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More simple is impossible

  • #4,401
  • Dec 14, 2015 9:41am Dec 14, 2015 9:41am
GER30 +10+34+20+18+24. I just wanted to put a few points on the board, too many distractions to trade seriously.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 +10+34+20+18+24 141215.png Size: 39 KB
Cut your Losers short and let your Winners run.
  • #4,402
  • Dec 14, 2015 10:34am Dec 14, 2015 10:34am
Are you doing this at the end of every trading day? Going back over the charts marking the entries that you see and comparing them with what you actually did.
When they say a good trader needs to put in 10,000 hrs of chart time, they do not mean Live Time, they mean time spent studying the charts and the best way of doing that is to review a day, markup the chart, save it and revisit it often.

Because of my platform problems and my hospital visit I did not trade Friday but this is what you should have marked on your chart as a minimum.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: scalps 1-10 111215.png Size: 71 KB
Click to Enlarge Name: scalps 11-17 111215.png Size: 73 KB
Cut your Losers short and let your Winners run.
  • #4,403
  • Dec 14, 2015 10:38am Dec 14, 2015 10:38am
Quoting Hercs
{quote} Thanks Dee. Trust that your "hospital visit" is not personal and if it is, that it is not serious. Wishing you continued success and best health.
Thanks, nothing too serious, had a heart attack a few years ago and now I have to go and have a blood test once a week to make sure the drugs are not killing me.
Cut your Losers short and let your Winners run.
  • #4,404
  • Dec 14, 2015 12:53pm Dec 14, 2015 12:53pm
Try this MACD, it is prettier and does not repaint. In trying to sort out my MT4 I noticed that the MACD I was using kept repainting on every tick, nothing too dramatic but this one is much nicer to look at and it has an alert which if you like that sort of thing obviously it is a must for you.
Attached File(s)
File Type: mq4 MACD nrp mtf + alerts 2.mq4   8 KB | 799 downloads
Cut your Losers short and let your Winners run.
  • #4,405
  • Dec 14, 2015 1:32pm Dec 14, 2015 1:32pm
Quoting dee50
Try this MACD, it is prettier and does not repaint. In trying to sort out my MT4 I noticed that the MACD I was using kept repainting on every tick, nothing too dramatic but this one is much nicer to look at and it has an alert which if you like that sort of thing obviously it is a must for you. {file}
I'd like to thank your for all those who downloaded the MACD or any other indicator/file you posted earlier and didn't have time/effort or whatever to thank you for that. I'm also glad if they thanked you in PM and didn't spam this thread one by one! That wouldn't be good.
But I want this to be public! I'd like also thank for all you ever helped out anyhow in the past. And I'm sure I'm speaking for all! So..

Thank you! And also wish you the best health.
  • #4,406
  • Dec 14, 2015 1:39pm Dec 14, 2015 1:39pm
Quoting dee50
Are you doing this at the end of every trading day? Going back over the charts marking the entries that you see and comparing them with what you actually did. When they say a good trader needs to put in 10,000 hrs of chart time, they do not mean Live Time, they mean time spent studying the charts and the best way of doing that is to review a day, markup the chart, save it and revisit it often. Because of my platform problems and my hospital visit I did not trade Friday but this is what you should have marked on your chart as a minimum. {image} {image}...
Hi dee

First thanks a lot for posting and helping... much appreciated

I have some questions, two to be exactly. Why didn't you took the two trades which I marked in the picture? I think they meet the 3 rules or am I missing something

Attached Image (click to enlarge)
Click to Enlarge Name: scalps 1-10 111215.png Size: 51 KB
  • #4,407
  • Dec 14, 2015 2:49pm Dec 14, 2015 2:49pm
Quoting dee50
{quote} And for my next trick I shall trade Blind folded, but not just that, I shall put my right index finger in my left ear all the while standing on one foot on the tip of a six inch nail protruding through a length of 4x4 which has been placed across a pit containing 20 pissed off King Cobras. If that is too easy I shall try some thing harder.
There is always the DOM ladder trick...
  • #4,408
  • Dec 15, 2015 3:15am Dec 15, 2015 3:15am
Hi guys.I love renko and your style of trading too. But it loads my CPU very much.Is there any lightier version or something.I reduced everything that I could but same.Thank you
Trade with 60
  • #4,409
  • Dec 15, 2015 5:34am Dec 15, 2015 5:34am
Quoting kumetto
Hi guys.I love renko and your style of trading too. But it loads my CPU very much.Is there any lightier version or something.I reduced everything that I could but same.Thank you
A solution would be to limit the amount of bars in you chart and history.

Attached Image
Energy, frequency and vibration.
  • #4,410
  • Dec 15, 2015 5:44am Dec 15, 2015 5:44am
I've done that.And with max bars of 10 000 is still heavy. That is the only reason why I will leave renko if I can't find proper chart maker
Trade with 60
  • #4,411
  • Dec 15, 2015 5:54am Dec 15, 2015 5:54am
Quoting kumetto
Hi guys.I love renko and your style of trading too. But it loads my CPU very much.Is there any lightier version or something.I reduced everything that I could but same.Thank you
Hi kumetto, I also got problems with CPU and my cumputer is a very good one,
the solution I did was to create a VM in the google clould server, and put my MT4 there, google cloud.google.com ,you can rent a server with as much CPU as you want, Im using the "n1-highcpu-2" wich have 2 CPU and it is enought for my 14 pairs on renko plus XAU and XAG without lagg, you have 60 freedays to use, after that it will cost around 70$/month
IF you decide to use this solution and need help to configurate the VM you can PM me

trade safe
  • #4,412
  • Dec 15, 2015 6:01am Dec 15, 2015 6:01am
Quoting mokuro89
{quote} Hi kumetto, I also got problems with CPU and my cumputer is a very good one, the solution I did was to create a VM in the google clould server, and put my MT4 there, google cloud.google.com ,you can rent a server with as much CPU as you want, Im using the "n1-highcpu-2" wich have 2 CPU and it is enought for my 14 pairs on renko plus XAU and XAG without lagg, you have 60 freedays to use, after that it will cost around 70$/month IF you decide to use this solution and need help to configurate the VM you can PM me trade safe
Thank you.I'll try that later
Trade with 60
  • #4,413
  • Dec 15, 2015 6:17am Dec 15, 2015 6:17am
Hello to all the team Renko,

I'm new to this file and it is very rich in expliquation, thank you.
Dee50, or I could I find the indicators and the template of your last graph.
Thank you for your support.

Sorry for my English. traduction google
Sorry for my English: Google translator
  • #4,414
  • Dec 15, 2015 6:21am Dec 15, 2015 6:21am
Quoting GodFire
{quote} Hi dee First thanks a lot for posting and helping... much appreciated I have some questions, two to be exactly. Why didn't you took the two trades which I marked in the picture? I think they meet the 3 rules or am I missing something {image}

I am also wishing that all goes well with you Dee.

GodFire, I also have the same question as you. If Dee can give us an input I we will be very appreciative.

Thanks
  • #4,415
  • Dec 15, 2015 10:45am Dec 15, 2015 10:45am
a possible reading today 15m
now very close to the TL 618 squeeze
Attached Image (click to enlarge)
Click to Enlarge Name: Schermata 2015-12-15 alle 17.48.36.png Size: 162 KB
nescentia necat
  • #4,416
  • Dec 15, 2015 12:26pm Dec 15, 2015 12:26pm
Quoting kumetto
I've done that.And with max bars of 10 000 is still heavy. That is the only reason why I will leave renko if I can't find proper chart maker
How many pairs are you trying to run and how many Renko charts of each?
Cut your Losers short and let your Winners run.
  • #4,417
  • Dec 15, 2015 12:28pm Dec 15, 2015 12:28pm
Quoting Girelli
Hello to all the team Renko, I'm new to this file and it is very rich in expliquation, thank you. Dee50, or I could I find the indicators and the template of your last graph. Thank you for your support. Sorry for my English. traduction google
Post 2336. there are a few changes but that post will get you started, remember to thank "Drammen" not me.
Cut your Losers short and let your Winners run.
  • #4,418
  • Dec 15, 2015 12:31pm Dec 15, 2015 12:31pm
Quoting PhilippineFX
{quote} There is always the DOM ladder trick...
AAAh!! Not the DOM ladder trick!!! that is one fright too many especially for me. I am ok with the Ten Levels but the Two Levels is just too crazy for my taste. i would just rather jump straight into the pit of pissed off King Cobras than try the Two Level DOM Ladder trick!
Cut your Losers short and let your Winners run.
  • #4,419
  • Dec 15, 2015 12:51pm Dec 15, 2015 12:51pm
Quoting GodFire
{quote} Hi dee First thanks a lot for posting and helping... much appreciated I have some questions, two to be exactly. Why didn't you took the two trades which I marked in the picture? I think they meet the 3 rules or am I missing something {image}
Are you missing some thing? Well yes! I only posted the charts as an example of the exercise that every budding trader should be doing at the end of each session, but, I did leave a few trades off to see if any one picked up on them.
The first one was not a valid signal, the MACD did not cross, not on my chart, the second was a valid one, I left it off, you could say that 3B was a valid re entry because the MACD signalled a continuation. there was also a MACD continuation signal at 2B where you could have loaded up another one and another at 15B.
That is what this exercise is for, not just to review the trades you took but to look for the ones that you did not even see.
Cut your Losers short and let your Winners run.
  • #4,420
  • Dec 15, 2015 12:52pm Dec 15, 2015 12:52pm
Quoting nuckern
{quote} I'd like to thank your for all those who downloaded the MACD or any other indicator/file you posted earlier and didn't have time/effort or whatever to thank you for that. I'm also glad if they thanked you in PM and didn't spam this thread one by one! That wouldn't be good. But I want this to be public! I'd like also thank for all you ever helped out anyhow in the past. And I'm sure I'm speaking for all! So.. Thank you! And also wish you the best health.
Appreciated.
Cut your Losers short and let your Winners run.
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