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RENKO Boxes Trade easy

  • #321
  • Aug 19, 2016 10:28am Aug 19, 2016 10:28am
okk guys thanks for replying. i already got it as i mentioned above
  • #322
  • Edited 1:10pm Aug 19, 2016 12:10pm | Edited 1:10pm
Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_renko_M_12.08_19.08.JPG Size: 366 KB


the stop is hidden for the broker

my second system for MarketOrders manually
Trading candle / strength / trend 2 day's 18. and 19.08.

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_TT_MarketOrdersystem_18._19.08.JPG Size: 374 KB
  • #323
  • Aug 19, 2016 12:17pm Aug 19, 2016 12:17pm
Hi Ghostbiker, the trades with stop = 0 are related to this system?
  • #324
  • Aug 19, 2016 2:38pm Aug 19, 2016 2:38pm
Quoting ghostbiker
Orders new from today: EURJPY buystop pending 113.20 TP 113.30 SL 112.80 closed + 10 Pips EURUSD sellstop pending 1.1310 TP 112.50 SL 113.50 active GBPAUD buystop pending 1.6950 TP 1.69700 SL 1.6900 closed + 20 Pips GBPJPY buystop pending 130.60 TP 130.800 SL 129.90 closed + 20 Pips AUDUSD sellstop pending 0.7695 TP 0.7670 SL 0.7750 closed + 25 Pips USDCHF buystop pending 0.9610 TP 0.9650 SL 0.9560 active GBPJPY sellstop pending 131.90 TP 131.400 SL 132.40 closed + 20 Pips GBPAUD sellstop pending 1.7145 TP 1.7100 SL 1.7200 closed + 20 Pips EURAUD...
Hi Ghostbiker,

I honestly don't get how you place your trades (or maybe my renko charts are wrong). For instance you had an active order buystop pending 0.9610 TP 0.9650 SL 0.9560. This means you were actually not in a trade, right? It was still just pending at the time you posted the above?

Your instructions here http://www.forexfactory.com/showthre...35#post9092235 are clear. But how did you decide that long entry should be made at 0.9610 ?

Then in this post http://www.forexfactory.com/showthre...80#post9093280 you show a profit of 10 pips on USDCHF trade entering at 0.9590 at 9.11am with no stop loss. Again I don't see a reason for the entry as per my chart
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFM2.png Size: 81 KB
  • #325
  • Aug 19, 2016 3:26pm Aug 19, 2016 3:26pm
Quoting ghostbiker
{image} the stop is hidden for the broker my second system for MarketOrders manually Trading candle / strength / trend 2 day's 18. and 19.08. {image}
The System on the second picture is very interesting, you mind explaining how the second chart works, i know this is a renko thread but i would really appreciate it if you could as it seems very profitable!
  • #326
  • Aug 19, 2016 3:46pm Aug 19, 2016 3:46pm
@tonny47:

- to the order TIME (I hav'nt) was this order a really pendingorder, if not I will not make the pending order

- But the price go more down, I have reduce the buy pendingorder to 0.9590

- the pendingorder is a long time open and I have reduce the TP to 0.9600 for close and the order close TP
(I reduce often the TP is the order longer open)

- what is the problem with the order ?

@tillionaire:

- you can read here above that for much traders are Renko boxes trading to complicated, hav'nt understand
that Renko boxes not have a timeframe like candle charts with Timeframe. This Users means Renko boxes have a "Time Gap"
We write and write and write here over day's all over Renko boxes and the Users read not what we have written

- this is the best and easy system, but to complicated, if the traders can't understand Renko boxes trading without
a timeframe
  • #327
  • Aug 19, 2016 4:45pm Aug 19, 2016 4:45pm
Quoting tillionaire
{quote} The System on the second picture is very interesting, you mind explaining how the second chart works, i know this is a renko thread but i would really appreciate it if you could as it seems very profitable!
Thanks. Ok, so initially you entered a pending order when renko marked with yellow number 1 below it was formed. How did you initially decide on target profit in this case?
At which price have you decided to move your pending order to 0.9590 (I marked several renko candles with numbers just in case that helps you with referring to them)?
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFM2.png Size: 68 KB
  • #328
  • Aug 20, 2016 12:45am Aug 20, 2016 12:45am
To Ghostbiker,
Excellent free trading system that too many people cannot relate to but I spent yesterday downloading, uploading and configuring your trading system with excellent outcome. It does what you said it would and my hat is off to you, thank you sir. If you have other threads with the second system, I am game and would like to learn more from your skillset. Thank you on behalf of the whole Renko Forex Factory thread. C Pfleger
  • #329
  • Aug 20, 2016 8:14pm Aug 20, 2016 8:14pm
Quoting ghostbiker
@tonny47: - to the order TIME (I hav'nt) was this order a really pendingorder, if not I will not make the pending order - But the price go more down, I have reduce the buy pendingorder to 0.9590 - the pendingorder is a long time open and I have reduce the TP to 0.9600 for close and the order close TP (I reduce often the TP is the order longer open) - what is the problem with the order ? @tillionaire: - you can read here above that for much traders are Renko boxes trading to complicated, hav'nt understand that Renko boxes not have a timeframe like...
Can you tell how "AllabsoluteStrengthTrend_v1600" indicator helps you ? It draws bar & circle on renko box, what they tell ?

Regards,
  • #330
  • Edited 8:16am Aug 21, 2016 6:07am | Edited 8:16am
- is this Indicator impossible for you, you can delete it
  • #331
  • Aug 21, 2016 4:28pm Aug 21, 2016 4:28pm
Ghostbiker, as always, you are THE MAN! Question with regards to AllAbsoluteTrend indicator. I see an option for e-mail. How would that be set up within the indicator. I know how to make my MT4 send me the e-mails but not sure how to activate it in the indicator itself as I see an option available. Thank you in advance.
  • #332
  • Aug 21, 2016 4:38pm Aug 21, 2016 4:38pm
- excuse me I don't knew the anwer for e-mail send Alarm

- I'm not the coder
  • #333
  • Aug 21, 2016 4:56pm Aug 21, 2016 4:56pm
thanks ghostbiker for share your system

please more send screen shot from how take position on chart

we still dont know how must work with your system

sorry for bad speak english
  • #334
  • Aug 21, 2016 7:19pm Aug 21, 2016 7:19pm
Quoting trustyct
Ghostbiker, as always, you are THE MAN! Question with regards to AllAbsoluteTrend indicator. I see an option for e-mail. How would that be set up within the indicator. I know how to make my MT4 send me the e-mails but not sure how to activate it in the indicator itself as I see an option available. Thank you in advance.
Just set your platform to allow the emails sending (Tools > Options > Email) ... Then the indicator will do its job.
MT4/MT5 EAs/Indicators/Alerts coder
  • #335
  • Aug 21, 2016 7:34pm Aug 21, 2016 7:34pm
Quoting FerruFx
{quote} Just set your platform to allow the emails sending (Tools > Options > Email) ... Then the indicator will do its job.
FerruFx, thank you. So, I should not put anything in the indicator to turn on e-mail alerting. Leave it as is and simply turn on my MT4 e-mail notification, which I know how to do, and will receive the alerts via e-mail without doing anything after install? Thanks!!!
  • #336
  • Aug 21, 2016 9:24pm Aug 21, 2016 9:24pm
Quoting trustyct
{quote} FerruFx, thank you. So, I should not put anything in the indicator to turn on e-mail alerting. Leave it as is and simply turn on my MT4 e-mail notification, which I know how to do, and will receive the alerts via e-mail without doing anything after install? Thanks!!!
Not sure which indicator you are talking about ... but if it has an option to turn the alert ON/OFF, just set it ON ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #337
  • Edited 2:22am Aug 22, 2016 1:59am | Edited 2:22am
NOT a signal on the M2 AUDUSD to buy? Checking I got this correct. Is this a buy/reversal signal?

Donchian middle line is YELLOW (needs to be green)
Renko is blue (BUY)
Evo slope is green and above donchian (BUY)

If the Donchian middle line turns green, it becomes a buy signal. Is this the correct interpretation?

Second picture shows valid entry?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd-m2-pepperstone-group-limited.png Size: 61 KB
Click to Enlarge Name: audusd-m2-pepperstone-group-limited-2.png Size: 48 KB
PhD with a specialty in economics & finance.
  • #338
  • Aug 22, 2016 2:36am Aug 22, 2016 2:36am
- yes was a buy signal and a buy order AUDUSD
  • #339
  • Aug 22, 2016 3:49am Aug 22, 2016 3:49am
Quoting samuk1000
NOT a signal on the M2 AUDUSD to buy? Checking I got this correct. Is this a buy/reversal signal? Donchian middle line is YELLOW (needs to be green) Renko is blue (BUY) Evo slope is green and above donchian (BUY) If the Donchian middle line turns green, it becomes a buy signal. Is this the correct interpretation? Second picture shows valid entry? {image} {image}
thanks samuk1000 for show take position

1 question

how many set

Renko Brick Size (boxsize) ?
  • #340
  • Aug 22, 2016 4:01am Aug 22, 2016 4:01am
@Ghostbiker , thank you for sharing your system with us, really appreciate it, I will try and post the result with demo. Cheers.
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