gaps in the data from metatrader..... and each broker will have different gaps...

You may have to consider using dukas or tickstory to get better data, then you can make comparisons
  • #1,751
  • Aug 10, 2013 2:40pm Aug 10, 2013 2:40pm
Quoting Blaiserboy
{quote} Unless you have checked to see that there is no holes in any of the data for both companies, then you are bound to have different charts as the data is definitely going to be different.. There are often gaps in the data from metatrader..... and each broker will have different gaps... You may have to consider using dukas or tickstory to get better data, then you can make comparisons
Not really sure what you mean by that I have to trade off the data of my broker. How do you check the data? I am not trying to cut on this system rather make sure that I have everything correct?

In doing some additional research outside this realm Renko can be sporadic in its plotting because of the variance in spreads which can be magnified in times of low liquidity if this is the case and there is a bug like that it makes sense that I would see the variance in charts on a Friday afternoon in the summer and perhaps we can work around it.
  • #1,752
  • Aug 10, 2013 5:55pm Aug 10, 2013 5:55pm
Quoting kickme
{quote} Not really sure what you mean by that I have to trade off the data of my broker. How do you check the data? I am not trying to cut on this system rather make sure that I have everything correct? In doing some additional research outside this realm Renko can be sporadic in its plotting because of the variance in spreads which can be magnified in times of low liquidity if this is the case and there is a bug like that it makes sense that I would see the variance in charts on a Friday afternoon in the summer and perhaps we can work around it....
Metatrader 4 has poor data. many people know this to be true..

Check out Dukas and tickstory and make sure you have good data...

There are softwares that detect holes in data..
  • #1,753
  • Aug 11, 2013 3:15am Aug 11, 2013 3:15am
Quoting nasap
Weekend already! 11 Trades with a total of +480 Pip and another +300 beside the Renko Thv 5! system. AUDJPY was working great for me in this week. {image} Have a nice weekend regards nasap
May I ask what is the other indicator in the pallada window? Thanks
  • #1,754
  • Aug 11, 2013 2:02pm Aug 11, 2013 2:02pm
Quoting nasap
Weekend already! 11 Trades with a total of +480 Pip and another +300 beside the Renko Thv 5! system. AUDJPY was working great for me in this week. {image} Have a nice weekend regards nasap
Congrats may your winning ways continue.

Would it be at all possible for you to post the charts after you take the trade so that others may try and duplicate your success and we can then see what we are missing. In the 2 months since I have started trading this the best I can do is a break even.

Kind Regards
  • #1,755
  • Aug 11, 2013 5:36pm Aug 11, 2013 5:36pm
Quoting Zokynho
{quote} Yes Blaeckeagle will try with another broker! Regards
Hi Nasap,

At your post no:1743 gragh, I saw some extra indi.s on Pallada indicator.
Can you share that, please?
Sorry for my bad English.

Thanks,
Regards,
BMUTLU
  • #1,756
  • Aug 11, 2013 7:01pm Aug 11, 2013 7:01pm
This time a loser after perfect entry.

Regards,
Blackeagle
Attached Image (click to enlarge)
Click to Enlarge Name: audjpym3.png Size: 115 KB
  • #1,757
  • Aug 11, 2013 8:55pm Aug 11, 2013 8:55pm
Long with a target of 88.98
Attached Image (click to enlarge)
Click to Enlarge Name: long.jpg Size: 47 KB
  • #1,758
  • Aug 11, 2013 10:09pm Aug 11, 2013 10:09pm
Target hit up 57 reverse on candle change
Attached Image (click to enlarge)
Click to Enlarge Name: target revers.jpg Size: 51 KB
  • #1,759
  • Aug 11, 2013 10:14pm Aug 11, 2013 10:14pm
short taken target open
Attached Image (click to enlarge)
Click to Enlarge Name: reverse.jpg Size: 46 KB
  • #1,760
  • Aug 11, 2013 10:53pm Aug 11, 2013 10:53pm
Out on change for 12 pips done for night
Attached Image (click to enlarge)
Click to Enlarge Name: out.jpg Size: 36 KB
2 traders viewing now