From post 650 by Wab "The key is understanding the universal HH HL LL LH structure of charts and being able to spot the E line in a reversal. Even with something as useful as Road Map and understanding some of the other indicators we have looked at ...

Animal Farm (Renko system)

Already in the money. Even before Tokyo opened. Love that AUD.

Rainbow Magic with CRB charts

Renko SMI rainbow template.

Rainbow Magic with CRB charts

Put 2 copies of SMI on the chart overlay one. Correct the settings and change color of one to get signal line.

Rainbow Magic with CRB charts

Interesting material. video input over_bought = 40.0; input over_sold = -40.0; input Mid_Line = 0; input dlength1 = 6; input klength1 = 15; input dlength2 = 18; input klength2 = 40; script Stoch { input percentDLength = 3; input percentKLength = ...

Rainbow Magic with CRB charts

Using a line chart helps to see the story behind the bars. Some nice waves on the AUD today.

Rainbow Magic with CRB charts

To work out my trading plan for today I zoomed right out and did the Elliot wave thing. Don't know if its correct but it looks good. Semafor settings period 1 0, Period 2 35, period 3 70. Now waiting for the B wave pullback and I'll hit C when the ...

Animal Farm (Renko system)

I missed this morning trade as I was preaching in the retirement village. (Some things are even more important than trading!) But check out how these two fibs worked. Gold for the first impulse wave. Black for the second. Very strong. Look how price ...

Animal Farm (Renko system)

To encourage those who struggle with trading. I hope this song helps. video

Animal Farm (Renko system)

Don't know what happened. But sometimes you just get real lucky. Noticed a nice pin bar on the 15min chart which I run alongside my renko. Also the Higher brick size renko was giving the same reversal though not yet fully formed. Waited for the ...

Animal Farm (Renko system)

Saddle time to straddle!

Rainbow Magic with CRB charts

Today's quick scalp.

Rainbow Magic with CRB charts

Unable to trade this morning Life gets in the way at times. But here's what I saw in the charts. The reason my old semafor indi is on the charts is that a starburst warns me of impending reversals.(yes it repaints I know!!!! its an alert to ...

Animal Farm (Renko system)

Bit tricky this morning. Remember I'm a scalper. On 8 pip Renko. The dark ellipses seem to indicate possible divergence entry to the upside. Pay close attention to the alligator. Price was not using it as support yet. Up moves failed. Last ellipse E ...

Rainbow Magic with CRB charts

For those who wanted it here's my template. Please note you'll need the roadmap indi and its for the offline ovo renko charts. Trade well.

Animal Farm (Renko system)

Hi Handy. Those lines are part of the roadmap indi.

Rainbow Magic with CRB charts

url Download v04 This road map indi is amazing. Note the impulse waves only change color after breaking thru the e line (previous lo or hi) Use the 1st impulse wave to draw your Fib. On renko charts I draw the Fib from the open of the bar that ...

Rainbow Magic with CRB charts

Quick scalp during my lunch break Impulse wave at BW Fork small correction then next impluse. I trailed stop 2 fib levels behind. Could of made more... 20/20 hindsight always great. Happy with a profit. Note I draw my Boss Fib from open of ...

Animal Farm (Renko system)

Wab I can see why you like this road map. Very cool. Suddenly impulse and corrective wave start to mean something to me. This is like putting in glasses for the first time when your vision has been dodgy for years!

Animal Farm (Renko system)

Wab Have you tried using the Ovo Omniaautorange indicator? I'm using it to give me the Higher Brick value that is most in sync with the current market trend. I think it only works with their Renko creating software so not good for all traders.

Animal Farm (Renko system)