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More simple is impossible

  • #341
  • Nov 28, 2014 3:04pm Nov 28, 2014 3:04pm
Quoting cescof
{quote} Really good entry.... Could you share your set for ema and LWMA (and renko) if you can Thanks Regards
I use SMA 100 to detect main trend and never trade against main trend. Second Indi is ALF-indicator to trigger possible entry when Renko-candle closes above/below after crossing ALF. Crossed bar must be 1st or 2nd after Renko-bar color change. Must be confirmed by closed Nihilist-Ultra-Trend bar.(Nihilist repaints unfinished bars -so wait for new bar). Renko ist 5 Bricks loaded from 5min source chart.
  • #342
  • Edited Nov 29, 2014 4:54am Nov 28, 2014 3:12pm | Edited Nov 29, 2014 4:54am
Quoting Ollisen
{quote} I use SMA 100 to detect main trend and never trade against main trend. Second Indi is ALF-indicator to trigger possible entry when Renko-candle closes above/below after crossing ALF. Crossed bar must be 1st or 2nd after Renko-bar color change. Must be confirmed by closed Nihilist-Ultra-Trend bar.(Nihilist repaints unfinished bars -so wait for new bar). Renko ist 5 Bricks loaded from 5min source chart.
Thank you very much... How you set Alf? and if you can could you share your sma colored?
Thanks
Regards
I'm trying to have same charts... but (and it's always the same ) my ones are always quite different from other posted here with same set...
Look at this for exe we have different candles... So my question is why? Broker? expert?
Regards (ps i'm using v341 for generate brenko)...
Attached Image (click to enlarge)
Click to Enlarge Name: Immagine1.jpg Size: 144 KB
  • #343
  • Nov 29, 2014 4:42pm Nov 29, 2014 4:42pm
Quoting Ollisen
{quote} I use SMA 100 to detect main trend and never trade against main trend. Second Indi is ALF-indicator to trigger possible entry when Renko-candle closes above/below after crossing ALF. Crossed bar must be 1st or 2nd after Renko-bar color change. Must be confirmed by closed Nihilist-Ultra-Trend bar.(Nihilist repaints unfinished bars -so wait for new bar). Renko ist 5 Bricks loaded from 5min source chart.
I think you might be wrong about the repainting of this indicator. According the with the creator of that indicator it repaints the past wich means that even after the candle is closed it repaints.
Quoting Nihilist
{quote} hi Purec, you should read the thread. Only Ultra_trend_V2 is repaints the past, except this all of other indicators are non repainted after closing the candle. thank you.
  • #344
  • Nov 30, 2014 6:04pm Nov 30, 2014 6:04pm
Anybody have a renko trailing stop? i.e. move the trail based on H/L of previous X renko bars?
  • #345
  • Nov 30, 2014 6:50pm Nov 30, 2014 6:50pm
Time to play the gaps. Then back to the trends.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDM2.png Size: 16 KB
Click to Enlarge Name: EURAUDM2.png Size: 16 KB
Money Makes Money
  • #346
  • Nov 30, 2014 7:17pm Nov 30, 2014 7:17pm
Quoting KiwiOz
Time to play the gaps. Then back to the trends. {image} {image}
Maybe not.
Money Makes Money
  • #347
  • Dec 1, 2014 8:16am Dec 1, 2014 8:16am
If there are any programmers in here, pls PM me. I would like to create a semi-auto EA based on this.
  • #348
  • Dec 1, 2014 9:31am Dec 1, 2014 9:31am
EU +30 +35 and 4 Really Frustrating Trades.
Attached Image (click to enlarge)
Click to Enlarge Name: EU +30 +35 11214.png Size: 66 KB
Cut your Losers short and let your Winners run.
  • #349
  • Dec 1, 2014 10:03am Dec 1, 2014 10:03am
Quoting dee50
EU +30 +35 and 4 Really Frustrating Trades. {image}
Hello Dee,

Can I ask which MA you are using on your chart?

Is it 100EMA
  • #350
  • Dec 1, 2014 10:06am Dec 1, 2014 10:06am
Quoting amfx
{quote} Hello Dee, Can I ask which MA you are using on your chart? Is it 100EMA
50 EMA & 5ema shift2. The 50 is just a visual aid I do not take signals based on it, I do wait for price to close either side of the 5 EMA.
Cut your Losers short and let your Winners run.
  • #351
  • Edited 11:25am Dec 1, 2014 10:35am | Edited 11:25am
The way I am trading is based on the attached PDF this was compiled by a trader called jjrvat back in 2008 it is a compilation of posts from a thread on another forum. It will take a couple of hours to read thru, twice, there are lots of references to Tick charts, volume charts etc, ignore those, the thread was a scalpers thread and they traded ultrafast charts. The method described within does however apply to any time frame, oh and do not get too attached to the Moving Averages (Hull) being used, unless you want to.

The basic principles that he (jjrvat) uses is a wave analysis, this is not Elliott wave, it is based on Higher High Lower Low etc and the emphasis is the order of importance of the analysis, this ends in the putting together of a Price Based Plan that you follow prior to entering any trade. This type of trading fits Jaquemate's method extremely well, infact jjrvat's philosophy is very similar in that he does not see the need for any additional indicators, I still cling to my comfort blanket, Stochastics, we have been together 8 years and for me serves a purpose.
Attached File(s)
File Type: pdf Day-Trading_2.0[1] JJRVAT.pdf   4.7 MB | 3,865 downloads
Cut your Losers short and let your Winners run.
  • #352
  • Dec 1, 2014 10:48am Dec 1, 2014 10:48am
Quoting dee50
The way I am trading is based on the attached PDF this was compiled by a trader called jjrvat back in 2008 it is a compilation of posts from a thread on another forum. It will take a couple of hours to read thru, twice, there are lots of references to Tick charts, volume charts etc, ignore those, the thread was a scalpers thread and they traded ultrafast charts. The method described within does however apply to any time frame, oh and do not get too attached to the Moving Averages (Hull) being used, unless you want to. The basic principles that he...

Does the PDF attached above open for anyone?
  • #353
  • Dec 1, 2014 11:15am Dec 1, 2014 11:15am
Quoting amfx
{quote} Does the PDF attached above open for anyone?

It isn't opening at all. may be the file hasn't been uploaded properly.
  • #354
  • Dec 1, 2014 11:20am Dec 1, 2014 11:20am
Quoting amfx
{quote} Does the PDF attached above open for anyone?
I do not like people who are taller than me so anyone taller than 5' 10" will not be able to open it.

Does your question mean. Has anyone been able to open the PDF
or
Does it mean. Can anyone open the PDF regardless of their height.

I have just re downloaded it and it opened just fine.

I will delete it from the other post and re upload it.

EDIT.
Done. If you are still having problems change your PDF viewer, especially if you are using Adobe Acrobat. Try PDF-xchange viewer. from Here http://www.tracker-software.com/product/downloads/
I have been using it for years trouble free, never failed to open a PDF yet.
Cut your Losers short and let your Winners run.
  • #355
  • Dec 1, 2014 2:55pm Dec 1, 2014 2:55pm
Quoting dee50
The way I am trading is based on the attached PDF this was compiled by a trader called jjrvat back in 2008 it is a compilation of posts from a thread on another forum. It will take a couple of hours to read thru, twice, there are lots of references to Tick charts, volume charts etc, ignore those, the thread was a scalpers thread and they traded ultrafast charts. The method described within does however apply to any time frame, oh and do not get too attached to the Moving Averages (Hull) being used, unless you want to. The basic principles that he...
The document works perfect, all you need is patience! Thx for this document.
  • #356
  • Dec 1, 2014 4:38pm Dec 1, 2014 4:38pm
Hi, can somebody explain why renko chart (M2) is changing when I change timeframe on original chart (where is EA attached)?
I always thought that renko is independent from time...I thought it is only price sensitive and not time sensitive...Thanks...
  • #357
  • Dec 1, 2014 7:00pm Dec 1, 2014 7:00pm
Quoting BatmanXXL
Hi, can somebody explain why renko chart (M2) is changing when I change timeframe on original chart (where is EA attached)? I always thought that renko is independent from time...I thought it is only price sensitive and not time sensitive...Thanks...
Renko will change (Repaint) every time you refresh or reload your charts or change the time frame of the control chart. You are changing the parameters therefore changing the renko set-up. Takes a while to get used to but that's how renko's work. Currently experimenting with Daily control chart. Looks good & works well with CCI set to 10.
Money Makes Money
  • #358
  • Dec 2, 2014 12:38am Dec 2, 2014 12:38am
Quoting BatmanXXL
Hi, can somebody explain why renko chart (M2) is changing when I change timeframe on original chart (where is EA attached)? I always thought that renko is independent from time...I thought it is only price sensitive and not time sensitive...Thanks...

It changes slightly as the default setting on renko is close of chosen timeframe candle. The renko bar will only show once a candle in your chosen timeframe has closed.
  • #359
  • Dec 2, 2014 5:20am Dec 2, 2014 5:20am
Quoting amfx
{quote} It changes slightly as the default setting on renko is close of chosen timeframe candle. The renko bar will only show once a candle in your chosen timeframe has closed.
Hi AMFX, OP and others. I really like this thread but having real problems understanding how RENKO works on MT4.

Until now I have always used NinjaTrader (NT), in the past I have never really got on with MT and as I have some C# knowledge thought NT better for me.

However MT certainly has a greater number of EA available so thought I would try it again given the EA/Indis on here.

With NT, RENKO is not selected on a timeframe and shows a true representation on every brick and in turn ovelayed with HeikenAshi looks great.

I have managed, at least to get RENKO working on MT4 but the results do not look the same (not saying they dont work) if any one can and would care to help explain would really appreciate it.

Cheers

Alan
  • #360
  • Dec 2, 2014 9:00am Dec 2, 2014 9:00am
Hi everyone:

This is my simple análisis for today.

Im looking for longs on EURJPY and shorts for AUDUSD - EURUSD.

1. Go to Daily Charts for look main trend.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 55 KB
Click to Enlarge Name: AUDUSDDaily.png Size: 55 KB
Click to Enlarge Name: EURUSDDaily.png Size: 52 KB
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