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Come Surfing Fx With Me System

  • #1,441
  • May 2, 2015 1:51pm May 2, 2015 1:51pm
Hi guys,

The doc and charts are completely updated. See post#1446
I am ready to jump in the jungle of speculation more and more wild.

Be prepared, guys.


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,442
  • May 2, 2015 6:09pm May 2, 2015 6:09pm
Quoting 4xtrend
Hi sriloba, You know of any other way to get renko charts on MT4 that is not so power demanding. Your template pulls my system to a complete halt. I think it is one of the indicators as a clean renko chart is ok.
Hi 4xtrend,

Try these and see how you go, the B625 are experts, the other is an indicator

regards

Ross
Attached File(s)
File Type: ex4 B625_RenkoLiveCharts_pimped_v4.ex4   22 KB | 282 downloads
File Type: mq4 B625_RenkoLiveCharts_pimped_v4.mq4   18 KB | 303 downloads
File Type: ex4 RenkoLiveChart_v3.303 indicator.ex4   21 KB | 279 downloads
  • #1,443
  • May 2, 2015 9:28pm May 2, 2015 9:28pm
Quoting Rossb
{quote} Hi 4xtrend, Try these and see how you go, the B625 are experts, the other is an indicator regards Ross {file} {file} {file}
Thank you for your kindness.



Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,444
  • May 3, 2015 12:18pm May 3, 2015 12:18pm
Thanks to Rossb and sriloba for the fast responses. I will try today when markets open and see if it is better.
  • #1,445
  • Edited 5:36pm May 3, 2015 4:19pm | Edited 5:36pm
Hi guys,

If you use Renko chart to enter a trade then I suggest you as a trader to scan more than 15 pairs of currencies.

Why is that ?

Because Renko chart is non time based. It depends on the box size. If you use 30 pips box size and you trade only one pair of currencies then you have to wait hour and hour for a set up.


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,446
  • Edited 5:16pm May 3, 2015 5:00pm | Edited 5:16pm
The way I scan the set up.


See charts

I look only the alignment of the MAs and Trix histogram. They must go in the same direction. That's all.




Sai Ram
Attached Image(s) (click to enlarge)
Click to Enlarge Name: down.png Size: 72 KB
Click to Enlarge Name: up.png Size: 70 KB
Click to Enlarge Name: MyTemplate.png Size: 96 KB
Attached File(s)
File Type: tpl Scan.tpl   4 KB | 242 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #1,447
  • May 3, 2015 5:30pm May 3, 2015 5:30pm
Once you found the trend alignment of the trends then you have to look the best entry set up.


See chart:

The 2 high probability of set up are illustrated on the charts below.


Sai Ram
Attached Image(s) (click to enlarge)
Click to Enlarge Name: down.png Size: 100 KB
Click to Enlarge Name: up.png Size: 101 KB
Being a fxtrader is not easy. Ones must working hard.
  • #1,448
  • May 3, 2015 9:04pm May 3, 2015 9:04pm
In the document, it refers to the "Trix Histogram" I cannot find this indicator. Where is it?
  • #1,449
  • May 3, 2015 9:22pm May 3, 2015 9:22pm
i use renko livechart v.3.2..i set it to 10 pips box..but when i change my time frame from m1 to h4.. why the renko chart change? it is based on pips right? can anyone explain this?
  • #1,450
  • May 3, 2015 9:29pm May 3, 2015 9:29pm
Quoting rcbarlow
In the document, it refers to the "Trix Histogram" I cannot find this indicator. Where is it?
Voila
Attached File(s)
File Type: ex4 THV T3 Trix MTFv1.10wcolorhistatest.ex4   17 KB | 226 downloads
File Type: ex4 THV T3 Trix.ex4   10 KB | 204 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #1,451
  • May 3, 2015 9:50pm May 3, 2015 9:50pm
--UJ--
Go short counter trend

- Negative divergence -- price and Repulse

- Price is overbought

- Enter a short trade for a small lot before european session.

Let's see


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: MyTemplate.png Size: 111 KB
Being a fxtrader is not easy. Ones must working hard.
  • #1,452
  • May 3, 2015 10:20pm May 3, 2015 10:20pm
Quoting zentrader8
i use renko livechart v.3.2..i set it to 10 pips box..but when i change my time frame from m1 to h4.. why the renko chart change? it is based on pips right? can anyone explain this?
Good question.

Anyone has a suggestion ?


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,453
  • May 3, 2015 11:04pm May 3, 2015 11:04pm
Quoting sriloba
{quote} Good question. Anyone has a suggestion ? Sai Ram
Renko builder must be on M1 ...

Imagine a big candle : the renko will draw bricks up and down according to the price movement within this big candle. Once this big candle is closed, if you reload the renko builder, it will see this big candle as a single move (open to close) and draw bricks according to this move up OR down ... MT4 doesn't store price movement within a single candle. That's why to avoid this phenomenum at max, we must use the smallest timeframe (M1).
MT4/MT5 EAs/Indicators/Alerts coder
  • #1,454
  • May 3, 2015 11:32pm May 3, 2015 11:32pm
Quoting FerruFx
{quote} Renko builder must be on M1 ... Imagine a big candle : the renko will draw bricks up and down according to the price movement within this big candle. Once this big candle is closed, if you reload the renko builder, it will see this big candle as a single move (open to close) and draw bricks according to this move up OR down ... MT4 doesn't store price movement within a single candle. That's why to avoid this phenomenum at max, we must use the smallest timeframe (M1).
Thank you. It makes sense.

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,455
  • May 4, 2015 6:16am May 4, 2015 6:16am
Long EJ anyone?

Attached Image (click to enlarge)
Click to Enlarge Name: moonie_EJ.png Size: 108 KB
  • #1,456
  • May 4, 2015 6:29am May 4, 2015 6:29am
Quoting Moonie
Long EJ anyone? {image}
The long set up seems wonderful so far. The slope of the channel is going down. The trend H4 is not aligned. Just be careful.


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,457
  • May 4, 2015 7:29am May 4, 2015 7:29am
Mooney,

What is the extra bands you have on your chart?
  • #1,458
  • May 4, 2015 8:01am May 4, 2015 8:01am
Quoting rcbarlow
Mooney, What is the extra bands you have on your chart?
Hi rc, I just draw a line at the circle at the high and low of the channel and if there has been a level there before, it acts as confluence. Hope that makes sense. Moonie.
  • #1,459
  • May 4, 2015 9:06am May 4, 2015 9:06am
Just one question, probably too basic, the "AUTO-TRADING" must be on?

Thanks
PM
  • #1,460
  • May 4, 2015 9:12am May 4, 2015 9:12am
Quoting pm.fx
Just one question, probably too basic, the "AUTO-TRADING" must be on? Thanks
I use both and it seems nothing affects the trade.

Maybe the experts in Renko can give some valuable advices.

Thank in advanced


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
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