Mcx trading with renko bars

[sateshchand]

i also dont like repainting indicators.looks nice for marketing people.
not for traders. all indicators i selected are non repainting except that one.
i changed settings and whether it is profitable are not i am observing.
any how no more discussion about this point we will drop here
i am welcome your comments and suggestion senior members like you.

 

[sateshchand]

ZINC 5MNTS

zinc renko

 

[sateshchand]

NICKEL Renko
this is best template of mine
non repainting indicators
only one indicator rarely repaints but can be ignored

 

[sateshchand]

ALUMINUM

 

[sateshchand]

COPPER renko

 

[bpr]

Sateshchand,

I know your motive in helping TJ traders for a better trading system. I just added my inputs because new traders will be highly impacted bcoz of repainting systems. I had a huge hit with repainting indicators in the initial stage thats y i am sharing my views. Any arrow indicator which gives selling signal on high and buy signal on lows are heavy painters. Be it higher TF or Lower TF painters are painters.... If you are looking for non repainting zigzag... let me know... i will share it for you...

Hope you wont mind my views...
All the best

Pls share non repainting zigzag

 

[gkpc]

Satesh ji, Your charts have names like : MALU.M2 Does it mean its a chart for 'next' expiry month?

 

[trader2014]

yes observed it repainting but i am adjusting and see whether works are not
tomorrow i will confirm zabeen. i am trying to this system easy for new traders
you are experience trader you know many things and analyse it. but new trader wants easy system. what i am trying do.
within this week i will present simple system.

it is not repainting in renko. that is problem in time frame charts more whipsaws
working like zigzag indicator style.i am trying different settings.

I am a new trader and i was failed to get easy system for mcx. finally i have more faith on your system, can you share your simple system ?

 

[sateshchand]

Satesh ji, Your charts have names like : MALU.M2 Does it mean its a chart for 'next' expiry month?

this is offline chart named as 2 all are present month only

 

[sateshchand]

Satesh ji, Your charts have names like : MALU.M2 Does it mean its a chart for 'next' expiry month?

i am under testing i am trying to make simple.
this is renko charts some system running problems are there.
GBs of data writting going for logs files.
most of processor time is going for log file writing.
unless these problems sorted it is no use.
till then bear with me. but you can watch live calls in chatroom
mcxwatch dot cbox dot ws
mcxcalls dot cbox dot ws