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- fxkred replied Apr 26, 2012
Here is the German language pack. Contains two version: "Euro Dollar nach unten schliest", and just "unten schliest". Please test it, if not too long is it.
Fxkred's Renko System
- fxkred replied Apr 26, 2012
Great idea, i have thought about it, too. Sometimes when going out just heard from my room at once. Closed up, closed up, Closed down! And I think: Oh what have happened? At the weekend Ill try to make some more noise. Please who want his native ...
Fxkred's Renko System
- fxkred replied Apr 26, 2012
Yes, you are right, the German preciosity über alles
Really it was a bad counting, as we see it was a bigger wave's first wave. The rules are rules!Fxkred's Renko System
- fxkred replied Apr 24, 2012
Thank you for your post. It was a big help for me, so I can empty my message box


Fxkred's Renko System
- fxkred replied Apr 24, 2012
Today's Elliot wave on EURUSD gave our daily bread and butter
The correction wave would give some possibilities, so not late to see a good entry again.Fxkred's Renko System
- fxkred replied Apr 24, 2012
Hi Man, It was a great job!
You have solved a lots of problem, I have not aware of it. But gave me lots of tips, what could do with Renko , I have not even think before
Thanks again,Fxkred's Renko System
- fxkred replied Apr 23, 2012
I do not think so, you have to install extra things. I was used the Windows basic fonts.
Fxkred's Renko System
- fxkred replied Apr 23, 2012
Here is the first "Language pack"
Really it is the Hungarian sound pack. So it says the CLose Up and Close Down By Hungarian. First unzip the attached sound files, and copy into Yourmetatrader ++ sounds subdirectory. There is necessary to change ...Fxkred's Renko System
- fxkred replied Apr 23, 2012
Asian session worked well, the Elliot wave was completed by minimal expectation. London session can start with "freehand".
Fxkred's Renko System
- fxkred replied Apr 22, 2012
Just want to share some Elliot wave counting on Renko chart. There is a projected price for the begin of the week. Thank you for Christina for this great indicator, the ElliotWaveProphet. Here is a video about using: video It is free indicator, ...
Fxkred's Renko System
- fxkred replied Apr 22, 2012
I do not think that there is a "best" size, similarly to time based candles. Which is best the M1, or M5 Or h1? There is no good answer, I mean only one : Depends on...
But you have to think about your strategy and choose for it the Renko size. ...Fxkred's Renko System
- fxkred replied Apr 20, 2012
Do not connects to my Renko system these harmonic patterns but heps a lot for confirmation if we able to see them. Especially when some fibo level is drawed to it.
Fxkred's Renko System
- fxkred replied Apr 20, 2012
Now, we have renko charts, so start to able to "Viewing". As the noise are engulfed by Renko candles, more easy to recognize some patters, for example harmonic patterns. Let us see how much occurred today.
Fxkred's Renko System
- fxkred replied Apr 20, 2012
Maybe it is confusing, that I have to start to talk about a Renko system, then posted an indicators, so it may be identified that it is the system. Not at all, it is a simply indicator (not EA) , and it is only purpose to show us (counts) the pips ...
Fxkred's Renko System
- fxkred replied Apr 20, 2012
I hope that the picture of indi clarified the question. This indicator simply counts the pips BY PIPS until the possible Short and Long close levels. Just simply as it is, not more.
Fxkred's Renko System
- fxkred replied Apr 20, 2012
The next question: How can I match the timeframes to Renko chart? Well this is a basic question. If you are a scalper, then you may use lower timeframes, 1 or 5 minutes. If you are a daytrader, then may want to see an m15 or H1 -like Renko chart. ...
Fxkred's Renko System
- fxkred replied Apr 20, 2012
Thank you geo, I think it is the newest verision. The advantage of the Mr. Nims that it makes 2 type Renko at once. As I remember the original coder of RenkoLivechart is LastViking. I found his blog, and downloaded the first version of the EA. VERY ...
Fxkred's Renko System
- fxkred replied Apr 20, 2012
Ok, Ok, but how can I make a renko chart? 1. If you have a Ninjatrader 7 then you gave it for free as there is a native Renko candle type. This is the easier way to get Renko based charts. You have to get a wicked Renko from the forum. 2. The ...
Fxkred's Renko System
- fxkred replied Apr 20, 2012
Next common question can be: How long could be a Renko candle? First , think about it, we use the term of Renko 4 charts for the BODY size of the Renko candle. There are two types of use. Wicked or wickless. Personally I used the first one, as the ...
Fxkred's Renko System
- fxkred replied Apr 20, 2012
You are welcome! Well, I do not want to off topic somebodies thread, so I open my own for the Renco Counter. The new improvements are here: url
RENKO system with Mihailo!