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Come Surfing Fx With Me System

  • #1,241
  • Apr 18, 2015 8:37am Apr 18, 2015 8:37am
Next session of trading, I will put in action the RenkoStreet_Trend. I think it will help me to filter the signal because of I will use 5 box size.


Sai Ram
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Click to Enlarge Name: MyTemplate.png Size: 101 KB
Being a fxtrader is not easy. Ones must working hard.
  • #1,242
  • Apr 18, 2015 10:58am Apr 18, 2015 10:58am
Alright fellas, ive read the whole thread and im totally confused as to which system is the current one being used. There seems like a few systems with a lot of indicator changes for clarity could someone please explain the rules to the renko trend system above. Ive been using renko for a while now and like using it so id love to start contributing. Any templates would be a benefit as well but not essential. Thanks in advance.
  • #1,243
  • Apr 18, 2015 11:01am Apr 18, 2015 11:01am
Quoting yorkshirelad
Alright fellas, ive read the whole thread and im totally confused as to which system is the current one being used.
There's no specific system. Since the thread was started, plenty different systems were discussed. Just pick the one which fit your trading style and risk ... and enjoy!
MT4/MT5 EAs/Indicators/Alerts coder
  • #1,244
  • Apr 18, 2015 11:10am Apr 18, 2015 11:10am
Quoting FerruFx
{quote} There's no specific system. Since the thread was started, plenty different systems were discussed. Just pick the one which fit your trading style and risk ... and enjoy!
You are 100% right.

The whole idea is based on the trend following. There are many different entries to enter a trade. Just pick one that fit your personality.
Being a fxtrader is not easy. Ones must working hard.
  • #1,245
  • Apr 18, 2015 11:11am Apr 18, 2015 11:11am
Quoting yorkshirelad
Alright fellas, ive read the whole thread and im totally confused as to which system is the current one being used. There seems like a few systems with a lot of indicator changes for clarity could someone please explain the rules to the renko trend system above. Ive been using renko for a while now and like using it so id love to start contributing. Any templates would be a benefit as well but not essential. Thanks in advance.
If you use renko then follow http://www.forexfactory.com/showthre...527711&page=62 post1222


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,246
  • Apr 18, 2015 11:11am Apr 18, 2015 11:11am
Fair enough will do
  • #1,247
  • Apr 18, 2015 11:18am Apr 18, 2015 11:18am
Renko chart


I try to explain as I can about the strategy used with renko chart through these POSTs#1239-1240-1242-1243.

I want to remind Renko chart is trend following which is easy to trade if you choose box size correctly not too big or not too small.


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,248
  • Apr 18, 2015 11:53am Apr 18, 2015 11:53am
As you can see I use Trix histogram in D1 and H4 to determine the trend for the day and enter a trade with Renko chart accompanied with some filter indicators. See chart

If you have put 100% of discipline and patience on the candlesticks chart then trading with the Renko chart you have to put double efforts.
You will reward very big at the end.



Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: MyTemplate.png Size: 104 KB
Being a fxtrader is not easy. Ones must working hard.
  • #1,249
  • Edited 12:57pm Apr 18, 2015 12:41pm | Edited 12:57pm
This is another type of entry signal on Renko chart.

See chart below

Down Trend : Trix histogram in D1 or H4 Or Both below the zero line.


M2 : Renko chart


i) Price must trade in or through the upper channel + a red dot circle presented

ii) The first spar of the sell market appeared on price confirmed by :

ii_a) price trades below the Mas + Macd histogram(12,26,1) > 0 and paint red + Stoch(14,3,3, simple, close) > 80 and crossed down

P.S. MACD, Stochastic and Spar are not repainted indicator -- when candle closed they are fixed like a stone

Sai Ram
Attached Image(s) (click to enlarge)
Click to Enlarge Name: MyTemplate.png Size: 101 KB
Click to Enlarge Name: sell.png Size: 98 KB
Attached File(s)
File Type: rar ComeSurfingFx_Indicators.rar   50 KB | 335 downloads
File Type: tpl ComeSurfingFx_Renko_TrendD1_H4.tpl   5 KB | 278 downloads
File Type: tpl ComeSurfingFx_Renko_Trend_Entry.tpl   5 KB | 280 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #1,250
  • Edited 1:01pm Apr 18, 2015 12:44pm | Edited 1:01pm
There are plenty of ways to enter a trade once the trend is established.

Just choose the entry that you trust fully without a second thought.

I want to remind you that you can create your own entry signal after read the whole things in this thread.



Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,251
  • Edited 3:04pm Apr 18, 2015 1:20pm | Edited 3:04pm
I was talking a lot of determining the trend and introduced several ways to enter trade.

Now I'm presenting you a conservative stop lost and take profit.

The chart illustrated the method.

Short trade :

The stop lost is put above the red dot circle candle

The take profit will be exited when the green dot circle pops up


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: MyTemplate.png Size: 116 KB
Being a fxtrader is not easy. Ones must working hard.
  • #1,252
  • Apr 18, 2015 2:30pm Apr 18, 2015 2:30pm
Quoting sriloba
The take profit will be exited when the green dot circle pops up Sai Ram {image}
You are notorious showing trade examples with historical charts like you would have no idea how these (repainting) indicators work.
These subtle differences can mean profit or loss, live or die while you`re trading live.
I have mentioned this many times before so from now on I seriously promise not to rain on your parade and not to repaint myself again .
Attached Image (click to enlarge)
Click to Enlarge Name: sriloba`s exit.jpg Size: 470 KB
  • #1,253
  • Apr 18, 2015 3:03pm Apr 18, 2015 3:03pm
Quoting kore2
{quote} You are notorious showing trade examples with historical charts like you would have no idea how these (repainting) indicators work. These subtle differences can mean profit or loss, live or die while you`re trading live. I have mentioned this many times before so from now on I seriously promise not to rain on your parade and not to repaint myself again . {image}
When I write this post the market is closed. My intention is TP is exited as soon as the dot circle pops up.

It is also depend on how the renko box size set up. If the renko box size is large then the dot circle will pop up later.

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,254
  • Apr 18, 2015 3:17pm Apr 18, 2015 3:17pm
Quoting kore2
{quote} You are notorious showing trade examples with historical charts like you would have no idea how these (repainting) indicators work. These subtle differences can mean profit or loss, live or die while you`re trading live. I have mentioned this many times before so from now on I seriously promise not to rain on your parade and not to repaint myself again . {image}
Yes but still others sems to have been able to grasp the core of the systems and unluck the pips. I think there are things to leearn in this thread

Best regards
  • #1,255
  • Apr 18, 2015 3:55pm Apr 18, 2015 3:55pm
Quoting jgadefelth
{quote} Yes but still others sems to have been able to grasp the core of the systems and unluck the pips. I think there are things to leearn in this thread Best regards
Basically I`m talking about the same thing. I just wanted to say that it`s totally different to act in the heat of the moment than to analyze historical charts.

I think it`s a very important part of srilobas success with his strategy that he has a definite aim: whatever happens he wants to grab those 24 pips and the day is done.

All the best.
  • #1,256
  • Apr 18, 2015 4:26pm Apr 18, 2015 4:26pm
Quoting kore2
{quote} Basically I`m talking about the same thing. I just wanted to say that it`s totally different to act in the heat of the moment than to analyze historical charts. I think it`s a very important part of srilobas success with his strategy that he has a definite aim: whatever happens he wants to grab those 24 pips and the day is done. All the best.
Hi Kore,

I understand your intention is constructive. I like that.

Why my TP is 24 pips ?

Not long ago the spread of the GU is 2.5 pips but now all the brokers decide to raise the spread.

Now GU is 4 pips spread. My daily target is gain 20 + spread = 24 pips

I trade 2 brokers. I use mt4 to analyze the trade on one broker where I put all fancy indicators and I trade micro lot with a small capital ($200 ).

The other broker I use only to execute the trade with 1 or 1.5 lot and I put only the pivot point on mt4.

This is a way that they had taught me when I took a course from Forexmentor.

This is a story of 24 pips

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,257
  • Apr 18, 2015 11:12pm Apr 18, 2015 11:12pm
Quoting sriloba
{quote} Hi Kore, I understand your intention is constructive. I like that. Why my TP is 24 pips ? Not long ago the spread of the GU is 2.5 pips but now all the brokers decide to raise the spread. Now GU is 4 pips spread. My daily target is gain 20 + spread = 24 pips I trade 2 brokers. I use mt4 to analyze the trade on one broker where I put all fancy indicators and I trade micro lot with a small capital ($200 ). The other broker I use only to execute the trade with 1 or 1.5 lot and I put only the pivot point on mt4. This is a way that they had taught...

So you disregard for example green dots in opposite direction and continue try to get 24 pips as a target ? Or do you mean that you would exit at first gren dot but because you did not trade the set up in the last chart you did not know that it was repainting and painted a new green dot at a lower (better ) price then f you would take it live ?

Best regards
  • #1,258
  • Apr 19, 2015 8:37am Apr 19, 2015 8:37am
Quoting jgadefelth
{quote} So you disregard for example green dots in opposite direction and continue try to get 24 pips as a target ? Or do you mean that you would exit at first gren dot but because you did not trade the set up in the last chart you did not know that it was repainting and painted a new green dot at a lower (better ) price then f you would take it live ? Best regards
Hi Jgadefelth,

There are plenty ways to take profit. Mine is 24 pips and I'm done for the day.

The chart below illustrated the TP technic.


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: MyTemplate.png Size: 124 KB
Being a fxtrader is not easy. Ones must working hard.
  • #1,259
  • Apr 19, 2015 10:07am Apr 19, 2015 10:07am
Quoting Miksiu
{quote} @ kore2 . can you tell me please what strategy tester software do you use? thx in advance. @ Sriloba thank you for this thread. fresh & simple conception.
Sorry, I missed your question.
Copy that .ex4 file into experts folder and all the script files into scripts folder.
Attached File(s)
File Type: ex4 LFH_Trading_Simulator_3.ex4   30 KB | 512 downloads
File Type: rar Scripts.rar   10 KB | 542 downloads
  • #1,260
  • Apr 19, 2015 1:16pm Apr 19, 2015 1:16pm
Quoting kore2
{quote} Sorry, I missed your question. Copy that .ex4 file into experts folder and all the script files into scripts folder. {file} {file}

thank you for help . i had some other testers meanwhile but they didnt work .. lets try this one.
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