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a777

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Posts posted by a777

  1. No they don't repaint, they are just a ma cross type.

     

    You will have to give me a couple of days when I am at main puter. that is not the full system there is a bit more.(also us a 1 min bbmacd )

     

    Feel free to press the thanks button :D

     

    Hi Marthart,

     

    Can you please post the full system you mentioned?

  2. 4ema close

    5 ema open

     

    Here is a 5 pip renko chart with a 4ema close (red line) and 5ema open (green line). How would you filter out all the false choppy signals?

     

    http://charts.mql5.com/3/64/eurjpy-oanda-corporation.png

     

    Here is another example using 5 pip median renko.

     

    http://charts.mql5.com/3/64/eurjpy-oanda-corporation-3.png

  3. Those AZ indicators must be educated before use. I know them for long time. It is sold by Polish scammers. Bad experience with those guys, they deserve punishment.

    Thanks Hermes

     

    They are already educated and work well. If you can't get them to compile just remove any decompiled text at the beginning of the mq4 files.

  4. No they don't repaint, they are just a ma cross type.

     

    You will have to give me a couple of days when I am at main puter. that is not the full system there is a bit more.(also us a 1 min bbmacd )

     

    Feel free to press the thanks button :D

     

    Can you tell us what the 2 MA's are?

     

    I have tried many MA cross indicators before and noticed that some repaint when price gets choppy. For instance in live trading you may get a group of several up and down arrows on consecutive bars but when you reapply indicator you just see one arrow. So it looks great in history but not so good live. I like to look for ways to filter the chop and reduce bad entries.

  5. http://i14.photobucket.com/albums/a304/marthart/bbmacd_zps30fb3789.png

     

    Lines on the bbmacd are showing divergance

     

    Hi Marthart,

     

    Can you please post your chart indicators with a template? Maybe my BBMACD version is different because it doesn't look the same with your settings. Also do the arrows repaint?

     

    Thanks.

  6. I am looking for Renkos with wicks (for MT4) just like shown in your screenshot.

     

    It would be much appreciated, if someone could give download link. Thank you!

     

    Here is link for median and regular renko charting kindly shared before by ii member paraxs. It is very good and you can select whether you want wick or not on Renko bars. You also have the option to adjust median renko bars to start other than the 50% level of the previous bar. It is worthwhile to test different levels to improve performance of your trading system. You may need to delete any decompiled header on mq4 files to get them to compile.

     

    If you have or know of any good high percentage Renko trading system please post it.

     

    www.multiupload.nl/YZD3KS9LZ4
    Copy Turbo_Activate_dll file in the MT4 main folder...

  7. This is just a repackaging of what he was selling a few years ago. His analysis in the videos is always after the fact when it is very easy to spot the good trades and bad ranging periods. He often underestimates the losses and overstates the wins in his videos so it sounds much better than it actually is if you were trading it live.

    Can anyone suggest any good indicators that can help filter out some of the chop when using renko bars?

  8. Hi Usmanumar0821,

    Thank you for the upload. Yes I was having a problem downloading from mega but I went out and used another computer to download your rar file onto a usb drive so I have it now to study this weekend.

     

    Have you started trading with the system yet? Correct me if I am wrong but from the website it seems like a lot of discretion is needed to be as successful as the author.

  9. [quote=favoured111;284995

    Very profitable. Non repainting

    Time frame! 1 minute. though works in all time frame

     

    Favoured111,

    Please show chart examples with your trading rules how you filter out the false losing signals.

     

    Here is picture and link to bezier indicator (but in mq4) if anyone else is curious to see what it looks like.

    http://codebase.mql4.com/2720

  10. I doubt this seller is getting anywhere near 96% in real time trading. The chart indicators are EMA60, EMA200, Stoch8,3,3 and TDI default. Here is TDI so you can adjust settings to your liking. Seller's version has inputs removed. Does anyone have any suggestions how to use this in conjunction with any other indicators to help avoid choppy PA?

     

    http://www.4shared.com/file/TyXRt-MT/Synergy_Pro_TDI.html

  11. Sojourner7 saying he had 14 winners in a row made the system sound intriguing so I googled and found another link. I have not tried it yet but thought I should post the link now before it expires. The zip file contains the fibovector indicator, template, and pdf manual.

     

     http://forex-shop.com/wp/wp-content/uploads/2012/12/rhorn-free.zip

  12. Sometimes I leave the trade as it is and get out at breakeven if not sure...but the beauty is price will come my way....

     

    I understand now, you scale or average in which resets your breakeven point closer than it was for your first trade. When you show your trade examples we will be able to better understand how you can be confident about "the beauty is price will come my way..."

     

    You use a SL which is very important. I recall someone at ForexFactory who always scaled in on losing trades multiple times expecting a retracement to bail him out and used no stop loss. He had a high winning % for a few months building a large account and looked great until a margin call. But again his problem was he used no stop loss.

     

    Danny, can you post a quick screenshot of one of your trades? It doesn't have to be fancy for now just something that explains how/why you entered the trade. Something to whet our appetite until you set up the demo account. Thanks.

  13.  

    3. ...will open further 20 pips trade if price goes against me.....to a maximum of 1 dollar a trade....

     

     

    Hi Danny,

    Can you please clarify the above? Did you mean when price goes against you, you will add in more 20 cents a pip trades up to 5 times, until trading 1 dollar a pip max? Or when you say "to a maximum of 1 dollar" your total SL is $1? (20 cents/pip x 5 pips = $1)

    Thanks for sharing.

  14. the trades need to be taken instantly to have the drawdown of less than 5 pips and since the trades are based on 15 minutes and holding time is average 30 -60 minutes.

     

    While we wait for Danny to reply, how do you suppose he is able to enter on 15M chart with only drawdown of < 5 pips without looking on lower TF or maybe even as low as tick chart?

     

    Even pin bars at S/R don't always work sometimes PA dawdles and then decides to break through and take out your SL. Anyone have ideas how to consistently get precise entries on 15M with less than 5 pip drawdown like Danny?

  15. I also agree, if not a pdf then please post chart examples showing how you draw your trendlines and make your entries and exits. I think this can be a more convenient and easier way for you to teach us during your spare time since you have a full time job. If you do skype first you will probably be asked the same questions many times by members arriving at different times.

     

    If your outstanding RR and winning % can hold up for the long term, maybe we can all help each other refine your system to become millionaires and billionaires asap along with you (lol). I am eager to learn your system. Thank you.

  16. http://filecaster.ru/downloads/1344547425_5406020f4c3f7b224a76353e05ce20e4/pwc.gif

    It рerfectly defines the trend and flat

     

    Hi Shyma, Can you tell us how you use this indicator to spot the start of trend or flat? It's easy to spot in hindsight but I can't see how this indicator helps in live trading to warn you trend or flat has started.

     

    Does anyone have the MTF MACD shown at the bottom of the chart with the thumbnail images of each timeframe? I tried googling and the only source I found was commercial that charged a lot of $$$. It's better than a usual MTF indicator since no repainting issue and you can see smaller TFs than your main chart. Hopefully it can also be attached to Renko and range bar charts where MTF indicators won't work.

    Thank you.

  17. It рerfectly defines the trend and flat

     

    Hi Shyma, Can you tell us how you use this indicator to spot the start of trend or flat? It's easy to spot in hindsight but I can't see how this indicator helps in live trading to warn you trend or flat has started.

     

    Does anyone have the MTF MACD shown at the bottom of the chart with the thumbnail images of each timeframe? I tried googling and the only source I found was commercial that charged a lot of $$$. It's better than a usual MTF indicator since no repainting issue and you can see smaller TFs than your main chart. Hopefully it can also be attached to Renko and range bar charts where MTF indicators won't work.

    Thank you.

  18. Thanks Hermanhess for the video link. Here is a segment where one of Kishore's staff member says he lost $15K and was losing 60% of his trades.

     

    Where does Kishore find all those people who take pictures with him saying they all made fantastic amounts of money? Are they all paid shills? Relatives? I wonder how he can continue selling his seminars when no one really makes any money with his systems.

     

    http://www.youtube.com/watch?v=ilhs-q3FndI&feature=channel&list=UL

  19. I am more then happy if i can get average 8% per month on trading, with reasonable DD, but for retail investors that is no good, and that´s why they continue to search and search and search and they end giving up. Wish you success,
    Hi Eggzactly, I stll recall your old scalping thread where you had a 90%+ success rate scalping for 5 pips TP and an actual SL of around 7 pips. You said it was effective in both trending and ranging periods probably because of the small TP and using 10 pip constant range bars. One day you made 100 pips. Was that strategy no longer profitable over a long period? Even if you averaged just one-fifth of the 100 pips a day that would still be great. If you used a currency strength meter to find the the best trending currency pair that would help even more. With a 90% success rate it would seem you would almost never have a losing day. Just 20 pips a day is 400 pips a month. With a $1K account and $1 a pip that is $400 a month or 40% return a month. 1% risk per trade on $1K is $10 so that can easily cover the 7 pip SL. Averaging just 10 pips a day would still give a good return of 20% a month. I am not trying to be critical at all of your system, just would like to know if scalping for small pips is profitable and sustainable over a long period. Or do you eventually get too many whipsaw losses?
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