Renko bricks are hiding the real price movement. I want to build fixed sized bricks that show the real price movement. If that makes sense. Apologies if my request is stupid or confusing.

MTH Accel Shift- Advance Renko Trading System (ARTS) MT4 b600

Basically to build a fixed sized brick based on any price movement. So for example if I had a 10 pips brick size. It would build a brick on the chart for any price movement that is 10 pips in range. I think this is what range bars are? Regards Neio

MTH Accel Shift- Advance Renko Trading System (ARTS) MT4 b600

Hi Kiads, Is there any indicator that you have that just builds bricks based on the actual range? Or is there a way for me to configure the existing indicators to achieve this? Regards Neio

MTH Accel Shift- Advance Renko Trading System (ARTS) MT4 b600

Many thanks. Understood. Don't use wicks on Renko.

MTH Accel Shift- Advance Renko Trading System (ARTS) MT4 b600

Hi Kiads, Many thanks for your thread, pictures and indicators. I am quite new to Renko and trying to understand about the wicks. If you have standard Renko with no shift and you enable wicks do the wicks always show where price has been? Or does it ...

MTH Accel Shift- Advance Renko Trading System (ARTS) MT4 b600

Hi Jhlewis, Great looking chart... ...also love this thread and some of the things that I have gleaned from it... Here is my own chart that I have created based on the concepts taught here... image

LFX Trading Proverbs

Sounds great! Congrats. Would be interested to see any results based on trades taken from this.

The similarity system

Looks great Saver but what is it showing? The level of recurrence in each pair over different timeframes?

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If you can't be bothered to take the time out to read and understand the thread then it is probably best that you just go on believing that we are talking about support/resistance and pivot points.

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Thank you for all your comments so far... It appears we are all in agreement. I just wondered as a couple of times I have heard people mention a second proposition but in my mind their is only one proposition with a definition. According to Eurusdd ...

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image This has always intrigued me so maybe we could initiate some discussion around this to finally clear this up. I don't have a degree in mathematics or anything like that but have studied these statements. Are we really talking about two ...

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Hi Kprsa, Do you not mean height? Regards Neio

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Great posts Rahimseven, However caution must be exercised with that as sometimes there are these rare events. Yes they are rare but could be enough to blow someone's account if their money management is not correct and they have certain ...

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Lol it is not very clear....It looked like you were yawning at my post!!!???

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Care to elaborate? What I am saying that what he is pointing out looks easy when you view it that way but in practice it is different. If it was that straightforward why are people trading it differently? My original post was not to say ...

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Ah ok. It was the question that threw me.

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I have traded it that way. Ultimately for me it did not work when price was trending strongly. Also how far would you have the stop? There will be drawdown even on the ones that return thus also risk taking out your stop. Perhaps it was my own money ...

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You're welcome. Hope it helps.

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Sorry i'm not on your wavelength.

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Hi SunSaltwater, I like your posts but the reality is when the market trends you will find that some areas are not returned too. This is where the danger is. Regards Neio

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