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RENKO Boxes Trade easy

  • #981
  • Oct 19, 2016 10:37am Oct 19, 2016 10:37am
Quoting tony-fx
{quote} Thanks, Sir. I'm looking for this indicator. Help to tracking my performance. {image}
Always welcome! Im glad it came in handy.I see you have tweaked the original preset. Could you kindly explain your modifications? Also would be nice if you would kindly share your money management tactics (stoploss/takeprofit levels) and your method of searching for pairs to trade. Do you watch for news events, or maybe use some currency strength indicators or smth like that?Any advises are welcome.
For want of a nail the kingdom was lost.
  • #982
  • Oct 19, 2016 5:26pm Oct 19, 2016 5:26pm
dax was relatively slow last night. We are approaching major resistance levels and waiting patiently for the short setup.
  • #983
  • Edited 10:35pm Oct 19, 2016 10:16pm | Edited 10:35pm
Quoting Uglyduckling
{quote} Always welcome! Im glad it came in handy.I see you have tweaked the original preset. Could you kindly explain your modifications? Also would be nice if you would kindly share your money management tactics (stoploss/takeprofit levels) and your method of searching for pairs to trade. Do you watch for news events, or maybe use some currency strength indicators or smth like that?Any advises are welcome.
I have many ideas to design my strategy from GB's tools.
I have customized to strategy to be my style.
e.g. : Grid Zone (25 pips) + Martingale (I got idea from EA's MT7 for recovery) + Trend Magic Overview H1 + RSI swing trade + RENKO (Box Size = 25 pips) + Envelopes indicator
http://www.forexfactory.com/showthre...88#post9201488

RSI
http://www.forexfactory.com/showthre...12#post9201512

It has the flexibility to the individual from my experience .
## Learning by doing ##
You should learn it and try to apply with yourself from Ideas of others for development to be your style.
I can't tell you for everything because I'm improving my strategy all time.
Each currency pairs have behavior to different.

Average daily volatility in pips.
## High-Risk High-Return ##
I'll trade currency pairs to high volatility for profitable quickly.
Attached Image

http://www.forex-tribe.com/Learn-About-Volatility.php


Try to learn with my template.
Attached File(s)
File Type: rar Tony-IndyTemplate.rar   15 KB | 1,145 downloads
Money Never Sleeps
  • #984
  • Oct 20, 2016 3:23am Oct 20, 2016 3:23am
Quoting tony-fx
{quote} I have many ideas to design my strategy from GB's tools. I have customized to strategy to be my style. e.g. : Grid Zone (25 pips) + Martingale (I got idea from EA's MT7 for recovery) + Trend Magic Overview H1 + RSI swing trade + RENKO (Box Size = 25 pips) + Envelopes indicator http://www.forexfactory.com/showthre...88#post9201488 RSI http://www.forexfactory.com/showthre...12#post9201512 {file}
Thanks pal! So you dont use SL at all, right? And in real accounts too? How do you exit loosy trades? Depending on market conditions?
For want of a nail the kingdom was lost.
  • #985
  • Edited 4:56am Oct 20, 2016 4:46am | Edited 4:56am
Quoting Uglyduckling
{quote} Thanks pal! So you dont use SL at all, right? And in real accounts too? How do you exit loosy trades? Depending on market conditions?
- So you dont use SL at all, right?
Yes, No SL

- And in real accounts too?
Run both Real and Demo.
Real Account by the mini lot.
Attached Image (click to enlarge)
Click to Enlarge Name: Tony-Tracking.jpg Size: 87 KB

Demo Account by the big lot.
Attached Image (click to enlarge)
Click to Enlarge Name: Tony-Tracking-Demo.jpg Size: 95 KB


- How do you exit loosy trades?
Martingale recovery by logic's MT7 EA.

- Depending on market conditions?
Renko independent from time frame but depending on box size to breakout.
e.g. If you setting box size = 25 pips when price moves up or down to breakout from box size every 25 pips, it'll open next bar.
Box size in Renko = Support&Resistance.
Renko helps you filter sideway.
We're playing it with price action.
You can design many ideas for trading to follow GB's concept >> "RENKO Boxes Trade easy".
Money Never Sleeps
  • #986
  • Oct 20, 2016 6:12am Oct 20, 2016 6:12am
Quoting tony-fx
{quote}Yes, No SL. Run both Real and Demo. Real Account by the mini lot.
Thanks a lot, I`ll testdrive your preset.
For want of a nail the kingdom was lost.
  • #987
  • Oct 20, 2016 2:12pm Oct 20, 2016 2:12pm
Good Day To All and Happy Trade...

Big thanks to GB for share the good and best easy trade styles. I already read all 50 Pages in just few hours because i found this trade styles is simple and easy. Thanks again on your effort in share the knowledge.
  • #988
  • Oct 20, 2016 2:36pm Oct 20, 2016 2:36pm
@tony-fx, thank you for sharing your .tpl. Can you look at my chart. GJ - box 250, no signal from RSI alert. Thank you in advance.

Can you share Close at profit EA?
Attached Image (click to enlarge)
Click to Enlarge Name: Zrzut ekranu 2016-10-20 o 21.30.48.png Size: 67 KB
  • #989
  • Edited 9:25pm Oct 20, 2016 9:10pm | Edited 9:25pm
Quoting Strom
@tony-fx, thank you for sharing your .tpl. Can you look at my chart. GJ - box 250, no signal from RSI alert. Thank you in advance. Can you share Close at profit EA? {image}
Data history not enough.

http://www.forexfactory.com/search.p...rchid=23321557
Money Never Sleeps
  • #990
  • Oct 21, 2016 6:58am Oct 21, 2016 6:58am
Hi Ghost Biker,
I have read your complete thread and all of your posts. I have successfully loaded all charts and indicators as per your instructions.
What I understood that we should place buy order if slope is green and price is above donchian middle line and vice versa.

But I am still confused, when to start trade, where to set pending orders and what should be SL & TP. Can you please explain. Thanks
.................
  • #991
  • Oct 21, 2016 8:12am Oct 21, 2016 8:12am
I need help. The "forceloadhistoricaldata" script cant load historical data for 2m(only load 5 bars in EU and its was months ago) pls help me.
Tried using Period Converter to convert 1m bars to 2m succesfully but the EA respond with "evolution_renko_ea_v1_31 EURUSDfw,M1: Alert: evolution_renko_ea_v1_31 | ERROR | RLC_FILE_NAME EURUSDfw2.hst | cannot open file"

Please help me.
  • #992
  • Edited 9:33am Oct 21, 2016 8:59am | Edited 9:33am
- make a "normal" M1 chart and load the "forceloadhistorical" and wait 1 hour (note you can't see the indicator)

- then make all your M1 charts if you want for Renko (all pairs you want)

- load the evo-renko-ea into all M1 charts and wait one day (trading day)

- than you can make "M2 offline" charts for all pairs you have M1 charts
and load the Indicators with the template into the M2 offline charts

read Post # 1
  • #993
  • Edited 10:07am Oct 21, 2016 9:56am | Edited 10:07am
You can force to load data history by the manual.
Attached Image

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Click to Enlarge Name: 5.png Size: 56 KB


**** Don't load big data history many pairs in your MT4 because your CPU is overloaded and your computer not responding, hang and freeze. (Solution: Clear big data history in MT4) >> I used to destroy my notebook this case and then I bought secondhand instead, Ha Ha I'm crazy.
Money Never Sleeps
  • #994
  • Oct 21, 2016 10:03am Oct 21, 2016 10:03am
5 trades , 4 profitable ,with first page instructions...

VIELEN DANK GEISTERBIKER..
  • #995
  • Oct 21, 2016 10:25am Oct 21, 2016 10:25am
don't load so much history, your MT4 will not mor right in function

it is enough if the M1 charts with evo-renko-ea load enough history
wait for 1 trading day. Load not more than 10000 M1 with the evo-renko-ea

or load with the "force load historical" skript = I prefer

WARNING: load not 999999999 M1 your MT4 will frozen, it is grazy, you will not trade backwards
  • #996
  • Oct 21, 2016 10:57am Oct 21, 2016 10:57am
Here is what I got when I try to load the script into M1 EurUsd
Script ForceLoadHistoricalData EURUSDfw,M1: removed
ForceLoadHistoricalData EURUSDfw,M1: uninit reason 0
ForceLoadHistoricalData EURUSDfw,M1: ForceLoadHistoricalData: failed: none
Tried with MT4 from metatrader site and from my broker. both same result, the script Stop as soon as it load.
  • #997
  • Oct 21, 2016 11:32am Oct 21, 2016 11:32am
it is enough if the M1 charts with evo-renko-ea load enough history
wait for 1 trading day. Load not more than 10000 M1 with the evo-renko-ea

Make this on sunday and wait up to tuesday morning
for all pairs if you will trade

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Renko_M1.JPG Size: 122 KB
  • #998
  • Oct 21, 2016 12:38pm Oct 21, 2016 12:38pm
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}
Can you please explain about Grid Zone (25 pips) + Martingale + Trend Magic Overview H1?
Also if you can attach here,

much appreciated. Thanks
.................
  • #999
  • Oct 21, 2016 12:43pm Oct 21, 2016 12:43pm
@Ghostbiker

what is the use of these 2 indicators?
1-AllAbsoluteStrength
2-VSAc BAR DOTS

Can you please explain? Thanks
.................
  • #1,000
  • Oct 21, 2016 12:53pm Oct 21, 2016 12:53pm
1-AllAbsoluteStrength blue or orange dot for confirmation of the direction = the strength of the both currencies


2-VSAc BAR DOTS can you delete (I've delete too)
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