Simple as 1-2-3

forex live trades, setups, charts

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Captain Pugwash
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Postby Captain Pugwash » Fri Sep 30, 2011 8:26 am

pp2 wrote:dc, whats the new MA indi you showing?


I believe it's: MA_in_Color_Tro_Modified_Version

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aliassmith
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Postby aliassmith » Fri Sep 30, 2011 3:38 pm

pp2 wrote:
aliassmith wrote:What renko indi do u use?


I'm using the script renkolivechart_v1.6 ... much cleaner than the indi


Thanks much, I am trying to improve my scalping and I like the look of these
renkobars. Kind of like PnF with time.
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noushina
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Postby noushina » Fri Sep 30, 2011 5:42 pm

@dchappy. your renko posts always inspire me.

R U making a living trading renko?

dchappy
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Postby dchappy » Fri Sep 30, 2011 9:20 pm

noushina wrote:@dchappy. your renko posts always inspire me.

R U making a living trading renko?


Yes Sir , I have been scalping a 5 renko chart .

However , when I get back home I plan to move to a 10 renko and work on

swing trading ..

If I can catch 2 or 3 swings a week like any of these , It will be more than enough ..
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dchappy
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Postby dchappy » Fri Sep 30, 2011 9:35 pm

pp2 wrote:dc, whats the new MA indi you showing?


Sorry , just saw your post
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prochargedmopar
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Postby prochargedmopar » Fri Sep 30, 2011 10:09 pm

Did you switch from 5/10 ma's to 2/5 recently?
Or do I have too many systems in my head and getting them confused?.?.?.
;)
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pp2
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Postby pp2 » Sat Oct 01, 2011 12:53 am

dchappy wrote:when I get back home I plan to move to a 10 renko and work on swing trading .. If I can catch 2 or 3 swings a week like any of these , It will be more than enough ..


Longer periods of trading drive me nuts so I don't think I will switch for a while, it would be interesting to see more of your analysis with 10 renko :)

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Postby pp2 » Sat Oct 01, 2011 12:55 am

dchappy wrote:
pp2 wrote:dc, whats the new MA indi you showing?


Sorry , just saw your post


Thanks DC and thanks Captain Pugwash :)

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Postby pp2 » Sat Oct 01, 2011 2:40 am

aliassmith wrote:Thanks much, I am trying to improve my scalping and I like the look of these renkobars. Kind of like PnF with time.


renko, range, heikin, Japanese candles, p&f etc... time or not, price does the same thing. Just that for me I find it easier to see with a renko similiar to DC's setup ><

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Postby dchappy » Sat Oct 01, 2011 12:28 pm

prochargedmopar wrote:Did you switch from 5/10 ma's to 2/5 recently?
Or do I have too many systems in my head and getting them confused?.?.?.
;)


Hi Pro , No you are not confused ..

But honestly the settings aren't that critical ..There are no " magic : #'s .

A faster MA will give an earlier entry, but allow bigger draw-down ,

I only use the MA's to try to pick out the best 1-2-3's and hooks ... and to help hold the trade longer

M. Parker once said to use your shoe size for 1 and double that # for the other ..he he .

I really should stick to one though .....( just bored , I guess )

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