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RENKO Boxes Trade easy

  • #161
  • Aug 8, 2016 4:24am Aug 8, 2016 4:24am
​@ghostrider,can you show some chart examples please? :-]
  • #162
  • Aug 8, 2016 4:27am Aug 8, 2016 4:27am
Can you explain how you evaluate the entry price for the pending orders ?
In other words, do you have a more precise rule than above or below the evolution_donchian line ?

The rules for entering are very clear on your #1 post but I don't see well the relation between the rules and the pendings ...

I suppose that I'm not the only one ?

Thanks for your help and time spending with us !
  • #163
  • Aug 8, 2016 4:28am Aug 8, 2016 4:28am
Pendings 15 - 20 Pips difference to the actually priceline above or below evo-donchian

- be back on 12:00 GMT
  • #164
  • Aug 8, 2016 4:29am Aug 8, 2016 4:29am
Quoting Scrambleguy
​In my Journal it says loaded successfully" then "is not a custom indicator and will be removed" then I get " removed, any help please?
You get that message because it is not an indi - you have to put it in the scripts folder.
  • #165
  • Aug 8, 2016 4:31am Aug 8, 2016 4:31am
Quoting Go5
{quote} You get that message because it is not an indi - you have to put it in the scripts folder.
​Thanks Buddy
  • #166
  • Edited 6:14am Aug 8, 2016 4:34am | Edited 6:14am
After 07:15 GMT I will make Renko Orders but with patience:

Pair++++Pending+++ Market+++ buy++/++sell+++openprice++++++TP Pips++++++closeprice
EURAUD++++ x +++++++++++++ x++++++++++ 1.4550+++++++ 40
GBPAUD-------x-----------------------x------------------1.7120------------40
AUDUSD------ x-----------------------------------x------0.7610------------30
EURJPY-------x-----------------------------------x------ 113.30------------30---------------delete pending
USDJPY-------x-----------------------------------x------102.20------------30
  • #167
  • Aug 8, 2016 4:43am Aug 8, 2016 4:43am
Quoting forexbandit7
Hi, trying out in demo , hope my entry is correct, UJ long,EJ long,if not pls advise ,thanks {image} {image}
Didn't the pending x mean sells on those 2 not longs?
  • #168
  • Aug 8, 2016 4:45am Aug 8, 2016 4:45am
i was not following his pending , i just follow the indies
Early bird gets the worm
  • #169
  • Aug 8, 2016 4:46am Aug 8, 2016 4:46am
trying GA short on demo
Attached Image (click to enlarge)
Click to Enlarge Name: ga.png Size: 60 KB
Early bird gets the worm
  • #170
  • Aug 8, 2016 4:51am Aug 8, 2016 4:51am
Quoting Go5
{quote} You get that message because it is not an indi - you have to put it in the scripts folder.
And where I can see this message?
  • #171
  • Aug 8, 2016 4:55am Aug 8, 2016 4:55am
Quoting ghostbiker
you must look that the order is below (sell) or above (buy) the evo-donchian with pendingorders you have lower risk the 5 orders in this moment OK - all is well - by trading you must have patience and must wait


I did the first trade on EURJPY BUY just when I saw the price open blue after a blue candle above the green line. I've closed the operation with 20 pips of profit.

Why is it safer to do it with pending orders than on live when we see the price just go above the evo-don indicator?
  • #172
  • Aug 8, 2016 5:47am Aug 8, 2016 5:47am
GBPAUD triggered for a long at .7120? Target is .7160 and stop is .7066?
  • #173
  • Edited 10:05am Aug 8, 2016 6:03am | Edited 10:05am
After 07:15 GMT I will make Renko Orders but with patience:

Pair++++Pending+++ Market+++ buy++/++sell+++openprice++++++TP Pips++++++closeprice
EURAUD++++ x +++++++++++++ x++++++++++ 1.4530+++++++ 40----------------delete pending
GBPAUD-------x-----------------------x------------------1.7120------------40
AUDUSD------ x-----------------------------------x------0.7620------------40----------------delete pending
EURJPY-------x-----------------------------------x------ 113.30------------30--------------- delete pending
USDJPY-------x-----------------------------------x------102.30------------40----------------delete pending
GBPAUD------x------------------------x------------------1.7035-----------55----------------update pending

Monday is slow, but tuesday - Friday is better move (EURUSD ATR today 30 Pips)

if the price move fast you can make a MarketOrder but below / above the evo-donchian line
  • #174
  • Aug 8, 2016 6:09am Aug 8, 2016 6:09am
Quoting sevan62
{quote} Right mate. Renko LIVE charts are building renko bricks from reail ticks from the start moment till MT4 shutdown. But in case you restart MT4 previous HISTORICAL renko bricks would be build from MT4 M1 data based on only 4 prices (Open, Close, Low, High) as MT4 does not save historical tick data. And therefore old bricks are everytime repaint after MT4 restart.
Indeed. If one really wants history, there is an option of using ovo builder. It saves tick data into you mt4 folder, but only when the mt4 is open with the builder running...or an even better solution(and free) - keep your mt4 open without restarts during the session
Best, Josh
  • #175
  • Aug 8, 2016 9:11am Aug 8, 2016 9:11am
Quoting ghostbiker
After 07:15 GMT I will make Renko Orders but with patience: Pair++++Pending+++ Market+++ buy++/++sell+++openprice++++++TP Pips++++++closeprice EURAUD++++ x +++++++++++++ x++++++++++ 1.4530+++++++ 40----------------delete pending GBPAUD-------x-----------------------x------------------1.7120------------40 AUDUSD------ x-----------------------------------x------0.7620------------40----------------delete pending EURJPY-------x-----------------------------------x------ 113.30------------30--------------- delete pending USDJPY-------x-----------------------------------x------102.30------------40----------------delete pending GBPAUD------x------------------------x------------------1.7090------------30 Monday is slow, but tuesday - Friday is better move (EURUSD ATR today 30 Pips) if the price move fast you can make a MarketOrder but below / above the evo-donchian line


thx for sharing indicators and template
wish you all best trades
Attached Image (click to enlarge)
Click to Enlarge Name: renko xmas.PNG Size: 53 KB
nescentia necat
  • #176
  • Aug 8, 2016 9:22am Aug 8, 2016 9:22am
Quoting friska
{quote} thx for sharing indicators and template wish you all best trades {image}
Friska,

What are the MAs in your screenshot? (Look effective to me)
Thank you
  • #177
  • Aug 8, 2016 9:26am Aug 8, 2016 9:26am
GB you are obviously quite intelligent. Thanks for sharing your information. I'm not certain I see this as being easy. Just my opinion.
Thanks,
Darryl
  • #178
  • Aug 8, 2016 9:27am Aug 8, 2016 9:27am
Quoting MidnightRun
{quote} Friska, What are the MAs in your screenshot? (Look effective to me) Thank you
ema 100 (blue) ema 21 yellow (not pending orders for me, but it's out of topic, do not want to disturb this 3d, apologies)

you're welcome
nescentia necat
  • #179
  • Aug 8, 2016 9:41am Aug 8, 2016 9:41am
Quoting friska
{quote} thx for sharing indicators and template wish you all best trades {image}
trader using ms paint can u mark where u enter the trade ?
  • #180
  • Aug 8, 2016 9:51am Aug 8, 2016 9:51am
I have delete the SuperSignal v3d Indicator

many traders will not see this Indicator
0 traders viewing now