Best analysis ever(Read this post to the end there is an update to the system)
Hello everyone i am starting this thread to share with you a solid and great system that combines between Renko charts and candlestick charts and to share with each other new techniques and to upgrade this system to its best ,first of all in my opinion that who trades reversals and other similar techniques are committing suicide in the market because no one can predict that the market will reverse or trend will change its direction ,so the key word is to follow the trend and not any trend a strong one to give us the opportunity to ride this trend after identifying it which it takes a good part of it, so you have to compare time frames specially H1,H4 and D1 charts so i use candlestick charts for identifying the trend and Renko chart for entry only( no analysis please ) before i start explaining the system a lot of people will say that am a junior member on this website but actually being a junior here doesn't mean that am the same at Forex considering that am trading since 2006 ..
*Please note that post 2 and 3 are other forms of this strategy but stick to these templates EXT JC and EXT RENKO as they are more easier to analyze, for more info read the manual attached below.
*You can find rules at the the manuals attached below this post.
*Please let me know your feedback ,vote at the poll above this post...
1=excellent
2=good
3=fair
4=bad
Thank you and wish you all the best.
Update:
There are people comfortable with the JC old setup and template and some others are not so for those who are not comfortable please apply new template with new rules while Renko chart rules are still intact...
*To download EXT JC2 indicators visit post 343... http://www.forexfactory.com/showthre...19#post8155019
Many thanks to Nihilist who shared these indies with me in a prompt way.
*Ignore indies at post 3.
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EXT 2 Tpl
Hello everyone i am starting this thread to share with you a solid and great system that combines between Renko charts and candlestick charts and to share with each other new techniques and to upgrade this system to its best ,first of all in my opinion that who trades reversals and other similar techniques are committing suicide in the market because no one can predict that the market will reverse or trend will change its direction ,so the key word is to follow the trend and not any trend a strong one to give us the opportunity to ride this trend after identifying it which it takes a good part of it, so you have to compare time frames specially H1,H4 and D1 charts so i use candlestick charts for identifying the trend and Renko chart for entry only( no analysis please ) before i start explaining the system a lot of people will say that am a junior member on this website but actually being a junior here doesn't mean that am the same at Forex considering that am trading since 2006 ..
*Please note that post 2 and 3 are other forms of this strategy but stick to these templates EXT JC and EXT RENKO as they are more easier to analyze, for more info read the manual attached below.
*You can find rules at the the manuals attached below this post.
*Please let me know your feedback ,vote at the poll above this post...
1=excellent
2=good
3=fair
4=bad
Thank you and wish you all the best.
Update:
There are people comfortable with the JC old setup and template and some others are not so for those who are not comfortable please apply new template with new rules while Renko chart rules are still intact...
*To download EXT JC2 indicators visit post 343... http://www.forexfactory.com/showthre...19#post8155019
Many thanks to Nihilist who shared these indies with me in a prompt way.
*Ignore indies at post 3.
EXT 1 Tpl
EXT 2 Tpl
Your perception dictates your behaviour
