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tradestar1 replied Dec 9, 2018Good luck in your endeavors...... Hope you find a methodology that suits you.
Range and Renko Trading
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tradestar1 replied Dec 9, 2018Where do you see me talking about pullbacks.... Everything I do is about continuations of movement and direction changes.... So chill out.... Your missing the entire point of this technique. As to my quote of divergence I just found it hilarious.....
Range and Renko Trading
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tradestar1 replied Dec 9, 2018LOL... At the risk of being redundant, let me reiterate...
..... Love it.........Range and Renko Trading
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tradestar1 replied Dec 9, 2018?????? This is a great time for day traders. We need the volatility.... Sucks for trend traders though.
Range and Renko Trading
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tradestar1 replied Dec 9, 2018You can drive yourself crazy trying to optimize a MA cross Longer MAs = smoother crosses ... But later entries... So you have to find a happy medium you can live with.
Range and Renko Trading
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tradestar1 replied Dec 9, 2018That would put you in against the signal and would be a tremendous money loser.
Range and Renko Trading
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tradestar1 replied Dec 9, 2018Hey VEE. The video was a simple MA cross over that was always in the market either long or short. A little later I did a small sampling of no target and always in long or short. It was a bit more profitable..... And I also did a small sampling of ...
Range and Renko Trading
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tradestar1 replied Dec 9, 2018This time of night .... It was probably you.....LOL... Just kidding ya. Actually the was my first attempt at recording a screen and I purposely recorded it at 480. Wasn't sure how much space it would require. So yeah it probably was a little fuzzy. ...
Range and Renko Trading
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tradestar1 replied Dec 9, 2018I did a backtest with the Motivewave replay feature and from 8:00 AM to to the last trade at 11:23 AM here are the results 578 trades and $3,095 return... Commission cost was a little over $1090.... This was an SMA 1 SMA 5 Moving average cross ...
Range and Renko Trading
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tradestar1 replied Dec 8, 2018I skimmed through this thread and nobody ever did the math.... If you can't do the math your chances of success are slim... A simple excel spreadsheet to figure that out. $100 X 10% for 100 days...... Of course this is a perfect return with no ...
+10% Profit per day
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tradestar1 replied Dec 8, 2018Here is a sample of Motive wave replay mode of the YM DEC 18. The parameters of this MA cross sample are 1 for the fast SMA and 7 for the slow SMA. A slower MA has it's benefits and if targets are set the odds/probabilities can be improved. This ...
Range and Renko Trading
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tradestar1 replied Dec 8, 2018Yup range bars are far superior to standard candles which are time based. The hollow candles are trend candles. I also use an RSI bar set at 3, 50, 50. For the dow mini I think all you need is the "YM DEC 18 ECEBOT. .. But then I don't know which ...
Range and Renko Trading
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tradestar1 replied Dec 8, 2018Here we are for Dec. trades and stats so far.... Also since inception of this test. This has been a very forgiving system that allows even for my inconsistencies .......
Range and Renko Trading
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tradestar1 replied Dec 7, 2018OK... here are this mornings trades using the auto trader. The auto trader opens a position upon activation... by me. Now that takes a little attention and reflex especially in a fast market like the NQ this morning. After it opens the trade is ...
Range and Renko Trading
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tradestar1 replied Dec 7, 2018Actually if I stay out of my own way the entry with set TP and SL are no problem and my returns would be even better. I have found that in order to do that once I have place the entry order with the TP and SL bracket orders I am better off if I just ...
Range and Renko Trading
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tradestar1 replied Dec 7, 2018Yes most of the trades are from the original ruleset. But with that said this method has a great deal of flexibility and I do bend the rules a bit sometimes. I find the first 2 hours of the US open are the easiest and fastest to get your trades. My ...
Range and Renko Trading
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tradestar1 replied Dec 6, 2018Using the basic method ... The 10 50 SMA cross only one of the trades would have been a valid entry. There would have been a valid short before the first long as well so could have had 2 , $100 wins using the valid original method. Sometime slower ...
Range and Renko Trading
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tradestar1 replied Dec 6, 2018This mornings trades. First trade took $50, second trade $55 loss, and third trade $105 win. Done for today. These entries were made using a much faster MA. By using the SMA 5 you get in early but the chance of whipsaws is far greater.
Range and Renko Trading
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tradestar1 replied Dec 5, 2018Here are a couple quick $50 wins more along the original ruleset. The last trade would have been a 3-1 reward to risk ... These were testing an automated entry system I have been working on so I am not recording them in the trade list.
Range and Renko Trading
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tradestar1 replied Dec 5, 2018Guess I'm glad to have made that late trade yesterday evening since the markets are closed today ... Hope globalist george has a nice conversation with traitor mcstain......
Range and Renko Trading