Explosive Ichimoku Renko Trading Strategy (How To Swing Trade Stocks Like A Samurai)

[@stanislauskanopi2802]

You clearly have very wide understanding about ichimlku ....i need 3 accounts just to understand to wait for the cloud to change color ...tumbs up

[@TheSecretMindset]

Thank you!

[@paularomeo9271]

Most of this traders are out of the market holders. The people who trade binary in the early days and if they don't trade with the price/ volume won't be much

[@zoyashaikh143]

You are lucky to get this information. Age in trading is never a barrier. What matters most is if you really know exactly what you are out for. It will be the best for you to start on

[@sparkerlemon28]

@@zoyashaikh143 I totally agree with that

[@turuksinnman5310]

My journey through forex wasn’t an easy one I blew up my trading account so many times because of improper risk management

[@felipebarroso9389]

Hello guys. I'm a newbie and I will like to invest and I do need advice to know if I can do this

[@aldorocky1777]

Being a wise trader is just for you to know what you're actually out there for and putting effort in investing. At least make sure you gain some profit while doing that.

[@wingnut4217]

Nice introductory into one of the most complicated yet rewarding trading systems known outside of deciphering one of W.D. Gann's systems. I day-trade the E-mini Nasdaq and If I may share a entry point I use. On a short when price breaks below the RED cloud, price has a tendency to retrace up to the cloud, I have seen it do it up to three times.When this happens I set my entry below the lowest low of the retrace with stop at least two ticks above the highest high.Once you're hit if the second candle doesn't break below your entry candle get out.

[@ezequielpereyra332]

Excellent video! I appreciate your work, really. But I have a question: how do I put the Renko chart in 100 blocks? I use TradingView in Pro+ Plan.

[@TheSecretMindset]

Use 1 for TradingView.

[@ezequielpereyra332]

@@TheSecretMindset Ok but, my question is, 1 where? What I can't find is how to put the graph at 100 points for each "block" of Renko. I don't know if you understand me

[@michaelbrhk]

Ezequiel Pereyra In Tradingview you can change the settings of the Renko Bars. Actually you can toggle between ATR and „Traditional“, which lets you enter a fixed number. You can reach the settings with a tap or click on the „Renko“ line on top left of the chart. Use „...“ and settings to get to the parameters.

[@jsunproter1940]

When you say 10 points you mean 0.10cents or 10.00$? I'm assuming 10 cents per brick. As a long time renko user myself its nice to see others finally seeing the merits of this. Intersting thing is ive been using a 34ema for years. its the same as the cloud

[@caligirl6610]

Hey!!! You been peeking at my charts?!?! Lol

[@TheSecretMindset]

Busted!

[@Its_Rajesh]

Wonderful ❣️ 👍

[@TheSecretMindset]

Many many thanks

[@saani-yadi]

Awesome...sir SUPER

[@TheSecretMindset]

Thank you!

[@jessebabudoh8742]

Can this strategy be used for forex pairs

[@johnzhan8636]

why does the Ichimoku cloud has 2 colors ?

[@protrader5263]

👌❤

[@mananshah7016]

What program are you using for your charts?

[@TheSecretMindset]

TradingView

[@renejrgensen9865]

For once i don't agree with you. All bars have precise values for open, close , high and low and it is possible to identify patterns and even to draw them on screen, if you connect these points in a pattern - using a robot. If you change the screen, then the drawings will still be correct, as they are not tied to points on the screen but in stead to points on the bars. And there are hundreds or thousands of commercial robots which does this.

[@AJ_real]

I want to go "full Japanese mode" *revs engine. Rides with Japanese babe!

[@tonysnegoff9189]

Nice video, I personally love it, cause I don't really have all the time to deal with bulk information. So it filters all the unwanted information and leaves me with less information to act on. It helps me understand price moves and establish more objective and repeatable approach .

[@TheSecretMindset]

Thanks a lot!

[@yorgohoebeke]

Did it help you become more profitable? :)

[@Anabolic-Squad]

some people may have more knowledge than you do, but suck at helping others as they dont have your organized thought-out teaching process with the illustrations you make. I really apreciate the efforts you're making here. Much respect.

[@johnnyquest5727]

He's a good communicator but he doesn't know what he's talking about when it comes to Ichimoku. Beware.

[@thelmah.collins210]

Cant find a better guru to learn. Very clear and precise explanations. This is the first time watching ichimoku being explained so clearly. I need to watch this over and over again till I am totally clear about this video before moving ahead with other videos on the subject posted by you but to be really honest guys even with a good indicator you can still make a bad trade but in additional of a strategy like the Ash Strategy by aleksandrov you can be a more profitable trader with Ichimoku..Thanks for the fabulous job thanks and regards.

[@Varganator]

Tip: the thicker the cloud the stronger the resistance

[@keithprice3369]

Interesting concept. I'd love it if you expanded on this with exit postions -- and with "right edge" examples. IOW, show a chart at the point of a trade signal, explain why you think it's a good Long or Short, then show the chart continuing past that to see how it did. Hindsight charts are less useful because we can already see what the ticker did. It would also be great if you could address the basic win/loss ratio of this strategy -- IOW, how many false positives does it produce. Finally, maybe talk about the best "tick" settings for different time settings and/or tickers. For example, when I selected 100 Ticks for GLD, I only got 2 bars for the entire 1 year 1 Daily chart. And no Ichimoku. Thanks for introducing me to a new strategy.

[@pianostool44]

This is classic hindsight trading, especially the section about ranges. You have no idea when a trend will become a range, or a range will become a trend. Very easy to look back over the past and say 'avoid ranging market', but its just not that simple in real time. If you develop this defensive mindset, you will miss very long trends. From my own personal testing, a working strategy for Renko is taking big swings and accepting small losses. The problem with ichimoku is that its really slow, so you end up missing half of a big swing. Better to try and find another baseline...

[@robertrose3068]

I've always wanted to try Renko instead of watching candles. Since Renko depends on price action, wouldn't these be good for a 1-3 minute chart on something like Nadex where things go quick and we only have a limited price range to work with?

[@matkomatko3081]

you really do explain everything so that I understand I have watched many youtube channels and I like yours the best good work keep it up

[@TheSecretMindset]

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[@mfx4917]

I watched multiple videos about Ichimoku. Never understood it Now i watched this and understood everything clearly Thank you

[@TheSecretMindset]

Thanks!

[@johnnyquest5727]

Well you won't understand it watching this nonsense.

[@gurpreetkalra1852]

Thanks but you missed talking about stop loss and exit signal??

[@saralkatna9142]

Hey! quick question, @7:13 you advise against going long cause Kumo cloud is still red but are we not supposed to look at the cloud which is forming 26 bars ahead which is already green? I am a newbie so if I made some mistake, please point out. Thanks for great vid. subscribed.

[@Goch46]

The first time i came across this channel i thought the voice was a robot. But this guy explains everything in his channel like a Samulai. 🤺🗡

[@SantoshKumarsp57]

You are awesome and deserve more than a million subscribers. Thanks for all the efforts

[@TheSecretMindset]

Thanks a lot!

[@williamamodeo1197]

According to your strategy here what were the results out of 100-200 trades? In that backtest did you only go long? Short? Or both? More info would be epic. Thank you.

[@oswaldokatz2523]

Renko charts repaint so what you see could not be trade it on real time... ichimoku its not difficult, tenkan and kijun are key factors you do not consider

[@HowToDrip]

I think 100 units works well for BTC (currently ~65.5k) but I would imagine a smaller unit would work better for others. For example, 5 units for ETH (current price ~4725).

[@robinsonbetonbouwrobbo8847]

Thanks for the video a year ago this vid changed my life an im looking to build on this strategy

[@dipeshmakavana5593]

What is the time frame bro

[@orkayen]

Nice video on Renko and IC. I thought the cloud represents 26 period in future. The long entry rule says, the Kumo cloud is green and the green renko bar is above the cloud. Can there be a situation where the cloud just below the price is red and lagging span is above the price and cloud?

[@alisalahi562]

Thanks for the video!! Great info. One question,How do you set up Renko bricks if you want to day trade the ES on the futures market?.

[@Purplemacaw]

Great tips, do you have Any tips on exit conditions / take profit conditions?

[@anujbaid3812]

Which "timeframe" do you use for the renko chart? I am using tradingview premium

[@Oliver-pl5sk]

Renko is independent of time...its a price action based trading system.

[@anujbaid3812]

Oliver No dear, there is an issue of repainting. Thus we need to set a timeframe for the repainting to not affect pur strategy

[@vitorherold]

Don't use ATR. Traditional, the value depends on the asset

[@vitorherold]

@@Oliver-pl5sk Thats half true

[@elwoodpalmer720]

Very well done, extremely precised, accurate explanations. and I can say it does work with a high success rate , I did add the MFI indicator as volume indicator( settings period 7 and 10/90 zone) and the ADX for volatility indicator. I have been using this strategy on ctrader platform with real money with 2 pips renko bars on eur/usd day trading/scalping between 6 to 12 pips per trade.

[@TheSecretMindset]

Awesome, thank you!

[@mcmstar19]

What is the time frame that you use and what ADX should you wait to pass?

[@ajantsmith6139]

Can you please show us how to use the Parabolic SAR and Ichimuro alongside candle sticks

[@suthan2003]

I set a 1000 points renko and it is still forming the first brick😄....no noise at all .... I am@ peace ....just joking....great video 👍

[@TheSecretMindset]

I bet there are some traders using the 1000 brick :).

[@likeicare300]

Great channel mate and nice video ! I have a problem with renko, the charts look different on different time frams which is weird considering theyre supposbly not time based. Newly formed bricks disapear when trend changes ans also dont show up when price changes because its waiting for the time. Do you know if this is normal ? maybe you can make a video on how to deal with that. thanks

[@TheSecretMindset]

Yes, In Tradingview I noticed this too. I set the H4 chart, apply Renko and don't move to other timeframes.

[@RayAntG]

That's because it is calculating the brick size base on the ATR for that particular timeframe.

[@likeicare300]

Ray Garcia But it happens with the traditional method

[@denyzulkarnaen48]

We have two time frames telling us the same thing. Also, we don’t use the time rotation as the stand alone but use it to give us greater conviction at the resistance/polarity failure. you can see, this high doesn’t line up with a real good time cluster. That could be a good reason why this high is eventually taken out. time-framing apply renko should depend on your system strategy, price change can often happen if the reversal begins with a large momentum candlestick to the downside. *Lukasz Wilhelm's* method helps better. you can read about his system on google.

[@casz7098]

90% of traders fail at trading. I bet all of those traders use indicators.

[@RajbirSingh-z9y]

Are span A and Span B correctly labelled @2.54 timeline?

[@TheSecretMindset]

👍

[@kittukunal]

you said you are going to speak about the exit and stop loss :(

[@popogodtrading]

renko its so op that now its not free anymore on tradingview

[@upcurvetrade7371]

At which timeframe this strategy gives me best results?

[@user-cd5nt5qp5y]

Useful for 5 minutes time-frame? Plz suggest

[@stewkelsall4995]

Great video. I have a question. I’ve tried to type in 100 for the renko settings and it doesn’t show any bars on the chart? I have tradingview pro+ any ideas why?

[@TheSecretMindset]

Use 1 for Tradingview. I use the term "100" as 100 points ( most of traders use MT4).

[@nedcpa]

Try ATR. TradingView Platform: My understanding is that one box represents 1 US$ using the traditional method. Only Amazon stock will show something on the chart using the 100 box as it trades about $2K/share today.

[@stewkelsall4995]

Appreciate the responses folks :)

[@sudheernaidu12]

Bro...one small request..do video on support and resistance please

[@navidfarshi]

f u the way speak English, it is not horrifying movieIIIII

[@TheSecretMindset]

No need to get aggressive 👍

[@samuelagina1]

Man thanks for this strategy , it's a really enlightening, pls where can I download this Renko chart indicator for MT5?

[@TheSecretMindset]

Try Forexfactory forums.

[@9EyE9]

Excellent. Please also mention the setting in detail

[@youtubetherapie]

Many Thanks for your description, I understood something great with kumo color

[@lennywursch9555]

how much did you make with this srategy?

[@rajankhairnar2618]

RSI for swing trading is showing different VALUE in Renko and candlestick charts on weekly time frame. Please inform me which value of RSI is most reliable for making trading decisions.

[@TeamLeaderPG]

Don't tell anyone the power of renko and range charts. Just crush your trades.

[@TheSecretMindset]

👍

[@enavoegolem]

Wich time frame you are using in your trade

[@The_Stoic_Trader]

Killer tutorial as usual, my friend. Just a question. How you entrer pratically a trade? With candlesticks, based on time, I enter at the right set up when the candle close, but with Renko? When and how u decide to buy or sell, since there is no way to understand the exact moment the new brick is formed?? Thanx

[@mattieujuliemillo9921]

There are so many great traders in the *SQB AMAC Community* making hundred of thousands on a daily basis. . The key with examining their history is not just to marvel at their success, but to try and discern what made them successful. The *sqb strategy* a system, which includes position sizing, stop loss positioning and a successful approach. Jesse Livermore in particular, is a valuable example was one of the founders of this trading system. This strategy is EPIC !!!

[@ForrestcoachKnight]

QUESTION: Do you analyze multiple time frames to confirm entry? How do you decide when using 100pts per brick which time frame to use for entry?

[@williamswinnova2854]

Japanese indicator in tradingview are paid😔

[@ukasznajmowicz5096]

Hello. Could You write down the setting about the ichimoku I mean values of Tenkan-sen, Senkou-Span B and Kijun- sen. I will be appreciate for Your reply.

[@anujbaid3812]

Lagging Span is always the current price when you trade. It is neither below nor above. I don't understand your logic here with Lagging Span. Kindly clarify

[@databug_]

Awesome strategy! Testing this out with your previous Renko exit strategy with the 10 SMA.

[@TheSecretMindset]

Nice work!

[@sailingyachtlifevsyeanonot7621]

7 months later how well was it? what size renko bricks did you use? still seems it would be hard to recognize that you're in chop with live trading

[@knuckle3247]

thanks for all video sensei, but i cant set renko bricks for 1 minute crypto scalping, and i always buy on fake :D have you got a advice for 1 m or another time period crypto scalping trade , sensei ?

[@TheSecretMindset]

Planning a revised renko video soon!

[@knuckle3247]

@@TheSecretMindset thanks for replay sensei, my best regards

[@tproduction7761]

Hello friend! Of course thanks for your usefull videos they are great. Could you write what indicators you use on your screen?

[@sanjaybatheja7972]

Most .. important vedio for trading purpose... And have very effective and resultant.. theory to apply for trading .. i personally use it ... Thanks for.. vedio...

[@johnson007]

Thank you for this wonderful video.. what should be the ideal brick size for 0.05 tick?

[@sujeetpalsingh13]

Can this be used for Intraday trading ? If so, what's the preferred timeframe.Would be glad if you could help me with this . Thanks in advance !

[@knuckle3247]

and i like your sound so much :D

[@shubhramohansingh1543]

I subbed from this video. Just great stuff.

[@TheSecretMindset]

Thanks a lot!

[@joshuavanwormer4955]

Available on tradingview?

[@jonhvar]

Hi man, you awesome!. I have been created an algorithm strategy and your channel help me a lot. Thanks for everything!, God Bless u

[@TheSecretMindset]

Thank you!

[@alexisgraff4564]

Hi !! Are you still using this strategy? thanks :D

[@TheSecretMindset]

Not anymore.

[@Oliver-pl5sk]

Current Price action is below cloud, lagging indicator in the middle of previous bars...what is the situation here?

[@Diablo_8]

Hello My dear, first of all thank your for your video, I am facing problem with Lagging span cause always behind the current price so i cant detect if it is over or under the price, how we could solve this problem please

[@dzeffmungai]

I like the video but not sure what time interval fits the Ichimoku.M1,M5,M15 or H1?

[@darianmarson9434]

How can i get the renko charts

[@mohamedfazlan752]

How to place stop loss and take profit to this strategy?

[@TheSecretMindset]

Will release an updated video about it 👍

[@IsaacDorsey]

I have TD Ameritrade think or Swim, I don’t see that study, can someone tell me how to get it?

[@tcontribution9311]

How to get renko chart on mt4 ?

[@John-yv8yg]

Thank you very much.. I have used renkos in the past.. but this looks like a great approach.. I will definitely test it..☺️👍🏻

[@syrian1982]

HOW TO USE RENKO IN CRYBTO

[@sureshkarunanithi8423]

Great work Bro, but which time frame it will work?

[@TheSecretMindset]

Check out my other video about Renko, to understand better.

[@prakashbhatia4826]

Green or red cloud can help us to buy sell as renko is 50 or 100 points brick this is good way to do smaller swings and instead of waiting for the long swing trading

[@martymathison7758]

dear sirs tamplate plase

[@seanlu21]

is the lagging span always same as current price ?

[@TheSecretMindset]

No.

[@RamRam-cg3rq]

Folks, Where could i find "Renko Bricks" in Interactive Broker TWS ?

[@1chawla]

What are the settings of your ichimoku. Are they the generic ones

[@TheSecretMindset]

Default settings.

[@kalpeshdonda1745]

In which instruments this strategy apply. If stock value is 200 or 250 or like this then how can use 100 Bricks? What is time Frame?

[@vishalmotwani6822]

Nicely explained everything... But, when to exit long and short trade please tell.

[@kevinsouza4264]

Settings periods ichimoku???

[@TheSecretMindset]

Default 👍

[@Dad9999v]

This is really best strategy, can you make amibroker afl for this strategy. I will surely purchase it

[@grahamlogie402]

whats the invalidation point for a trade using this strategy? what would trigger an exit

[@udruit3351]

Too many ads! Booooooo

[@gluckboutique6988]

How to get renko chart like you in tradingview...tq

[@brazillionnaire]

The only issue I have with this amazing strategy is that it puts your trading account at risk of a “Margin Closeout” especially with higher leveraged margin accounts 100:1 50:1 or even 20:1. If for example you go long and then you hit a deep pullback, it can trigger a margin closeout and bye bye trading account. Be careful and make sure you have sufficient funds in your account to Protect yourself from margin closeouts.

[@jimjongstra1947]

Than trade with less money, that will solve the issue. Never trade with money you can't afford to lose. Those brokers with high leverages make it very attractive to get rich quick but trying to get rich quick will get you poor soon, because it makes you get greedy. Take what you can take is my advice profit is profit.

[@srinivasgattu6842]

Your content is excellent. Keep up doing the good work. I am trying to make an automated strategy in Trading view to identify choppy/no trade zone, but getting the logic right seems difficult. Otherwise Renko is giving good results

[@JoelFinkel]

Thank you for this interesting presentation. I do have a question, though. The "lagging line" (Chikou) always lags behind the current position, correct? It is not calculable at the time one is deciding whether or not to enter a trade. It is only valuable in hindsight to see if you entered correctly. So I am not sure why one would use it at all. Am I missing something? Thank you again and I look forward to your feedback. By the way, this is a problem with many charting videos, which generally show information that is not yet available at the moment one is deciding when to enter. It's easy to see the proper entry time IN HINDSIGHT, but real trading is done in the present, when future data are obviously not yet available.

[@brazillionnaire]

Joel Finkel I think you missed the point. The lagging line is purely for confirmation. You will have enough runway to see the progressive change in market direction with Renko and Ichimoku cloud combined. You’re looking at this strategy with a mindset of looking at candle stick charts. Don’t over analyse it, follow the rules laid out and you will simply add to your P&L without the noise of candlestick charts.

[@dhanushkunadharaju2992]

you can check the lagging line which is behind the current position for just confirmation. If the lagging is line does not favor your trade, it is better to not take position at all.

[@enavoegolem]

Is easy to see after the market pass the problem is to see that at the moment of the trade

[@estevancrawford654]

This a great combination. Do you think using the Ichimoku w/ heiken ashi would work the same way as well? Love this video btw!