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  • #3,101
  • Aug 25, 2015 12:36pm Aug 25, 2015 12:36pm
Good job on getting to BE nuckern.

About "taking that trade"...here's my 2 cents...

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DAX 4 pip range bar

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There was SR, there was pattern, price looked over extended...so, with the right order management (selling at the top of the move on the break of the pattern or a more advanced entry: as price touches the upper limit of the channel) because it could have been a PB...sure.
  • #3,102
  • Edited 1:35pm Aug 25, 2015 1:16pm | Edited 1:35pm
Quoting MisterC
{quote} {image} Sources for price action learning: 1. JJRVAT PDF from this thread 2. Lange Beggs Books from http://yourtradingcoach.com and this video: https://www.youtube.com/watch?v=u8eGrIvlCBQ 3. Everything Al Brooks ever wrote or made. 1 video course and a couple of books (start with the course). His teachings are IMO great. You'll hear people saying that it's a hard read, or they don't understand, or bla bla blaaa...trolls. 4. https://www.youtube.com/user/petefaders The truth behind price movemet series are...
I wrote you PM. Thank you for the materials. I'm sure a lot of people will like it either!
Your explanation makes sense. And I agree with everything. Definitely not longass but long and VERY VALUABLE POST!

Thank you!

Btw. range chart looked quite clear. on M1 it looked exhausted but I like to wait for LH. And this was straight move down.
  • #3,103
  • Aug 25, 2015 1:25pm Aug 25, 2015 1:25pm
FDE30 +35 probably my last trade today... good night
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  • #3,104
  • Edited 6:44pm Aug 25, 2015 5:01pm | Edited 6:44pm
Do you know how to repair the long wicks? I know I had problems with it earlier.. But somehow it solved itself. I've been trying to repair the wicks for 4 hours and nothing... Any hint? Anyone? I'm using M1.. So that's not a problem. There has to be something else.
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  • #3,105
  • Aug 25, 2015 6:27pm Aug 25, 2015 6:27pm
Quoting nuckern
Do you know how to repair the long wicks? I know I had problems with it earlier.. But somehow it solved itself. I've been trying to repair the wicks for 4 hours and nothing... Any hint? Anyone? I'm using M1.. So that's not a problem. There has to be something else. {image}
The source time frame, for the renkos should be M1. I think that's the problem...
  • #3,106
  • Aug 26, 2015 1:21am Aug 26, 2015 1:21am
Quoting friska
serious problems with mt4 3 renko instances and my mt4 goes slower than my grandmother... almost impossible to operate.
Had the same experience particularly yesterday. Cut down my charts and indicators to barest minimum but no effect. Reduced bars in Options and again so noticeable difference. Virus and malware scan, too. Was very frustrating day and ready to throw computer in the bin - then I found this. Worked a treat. It requires removing your history bars then changing the number of bars in Options. It's worth listening to this short video for 1-2 other helpful hints.

Inserted Video


Hope it helps.
  • #3,107
  • Aug 26, 2015 1:41am Aug 26, 2015 1:41am
GM all,

Quoting dee50
{quote} It is quite possibly the TMA indi causing that. I read some where that it performs a lot of calculations and as more ticks come in it overloads the processor. Have a look with Task Managers performance module see if your processor is hitting 100% frequently.

thx dee,
Today I will try to monitor the performance of the CPU.
Yesterday was a big hit down on renko 3pip. He has really given the coup de grace.
tma probably does not help already calculating on renko especially during volatility peak .
btw thanks for the advice!

Quoting mact4
{quote} Had the same experience particularly yesterday. Cut down my charts and indicators to barest minimum but no effect. Reduced bars in Options and again so noticeable difference. Virus and malware scan, too. Was very frustrating day and ready to throw computer in the bin - then I found this. Worked a treat. It requires removing your history bars then changing the number of bars in Options. It's worth listening to this short video for 1-2 other helpful hints. https://www.youtube.com/watch?v=6hGzDmdmBwk Hope it helps.


thx mact4 for advice!
nescentia necat
  • #3,108
  • Aug 26, 2015 1:56am Aug 26, 2015 1:56am
Quoting nuckern
{quote} And I'm the one who's screw.n up! :// To hold or not to hold. That is the question. (161 fib at 10000, but very unpleasant div in the way...) And my answer was... Since last time I sc.. ewd up +50 pips to zero at least 4 times.. I run away with 40 :x Anyway thank you for the echo about the trades... I'm kind of scared to trade breakouts but yea I'll try at least with good div. I'm -7 right now... So I hope I scalp at least 10pips to be BE today. Coz I'm dissapointed. I fuck..d up trades worth about 260 pips... I have a lot of things to...
post #1004 by dee
refers to a link of a technique good enough on the breakout. (we're going back into the history of this thread!)
i copy and past only the first post with some info if you're interested

start copy:
-
(A) -When we have 2 confirmed red dots and the second dot i higher than the first, you can join the 2 dots to form an angled trend line, once a candle crosses the trendline downwards we get a SELL signal

(B) -when we have 2 confirmed red dots and the second dot i LOWER than the first, you can just draw a horizontal line at the second confirmed red dot, once a candle crosses the trendline downwards we get a SELL signal.

(c) when we have 2 confirmed blue dots and the second dot i LOWER than the first, you can join the 2 dots to form a angled trend line, once a candle crosses the trendline upwards we get a BUY signal

(d) when we have 2 confirmed blue dots and the second dot i HIGHER than the first blue dot, just draw a horizontal line at the second confirmed blue dot, once a candle crosses the trendline upwards we get an entry BUY signal.

go for 5 pips per signal (each renko bar is 5 pips)

* A dot(fractal) is confirmed only once the opposite color dot has appeared. This will ensure no repainting.

I have attached the trades from the EUR/USD today Sept. 18th 2014

Indicators:
Swing_zz
Renko chart (5 pip bricks)

Attached Image


-end copy
nescentia necat
  • #3,109
  • Aug 26, 2015 2:53am Aug 26, 2015 2:53am
Quoting maxwell-eqtn
{quote} Think you got it
nescentia necat
  • #3,110
  • Aug 26, 2015 3:03am Aug 26, 2015 3:03am
yes, I have several peaks CPU overload on semi-hi volatility with renko.
damn
nescentia necat
  • #3,111
  • Aug 26, 2015 3:27am Aug 26, 2015 3:27am
Quoting friska
{quote} post #1004 by dee refers to a link of a technique good enough on the breakout. (we're going back into the history of this thread!) i copy and past only the first post with some info if you're interested start copy: - (A) -When we have 2 confirmed red dots and the second dot i higher than the first, you can join the 2 dots to form an angled trend line, once a candle crosses the trendline downwards we get a SELL signal (B) -when we have 2 confirmed red dots and the second dot i LOWER than the first, you can just draw a horizontal line at the...
Thank you Firska, thats exactly way that I like it.

For today end, total gain + 171 pips.

I was always looking at morning gaps and when we have this cute situation about China followed with big DDs, I predicted that as fast it dropped down as fast it will raise, only fault was that I woke up 15 minutes after open, it could be +50 pips more . The follows trades are 10 pips Renko simple scalps, - 20 was wrong entry, because there was really fast down movement and subsequently followed fast up correction, this almost always end with nice UP trend, what exactly happend, but I was holding my buy through that
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  • #3,112
  • Aug 26, 2015 3:41am Aug 26, 2015 3:41am
Quoting Matomi
{quote} Thank you Firska, thats exactly way that I like it. For today end, total gain + 171 pips. I was always looking at morning gaps and when we have this cute situation about China followed with big DDs, I predicted that as fast it dropped down as fast it will raise, only fault was that I woke up 15 minutes after open, it could be +50 pips more . The follows trades are 10 pips Renko simple scalps, - 20 was wrong entry, because there was really fast down movement and subsequently followed fast up correction, this almost always end with nice...
really nice result!!
well done matomi!
nescentia necat
  • #3,113
  • Aug 26, 2015 4:16am Aug 26, 2015 4:16am
dax short out +55 +71 +86 +114 +18
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nescentia necat
  • #3,114
  • Aug 26, 2015 4:41am Aug 26, 2015 4:41am
Quoting friska
dax short out +55 +71 +86 +114 +18 {image}
No comment, your tunel evidently works Ive got a idea when you wrote about lagging - try COG indi, I was testing it only few days weeks ago, but I think that no lags was producing and it could be approximately same as your tunel.
  • #3,115
  • Aug 26, 2015 4:43am Aug 26, 2015 4:43am
morning all

great method
how do i load the dax into mt4 please
  • #3,116
  • Aug 26, 2015 5:07am Aug 26, 2015 5:07am
Quoting Matomi
{quote} No comment, your tunel evidently works Ive got a idea when you wrote about lagging - try COG indi, I was testing it only few days weeks ago, but I think that no lags was producing and it could be approximately same as your tunel.
I've tried in the past with COG (from post # 1844, and in 1862 and 1879 with renko)
but after studying it found serious difficulties in setting indicator in reference to renko(is rather complex indi for me)
so I set aside by using it only on 4h, then I retired also from there ...

if you have experienced with parameters did you consider correct, we can try again, it does not take much ...
nescentia necat
  • #3,117
  • Aug 26, 2015 5:24am Aug 26, 2015 5:24am
Quoting friska
{quote} I've tried in the past with COG (from post # 1844, and in 1862 and 1879 with renko) but after studying it found serious difficulties in setting indicator in reference to renko(is rather complex indi for me) so I set aside by using it only on 4h, then I retired also from there ... if you have experienced with parameters did you consider correct, we can try again, it does not take much ...
Oh, then it is not app. same as your line tunel. The problem of COG is, that it is painted only about 100-120 bars back, so bTest is impossible and same - it is repainting so much, as your indi. I never tried it with Renko, only with classic chart, but give me few days and I will check if it is possible. The big role for COG is TF (bigger one better, of course) so I think the accuracy of COG with Renko is about bricks size.
  • #3,118
  • Aug 26, 2015 7:45am Aug 26, 2015 7:45am
stopped bots before usd news,
from FO open +511p

shrort dax @10140 but it's risky with the major stoch green...
let's see
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nescentia necat
  • #3,119
  • Aug 26, 2015 7:51am Aug 26, 2015 7:51am
Quoting friska
shrort dax @10140 but it's risky with the major stoch green... let's see {image}
out @10100 +40
nescentia necat
  • #3,120
  • Aug 26, 2015 9:34am Aug 26, 2015 9:34am
dax long out +54+30
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nescentia necat
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