System 2012

Hi Neomatic,

Thanks for your reply, that mean renko system just a tools to no make us confuse at candle stick, right? so the trading rules is still remain to same?

i noticed that in your graph, you not trade at the price first break the ALMA55 line, at you trade after a ranging, can i know what is the reason behind it?

sorry for my lousy english, and appreciate your reply.

Renko give you clear indication on where the price really going. Guru’s trading rules still the same.

On my chart. I did not trade when the price break the alma because of sometimes it just a pullback. So I need to confirm with the trend new and trend strength.

As you can see GBPUSD on this one. I long right before the arrow signal print on screen. Now it’s depending on your boxsize. My prefer is 5. But 3 is could make you trade more often.


hi Neomatic,

Thanks again for your explaination, currently i am more understand about this system for trade entry.

another doubt here, with changing on the box size, is that mean the arrow signal will print earlier or later?

thanks for your help again

box size mean how many pip change. For box size 3 mean render the box every 3 pips change. This way, The signal will come more often than box size 5.

So, in an even of slow movement market. Box size 3 was suitable.

Hi Neomatic,

thank you for your reply, finally i understand the system and start to trade with this system, wish i can get the great result by this system.

thank you

Trade on demo for a few weeks until you get constant pips.

Dear Gurusomu,

I have been away for some time. I just arrived and watching the chart, I saw huge moves by most of the pairs especially EURUSD today.

When I checked the Renko chart of EU (attached), It looked very smooth and seemed to have been in the right direction.

Please, Mr Guru or Mr Neomatic, could you update me on the position of your trade visa-vis draw down during that move.
Kindly reply as the behaviour of this system during that impactful time will go a long way in instilling confidence during live trading.

Anyone who was trading this system during the huge moves could please share the experience here.

Thank you all for your response.


I do trade on only on London and New york market. Been able to catch all big move. TP 200 with 35 pips trailing.

Hope it move like that next week. :smiley:

Thanks for your advice, i succes to install renko on M2.
I test this system on GBPUSD and EURUSD.
How take you TP and SL ?

(sorry for my bad english)

Since past week the EURUSD and GBPUSD was moving more than 150 pips a day. My TP was around 50 or I leave it until the Renko bar turn into opposite colour then I manually close it. For SL, I only put in 15-25 pips. Hope this help :slight_smile:

Hello Guru

This is great system but i am facing one problem in that once i closed my system and open it again suppose after 2 hrs then the data of 2 hrs is not thr so it works best when it is on once we turned off the chart all entries changed any solution for that if yes please tell me

Thnq for your help in advance

Hope for early and positive response

Hi Neomatics

Same Question to u too

Hello Guru

This is great system but i am facing one problem in that once i closed my system and open it again suppose after 2 hrs then the data of 2 hrs is not thr so it works best when it is on once we turned off the chart all entries changed any solution for that if yes please tell me

Thnq for your help in advance

Hope for early and positive response

This is problem with every MT4 when u work on renko chart most of brokers won’t support renko chart on MT4 If u use ninjatrader don’t face such problem I don’t have this system with ninja otherwise I would have posted here

Do u have this system for ninjatrader too and how i can upload data in mt4 can u tell me

and how i can set this in ninjatrader please tell me this i think ninjatrader gives renkochart but here we use offline chart in mt4 so how we can use in ninjatrader

no sorry I don’t have this system for ninjatrader if u want try ninja trader u can download its free

[QUOTE=gurusomu;383246]no sorry I don’t have this system for ninjatrader if u want try ninja trader u can download its free[/
place renko live chrt indicator on daily chart with setting of box=10 and timeframe 15 min after dta i place renko live chart on offline chat of 15 mins with settings of box =10 timeframe -2 after dat i upload ur tempelate

i have ninjatrader but in this renko candles take place very early not like offline chart of mt4

which broker ur using let me try this on that too

I’ve use Alpari and FXPRO. What I did was close the M2 (Renko) and open the offline chart again.