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RENKO Boxes Trade easy

  • #541
  • Sep 10, 2016 3:50pm Sep 10, 2016 3:50pm
Hi Guys!
I also added Pivot Channel indicator and EMA 200. If price is below EMA 200 and touching or it's near top of channel indi it could be a confirmation for short, if price is above EMA 200 and touching bottom of chanel it could be confirmation for long.

Cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: Zrzut ekranu 2016-09-10 o 22.39.09.png Size: 130 KB
Attached File(s)
File Type: ex4 Vdub_Pivot_Channel.ex4   32 KB | 617 downloads
  • #542
  • Edited 10:16am Sep 11, 2016 7:03am | Edited 10:16am
This is NOT a help for Renko trading !!
  • #543
  • Sep 11, 2016 1:50pm Sep 11, 2016 1:50pm
Hi ghostbiker
Thx for this strategy.
For dax the indicators settings is the same as eurusd?
Thx
  • #544
  • Sep 11, 2016 1:59pm Sep 11, 2016 1:59pm
hello ghost , sorry my english is not very good, im following your post for 2 weeks, i read the 26 pages many times, but something i dont understand. im just working with dax with your method, if i understand well, for sell trade im waiting for the red dot and than wait for the yellow line and at this moment can enter a sell trade??

i dont understand which configuration tell you to put a sell stop or buy stop? at which moment you decide?
best regards
emmanuel
  • #545
  • Edited 4:44pm Sep 11, 2016 4:10pm | Edited 4:44pm
is all on site # 1 Post # 1

- evo slope must change the color to red then set a sellstop / buy to green then set a buystop

- then I set the sellstop below the donchian middle line (or on the middle line) 15 - 20 Pips on a gold line (currencies)

- then I set the buystop above the donchian middle line (or on the middle line) 15 - 20 Pips on a gold line (currencies)

- for DAX must have for the pendingorders 20 - 30 Pips difference to the priceline
  • #546
  • Sep 12, 2016 7:36am Sep 12, 2016 7:36am
Quoting ghostbiker
is all on site # 1 Post # 1 - evo slope must change the color to red then set a sellstop / buy to green then set a buystop - then I set the sellstop below the donchian middle line (or on the middle line) 15 - 20 Pips on a gold line (currencies) - then I set the buystop above the donchian middle line (or on the middle line) 15 - 20 Pips on a gold line (currencies) - for DAX must have for the pendingorders 20 - 30 Pips difference to the priceline


In this system you use 15 - 20 pips of diference from the donchain middle line, in scalping system how many pips do you use of diference from donchain middle line?
  • #547
  • Sep 12, 2016 7:53am Sep 12, 2016 7:53am
Quoting ghostbiker
is all on site # 1 Post # 1 - evo slope must change the color to red then set a sellstop / buy to green then set a buystop - then I set the sellstop below the donchian middle line (or on the middle line) 15 - 20 Pips on a gold line (currencies) - then I set the buystop above the donchian middle line (or on the middle line) 15 - 20 Pips on a gold line (currencies) - for DAX must have for the pendingorders 20 - 30 Pips difference to the priceline
Hi GhostRider,
What is the settings for gold line in DAX?

Thx for your work, and great job
  • #548
  • Sep 12, 2016 7:55am Sep 12, 2016 7:55am
- on the middle line, sell below buy above (next golden line)
  • #549
  • Sep 12, 2016 10:31am Sep 12, 2016 10:31am
DAX orders with Renko today, not bad

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Renko_DAX_08.12.JPG Size: 332 KB
  • #550
  • Sep 12, 2016 11:39am Sep 12, 2016 11:39am
Quoting ghostbiker
DAX orders with Renko today, not bad {image}
hi thanks for your system but most of us do not understand the rules please can explain with more detail would be helpful
  • #551
  • Sep 12, 2016 11:46am Sep 12, 2016 11:46am
SweetSpot DAX

Attached Image
  • #552
  • Sep 12, 2016 11:51am Sep 12, 2016 11:51am
Quoting ghostbiker
DAX orders with Renko today, not bad {image}

When evo slope changes color, you go for the next Golden line above or below middle don chain, with 5 pips golden lines ? This is for scalping 5 pips ?
  • #553
  • Sep 12, 2016 12:14pm Sep 12, 2016 12:14pm
Was looking for a thread which explains renko clearly cheers mate
  • #554
  • Sep 12, 2016 12:32pm Sep 12, 2016 12:32pm
the 5 Pips golden line I have made only for the Pendingorders by DAX

I make not scalping I work with TP
  • #555
  • Sep 12, 2016 12:37pm Sep 12, 2016 12:37pm
Quoting ghostbiker
the 5 Pips golden line I have made only for the Pendingorders by DAX I make not scalping I work with TP

Thanks
  • #556
  • Sep 12, 2016 1:50pm Sep 12, 2016 1:50pm
Quoting ghostbiker
DAX orders with Renko today, not bad {image}
It is possible to put a screenshoot of your buy at 11:58 .
Thx for yor time
  • #557
  • Sep 12, 2016 3:40pm Sep 12, 2016 3:40pm
this is correct?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 197 KB
  • #558
  • Sep 12, 2016 4:08pm Sep 12, 2016 4:08pm
left NO !
  • #559
  • Sep 12, 2016 4:21pm Sep 12, 2016 4:21pm
[Quote = ghostbiker; 9134934] hacia la izquierda NO [/ quote]!
the left is just to be clear about the direction
  • #560
  • Sep 13, 2016 1:25am Sep 13, 2016 1:25am
GB. Thanks for this wealth of knowledge.

i am about testing your scalping system but the strength indicator is not displaying owing to the suffix in my broker. i will like to know the name of broker platform that you attached yours.

i will also like to have your on-screen order executor indicator so allow me trade faster.

Thanks for your generosity
i have tried to start trades with a trend, now i prefer to follow the trend
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