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More simple is impossible

  • #8,361
  • Feb 20, 2017 11:51am Feb 20, 2017 11:51am
Quoting newtrojan
Great system. I try loading the EA on the first page to my charts but its not working. I have scrolled through first 15 pages but couldnt find another version of RenkoLivcechart It would be great if someone could share it. Thanks in advance
All indicators or EAs are in the paperclip (attachments) section at the top of the page.
Cut your Losers short and let your Winners run.
  • #8,362
  • Feb 20, 2017 12:05pm Feb 20, 2017 12:05pm
Quoting slugar
Thanks for sharing dee 1st time on this forum and I've already learned a ton
You are welcome, hope the knowledge converts into dollars in equal measures.
Cut your Losers short and let your Winners run.
  • #8,363
  • Feb 20, 2017 3:03pm Feb 20, 2017 3:03pm
DAX +0

After-work trading, 5 and half hour in position. For the next time I am not going to enter during USA Bank Holidays.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M3.png Size: 55 KB
  • #8,364
  • Feb 21, 2017 3:16am Feb 21, 2017 3:16am
DAX.......+42..here it is on the M5.....got lucky closing this manually.....charts froze when i hit the close at about +32.......the slippage went my way as it should 50% of the time...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 30 KB
  • #8,365
  • Feb 21, 2017 3:44am Feb 21, 2017 3:44am
GER30+3+25+38+10. I was greedy on the first 1, I tried for an over shoot on the GAP fill but it went to the pip and I was too slow to get out so gave most of the move back. The pullback to the BRN and a confluence with the 38% + Divergence confirmed the next entry and the last entry was a simple add on, I jumped the gun a bit but the momentum was clearly there and price was heading for the S&R zone above. Price touched my TPs but I closed because of the divergence more or less at the BRN. Yesterday was not worth reporting on.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+3+25+38+10 210217.png Size: 45 KB
Cut your Losers short and let your Winners run.
  • #8,366
  • Feb 21, 2017 4:02am Feb 21, 2017 4:02am
Quoting PhilippineFX
DAX.......+42..here it is on the M5.....got lucky closing this manually.....charts froze when i hit the close at about +32.......the slippage went my way as it should 50% of the time...{image}
Ditto. Just goes to show that us old fellas still have pretty good reactions. Wyatt Earp was like a tortoise compared to us.
Cut your Losers short and let your Winners run.
  • #8,367
  • Feb 21, 2017 4:06am Feb 21, 2017 4:06am
Quoting dee50
{quote} Ditto. Just goes to show that us old fellas still have pretty good reactions. Wyatt Earp was like a tortoise compared to us.
HAHA....yup.....you need longevity to be around long enough to get lucky...
  • #8,368
  • Feb 21, 2017 10:37am Feb 21, 2017 10:37am
DAX +4 +7 +5 +3

After-work trading, if everyday it would be so easy.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M3.png Size: 43 KB
  • #8,369
  • Feb 22, 2017 3:45pm Feb 22, 2017 3:45pm
DAX +9 +2 +6 +4

Another after-work trading. Still the same mistakes again and again, I can not describe what I am thinking about when I enters on the end of cycles...
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M3.png Size: 68 KB
  • #8,370
  • Feb 26, 2017 3:59am Feb 26, 2017 3:59am
Hello,

I'm amazed by the information that are in this thread.
Thank you so much to all the seniors here.

I wanna try the methods that are shown in this thread but it seems IB does not keep historical tick to build renko charts.
I'm currently using IB as broker and data provider with ninjatrader as charting software.

Any suggestion of what to do? I would really hate to switch broker, to be honest.
What I was wondering is...if I use KINETIC from ninjatrader as data provider and IB as broker...would there be differences in the REAL TIME quotes?
Or are there any better options available for me?

Thank you to Jaquamate and DEE50, and others...I have learned so much from this thread.
May the universe returns what you shared in tenfolds.

PJ
  • #8,371
  • Feb 26, 2017 11:14pm Feb 26, 2017 11:14pm
Hi guys, please where can i find the indicator for renko, and MACDrvn ? :-) thanks
  • #8,372
  • Feb 27, 2017 12:53am Feb 27, 2017 12:53am
see the paperclip on the upper right hand corner...go there and you can see everything that you need to have the same template as Dee's.

There are even several pdf files that were posted by a member here that contained all the important charts that explained how this system works.
  • #8,373
  • Feb 27, 2017 3:48am Feb 27, 2017 3:48am
DAX +9 +11 +10

I had to seriously fix my entry style, there wasn't any logic in my entries most of time. It's really difficult to hold on when you can see entry everywhere, even if micro scalps, but that's exactly what dragged me everytime to DD or I had to jump out with loss. Waiting for real pullback seems to be too easy to be taken seriously.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M3.png Size: 67 KB
  • #8,374
  • Feb 27, 2017 4:32am Feb 27, 2017 4:32am
Matomi how big is your Dax RenkoBox ? :-)

Thanks man, youre great
  • #8,375
  • Feb 27, 2017 4:41am Feb 27, 2017 4:41am
Quoting Gazilion
Matomi how big is your Dax RenkoBox ? :-) Thanks man, youre great
Welcome to thread, I use 5 pips Renko for bigger picture and 3 pips for trading, all the trades I posts are marked on the 3 pip Renko .
  • #8,376
  • Feb 27, 2017 4:51am Feb 27, 2017 4:51am
I sent you message ;-)
  • #8,377
  • Feb 27, 2017 6:53am Feb 27, 2017 6:53am
Can you guys recommend a good solid broker where I can trade this system?

I'm thinking global prime. They look solid. Though they don't store historical tick, but with mt4...renko can be built by m1.

Currently IB does not keep historical tick data and mt4 cannot be used with them. So, I need to open a new account somewhere and learn mt4 altogether.
Oh well, all good things do not come easy.

Suggestions are appreciated. Thanks!
  • #8,378
  • Feb 27, 2017 7:19am Feb 27, 2017 7:19am
Quoting PappaJack
Can you guys recommend a good solid broker where I can trade this system? I'm thinking global prime. They look solid. Though they don't store historical tick, but with mt4...renko can be built by m1. Currently IB does not keep historical tick data and mt4 cannot be used with them. So, I need to open a new account somewhere and learn mt4 altogether. Oh well, all good things do not come easy. Suggestions are appreciated. Thanks!
Try Pepperstone, many traders here works with them, or even better option ADS Securities UK.
  • #8,379
  • Feb 27, 2017 8:31am Feb 27, 2017 8:31am
Quoting Matomi
{quote} Try Pepperstone, many traders here works with them, or even better option ADS Securities UK.
Are you trading with them,Matomi?

or is anyone trading with global prime with this system? I'm leaning towards them for some reasons...though pepperstone checks all the boxes for my requirements.

regards,
  • #8,380
  • Feb 27, 2017 8:40am Feb 27, 2017 8:40am
Btw, I've been demo trading with Ninjatrader's Kinetic replay with this system and this system is really awesome.

Entry is much easier on the eye than James16...and the opportunities are way more than Big Eelfranz (RIP) system.

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