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Attachments: Extreme analysis system (Renko charts + Candlestick charts)
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Extreme analysis system (Renko charts + Candlestick charts)

  • #341
  • Mar 21, 2015 6:28am Mar 21, 2015 6:28am
Hello Mr Hamdysalah your system is great i think i have something common with you and that is renko iam a lover of renkochart for sometime i have been using renkochart, median renkochart to say, but my challenge is stop loss in renko, meaning i still dont trade with stop loss, cause my sl in renko is bad so how do you set your stop, and pls tell me more about the doda, supertrend indicators thanks.
  • #342
  • Mar 21, 2015 7:23am Mar 21, 2015 7:23am
Quoting maechilin
Hello Mr Hamdysalah your system is great i think i have something common with you and that is renko iam a lover of renkochart for sometime i have been using renkochart, median renkochart to say, but my challenge is stop loss in renko, meaning i still dont trade with stop loss, cause my sl in renko is bad so how do you set your stop, and pls tell me more about the doda, supertrend indicators thanks.
Hello Maechilin, the idea of the renko alone is dangerous because it doesn't represent a clear view of the PA but it is excellent for entry so use it with candlestick too with any strategy you like in candlestick but let the renko lead s you to the entry point ,about the SL you can choose to make it above the doda only few pips 5 for example ,for me if i lost 20 pips i go out and then enter from another point again with renko rules .
How do i know that the direction switched and i have to go out?
-first red box
-Macd stops switches color or gives no color.
-DSS switches color .
all these rules when Box closes that means 20 pips loss only, besides direction will come to its normal direction again and i will win more than 20, thats why it is hard to skip a day without profit.
about super trend it gives you an indication when trend starts and ends very important indi.
I hope you figured it out now .
have a nice day and good luck
Your perception dictates your behaviour
  • #343
  • Edited Mar 22, 2015 12:54am Mar 21, 2015 7:54am | Edited Mar 22, 2015 12:54am
There are people comfortable with the old JC 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...thanks
Rules for long:
1-Stoch H4 crossed up.
2-Nihilist Cycle crossed up.
3-PA above TCC and green.
4-Nihilist Magic forming blue volumes.
If all these rules are revealed Renko will tell you when to enter exactly..(You can find Renko entry rules in manual at post 1)
Rules for short:
Vice versa
Thank you and many thanks to Nihilist who shared these indies with me in a prompt way..
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 49 KB
Attached File(s)
File Type: ex4 #MTF Stochastic v2.0.ex4   8 KB | 1,108 downloads
File Type: ex4 NIhilist_Magic.ex4   7 KB | 1,109 downloads
File Type: ex4 Nihilist_Trend_Cycle.ex4   11 KB | 1,123 downloads
File Type: ex4 TCCI.ex4   7 KB | 1,030 downloads
File Type: tpl EXTJC2.tpl   29 KB | 1,097 downloads
Your perception dictates your behaviour
  • #344
  • Mar 21, 2015 8:16am Mar 21, 2015 8:16am
Hi guys,
As we are accustomed at the previous weekends ,we invest our time to increase our knowledge and learn more about this field please read this wonderful material that focuses on something more important than Fundamental and Technical analysis which is Psychology ......ENJOY
Attached File(s)
File Type: pdf All you need to know.pdf   642 KB | 1,560 downloads
Your perception dictates your behaviour
  • #345
  • Mar 21, 2015 8:45am Mar 21, 2015 8:45am
Thanks man,

You are the best !
  • #346
  • Mar 21, 2015 2:38pm Mar 21, 2015 2:38pm
Quoting thevarkoon
Thanks man, You are the best !
You are welcome and thanks for you words man...
Your perception dictates your behaviour
  • #347
  • Mar 21, 2015 4:48pm Mar 21, 2015 4:48pm
Quoting hamdysalah
Hi guys, As we are accustomed at the previous weekends ,we invest our time to increase our knowledge and learn more about this field please read this wonderful material that focuses on something more important than Fundamental and Technical analysis which is Psychology ......ENJOY {image}
u are the best of the best ... allah yekermak we barek feek
  • #348
  • Mar 21, 2015 5:15pm Mar 21, 2015 5:15pm
Quoting manforlove
{quote} u are the best of the best ... allah yekermak we barek feek
Rabena ydeem elma7aba ya ashraf we yekremak isa....
Your perception dictates your behaviour
  • #349
  • Edited 8:33pm Mar 21, 2015 7:24pm | Edited 8:33pm
Please vote at the poll in page 1 ,your feedback is important....
There is somthing wrong with the poll so :
1=excellent
2=good
3=fair
4=bad
Your perception dictates your behaviour
  • #350
  • Mar 22, 2015 12:46am Mar 22, 2015 12:46am
Hello
Hamdysalah

I watched this thread few days ago
i think very good.

I'll use it after recover from Pneumonie

and...do you me a favor?
I want to read rule as pdf file please make it
  • #351
  • Mar 22, 2015 1:30am Mar 22, 2015 1:30am
hi hamdy how r u i like your new jc setup it is easy to understand and work well i have one question how i stop or change duration doda donchain alert bcz offline chart set to m2 if any news come and values change quickly then this alret repeat realy fast and sometime hang my mt4.i trade 8 currency pairs and tell me about gold setting i apply same tpl to gold then mt4 freeze bcz gold pips change very quickly so i m not able to implement on gold chart thanks and once again sorry to pm you bcz i dont know why my post not apeared or your thread
  • #352
  • Mar 22, 2015 11:22am Mar 22, 2015 11:22am
Quoting yuki0912
Hello Hamdysalah I watched this thread few days ago i think very good. I'll use it after recover from Pneumonie and...do you me a favor? I want to read rule as pdf file please make it
read post one you will find it
Your perception dictates your behaviour
  • #353
  • Mar 22, 2015 11:25am Mar 22, 2015 11:25am
Quoting ayan
hi hamdy how r u i like your new jc setup it is easy to understand and work well i have one question how i stop or change duration doda donchain alert bcz offline chart set to m2 if any news come and values change quickly then this alret repeat realy fast and sometime hang my mt4.i trade 8 currency pairs and tell me about gold setting i apply same tpl to gold then mt4 freeze bcz gold pips change very quickly so i m not able to implement on gold chart thanks and once again sorry to pm you bcz i dont know why my post not apeared or your thread
Your post doesn't appear because you are still new on this website and for the doda you cant undo the alarm you can delete it from chart while news...create another template without the doda and at the release run it....and you cant be new in Forex and trade 8 pairs....
Your perception dictates your behaviour
  • #354
  • Mar 22, 2015 1:55pm Mar 22, 2015 1:55pm
Quoting manforlove
{quote} i m from giza,,,, the desert road october
2ana ba2ool nefta7 2ahwah le kol trader
  • #355
  • Mar 22, 2015 2:00pm Mar 22, 2015 2:00pm
Quoting Tradezilla
{quote} 2ana ba2ool nefta7 2ahwah le kol trader
Your perception dictates your behaviour
  • #356
  • Mar 22, 2015 2:02pm Mar 22, 2015 2:02pm
Quoting francisakz
Nice Thread man, but to be sincere, I still don't know the reason or idea behind your thread ( No disrespect) trading with Renko chart is Good, and I Know that indicators that Repaint in Normal chart don't repaint in Renko chart because it entirely based on movements. I think I have an idea, don't know if it's possible, why don't we create an indicator Based on Renko chart so we could use it on Normal chart to tell us when there is a trend change. Thanks Mate

This is a strange comment "I still don't know the reason or idea behind your thread", I thought it was obvious, he is trying to teach novice and intermediate traders new techniques, he is trying to help. Do u know the reason now or do u want me to explain more ?

Also, what is the point of an indicator for Renko ? Indicators are meant to take time into their calculations although all of them are lagging, so what it is the point for a RENKO indicator ? U can see the price move up candle after candle or reverse down.
  • #357
  • Mar 22, 2015 2:15pm Mar 22, 2015 2:15pm
Quoting Tradezilla
{quote} This is a strange comment "I still don't know the reason or idea behind your thread", I thought it was obvious, he is trying to teach novice and intermediate traders new techniques, he is trying to help. Do u know the reason now or do u want me to explain more ? Also, what is the point of an indicator for Renko ? Indicators are meant to take time into their calculations although all of them are lagging, so what it is the point for a RENKO indicator ? U can see the price move up candle after candle or reverse down.
Mesh fahem mnk 7aga
Your perception dictates your behaviour
  • #358
  • Mar 22, 2015 2:40pm Mar 22, 2015 2:40pm
Hi Hamdy

Can u plz upload or point us to the following indicators mentioned in the EXT manual:

1- Gann HILO indicator.
2- Forexmetry indi
3- Renko Street TL automated.


Thanks,
  • #359
  • Mar 22, 2015 2:48pm Mar 22, 2015 2:48pm
Quoting Tradezilla
Hi Hamdy Can u plz upload or point us to the following indicators mentioned in the EXT manual: 1- Gann HILO indicator. 2- Forexmetry indi 3- Renko Street TL automated. Thanks,
you will find them attached to post 1.....and for JC setup there is another way if you found the first a little bit hard ,read post 343......
Your perception dictates your behaviour
  • #360
  • Mar 22, 2015 3:20pm Mar 22, 2015 3:20pm
hi , i have a problem with this dashboard.. it always shows the same values but the automated trading is enabled, also cannot remove this indicator/dasboard from my mt4. what is the name of this dashboard? thank you in advance , btw great thread (i also trade renko.)
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