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Predict breakouts & trend reversals using macd/bb%

  • #21
  • Feb 6, 2017 2:43am Feb 6, 2017 2:43am
Quoting vdubus
{quote} Nice. I also use an identical strategy for renko & here you will find the holy Grail to my strategy - Divergence predicts the next trend reversal ! usdjpy-admiral-markets.png;2173928 {image}
Very impressive, would be great to share this strategy.
Let it turn and find your entry.
  • #22
  • Feb 6, 2017 2:57am Feb 6, 2017 2:57am
Quoting Intrepidpips
{quote} Very impressive, would be great to share this strategy.
I did have this strategy for sale until my website was repeatedly hacked to obtain it.
All you really need is this my own modded version & apply it to a renko chart

Attached File(s)
File Type: ex4 Vdub_Stoch_Snipper_X.ex4   62 KB | 2,824 downloads
  • #23
  • Feb 6, 2017 3:47am Feb 6, 2017 3:47am
Quoting vdubus
{quote} I did have this strategy for sale until my website was repeatedly hacked to obtain it. All you really need is this my own modded version & apply it to a renko chart Vdub_Stoch_Snipper_X.ex4;2173988 {file}
Thanks. Will try to trade with divergence
Risk comes from not knowing what you're doing.
  • #24
  • Feb 6, 2017 4:31am Feb 6, 2017 4:31am
Like to add, you can also use this set up to keep you in a trade following a break out

Attached Image (click to enlarge)
Click to Enlarge Name: audusd-admiral-markets.png Size: 92 KB
  • #25
  • Feb 6, 2017 1:58pm Feb 6, 2017 1:58pm
Quoting vdubus
{quote} I did have this strategy for sale until my website was repeatedly hacked to obtain it. All you really need is this my own modded version & apply it to a renko chart Vdub_Stoch_Snipper_X.ex4;2173988 {file}
Sorry about the hacking, do your best to make your site more secure.

I seem to want to prefer the BB MACD to the Stoch Sniper and also I think continuation divergence is a great strategy as well.

Keep up the good work mate.
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 47.png Size: 47 KB
Let it turn and find your entry.
  • #26
  • Feb 6, 2017 5:29pm Feb 6, 2017 5:29pm
Quoting vdubus
Like to add, you can also use this set up to keep you in a trade following a break out audusd-admiral-markets.png;2174156 {image}
Thanks for your thread my friend. May I ask where to download the vdub ema snipper that your showing in this post? And what other indicators you're using for this setup?
  • #27
  • Feb 6, 2017 5:34pm Feb 6, 2017 5:34pm
Also, may I ask what brick size renko bars do you use?
  • #28
  • Feb 6, 2017 6:08pm Feb 6, 2017 6:08pm
Quoting vdubus
Like to add, you can also use this set up to keep you in a trade following a break out audusd-admiral-markets.png;2174156 {image}
Nice chart! What are the yellow signal arrows? and what are they based on if you don't mind me asking!

Thanks in advance
  • #29
  • Feb 7, 2017 5:02am Feb 7, 2017 5:02am
Quoting samsadeck
Also, may I ask what brick size renko bars do you use?
It the same one I posted up top & brick size I Use Mean Renko settings between 25 & 100, I think 100 = 10pips
  • #30
  • Feb 7, 2017 5:04am Feb 7, 2017 5:04am
Quoting tillionaire
{quote} Nice chart! What are the yellow signal arrows? and what are they based on if you don't mind me asking! Thanks in advance
Super trend
  • #31
  • Feb 7, 2017 5:07am Feb 7, 2017 5:07am
Quoting Intrepidpips
{quote} Sorry about the hacking, do your best to make your site more secure. I seem to want to prefer the BB MACD to the Stoch Sniper and also I think continuation divergence is a great strategy as well. Keep up the good work mate. {image}
Looks good to identify divergence but doesn't look smooth enough to draw in the break out trend line. Maybe your just using tighter variables as compared to mine ? But if it works ...it cant be wrong
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 47.png Size: 54 KB
  • #32
  • Edited 5:36am Feb 7, 2017 5:16am | Edited 5:36am
Divergence isn't always possible to identify but the rules are still the same
UJ trend break
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-admiral-markets.png Size: 78 KB


But I always refure back to a price chart for added conformation
Attached Image (click to enlarge)
Click to Enlarge Name: download (1).png Size: 115 KB

As you can see the Renko is the leading indicator
  • #33
  • Feb 7, 2017 6:07am Feb 7, 2017 6:07am
Quoting vdubus
{quote} Looks good to identify divergence but doesn't look smooth enough to draw in the break out trend line. Maybe your just using tighter variables as compared to mine ? But if it works ...it cant be wrong RLITS 47.png;2176168 {image}
Nope just default settings, I must say you are expert at drawing them trend lines.
Let it turn and find your entry.
  • #34
  • Feb 7, 2017 7:02am Feb 7, 2017 7:02am
Quoting Intrepidpips
{quote} Nope just default settings, I must say you are expert at drawing them trend lines.
Jumped down to 50 and you can now clearly see the divergence
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-admiral-markets (1).png Size: 74 KB
  • #35
  • Feb 7, 2017 7:32am Feb 7, 2017 7:32am
interesting
Attached Image (click to enlarge)
Click to Enlarge Name: bol1.png Size: 88 KB

Attached File(s)
File Type: mq4 Vdub_BB_.mq4   6 KB | 1,618 downloads
The Average Discount Everything
  • #36
  • Feb 7, 2017 8:16am Feb 7, 2017 8:16am
Quoting hesron
interesting bol1.png;2176403 Vdub_BB_.mq4;2176406 {image} {file}
I think your missing the something, the objective of the strategy is to Identify the breakout / reversal following divergence not the divergence it's self by drawing a simple trend line
Attached Image (click to enlarge)
Click to Enlarge Name: bol1.png Size: 64 KB
  • #37
  • Feb 7, 2017 8:27am Feb 7, 2017 8:27am
the only divergence you need to identify is that relative to the bollinger band
Outside - Inside = Reversal
Attached Image (click to enlarge)
Click to Enlarge Name: download (12).png Size: 104 KB
  • #38
  • Feb 7, 2017 5:04pm Feb 7, 2017 5:04pm
Quoting vdubus
the only divergence you need to identify is that relative to the bollinger band Outside - Inside = Reversal download (12).png;2176522 {image}
I see perfectly what you mean.

It seems the BB% indie, removes the need for the BB on the main chart (not 100% though)
Attached Image (click to enlarge)
Click to Enlarge Name: RLITS 55.png Size: 67 KB
Let it turn and find your entry.
  • #39
  • Feb 7, 2017 5:17pm Feb 7, 2017 5:17pm
Quoting Intrepidpips
{quote} I see perfectly what you mean. It seems the BB% indie, removes the need for the BB on the main chart (not 100% though) {image}
Once you train your eye and know what to look for yes simply switch out the Bollinger bands & keep your charts clean. You can have to much info on the chart. I find less is more, BB% on the Renko is to messy & will paint to many fake signals keep it smooth
  • #40
  • Feb 7, 2017 6:04pm Feb 7, 2017 6:04pm
Quoting vdubus
{quote} Once you train your eye and know what to look for yes simply switch out the Bollinger bands & keep your charts clean. You can have to much info on the chart. I find less is more, BB% on the Renko is to messy & will paint to many fake signals keep it smooth
Hello Vdubus,

Thanks for educating us with the strategy.
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