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RENKO Boxes Trade easy

  • #921
  • Oct 16, 2016 12:18pm Oct 16, 2016 12:18pm
If the rules are outlined on page 12, why does GB keep pointing us to page 1, post 1? He doesn't actually explain the rules until 12 pages into the thread.
  • #922
  • Oct 16, 2016 12:43pm Oct 16, 2016 12:43pm
all is in Site 1 Post # 1 read the Post # 1 and the complete thread if you want trade it
  • #923
  • Edited 3:39pm Oct 16, 2016 3:28pm | Edited 3:39pm
Quoting ghostbiker
all is in Site 1 Post # 1 read the Post # 1 and the complete thread if you want trade it
So, to confirm we are waiting for the evo slope to turn green for longs and red for shorts on the close of the renko bar. Then, we set our buy order for long (if green) above the middle donchian line and red (for short) below the middle donchian line. T/P and S/L are 25-50 pips.

Any hard and fast rules in regards to the T/P and S/L?

Also, can the rules be modified for longer-term trades for those of us who have full-time jobs and can't be glued to the charts?
  • #924
  • Oct 17, 2016 2:14am Oct 17, 2016 2:14am
Thanks for your tools, @ghostbiker.
I 'm going to forward test by Demo account.
I have customized to strategy to be my style.
Fusion Strategy : Grid Zone (25 pips) + Martingale + Trend Magic Overview H1 + RSI swing trade + RENKO (Box Size = 25 pips)
TP: 10 pips
SL : N/A
Attached Image (click to enlarge)
Click to Enlarge Name: Demo.jpg Size: 214 KB
Money Never Sleeps
  • #925
  • Oct 17, 2016 2:18am Oct 17, 2016 2:18am
Quoting tony-fx
Thanks for your tools, @ghostbiker. I 'm going to forward test by Demo account. I have customized to strategy to be my style. Fusion Strategy : Grid Zone (25 pips) + Martingale + Trend Magic Overview H1 + RSI swing trade + RENKO (Box Size = 25 pips) TP: 10 pips SL : N/A {image}
Hi Tony,

What is this indicator that showing arrows? can You add it here?

regards
mojepole
  • #926
  • Oct 17, 2016 2:29am Oct 17, 2016 2:29am
Quoting mojepole
{quote} Hi Tony, What is this indicator that showing arrows? can You add it here? regards mojepole
RSI alert by level.
### Simple Tools ###
Attached File(s)
File Type: ex4 RSI Alrert By Tony-FX.ex4   12 KB | 660 downloads
Money Never Sleeps
  • #927
  • Oct 17, 2016 2:35am Oct 17, 2016 2:35am
Sweet Spot for GBPJPY
Main Level = 500 points or 50 pips
Sub level = 250 points or 25 pips
Money Never Sleeps
  • #928
  • Oct 17, 2016 3:04am Oct 17, 2016 3:04am
### Learning by doing and brainstorm, together ###
Money Never Sleeps
  • #929
  • Oct 17, 2016 3:31am Oct 17, 2016 3:31am
Hi all,

My evolution dochian has a top line and bottom line, no middle line at all. Setting it up on 1 hr candle charts mt4.

Does anyone know how to get the middle line?

regards.
  • #930
  • Oct 17, 2016 3:34am Oct 17, 2016 3:34am
Quoting longman72
Hi all, My evolution dochian has a top line and bottom line, no middle line at all. Setting it up on 1 hr candle charts mt4. Does anyone know how to get the middle line? regards.
you shoud have done below first.
for M1 Chart with this evolution_renko_ea you need for EVERY pair a M1 Chart
- Renko Brick Size (boxsize) = 100
- median renko = true -> this is initial setting is false should shoul set his true
- fixed open on last close = false
- alert after reconnect = false
- Renko Chart Time Frame = 2
- filter wrong Wicks = true
- max M1 bars = 3500
  • #931
  • Oct 17, 2016 3:49am Oct 17, 2016 3:49am
The middle line has now appeared so not to worry.
  • #932
  • Oct 17, 2016 6:47am Oct 17, 2016 6:47am
Quoting ghostbiker
- FX Agency Advisor repaint, higher TF repaint lower, trade H1 or H4 - evo slope don't repaint (page # 1 Post # 1 can download the evo-slope)
FX Agency really repaints like mad. Its not the behavior we expect from precise buy/sell signals indi. Moreover, while backtesting it ive noticed that FXAgency "get ready" line follows Donchian lines exactly and its entry lines are placed inside Donchian (probably following some Fibonacci rules, judging from its settings). With this in mind, I guess FXAgency could be easily replaced with Donchian and some confirmation indi like HullMaColor, and adding some global trend filter we might get even more flexible settings and clear logic than FXAgency.


Attached Image (click to enlarge)
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For want of a nail the kingdom was lost.
  • #933
  • Oct 17, 2016 6:55am Oct 17, 2016 6:55am
my closed orders today with Renko boxes

Attached Image (click to enlarge)
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  • #934
  • Oct 17, 2016 7:07am Oct 17, 2016 7:07am
Hi !

Subscribed, many thanks to you ghostbiker

I will follow this thread and start posting trades next week!

BTW, how do you use ZeroLag Stoch indicator, I didn't find any post from you regarding this indi ?

Thanks !
  • #935
  • Oct 17, 2016 7:14am Oct 17, 2016 7:14am
nice
  • #936
  • Oct 17, 2016 7:30am Oct 17, 2016 7:30am
Quoting ghostbiker
my closed orders today with Renko boxes {image}
Manual trading, It's surely more than EA.
Money Never Sleeps
  • #937
  • Oct 17, 2016 7:54am Oct 17, 2016 7:54am
bailed early because at support but positive, I think I figured this out now.

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  • #938
  • Oct 17, 2016 7:55am Oct 17, 2016 7:55am
GBPJPY pattern is easy to trading.
Attached Image (click to enlarge)
Click to Enlarge Name: Demo.jpg Size: 270 KB
Money Never Sleeps
  • #939
  • Oct 17, 2016 9:00am Oct 17, 2016 9:00am
Quoting ghostbiker
my closed orders today with Renko boxes {image}
@ghostbiker. Thanks for all your help as always.
If you get time could you give your reasons for the 2x DAX trades on the pic please? It would be a big help if you could.
  • #940
  • Edited 9:22am Oct 17, 2016 9:06am | Edited 9:22am
Hi ghostbiker
in first i apologies for my poor speaking english
i have a problem with a quantity renko box.
first i opening 1 min chart and run forcehistory data ea and waiting around 20 or 30 min.
next i run evolution renko and set it.
run file and open m2 chart offline and work renko but i can't history data or more than 100 renko box
my main problem with quantity of renko-box history .
in normal chart i have a too candle stick but in renko-box i have a few box
in 1 min chart i have a 2387bar's and n m2 chart i have a 92 bar's
tnx
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