Simple as 1-2-3

aliassmith · Post by **aliassmith** » Tue Nov 08, 2011 8:27 pm

pp2 wrote:I've been watching renko sema for a while now

if it is the case then WOW!

Well not exactly what I was looking at but you did just point out 1-2-3
patterns after a 3 sema.

Also looking into trading from a 3 until i see an opposing 2 or 3 only and
forget the ones.

Humble · Post by **Humble** » Wed Nov 09, 2011 1:39 am

I always thought you could use a 3 sema to exit a trade. ie place a close order at the extreme of the bar the 3 first formed on.

pp2 · Post by **pp2** » Wed Nov 09, 2011 5:28 am

Wow alias, that's as simple as simple can get

... but still looking at it in real time.

And thanks Humble, I will pay attention.

Humble · Post by **Humble** » Thu Nov 10, 2011 1:40 am

The day I posted that, the 3 "slipped" more than 50 pips on the AUDUSD,M5!

So long as I posted a profit, do I need to care if others posted a bigger one?

aliassmith · Post by **aliassmith** » Mon Nov 14, 2011 2:20 pm

pp2 wrote:Wow alias, that's as simple as simple can get ... but still looking at it in real time.

And thanks Humble, I will pay attention.

Looks a lot better in hind site it seems. The renko indi I have seems to
repaint. Oh well it was worth checking out anyways.

pp2 · Post by **pp2** » Tue Nov 15, 2011 5:00 am

aliassmith wrote:
pp2 wrote:Wow alias, that's as simple as simple can get ... but still looking at it in real time.

And thanks Humble, I will pay attention.

Looks a lot better in hind site it seems. The renko indi I have seems to
repaint. Oh well it was worth checking out anyways.

All sema indi's repaint don't they??

LOL yeah, I think the idea you presented is good in ranging but when it comes to trending --- beware!

HOWEVER, semas I've discovered are nice to see major direction. Yesterday I kept shorting the EU LTF renko --- luv the HTF [s]price[/s] wave action

aliassmith · Post by **aliassmith** » Wed Nov 16, 2011 2:02 pm

pp2 wrote:
aliassmith wrote:
pp2 wrote:Wow alias, that's as simple as simple can get ... but still looking at it in real time.

And thanks Humble, I will pay attention.

Looks a lot better in hind site it seems. The renko indi I have seems to
repaint. Oh well it was worth checking out anyways.

All sema indi's repaint don't they??

LOL yeah, I think the idea you presented is good in ranging but when it comes to trending --- beware!

HOWEVER, semas I've discovered are nice to see major direction. Yesterday I kept shorting the EU LTF renko --- luv the HTF [s]price[/s] wave action

The semafor indis do re-paint it is their nature. The problem I had was with
the renko re-painting

Maybe I'll find a better renko indi.

pp2 · Post by **pp2** » Fri Nov 18, 2011 11:23 am

I've been trying out the renko EA V 3.2 from here:

http://www.forexfactory.com/showthread.php?t=189584

Dial the max bars to chart to 10K from options/charts/ and works well.

I ran quite a lot of the script ones at one time and my pc had a lot of trouble running.

I haven't noticed any renkos repainting though!?

pp2 · Post by **pp2** » Fri Nov 18, 2011 11:45 am

I'm truly blessed to have found kreslik

renko with 1 hour overlay

A dilemma ... I do wish for it to be busier here but at the same time I don't want everyone to know my setups too but I find it encouraging that kreslik traders help each other selflessly.

Knowing in my heart trading is all mental but still if my charts can help 1 in a thousand then so be it, I'm happy.

Belkin · Post by **Belkin** » Fri Nov 18, 2011 12:45 pm

pp2 wrote:I'm truly blessed to have found kreslik

renko with 1 hour overlay

A dilemma ... I do wish for it to be busier here but at the same time I don't want everyone to know my setups too but I find it encouraging that kreslik traders help each other selflessly.

Knowing in my heart trading is all mental but still if my charts can help 1 in a thousand then so be it, I'm happy.

Using the renkos to get a Rat Entry with momo.?