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Re: No Nonsense Forex - Indicators
Posted: Tue Oct 18, 2022 12:55 am
by Ogee
chickensword wrote: Tue Oct 18, 2022 12:45 am
how do you use renko arrows?
i have wpr obos is that what you use?
wpr or stochastic obos exits can usually be tuned to work well but my favourite is this one below, like all these types they work best in trends.
(edit set to 4,4)
Re: No Nonsense Forex - Indicators
Posted: Tue Oct 18, 2022 1:40 am
by shinnosuke
Ogee wrote: Tue Oct 18, 2022 12:55 am
wpr or stochastic obos exits can usually be tuned to work well but my favourite is this one below, like all these types they work best in trends.
(edit set to 4,4)
Forex_Trend_Champion alerts.mq4
a2.PNG
Thanks ogee. Can you share the sets too?
And what renko size you used bro?
Regards.
Re: No Nonsense Forex - Indicators
Posted: Tue Oct 18, 2022 1:52 am
by xpf2003
Ogee wrote: Tue Oct 18, 2022 12:55 am
wpr or stochastic obos exits can usually be tuned to work well but my favourite is this one below, like all these types they work best in trends.
(edit set to 4,4)
Forex_Trend_Champion alerts.mq4
a2.PNG
Do you have any blogs/videos you can point me in the direction of to understand how to use Renko to trade? The picture you have posted looks very tempting
Re: No Nonsense Forex - Indicators
Posted: Tue Oct 18, 2022 3:14 am
by Ogee
xpf2003 wrote:
Do you have any blogs/videos you can point me in the direction of to understand how to use Renko to trade? The picture you have posted looks very tempting
shinnosuke wrote:
Thanks ogee. Can you share the sets too?
And what renko size you used bro?
Regards.
Just to clear this thread see this post ...
viewtopic.php?f=579496&t=8472263&p=1295 ... 1295492895
Re: No Nonsense Forex - Indicators
Posted: Wed Oct 19, 2022 7:22 am
by asbestosman21
1. Average True Range for SL and TP placement, and also for pullback range;
2. Kijunsen for Baseline;
3. SSL Channel for 1st Confirmation;
4. Absolute Strength Histogram for 2nd Confirmation;
5. Waddah Attar Explosion for Volume / Volatility .
Please let me know if it is possible. I can definitely pay for your time as well.
Re: No Nonsense Forex - Indicators
Posted: Thu Oct 20, 2022 6:05 pm
by Centaur
Stoch RSI
The stochastic of the relative strength index with a signal line. Can be used as a two Line Cross or a 50 line cross (zero line cross) or as over bought or over sold thresholds.
Re: No Nonsense Forex - Indicators
Posted: Thu Oct 20, 2022 8:58 pm
by Centaur
asbestosman21 wrote: Wed Oct 19, 2022 7:22 am
1. Average True Range for SL and TP placement, and also for pullback range;
2. Kijunsen for Baseline;
3. SSL Channel for 1st Confirmation;
4. Absolute Strength Histogram for 2nd Confirmation;
5. Waddah Attar Explosion for Volume / Volatility .
Please let me know if it is possible. I can definitely pay for your time as well.
I don't want money, just note I'll post the EA on Forex Station. Lets start by writing the indicators for your system.
You are missing an exit indicator? Also if you can confirm entry and exit rules formally, including a formal money management system.
Re: No Nonsense Forex - Indicators
Posted: Thu Oct 20, 2022 9:44 pm
by Centaur
Kijun-sen
Is average between highest high price data and lowest low price data for the Kijun lookback period.
Re: No Nonsense Forex - Indicators
Posted: Thu Oct 20, 2022 10:30 pm
by Centaur
SSL Channel
Semaphore Signal Level Channel
Re: No Nonsense Forex - Indicators
Posted: Fri Oct 21, 2022 8:23 am
by Centaur
Absolute Strength Histogram
Converted from MT4, did not include all the visual displays...