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Hello, all, thanks for the interesting treads.
Can anyone help with some tech issues please. I am trying to make a Renko EA for MT4 work, but cannot find hoe to get it from the MetaEditor into my Navigator. Probably some simple trick or windows thing, Thanks guys. |
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You will have to copy the renko ea into the experts folder in metatrader My computer program files metatrader experts..... copy it into there
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Quote:
download horisontal line
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Long time no post...
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Hello everyone. I am just a ghost from the past.. LOL. I see that folks are using the horizontal lines... KEWL very KEWL. I still use them but now I just use two lines per day. It's actually based on what TRO calls the Buyzone. Easy stuff. I take the high and low of the the 1st 4hrs and then just draw the lines. If the delta between high and low is greater than 40pips I subtract 20pips and then draw the lines.
I use this on the 4hr TF. Around Tuesday or Wednesday I start to look for entries. The entries are defined by a break out. If a candle breaks and closes outside of the lines I place a trade and set my stop on the other line (usual stop is 40 pips or so). Of course you do not take EVERY break out. Their are exceptions that I do avoid and do not trade. But it's basically the same as the Hlines approach. The big difference is that I am waiting to see a breakout and close... not a touch. You are more than welcome to ask questions (xmess777@yahoo.com) but I may not get around to answer them right away. My schedule is a busy right now and I do not frequent forums as I use to. Take care and keep it up. Jess |
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