Renko channel + Fast EMA = simple and profitable | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Simple RSI & EMA high Profitable ratio Strategy 98 replies

rocky reboot: revisiting rockypoint's renko HA with ema method 156 replies

RENKO Trading SYSTEM - RENKO Indicators 7 replies

Please recommend an accurate and fast Renko generator 0 replies

New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies

Attachments: Renko channel + Fast EMA = simple and profitable
Exit Attachments

Renko channel + Fast EMA = simple and profitable

  • #101
  • Nov 9, 2015 8:55am Nov 9, 2015 8:55am
Quoting archishard
Math, I guess this is a basic one: "Do I have to change the magic number for each chart I run?"
No, you don't have to :-)
Trading is the hardest way to make easy money...
  • #102
  • Nov 9, 2015 11:22pm Nov 9, 2015 11:22pm
thanks for sharing this system : ) I have only begun using this system two days ago, I live tested it in conjunction with the rainbow MMAs serving us exit/entry points for my 7-20 pip scalps, and seems to work nice together so far. 41 lovely fearlessly gained pips yesterday alone. : ) link to the rainbow MMAs should others want to observe- http://urbanforex.com/forum/topics/u...lping-strategy. Good luck everyone.
  • #103
  • Nov 9, 2015 11:47pm Nov 9, 2015 11:47pm
I have saw the renko channel repainting big time. Does it react better on renko charting?
I have started the EA yesterday night, I'll report my results by end of day.
  • #104
  • Nov 10, 2015 1:46am Nov 10, 2015 1:46am
Quoting archishard
I have saw the renko channel repainting big time. Does it react better on renko charting? I have started the EA yesterday night, I'll report my results by end of day.
It doesn't matter much in renko chart.
  • #105
  • Nov 10, 2015 3:37am Nov 10, 2015 3:37am
Thanks to this thread, i got my profitable trade, not 100% tough. Could anyone please add alert sound & pop up notification for this Indicator ?
Because i have to see my metatrader if the signal is come out or not from this indicator.

If you can share the mq4 file after modification for alert & notification, so we can learn from your code. If not, its okay just the ex4 file with the default settings from the indicator.

Thank you very much.
Attached File(s)
File Type: mq4 super-signals-channel.mq4   2 KB | 1,689 downloads
  • #106
  • Nov 10, 2015 3:46am Nov 10, 2015 3:46am
Quoting mahardiany
Thanks to this thread, i got my profitable trade, not 100% tough. Could anyone please add alert sound & pop up notification for this Indicator ? Because i have to see my metatrader if the signal is come out or not from this indicator. If you can share the mq4 file after modification for alert & notification, so we can learn from your code. If not, its okay just the ex4 file with the default settings from the indicator. Thank you very much. {file}
this is the same indicator. just set the dist1 and dist2 to 24. as it is the default from the indicator you posted.
Attached File(s)
File Type: mq4 Super Signal_v3.mq4   6 KB | 2,496 downloads
  • #107
  • Nov 10, 2015 3:58am Nov 10, 2015 3:58am
Quoting guilherme
{quote} this is the same indicator. just set the dist1 and dist2 to 24. as it is the default from the indicator you posted. {file}
Thank you, it works great.
  • #108
  • Nov 10, 2015 5:04am Nov 10, 2015 5:04am
Quoting MathTrader7
Here is Version 1.10 of the EA.
Thanks, MathTrader7, for your EA!
Could you add some Moneymanagement for autolotsize?
  • #109
  • Nov 10, 2015 6:06am Nov 10, 2015 6:06am
can you please make an ea with super-signal-channel?
thank you =)
  • #110
  • Nov 10, 2015 6:36am Nov 10, 2015 6:36am
Hey Im having a problem. May I know the steps of using the EA? It does not seem to be working in mine. Im using micro account
  • #111
  • Nov 10, 2015 6:57am Nov 10, 2015 6:57am
Quoting kaoscoded
hey guys...interesting stuff did a little work over the weekend and came up with possible ways to confirm entry on trend and counter trend trades check the pics below... RSI is set to 3 with 85/15 being overbought/oversold areas i know my chart looks very different but i'm experimenting with various indicators to see if anything will help...added murray math lines, pivots, trend intensity, range flow along with pbf squeeze, pbf scalper show me, renko street trend and nihilist ultra trend may be overkill but if it's easy enough to remove some that...
Hi kaoscoded,

could you upload your RSI color indicator?

Thanks in advance
  • #112
  • Nov 10, 2015 7:54am Nov 10, 2015 7:54am
Quoting jtrujillo
{quote} Hi kaoscoded, could you upload your RSI color indicator? Thanks in advance

sure
Attached File(s)
File Type: ex4 RSI Color.ex4   5 KB | 1,404 downloads
"the fool and the prophet walk hand in hand..."
  • #113
  • Nov 10, 2015 8:28am Nov 10, 2015 8:28am
Quoting cash4u2
{quote} Thanks, MathTrader7, for your EA! Could you add some Moneymanagement for autolotsize?
I'll add money management in the next version.
Trading is the hardest way to make easy money...
  • #114
  • Nov 10, 2015 10:34am Nov 10, 2015 10:34am
let's see some charts.
Long here:
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy-pro-m2-admiral-markets-as.png Size: 98 KB
  • #115
  • Nov 10, 2015 3:36pm Nov 10, 2015 3:36pm
update
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy-pro-m2-admiral-markets-as.png Size: 85 KB
  • #116
  • Nov 10, 2015 4:20pm Nov 10, 2015 4:20pm
Here you go -- Key is to catch the micro trend -- 5 x 4 pips = 20 easy in each session London & NY -- I know few traders do it day in day out
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 40 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #117
  • Nov 10, 2015 4:22pm Nov 10, 2015 4:22pm
EA didnt open EURJPY opportunity :/ But opened EURUSD and gain pips it was similar opportunity, but i dont know why didnt open EURJPY whats you saw @dragos
  • #118
  • Nov 10, 2015 4:41pm Nov 10, 2015 4:41pm
Quoting zamanib
Here you go -- Key is to catch the micro trend -- 5 x 4 pips = 20 easy in each session London & NY -- I know few traders do it day in day out {image}
would you mind sharing the settings you are using ? I´m not asking for the indicator. just the settings of your renko indicator. boxsize, shift etc...
  • #119
  • Edited 5:11pm Nov 10, 2015 4:46pm | Edited 5:11pm
Hey @MathTrader7 i have idea how to improve it in very simple way and without any unnecessary indicators. Its possible to make EA without TP, only SL and trailing stop (but also dont need i think) based only on Heiken Ashi and renko street channel? I think we also dont need Stop Loss, coz we enter for example in bounce green heiken ashi up and if after is red and close it will close our position immediately. Its will be always lose around 10 pips max 20 pips and can avoid false reversal

EA would open not with fast MA ( this was good, but i think sometimes we could get better entry) only based on bounce from channel and change heiken ashi direction? Heiken ashi looks powerfull coz its filter false reversal much more than fast MA and its working faster. Sometimes we have 1 candle faster signal and we can gain +10 pips at start

But logic on EA could base only on heiken ashi? I mean without TP - lets market to decide about our money. If heiken ashi change colour and close candle EA automaticly close our position. When heiken ashi change colour after bounce of channel EA automaticly open position. We dont have any human factor about TP, coz sometimes market gonna give for us a lot of pips and advance determination of TP is wrong. But i dont know if it possible to make EA about heiken ashi - close when change market direction look at examples

Inserted Video


like in this song They sing to keep the trend as long as possible and cut off quickly loss i love it
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 34 KB
Click to Enlarge Name: Screenshot2.png Size: 41 KB
  • #120
  • Nov 10, 2015 5:17pm Nov 10, 2015 5:17pm
Quoting guilherme
{quote} would you mind sharing the settings you are using ? Im not asking for the indicator. just the settings of your renko indicator. boxsize, shift etc...
How can you set what you don't have
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
1 trader viewing now