Hi Brother, Sorry for late reply..

Thanks for posting.

Please try this one, and let me know if you still get same problem..

Hope it help and best regards

MTH

Hi Brother,  Just follow your Daily Chart.  When there’s conflict signals between TF you should look at higher TF as reference. You may take the lower TF signal but should consider it, as ‘counter trade’ with tight SL and TP.

Hope it help and best regards.

MTH

Hi Brother,  Happy New Year too..

Yes of course, since on Daily chart SnS will look only complete daily candle to put ‘her’ signal, while on H4 chart, SnS will put ‘her’ signal on any H4 candles that confluence with signal on Daily Chart.

Hope it help and best regards

MTH

Hi Brother,  Happy New Year too..

Yes of course, since on Daily chart SnS will look only complete daily candle to put ‘her’ signal, while on H4 chart, SnS will ‘her’ signal on any H4 candles that confluence with signal on Daily Chart.

Hope it help and best regards

MTH

Hi Brother, of course there will be no TZ at your marked area, bricks configuration at that area don’t has enough length for your h choice TZ.

btw, try to turn off  timely brick (set to false) that create the parallel bricks, so you could get pure geo-renko chart.

TVI on renko chart will not so good, since tick volume data on renko chart is…[Read more]

Yes Brother,  maybe different with your projection concept but sometime geometrical angles projection is amazing and fun too… hehehe..

Happy Trading and Best Regards

MTH

True, but they must comply to the following rules:

1. Always stay within the High/Low. We are not “inventing” price that doesn’r really exist.

2. They must have a consistent formula/equation to correlate to actual price movement most of the time.

G.

From geometrical point of view there so many ‘moment’ when ‘close price’ in opposite with current angles… lol.

That’s great Brother..

MTH

I don’t think that it is fair or good behaviour toward SteveHopwood site and to the author and contributors of HGI.

Share, contribute, ask, discuss – @SteveHopwood, the originator.

G.

Quite simple.

Instead of staring at one line chart I stare at two…

They are very much correlated most of the time, but sometimes they don’t.

When they don’t correlate, and in opposite direction within the same bar – the “Close” price will move almost immediatly to the “sentiment” line.

G.

Quite simple.

Instead of staring at one line chart I stare at two…

They are very much correlated most of the time, but sometimes they don’t.

When they don’t correlate, and in opposite direction – the “Close” price will move almost immediatly to the “sentiment” line.

G.

Right, I dont use candles.

My view about candles is already explained here, in this thread.

G.

I think that your thoughts are “bounded” by the line chart and the close.

Isn’t there another way to draw price chart?

Maybe that “other way” is also quite accurate in presentation of price movement.

…and what if the “close” price contradict the direction of the “other way” chart?

G.

I thinks that your thoughts are “bounded” by the line chart and the close.

Isn’t there another way to draw price chart?

Maybe that “other way” is also quite accurate in presentation of price movement.

…and what if the “close” price contradict the direction of the “other way” chart?

G.

This is wrong assumption to start with.

Gap between previous close and current open could happen, and many times it is, because of signal or feed delay between last close and current open.

G.

Your definition is correct, but I’m not using any tick average although it might work too. I didn’t test it.

G.

Hi Brother,

Since my renko chart default is my invented geo renko (1/8 th step of brick length that will create 45 / 315 degrees angles). So, 1 turning point from bullish brick to bearish brick v.v.  will need 16 bricks or 32 bricks for complete cycle.  so, for TZ in renko you can set your wing (h) as 8, 16 or 32, but I prefer 16.  No matter th…[Read more]

Hi Brother, the length of h is relative to conditions..

but you could use common sense to select your h.  The default setting h =21 is for Daily chart, as we know that 1 month trading days is around 21 days averagely.

M15 h=16, M30 h=8, and H1 h=4, meaning each wing forming 4 hours candle.. , so one TZ will has length of 8 hours or…[Read more]

1. I consider a candle that the sentiment (or “true” value) is in opposite direction to the Close.

2. Trade should be placed immediately on bars close that confirm #1.

3. Depends on TF, but almost always within just 1 or few bars.

4. No connection to the similarity/Disimilarity (which is just another fancy name for waves, in my opinion).

5.…[Read more]