Same story with eurusd.

Nanningbob 4h trading system ver. 5.0

Here is the chart.

Nanningbob 4h trading system ver. 5.0

Isn't that a beautiful chart !! I am doing great on renko but unforunately got killed on non renko system.

Nanningbob 4h trading system ver. 5.0

I have been getting killed on audusd on regular chart being short. But look at 50 pip renko . It has been long for long time. I think this is the advantage of Renko over time based charts IMHO.

NanningBob Study Club

Thanks. Definitely looks much cleaner

Simple Renko System

Thanks Steve. Will give it a try next week. Thanks

Simple Renko System

Thanks IMFX

Simple Renko System

Can you please send link to C4 thread on babypips.I could not find it there. Thanks

Simple Renko System

Welcome Freddy. Glad to know you like Renko as well.

Simple Renko System

Looks like this appears to be about right. As you can see in your chart the trade made a really nice bunch of pips !!

Simple Renko System

I like 50 pip renko because I have seen many times the trend seem to continue for a while at least for 1 or 2 renko bars . That is almost 50 to 100 pip profit. Not bad for a days work. If some one is interested in day trade I guess 5 or 10 pip renko ...

Simple Renko System

Absolutely Not. Please go ahead. The more people participate in discussion better it is. I am really happy Steve is contributing so much here.

Simple Renko System

No. I am still trying to figure out all this new events. I want to try Steve's EA on demo before I comment further.

Simple Renko System

When I loaded the EA i got an error message; "buy renko order failed with error(4107),invalid price parameters for trade function" Not sure what it means

Simple Renko System

Each Candle(box) in renko is number of pips for eg in mine 50. It is not true that you have to wait 1 month especially if you are putting a target price or trading with say 10 or 20 pip renko even for that matter it could be even 5 pip renko. I do ...

Simple Renko System

Thanks. I will try it and will put results here. Thanks Again

Simple Renko System

You have to keep m1 chart.That has the EA for renko. Please read post1 again for more info

Simple Renko System

WOH! THANKS VERY MUCH for the offer. I prefer new candle formation inside. Is it possible to combine NB Trend and SAR by Simon Kaufmann somehow included in it so that one can remain with the trend in case if price turns around and goes with the ...

Simple Renko System

If I can put in my few cents here and if it would help, I did great on all CHF pairs.( close to 600 $). It is because my renko showed buy. I was wondering whether this info can somehow be correlated with your system. Not my intention to intervene or ...

NanningBob Study Club

This is where my account today is. I already cashed out couple of positions. I think there is astill upside potential. Prices have just creeped back into bottom Gold line. Needs to go up to upper line.

Simple Renko System