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Renko 12MTR

  • #261
  • Apr 23, 2014 5:53pm Apr 23, 2014 5:53pm
My last 2 trading days are the result of what happens without 100% focus. Dealing with several home front issues the last couple of days have left me little time to focus on the markets...and my results are a direct reflection of that.

A good lesson/reminder for everyone. 100% focus or nothing.
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  • #262
  • Apr 23, 2014 8:06pm Apr 23, 2014 8:06pm
I agree SmokeyD. Last night I also forced a trade on GY and lost... oh well...

Good Morning everyone! Good luck to us today!
  • #263
  • Apr 23, 2014 8:10pm Apr 23, 2014 8:10pm
Quoting Patmontes
I agree SmokeyD. Last night I also forced a trade on GY and lost... oh well... Good Morning everyone! Good luck to us today!
Wishing all a Smart and Focused day of trading as well. (sorry Patmontes...I don't believe in luck )
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  • #264
  • Apr 23, 2014 10:41pm Apr 23, 2014 10:41pm
Quoting SmokeyD
{quote} Wishing all a Smart and Focused day of trading as well. (sorry Patmontes...I don't believe in luck )
haha fair enough... we make our own destiny by our own actions
  • #265
  • Apr 23, 2014 10:54pm Apr 23, 2014 10:54pm
Quoting Patmontes
{quote} haha fair enough... we make our own destiny by our own actions
I couldn't agree more!

We Are what we Do, Not what we say. (I read that somewhere a long time ago)
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  • #266
  • Apr 24, 2014 12:05am Apr 24, 2014 12:05am
Smokey, do you move SL to BE or a little above BE when you are nearing TP or a bit of profit?
  • #267
  • Apr 24, 2014 3:26am Apr 24, 2014 3:26am
Quoting Patmontes
Smokey, do you move SL to BE or a little above BE when you are nearing TP or a bit of profit?
If I'm a couple points away from TP and I have to leave my screen for some reason, yes I will move to BE. Also anytime I decide to risk going for more than the 2 brick TP I will move to BE.
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  • #268
  • Apr 24, 2014 5:36am Apr 24, 2014 5:36am
Hi SmokeyD,
Congratulation for you new system and demo trade explorer.
but...// if anybody (not only you) not follow the rules of system will have to suffer the losses, specially those trade which you are opening without predetermine goal ( TP/SL/Rewards Ratio) .
please don't get any negative fames from my comments.
best of luck.
Regards
hukam
  • #269
  • Apr 24, 2014 9:09am Apr 24, 2014 9:09am
How are the runners doing?
  • #270
  • Apr 24, 2014 7:44pm Apr 24, 2014 7:44pm
Hey guys, if you are using the template in the 1st post for setting up your charts, make sure you double check the smoothed/exponential/simple of the MA6/MA2/MA8 of the 1st and 2nd indicator windows (Williams and MOM TC). Need to make few adjustments per SmokeyD's settings on the 1st page.
  • #271
  • Apr 24, 2014 10:22pm Apr 24, 2014 10:22pm
Quoting hukam
Hi SmokeyD, Congratulation for you new system and demo trade explorer...
Thank-you Hukam.
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  • #272
  • Apr 28, 2014 2:15am Apr 28, 2014 2:15am
Hi Smokey, back from Easter holidays (returned on Friday, but wasnt in the mood to trade). Took 4 trades from the morning (1 of them, gold, was demo one), GJ long (the trade y took too), the gold short (same trade as yrs), a gnzd long and a gaud long now. The trades I see in the myfxbook are real ones? I ask because i cannot understand why y didnt close the gold one. It seemed that got lucky and didnt open the long at the gaud the time y took it (y must agree that it was aggresive trade).
Thanks again for the system, I am impressed, bad luck that people didnt like it.
  • #273
  • Apr 28, 2014 3:48am Apr 28, 2014 3:48am
Quoting forex_dimi
Hi Smokey, back from Easter holidays (returned on Friday, but wasnt in the mood to trade). Took 4 trades from the morning (1 of them, gold, was demo one), ...
Hope you enjoyed your holidays!

Last week was my worst week with this system. A lot of personal issues going on and lack of focus showed in my weekly results. This is a business where you're in with 100% or stay out.

I don't believe in luck...I believe in preparedness (or not) for opportunities presented to us. I didn't expect many to gravitate to this system. Most...just like me for several years, want the holy grail...small risk (SL) and catch all the big runs...not going to happen.

One aspect of this system is the ability (time and focus) to catch all the setups. I am no coder, so I am in contact with a couple programmers to come up with an indi for the the system that will at least send us an alert for the qualified setups. Not sure at this point if it will ever turn into a fully automated EA, but we'll see.

I appreciate your support, and wishing you many green pips!

EDIT: Yes, the myfxbook is the same as trade explorer here in FF which is trade copied from my live account.
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  • #274
  • Apr 28, 2014 7:24am Apr 28, 2014 7:24am
Quoting SmokeyD
{quote} I am no coder, so I am in contact with a couple programmers to come up with an indi for the the system that will at least send us an alert for the qualified setups. Not sure at this point if it will ever turn into a fully automated EA, but we'll see.
These are great news! Thank you for your efforts!
  • #275
  • May 4, 2014 9:32am May 4, 2014 9:32am
Hey Smokey,

great at job great system..thanks for sharing it!

i do have an issue though... For some reason I can load up any pair with renko except for gold.. Going nuts trying to figure out why. Any help would be much appreciated! Thank again for all of you effort on the thread
  • #276
  • May 4, 2014 10:53am May 4, 2014 10:53am
hi guys, here is a change colour candle indy i found and a new brick indy as well. hope this helps the hunt for pips!
Attached File(s)
File Type: mq4 New_Candle_Alarm.mq4   1 KB | 320 downloads
Attached File(s)
File Type: mq4 RenkoColorChangeAlarm.mq4   2 KB | 330 downloads
  • #277
  • May 4, 2014 5:06pm May 4, 2014 5:06pm
Quoting Kwood
Hey Smokey, great at job great system..thanks for sharing it! i do have an issue though... For some reason I can load up any pair with renko except for gold.. Going nuts trying to figure out why. Any help would be much appreciated! Thank again for all of you effort on the thread
Market has to be open
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  • #278
  • May 4, 2014 5:19pm May 4, 2014 5:19pm
yes. i realize that. had tried it last week. will give it another go once it reopens. also i wanted to ask you about you "myfxbook" looks like only 83 pips for April. did you not trade much or just wasn't a good month? seem like this system would have more after a month. just curious..
  • #279
  • May 4, 2014 8:52pm May 4, 2014 8:52pm
Quoting Kwood
yes. i realize that. had tried it last week. will give it another go once it reopens. also i wanted to ask you...
Trade Explorer and myfxbook only started around 4/10 and I did very little trading the last 10 days of April. This is definitively a system that needs attention to do very well. As I've stated from the beginning, the SL is twice the TP so one has to catch the majority of qualifying trades.
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  • #280
  • Last Post: Jun 19, 2014 8:29am Jun 19, 2014 8:29am
Pretty sad that it had become quiet here recently. Would be interested if others have become profitable trading this systems and if SmokeyD's efforts coding an indicator alerting for the qualified setups have been successful.

Cheers, Sputnik.
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