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[REQ]Forex Lines


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  • 4 weeks later...
  • 2 weeks later...

FXLines with Renko & Heiken Ashi

 

Hey guys,

 

I have this system, but I slightly changed it. I am using it with Renko bars combined with Heiken Ashi which gives you the following image:

 

http://farm9.staticflickr.com/8067/8238130686_efa159d597_b.jpg

 

And yes it does repaint, but only the flowery stars at the extremes do. That's exactly why should NOT trade until you get the arrow combined with a color change in the Heiken Ashi!

As an extra confirmation I added the MBFX Timing indicator.... I usually work with a 20 pip stoploss. On the second day there was some consolidation, but as long as you had followed the rules you could still have made some pips on the various up moves.

 

hxxp://[email protected]/download.php?h4q1yn8r196lqir

 

It has proved me to be an excellent tool for scalping the M1 and M5 TF's too!!

 

Trading microlots, I turned $10.- into $70.- in less than two weeks!

 

You can contact me for any questions you may have...

 

Cheers!

Edited by Trend Follower
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For using the Renko, drag the expert onto your M1 chart, then go to --> File --> Open Offline and choose the M2 chart of the same pair.

Finally you need to drag the Heiken Ashi indicator onto your chart and you're set to go.

 

I have an extra M5 chart open WITHOUT the Renko, but with the Heiken Ashi for sharper entries & smaller StopLosses.

 

Happy Pip hunting!

 

Cheers...

Edited by Trend Follower
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