Disliked{quote} please can any one upload or share with me this Line Trader EAIgnored
put it in your experts folder .
Regards .
Bilal .
Attached File(s)
- #1,968
- Sep 11, 2013 12:22pm Sep 11, 2013 12:22pm
Why are these differences? The first is the graph on my computer, the second is the graph on my laptop. They are the same parameters in both cases. Can you post a chart, please? What is the best chart? {image} {image}
Not sure what you mean by which chart is best. Are they different settings? If not here we go.
Renko is a price based strategy what this means is that we are no longer looking at time. Each candle is plotted based on the price range. This can cause your candles, day close time, etc. To vary from broker to broker.
Why is this? Each broker quotes a price based on the interbank rate and their shade (shade is the counter position they take in regards to what the retail sum total is) and markup. One broker may be at 100.234 while another broker may be at 100.237 this little difference may not seem like very much but it becomes a bigger issue as to when a candle will close and a new one will open, For example: If FXDD is at 100.332 and Alpari is at 100.339 the next tick up could cause a new a new candle to form on Alpari but not on FXDD. This can also cause a candle to repaint once the tick is made up.
Because of the aforementioned this can also cause a problem with other indicators repainting or lagging even more.
Now for my candles they are not being recolored they are a custom indicator designed by Calstar please contact him for more info.
Killerno Why don't you actually contribute something to the thread before you start asking people to leave it. How about the non repainting semafor that you have or the other indicators? There are people trying to do ABC counts and that indicator will be a positive contribution. As for sharing my system how much more plain can I be I am trading Renko naked. Attached is I think a similar indicator to the semafor (I have never used this) but may help some in counting waves.
There I shared
Another 40 on GBP after the false signal
- #1,971
- Edited 1:45pm Sep 11, 2013 1:14pm | Edited 1:45pm
- | Joined Mar 2011 | Status: Trader | 230 Posts
{quote} Not sure what you mean by which chart is best. Are they different settings? If not here we go. Renko is a price based strategy what this means is that we are no longer looking at time. Each candle is plotted based on the price range. This can cause your candles, day close time, etc. To vary from broker to broker. Why is this? Each broker quotes a price based on the interbank rate and their shade (shade is the counter position they take in regards to what the retail sum total is) and markup. One broker may be at 100.234 while another broker...
Thank you for your answer and for your help! I use only one broker in the present: Armada Markets! I used the same settings on my PC and on my laptop. But the charts are so different!
But I believe that I found the cause of these differences! I downloaded RenkoLiveChart_v3.2 from 2 different sources.
- #1,974
- Sep 11, 2013 3:27pm Sep 11, 2013 3:27pm
{quote} Hello I have never heard of "parellel renko" I have used about every indicator out there including median Renko. There is no reason for me to try anything else out for my trading how much more can I improve my results? I have 390 pips in 4 days. Would have had more but I closed trades that are still profitable. 3 of 4 trades were winners. The Loonie trade I closed is still going. Absolutely no reason for me to look elsewhere at some new thing. Post it here maybe others can use it. {image}
Hope it uploaded ok as i've not uploaded to ff before.
- #1,979
- Sep 12, 2013 2:58am Sep 12, 2013 2:58am
The perfect timing to enter in a Trade!
This is just a quick lesson to perform your entries. The small letters abc are for the better orientation, to show where we are on M2 / M3.
I bet most will enter on level (b) becoz of not studying enough the charts or just becoz of being impatient. Ok, just look back on your charts and you will find many of those setups. After PA is breaking the Coral (M2) it will pull back. The end of that pull back should be the Coral (M3). Means PA is very close to the Cloud & Coral! If using the #Pallada VQI, there mus be a clear signal for the desired direction. Enter the Trade on 2nd or 3rd bar of block indicator if candle closes above cloud (opposite for short).
That's it! But always think about, this system is not a holy grail and nobody can grant you a successful Trade.
I hope this are some useful information other than just posting useless charts without any information. There are some idiots out here hanging on a frequented thread and posting their bullshit!
Always good luck and happy trading!
regards nasap
This is just a quick lesson to perform your entries. The small letters abc are for the better orientation, to show where we are on M2 / M3.
I bet most will enter on level (b) becoz of not studying enough the charts or just becoz of being impatient. Ok, just look back on your charts and you will find many of those setups. After PA is breaking the Coral (M2) it will pull back. The end of that pull back should be the Coral (M3). Means PA is very close to the Cloud & Coral! If using the #Pallada VQI, there mus be a clear signal for the desired direction. Enter the Trade on 2nd or 3rd bar of block indicator if candle closes above cloud (opposite for short).
That's it! But always think about, this system is not a holy grail and nobody can grant you a successful Trade.
I hope this are some useful information other than just posting useless charts without any information. There are some idiots out here hanging on a frequented thread and posting their bullshit!
Always good luck and happy trading!
regards nasap
The little nut in your head is called brain. Use it!