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RENKO Boxes Trade easy

  • #961
  • Oct 18, 2016 8:05am Oct 18, 2016 8:05am
Quoting ghostbiker
- yes you can trade with 5er boxes / bricks (but is to little if the price move tomorrow more and fast) - Monday every slow move - yes you can make a chart black with the Ghostbiker_v12 on M15 or H1
I see, thanks. Would you advice to use some additional filters for 5pip bricks, or should I leave your original preset as it is?
Also I would like to ask you about RenkoStreet Chanel indicator: do you use it to identify breakouts or reversals? I ask because Street Chanel behaves exactly like Donchian24, with only difference that it draws it`s history lines 12 bars shifted back (only visual difference, doesn`t influence signals). Donchian is originally used for breakout trading, while Street Chanel is used for reversals in RenkoStreet V2 system. I see you have added it to your renko chart, so Im curious to know your concept.
And could you kindly explain why you prefer trading DAX over currencies? Is it trending better than currencies?
And finally, it would be great if you could recomend any learning resources or study guides for a noob trader, maybe some good books or smth like that.
Thanks in advance for your time and kind attention.
For want of a nail the kingdom was lost.
  • #962
  • Edited 8:43am Oct 18, 2016 8:17am | Edited 8:43am
DAX more move, DAX make more pips, DAX trending often 50 or 100 Pips and more

I trade currencies too every day

the FX Agency Advisor 3 make the same way us the Renko channel (high / lows)
  • #963
  • Oct 18, 2016 8:50am Oct 18, 2016 8:50am
Great thread, Ghostbiker. Thanks for all of your handouts. Looking forward to implementing them. Your patience with some of your readers is commendable.
  • #964
  • Oct 18, 2016 9:21am Oct 18, 2016 9:21am
Forward test by Demo, It's crazy.
Renko non-stop profitable.
I have to trade by real account.
Attached Image (click to enlarge)
Click to Enlarge Name: FW_test.png Size: 50 KB
Money Never Sleeps
  • #965
  • Oct 18, 2016 9:30am Oct 18, 2016 9:30am
tony-fx,

did you trade this manually or with ea?
Thanks for information.

renkotop
  • #966
  • Oct 18, 2016 9:58am Oct 18, 2016 9:58am
Quoting tony-fx
Forward test by Demo, It's crazy. Renko non-stop profitable. I have to trade by real account. {image}
Can we have the EA to test also?
  • #967
  • Oct 18, 2016 10:09am Oct 18, 2016 10:09am
Quoting Lanzo
{quote} Can we have the EA to test also?
Manual Trading.
Money Never Sleeps
  • #968
  • Oct 18, 2016 10:22am Oct 18, 2016 10:22am
I'm ready trading by real account.
Forward test by Demo, It's work.
Non-stop profitable !!!!
Attached Image (click to enlarge)
Click to Enlarge Name: FW_test2.png Size: 67 KB
Money Never Sleeps
  • #969
  • Edited 1:12pm Oct 18, 2016 12:16pm | Edited 1:12pm
Quoting ghostbiker
DAX more move, DAX make more pips, DAX trending often 50 or 100 Pips and more I trade currencies too every day the FX Agency Advisor 3 make the same way us the Renko channel (high / lows)
I get it, thanks!
Whille reading the thread I have noticed that many readers ask you to provide some visual examples of your trades or even create a video or smth like that. We realize that you are very busy and still you find some free time to teach the noobs like me, and we greatly appreciate your kind efforts and wont stop to thank you for your valuable lessons. Still it would be a great help in learning any system if we could see some live examples on a chart.
There are many indicators or scripts which draw orders on a chart.
I`m not even dare to ask you for more help than you give us, but it would be a great help for readers if you would kindly consider using an indi of that kind to give us some visual examples and eliminate many unnecessary questions, in this Renko thread and in "100 pips Daily"
If you would decide to use that kind of indi, I`d like to offer the one I use to analyse my trades (im not advertising it, just share my experience). Its called IceFX DrawProfit. It is available to download for free from MQL Market within MT4 platform or from the site by this link. Im not sure if I`m allowed to distribute it as it is probably copyrighted, still I`ve attached the .ex4 file, downloaded from MQL Market.
Attached Image
Attached File(s)
File Type: ex4 IceFX DrawProfit.ex4   19 KB | 584 downloads
For want of a nail the kingdom was lost.
  • #970
  • Oct 18, 2016 1:51pm Oct 18, 2016 1:51pm
Quoting tony-fx
I'm ready trading by real account. Forward test by Demo, It's work. Non-stop profitable !!!! {image}
Hi @tony-fx. Your mine indicator is RSI alert? All currency = box 25 pips? Thank you in advance!
  • #971
  • Oct 18, 2016 2:20pm Oct 18, 2016 2:20pm
[quote=ghostbike- I will make a new thread "100Pips daily easy target" from next week[/quote]


I'm looking foward to this. Has this thread started yet? thanks
  • #972
  • Oct 18, 2016 2:25pm Oct 18, 2016 2:25pm
yes startet under "Journals"
  • #973
  • Oct 18, 2016 2:49pm Oct 18, 2016 2:49pm
Quoting ghostbiker
DAX more move, DAX make more pips, DAX trending often 50 or 100 Pips and more I trade currencies too every day the FX Agency Advisor 3 make the same way us the Renko channel (high / lows)
Dax and gold , gold even easier With pending orders. I got rid advisor3 rubbish repaint .hilo, street channel , fractal resistance good for levels.
  • #974
  • Oct 19, 2016 1:01am Oct 19, 2016 1:01am
Quoting Uglyduckling
{quote} I get it, thanks! Whille reading the thread I have noticed that many readers ask you to provide some visual examples of your trades or even create a video or smth like that. We realize that you are very busy and still you find some free time to teach the noobs like me, and we greatly appreciate your kind efforts and wont stop to thank you for your valuable lessons. Still it would be a great help in learning any system if we could see some live examples on a chart. There are many indicators or scripts which draw orders on a chart. I`m not...
Thanks, Sir.
I'm looking for this indicator.
Help to tracking my performance.
Attached Image (click to enlarge)
Click to Enlarge Name: DrawProfit.jpg Size: 119 KB
Money Never Sleeps
  • #975
  • Oct 19, 2016 1:17am Oct 19, 2016 1:17am
Quoting renkotop
tony-fx, did you trade this manually or with ea? Thanks for information. renkotop
Manually Trading like GB.
Don't trust EA, if you doesn't develop it with yourself.
It's sure to trading by manually.
Money Never Sleeps
  • #976
  • Oct 19, 2016 1:39am Oct 19, 2016 1:39am
Profit factor > 2.00
Renko system into "Holy Grill Mode".
Attached Image (click to enlarge)
Click to Enlarge Name: DemoFWTest.jpg Size: 171 KB
Money Never Sleeps
  • #977
  • Oct 19, 2016 2:09am Oct 19, 2016 2:09am
Quoting tony-fx
Profit factor > 2.00 Renko system into "Holy Grill Mode". {image}

whats the your TP & SL are u using ? can u show us entry and exits on renko chart?
  • #978
  • Oct 19, 2016 2:36am Oct 19, 2016 2:36am
Quoting jenunisha786
{quote} whats the your TP & SL are u using ? can u show us entry and exits on renko chart?
-No SL
-Recovery by Martingale.
## High-Risk High-Return, Be careful ##
## Apply to be your style ##
Money Never Sleeps
  • #979
  • Oct 19, 2016 2:47am Oct 19, 2016 2:47am
EURNZD crazy profitable.
Attached Image (click to enlarge)
Click to Enlarge Name: EN.jpg Size: 115 KB
Money Never Sleeps
  • #980
  • Oct 19, 2016 6:38am Oct 19, 2016 6:38am
just a curiosity, you use a sound alarm or you are all the time looking at the monitor?
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