Renko charts with associated 'box' Volume | Forex Factory

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Renko charts with associated 'box' Volume

  • #1
  • First Post: Jan 16, 2013 6:04am Jan 16, 2013 6:04am
Hi all,

I wasn't sure where to put this thread so hopefully its ok here.

I am looking for the indicators that make up the attached chart. It seems to be a Renko chart with the indicator below appearing to be the associated volume (ticks) with each box in the renko chart (it looks to be called Volume Prediction in the screen shot).

The guy that posted the chart hasnt got back to me asking about it so I was wondering if anyone else was in posession of these indicators as it is something Ive been looking for.

Thanks in advance.

Willowgal
Attached Image (click to enlarge)
Click to Enlarge Name: renko with volume.jpg Size: 96 KB
  • #2
  • Jan 16, 2013 4:06pm Jan 16, 2013 4:06pm
hi... I'm already download Renko chart from MT4 - already follow the instructions but dont know why it is offline, Please share with me this technic and I will show you some of the technic that I use for making profit in fx. Thanks.
  • #3
  • Jan 17, 2013 8:18am Jan 17, 2013 8:18am
Quoting fxsyuk
hi... I'm already download Renko chart from MT4 - already follow the instructions but dont know why it is offline, Please share with me this technic and I will show you some of the technic that I use for making profit in fx. Thanks.
I need the volume indicator for each renko box before I can show any 'techic' about using it.

Thanks anyway
  • #4
  • May 7, 2016 6:49am May 7, 2016 6:49am
Dead thread but was hoping to spark a bit of life and see if anyone has found the indicator (or anything similar to) the one above...
  • #5
  • May 7, 2016 7:19am May 7, 2016 7:19am
Quoting Flipflop4
Dead thread but was hoping to spark a bit of life and see if anyone has found the indicator (or anything similar to) the one above...
I am not sure what the indicator is supposed to display, could you explain the difference from the common tick volume associated with the candle?
  • #6
  • May 7, 2016 8:05am May 7, 2016 8:05am
Hi Halley, I don't think there is a difference, i.e., it relates to the volume of ticks taken to create the renko box. I was hoping it would be a useful way to indicate good momentum (when the volume is low) and inversely when momentum is flagging/ running into resistance (high volume) without having to hover over each box to find the volume. I'm trying out the strategy in the 'More simple is impossible thread' and was hoping to add it in to help with knowing when to let a position run and when it's time to bail
  • #7
  • May 7, 2016 8:20am May 7, 2016 8:20am
Quoting Flipflop4
Hi Halley, I don't think there is a difference, i.e., it relates to the volume of ticks taken to create the renko box. I was hoping it would be a useful way to indicate good momentum (when the volume is low) and inversely when momentum is flagging/ running into resistance (high volume) without having to hover over each box to find the volume. I'm trying out the strategy in the 'More simple is impossible thread' and was hoping to add it in to help with knowing when to let a position run and when it's time to bail
Well, then it would be identical to the built-in Volumes indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 19 KB
  • #8
  • Last Post: May 7, 2016 9:29am May 7, 2016 9:29am
Oh my days, I feel like an idiot. Let's forget this ever happened... Thanks Halley!
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