Renko chart forex factory using moving averages with renko

Post 19 Quote May 14, am May 14, am. Let it turn and find your entry. Post 18 Quote May 7, pm May 7, pm. Sell after the brick color changes from green to red and 2 consecutive red bricks have formed and closed. Attached Image click to enlarge. Quoting giotetra. It makes everyone to be on the same page with you. Can it do well on real conditions? The rules are very simple and direct for Trader Code of Conduct and the best traders approach the markets professionally, apolitically, amorally, waving no flag — this is generally how Forex Factory members are expected to conduct themselves on the website. Last significant hi or low. Joined Dec Status: Member Posts. Moving Average? Interested in sharing ideas, Cheers, Dave. Think about this though Post Quote Sep 17, pm Sep 17, pm. Canadian forex market down bsp forex rates today Image. Post Quote Aug 21, pm Aug 21, pm. Joined May Status: Aramaii tii!

Most of the time those consolidations do not last long especially on big pips blocks. I was a little late getting in today but it all worked out fine. Hello, here a diagram for a "quick and dirty" EA. Is it difficult strategy? Joined Jul Status: Member swing trading with point and figure charts 60 second trading strategy, Posts. Any idea what to do? Post Quote Aug 26, am Aug 26, am. It's like looking through a pair of glasses when you can see perfectly fine without the glasses. I trade long when a box closes outside the Kumo Cloud, the Tenkan Sen is above the Kijun Sen preferably pointing up and the Chikou above the price of interactive brokers artificial intelligence finpro tradestation periods back, opposite for short. My Renko System Discussion 8 replies. I didn't actually get a chance to take this - I might have been a bit twitchy taking it because the movement is so tight - not a bad result though Hull moving average speed control. Missed this morning's moved but waiting patiently.

Post 14 Quote Jan 20, am Jan 20, am. How can I fully automate my strategy? Renko Trading Discussion. I will write an instruction on how to setup Renko charts and use the EAs in Post 1. Post 7 Quote May 14, am May 14, am. Joined Aug Status: Trading 2, Posts. Joined Mar Status: Member 4 Posts. I believe it is a little easier to find good zones on Renko Charts. Printable Version. Lets Automate a Simple Renko Strategy! Quoting Davidh Interesting ideas - thanks for sharing. This mornings trades. Basic answer is the same support and resistance zones appear on all chart types since they are identified by price. Post 6 Quote Jan 19, am Jan 19, am. Entry Criteria: Buy after the brick color changes from red to green and 2 consecutive green bricks have formed and closed. It's like looking through a pair of glasses when you can see perfectly fine without the glasses. Attached Image click to enlarge.

Post Quote Apr 19, pm Apr 19, pm. Post 19 Quote Jan 22, pm Jan 22, pm. Post 9 Quote Mar 19, pm Mar 19, pm. Post Quote Sep 23, pm Sep 23, pm. Post Quote Apr 4, am Apr 4, am. I now need to do paper forward Joined Mar Status: Member Posts. Post 2 Quote May 14, am May 14, am. Well as usual you guys are making this harder than it needs to be. It starts with 3 same colored bars and ends when a bar with a different color occurs. Basic answer is the same support and resistance zones appear on all chart types since leverage trading stocks meaning broker with hot keys are identified by price. I would be more than willing to contribute to anyone willing to get this thing working. It is 2 20 simple moving averages, One set to high, the other set to low.

Dear Matt, happy new year to you and everyone I've attached the EA with the basic settings, I only changed the lot size. If you are not using a SL then throw away the system or refine it because it is destructive in the long term, of course in the short term it looks perfect when a SL isn't used. Renko EA v3. No red color is showed on the bars. Quoting metta Quoting jo I am working on getting a few more points but I will go into that later. The Rules of the strategy are very simple! If the EA would just take all trades I could manage them and I believe be pretty successful. I can't trade with any other offline chart apart from POC, the only one that comes close is Mathtrader7 Renko Multichart creator Non gap I subscribe to your approach, just consistently take 10 pips daily and compound it and build a tidy equity mountain. No nationalism or racism V. You seem to start veering off the path of decency a bit and maybe you should just reign in your loose mouth and concentrate on your trading. I would also love input on any modification I can make to improve this strategy.

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No personal agendas VIII. I'm sorry if you felt offended. Post Quote Sep 24, pm Sep 24, pm. Post Quote Jun 23, am Jun 23, am. May I ask what platform you use and are Renko bars included? As with most strategies this looks great when trending but ranges can produce losses and any way of filtering ranges should be explored. Exit Attachments. Also, did you allow DLL on the common tab and put the right starting price? Post Quote Aug 21, pm Aug 21, pm. Joined Sep Status: Member Posts. When I focus I can do pretty good. Post 15 Quote May 7, pm May 7, pm. Let me know Now you chart should look something like this! I just hate that Renko is almost impossible to backtest properly. Do I need Huge equity to begin?

I have a request for you: would it be possible to make a renko like this? No Scams I will open basket of trades on daily basis, I will show exactly how i use Renko bars with moving intraday moving average futures equity intraday tax, there are so many tricks in my pockets for newbie and expert traders. What do you think of this strategy? Another demand zone? Its a sort of moving average half trend but faster. This being said trading strategies leveraging ninjatrader bulk download designing a system ensure the mathematics is on your side and it's not just a guess on what you think might work. Here is what i am testing ,indicatores are attached. Post Quote Aug 21, pm Aug 21, pm. Joined Jan Status: Member 4 Posts. Exit Attachments. Post 1, Quote Jan 14, pm Jan 14, pm. I did exactly what you did Kanzler about 3 years ago and turned off. All the best with your thread - will be following!

Hello mathtrader, the backtest result from post 1 still the same from the new updates? Moving Average? I don't have time to stare at the screen many hours, but if i could do it, i would certainly trade a 9 ema on a 20pips renko box chart. Post Quote May 11, pm May 11, pm. Post 18 Quote Mar 19, pm Mar 19, pm. Glad to see this thread. Post Quote Sep 24, pm Sep 24, pm. All else profit. Post 1, Quote Jan 23, pm Jan 23, pm. Hi Can you post template pls. Post Quote Sep 24, am Sep 24, am.

Post 1, Quote Jan 21, pm Jan 21, pm. Glad to see you are using non-gap Renko charts! Simple Moving Average Vs. Trade List. This way there is no need to delete or archive indicators and you have easy access to them when needed by moving them to the Indicators folder. They tend to print more historical I appreciate your reply, but I still don't understand why anybody would want to do. Joined Sep Status: Member how much money should i have before going into stock long term short td ameritrade Posts. Quoting Nolan Post Quote Jan 25, pm Jan 25, pm. Post Quote Sep 18, pm Sep 18, pm. Alerter - dzf. I'm not sure about using other indicators with Ichimoku, my heart tells me to keep it 'pure' but I always seem to end up with additional 'confirmation' indicators. Quoting metta

If thats not enough them what is? Joined Dec Status: Member Posts. Joined Jan Status: Member Posts. Post Quote Apr 16, pm Apr 16, pm. Post 20 Quote May 14, am May 14, am. Goldflight do you have the high low chanell indi please. Tradability , i actually don't understand why we have to pm you to get more details What I have read on this thread looks like it has focused more on short term scalping and completely automated EA's. Joined Mar Status: Member 4 Posts. Joined Mar Status: Member Posts. Quoting babasemi. Post 1, Quote Jan 25, pm Jan 25, pm. So is it possible for you to make two consecutive double bricks cancel each other such as represented in the picture attached? Joined Sep Status: Member 88 Posts. I do not want to junk it up with crazy indicators or complicated ideas. Hi shreyash I am also interested in Renko charts, they look great when they are trending but how do you manage when it goes sideways? The following code of conduct should be observed by members throughout their interactions on the website.

Joined Oct Status: Member Posts. Attached Image click to enlarge. Be transparent II. Thank you. Glad to see you are using non-gap Renko charts! Joined Feb Status: Member 57 Posts. Post 1, Quote Jan 14, pm Jan 14, pm. Renko Trading Discussion. I will write an instruction on how to setup Renko charts and use the EAs in Post 1. Members who persistently or severely break the code of conduct may have their membership revoked. The rules are very simple and direct for Trader Code of Conduct and the best traders approach the markets professionally, apolitically, amorally, waving no flag — this is generally how Forex Factory members are expected to conduct themselves on the forex gold trader forum option strategies for high implied volatility. I am sure it is not that simple but when you compare the upper chart and the lower chart, you will note that the second filter much better false reversals and it could drastically change the behaviour of many indicators Penny stock disclosure form pg&e stock value invest 8 Quote May 7, am May 7, am. Attached Files. Of course many of us can learn quickly from peoples achievements here so that the wheel is not reinvented.

Attached Images click to enlarge. Quoting metta I did exactly what you did Kanzler about 3 years ago and turned off them. But why the chart on M2 is still offline. My Renko System Discussion 8 replies. Right, but would you then renter after it turns back again? Post 18 Quote May 14, am May 14, am. Post 2 Quote Mar 19, am Mar 19, am. Exit Attachments. Alerter - dzf. Can anybody help me about this Attached Image click to enlarge. Post Quote Edited at am Aug 20, am Edited at am.

Post 19 Quote Jan 22, pm Jan 22, pm. Post 11 Definition of forex broker equity meaning in forex May 14, am May 14, am. I use the Alerter indicator to send a push Notification if price hits a line drawn on the chart. Post 2 Quote May 14, am May 14, am. Exit Attachments. Post 1, Quote Jan 14, pm Jan 14, pm. Post 12 Quote May 14, am May 14, am. Post Quote Sep 21, am Sep 21, am. Best stock portfolio websites india unable to connect to brokerage account with chrome 11 Quote May 7, am May 7, am. Post 1, Quote Jan 13, pm Jan 13, pm. Joined Sep Status: Member 88 Posts. In between power outages I was looking over how the indicators were performing andd taking notes.

I have developed my own indicators to use which suit my needs. Looking forward to hearing from you with bated breath at your kind convenience. So I will use median or shift renko for this strategy. Quoting MathTrader7. Your link The Captains. I might test. Post 1, Quote Jan 24, am Jan 24, am. Post Quote Jun 15, pm Jun 15, pm. Post Quote Edited at am Jun 15, am Edited at am. Post 1, Quote Jan 21, pm Dominos stock dividend yield vanguard total stock market index fund vbtlx 21, pm. Post 6 Quote May 7, am May 7, am. Post 3 Quote May 7, am May 7, am. Post 9 Quote May 7, am May 7, am. It starts with 3 same colored bars and ends when a bar with a different color occurs. Hello glad someone else uses renko Post 5 Quote Mar 19, pm Mar 19, pm. Hi I am about to run an EA using renko's and will post results.

Do you know their language? However, one thing I notice that renko charts obviously cannot display is the factor of time. I mean and for such a purpose, I guess my picture will clarify what I am trying to ask you , in this Renko representation, you will have single bricks which confirm a trend and double bricks which give a signal of reversal and obviously of range as well Exit Attachments. Quoting zsolti I am fairly familiar with renko in that you specify your block Perhaps if you saw my indicator now and understood how to trade it your opinion would change, but stick to what you know best which is time charts, but I don't understand why your here then. Think about this though Printable Version. Of course many of us can learn quickly from peoples achievements here so that the wheel is not reinvented. I'm sorry if you felt offended. Attached Image click to enlarge. Let it turn and find your entry. Post Quote Apr 3, pm Apr 3, pm.

Post 5 Quote May 7, am May 7, am. Yes i mainly trade using renko charts, I find them to be swing trading with renko charts price action dashboard mql4 much cleaner chart. Printable Version. Quoting Willowgal. Exit Attachments. RBCC Push. How about the Pope? Post 3 Quote Jan 10, pm Jan 10, pm. Hi everyone, No context with the previous messages but I took some time to read many threads by Matt, and tried backtesting. Post Quote Sep 17, pm Sep 17, pm. Post Quote Sep 24, am Sep 24, am. Post 11 Quote Mar 19, pm Mar 19, pm.

Quoting Hutch. You are truly helping people out with your time and skills. Post 7 Quote May 7, am May 7, am. Could you please explain how the second red arrow short trigger and the first blue arrow long trigger on the first chart bring more confidence in entering into a trade? Also I don't recommend too many MA I only use What do you think of this strategy? Looking for proven scalping strategy to program 1 reply. Focus on trading II. Post 16 Quote Jan 21, am Jan 21, am. When I focus I can do pretty good. Quoting giotetra.

Joined Mar Derivatives trading course singapore widgets android Member Posts. Believe and Achieve! Post 1, Quote Jan 15, am Jan 15, am. What I have read on this thread looks like it has focused more on short term scalping and completely automated EA's. Quoting IAmRetep. Anyone not sure what Ichimoku is is shorting stocks day trading binary option robot pro check. He is a great guy and will forgive you no doubt. Post 13 Quote May 7, pm May 7, pm. Keep me posted with your observation and inferences. Renko and Ichimoku Cloud Cross replies. Quoting Nagpada. They let you see what the price rang was during the makeup of the bar. Still tinkering. For some reason my "Best" moving average custom indicator just refuses to show in my MT4 navigator tab though it's visible in the File Folder I like it because of the MTF and colour change functions. Attached Image. System v. Joined May Status: Aramaii tii!

Attached Image click to enlarge. Can you briefly provide information on how to trade your Renko system and attach all indicators and template of your Renko system. It would be good if we could see what it does and when! Focus on trading II. What I have read on this thread looks like it has focused more on short term scalping and completely automated EA's. But I agree with you on everything except SL but I can see you are hedging instead of a SL whihc in effect works the same way. Joined May Status: Member 82 Posts. Glad to see you are using non-gap Renko charts! Post 3 Quote May 14, am May 14, am. Exit Criteria: 1. Post Quote Sep 21, am Sep 21, am. How can you tell whether a level was strongly rejected using a renko chart? Quoting Hutch. Lets Automate a Simple Renko Strategy! Joined Feb Status: Member Posts. Here is a template. I appreciate your reply, but I still don't understand why anybody would want to do this. Right, but would you then renter after it turns back again?

I have paid 2 programmer's a couple hundred bucks but they both quit on me prior to finishing the EA Below. Tradability , i actually don't understand why we have to pm you to get more details Renko Trading Discussion. Open 1Min Chart 2. Its a sort of moving average half trend but faster. Post 13 Quote Jan 20, am Jan 20, am. I don't have time to stare at the screen many hours, but if i could do it, i would certainly trade a 9 ema on a 20pips renko box chart. It seemed that I would have been triggered short by the 2 MA cross indicator where the loosing Half trend signal came, but it would have repainted after price changed it's mind because MACD crossed the middle line. Attachments: Trading Renko. Quoting nutmg Attached Image click to enlarge. Trail the trade as more number of bricks are formed until your trailing stop loss takes you out!. Exit Attachments. Post 1, Quote Jan 21, pm Jan 21, pm. This mornings trades. Entry Criteria: Buy after the brick color changes from red to green and 2 consecutive green bricks have formed and closed. Attached Image. Hi, Do we have ea that trade renko just by colour change? No Spam III. Consider how it comes across to the reader.

Its just to have it made into a system to test over a period. Quoting Tekkies. Here is the first version of the EA I just created. Post Quote Apr 19, pm Apr 19, pm. All else profit. Your link The Captains. Renko EA Set Up. I believe the entries and filters Price action weekly best health insurance stocks to buy do have could be very successful with proper money management. My Renko System Discussion 8 replies. Attached Files. Additionally, you can use a trailing Sl of pips to safe guard your profits.

Joined Jun Status: Member 14 Posts. Joined Mar Status: Member Posts. I have developed my own indicators to use which suit my needs. For this strategy I'm using a 15 pip box and standard Ichimoku 9, 26, Please add your own trading strategy, but only Ichimoku - Renko. Hello glad someone else uses renko Systems, Systems and Systems Joined Feb Status: Member Posts. Exit Attachments. I'm not sure about using other indicators with Ichimoku, my heart tells me ninjatrader save atm strategy what does increasing macd mean keep it 'pure' but I always seem to end up with additional 'confirmation' indicators.

In trading one is looking for a direction and time is irrelevant. How can you tell whether a level was strongly rejected using a renko chart? Post Quote Jan 24, am Jan 24, am. Post 19 Quote Mar 19, pm Mar 19, pm. Valid Signal? No need to sit in front of the monitor for more than a couple hours Post 1, Quote Jan 18, am Jan 18, am. Post 9 Quote Mar 19, pm Mar 19, pm. Quoting KayStreet. The markets are speaking to you. If thats not enough them what is? Joined Sep Status: Member 6, Posts. Attached Files. Joined Oct Status: Member 6 Posts. I think the renko colour changing strategy not works. I trade a 15 point brick and my settings take 10 points out of it.

I will post a pic or two later on to show how accurate in predicting a turning point using renko, keeping in mind I am only using MA so there is no repainting or anything else. Post 5 Quote May 14, am May 14, am. Consider this thread as journey , you can enjoy or you can simply keep crying, in both cases its your gain and pain not mine. For some reason my "Best" moving average custom indicator just refuses to show in my MT4 navigator tab though it's visible in the File Folder I like it because of the MTF and colour change functions. Tradability , i actually don't understand why we have to pm you to get more details With regards to price action, I find time to be a critical aspect of analysis. I've marked it up with what I assume is a demand zone; A,B and C form a resistance zone which is finally broken. Quoting babasemi. Attachments: Renko Trading Discussion. Post 20 Quote May 14, am May 14, am. Renko charts in the trading simulator 9 replies.

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