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  • #4,421
  • Dec 15, 2015 1:12pm Dec 15, 2015 1:12pm
I have a farm to run and at the moment we are preparing for Harvest which is 2 months earlier than usual because of the very hot, dry summer and now the overly warm autumn, although it is not really autumn as some of my fruit trees are coming back into bud already.
Any way what I am saying is that I am going to be erratic in my attendance here leading up to xmas as there is quite a lot of preparation for the harvest, so I am going to apologise in advance if I am slow to respond.

Sorry
Cut your Losers short and let your Winners run.
  • #4,422
  • Dec 15, 2015 1:18pm Dec 15, 2015 1:18pm
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
You only need 2,500 Bars for the Renko and indicators to function, longer term analysis is best done on std time frame charts. BUT, you will have problems with lots of charts open even at that setting, it is a problem with MT4 Offline charts, not the Renko EA, you will have the same problem with Range Bars or any other type of Bar that runs from the Offline chart.
Cut your Losers short and let your Winners run.
  • #4,423
  • Dec 15, 2015 2:15pm Dec 15, 2015 2:15pm
My scalp trades for today.

The losing one trade was really unnecessary!
And I had to close last trade. I tought It will make to 500 but I've already went against 10p renko DIV+Cycle down.. So I guess I can be glad for at least some points.
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  • #4,424
  • Dec 15, 2015 2:44pm Dec 15, 2015 2:44pm
Quoting nuckern
My scalp trades for today. The losing one trade was really unnecessary! And I had to close last trade. I tought It will make to 500 but I've already went against 10p renko DIV+Cycle down.. So I guess I can be glad for at least some points. {image}
Hi nuckern. I have been lurking here and the carpe diem thread for a while whilst practicing to be profitable trading the dax myself. A few months ago i remember you wrote your commitment to hard work towards your trading until you became consistently profitable. Would you mind giving an update on how you think you have progressed (to someone who is still on the path to consistent profitability). Max.
  • #4,425
  • Dec 15, 2015 2:54pm Dec 15, 2015 2:54pm
Quoting dee50
{quote} You only need 2,500 Bars for the Renko and indicators to function, longer term analysis is best done on std time frame charts. BUT, you will have problems with lots of charts open even at that setting, it is a problem with MT4 Offline charts, not the Renko EA, you will have the same problem with Range Bars or any other type of Bar that runs from the Offline chart.
Thanks for explanation.Best luck
Trade with 60
  • #4,426
  • Dec 15, 2015 3:41pm Dec 15, 2015 3:41pm
Quoting captainforex
{quote} Hi nuckern. I have been lurking here and the carpe diem thread for a while whilst practicing to be profitable trading the dax myself. A few months ago i remember you wrote your commitment to hard work towards your trading until you became consistently profitable. Would you mind giving an update on how you think you have progressed (to someone who is still on the path to consistent profitability). Max.
Hi Max,
Long story short. I'm still on the same path as you.I'm not sure if I'd stop working to be better trader even if I'd be consistently profitable though. There are always plenty of things to learn or practice.
I traded M1 with 10p SL and open TP (usually some level/SR or Trailing stop). But I couldn't get timing right. . So I had to go back to Renko. And I'm glad I did it. M1 can be shaky sometimes. Renko is smoother. I guess it suits me better. I don't trade much lately. More observations about scalping renko is needed. )

Best regards

Jarry
  • #4,427
  • Dec 15, 2015 4:06pm Dec 15, 2015 4:06pm
Quoting nuckern
{quote} Hi Max, Long story short. I'm still on the same path as you.I'm not sure if I'd stop working to be better trader even if I'd be consistently profitable though. There are always plenty of things to learn or practice. I traded M1 with 10p SL and open TP (usually some level/SR or Trailing stop). But I couldn't get timing right. . So I had to go back to Renko. And I'm glad I did it. M1 can be shaky sometimes. Renko is smoother. I guess it suits me better. I don't trade much lately. More observations about scalping renko is needed. ) Best regards...
It can certainly be frustrating. I feel i take a few steps forward then a few back. I have been watching renko charts for a while now but i think i prefer the small timeframes with moving averages as floating support/resistance.
  • #4,428
  • Dec 16, 2015 2:27am Dec 16, 2015 2:27am
ger30
SL hit +35

15m
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4H
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5p
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nescentia necat
  • #4,429
  • Dec 16, 2015 2:38am Dec 16, 2015 2:38am
Dax...+9,+13, -3, +10, +11
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  • #4,430
  • Dec 16, 2015 3:12am Dec 16, 2015 3:12am
dax +37......it was a sloppy 37 but 37 none the less.....
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  • #4,431
  • Dec 16, 2015 3:24am Dec 16, 2015 3:24am
Dax +10
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  • #4,432
  • Dec 16, 2015 3:44am Dec 16, 2015 3:44am
Cycle??? What Cycle....it does not get much better than this. I get a lot of queries about what constitutes a cycle. Well here you go....a picture[or 2] is worth a thousand words. Here are 2 peaks of the same Renco 5 chart....the traditional brick version and the line chart....this range play is made for scalping...
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  • #4,433
  • Dec 16, 2015 5:04am Dec 16, 2015 5:04am
DAX +7
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  • #4,434
  • Dec 16, 2015 5:15am Dec 16, 2015 5:15am
Dax -7....not the brightest trade...
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  • #4,435
  • Dec 16, 2015 5:28am Dec 16, 2015 5:28am
channel break
long out +30
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4h
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nescentia necat
  • #4,436
  • Dec 16, 2015 5:33am Dec 16, 2015 5:33am
Quoting PhilippineFX
DAX +7{image}

nice trades Philippine!!
as always!
nescentia necat
  • #4,437
  • Dec 16, 2015 5:39am Dec 16, 2015 5:39am
brn div + 200 reached
pb?

edit: short +12 SL@be
let's see
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nescentia necat
  • #4,438
  • Dec 16, 2015 5:41am Dec 16, 2015 5:41am
Quoting friska
{quote} nice trades Philippine!! as always!
As are yours...
  • #4,439
  • Dec 16, 2015 5:51am Dec 16, 2015 5:51am
Quoting friska
brn div + 200 reached pb? edit: short +12 SL@be let's see {image} {image}
mmm SL hit +5
nescentia necat
  • #4,440
  • Dec 16, 2015 9:38am Dec 16, 2015 9:38am
GER30+23+2+26+15+15. Sorry guys nothing more exciting from me than just "Points on the Board". No trading for me this morning so just traded what I saw when I got back in. Slotted a couple of trades in using the MACD continuation, they are marked.
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Cut your Losers short and let your Winners run.
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