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RENKO system with Mihailo!

  • #2,281
  • Nov 12, 2013 9:01am Nov 12, 2013 9:01am
At this moment trying with the Shi-channel and doing well using it like a TP line.
GbpUsd going up for more or less 30 pips.
Picture better than words, I know.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm4.png Size: 41 KB


Share your opinions, please!!!

Pips for all! Casyo.
  • #2,282
  • Nov 12, 2013 3:35pm Nov 12, 2013 3:35pm
Hi everyone! I really expect you have had a wonderful day and traded a lot of pips.
I'm still doing research about the kind of channel Nasap has in her pictures. I hope to find the correct one for me soon and share it with all of you.
Meanwhile, here is the template, indicators and expert I use. It's quite similar to Nasap's. But I don't mind to post all of them again.

Attached File(s)
File Type: rar Renko Casyo.rar   54 KB | 1,227 downloads


Please share your opinions! I'll be glad to read them all!!! Remember, two minds think more than only one!!! So, if you use my template, could you be so kind to tell us what do you think? and if you have any idea to improve it, please share!!!!

Pips for all! Casyo.
  • #2,283
  • Nov 13, 2013 9:53am Nov 13, 2013 9:53am
Quoting Casyopea
Hi everyone! I really expect you have had a wonderful day and traded a lot of pips. I'm still doing research about the kind of channel Nasap has in her pictures. I hope to find the correct one for me soon and share it with all of you. Meanwhile, here is the template, indicators and expert I use. It's quite similar to Nasap's. But I don't mind to post all of them again. {file} Please share your opinions! I'll be glad to read them all!!! Remember, two minds think more than only one!!! So, if you use my template, could you be so kind to tell us what...
Hi Casyo
Looks nice, will try it this evning
some question to be sure, there is M4 chard it is off line too
generally the methodology is the same like original renko described before?
... and what time do you trade?
  • #2,284
  • Nov 13, 2013 11:01am Nov 13, 2013 11:01am
Quoting micello
{quote} Hi Casyo Looks nice, will try it this evning some question to be sure, there is M4 chard it is off line too generally the methodology is the same like original renko described before? ... and what time do you trade?
When we use renko, we don't use timeframe, the renko offline charts generated by the EA in m1 timeframe are the same whatever the timeframe of the renko offline chart you want to use, that is to say, the offline chart in m4 looks exactly like the offline renko chart in m3 or in m2. As a consequence, when we use renko charts we only see the price action, not the time, and I think it doesn't matter, because if I have to stay in a trade 3 hours or 30 hours I don't mind, if the system is profitable.
On the other side, I use 10 pips renko boxes for almost all the pairs, except the JPY ones, where I trade with 15 pips renko boxes, this size is good enough for me because I "see" better the chart and I don't "feel" so much "noise". My SL is always on the other side of Ichimoku cloud and now that I'm starting to feel more and more confident with this system I usually stay in the trade till the change of color in the Trix slow line, because I think it tells me the major trend, but if you're not confident enough, you can exit when the doda tells you, at first cross against the trend.

If anybody has any doubt, please don't be shy!!!

Pips for all! Casyo.

P.S: Still doing research... , hope to share the results soon with all of you!!!
  • #2,285
  • Nov 13, 2013 11:29am Nov 13, 2013 11:29am
I'll post pictures in this thread because the pictures strategies use Renko charts. Please maybe someone can help identify indicators used to snimka nA maybe someone can share the whole strategy. You will appreciate not just me.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: best.png Size: 65 KB
Click to Enlarge Name: ORIGINAL.png Size: 57 KB
t.me/mrt141184
  • #2,286
  • Nov 15, 2013 7:09am Nov 15, 2013 7:09am
Quoting magistr91
I'll post pictures in this thread because the pictures strategies use Renko charts. Please maybe someone can help identify indicators used to snimka nA maybe someone can share the whole strategy. You will appreciate not just me. {image} {image}
I don't really know which are those indicators. But, your pictures gave me a wonderful idea!
I am performing a beautiful and simple system based in renko, MACD, Mihailo's rules,... When I say it, it can look complicated, but the system is really really simple. Of course, at first, I'm going to test it in demo. I suggest all of you to do the same.
I'll post the system here, because it use Mihailo's rules, at the end of the weekend.

Pips for all! Casyo.
  • #2,287
  • Nov 15, 2013 7:14am Nov 15, 2013 7:14am
Quoting Casyopea
{quote} When we use renko, we don't use timeframe, the renko offline charts generated by the EA in m1 timeframe are the same whatever the timeframe of the renko offline chart you want to use, that is to say, the offline chart in m4 looks exactly like the offline renko chart in m3 or in m2. As a consequence, when we use renko charts we only see the price action, not the time, and I think it doesn't matter, because if I have to stay in a trade 3 hours or 30 hours I don't mind, if the system is profitable. On the other side, I use 10 pips renko boxes...
Hi,
yes I know that we don't use time-frames in renko
I mean what time during a day do you trade, it would be important to catch nice enters
  • #2,288
  • Nov 15, 2013 7:32pm Nov 15, 2013 7:32pm
Quoting micello
{quote} Hi, yes I know that we don't use time-frames in renko I mean what time during a day do you trade, it would be important to catch nice enters
Sorry, I didn't understand your question in the right way. I usually trade during the London session and the start of American session, when the volume is higher and the spreads decrease...the start of the American session is difficult to trade sometimes for me, because it is my "siesta" time.
So, I trade from 8:00 GMT to 17:00 GMT but I'm not always in front of my PC! Pallada's alarm tells me when I must be near the computer.
  • #2,289
  • Nov 15, 2013 7:49pm Nov 15, 2013 7:49pm
Quoting magistr91
I'll post pictures in this thread because the pictures strategies use Renko charts. Please maybe someone can help identify indicators used to snimka nA maybe someone can share the whole strategy. You will appreciate not just me. {image} {image}
From my point of view, when an arrow or a dot tells you the exact point to exit or enter in a trade, that is to say, when something looks too good to be true, it's because it's too good to be true and it repaints.
On the other side, you can google most of the indis used in those pictures:

-In the first one, the indicator in the bottom are the histogram for Heiken Ashi and the TrendWave
-In the second one, you have a channel...maybe based in donchian with very low settings, the green and red arrows looks like Inwmarrows with the settings (3,3,3,3), and the blue arrows looks like Doda Stochastic arrows with very little settings, maybe (4, 6.5, 4.5) or something like that and finally the last indicator in the bottom is like one I know...the value chart.

Maybe these indicators aren't the correct ones, but they look similar.
If you want them magistr91 or you don't find them, just say it and I will upload most of them...I think I have them but I have to look for.
And yes, I am a mathematician...that's my job!!! So I usually calculate settings with special care.
As always, excuse me for my terrible English and pips for all!!!

Casyo.
  • #2,290
  • Nov 17, 2013 5:00pm Nov 17, 2013 5:00pm
Quoting Casyopea
At this moment trying with the Shi-channel and doing well using it like a TP line. GbpUsd going up for more or less 30 pips. Picture better than words, I know. {image} Share your opinions, please!!! Pips for all! Casyo.
what do you set into ea renkolivechard?
  • #2,291
  • Nov 17, 2013 5:14pm Nov 17, 2013 5:14pm
Quoting magistr91
I'll post pictures in this thread because the pictures strategies use Renko charts. Please maybe someone can help identify indicators used to snimka nA maybe someone can share the whole strategy. You will appreciate not just me. {image} {image}

Where is it


Looks Intersantly....
  • #2,292
  • Nov 18, 2013 3:07am Nov 18, 2013 3:07am
Quoting magistr91
I'll post pictures in this thread because the pictures strategies use Renko charts. Please maybe someone can help identify indicators used to snimka nA maybe someone can share the whole strategy. You will appreciate not just me. {image} {image}

Here is I got it

Seller want for it 1K, but I giv you free
Attached File(s)
File Type: zip -data-anonfiles-1384759538917.zip   26 KB | 1,341 downloads
  • #2,293
  • Nov 18, 2013 7:16am Nov 18, 2013 7:16am
Quoting mara1
{quote} Here is I got it Seller want for it 1K, but I giv you free {file}
1k????
What a lot of scammers!!!!! All of those indis are available for free!!! And almost all repaints!!!!!

Anyway, thanks mara1 for your contribution!!!!!
  • #2,294
  • Nov 18, 2013 7:53am Nov 18, 2013 7:53am
hi

can anyone advise shall i short UJ ?

thanks
Attached Image (click to enlarge)
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  • #2,295
  • Nov 18, 2013 12:30pm Nov 18, 2013 12:30pm
Short? If you are following Nasap's rules, you can't go short at that moment, for two reasons:

-The first one: you haven't the 13-bricks in red.
-The second one and most important: in M2 your renko bricks are not below the coral.

I remember all of you Nasap's rules:

To take a short position:

- The four colored bricks named by 13... in red.
- Renko bricks below the coral and the Ichimoku
- Renko bricks in M2 below the coral, too.
- Pallada's alarm.

The same rules but in accordance, for a long position.
  • #2,296
  • Nov 19, 2013 10:50am Nov 19, 2013 10:50am
hi casyo,

thanks. I have try your template. i have some queries on buy/sell rules.

BUY when:
- Trix is completely blue and behind zero line. ( Is it two trix lines has to cross up the zero line?)
- Heiken Ashi opens over Ichimoku cloud
- Pallada is blue and the Doda-Stochastic in the same window is touching 80 level with the green line and it's open in an uptrend.

SELL when:
- Trix is completely red and over zero line. ( Is it two trix lines has to cross below the zero line?)
- Heiken Ashi opens behind Ichimoku cloud
- Pallada is red and the Doda is touching 20 level with the green line and it's open and showing us a downtrend.

How many pairs are u trading now?
  • #2,297
  • Nov 19, 2013 11:42am Nov 19, 2013 11:42am
Quoting joabng
hi casyo, thanks. I have try your template. i have some queries on buy/sell rules. BUY when: - Trix is completely blue and behind zero line. ( Is it two trix lines has to cross up the zero line?) - Heiken Ashi opens over Ichimoku cloud - Pallada is blue and the Doda-Stochastic in the same window is touching 80 level with the green line and it's open in an uptrend. SELL when: - Trix is completely red and over zero line. ( Is it two trix lines has to cross below the zero line?) - Heiken Ashi opens behind Ichimoku cloud - Pallada is red and the Doda...
Now trading 8 pairs.
Still with demo account, but I think soon I will open a real account.

About your questions... it's enough when the fast trix is crossing the red or the green dotted line, red for sell, green for buy, you know what I mean?
  • #2,298
  • Nov 19, 2013 11:45am Nov 19, 2013 11:45am
Another trick...note that when the Pallada calls you to buy or sell and the green stochastich it's overbought or oversold before the call, it can be a failed trade, cause momentum is exhausted. This doesn't mean, of course, that all that kind of trades will fail, but I think it's a good filter.
  • #2,299
  • Nov 19, 2013 1:20pm Nov 19, 2013 1:20pm
Anyone know about the indicator installed in the lower window of the chart?
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Attached Image
  • #2,300
  • Nov 19, 2013 5:06pm Nov 19, 2013 5:06pm
The indicator and system as I am very sure you already know or you wouldn't have the screen shot is called hama pad. It is also a commercial system and has multiple versions FX cruiser developed it and the current version has the histogram you are asking about. Last I checked fx cruiser was not selling it or allowing new members to his group. newer versions would repaint as with the one that I posted but did show promise.
Attached Image (click to enlarge)
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