Simple as 1-2-3

forex live trades, setups, charts

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aliassmith
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Postby aliassmith » Sat Oct 01, 2011 2:47 pm

pp2 wrote:
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 ><


you are right price is the same, but i did not like heikin candles at all
for scalping they were strange. I currently use japanese candles which
do the job. PnF intrigued me because of the clarity, but the renko/range
bars are clean also and have the time element which I am not ready
to part with.
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prochargedmopar
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Postby prochargedmopar » Sat Oct 01, 2011 8:53 pm

Thx,

Thought this might interest YOU:

Comparison of 5 pip renko and 5 pip II_2box reversal eu:

http://screencast.com/t/aXOxuNCnkk


Also the "other" PnF indy I found using 3 box reversal alert:
No offline chart required, It's from forex-trading-made-ez.com

http://screencast.com/t/NkDv1oGHaq22

http://screencast.com/t/ote1OLMZ8DW

The one from ez is cool because as you switch time frames it automatically changes the "box" size to fit your predetermined settings.

It was coded by "Elias Gerbeth"??
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bredin
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Postby bredin » Sat Oct 01, 2011 11:39 pm

I did say this in the other thread, but..

To complete your comparison you should load the MA and the OsMA indicators onto the three P&F charts you posted.

Something I didnt mention in the other thread is that mine preserves the timestamps, thus leaving time available for analysis if desired.

I have not yet found an MT4 P&F indi that allows one to do further analysis....

eg:
Image
[provided for general example, not specific discussion]

the arrows are fractals
also on the charts is my D+extreme indicator slightly modifies to show the number of boxes to the extremes..


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prochargedmopar
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Postby prochargedmopar » Sun Oct 02, 2011 7:29 am

Hey Bredin,
I'm not trying to heckle you as your indy's are the Sheeeit.
I'll be using your PnF this coming week, Looks GREAT!!!
thx

Chappy, I think PnF could give you confidence to "hold for the crossover"!!!
:) cheers :smt033
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bredin
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Postby bredin » Sun Oct 02, 2011 9:34 am

sorry, pro
I did not mean to sound so terse :)

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dchappy
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Postby dchappy » Sun Oct 02, 2011 12:54 pm

Thanks guys , I am trying to understand them.

I need to watch it in real time this week also ......

dchappy
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Postby dchappy » Tue Oct 04, 2011 8:13 am

Someone has kindly sent me an indicator which plots a buy/sell arrow which

corresponds with the OsMa I have been using ....

Pretty Cool ..It also has an alert attached .

If interested PM me and I will share .....
Attachments
123.gif
123.gif (59.32 KiB) Viewed 365 times

pp2
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Postby pp2 » Sat Oct 08, 2011 1:42 am

Nice volatility this week!

Today's trades ---

Image

I leave the questions about stops and targets to your imagination :)
Last edited by pp2 on Sat Oct 08, 2011 1:52 am, edited 1 time in total.

pp2
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Postby pp2 » Sat Oct 08, 2011 1:47 am

Interpreting charts are easy ... fix your trading philosophy, once you do then you're going to kill the banks

Never give in, never back down!

dchappy
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Postby dchappy » Sat Oct 08, 2011 12:50 pm

pp2 wrote:Interpreting charts are easy ... fix your trading philosophy, once you do then you're going to kill the banks

Never give in, never back down!
:smt023 :smt023 :smt023 :smt023

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