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RENKO Boxes Trade easy

  • #421
  • Aug 25, 2016 4:11am Aug 25, 2016 4:11am
- we trade currencies like Post # 1 with 10 Pips (100) in the M1 Chart with Renko EA

- if any will trade DAX (German 30 = GE30 or DE30) trade with 20 Pips (200)

here a new order from me with DAX / Renko boxes

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Renko_DAX_25.08.JPG Size: 255 KB
  • #422
  • Aug 25, 2016 4:14am Aug 25, 2016 4:14am
Renko boxes Chart create:

A) - Renko evo-renko EA 1.31 into "expert" folder

B) all Indicators into "indicators" folder

C) Templates into "template" folder

1. M1 chart with evo-renko EA 1.31 (settings Post # 1) Example EURUSD

2. File - Offline Charts - M2 Chart EURUSD

3. Renko.tpl for create Renko boxes

4. Template with the indicators
  • #423
  • Aug 25, 2016 4:33am Aug 25, 2016 4:33am
Renko boxes with DAX Order from Post # 420 closed now with + 50 Pips

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Renko_DAX_25.08_2.JPG Size: 263 KB
  • #424
  • Aug 25, 2016 4:54am Aug 25, 2016 4:54am
next DAX Order

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Renko_DAX_25.08.JPG Size: 257 KB
  • #425
  • Aug 25, 2016 5:17am Aug 25, 2016 5:17am
Quoting ghostbiker
- we trade currencies like Post # 1 with 10 Pips (100) in the M1 Chart with Renko EA - if any will trade DAX (German 30 = GE30 or DE30) trade with 20 Pips (200) here a new order from me with DAX / Renko boxes {image}
Line didn't change color, why you bought? 
  • #426
  • Aug 25, 2016 5:36am Aug 25, 2016 5:36am
- watch exactly !! evo slope change from green to red !! you must have a 50 Zoll screen hehe
  • #427
  • Aug 25, 2016 5:47am Aug 25, 2016 5:47am
Quoting ghostbiker
- watch exactly !! evo slope change from green to red !! you must have a 50 Zoll screen hehe
I say about previous trade where you bought dax.
 
Green to red is a signal to sell, that's your last trade.
 
  • #428
  • Aug 25, 2016 6:06am Aug 25, 2016 6:06am
Good morning Ghostbiker.
My DAX30 chart it is slightly different from yours.
In bear trend I get a blue candle while in your graphic does not appear. There are also some points placed differently.

Can you please help me to set up my DAX to be the same as yours.

Thank you and a big hug.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX30 (25Ago2016).png Size: 60 KB
  • #429
  • Aug 25, 2016 6:22am Aug 25, 2016 6:22am
- if your Renko boxes 20 (200) is the differece a other starttime of your Broker or a other pricefeed
  • #430
  • Aug 25, 2016 6:24am Aug 25, 2016 6:24am
Quoting ghostbiker
- if your Renko boxes 20 (200) is the differece a other starttime of your Broker or a other pricefeed
On your screenwriter there is no signal and you placed buy stop. Why?
Yes, you wad right on that trade, but how?
  • #431
  • Aug 25, 2016 6:28am Aug 25, 2016 6:28am
Yes, my Renko boxes are 20 (200).
Thanks for the response.
  • #432
  • Aug 25, 2016 6:45am Aug 25, 2016 6:45am
- the buy order was this morning (german time) with a very good signal
after go down, us a retracement

you need a 50 Zoll screen too
  • #433
  • Aug 25, 2016 7:07am Aug 25, 2016 7:07am
Quoting ghostbiker
- the buy order was this morning (german time) with a very good signal after go down, us a retracement you need a 50 Zoll screen too
Yes, but line didn't change color when you setup order!
  • #434
  • Aug 25, 2016 7:11am Aug 25, 2016 7:11am
Quoting Viron
{quote} Line didn't change color, why you bought?Â
Gaukelbild,
Coulp you post the exact same template that you have in this post 424?
Thank you
  • #435
  • Aug 25, 2016 7:15am Aug 25, 2016 7:15am
CAN ANYONE HELP ME STEP BY STEP WITH THIS RULES ALONG WITH SCREENSHOTS WHEN YOU TRADE NEXT TIME
IT'LL HELP NEWBIES TOO.
ADVANCE THANKS


RULES: Renko Boxes hav'nt a time, but only the priceline

- we trade following pairs: EURUSD, EURAUD, EURJPY, GBPAUD, GBPJPY, AUDUSD, USDCHF, USDJPY

My Start time with Renko trading: 07:15 GMT = 15 minutes after London open

1. evo- slope must change the color for change direction red is sell and blue is buy (no repaint)

2. evo-donchian: above the donchian line only buy / below the donchian line only sell

3. we have resistance and support lines

4. the blue line above and the orange line below is the donchian CHANNEL

5. Dots are ONLY the alarm for us

6. we look for 25 - 50 Pips TP - SL 25 - 50 Pips


7. we will work more and often with BuyStop and SellStop Orders and with MarketOrders
  • #436
  • Aug 25, 2016 7:38am Aug 25, 2016 7:38am
Quoting MidnightRun
{quote} Gaukelbild, Coulp you post the exact same template that you have in this post 424? Thank you
I'm talking about post #421
  • #437
  • Aug 25, 2016 7:39am Aug 25, 2016 7:39am
yes the Rules are clear OK, isn't heavy

- Picture 424: all in the Post # 1 only the boxes are 20 Pips (200) in the M1 Renko EA Chart
  • #438
  • Aug 25, 2016 7:41am Aug 25, 2016 7:41am
Quoting ghostbiker
next DAX Order {image}
Gaukelbild,

Coulp you post the exact same template that you have in this post 424?
Thank you
  • #439
  • Aug 25, 2016 7:47am Aug 25, 2016 7:47am
Quoting Viron
{quote} I'm talking about post #421
Hi Viron,

I´m having the same problem as you - I don´t see the rules fulfilled, and placing an order every time the evo_slope changes color will get you in a lot of chop sometimes resulting in many stop-outs.

Somehow it seems to work for GB obviously, but I cannot reproduce these results. Maybe can you also look at my question from post #419 please? And I think many people would be happy about what Xbeast asked :-)


Cheers,
Alex
  • #440
  • Aug 25, 2016 8:12am Aug 25, 2016 8:12am
- Post # 419

- yes on this time I stay out. Go the price sideways or 20 (10) up 20 (10) Pips down stay out and wait for a better situation

- you must have patience and must wait for a good move and entry

- with 0.5 Lot and 30 - 50 Pips I need only one or two Orders / day manually by DAX trading

- I trade 2 Systems every day manually and this is enough + trade with EA's automatic
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