More simple is impossible | Page 351 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

More easy is impossible 17 replies

long-run profits impossible with short-term trading? 39 replies

Attachments: More simple is impossible
Exit Attachments

More simple is impossible

  • #7,001
  • May 9, 2016 11:32am May 9, 2016 11:32am
Quoting lKeithStone
{quote} OVO in my opinion is by far the best Renko builder. Yes, it does show gaps. {image}
Visually it seems so sweet to trade to the left, in fact the Renko 4 and Renko 2 combination is excellent but, I will have to wait and see tomorrow in the heat of the day's trading if it lives up to it's claim of "non repainting".

The drawback is it gobbles resources, my CPU hits 99% at times, and it's not news release time.
Let it turn and find your entry.
  • #7,002
  • May 9, 2016 11:46am May 9, 2016 11:46am
Quoting Intrepidpips
{quote} Visually it seems so sweet to trade to the left, in fact the Renko 4 and Renko 2 combination is excellent but, I will have to wait and see tomorrow in the heat of the day's trading if it lives up to it's claim of "non repainting". The drawback is it gobbles resources, my CPU hits 99% at times, and it's not news release time.
I've not noticed any repainting. Let us know if you run into any repainting.

Hmm, that's odd. It runs smooth on my Mac.
  • #7,003
  • May 9, 2016 3:25pm May 9, 2016 3:25pm
Quoting Doc_B
I compiled Dee`s posts until today. I find them very, very helpful and I hope he will come back soon. {image} {image} You will find Part 1,2 and 3 on Page 212. Doc_B
Great work Doc_B.
  • #7,004
  • May 10, 2016 12:43am May 10, 2016 12:43am
Quoting mact4
{quote} ​I don't know what you mean by repainting. So long as my chart stays open, it does not repaint. However, closing down MT4 then reopening can cause the charts to look different - which is why learning renko is best done forward testing. (I hope that makes sense). My new machine is an Intel i7-4790 4.0GHz, 32GB DDR3 1600 Memory with a 512GB Solid State Hard Drive It's probably overkill but at least I have no speed issues with Renko.
I would kill for a beast like that
Invincibility lies in the defence; the possibility of victory in the attack
  • #7,005
  • May 10, 2016 12:56am May 10, 2016 12:56am
Found the problem. I was running 1 pip Renko on the GBPUSD chart, it seems like it is too much to handle for my PC. Damnit. I wanted to imitate the M1 chart, and the 1 pip Renko did just that.
Invincibility lies in the defence; the possibility of victory in the attack
  • #7,006
  • May 10, 2016 1:47am May 10, 2016 1:47am
It`s not so easy today. Took some Points to the downside. Could be a 123 setup on10 Point Renko.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 86 KB


Good Trading Doc_B
  • #7,007
  • May 10, 2016 2:00am May 10, 2016 2:00am
g'day peeps.

DAX +50.

missed the retracement in demand around 50% fib because i was cautious, waited for price to break the red trendline and retest it. out at H4 SR + BRN. Got several buys lower running, will reassess later today.
Attached Image (click to enlarge)
Click to Enlarge Name: 835c0979b7968254db2537099c099de2.png Size: 49 KB
Hidden in plain sight.
  • #7,008
  • May 10, 2016 2:20am May 10, 2016 2:20am
Ditto. Closed 2 trades at BRN and left 2 more to run if price goes further - though there is a possible divergence on 10 pip....
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 307 KB
  • #7,009
  • May 10, 2016 4:13am May 10, 2016 4:13am
Dax +57,,,,,divergence on 10REN and ABCD on the 5REN......bailed at 50% retracement....that proved to be premature as price is fall down towards the gap
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 59 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 54 KB
  • #7,010
  • May 10, 2016 4:33am May 10, 2016 4:33am
Dax 30......gap filled
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 38 KB
  • #7,011
  • May 10, 2016 5:30am May 10, 2016 5:30am
look more simple is impossible
Attached Image (click to enlarge)
Click to Enlarge Name: qwerty.png Size: 202 KB
Attached File(s)
File Type: mq4 Gann_Hi-lo_Activator_SSL.mq4   2 KB | 474 downloads
  • #7,012
  • May 10, 2016 7:23am May 10, 2016 7:23am
Quoting RalfFx
look more simple is impossible {image} {file}
Would you care to elaborate?
Which renko is that - 10 bars?
Do you wait for one bar to close above/below the line before you open the trade?
Does the indicator show the arrows, because mine only show the line?

Thanks!
  • #7,013
  • Edited 8:08am May 10, 2016 7:50am | Edited 8:08am
Quoting RalfFx
look more simple is impossible {image} {file}
LOL yeah i can share a dozen of charts with multiple systems that will give you the exact same excitement. now, trading them in any kind of market environment day in day out is an other story.

EDIT. re-reading my comment, it seemed a bit rude, so, to be clear, no offense meant, and thanks for sharing of course. as often, entries as easier than exits.
Hidden in plain sight.
  • #7,014
  • May 10, 2016 8:11am May 10, 2016 8:11am
This is what I meant, in the yellow box.
Attached Image (click to enlarge)
Click to Enlarge Name: 417148310924469da93218f3bb78fbd5.png Size: 38 KB
Hidden in plain sight.
  • #7,015
  • May 10, 2016 8:31am May 10, 2016 8:31am
On my search for equilibrium... I've come to the conclusion that Volume profile is the best indicator to find equilibrium. I'm going to share the two indicators that I'm using to find levels. One of them even draws levels for you! They work on offline Renko Charts. I normally don't get excited over indicators, but these two work incredibly well. I feel like incorporating VSA into what I already know is the cherry on top.

Enjoy!
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-05-10 at 10.03.52 AM.png Size: 346 KB
Attached File(s)
File Type: ex4 +TPO.ex4   39 KB | 438 downloads
File Type: ex4 TPO-Range-v3.ex4   40 KB | 424 downloads
  • #7,016
  • May 10, 2016 9:37am May 10, 2016 9:37am
RalfFX - what setting are you using on that Gann indi ?
  • #7,017
  • May 10, 2016 9:40am May 10, 2016 9:40am
Quoting handy148
RalfFX - what setting are you using on that Gann indi ?
if you look at his chart (a renko10), and compare to yours, you ll see that it's the default gann indy settings.
Hidden in plain sight.
  • #7,018
  • May 10, 2016 12:15pm May 10, 2016 12:15pm
Quoting codar
{quote} Would you care to elaborate? Which renko is that - 10 bars? Do you wait for one bar to close above/below the line before you open the trade? Does the indicator show the arrows, because mine only show the line? Thanks!
yes 10 pips bar for dax and eurusd for gbpusd 20
yes if first candle above line open long stop loss 30 pips if the course will go up use stop loss to protect profit
indicator don't show arrows
  • #7,019
  • May 10, 2016 12:25pm May 10, 2016 12:25pm
Quoting jakucha
This is what I meant, in the yellow box. {image}
if you do not want to take each signal you can change periods to 100 or use moving averages to filtred situation for example 100 exponential and 200 exponential or 5 smoothed and 50 simple
  • #7,020
  • May 10, 2016 12:38pm May 10, 2016 12:38pm
Quoting jakucha
This is what I meant, in the yellow box. {image}
I would use Stochastics for that, and get only the signals where the price already had a good move to one side before change to other side
my chart for example, look at the yellowbox, no arrows, as the price did not move enought before changing side

Attached Image (click to enlarge)
Click to Enlarge Name: 01.PNG Size: 60 KB
2 traders viewing now