Mr.Nims, Renko Ashi Scalping System. - page 6
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Yes, that is where you would enter 10.
I have the real commercial renko script so mine does
not do what you are mentioning. I would say yes and
see how the bars look.. if they are correct, great.
If not, attach renko script again, say yes and
then change the range from 5 to 100 (10 with one more
0 for 5 digit broker) as this is
a script adjusting for 5 digit broker, that could be
necessary. But I would do the above first, set it to 10
and say yes rescale and when you load your M2
chart with template see how the bars look...check
one and see it is 10 pips the range of that one bar,
if not you may have to do the second process.
BrianHi Brian!
I think the bars range is also set to 10 for 5 digit brokers as well b/c I tried 100 and there was nothing on the chart. Also, how does the probability meter work with this system?
Thanks again for all your help!
Pm
If you have the probability meter, it will work just like on other systems
if everything lines up for a trade otherwise, lastly you can look
at the probability meter and see that it agrees strongly
with the trade you are taking. Also for exiting a trade, you
can use it as you are comfortable for exiting when the
trend changes against your current trade.
Rescale must be then adjusting for 5 digit ie so you
dont have to do anything else. Good to know
Brian
Hi Brian!
I think the bars range is also set to 10 for 5 digit brokers as well b/c I tried 100 and there was nothing on the chart. Also, how does the probability meter work with this system?
Thanks again for all your help!Mis-spoke
Hey lordsfxt one more question actually.. still the open one, do you
enter during the bar that has changed color or wait till its confirmed
by that bar closing?
And also, what are the arrows on your chart? Is that the xpma
version you use? I am asking because it doesn't (the one on your
charts) alert to each color change I was wondering if they are different arrows.
thanks!
Brian
The same thing as the 1st post on the topic, except that have modified the renko chart from 5pips to 10pips for lesser fakeout and apply them on eurusd,gbpusd,usdjpy & eurjpy. And change renko again from 5pip to 20pip on gbpjpy for lesser fakeout. Then i just wait the heiken alert and go in with 20-30 pip stoploss till i am happy of price action and profits
Probability Meter Doesn't Appear to Work
The probability meter doesn't appear to work as it's the same on all charts...
Here!
Actually, here is the thread for it
https://www.forex-tsd.com/forum/commercial-talks/9260-the-probability-meter
GF
the probability meter is great, but you have to have that
already in your indicators. its not a free indicator, ferrufx
sells it on the commercial section o forex-tsd for all interested, I believe.
its great. I like it... but its not a free indicator
that could be posted here.
BrianPB Meter
the probability meter is great, but you have to have that
already in your indicators. its not a free indicator, ferrufx
sells it on the commercial section on forex-tsd for all interested, I believe.
its great. I like it... but its not a free indicator
that could be posted here.
Brian
The probability meter doesn't appear to work as it's the same on all charts...
Bars on 2m Chart
How do I get the same amount of bars on the 2m (offline) chart as the 1m chart? When I choose open chart offline the 2m has about 114 and the 1m has ~7000? I tried scrolling back on the 1m chart before/after I put on the renko script, but I cant seem to get the bars on the 2m chart.
Two things..
Close your charts, re-open the 1 minute chart, then scroll back
for about 1 month or more. Then load the renko script back
on the 1 minute chart.
Second, if that doesn't help... or does somewhat, patience
I have had that before and then hours later my chart
had much more data to work with. But make sure you do
the first step first, with the renko script not yet on your M1,
then add the renko script and load your M2 back again and
see if that helped.
GF
How do I get the same amount of bars on the 2m (offline) chart as the 1m chart? When I choose open chart offline the 2m has about 114 and the 1m has ~7000? I tried scrolling back on the 1m chart before/after I put on the renko script, but I cant seem to get the bars on the 2m chart.
Close your charts, re-open the 1 minute chart, then scroll back
for about 1 month or more. Then load the renko script back
on the 1 minute chart.
Second, if that doesn't help... or does somewhat, patience
I have had that before and then hours later my chart
had much more data to work with. But make sure you do
the first step first, with the renko script not yet on your M1,
then add the renko script and load your M2 back again and
see if that helped.
GFThx for all your help GF! :-)
Really quick...Are you doing pretty well with trading renko charts?
XPMA Email Alert
Does anyone know of the xpma that has an email alert?