Hi, It's the default MT4 indicator so 2 bars to each side of the middle bar, as for the entry, I'm now playing with channel breakouts (first fractal out of the channel) but they are mostly fancy fractal breakouts

Renko Trading Discussion

Here you can either use a local broker or handle all the taxation yourself, I know in the US every citizen is encourage to deal with his/hers own taxes but here, at least for me, it's not that clear and if you need to pay for CPA services, might as ...

Renko Trading Discussion

Managed to snag this one on Gold on my demo account, when all things are set and I'm comfortable with going live again, I don't think I'll be able to trade my beloved Gold for a (hopefully not a very long) time as the local broker I'll be using has ...

Renko Trading Discussion

Indeed, thanks, when I got to my screen I saw I've missed like, eight other great setups in different pairs but that's the game

Renko Trading Discussion

This is nuts! And it's the DAX so I know what you mean Sleep is for the weak!

Renko Trading Discussion

When TSL goes "right" I was sleeping, so no additional entries aside from the initial two

Renko Trading Discussion

When TSL goes "wrong"

Renko Trading Discussion

That's a wonderful structure, my friend

Renko Trading Discussion

My dog thinks the same, it's like "Oh, you're at the keyboard, eyh? Well, I'd like to interest you in my own needs" *LOL* I don't think I'll be one of those who keeps positions for months at a time so for me, I'm still thinking there might be a way ...

Renko Trading Discussion

I know *LOL* I'm just frustrated I'm not getting into the "good" trades and seems to be catching only the bad ones You are correct and I should enable TSL again, I had this fantasy of me being able to trade and have the time to do so well but that ...

Renko Trading Discussion

This is a typical set up for me, I get biased, open trades, whipsaw happens when life takes me away from my screen and when I finally get to back it looks like this, if I'm "lucky" and put a BE I need to be better

Renko Trading Discussion

Thank you very much for replying It would seem that way but no, that's why I like the 50 so much, none of the 5 and 10 would have made a difference in any of my marked areas of interest There is one place that maybe the faster MAs would have ...

Renko Trading Discussion

For myself, I don't like using more than 2 MAs, the spaghetti is causing me to jump the gun like crazy, tell myself imaginary stories about where and when the MA angles will change and such likes, fractals, on the other hand, when I get them right, ...

Renko Trading Discussion

Thanks for replying No, I got 1 pip from it (there's a trade somewhere in the down trend that closed and the trend continued without me, I should have circled it, will note that for future posts) It's just a high/low 50 EMA, nothing much, helps me ...

Renko Trading Discussion

That looks great, for me, looking at that price structure, choosing any bias would have resulted in a loss *LOL*

Renko Trading Discussion

Placed a break even mark before going to bed, thought I had enough wiggle room and woke up to this

Renko Trading Discussion

EURUSD, 5 pips Renko, using channel to restrict myself from over trading I thought the entry was too early but it turned out great, other times this type of entries are disastrous so I'm toying with it but not relying on it

One day

Managed to get BE on this, at least that

One day

NZDJPY, 5 pips Renko, using channel for disciplining myself Great entries, if I can say so for myself, was a bit worried before executing the second entry Entire position is secured by the SL line, now it's just a waiting game

One day

GBPUSD, 5 pips Renko, using channel for disciplining myself This was way way too early for the first trade, second trade's entry was much better

One day