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Extreme analysis system (Renko charts + Candlestick charts)

  • #581
  • Apr 8, 2015 4:19am Apr 8, 2015 4:19am
Quoting Nigor
Better to use the M30 candlestick chart, than H1?
OK but keep the EMA's for H1 for example if EMA M30=21 so H1=42
Your perception dictates your behaviour
  • #582
  • Apr 8, 2015 5:51am Apr 8, 2015 5:51am
Quoting kataklysum
How come our Renko charts differ so greatly? {image}
different brokers
Your perception dictates your behaviour
  • #583
  • Apr 8, 2015 6:03am Apr 8, 2015 6:03am
GBP-JPY might be finished ???
Attached Image (click to enlarge)
Click to Enlarge Name: 8-04-2015 9-01-20 PM.png Size: 325 KB
It takes a lot for me to IGNORE you, but you can try.
  • #584
  • Apr 8, 2015 6:59am Apr 8, 2015 6:59am
Quoting Erebus
GBP-JPY might be finished ??? {image}
yes it was 10 pips ago it is better to close now great work man.....
Your perception dictates your behaviour
  • #585
  • Apr 8, 2015 7:21am Apr 8, 2015 7:21am
hi hamdy... Great work.
I need ur help to set up the sytem.
I am using mt4 broker in Australia
pls let me know how we start.
My email is
[email protected]
Pls shoot me an email so that we can get in touch for the help
Thank you
  • #586
  • Apr 8, 2015 7:31am Apr 8, 2015 7:31am
Quoting Erebus
GBP-JPY might be finished ??? {image}

Hi Erebus@ Do you mind posting your template and indi's please so that i could use it? thanks.
  • #587
  • Apr 8, 2015 7:59am Apr 8, 2015 7:59am
Quoting tradeforlife
{quote} Hi Erebus@ Do you mind posting your template and indi's please so that i could use it? thanks.
I will but shutdown computer already , check back in 8 hours
It takes a lot for me to IGNORE you, but you can try.
  • #588
  • Apr 8, 2015 9:52am Apr 8, 2015 9:52am
Quoting Erebus
{quote} I will but shutdown computer already , check back in 8 hours
thank you...
  • #589
  • Apr 8, 2015 10:25am Apr 8, 2015 10:25am
Quoting hamdysalah
{quote} sorry i thought you use renko only but if you want to use it alone at least use EMA's with it because EMA's dont lie anyway excellent work... {image}
Hi Hamdy, can you elaborate more on your aggressive re-entry? Because sometimes I take a trade then it gets to the TP target, but it keeps going more without me on-board. So is there a way to aggressive re-entery when the Price action is already above/below the the Doda Donchain and Super trend indicators?
  • #590
  • Apr 8, 2015 10:41am Apr 8, 2015 10:41am
Quoting no0odle
{quote} Hi Hamdy, can you elaborate more on your aggressive re-entry? Because sometimes I take a trade then it gets to the TP target, but it keeps going more without me on-board. So is there a way to aggressive re-entery when the Price action is already above/below the the Doda Donchain and Super trend indicators?
Hello,check post 576 view the image Ema's indicates high probability of the direction ...
Your perception dictates your behaviour
  • #591
  • Apr 8, 2015 10:59am Apr 8, 2015 10:59am
Quoting hamdysalah
{quote} Hello,check post 576 view the image Ema's indicates high probability of the direction ...
So what exactly is the trigger to enter again if the EMAs are with the direction? Is it if the MACD and DSS goes back to same color as that of the trade direction? Thank you.
  • #592
  • Apr 8, 2015 11:16am Apr 8, 2015 11:16am
Quoting no0odle
{quote} So what exactly is the trigger to enter again if the EMAs are with the direction? Is it if the MACD and DSS goes back to same color as that of the trade direction? Thank you.
no the PA touches the EMA 21 and the stop level indi is supporting it (yellow dotted line) so you dont wait for the MACD but this is dangerous i use it only when am at serious profit at the end of the month....
Your perception dictates your behaviour
  • #593
  • Apr 8, 2015 2:56pm Apr 8, 2015 2:56pm
Hi guys, I'm back after few days and I want to share with you my today's three trades:
EURCHF +24.3
entry
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFM2.png Size: 73 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFH1.png Size: 68 KB

take profit
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFH1b.png Size: 67 KB


EURJPY +30
entry
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM3.png Size: 76 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 66 KB

take profit
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1b.png Size: 64 KB


EURUSD + 28.4
entry
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM3.png Size: 67 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 61 KB

take profit closed manually because I'm going to sleep... (but we have been very very close to TP...)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1b.png Size: 63 KB


82.7 pips... Not too bad...

That to show how powerful this system is, thank you again Hamdy...
Good night everybody, see you tomorrow...
"Markets are never wrong; opinions are." - Jesse Livermore
  • #594
  • Apr 8, 2015 3:00pm Apr 8, 2015 3:00pm
Quoting jigen67
Hi guys, I'm back after few days and I want to share with you my today's three trades: EURCHF +24.3 entry {image}{image} take profit {image} EURJPY +30 entry {image}{image} take profit {image} EURUSD + 28.4 entry {image}{image} take profit closed manually because I'm going to sleep... (but we have been very very close to TP...) {image} 82.7 pips... Not too bad... That to show how powerful this system is, thank you again Hamdy... Good night everybody, see you tomorrow...
So happy to see these trades wish you more green pips
Your perception dictates your behaviour
  • #595
  • Apr 8, 2015 3:11pm Apr 8, 2015 3:11pm
Quoting tradeforlife
{quote} thank you...
Here it is, sorry, I was reading on iPad so I couldn't access, I had shut down for FMOC, new day today

I think I got the complete setup; after using the XT Analysis template, apply the RenkoLiveChart_v3.2 EA

I didn't include that EA as surely you already have it

Then open the Offline chart for that pair and apply that template

Great thing about this Renko 3.2 EA is that you can change time frames on the base candle chart, check your analysis, without losing the Offline chart

It may look a bit scrambled however but just reapply the Offline Template and it's still good

Have fun, John
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 9-04-2015 6-00-42 AM.png Size: 50 KB
Click to Enlarge Name: 9-04-2015 6-01-36 AM.png Size: 69 KB
Attached File(s)
File Type: zip ! - XT Analysis.zip   129 KB | 648 downloads
File Type: zip ! - XT Offline.zip   61 KB | 603 downloads
It takes a lot for me to IGNORE you, but you can try.
  • #596
  • Apr 8, 2015 3:48pm Apr 8, 2015 3:48pm
Quoting jigen67
Hi guys, I'm back after few days and I want to share with you my today's three trades: EURCHF +24.3 entry {image}{image} take profit {image} EURJPY +30 entry {image}{image} take profit {image} EURUSD + 28.4 entry {image}{image} take profit closed manually because I'm going to sleep... (but we have been very very close to TP...) {image} 82.7 pips... Not too bad... That to show how powerful this system is, thank you again Hamdy... Good night everybody, see you tomorrow...
Exceptional trades jigen67! May I ask what was the trigger for selling EURJPY? As I see that price on the Renko chart had already broke the SuperTrend and DonchianChannel a long time ago. Thanks!
  • #597
  • Apr 8, 2015 6:38pm Apr 8, 2015 6:38pm
hi hamdy.. Can you see my post 585, i need your help to setup the system
  • #598
  • Apr 9, 2015 1:59am Apr 9, 2015 1:59am
Quoting Nee2
hi hamdy.. Can you see my post 585, i need your help to setup the system
Hello Nee2 ,actually i don't know which par exactly you don't understand please read the thread and if you face any problem feel free to discuss it ...
Your perception dictates your behaviour
  • #599
  • Apr 9, 2015 2:46am Apr 9, 2015 2:46am
I need some help also, I will read the thread again?

Attached Image (click to enlarge)
Click to Enlarge Name: 9-04-2015 5-44-03 PM.png Size: 121 KB
It takes a lot for me to IGNORE you, but you can try.
  • #600
  • Apr 9, 2015 3:00am Apr 9, 2015 3:00am
Quoting Erebus
I need some help also, I will read the thread again? {image}
i can see that you are doing quite well what do you need?
Your perception dictates your behaviour
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