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Thread: forexoc Renko 10 pip ea

  1. #1
    Junior Member
    Join Date
    Jan 2011
    Posts
    10

    Default forexoc Renko 10 pip ea

    New to your thread, but here is a few indis that you will need for the tlp. This is useing Renko ashi script, with 10 pip settings ,open a m1 chart add renko ashi script , i am sure your know this , then open the chart offline in M2, and add the template. The indicators listed, 2- sets of Starc Bands , #1- settings
    6, 25,1.8, shift =1, gold for color, and color white ma line to black,# 2- settings 4, 15, 1.35, shift = 0 useing grey - dash lines , color the white ma line black, add the non lag ma - v7.1, 2x, #1- settings 28, color back =2, the nonlag may or not be use if an ea is created, it"s for find the trend.
    and #2- settings to 140 , and add the pipsimeter, for counting all the pips you are going to make,
    The non lag indi gives a trend and direction, I wait for the dash grey line to go outside the gold line and when it crosses back "in" place the buy or sell. You have a upper and lower band , to close the trade , use the oppisite upper or lower band cross to close the trade. If the trade closes and the line cross again on the same upper or lower band , reopen that trade in the same direction. I have traded this manuel and it does work . You"all may come up with some better settings. I don't know how hard it is to code a reko ea, because of tick data, but if funyoo could code this it would be great.
    Let me know what you think?



    forexoc
    Attached Images Attached Images forexoc Renko 10 pip ea-fxoc-renko-10-pip-starc-non-lag-gif forexoc Renko 10 pip ea-fxoc-renko-10-pip-starc-gif 
    Attached Files Attached Files

  2. #2
    Junior Member
    Join Date
    Jan 2011
    Posts
    10

    Default Non Lag Templ

    Here is another template with the non lag indi's and pip meter, Hope you can make some pips with the system. Funyoo, I hope you can make an ea with a script, or I will have to find a renko indi.

    forexoc
    Attached Files Attached Files

  3. #3
    Junior Member
    Join Date
    Jan 2011
    Posts
    10

    Default Gbp Usd 10 pip

    Here is a pic of Gbp Usd
    Attached Images Attached Images forexoc Renko 10 pip ea-renko-gbp-usd-10-pip-gif 

  4. #4
    Junior Member
    Join Date
    Jan 2011
    Posts
    10

    Default Diagram for New Renko EA

    Funyoo, here is a diagram of the proposed new ea, Thanks in Advance.

    forexoc
    Attached Images Attached Images forexoc Renko 10 pip ea-renko-gbp-usd-10-pip-ea-diagram-gif 

  5. #5
    Junior Member
    Join Date
    Jan 2011
    Posts
    10

    Default Price Line Renko Chart

    Here is a Price Line renko chart, a line chart may work better for the ea as far as entry's and exits.
    I am open to any modifications, to this renko system. If anyone has a profitable renko system please post your findings.

    forexoc
    Attached Images Attached Images forexoc Renko 10 pip ea-renko-gbp-usd-10-pip-ea-diagram-price-line-gif 

  6. #6

    Default

    I like this setup, seems very clean and clear, especially the line chart. I was wondering if you still trade this or if you have improved upon it at all or went to something else?

    Thanks.

  7. #7
    Junior Member
    Join Date
    Jun 2011
    Posts
    1

    Default

    hello mr.forexoc

    It's very interesting setting.
    I wonder what indicator is used to display with white colored line on picture #5 ?
    I'm not sure, but I think it's just renko.
    Thanks in advance.
    May the pips with you.

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add, bands, color, funyoo, gold, indicator, indicators, profitable, renko, system, trend, usd

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