​I don't get the 66 brick size... I have had a look through each picture, and they are all brick size of 50 pips... Remember that a completed brick is 50 pips (25 artificial, and 25 actual) as the image above shows. Mean Renkos also have a tail, to ...

Aggressively Simple Renko

​This is correct. there is an artificial opening on the mean renko, so the opening of the brick is set at he median point of the last brick, but price is already at the close of the previous brick. it effectively shows a 25 pip gain before anything ...

Aggressively Simple Renko

​Hi Tonny, good questions!!! First off the size of the stop loss is pretty much always the same. In my testing, and using the Mean Renko bricks (If you check back through the charts, all the mean renko bricks are the same size, and there are usually ...

Aggressively Simple Renko

Another order opened up on the Dow, and also the liability of the first order has been reduced as well. image I also took a bit of the liability off the USDCAD sell trade as well.

Aggressively Simple Renko

sorry, but the image does not really show much. It could be that the price action is more of an evening star, with the Doji showing that the bulls are stalling, and there is a start of equilibrium in the market. The next candle would prove that the ...

anyone need help?

USDCAD buy trade was closed out for -$7.65 in total (including swap). Funnily enough in all my modelling i always start with a loss... hopefully it follows the same logic and goes on a bit of a run into profit!!! I did slightly hedge against the ...

Aggressively Simple Renko

The USDCAD is a bit choppy, so as per the rules, I have entered a sell. This should mean I am effectively hedged, but could still mean a double loss. Will see how it plays out. You may think that the entry is slightly off - which it is, but part of ...

Aggressively Simple Renko

yep that's right. Mean renkos have an artificial opening, so when candle A closes, candle B closes half way up Candle A... so in a clear trend, at the close of every bar, you have 25 pips gain. What this means is that it helps to view a bit of price ...

Aggressively Simple Renko

Thanks for your input, However Range bars are different to Renko and Mean Renko. ​ Renko bars and Range bars do not give the same clear places to add to your position and move stops. I also think they look completely different... Using range bars ...

Aggressively Simple Renko

They would actually both be taken. I simply did not look that far back on the charts... I was only trying to demonstrate the power of the system when you get 2 or 3 trades in a row. The system is based on a numbers game. As long as you can maintain ...

Aggressively Simple Renko

​Right, the mean renko charts can be found here url for Metatrader 4 There is a 15 day trial on it and the information on the site will take you through the installation, and how to use them.# Make sure you that you choose the MEAN renko... After ...

Aggressively Simple Renko

Those are Renko, not MEAN Renko. This system uses mean Renko... A big difference! I will get a link for the Renko charts I use when I am at a computer!

Aggressively Simple Renko

So will I!!! Lol

Aggressively Simple Renko

I think I am getting confused they are 50 pip breaks generated from 250 points... On the forex pairs.... On the Dow it is a setting of 25 for 50 pip bricks...

Aggressively Simple Renko

By the way the figures in the first post in terms of the money management, and how it differs is in the table below. Series two is the fixed ratio system... image It will be interesting to see what the draw down is on each one... I tried doing a ...

Aggressively Simple Renko

​The template is very easy, stoch 5,3,3, sma of 25. The difficult bit is getting the mean renko charts... let me know if you need help finding somewhere that does them. Also, if you are going to join in, please only use demo. The simple reason is ...

Aggressively Simple Renko

Hi MrPradeep, settings are 250 brick for the Mean renko, and 25 SMA. normal Stoch settings. for the Dow it is 25 brick, as there are no micro pips associated with them. Because they are mean, each break is 50 pips... hope that makes sense! Entries ...

Aggressively Simple Renko

To be honest, this is still in live test mode, so I am not really concerned with Sharpe ratios. Over time of course, the sharpe ratio will be presented in the TE (I think, or it may be a myfxbook thing.... cant remember....). I am not sure of the ...

Aggressively Simple Renko

​No, the brick size is 50 pips, but this is mean renko... The way that the strategy usually happens is that a reversal happens and two bricks later, the signal appears - but that is a generalisation. Sometimes it will be the third brick it will ...

Aggressively Simple Renko

​Its a SMA 25, but that is only the starting settings, as this will be optimised going forward - I was looking at the EMA, but too be honest it didn't add much, and didn't really like the way it was performing out of the box.... it will be looked at ...

Aggressively Simple Renko