[REQ]Forex Lines

[zabidin2]

Hi,

 

Does anyone have this system? Please share here.

 

Source: http://forex4live.com

 

Thanks.

[rick1713006413]

This has been shared here B4.....it is a Major Repainter.....they are feeding you a "Line"...>:D<

[forexfx]

please share version 6

 

thanks

[Dutchie]

What's with the affiliate link dude?

 

Trying to sell us C.R.A.P.?

[salman]

plz share >>>

[Trend Follower]

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://www.medi@fire.c0m/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 December 2, 2012 by Trend Follower

[sureshb]

can u pls reupload it its deleted

[Trend Follower]

  sureshb said:

can u pls reupload it its deleted

 

It's still there my friend... Just change the x's, @ and 0 in the link.

[sureshb]

ok got it thanks

[Trend Follower]

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 December 4, 2012 by Trend Follower

[sureshb]

Thanks for the info Trend Follower good setup the change looks a lot better :)

[Trend Follower]

http://farm9.staticflickr.com/8350/8241714576_7d979b1696_b.jpg Edited December 3, 2012 by Trend Follower

[sureshb]

Is there any box size setting in this one if yes what is the best box size for euro usd and gold ..

[Trend Follower]

  sureshb said:

Is there any box size setting in this one if yes what is the best box size for euro usd and gold ..

 

I'm using the standard setting of 10 for box size.

I'm not sure whether different box sizes should be used for different assets, so I'll just stick to standard settings for now.

[hermes]

General approach on Renko: 10p box size is used for intraday trading and 30p for long trades like Daily TFs. Scalping 5p box.

Hermes

[Trend Follower]

  hermes said:

General approach on Renko: 10p box size is used for intraday trading and 30p for long trades like Daily TFs. Scalping 5p box.

Hermes

 

Thanks for your contribution Hermes!

[sureshb]

Thanks Trend Follower and Hermes that was very helpful.