RickM I never try something new with a demo account because I know I would not learn as much as trading using a real account. On top of that many times the price shown on a demo account and the data flow is not the same as on the same broker's real ...

How to lose money

Renaissance please take a look at the video at post #119. It is from nononsenseforex. If you want to retrain your brain to trade the daily chart you might want to join that group. I also believe that the big banks are the enemy of retail traders. ...

How to lose money

Never give up we all had atrocious days. I'm trading GBPJPY with a stop loss of 250 pips and only a few times my stop loss was hit. No pain no gain.

How to lose money

Best is to make a request in thread 166758. I'm sure you will find someone there to help you.

Lets Automate a Simple Renko Strategy!

This is because there is a 74% negative correlation between EURUSD and USDDKK on a daily chart. The negative correlation increases when you reduce the time frame. I use this site to check the correlation between currency pair. url

Is there anyone out there actually trading NOK, SEK, DKK?

Here is an indi that provides more information than only the pips range.

I will code your EAs and Indicators for no charge

Well said zamanib. Too many people think that indicators don't repaint or that there is a "Forex Magic Formula" that will ensure that all trades are winners. Forex trading requires learning and trying different systems until you have one that suits ...

Renko channel + Fast EMA = simple and profitable

I have a PC with the CPU in the top 15% with plenty of RAM. Before getting that PC I thought that my old PC was not fast enough to handle many Renko charts at the same time but this was false. The problem was not with the PC but with the limitations ...

Range Bars & Renko charts

Hi Mostafa, All mq4 files need to be compiled in order to use them in MT4. Just click on the mq4 file and the Meta Editor will appear. The Meta Editor will show you the title of the mq4 file and its coding. All you have to do is to press "Compile" ...

Free EA - Piggy n The Middle

Thanks Tekkies for the confirmation. Looks like my eyes are fine but can't real properly! Sizzles, would you mind sharing your automated Renko trading strategy? It might help traders like me that only trade manually.

Lets Automate a Simple Renko Strategy!

Hi everyone, Tekkies, to answer your post # 2,264 please note that I use the 2MA CrossOverWithPrice indicator since it provides alarms. There is no need for me to show the 10 and 21 EMAs on the chart but I like to see them as it confirms that the ...

Lets Automate a Simple Renko Strategy!

Hi Stearno, The problem is that some MT4 platform cannot print more than 1 candle per minute so if you would get a bunch of renko candle within 1 minute all you will get is 1 renko candle. The result is that it is nearly impossible to construct an ...

Indicator notifying if renko bars are created quickly?

I have been trading with Renko charts for a few years now but I trade manually using the crossing of EMA 10 and 21. T his is quite efficient on currency pairs that have a high daily ADR because in order to obtain that high ADR the currency pair ...

Lets Automate a Simple Renko Strategy!

Good Day MathTrader7, I'm very impressed by the work you are doing for the FF community and I thank you. I have attached 3 Renko 10 pips charts as follows: M9 shows a normal Renko chart M10 shows a median Renko chart M11 shows a no-gap Renko chart ...

Non-gap Renko Chart Creator EA

I rated this system excellent because it works for people who have never traded using Renko charts and also because of the hard work done by Hamdysalah in developing and explaining how the system works. On the other hand I find that too many ...

Extreme analysis system (Renko charts + Candlestick charts)