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More simple is impossible

  • #681
  • Jan 19, 2015 5:19am Jan 19, 2015 5:19am
hey dee,

may I ask you which broker are you trading with on ninjatrader?
  • #682
  • Jan 19, 2015 1:19pm Jan 19, 2015 1:19pm
Quoting devontrader
{quote} dee i woukd love to set these charts up in ninjatrader as well as mt4.if your able to share all indicators and template for ninjatrader i would really really apreciate it...big time
unzip to some where. Import indicators as normal.
Copy and paste templates to the location indicated in the txt file.
Attached File(s)
File Type: zip NT Renko Chart setup.zip   72 KB | 866 downloads
Cut your Losers short and let your Winners run.
  • #683
  • Jan 19, 2015 2:31pm Jan 19, 2015 2:31pm
Quoting dee50
{quote} unzip to some where. Import indicators as normal. Copy and paste templates to the location indicated in the txt file. {file}
thankyou dee

one big huge hug for you x
  • #684
  • Jan 20, 2015 2:36am Jan 20, 2015 2:36am
excellent Asian session for trading yen pairs today.
  • #685
  • Jan 20, 2015 2:39am Jan 20, 2015 2:39am
quiet European open. I would expect movement post ZEW numbers release.
  • #686
  • Jan 20, 2015 2:53am Jan 20, 2015 2:53am
Yeah, true...
FO and LO was pretty quiet...

Does anyone have an idea on which open source trading platform or trading software I can test my renko system with?
Cant do it on mt4 as far as I know...

EDIT: found a way on youtube. Everyone who is interested, check here:
Inserted Video
  • #687
  • Jan 20, 2015 4:45am Jan 20, 2015 4:45am
rather subdued response to German ZEW numbers....indicates euro weakness ahead of Thursday ECB meeting. I will look for a turn on 10 pip Renko to develop. Just my .02

Edit*** I will still trade valid longs until then, but will trade 50 % larger positions if 10pipmrenko turns below 150 ema
  • #688
  • Jan 20, 2015 4:59am Jan 20, 2015 4:59am
Hi Dee50,

Can you make few explanations with screenshot about the moment when you enter the market?
We know you use 5ema, shift2 for enter, but what is exact moment you enter? Do you wait to close candle, candle have to be not in touch with ema, you enter with market order (or with buy stops or buy limits)? When you move SL to BE you do it manually or you have some EA for that? Thank you and Jaquemate for this great thread...
  • #689
  • Jan 20, 2015 5:31am Jan 20, 2015 5:31am
Personally, I use a trade manager to move SL. Why distract yourself or risk a manual error? However, I also trade 4-5 pairs at a time.
  • #690
  • Jan 20, 2015 5:50am Jan 20, 2015 5:50am
have to work on the screenshot thingy.....keeps showing my VPS address. Anyway, shorted EU at 1.16069 ...half off at 1.15965....closed the rest at 1.15713

Stopped out EJ long +2
  • #691
  • Jan 20, 2015 5:58am Jan 20, 2015 5:58am
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-01-20 06_54_47-.png Size: 42 KB
  • #692
  • Jan 20, 2015 6:00am Jan 20, 2015 6:00am
Thanks Jaquemate for a great thread.

As is natural in human behaviour, I couldn't resist the temptation to add a couple of things to the strategy although I'm sure they're really not needed. I'm beginning to see these patterns over and over again.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Renko (2).png Size: 56 KB
  • #693
  • Jan 20, 2015 6:19am Jan 20, 2015 6:19am
Quoting panamamike
Personally, I use a trade manager to move SL. Why distract yourself or risk a manual error? However, I also trade 4-5 pairs at a time.
How you attach SL manager than if you have Renko Charts already? What is the name of manager?
  • #694
  • Jan 20, 2015 6:32am Jan 20, 2015 6:32am
Quoting BatmanXXL
{quote} How you attach SL manager than if you have Renko Charts already? What is the name of manager?
It is called Mutli-Purpose Trade Manager...MPTM..... it was created by a person that left here and started their own board. Google it and you will find it. Play around with it in demo as it has a lot of various settings. you can attach it to one chart to manage all symbols, by Magic number etc
  • #695
  • Jan 20, 2015 6:54am Jan 20, 2015 6:54am
Quoting panamamike
{quote} It is called Mutli-Purpose Trade Manager...MPTM..... it was created by a person that left here and started their own board. Google it and you will find it. Play around with it in demo as it has a lot of various settings. you can attach it to one chart to manage all symbols, by Magic number etc
Does MPTM overcome FIFO in the US, so I can enter and exit multiple orders on one pair at an American broker?
  • #696
  • Jan 20, 2015 7:01am Jan 20, 2015 7:01am
no idea. I do not have that issue. There are trade managers that do that though.
  • #697
  • Jan 20, 2015 7:26am Jan 20, 2015 7:26am
Quoting panamamike
have to work on the screenshot thingy.....keeps showing my VPS address. Anyway, shorted EU at 1.16069 ...half off at 1.15965....closed the rest at 1.15713 Stopped out EJ long +2
You can press the "print screen" button on your keyboard and then on the FF here, there is an option called upload screenshot. You have a crop option when you upload the screenshot. Hope this helps.
  • #698
  • Jan 20, 2015 7:46am Jan 20, 2015 7:46am
sting divergence on 10 and 3 pip Renko at UJ high of day. Resistance area on 10 pip fwiw....
  • #699
  • Jan 21, 2015 7:29am Jan 21, 2015 7:29am
FWIW, I am not trading EU until after the ECB tomorrow. Only trading EJ and UJ today.
  • #700
  • Jan 21, 2015 8:17am Jan 21, 2015 8:17am
EU +68 +48. Makes up for staying out of the market yesterday. The 10 pip Renko makes every thing more obvious.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU +68 +48 210115.png Size: 57 KB
Click to Enlarge Name: EU 10 pip Renko 210115.png Size: 54 KB
Cut your Losers short and let your Winners run.
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