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- fxkred replied Oct 10, 2012
And now, who are courious, or eager to try the median renko, here is a draft version of the transcoded RenkoLiveChart. Not so sophisticated, and do not deals every details, but makes median renko. Very good to test your favourite indicators, and ...
Fxkred's Renko System
- fxkred replied Oct 9, 2012
Let us see, what to do with median renko. Not much difference to trade. Take the fib confluence level and travel in it until you able.
Fxkred's Renko System
- fxkred replied Oct 9, 2012
As I thought it, maybe wiser to compare the 2 pips ordinary and the 4 pips median renko. Here you are the chart.
Fxkred's Renko System
- fxkred replied Oct 9, 2012
I give you an example, from today's EU 4R chart. How different could be in this two types of renko. Everybody can decide which is easier to trade.
Fxkred's Renko System
- fxkred replied Oct 9, 2012
To have the conclusion what is the main difference between the mean(medium) and ordinary renko, we can say that what is the advantage, that could be the disadvantage, too. I mean the mean renko is more sensitive easier to turn. If the trend turns it ...
Fxkred's Renko System
- fxkred replied Oct 9, 2012
There is an fight between ordinary renko candle user and median renko candle user. I have found an interesting picture, where it is explained what is the theoretical difference between them, and why the median is used by professionals.
Fxkred's Renko System
- fxkred replied Oct 8, 2012
I do not believe in EA alone, without human intervention. I want to use it to make the slave labor. But as EA there is no psychology, sometimes makes good service. I have not got enough time to make some statistical research how many renko goes ...
Fxkred's Renko System
- fxkred replied Oct 7, 2012
That is good chance to get experiences with PipTrapper EA during the NFP news. I let the EA on 100point renko bar.
Fxkred's Renko System
- fxkred replied Oct 3, 2012
Hi all, Proudly presents the very first version of the Renko PipTrapper EA. There are two main function of it. #1 Close all open trades of that instrument, when the first opposite Renko bar close. Details: After a given number of renko bars the EA ...
Fxkred's Renko System
- fxkred replied Oct 2, 2012
I was thinking about this EA. Even I got a name for it. PipTrapper, as it traps the pips, not let them to escape from our pocket
And more important things: The EA must identify the trend. I have a simple solution: examine the las X renko candle. ...Fxkred's Renko System
- fxkred replied Oct 1, 2012
HI Damonl, I was thinking that ea, but it was not put in code, yet. But inevitable to write it as loose lots of money yet on multiple market, when they turn together, and was unable to close the turning markets only at the same time. Thanks for the ...
Fxkred's Renko System
- fxkred replied Sep 26, 2012
Otherwise very funny moves on GOLD. False brekouts, then a big move, and it is many times now.
Fxkred's Renko System
- fxkred replied Sep 24, 2012
A little help for those, who want to find the optimal trade enty by Inner circle trader : video
Fxkred's Renko System
- fxkred replied Sep 21, 2012
Overnight GBPUSD trade. Harmonic pattern, fibo expansion, and previous levels the targets.
Fxkred's Renko System
- fxkred replied Sep 20, 2012
Hi, I think there is no problem with volumes with this renko script. But the Volume spread analysis (better volume , etc) does NOT work under renko, as the spread means here the RANGE of time-based candles. So renko hides this important attributum ...
Fxkred's Renko System