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More simple is impossible

  • #7,421
  • Jun 30, 2016 7:48am Jun 30, 2016 7:48am
Quoting JoshuaHope
{quote} Hey IKeithStone, Thank you for sharing your find. Yeah, the thread is kinda dying. I would like to post more trades, but as you I am doing mostly research and testing some stuff as well. Its hard to find time to do all that needs to be done. I have been trying to include tick volume analysis into my renko charts and found that tops and bottoms will very likely print high volume candles. You can use it to support your analysis. More info on tick volume and the indicators can be found in the PVSRA thread, or you can look for TAH on donnaforex.com...
Hey Joshua! No problem!

Yeah, everyday is definitely a learning experience. What's cool though is it doesn't even feel like work because of the passion I have for trading. I can't wait until I can do this full-time.

Hmmm that gives me an idea. I've used TAH's tick volume candles before. I took them off though because I felt like they were a little random and would cause me confusion. BUT... I think they could be more beneficial in conjunction with the i-Regr channels (look for high volume/reversal candles at the top and bottom of the channels). I will test and see.

Thanks Josh!
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  • #7,422
  • Jun 30, 2016 8:34am Jun 30, 2016 8:34am
Quoting JoshuaHope
{quote} Hey IKeithStone, Thank you for sharing your find. Yeah, the thread is kinda dying. I would like to post more trades, but as you I am doing mostly research and testing some stuff as well. Its hard to find time to do all that needs to be done. I have been trying to include tick volume analysis into my renko charts and found that tops and bottoms will very likely print high volume candles. You can use it to support your analysis. More info on tick volume and the indicators can be found in the PVSRA thread, or you can look for TAH on donnaforex.com...
Well I should have taken this one just now

Since the i-Regr channels are dynamic. I look for price lining up with the channel. Everything was lining up on the purple channel PLUS a climax red candle at the top of the purple channel. I may be on to something with the volume candles and the i-Regr channels. Adds that extra bit of confirmation. More testing needed.
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  • #7,423
  • Jun 30, 2016 10:19am Jun 30, 2016 10:19am
Quoting lKeithStone
{quote} Well I should have taken this one just now Since the i-Regr channels are dynamic. I look for price lining up with the channel. Everything was lining up on the purple channel PLUS a climax red candle at the top of the purple channel. I may be on to something with the volume candles and the i-Regr channels. Adds that extra bit of confirmation. More testing needed. {image}
Hey. I tinkered with TAH's stuff as well, but I never applied it to renko. It certainly adds a new level of analysis, but must be used as compliment to other analysis.
Try comparing 2 size charts side by side. I feel the same way about trading and charting, and I also hope to do this full time soon. As i said, the only problem I have is that the candles in PVSRA are processor hungry.
Best, Josh
  • #7,424
  • Jun 30, 2016 10:25am Jun 30, 2016 10:25am
Quoting lKeithStone
{quote} Well I should have taken this one just now Since the i-Regr channels are dynamic. I look for price lining up with the channel. Everything was lining up on the purple channel PLUS a climax red candle at the top of the purple channel. I may be on to something with the volume candles and the i-Regr channels. Adds that extra bit of confirmation. More testing needed. {image}
Guys, I had already try this, just for give you attention - MT4 do not save tick data, so TAHs indicator of market strength (based on ticks) is useless without them
  • #7,425
  • Jun 30, 2016 10:32am Jun 30, 2016 10:32am
Quoting Matomi
{quote} Guys, I had already try this, just for give you attention - MT4 do not save tick data, so TAHs indicator of market strength (based on ticks) is useless without them
Hey Matomi. Absolutely correct and important to note. I just keep my trade station open the whole session, no resets etc...but again, backtesting is flawed for both tick volume and arguably renkos themselves. Best, Josh
  • #7,426
  • Jun 30, 2016 10:32am Jun 30, 2016 10:32am
GJ +38 (live account)

Top of Regression Channel + Red Climax bar + BBMACD oversold + Stoch oversold
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  • #7,427
  • Jun 30, 2016 10:38am Jun 30, 2016 10:38am
Quoting lKeithStone
GJ +38 (live account) Top of Regression Channel + Red Climax bar + BBMACD oversold + Stoch oversold {image}
nice one
  • #7,428
  • Jun 30, 2016 10:39am Jun 30, 2016 10:39am
Quoting Matomi
{quote} Guys, I had already try this, just for give you attention - MT4 do not save tick data, so TAHs indicator of market strength (based on ticks) is useless without them
I only forward test so that's not to much of a concern for me. Thanks for letting us know though.
  • #7,429
  • Jun 30, 2016 11:23am Jun 30, 2016 11:23am
Quoting JoshuaHope
{quote} Hey Matomi. Absolutely correct and important to note. I just keep my trade station open the whole session, no resets etc...but again, backtesting is flawed for both tick volume and arguably renkos themselves. Best, Josh
Agreed.....and something back testing can not do is allow you to feel the pulse of PA that is so important to trading....if you are going to spend hours staring at charts make them live charts
  • #7,430
  • Jun 30, 2016 11:37am Jun 30, 2016 11:37am
Quoting PhilippineFX
{quote} Agreed.....and something back testing can not do is allow you to feel the pulse of PA that is so important to trading....if you are going to spend hours staring at charts make them live charts
I agree 100% PhilippineFX! Everything looks great in hindsight. Spotting trades as they form "IMO" is the best training. Feeling the pulse of PA is very important. That is the main reason why I do not backtest and only look at live charts.

Nice to see you around. You plan on posting any charts?
  • #7,431
  • Jun 30, 2016 11:53am Jun 30, 2016 11:53am
Quoting lKeithStone
{quote} I agree 100% PhilippineFX! Everything looks great in hindsight. Spotting trades as they form "IMO" is the best training. Feeling the pulse of PA is very important. That is the main reason why I do not backtest and only look at live charts. Nice to see you around. You plan on posting any charts?
I am on vacation in Canada for a few weeks so taking a break from trading.....will post when I get home......you are so right....live PA/More Simple/some leverage/take your pips and pull the plug on your platform...........
  • #7,432
  • Jun 30, 2016 12:23pm Jun 30, 2016 12:23pm
Quoting PhilippineFX
{quote} I am on vacation in Canada for a few weeks so taking a break from trading.....will post when I get home......you are so right....live PA/More Simple/some leverage/take your pips and pull the plug on your platform...........
Sounds good! Enjoy your vacation!
  • #7,433
  • Jun 30, 2016 1:27pm Jun 30, 2016 1:27pm
...youre welcome mates Just few words about my inactivity - we finally rented our office with friend (coder) and within few days we are going to start writing EA code. I must admit after 4 or 5 months of non-stop bTesting and developing strategy (without any real or demo trade), the EA coding is absolutely different from the manual trading, I mean - it is like completely different job. If not anything else, then one very important thing I learned - at EA coding you have to understand market to its really smallest aspects which at manual trading you can just ignore. Simple said - you have to copy your brain to code to make it work 24/5 without human action.

We will see what brings next weeks of hard work, I promise you that I will post there every single trade if we will make it. Wish you best guys and enjoy summer holiday (if you were trading previous months on real account of course )
  • #7,434
  • Jun 30, 2016 4:04pm Jun 30, 2016 4:04pm
Quoting PhilippineFX
{quote} Agreed.....and something back testing can not do is allow you to feel the pulse of PA that is so important to trading....if you are going to spend hours staring at charts make them live charts
Hi PhillipineFX. Absolutely agree, you can only learn so much from dead charts. Live PA action - whole different level. Enjoy your vacation m8.
Best, Josh
  • #7,435
  • Jun 30, 2016 4:20pm Jun 30, 2016 4:20pm
Quoting JoshuaHope
{quote} Hi PhillipineFX. Absolutely agree, you can only learn so much from dead charts. Live PA action - whole different level. Enjoy your vacation m8. Best, Josh
Thank-you so much....I do check this thread often just to see what you guys are up to......Missed out on the big Brexit action.....lol......not to worry....with the Dax the next move is never far away
  • #7,436
  • Jul 1, 2016 8:09am Jul 1, 2016 8:09am
Quoting PhilippineFX
{quote} Thank-you so much....I do check this thread often just to see what you guys are up to......Missed out on the big Brexit action.....lol......not to worry....with the Dax the next move is never far away

You mean the next big move.
Let it turn and find your entry.
  • #7,437
  • Jul 1, 2016 1:14pm Jul 1, 2016 1:14pm
Anyone else having trouble with Pepperstone? My spread keeps jumping all day from 10 to 22 to 37. Hard not to get taken out
  • #7,438
  • Jul 1, 2016 3:16pm Jul 1, 2016 3:16pm
Quoting lKeithStone
Howdy all. Looks like the thread is kind of dying I've been preoccupied with baby stuff, but I'm still trading when I can. I've done great this week so far (up +112 pips). For some reason I have an infatuation with switching out oscillators. I'm testing out the MACD BB with the Stoch behind it. It doesn't make sense because all oscillators basically do the same damn thing. That should tell you how much I really pay attention to them... not much. However, I do feel like I've added an indicator that has helped my trading quite a bit. That indicator...
Thanks for sharing
Looking good so far, calling the tops and Bottoms so well great to combine it with other set-ups like divergence and Range Breakout/down etc.

I just reloaded my Pepperstone account so I just have to settle down and start trading again with a knife to the throat, I am also testing TickMill, their spreads are higher so that gives the trader more work with the exits.
I moved to BE at 2.1 pips but that came to 1.7 pips on the TickMill trade.
Very similar price feeds with Pepper.

Hope we can get this thread kicking again.
Attached Image(s) (click to enlarge)
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Let it turn and find your entry.
  • #7,439
  • Jul 4, 2016 8:50am Jul 4, 2016 8:50am
Hey fellas. I was doing some research and came across a mean renko builder. Anyway, its a free alternative to OVO's builder. They smooth out the chart, but as everything else, they have advantages and shortcomings. Credit goes to Fxkred. It can be downloaded here - http://www.forexfactory.com/showthre...16#post6084416

Its an interesting thread that talks about using renko with harmonic patterns, short and worth the read.
Best, Josh
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  • #7,440
  • Jul 4, 2016 9:31am Jul 4, 2016 9:31am
I had to attend to some manual banking in town, cos tomorrow and next are public holidays, so I missed trading.
The i-Regr is looking so good, hope to catch some action tomorrow, don't want to meddle with July4th NYO session ranging mode.
Attached Image (click to enlarge)
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Let it turn and find your entry.
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