Is that the way you trade? For a while I'm checking the renko charts now. And I really think that any system with either 8,10,12,20, 36, 50, 100, 200 you name any emas or smas or smoothed emas whatever you want to throw in there will work if you have set rules for entry and exits. But discipline is really the key to stick to the rules you have
In retrospect you picked 3 green bars that proved your theory. Why didn't you mention anything about the 3 green bars right before that? Why didn't you buy there?? Those 3 green bars were followed by few red bars so you theory fails
No strategy works all the time even the most advanced strategies needs to be confirmed with other indicators. You can't win 100% of the time... But even if you can win 60% of the time you can make a whole lot of money in profits!!!
Renko is not time dependent so basically price gotta move to make money. I have been playing with a strategy with Renko and I realize it is better to use like a reversal indicator not to give up most of your profits when the bricks change to the opposite color. I try to use a 2 bricks or one brick reversal to exit then wait to see what the next brick will b before entering. I cannot sit in the front of the Pc waiting for a move so I will need to automate my strategy. Btw. the HHLLLHHL indicator is good for reversals or try the semaphore indicator on Metatrader, just my 2 cents . This is a no wick renko bricks so the higher high and lows indicator will not work but... these bricks will easily catch a double top, double bottom and triple tops and bottoms as u can see
I want to Do Intraday, settings RENKO 14 ATR, MA 10 & EMA 13 , MACD IS NOT WORKING WITH THIS SETTINGS & RSI ALSO NOT WORKING. SO I AM USING ROC. DO YOU THINK I CAN SUCEED IN INTRADAY????1 min time Frame??? Equity cash. Is it possible??
Unbelievable how shady and sleazy people like this are. Not sure if he is selling something but the snake oil aroma is overwhelming. The fact that what he was so excited about (3 green bars to enter) happened right before his entry and failed should show people all they need to know about this"technique".
I don't know what are you on mate On your screen before the great runup you are talking about this is what's happening: 1 brick win 2 brick loss 1 brick loss 4 brick loss 1 brick win 4 brick loss =3 brick win / 10 brick loss How is this system profitable? Throw us a myfxbook link mate.
@@YannickvDijk the time frame determines when the price is logged (or checked). For instance, if you set your time frame to 15 minutes and the price spikes within the start and end of a 15 minute interval but then returns to basically the starting price before the end of the interval, that action is not recorded by a Renko chart. Only the open and closing prices of the time frame are used to construct the chart.
Through my experience in forex market i never seen better that MTI Coaches , the way they teach is great and my good wishes always will support their own courage .
why you are puting side by side charts that are not based in the same time frame? the left chart is on 2hours and the right char is in 1min STOP SCAMING PEOPLE
I can set my account to show every 1 minute, 10 minutes, 30 minutes, 1 hour, etc. What time frame do you suggest for this strategy. I see how it can be beneficial as well as lower risk, i am excited to try it out.
1m chart, 140 pips what chart do u use ? i never seen it. 140 in 1 min char just 10min unless there is big news!? your system, it might work but u always showing big profit which does't real to sell ur program. i want to learn it but not learning fake pips profit.
Great video! I'm not a fan on renkos but hey if it works for you then that's awesome. I use regular candlesticks. If it works for you then it works. Great strategy tho and explaining if it;s a buyers/sellers market.
If it is so easy to make money why does he work for someone,? why do all these trading courses cost so much money?, 140 pips one minute chart yeah right
This Renko chart strategy looks great, but there are plenty of instances, the moment the 3 bricks appear the market moves in the opposite direction. This is a very risky trading strategy. I think the stop loss should be put just about a brick and a half to the opposite direction in case the market decides to reverse.
How does it feel to be a con artist. If the rules you discussed were profitable they would be programmed into an EA or a trading robot and they would be making money. Of course this is not the case and you're scamming gullible and naive individuals.
javier SR i trade on market since 1998 and i loss much money..but now i get 300% every ssingle month and more with no risk..just try to undertand what the market will and you will be rich
whats the box size? what indicator? how much margin? what platform you use? where do my stops go? Why isnt my SMA cross strategy working? Is Bitcoin going up? where did you get that shirt? can I have one? hahaha. People will listen to anyone these days right?!
I mean, having a ton of experience certainly doesn't hurt in achieving this as well, lolol // i bet your normal person not treating trading as a real skill cannot do the same.
*Please stop trying to make your followers fool, the very chart with Renko bars that you're showing a profitable trade on has 5 previous losing trades as per your rules, why didn't you start from there, why did you show only one winning trade?*
What a load of BS, 3 bricks to enter 3 bricks to exit, that in itself shows you don't t know how renko works, yes renko is the name, this is just a sales pitch for the webnirars, shame on you.
I would say that is a Renko chart, not bricks, and size is determent by you, it can be 10 pips, it can be 20 and so on.
Renko charts mean bricks in Japanese
Mr. I WantToLookSmart Renko chart has bricks instead of candle lol
So many brokers claiming to be the best out there, honestly i am tired of trading with all these quacks
.
Made a lot of loss trading with inexperienced traders
I highly recommend Mr Edwin Earl, he is definitely the finest out there at the moment
Erin, please can you tell me how he conducts his business? I need to know how reliable he is and how good he is.
I came in contact with Mr Edwin 3 months ago because he was willing to trade with new investors like me. He has been a blessing to me ever since
nice video suggested for me
It's a Renko chart. It's safer to get out at the first opposing color brick. Also, use a 20 EMA. Remember, Renko doesn't care about time.
Is that the way you trade?
For a while I'm checking the renko charts now. And I really think that any system with either 8,10,12,20, 36, 50, 100, 200 you name any emas or smas or smoothed emas whatever you want to throw in there will work if you have set rules for entry and exits. But discipline is really the key to stick to the rules you have
@@stefansmith920 Exactly. I was just saying that even one EMA can work.
In retrospect you picked 3 green bars that proved your theory. Why didn't you mention anything about the 3 green bars right before that? Why didn't you buy there?? Those 3 green bars were followed by few red bars so you theory fails
right, pretty deceiving the way he explains it
He will never respond now
No strategy works all the time even the most advanced strategies needs to be confirmed with other indicators. You can't win 100% of the time... But even if you can win 60% of the time you can make a whole lot of money in profits!!!
but, what about other previous 3 green bricks setups that are lost, eaten by downtrend. it doesn't look fair. 1 winner out of 4
yes and many poor winners !
He should've emphasized in entering with the overall trend. Not sure why he would advise on counter trading lol.
good question
This is NOT something unique!! As he seems to be portraying. It is just RENKO chart. On many platforms. There is NO HOLY GRAIL.
Yeah I guess you have a couple small losses then boom big win
Renko is not time dependent so basically price gotta move to make money. I have been playing with a strategy with Renko and I realize it is better to use like a reversal indicator not to give up most of your profits when the bricks change to the opposite color. I try to use a 2 bricks or one brick reversal to exit then wait to see what the next brick will b before entering. I cannot sit in the front of the Pc waiting for a move so I will need to automate my strategy. Btw. the HHLLLHHL indicator is good for reversals or try the semaphore indicator on Metatrader, just my 2 cents . This is a no wick renko bricks so the higher high and lows indicator will not work but... these bricks will easily catch a double top, double bottom and triple tops and bottoms as u can see
"Formula" "Awesome piece of software" Basically its a scam... ~Do not waste your money on this
I want to Do Intraday, settings RENKO 14 ATR, MA 10 & EMA 13 , MACD IS NOT WORKING WITH THIS SETTINGS & RSI ALSO NOT WORKING. SO I AM USING ROC. DO YOU THINK I CAN SUCEED IN INTRADAY????1 min time Frame??? Equity cash. Is it possible??
The big thank you to you. How can i get this signal .or. this strategy. Thank you
some people like this dude can discourage you in trading...WTF was that i watched?
So these are nothing but renkos correct?
Correct. Its just a Renko strategy.
dumbest renko strategy! 😁
is this modified renko?
what timeframe should i trade sir in renko?
I want to know I can purchase this software?
what to do if price chart starts moving side ways?
How to we buy this software
Amazing no response from MTI after all the criticism?
Unbelievable how shady and sleazy people like this are. Not sure if he is selling something but the snake oil aroma is overwhelming. The fact that what he was so excited about (3 green bars to enter) happened right before his entry and failed should show people all they need to know about this"technique".
How do I find this chart
Mrs Maureen is legit and her method works like magic I keep earning every single week with her new strategy
Yeah
wow I am just shocked someone mentioned expert Mrs Maureen I thought I'm the only one trading with her
She helped me recover all I lost trying to trade myself
I think I am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Maureen
I think that she is the best broker I ever seen
Hi joe what broker are you using?
But the Renko chart candles repaints or disappears unlike normal candle sticks. Please guide me on how to handle this?
How do I turn my trade chart into this screen.
where can i dowload this indicator?
Contact a professional to guide you
He is on WhatsApp
+13163337589
I don't know what are you on mate
On your screen before the great runup you are talking about this is what's happening:
1 brick win
2 brick loss
1 brick loss
4 brick loss
1 brick win
4 brick loss
=3 brick win / 10 brick loss
How is this system profitable?
Throw us a myfxbook link mate.
this guy is lier
He had no idea of what he was doing there!!! What the heck did he turn that simple renko chart into!! lOl!!
I'm wondering the same thing this guy is a joke lol
Sir where we get renko charts. For free
what is that platform it is very Good.... please tell me the name?
I think its a renko chart (probably) to read the momentum of the chart
what is the time frame for renko charts?
There is no time frame for renko charts. A new brick only forms if the price moves an entire brick size up or down.
@@YannickvDijk the time frame determines when the price is logged (or checked). For instance, if you set your time frame to 15 minutes and the price spikes within the start and end of a 15 minute interval but then returns to basically the starting price before the end of the interval, that action is not recorded by a Renko chart. Only the open and closing prices of the time frame are used to construct the chart.
@@AlJaques You are right of course, the data you use for the Renko is time frame dependent.
how do i get access to the renko chart template?
Through my experience in forex market i never seen better that MTI Coaches , the way they teach is great and my good wishes always will support their own courage .
why you are puting side by side charts that are not based in the same time frame?
the left chart is on 2hours and the right char is in 1min
STOP SCAMING PEOPLE
what is the sice of the briks
I can set my account to show every 1 minute, 10 minutes, 30 minutes, 1 hour, etc. What time frame do you suggest for this strategy. I see how it can be beneficial as well as lower risk, i am excited to try it out.
What do you think about your lot ?100 lot ,,,,it's too much for real account and this not professional
what your idea about it ?
sir I m from India I m newbie in forex market want to learn forex tecnical analysis and want to start trading
1m chart, 140 pips what chart do u use ? i never seen it. 140 in 1 min char just 10min unless there is big news!?
your system, it might work but u always showing big profit which does't real to sell ur program.
i want to learn it but not learning fake pips profit.
what is the name of that indicator?
It's called renko chart
Great video! I'm not a fan on renkos but hey if it works for you then that's awesome. I use regular candlesticks. If it works for you then it works. Great strategy tho and explaining if it;s a buyers/sellers market.
Good Joe, how can i get momentum breakout
If it is so easy to make money why does he work for someone,? why do all these trading courses cost so much money?, 140 pips one minute chart yeah right
This isnt good strategy. Just look at how mnay losses there would be, and no stop losses explained either
This Renko chart strategy looks great, but there are plenty of instances, the moment the 3 bricks appear the market moves in the opposite direction. This is a very risky trading strategy. I think the stop loss should be put just about a brick and a half to the opposite direction in case the market decides to reverse.
For some reason I can't find consistency with momentum breakout. Maybe I'm not trying enough.
ace jasareno call me tomorrow... I'll send you a work space I use... plus I use it just a tad different 😉
How am i supposed to call you? lol
I sent you a friend request
LOL!
Does this or any of your strategies apply to cryptocurrency ?
Do they literally just share the same deck lol
Brick size is important in renko. So you did not explained that????
its very easy to calculate with the video: 20 aprox. every brick
thank you ....
This is really good to be true I never expected my bitcoin withdrawal from luiz today.
+1.8.0.3.5.6.6.0.6.9.7.
ah now we're getting the older fake forex demo gurus
I turn 11k into 1k on bitmex in just an hour.
😂😂
Came here the cure for cancer oh will keep moving on
Yeah, renko helps a lot but this is not easy like in this video.
Tyvm sir
How does it feel to be a con artist. If the rules you discussed were profitable they would be programmed into an EA or a trading robot and they would be making money. Of course this is not the case and you're scamming gullible and naive individuals.
Don't show us the profit show us the settings and in which time frame and how much your tp and sl
lol u want his life work for free tsc
Here We Go Again... )
how much you risk if the accoun was 1000? if to much risk
javier SR i trade on market since 1998 and i loss much money..but now i get 300% every ssingle month and more with no risk..just try to undertand what the market will and you will be rich
Vivi Vivi with which strategy u earned
Can someone assist me as to where i can download a renko chart for free please ?!
thembinkosi investing.com
thank you Joe
mti is a scam!!!
Jesus loves you.
1 minute chart...!? Seriously?
whats the box size? what indicator? how much margin? what platform you use? where do my stops go? Why isnt my SMA cross strategy working? Is Bitcoin going up? where did you get that shirt? can I have one? hahaha. People will listen to anyone these days right?!
is that a fancy term for renko lol
Yep. So sad how they are manipulating people and taking their money. Sad sad world
@@joesmith5533 totally agree, that's the sad truth
I mean, having a ton of experience certainly doesn't hurt in achieving this as well, lolol // i bet your normal person not treating trading as a real skill cannot do the same.
nice channel
thumbs up 👍🏿 👍🏿
This looks super easy, almost to good to be true. Is it still current?
If it’s too good to be true, you what that means.
This is time dependant you still need a proper stop loss if not it wont work out
sell it Joe ... squeeze the suckers .... greedy rich .... give nothing take it.....
You will lose your arse with that strategy. Watchers beware.
Renko Bars tried it but I'm sticking to my consistent strategy
The FX Champ do you trade with renko and how is it going if you did
What's your consistent strategy?
Holy moly you're the man
1m chart and 140 pips hahahah
Renko doesn't take into account time, so that chart maybe 1min but the 140pips renko blocks could've taken several hours to a day to develop.
u dont know shit but u making jokes learn first
What about the losers??
good video
*Please stop trying to make your followers fool, the very chart with Renko bars that you're showing a profitable trade on has 5 previous losing trades as per your rules, why didn't you start from there, why did you show only one winning trade?*
nice video..................how to draw renko live chart?
did you get the answer?
Guys, I'm pretty sure there is a Renko chart on TradingView.com for FREE
IT'S late here, so i'll let you know tomorrow
Remember people if it was this easy everyone would be rich. you will lose money, this will not work, utter rubbish.
What a load of BS, 3 bricks to enter 3 bricks to exit, that in itself shows you don't t know how renko works, yes renko is the name, this is just a sales pitch for the webnirars, shame on you.
Yes, sadly people who don't know get suckered into paying for something they can get for free.
fake screens.pretty usual