Renko line in the sand

Then I waited and waited for another opportunity but had lost patience enough to objectively execute when the final signal came.

I have observed that the OSMA sacrifices 2 precious pips before agreement most times so I had to search for a remedy to that something very tight and accurate.
So I found right in my terminal from my pile of indicators (I'm constantly truing new ones out to see how they would improve my set-ups) I found a type of HA bar very interesting and it looks like it saves 1 pip most times from the OSMA.

My 2nd terminal, the one on which I pull the trigger froze so I missed the FO Signal, I hit the second signal hard but would have gotten into what some folks call "stop hunting to release liquidity" cos I would have been stopped out had I not moved to BE early, -not done so in a long while.

The trade that I sunbed in retrospect I should have taken because the HTF MACD cross had not appeared though the HTF was showing signs of reversal.

I got tired of the slow EURUSD pace, so I switched to GBPUSD and it seems the big dogs are just throwing cash around randomly, the first opportunity failed to break the previous high, that would have been a break even trade, just like the one I took snubbed my target, the previous low, guess I might take a nap and go for a walk before the USD Unemployment news.
Aww it just hit my target now.

It's better to be safe than sorry. Stop-outs like that are pretty hard to swallow but at least you followed your plan

Lesson learned : Just keep taking your entries until the so called Red news release.
I stayed way because of thinking it was going to range prior to the release.

Thanks for your work. Please keep us updated on your work and findings, i would love to help you

Thanks for dropping by

Yesterday was a barely BE day, so I wondered what I still lacked (apart from jumping into a trade and having to buy at the top or sell at the bottom cause I did not join the move from the start).

So I decided to try the 60/15 combo and wow oh wow, it was sweet, I liked that I could see the Double/Triple Tops and bottoms clearer on the 60 chart and the 15 chart entries smooths out some fakeys of the 10 chart and with that I closed my charts to trade another day.
Today I was amazed at the GBP fall and was thinking I should leave trading alone for today but I just had to see how the 60/15 would be like on such a would be chaotic day.
The moves were swifter than usual and subjectivity beckoned but I did my best to control my impulses and broke my target (20 pips) into 5 and stayed out thereafter, I guess my days of catching tops and bottoms are over, how a trend follower could get busted by that GBP drop is beyond me.

Trying to restrict my criteria further, I decided that the trend definition should be 48EMA crossing 200LWMA and I employed the MA Cross Histo to show that, I kept that to the LTF only and used that to take my trades, howbeit not too maximally.
It was much later after that I saw that it was even more relevant to the HTF and made looking for the Hidden Divergence more strategic, just wait for the HD on the HTF and scale down to the LTF and catch an entry (you will always find an equivalent HD on the LTF)

The 60/15 enables you to have "the best of 2 worlds", you can spot a Double Top Div on the 60 and scale down to the 15 to wait for the 48/200 MAs cross.
In the 60 you would be counter trending but in the 15 your down trend would just be forming and you can catch a continuation of it with a HD or a bounce off the 200LWMA or 48EMA.

For my first entry, I saw the shorting set-up from the HTF and waited for it to "ripen" in the LTF but I was such a mixed bag of emotions that after being stopped out, I got so upset when the market went in my direction , there was plenty opportunity to go long with the HD on the 60 chart and even to go Short again.

So it's just to divorce the emotions and spot the patterns and enter objectively.

On such a volatile day I guess it's easy to second guess every signal and become picky and loose out, I did not really consider the 60 chart most of the time and my second trade was at a point where I had to drag myself and say just pull the d__n trigger.
I guess my second terminals feed was delayed cos I see now that I sold at the bottom and was in -10 DD only to be stopped out I jumprd in again saying all the signals I ignored turned out well so let's do this so I went in and out.

Some more opportunities passed but the uncertainty weighed too much on my mind and I still had my daily tally to fill, if I was so grounded in this method I'd have made a killing as Renko merely captures Price levels and reveals patterns that you can trade.
I finally did capture my target and enough to cover the Broker's commission but there was just too much left on the table.
In the process of reviewing the charts, 2 set-ups jumped out at me and I will scrutinize it to remove all subjectivity so that the arsenal can broaden. (Keep you posted)

I think I didn't have enough fight in me this morning so I just missed the smooth runs earlier.
Latter I decided to twist the rules of entry a bit so I don't have to wait too long to pull the trigger.
I added an Ichimoku histogram to the secondary chart, (15) so that once the pry chart is ripe I may not have to wait for the 48/200 cross.

My 4th trade would have recovered my -17.4 deficit and put me ahead but I panicked and bailed before my TP.
I am barely BE now as I have taken 4 trades and the commission costs are not yet covered.

2 more trades (less than the signals presented) and am nothing bettered.

LESSON FOR ALL TIME

The risk you refuse to take on today, you will have to face it latter in that perfect looking set-up"

I just have to consistently engage the market in this battle.

It's been a long while haha!

Tweaked the system so that I would have only one Oscillator.
I have stuck to the Trix for long and am recently trying out the BB% (the BB% needs a lot of study it's really intriguing).
I have not been 100% available to trade consistently but will find a a way to balance my activities and give trading top spot.

I let go of the 200MA here's why.
I used to trade shorts with 48MA below 200MA so if 200MA is Bearish, then 48MA would definitely be bearish and vice versa.

I let go of the 48MA as well and replaced it with 32LWMA Typical shift 2.
My reasoning? The prime MA on any time frame IMHO is the 2MA.

There are several discoveries that I have made along the way which I will let on along the way God willing.
The basics are Trend reversals and continuation on the Higher TF and find an entry in the lower TF

For now my focus is EURUSD Renko 4 and Renko 1

The first opportunity was well taken, exited at FO but did not engage after some lesser set-ups did well which messed up my concentration and led to my staying in the sidelines.
Then I had to leave the house.

Got back home so sorry for all the pips I missed and happy for the bullets I didn't take. Saw a trade brewing squeezed the trigger and went to have dinner, came back to see the market in O/B and killed the trade.

2 opportunities this morning actually 3 (I didn't wake up early enough)
Didn't have total concentration so I missed the first one, and did not hold on long enough for the second one.

Thanks for thread. Can you please share swingman ultrasuper trix indicator?

It is included in the Rar file in post#1