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Renko 12MTR

  • #81
  • Apr 9, 2014 10:09am Apr 9, 2014 10:09am
My day has come to an end.

May look at bit strange, 1 pip gained on the day, but it was the recent GA runner at a higher leverage that saved the day. I took 2 SL's on GJ that brought the pip total down.

Anyway...many green pips to all!!
Attached Image
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  • #82
  • Apr 9, 2014 11:47am Apr 9, 2014 11:47am
Quoting SmokeyD
My day has come to an end. May look at bit strange, 1 pip gained on the day, but it was the recent GA runner at a higher leverage that saved the day. I took 2 SL's on GJ that brought the pip total down. Anyway...many green pips to all!! {image}
1 pip is better than 0 pip
And what count is a slowly & steady growing account
  • #83
  • Apr 9, 2014 9:23pm Apr 9, 2014 9:23pm
I have trade copied my live account to a demo account here so I can display all activity using my method of trading.

Although there have been several hundred downloads of the Renko 12MTR system, there has been very little interest. I know that pip derived bars/bricks like Renko or Range bars is not for everyone. I will monitor this thread for the next week or two and decide if it is worth maintaining.

Green pips to you all.
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  • #84
  • Apr 10, 2014 12:24am Apr 10, 2014 12:24am
Quoting SmokeyD
I have trade copied my live account to a demo account here so I can display all activity using my method of trading. Although there have been several hundred downloads of the Renko 12MTR system, there has been very little interest. I know that pip derived bars/bricks like Renko or Range bars is not for everyone. I will monitor this thread for the next week or two and decide if it is worth maintaining. Green pips to you all.
Hey buddy, looks like there were some nice setups during the asian session !!!

I would love to see you maintaining this thread!!
You can count me in for the future! I only have the "problem" that I have a 9-5 job and Iam only able to trade one or two times a week a full day
But Iam always around
  • #85
  • Apr 10, 2014 12:53am Apr 10, 2014 12:53am
Quoting Jeffray
{quote} Hey buddy, looks like there were some nice setups during the asian session !!! ...
I appreciate the encouragement.

GJ was a perfect Entry #2
GA had no confirmation and major move was all news driven.
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  • #86
  • Apr 10, 2014 12:58am Apr 10, 2014 12:58am
Good morning, perfect entry in the midnight y mean? (at least at my time zone), pls check the arrow thinking of shorting gu
(i know y are not trading gu, but this with ey are my pairs)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm2.png Size: 70 KB
  • #87
  • Apr 10, 2014 1:01am Apr 10, 2014 1:01am
Quoting forex_dimi
Good morning, perfect entry in the midnight y mean? (at least at my time zone), pls check the arrow thinking of shorting gu (i know y are not trading gu, but this with ey are my pairs) {image}
Would be a nice entry #2
Entry 2 because the RSI bar is still blue
Absolutely tradeable!
  • #88
  • Apr 10, 2014 1:02am Apr 10, 2014 1:02am
Iam watching GA closely at the moment...

By the way smokey, where do you come from?
  • #89
  • Apr 10, 2014 1:10am Apr 10, 2014 1:10am
Quoting forex_dimi
Good morning, perfect entry in the midnight y mean? (at least at my time zone), pls check the arrow thinking of shorting gu (i know y are not trading gu, but this with ey are my pairs) {image}
Good Morning to you.

Because the 3rd brick down from the top still shows RSI being Blue, it would be classified as a possible Entry #2. All that is missing for the Entry #2 is the AO. But...with everything else validating a Short and a strong cross of the Williams%, I would have entered a trade at the start of your arrow Brick with 1/2 of what my trade equity usually is.

Did you take that trade...and how did it turn out?
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  • #90
  • Apr 10, 2014 1:14am Apr 10, 2014 1:14am
preffered ga (my price isnt the arrow, is 377, but i am sure didnt open that at the previous brick as system says)
ps 20 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 77 KB
  • #91
  • Apr 10, 2014 1:14am Apr 10, 2014 1:14am
Quoting Jeffray
Iam watching GA closely at the moment... By the way smokey, where do you come from?
Although GA broke loose South, it still did not qualify, so I passed.

I'm from Canada, but have made Malaysia home.
Perfect part of the world to trade...Sydney opens at my 6AM...NY at my 8PM
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  • #92
  • Apr 10, 2014 1:20am Apr 10, 2014 1:20am
Quoting forex_dimi
preffered ga (my price isnt the arrow, is 377, but i am sure didnt open that at the previous brick as system says) ps 20 pips {image}
Are your bricks 8 pips?
Your chart is quite different than mine.
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  • #93
  • Apr 10, 2014 1:20am Apr 10, 2014 1:20am
Quoting SmokeyD
{quote} Although GA broke loose South, it still did not qualify, so I passed. I'm from Canada, but have made Malaysia home. Perfect part of the world to trade...Sydney opens at my 6AM...NY at my 8PM
Awesome mate!!!

My family and I are working on it to move down to australia, from germany...

Yeah! I passed on it as well! Probably it would have been a TP, but the Indicators were a bit too late for me, so I didn't took it either.
Now waiting for LO
  • #94
  • Apr 10, 2014 1:30am Apr 10, 2014 1:30am
chart is 8 bricks, but i am using RenkoLiveChart_v3.303 indicator
testing in other mt4 now to see differences (if any with yrs), but will need some minutes
  • #95
  • Apr 10, 2014 1:36am Apr 10, 2014 1:36am
Quoting SmokeyD
{quote} Although GA broke loose South, it still did not qualify, so I passed. I'm from Canada, but have made Malaysia home. Perfect part of the world to trade...Sydney opens at my 6AM...NY at my 8PM
Hi, SmokeyD. Are you mean that you staying in Malaysia now? I am from Malaysia. We are so near, hehe.. I like your system, but currently my MT4 having some problem, so can't trade at the this moment.
  • #96
  • Apr 10, 2014 1:43am Apr 10, 2014 1:43am
Quoting forex_dimi
chart is 8 bricks, but i am using RenkoLiveChart_v3.303 indicator testing in other mt4 now to see differences (if any with yrs), but will need some minutes
Ahh...ok.
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  • #97
  • Apr 10, 2014 1:43am Apr 10, 2014 1:43am
there seems to be some difference see pics attached
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Image2.png Size: 87 KB
Click to Enlarge Name: Image3.png Size: 182 KB
Click to Enlarge Name: Image4.png Size: 121 KB
  • #98
  • Apr 10, 2014 1:50am Apr 10, 2014 1:50am
Quoting Gold Miner
{quote} Hi, SmokeyD. Are you mean that you staying in Malaysia now? I am from Malaysia. We are so near, hehe.. I like your system, but currently my MT4 having some problem, so can't trade at the this moment.

Yes I am.

If you're on Demo. I suggest trying another broker, just to see if you have the same problem.
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  • #99
  • Apr 10, 2014 1:51am Apr 10, 2014 1:51am
Quoting forex_dimi
there seems to be some difference see pics attached {image} {image} {image} {image}
Very interesting, but I have no clue as to why they're so different.
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  • #100
  • Apr 10, 2014 1:55am Apr 10, 2014 1:55am
Quoting SmokeyD
{quote} Yes I am. If you're on Demo. I suggest trying another broker, just to see if you have the same problem.
which part of Malaysia? I am from Selangor, but working in KL. I am on Live account, but when I tried to place orders, it shown "Off Quotes",... my broker are figuring out now.
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