Renko Power System | Page 12 | 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 Power System
Exit Attachments

Renko Power System

  • #221
  • Jan 24, 2014 8:06am Jan 24, 2014 8:06am
Quoting Hyperfire
Hello guy's, dear Wahaj i found the problem, was the update. My mt4 yesterday got an update during this process, my antivirus get this problem when update are finished problem disappear. Now all run great, but i dslike new update on my mt4, they gave to us a new folder MQL4 where now i have to put ea and other file, in previusly version all file can be paste on Expert folder and subfolder when needed. However it's ok. Thank's and take care.
Hey Hyperfire,

Its good to know that your problem is now solved.

Best Regards and Wish you profitable trades,
PrinceWahaj
  • #222
  • Jan 24, 2014 8:57am Jan 24, 2014 8:57am
Hi Wahaj

I also took the UJ long. The cci has now passed back over the osma does this count as an exit signal or would you wait to see if price action tests the low before closing the trade?
Attached Image
  • #223
  • Edited 11:00am Jan 24, 2014 10:15am | Edited 11:00am
Quoting Oli.S
Hi Wahaj I also took the UJ long. The cci has now passed back over the osma does this count as an exit signal or would you wait to see if price action tests the low before closing the trade? {image}
Hello Oli.S,

Its your choice to take it as a close signal or not, because not every cross means exit or entry, you should use your discretion for exit, as said in my earlier posts.

From my view, UJ is struggling to test the support again but just now, it retraced again by few pips. IMO, you should let it run for more time, but we can't see the clear picture at this time. As you are only testing the system in demo, so let it run.

Update (Suggestion): If the current bar closed to Green, then let it run confidently. If the current bar closed to Red, then close. To make it easier for you, If the bar would close red, then you will have -60 pips according to my calculations and if the bar would close green, then you will have -15 pips.

Best Regards,
PrinceWahaj
  • #224
  • Jan 24, 2014 11:24am Jan 24, 2014 11:24am
Quoting panosmgr
I took this trade from my mobile phone a bit late yesterday and I couldn't inform group here about this opportunity. I also couldn't manage this trade well (because of the mobile) so... 1st target only a few pips but the 2nd half now run in good pips (around 70) with trail stop 30pips. Thank PrinceWahaj! {image} {image}

Do you have this trade setup in mobile. If yes can you please help me.

Thanks
  • #225
  • Jan 24, 2014 11:45am Jan 24, 2014 11:45am
Quoting fxtradernew
{quote} Do you have this trade setup in mobile. If yes can you please help me. Thanks
No, no my friend.

I have no mobile mt4 but I login via Teamviewer from my mobile phone to my laptop at home. That's the reason I cannot do much with a 4'' screen from my mobile.

Wahaj, Oil.S... I have still open my USDJPY trade... now around -25pips.
  • #226
  • Jan 24, 2014 12:05pm Jan 24, 2014 12:05pm
Quoting panosmgr
{quote} No, no my friend. I have no mobile mt4 but I login via Teamviewer from my mobile phone to my laptop at home. That's the reason I cannot do much with a 4'' screen from my mobile. Wahaj, Oil.S... I have still open my USDJPY trade... now around -25pips.
Hey Panos,

Yes, Lets hope for the good!

But, nothing to get worried for me because my trade is already closed at +30 pips because of early entry.

FYI, all kinds of observations says that our decision is correct! so, you guys can wait for now with hopes that the price will go up, but the decision is in your hand!

Best Regards,
PrinceWahaj
  • #227
  • Jan 26, 2014 4:21pm Jan 26, 2014 4:21pm
Quoting panosmgr
Real Time... Just took this trade.. USDJPY {image}
Not a good start this week from my open trade of last week ...

Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 9 KB
  • #228
  • Jan 27, 2014 1:24am Jan 27, 2014 1:24am
New trade for be before a few minutes...

Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 52 KB
  • #229
  • Jan 27, 2014 1:58am Jan 27, 2014 1:58am
..and GBPUSD...

Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 56 KB
  • #230
  • Jan 27, 2014 4:04am Jan 27, 2014 4:04am
Hey Panos,

Good Luck with your trades!

GU and AJ trades seems good trades, Our UJ decision was correct but because of the Gap in opening today's UJ daily candle, we can see that there were gaps in most pairs, UJ today's high is 102.76 and low is 101.76, we took buy trade on 102.40 but our stop-loss hit, but nothing to get worried because big trades are near to come.

Just a suggestion: Look for buy trade setup on GBP/JPY .

As its a month of January and very near to its end, you can expect some fishy things!

Best Regards and Best Wishes,
PrinceWahaj
  • #231
  • Jan 27, 2014 4:09am Jan 27, 2014 4:09am
Quoting wahaj
.... Just a suggestion: Look for buy trade setup on GBP/JPY ...
Thanks for the advice Wahaj, my eyes will be on GBPJPY...
  • #232
  • Jan 27, 2014 4:16am Jan 27, 2014 4:16am
Hi Guys!! I'm new here on this thread. First I'll say to all Hello and wish only profit positions.

I have problem with this tpl. Any refresh or upload do not fix it. Can some body help me? What I must to do?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm-m2-exness-ltd.png Size: 23 KB
  • #233
  • Jan 27, 2014 4:50am Jan 27, 2014 4:50am
Quoting xkubas
Hi Guys!! I'm new here on this thread. First I'll say to all Hello and wish only profit positions. I have problem with this tpl. Any refresh or upload do not fix it. Can some body help me? What I must to do? {image}
Hello xkubas,

Welcome on the thread!

Do you have enough history? at least 2 months data is recommended for the indicators to work properly, some can work in 1 month data but 2 months data is highly recommended!

You can try to add indicators manually:
Psar - 0.02 and 0.2
OsMA - default and CCI (8) combined - All apply to close
RenkoAMv2.0 - Make 5.00 level (Optional Indicator)
Semafor - (For possible reversal ideas but Optional)

Best Regards,
PrinceWahaj
  • #234
  • Jan 27, 2014 4:53am Jan 27, 2014 4:53am
Ok, I will try to longer history data upload. All indicator I try to add manualy. But it not work. Mayby it is history data problem.
  • #235
  • Jan 27, 2014 5:35am Jan 27, 2014 5:35am
ALL works!!! Thx PrinceWahaj
  • #236
  • Jan 27, 2014 5:58am Jan 27, 2014 5:58am
Quoting panosmgr
..and GBPUSD... {image}
Closed both positions in profit

Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 9 KB
  • #237
  • Jan 27, 2014 6:38am Jan 27, 2014 6:38am
Quoting panosmgr
{quote} Closed both positions in profit {image}
Your AJ is also in profit! almost +30 pips
  • #238
  • Jan 27, 2014 6:44am Jan 27, 2014 6:44am
Quoting wahaj
{quote} Your AJ is also in profit! almost +30 pips
Right wahaj

1st pos closed with 20pips... send running with TS 25pips.

Screenshot-prove later
  • #239
  • Jan 27, 2014 8:12am Jan 27, 2014 8:12am
Quoting panosmgr
New trade for be before a few minutes... {image}
Another one in profit...

Attached Image (click to enlarge)
Click to Enlarge Name: 3.PNG Size: 6 KB
  • #240
  • Jan 27, 2014 10:32am Jan 27, 2014 10:32am
hi..
I have a problem about Renko chart.
I was using Renko Chart

RenkoLiveChart_v3.2

but MT4 updated on 10 January 2014,
after that i couldn't open.
i dont see EURUSD,M2 or EURUSD,M4 or any kind of gbpusd, usdjp.. etc.. on "open offline"

Did anyone see that problem? (I am from Turkey)
how can be?
0 traders viewing now