RENKO Boxes Trade easy

my Renko Orders yesterday late and today, most DAX30

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Nice work! I am actually making some screencasts about your system.

I hope you all got this EURUSD long trade. I took a screencast of this trade.

@Gostbiker - it's awesome! How do you filtering false signals? It's a big problem for me, I think that not only for me... Thanks in advance.

- what is filtering ? I trade my Signals and not filtering anything !

My point is, that some signals are false.

Here is the screencast I created for the Long EURUSD trade.

- here the last trades from today GMT 20:30

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Thank you very much If you could upload more video you will become my heroe for the life

Hey man, I will try my best to upload more screen-casts. Thanks for the feedback.

Time of day can help filter out a lot of false signals. It's important to trade at the right time of the day.

HI GB , maybe u take the signals which are only bouncing from S/R Lines ? cos as it said above, there is a lot of false signals which usually is in the mid of supports and resist , i think the best choice is to trade when price line is bouncing from S/R like 4hrs o 1D , ( afcorse whit all others points of trade)

hi fxtrader, thanks for sharing your video, but i m now confused because you are just using the evo slope and you did not have the evo donchian, i guess with both we avoid more false signals even if we enter later than you..
So what's your rules for entry ?

DAX obove donchain line , Change Color buy , Long entry Long DAX at 10289,1
,closed when Price crossed donchian line south at 10295,3

DAX tp 20 reached,
EURUSD short triggert, Price below donchian line and slope red

because of slow market i closed half the EURUSD Position with 10 pips and set SL to B/E

Hey guys, I just have a few questions to make sure I understand the system.

1) Using a 10 pip renko block, you wait for the evo-slope to change color and direction then place a buy stop/sell stop 15-20 pips above/below the current price. The buy stop/sell stop has to be above/below the dochian middle line. What I don't understand is if the buy stop/sell stop also has to be placed on a golden line (which also has to be above/below the middle dochian line) ? What if the closest golden line that respects the 15-20 pip rule is actually 25 pips away from the current price, do you still take it?

2) Also GB, from what I understood, when you scalped you used market orders and not pending orders. My question is when did you enter the market? What was the signal to enter the market? When you got a brick of the opposite color or it crossed the middle dochian line?

Sorry if some of the things I asked were already answered, I just want to be sure I understand everything correct.

Thanks guys, happy pips

- MarketOrders if I come to late then I make Marketorders, but mostly 90% Pendingorders Stop/limit orders

- I trade ever by Renko with TP

- here my Renko orders closed today by DAX30 (GER30) - boxes 20 Pips (200)

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EURUSD long. (US session)