Have you ever used Renko?
I haven't tested it out live yet but with playback it works nice.
I have the ES and Crude both looking good.
I'll have to try it with a contract to see if it responds different live.
yale student
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- aliassmith
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Re: yale student
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- LeMercenaire
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Re: yale student
aliassmith wrote:Have you ever used Renko?
I haven't tested it out live yet but with playback it works nice.
I have the ES and Crude both looking good.
I'll have to try it with a contract to see if it responds different live.
I play with it now and again. It never stuck - doesn't mean it's no good, just means my attention span needs work
- dojirock
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Re: yale student
hey A,
I recommend only using renko's in any format or range if you can include wicks. I have traded it extensively wicks are essential for PA or Momentum trading.
doji
I recommend only using renko's in any format or range if you can include wicks. I have traded it extensively wicks are essential for PA or Momentum trading.
doji
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
- dojirock
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Re: yale student
By the way, its great seeing others trading DOW, SP500, Crude, Nasdeq, Nikkei futures!
doji
doji
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
- dojirock
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Re: yale student
paweldobkowski wrote:aliassmith wrote:Nothing like being all hyped up to trade and realizing its GOOD FRIDAY.
I thought my data feed was broke.
hahaha
EXACTLY the same here
i almost reinstalled my platform
All around trading withdrawals!
doji
It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
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- dojirock
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Re: yale student
aliassmith wrote:Have you ever used Renko?
I haven't tested it out live yet but with playback it works nice.
I have the ES and Crude both looking good.
I'll have to try it with a contract to see if it responds different live.
1 point renko with wicks... example
doji
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It always takes Momentum to break Momentum!
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"
- aliassmith
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Re: yale student
dojirock wrote:hey A,
I recommend only using renko's in any format or range if you can include wicks. I have traded it extensively wicks are essential for PA or Momentum trading.
doji
I'll keep that in mind. I'm going to try my current setup live to see how it really reacts. I'll probably need to use hotkeys to get those orders in and out quicker. I think since I've been trading futures I've become more of a market structure trader, probably since I've study the inner workings of most patterns.
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Re: yale student
LeMercenaire wrote:I play with it now and again. It never stuck - doesn't mean it's no good, just means my attention span needs work
absolutely love that insight
haha
im gluten free intolerant
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Re: yale student
aliassmith wrote:Have you ever used Renko?
I haven't tested it out live yet but with playback it works nice.
I have the ES and Crude both looking good.
I'll have to try it with a contract to see if it responds different live.
i used to trade Renko
never sticked tho
i consider it a fancy moving average
therefore crude will be better for it than es
i know the guy who is exclusivelly trading it
of course there is more to it ---- as always
but the point is that it works
but i also moved more towards order flow so im no expert
im gluten free intolerant
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Re: yale student
GREAT TO SEE YOU DOJI!
thanks for stopping by
feel free to post anything you like here
i always appreciate your ideas!
thanks for stopping by
feel free to post anything you like here
i always appreciate your ideas!
im gluten free intolerant
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