Extreme analysis system (Renko charts + Candlestick charts)

This is sad, we have go to work and sleep, but any way i got smth today and now i can go to work in peace.


P.S when I was writing this post i got tp on this pair and won 96 pips

20.08

Appreciated.
The attached indicator will give you an overall view on the strengths of the individual currencies - a good prospector. It does give a couple of warnings about 'missing pairs' but it makes little or no difference to its overall worth. Attached is the grab of the indicator on the chart.
I'll load yours on to it later.
Thanks
George

Hi guys, Im looking for EA which would take for for my trades when I would be away form computer. I,m looking for such EA that would be moving my SL for ten pips beginig form -50(start SL), and after +10 pips moves SL to -40, after +20 moves to -30, after +40 moves to BE, after +50 set SL to +10 and futher more.... In addition I would set TP manualy and I dont want to TP changing at all. I,m serching for a while but I couldnt find anything useable or I cant set it properly -_-

If u have smth good it would be great if u share smth like that. Thanks in advance.

And todays trade:







Hmm I,m sure that system work great, but I suck Yesterday I blow up my real account becouse 1. I want trade too much. 2. I enter,close,enter,close,enter the same position and I get fcuked up. How are you holding your position at the begining of trade? Ohh one more thing I also exit too fast, becuse pirce change direction on one or two candles, I panic and exit trade with example 50 pips(what is much anyway) but after few hours its reach my TP and ofcourse after I exit trade with 50 pips and I see that I can reenter I back to point 2. -_- Ok, I feel better after writing this, but I,m not sure if I can write such things in this thread.


BTW, ended with +400pips -_-

Another one.

Hello Every One
I hope this thread is still alive.
I have read this thread twice. I admire it a lot as I have great passion in renko. The only problem I always encounter is which indicators to use and how.
any way, with regard to this thread, I get confused with the following. I regret I have not written them all down on a piece of paper to remind my self but generally the issues I have are
supply and demand indicator: this one creates a lot of noise on the H1 chart. some times it covers most of the screen and eliminates the idea of trading even if the price is away from pivot levels.
Macd indicator: The best way Hamdy advised to trade with is to wait for DSS to make its shift from over bought/sold and continues with the direction of Macd. That is great as by this, we do not trade retracement. But this is only applicable in a clear trend. If no clear trend and Macd goes from top to bottom with decreasing values and Dss follows, is their a problem if I trade?
Moving Averages: can we borrow the hull and EMA 20 from Nihilist renko pdf and apply them on our old renko system to eliminate the idea of using H1?

I understand that Hamdy wants every trader to follow the rules and not to deviate until the trader masters the system.

My comment is that I have seen lots of traders already trying to catch as many pips as they can like in the case of DSS giving late signal after the price crossed down Donchian or Macd being in the opposite direction of the trade but loosing value or EMAS on H1 are late in giving signal and when they do, they are already on a pivot level and so on. Can you please Hamdy move ahead with us with the old system and give us some clues to enter a bit early and how to walk around the rules.

Thanks in advance


To Hamdy, Wallahi I registered especially to write to you. I read all your pdfs and enjoyed your mentality and philosophy. Mashaallah, Fakhr for me and all Masreyeen, to see an active and will educated forex trader like you. I hope this thread is not dead yet. Also I need to ask you about Nihilist paid indicators. Your enthusiasm is motivating me a lot. Is it really worth it if I buy his indicators. Iam still demoing but need to make consistent profit before going alive soon inshallah.

Short on AUD USD

Trying to be as strict as possible with the rules of this system, It appears on the previous short on renko chart, heikin ashi did not close fully. but when switching to renko boxes, the price already closed under a pivot level and in h1 chart a full candle already closed.

Hamdysalah thanks for share this great system .. iv been trying to get some pips ..

please comment my entry ...
thank you (this my 1st post in ff) ><
dicky
(Sorry about my english)

Hello Dicky,
I have made many trades with this system so if I may answer.
Yes, that trade is correct. You have studied the system well.
If you have any future questions feel free to ask.
Best Wishes to you
( your English is very good. Much better than my Indonesian )

Hi HitTheBid,

thanks for ur answer..
I've been looking at many kinds of trading renko thread in ff ..finally, I think this system is suitable for me ..

Best wishes to u too..

dicky

Hello MROUS, - your post 1205

Please inform what parameters you use for indi "Ferrux multi THV".

Tks - Idris

Hi Idris,
I didnt change anything and like I said, in my opinion this is not the most important indi for me. Now I think I found good set up of idndis. I will post results of my fight in to few weeks, becouse now I,m aiming into 3 - 5 days trades, and I need time to test it ;/

OK - Tks MROUS

Hello mrous it looks that your changes made this system more perfect can you please provide me with the template and the changes you made in renko box thank you in advance

Hey guys, where could I get the latest files for this? Or can I grab everything from post 1? Thanks alot

Hey man can you post setup? Thanks alot guys!!

Sorry, no can do, gone off Renko for now

Hey man, do you have the ADR indi as on your chart for me? Thanks