Few More Examples. The Sell would have yielded about 550 pips and Green arrow about 200 pips.

Simple Renko System

I also believe it may be advisable to wait until price returns back INSIDE the Gold line , especially If the bar closes outside, to take the trade. But If Bar touches the Gold Line and New bar opens AND Closes Inside the Gold line I think it is safe ...

Simple Renko System

Went Long Eurchf at 1.2998. Lets see what happens

Simple Renko System

As you can see above one could have made 1150 pips on the Eurusd chart. Of course I got out for about 450 pips. I am too impatient when I am in positive pips but not when I am loosing pips. Isn't it funny. I guess i hate taking losses and hoping the ...

Simple Renko System

Yes Live Account. But i would not advise anyone trying live before trying out Demo. Because price can Go against you for a while and remember every bar is 50 pips. So one can basically be in a hole for some large amount of pips before it will turn ...

Simple Renko System

Few more examples:

Simple Renko System

Here are few mor charts with possible entries. as you can see the pips you can make are close to 400-500 pips ofcourse it may take few days since the bars are pip based and not time based. This is not a day trading system eventhough one can try it ...

Simple Renko System

Thanks . Let me trade few more weeks of Renko using nanningbobs system before I open another thread. Hopefully Steve and You will be able to contribute to the thread. Thanks again for all your help to all the traders

Nanningbob 4h trading system ver. 5.0

Thanks antonioforex, You beat me to it. Yes this Ea seem to be best to create renko chart. I will respect Bobs intention not to discuss more about Renko here. Will try to contribute more when he opens another thread. Thanks

Nanningbob 4h trading system ver. 5.0

YES and NO. It depends on the size of the bar. Usually it is double the size of the bar. If one has 50 pip renko bar, stop loss need be around 100 pips. But the best thing is when the trend turns around after 100 pip loss it seem to continue for a ...

Nanningbob 4h trading system ver. 5.0

renko — I have been testing out Nanningbob's system using 50 pip renko chart which of course has fixed pips and not time based. Looks great on chart and few trades I made seem to result in lots of pips. I am hoping to get comments from Steve ...

Nanningbob 4h trading system ver. 5.0

Hi Steve, It is really nice of you to say good things about me. I am really a little fish among the Giants like you and Nanningbob who are willing to help so many people for nothing in return. I am really glad to be here. Thanks

Nanningbob 4h trading system ver. 5.0

Recovery system — Can someone point out where I can find info on 2.4.2 recovery system on this. is this an EA ? Thanks

Nanningbob 4h trading system ver. 5.0

Hi Phanti, This screen shows the MPTM . This is a separate chart just showing the trades being mangaed by an EA. I do have other charts with Indicators mainly no# 7 blank.

Nanningbob 4h trading system ver. 5.0

Great System — Thanks to IAMTHAT. Because of his help and encouragement I started trading this system (AFTER READING THE WHOLE THREAD) for the last three days. Here is the result. Thanks to Nanningbob for wonderful system and traders like ...

Nanningbob 4h trading system ver. 5.0

Its Ok. I found the information and how to use Currency ring here. Thanks url

Looser Trading System (Version 0.01-1/3)

Hi, How do you use this indicator. Can you please explain. Thanks

Looser Trading System (Version 0.01-1/3)

Interestingly all these rise in equity happened within last 5 days of trading. f Of course it is not Guaranteed in future as forex can turn around so fast it can make ones head spin !!

Looser Trading System (Version 0.01-1/3)

Unfortunately NO. Manually and patiently entering all the trades !!!

Looser Trading System (Version 0.01-1/3)