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Come Surfing Fx With Me System

  • #4,601
  • Dec 28, 2015 4:49pm Dec 28, 2015 4:49pm
SHORT TRADE RULE

H1:
Trend is down : 5/10 ema H4 is cross down

M15:
Price closes above the RIPT + red box appear on price and at least on 1 of 3 Quantum indicators (QRSI, QStochastic, QCCI)

M5:
Price closes in the upper band + red box appears

M1:
Red box appears
Try to enter 2 positions:

Go short when 5/10 ema cross down + GMTS, ASCTREND, HA are all red

Look to the pivot point, price is at daily R1 (high light in blue) --- additional information

Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.png Size: 159 KB
Being a fxtrader is not easy. Ones must working hard.
  • #4,602
  • Dec 29, 2015 10:59am Dec 29, 2015 10:59am
Hi,

Hint:

Before enter a trade on M1 make sure price is trading in the band or outside the band on M5.
or
You can use any indicators you like on M5 to give you a signal OB/OS.

Then pinpoint on M1 for a better deal to eliminate early the spread.


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #4,603
  • Edited 10:32am Jan 2, 2016 10:14am | Edited 10:32am
Happy New Year to all !!!


I want to share with you 1 indicator identifying OB and OS area, very important to know as a trader before entering a trade.

Short Trade

M15:
Price is trading above the RIPT (Sell area)
Red boxes appear on price and on RSI and CCI (This indicates OB condition)

M5:
Price is trading in the Over Bought area (ready to sell)

Go short when 5/10 ema cross down confirmed by all indicators are red

Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: Ecad.png Size: 155 KB
Attached File(s)
File Type: tpl MySystem(2016).tpl   11 KB | 308 downloads
File Type: rar ComeSurfingFxWithMe_Indicators.rar   375 KB | 337 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #4,604
  • Jan 3, 2016 3:47am Jan 3, 2016 3:47am
Great work .... Lets test it myself .
  • #4,605
  • Jan 4, 2016 8:18am Jan 4, 2016 8:18am
Thank you very much sriloba
but i have a lot of template which one must i use????
  • #4,606
  • Jan 4, 2016 9:24am Jan 4, 2016 9:24am
Is this the begin of chance?
Attached Image (click to enlarge)
Click to Enlarge Name: New Bitmap Image.jpg Size: 314 KB


Or must wait till PA go to over bought area at 5 min tf ?
  • #4,607
  • Edited 11:24am Jan 4, 2016 11:08am | Edited 11:24am
Hi,

At the end of London session, I have put aggressively a long trade on GU by using Renko chart for an entry.

I hope the Renko chart gives me a good timing for entering a trade.

Here, I use 7 pips box size.

I don't use often the Renko chart.

Counter trend

Why I went long on GU?

On M15, the MAs of H4 are still trending down.

On M15, M_W_D pivot point, price is trading in the over sold area. (Ready to go up or trend might reverse)

On Renko chart, price is trading in the lower band and price is closed above the last bearish box

Then I went long at the next open box

Trade is still running ....

Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 132 KB
Being a fxtrader is not easy. Ones must working hard.
  • #4,608
  • Jan 4, 2016 11:19am Jan 4, 2016 11:19am
Quoting vithal
Is this the begin of chance?{image} Or must wait till PA go to over bought area at 5 min tf ?
Hi,

The prevailing trend is up.

Price is trading in the over bought area. You can do a scalping by using the Renko chart. Because the candle chart might give you a fault signal for counter trend.
Also price might go up in the over bought area.

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #4,609
  • Edited 11:58am Jan 4, 2016 11:38am | Edited 11:58am
Quoting sriloba
Hi, At the end of London session, I have put aggressively a long trade on GU by using Renko chart for an entry. I hope the Renko chart gives me a good timing for entering a trade. Here, I use 7 pips box size. I don't use often the Renko chart. Counter trend Why I went long on GU? On M15, the MAs of H4 are still trending down. On M15, M_W_D pivot point, price is trading in the over sold area. (Ready to go up or trend might reverse) On Renko chart, price is trading in the lower band and price is closed above the last bearish box Then I went long at...
Updating GU trade

SL is secured in profit

Trade is still running....


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 130 KB
Attached File(s)
File Type: tpl Renko.tpl   3 KB | 233 downloads
File Type: zip Wilder Renko.zip   271 KB | 273 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #4,610
  • Jan 4, 2016 12:12pm Jan 4, 2016 12:12pm
Quoting sriloba
{quote} Hi, The prevailing trend is up. Price is trading in the over bought area. You can do a scalping by using the Renko chart. Because the candle chart might give you a fault signal for counter trend. Also price might go up in the over bought area. Sai Ram
Hmmm, thank you brother i open buy trade and will tell you what happen , hope best wishes with your trading
  • #4,611
  • Jan 4, 2016 12:53pm Jan 4, 2016 12:53pm
Quoting sriloba
{quote} Updating GU trade SL is secured in profit Trade is still running.... Sai Ram {image} {file} {file}
Updating SL or doing the Trailing Stop

I will close the trade when red box is formed.

Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 130 KB
Being a fxtrader is not easy. Ones must working hard.
  • #4,612
  • Jan 4, 2016 1:20pm Jan 4, 2016 1:20pm
I attached the indicators and template for renko chart



Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: GCHF.png Size: 98 KB
Attached File(s)
File Type: tpl Renko.tpl   3 KB | 273 downloads
File Type: zip Wilder Renko.zip   271 KB | 302 downloads
File Type: rar ComeSurfingFxWithMe_Indicators.rar   57 KB | 282 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #4,613
  • Jan 5, 2016 7:08am Jan 5, 2016 7:08am
Quoting sriloba
I attached the indicators and template for renko chart Sai Ram {image} {file} {file} {file}
Hi Sri, can you explain step by step to use renko and this indicator because i'm not familiar, thank you
  • #4,614
  • Jan 5, 2016 8:06am Jan 5, 2016 8:06am
Quoting arief86
{quote} Hi Sri, can you explain step by step to use renko and this indicator because i'm not familiar, thank you
Hi,

I used the pdf attached below to install renko chart for the first time.

You can get a look to it. It is easy to understand.


Sai Ram
Attached File(s)
File Type: pdf HOW TO INSTALL.pdf   257 KB | 1,602 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #4,615
  • Jan 6, 2016 6:35am Jan 6, 2016 6:35am
Quoting sriloba
{quote} Hi, I used the pdf attached below to install renko chart for the first time. You can get a look to it. It is easy to understand. Sai Ram {image}
Thank you, it's very helpful
  • #4,616
  • Jan 6, 2016 3:20pm Jan 6, 2016 3:20pm
Took 2 trades today on demo.
Tp and SL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: qw1.png Size: 46 KB
Click to Enlarge Name: qw2.png Size: 52 KB
  • #4,617
  • Edited 1:54am Jan 7, 2016 12:17am | Edited 1:54am
Hi,

Lately, I was very busy to develop the scalping strategy using Renko chart, box size=4

I will share with you when I think the strategy gives high percentage of wins

Scalping
Short Trade

On TF's pivot point, price must trading in the OB area (red band)

On Renko chart, price is trading in the upper band + the green line of I-Trend is above the 80 level

Go short when red dot appears + green line ITrend cross below the 80 level + AOAC is red --- AOAC stands for Awsome Oscillator ACcelerator

I attach the indi and templates if you want to try some tests

And I want to hear from your experiences if possible

For the template of Buil RenkoBox, you have to click from expert adviser the renkolivecharts, box size=4, M2

Thanks in advance

Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: EA.png Size: 133 KB
Attached File(s)
File Type: tpl M2_Renko.tpl   4 KB | 267 downloads
File Type: tpl Buil_RenkoBox.tpl   9 KB | 234 downloads
File Type: rar ComeSurfingFxWithMe_Indicators.rar   188 KB | 235 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #4,618
  • Jan 7, 2016 12:58am Jan 7, 2016 12:58am
Quoting sriloba
Hi, Lately, I was very busy to develop the scalping strategy using Renko chart, box size=4 I will share with you when I think the strategy gives high percentage of wins Sai Ram {image}
EA is closed manually for +30 pips

News of Eur will release @ 2 AM ET

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #4,619
  • Jan 7, 2016 2:30am Jan 7, 2016 2:30am
Scalping

Long Trade on GU

SL and TP are set.

Now I can go to bed.

Good night !!

Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 138 KB
Being a fxtrader is not easy. Ones must working hard.
  • #4,620
  • Jan 7, 2016 7:28am Jan 7, 2016 7:28am
Quoting sriloba
Scalping Long Trade on GU SL and TP are set. Now I can go to bed. Good night !! Sai Ram {image}
GU is closed by SL.

2 trades (EA, GU), 1 win and 1 loss

Total pips = 30-7.6 = 22.4 pips

I have made a mistake by putting SL too tight. I should instead wait the trade make some pips then put a BE+2 pips. Then go to bed.

Anyway, at the end, there is a win.

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
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