Hi Folks.
It’s Thursday afternoon, August 29th as I am sitting here writing this, which means this coming Monday is Labor Day in the US and Canada, but more importantly…
It means the Summer Doldrums have (hopefully) come to an end and regular trading volumes and volatility should start picking up effective Tuesday, September 3rd. It may take a few extra days for the charts to start firing on all cylinders, but the long summer wait is offically at an end.
But enough chit-chat. Here’s the reason for the email.
One of the kids I hire on occasion to help with the coding of the products I turn out emailed me an indicator last week and asked my opinion.
He calls it Renko Wave (a great name and it shows he really knows his audience) and he tells me it is a standalone indicator that marks highs and lows in price action and produces a histogram-type window that very much resembles an ocean wave when applied to a Renko chart.
I took a look and admit I was more than a little impressed, especially after running it on live charts for a few days. So I wrote back and asked what he wanted to do with it.
It turns out he was looking to sell it to make some fast cash to move himself, his mother and his younger sister into a new aprtment. Their current one was damaged after mutiple earthquakes hit their region in Taiwan, and now their water had to be turned off due to multiple broken pipes. Some structural damage has some government people saying they will have to condemn the building at least until repairs can be made, which could take months.
So this got me thinking.
In my almost 20 years in this business I’ve had a couple of occasions where I was approached like this to help with some fundraising: in 2008 it was to help put a new roof on our local food bank after a section of it collapsed and forced the bank to close temporarily, and in 2017 to help raise funds for a local orphange in order to buy Christmas gifts and school clothes for the kids who lived there.
Both times you guys stepped up in a huge way and brought a lot of joy and comfort to a some people who were down on their luck.
So I think it’s time to do it again.
If you guys want to grab an outstanding indicator (video proof of how outstanding is on the next page) and help a good kid and his family out with their living arrangements, click over to:
https://simplicators.com/renkowave
And watch the two videos at the top of the page.
The software is currently for MT4 and MT5, but I have one of my other guys doing the Trading View and NinjaTrader 8 conversions, and both of those should be available by Monday or Tuesday.
Even if you weren’t helping out someone who could use the extra help right now, the Renko Wave is well worth every penny of the $39 price tag. But here you get to help yourself out with a great trading tool AND help out a decent kid who just caught a bad break through no fault of his own.
So get over to https://simplicators.com/renkowave and take a look for yourself.
Back soon with more.
Jeff
