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RENKO Boxes Trade easy

  • #1,001
  • Oct 22, 2016 3:28am Oct 22, 2016 3:28am
Ha Tony,
Could you please share your last live chart inculide all instrument.
Regards
  • #1,002
  • Oct 23, 2016 6:11am Oct 23, 2016 6:11am
Hi GB,Thank you for system,I have read through everything about 3 times and think I now have a grasp of how to trade this system.
One question please if you would be so kind.

Once you set stop loss/tp and trade is triggered,at what point do you decide to close a losing trade with a loss ? We wont wait for stop loss to be hit so when do we decide this is a bad trade and close.say one or two bricks in wrong direction ?
Thank you.
  • #1,003
  • Oct 23, 2016 7:25pm Oct 23, 2016 7:25pm
omg I don't understand this......how does this work and how do you apply it? Can anyone help me with my disconnect?
  • #1,004
  • Oct 24, 2016 12:05pm Oct 24, 2016 12:05pm
My demo to forward test very good for confirming live account.
Attached Image (click to enlarge)
Click to Enlarge Name: DemoRK.png Size: 24 KB
Money Never Sleeps
  • #1,005
  • Oct 24, 2016 12:42pm Oct 24, 2016 12:42pm
Quoting tony-fx
My demo to forward test very good for confirming live account. {image}
  • #1,006
  • Oct 25, 2016 2:46am Oct 25, 2016 2:46am
@nihilist:

it is different for DAX or currencies

it is different I trade short term or long term (DAX)
  • #1,007
  • Oct 25, 2016 3:14am Oct 25, 2016 3:14am
Quoting ghostbiker
@nihilist: it is different for DAX or currencies it is different I trade short term or long term (DAX)
ok,Thank you,what about currencies ? do we just wait for stop to be hit or what point is good to close a looser ?
Thank you.
  • #1,008
  • Oct 25, 2016 3:21am Oct 25, 2016 3:21am
Quoting nihilist23uk
Hi GB,Thank you for system,I have read through everything about 3 times and think I now have a grasp of how to trade this system. One question please if you would be so kind. Once you set stop loss/tp and trade is triggered,at what point do you decide to close a losing trade with a loss ? We wont wait for stop loss to be hit so when do we decide this is a bad trade and close.say one or two bricks in wrong direction ? Thank you.

latest when you get an opposite signal...
  • #1,009
  • Oct 25, 2016 3:34am Oct 25, 2016 3:34am
Quoting cuchuflito
{quote} latest when you get an opposite signal...
That makes sense,Thank you.Big thanks to GB and to you for your time in replying.
  • #1,010
  • Oct 25, 2016 4:59am Oct 25, 2016 4:59am
Dear ghostbiker,

I have been following this thread since the beginning. I was wondering how you adjust RENKO brick size as well as indicator settings to volatility/ price movement. Is there a way to automatize these settings? An idea would be to base these setting on the movements within the past hour or so. What is your view on that?

Thanks a lot! All the best
  • #1,011
  • Oct 25, 2016 5:45am Oct 25, 2016 5:45am
DAX move often fast and 20 Pips Brick size is good

for currencies is 10 Pips brick size good
  • #1,012
  • Oct 25, 2016 8:41am Oct 25, 2016 8:41am
Quoting ghostbiker
DAX move often fast and 20 Pips Brick size is good for currencies is 10 Pips brick size good
Thanks a lot, ghostbiker. Do you still use the indicator settings as suggested on page 1?
  • #1,013
  • Oct 25, 2016 4:55pm Oct 25, 2016 4:55pm
Hey ghostbiker

I examined your system and sorry me, but i don't how to trade in profit on you rules
(sorry for my language )
Attached Image (click to enlarge)
Click to Enlarge Name: 54cf88c02ac9da4caccd8a421eb1015b.png Size: 110 KB
  • #1,014
  • Oct 25, 2016 9:31pm Oct 25, 2016 9:31pm
Easy to profitable.
Confirm by the demo forward test.

Attached Image (click to enlarge)
Click to Enlarge Name: GA.jpg Size: 200 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GA2.jpg Size: 90 KB
Money Never Sleeps
  • #1,015
  • Oct 26, 2016 4:10am Oct 26, 2016 4:10am
@Fawkes7k

read the thread !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I have X x written here, stay out from GBP pairs

and your settings of the evo-slope are "false" with this settings can you
not correct the system trade
  • #1,016
  • Oct 26, 2016 4:50am Oct 26, 2016 4:50am
@tony-fx

Great! As you are doing so well, and your chart looks different can you please explain how you use the system.
Thanks...
  • #1,017
  • Oct 26, 2016 9:35am Oct 26, 2016 9:35am
Quoting vinodveera
@tony-fx Great! As you are doing so well, and your chart looks different can you please explain how you use the system. Thanks...
http://www.forexfactory.com/showthre...27#post9207927
Money Never Sleeps
  • #1,018
  • Oct 26, 2016 9:40am Oct 26, 2016 9:40am
Quoting bulent
Ha Tony, Could you please share your last live chart inculide all instrument. Regards
Download Template
http://www.forexfactory.com/showthre...27#post9207927
Money Never Sleeps
  • #1,019
  • Oct 26, 2016 10:28am Oct 26, 2016 10:28am
@ghostbiker

Thank u for assist me.
After correct my settings, what i am having:
Attached Image (click to enlarge)
Click to Enlarge Name: e8a88e3bf5eb07660814a18f4e14f3f0.png Size: 173 KB
  • #1,020
  • Oct 26, 2016 11:38am Oct 26, 2016 11:38am
Quoting tony-fx
{quote} Download Template http://www.forexfactory.com/showthre...27#post9207927
HA,
Thank you.
Regards.
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