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More simple is impossible

  • #1
  • First Post: Nov 18, 2014 11:13am Nov 18, 2014 11:13am
Hi everyone:

Trading is a stupid game and people are playing this game like complicated things.

One chart.
Attached Image (click to enlarge)
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That which you give to others, life will return it in spades
  • #2
  • Nov 18, 2014 11:15am Nov 18, 2014 11:15am
The same chart.

More easy to look.

I think.
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That which you give to others, life will return it in spades
  • #3
  • Nov 18, 2014 11:21am Nov 18, 2014 11:21am
Now you can add some indicators..... oscilators...... for lose money.

Or you can accept that trading is so simple. Yes.

In previous chart i taked 13 entries. 8 winners, 1 BE, 3 lossers. 205 net pips only in this cross and only today. With no indicators. Only daytrading. Buy sell, sell buy. Simple entries.

Now imagine that yo can do in another crosses.

Anyone can tell me when you take this entries only looking this HA chart?.
That which you give to others, life will return it in spades
  • #4
  • Nov 18, 2014 11:26am Nov 18, 2014 11:26am
seems interesting,
did you use renko chart on 5 minute chart?
wich is the brikcs size?
  • #5
  • Nov 18, 2014 11:29am Nov 18, 2014 11:29am
Quoting dnabrasil
seems interesting, did you use renko chart on 5 minute chart? wich is the brikcs size?
Hi dnabrasil:

Yes, Heiken ashi aplicated to 5m renko chart. 5 pips brick.
That which you give to others, life will return it in spades
  • #6
  • Nov 18, 2014 11:34am Nov 18, 2014 11:34am
Quoting Jaquemate
{quote} Hi dnabrasil: Yes, Heiken ashi aplicated to 5m renko chart. 5 pips brick.
could you upload your renko ea, i have one that is old..

and why you don't apply to M1, i used renko some years ago, and i know it should be attached on a M1 chart, but is possible something changed!!
  • #7
  • Nov 18, 2014 11:37am Nov 18, 2014 11:37am
The last trade:

SL: 10 pips.

Simple.
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Click to Enlarge Name: EURJPYM2.png Size: 46 KB
That which you give to others, life will return it in spades
  • #8
  • Nov 18, 2014 11:41am Nov 18, 2014 11:41am
Nice start. Subscribed.
  • #9
  • Nov 18, 2014 11:52am Nov 18, 2014 11:52am
Quoting Jaquemate
{quote} Hi dnabrasil: Yes, Heiken ashi aplicated to 5m renko chart. 5 pips brick.
I think renko is bricksize related so it is either a renko chart or a time-related chart like M5.
  • #10
  • Nov 18, 2014 11:52am Nov 18, 2014 11:52am
The same chart without heiken ashí.
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That which you give to others, life will return it in spades
  • #11
  • Nov 18, 2014 11:54am Nov 18, 2014 11:54am
Im using this expert aplicated to 5m chart. There are more renko experts.
Attached File(s)
File Type: ex4 RenkoLiveChart_v3.4.ex4   12 KB | 21,571 downloads
That which you give to others, life will return it in spades
  • #12
  • Nov 18, 2014 11:54am Nov 18, 2014 11:54am
Also, how long have you been trading this system? How many trades in total since the start? What are the results? SL, Targets, ratio's etc
  • #13
  • Nov 18, 2014 11:58am Nov 18, 2014 11:58am
A renko against me -5.
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That which you give to others, life will return it in spades
  • #14
  • Nov 18, 2014 11:59am Nov 18, 2014 11:59am
Another perspective
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That which you give to others, life will return it in spades
  • #15
  • Nov 18, 2014 12:04pm Nov 18, 2014 12:04pm
Now the simplicity is the key.

Probably this is a loser trade -10 pips. I will close this trade in loss when a new 5 pips renko brick is formed when price reach 146.40.

Then i open a buy trade at 146.40 with the same stop 10 pips.
That which you give to others, life will return it in spades
  • #16
  • Nov 18, 2014 12:06pm Nov 18, 2014 12:06pm
Hi jaquemate, every time i've tried setting up a renko/HA chart my platform kept freezing. can you post instructions on how to set up...or your template. thanks
  • #17
  • Nov 18, 2014 12:11pm Nov 18, 2014 12:11pm
-10. Opened a buy. (really i dont take this trade to this hour. So late for me).

Only breaking a simple trend line. Thats all. There is no secret. No algorithm. No indicators. No sofisticated systems. There is nothing new.

Sorry if you are waiting for a profesional traders secret but really ..... professional traders dont have sofisticated secrets....... holy grails....

Sorry if you are defraudated.....
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That which you give to others, life will return it in spades
  • #18
  • Nov 18, 2014 12:15pm Nov 18, 2014 12:15pm
Renko gives a lot of Low Risk entries for intraday, short and long term traders.
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That which you give to others, life will return it in spades
  • #19
  • Nov 18, 2014 12:20pm Nov 18, 2014 12:20pm
HA and renko eliminate the noise and gives low risk entries.
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That which you give to others, life will return it in spades
  • #20
  • Nov 18, 2014 12:23pm Nov 18, 2014 12:23pm
Audusd. The same principle. In this case taking the trade agree with daily trend.
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That which you give to others, life will return it in spades
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