I think the problem here is that most of us don’t know GG’s stuff from FF and the thread is a little daunting now with how big it is and somewhat complicated. I can understand GG not wanting to have to repeat a lot of what he taught years ago on FF but a small synopsis would have been beneficial. Remarks like  “You already have the (old) tools to…[Read more]

Well here is the thing. It has changed quite a bit since its inception as most systems do. Renko adds so many possibilities to test such as candle size..even the TF that the renko generator is run on changes the offline chart so I have been playing with a lot of…[Read more]

Well here is the thing. It has changed quite a bit since its inception as most systems do. Renko adds so many possibilities to test such as candle size..even the TF that the renko generator is run on changes the offline chart so I have been playing with a lot of…[Read more]

Here is the system JHLewis and I are currently using successfully.

It uses a renko chart set to H1 NOT M1. This clears out a lot of the noise.

50 ema channel for trend direction(blue and white)

Stoch 80/20 for OB/OS

MACD is a secondary filter I recently added to help with fakeouts as seen in the pic. Its color and if its above or below 0 are…[Read more]

Here is the system JHLewis and I are currently using successfully.

It uses a renko chart set to H1 NOT M1. This clears out a lot of the noise.

50 ema channel for trend direction(blue and white)

Stoch 80/20 for OB/OS

MACD is a secondary filter I recently added to help with fakeouts as seen in the pic. its color and if its above or below 0 are…[Read more]

Are you saying thats what is happening to you balrog?

GG where are these indicators that you mention. Searching only shows them mentioned on this forum so I am assuming its something made by you or a member here?

My numbers this week. 66 winning trades and 5 losing. The losers were obvious dumb trades. I need to do what Saver says he does and wait a set amount of minutes before i take my next trade. 4 of the 5 losing trades were taken after a winning trade and i tried to follow it.

My numbers this week. 56 winning trades and 5 losing. The losers were obvious dumb trades. I need to do what Saver says he does and wait a set amount of minutes before i take my next trade. 4 of the 5 losing trades were taken after a winning trade and i tried to follow it.

My numbers this week. 56 winning trades and 5 losing. The losers were obvious dumb trades. I need to do what Saver says he does and wait a set amount of minutes before i take my next trade. $ of the 5 losing trades were taken after a winning trade and i tried to follow it.

My numbers this week. 56 winning trades and 5 losing. The losers were obvious dumb trades.

Now do 10 of those a day Balrog!

I am using TradersWay VAR account which is spread based and the spread on the majors stays around 1.5 which is very good imo. Of course you have the occasional swap but there is no way around that.

I am using TradersWay VAR account which is spread based and the spread on the majors stays around 1.5 which is very good imo

Saver what method are you using to determine your trades? PA? indicator based?

Lets keep the negativity to a minimum people. This thread is to develop and work on Savers ideas that he was awesome enough to share. Stopping by to just spread your negative thoughts based on ignorance does no one any good. The above post could be said about any system and isn’t grounded in reality. If you aren’t interested then move on.

Great explanation Saver!! I already had a good handle on the theory but this helped a lot.

First day. Over traded but I still reached my goal of 10 trades a day at 1%.

In reality this method is best used with a non commission account since the EA take the spread into account. I switched my TW  from ECN to VAR and the spread isn’t that much higher.

btw if the time is off with your news you can change it in the mq4

In reality this method is best used with a non commission account since the EA take the spread into account. I switched my TW  from ECN to VAR and the spread isn’t that much higher.

btw if the time is off with your news you can change it in the mq4 http://screencast.com/t/ITEhLffVg1fM