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Search: Posts Made By: yroyal
Forum: Traders Hideout November 10th, 2009, 01:49 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Wiz, where u pulled out this chart from ? :-)...

Wiz, where u pulled out this chart from ? :-) Excellent optimization of Chart settings and indicators ! Try to be always IN on this chart and see how it goes...

Impressed by Jeff's indicators,...
Forum: Traders Hideout November 10th, 2009, 01:12 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Kronie, I am always in the market. Dont use stop...

Kronie, I am always in the market. Dont use stop losses. I wait for the indicator to reverse signal and take my profit or loss accordingly. This should work on slower charts...

If you are trading...
Forum: Traders Hideout November 8th, 2009, 02:18 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
You should get it on historical data too. You are...

You should get it on historical data too. You are goofing up somewhere... try loading more historical data and use smaller value settings for MedianRenko. Currently I use SBSRenko charts to trade.....
Forum: Traders Hideout November 8th, 2009, 02:09 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
thanks Sharky for your settings... although i...

thanks Sharky for your settings... although i have played with StepMA a lot, yet would like to understand how changing the Kv, Length, Stepsize, TenthPip have an effect on it...
Forum: Traders Hideout November 7th, 2009, 11:26 PM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Zoethecus, I am following this strategy since...

Zoethecus, I am following this strategy since over two months, when I started trading with MedianRenko charts and Eco2new.

I can give you exact details of each trade, winners/losers, win/loss,...
Forum: Traders Hideout November 7th, 2009, 03:47 PM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
It happens rarely. Most of the cases when it...

It happens rarely. Most of the cases when it happens, the subsequent bar doesnt cross the high/low of the previous bar. We take positions only above the high or below the low. So the signal is...
Forum: Traders Hideout November 7th, 2009, 03:20 PM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Yes Cory. As traders we always intend to take...

Yes Cory. As traders we always intend to take very small profits and ESCAPE from the market.... why not turn the tables ?

Be always IN... now can the markets ESCAPE ? The big moves cant be...
Forum: Traders Hideout November 7th, 2009, 03:08 PM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
My Rules In Finer Detail : 1. I am a day...

My Rules In Finer Detail :

1. I am a day trader. Dont carry positions overnight.

2. By Slower charts I mean those settings which capture the dominant trend or swings of the day.

3. Enter...
Forum: Traders Hideout November 7th, 2009, 01:13 PM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Thats why I said in my earlier post (#1557)......

Thats why I said in my earlier post (#1557)... Put a STOP to your stops ! :-)
Forum: Traders Hideout November 7th, 2009, 12:55 PM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Enter Long on Blue, Exit on Red Enter Short on...

Enter Long on Blue, Exit on Red
Enter Short on Red, Exit on Blue

The Paintbars are Eco2New. I am not using any other indicators.

I am always IN the market. This way I make sure I dont miss...
Forum: Traders Hideout November 6th, 2009, 10:41 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Today's Price action was an excellent example of...

Today's Price action was an excellent example of how you can avoid bad trades by trading only in the direction of the stepMA. There were three winning trades only.

On shorter interval charts,...
Forum: Traders Hideout November 6th, 2009, 09:45 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
If you are inclined to use a shorter interval...

If you are inclined to use a shorter interval chart for smaller stops, then you need an additional filter to trade in the direction of the dominant trend.

The StepMA is a good tool to show you...
Forum: Traders Hideout November 6th, 2009, 02:51 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Euro, CL, ES all should look clean on a slower...

Euro, CL, ES all should look clean on a slower chart. Liquid markets behave the same world over. There may be differences in volatility though. Any instrument with an average daily volatility between...
Forum: Traders Hideout November 6th, 2009, 01:56 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
I was a happy man yesterday :-) 3 fair winners...

I was a happy man yesterday :-) 3 fair winners and one small loser.

Note that I am using a slower chart, to capture the whole major swings.
Forum: Traders Hideout November 5th, 2009, 11:45 PM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Yes true, it may lead to confusion :-)

Yes true, it may lead to confusion :-)
Forum: Traders Hideout November 5th, 2009, 02:23 PM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Cory, read carefully. I said resultant 'Range'...

Cory, read carefully. I said resultant 'Range' bar. The charts you have shown are SBSrenko bars, not Range bars.

The SBSrenko bars can be max upto 3 times your set value. A 4 tick SBSrenko bar...
Forum: Traders Hideout November 5th, 2009, 02:08 PM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
DavidHP, the idea is not to be always right. The...

DavidHP, the idea is not to be always right. The idea is that our indicators should be responsive enough to reverse the signal as the market changes direction, for a small loss or breakeven.

Then...
Forum: Traders Hideout November 5th, 2009, 01:38 PM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
The MedianRenko is programmed in a way that it...

The MedianRenko is programmed in a way that it shows every tick on the chart, unlike traditional Renko Bars. Thats possible only by shifting the open of the new bar below the close of the previous...
Forum: Traders Hideout November 5th, 2009, 03:30 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Lolu, the chart settings for Range bars and...

Lolu, the chart settings for Range bars and MedianRenko bars are a function of the Tick Size you have set for your instrument. A value of 200 means 200 x ticksize.

Goto Tools --> Instrument...
Forum: Traders Hideout November 5th, 2009, 02:13 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Put a STOP to your Stops ! Cunparis, I dont...

Put a STOP to your Stops !

Cunparis, I dont use Stops. Sounds wierd I know, but makes sense and you will make more from the markets.

The key is to find rock solid indicators that seldom fail...
Forum: Traders Hideout November 4th, 2009, 12:42 PM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Cunparis, dont try to automate your strategy,...

Cunparis, dont try to automate your strategy, instead use the medianrenko for manual visual trading. I personally use the Eco2new indicator by Sharky. It works especially great on MedianRenko charts....
Forum: Traders Hideout November 4th, 2009, 11:09 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Jeff, you will get it in the Format Data Series...

Jeff, you will get it in the Format Data Series dialog box ( Ctrl-F)..

Cunparis, I dont trade the CL, so wont be able to suggest a setting, but upon trying you will soon arrive at a proper value
Forum: Traders Hideout November 4th, 2009, 10:33 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Cunparis, the value will depend on the tick size....

Cunparis, the value will depend on the tick size. 50 would be too large for ES. You should try 4,8,10 probably.
Forum: Traders Hideout November 4th, 2009, 09:57 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
Pete, I havent encountered any problem with...

Pete, I havent encountered any problem with MedianRenko charts over about two months of using them. Try it yourself and see...

Jeff, I am curious how your indicators would work on a MedianRenko...
Forum: Traders Hideout November 4th, 2009, 03:09 AM
Replies: 2,477
Views: 1,272,892
Posted By yroyal
5 min charts are suitable for the 'purists',...

5 min charts are suitable for the 'purists', people who trade on price action alone. It requires great skill and self-discipline to trade on price action. Much is left to the trader's discretion. Its...
Showing results 1 to 25 of 26

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