Renko EMA 200 & NonLagMA strategy

Place your new trading idea here to see if someone can automate it.
User avatar
nanningbob
Trader
Posts: 4560
Joined: Sun Dec 04, 2011 1:23 pm

Renko EMA 200 & NonLagMA strategy

Post by nanningbob »

Here is Renko bar with my possible updated 240indi but using 60MA instead. I mean would it really work this way??
You do not have the required permissions to view the files attached to this post.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
chaveznqoos
Trader
Posts: 15
Joined: Wed Nov 16, 2011 1:25 am

Renko EMA 200 & NonLagMA strategy

Post by chaveznqoos »

nanningbob » Mon Oct 27, 2014 1:03 pm wrote:Here is Renko bar with my possible updated 240indi but using 60MA instead. I mean would it really work this way??
Hi Bob;
To be honest, I had never worked with Renko charts, and doubted its effectiveness, but today following the strategy of asoto, I've been surprised how market eliminates noise.

I personally would be very interested in your developments in this type of graphs.

Regards.
User avatar
nanningbob
Trader
Posts: 4560
Joined: Sun Dec 04, 2011 1:23 pm

Renko EMA 200 & NonLagMA strategy

Post by nanningbob »

chaveznqoos » Mon Oct 27, 2014 8:03 pm wrote:
nanningbob » Mon Oct 27, 2014 1:03 pm wrote:Here is Renko bar with my possible updated 240indi but using 60MA instead. I mean would it really work this way??
Hi Bob;
To be honest, I had never worked with Renko charts, and doubted its effectiveness, but today following the strategy of asoto, I've been surprised how market eliminates noise.

I personally would be very interested in your developments in this type of graphs.

Regards.
I have never worked with Rendo Charts either and it would see that if they really worked they would be in much wider circulation. But ................. being skeptical and not look and skeptical and look is the only way to learn. I will run this on some charts and watch and see what happens.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
User avatar
nanningbob
Trader
Posts: 4560
Joined: Sun Dec 04, 2011 1:23 pm

Renko EMA 200 & NonLagMA strategy

Post by nanningbob »

http://www.youtube.com/watch?v=VefSj_-356c

This is a good video on Renko bars and shows live movement of the bars so you understand how they work. I learned something new.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
User avatar
nanningbob
Trader
Posts: 4560
Joined: Sun Dec 04, 2011 1:23 pm

Renko EMA 200 & NonLagMA strategy

Post by nanningbob »

What Renko does and may work with the 240 indi is it so smooths out the indicator lines used that it gives wonderful entrances. The key will be if Steve's EA can work off of these Renko bars. If it does egads.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
User avatar
nanningbob
Trader
Posts: 4560
Joined: Sun Dec 04, 2011 1:23 pm

Renko EMA 200 & NonLagMA strategy

Post by nanningbob »

I have been sitting and staring at charts for hours and I still cant believe what I am seeing there has just got to be a catch somewhere. I am going to bed. I cant think anymore but look at this.
You do not have the required permissions to view the files attached to this post.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
User avatar
nanningbob
Trader
Posts: 4560
Joined: Sun Dec 04, 2011 1:23 pm

Renko EMA 200 & NonLagMA strategy

Post by nanningbob »

a bigger pic.
You do not have the required permissions to view the files attached to this post.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
ace81
Trader
Posts: 44
Joined: Thu Dec 26, 2013 6:31 pm

Renko EMA 200 & NonLagMA strategy

Post by ace81 »

nanningbob » Mon Oct 27, 2014 10:05 pm wrote:I have been sitting and staring at charts for hours and I still cant believe what I am seeing there has just got to be a catch somewhere. I am going to bed. I cant think anymore but look at this.
:good: Never see any beautiful picture like this..
Holy Grails coming soon :twisted: :twisted:
chaveznqoos
Trader
Posts: 15
Joined: Wed Nov 16, 2011 1:25 am

Renko EMA 200 & NonLagMA strategy

Post by chaveznqoos »

My God, this can not be true ........ I !! :o also think that there must be something beyond logic.

Bob, what size brick use..
guptabhk
Trader
Posts: 27
Joined: Sat Mar 03, 2012 3:29 pm

Renko EMA 200 & NonLagMA strategy

Post by guptabhk »

Hi,
here is the link for using renko in a normal chart through an indicator ,and a video to explain the methodology of installing and how to use it , hope it is helpful
http://www.forexrenko.com/?p=1
Locked

Return to “Ideas for Possible Automation”