Here are some more charts that mt4 does not have.
These are all realtime.
hollow candles
kagi
linebreak
point&figure
These are all realtime.
hollow candles
kagi
linebreak
point&figure
Price action trading with RENKO 190 replies
RENKO Trading SYSTEM - RENKO Indicators 7 replies
New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies
Renko charts in the trading simulator 9 replies
Renko Trading Journal 28 replies
DislikedHi I have a suggestion for those who want to trade renko with real time charts. I have Oanda as my broker and their browser based trading platform has alot of nice tools including realtime renko charts. I dunno if the charts work on demo accounts but why not? I will post a pick from the the platform so you can see how it looks. You dont have to trade with Oanda you can use the platform for your trading. If the demo doesnt allow it than just open a small account like the minimum they allow or something.(this is just an idea) Now you dont have to...Ignored
Disliked{quote} That looks like a re-branded TradingView platform to me...Ignored
Disliked{quote} i dunno what that means but it works like a charm. dont need to create offline charts, load tick data, repeat after each time u open ur mt4 and all that crap. but if you like doing slk that than have fun.Ignored
Disliked{quote} Hi, Luhan! I made the EA for You. Try it in the Strategy Tester. {file} {file}Ignored
Disliked{quote} After many months searching for a Renko generator that does not use or refer to wicks. Those that were found did not work properly. By using the code examples with trial and error coded this Renko generators. To use: Place Renko generators in correct folders Open any currency chart with timeframe M1 Drag or double click on renko generator Set Renko block size, offline time frame, template. - default: 10 pips block size - default: offline M2 / M3 - default template: Renko.tpl - offline chart will be posted on platform Uncheck offline chart...Ignored
DislikedI do not understand why all threads about it are dead or about to be. BestIgnored
Disliked{quote} Most likely reasons: - the hassle to generate off line chart's - wait two blocks for confirmation before placing an order - draw down or lose of profit when Renko does a reversal in trend direction - time duration between opening and closing order's (less order's means less profit) - no "action" like the fast moving candle chart'sIgnored
Disliked.. but I do not understand why all threads about it are dead or about to be. BestIgnored
Disliked{quote} Did like the concept (not time based), very much and was using it not too long ago, until one day one of my stop losses was hit but the renko chart did not show price reaching (or even near) the stop loss price. On checking a normal (time) chart, price had indeed hit the stop loss price (there was a spike due to news), but the renko chart did not register this. This cast serious doubt in my mind as to whether the renko chart (off line) generated by all these renko chart indicators/EA actually reflect the true price all the time! So, the...Ignored
Disliked{quote} Hi Danjuma, I understand. So i would like to suggest to you and to others member this renko generator that i find here on FF: https://www.forexfactory.com/showthread.php?t=684131 From some months i use it. If you want try it and let me know. Best Luca.Ignored
Disliked{quote} Did like the concept (not time based), very much and was using it not too long ago, until one day one of my stop losses was hit but the renko chart did not show price reaching (or even near) the stop loss price. On checking a normal (time) chart, price had indeed hit the stop loss price (there was a spike due to news), but the renko chart did not register this. This cast serious doubt in my mind as to whether the renko chart (off line) generated by all these renko chart indicators/EA actually reflect the true price all the time! So, the...Ignored
Disliked{quote} Hi Danjuma, I understand. So i would like to suggest to you and to others member this renko generator that i find here on FF: https://www.forexfactory.com/showthread.php?t=684131 From some months i use it. If you want try it and let me know. Best Luca.Ignored
Disliked{quote} Ouch! Ahahah i'm sorry... I use it from something like 3 months and all is ok. I use Renko3 Renko5 and Renko10 without problem. You used the ATR size or fix box like me?Ignored
Disliked{quote} Hi matmomo, I was using fix box of 5 pips. The indicator generator seems to work most of the time, but would appear not able to cope/react with fast moving prices like a spike during a news event or something, like a live chart.Ignored
Dislikedmatmono that renko generator have some issue's. I do not know if Lawrence have resolved the problem's. https://www.forexfactory.com/showthr...10149494#replyIgnored
Disliked{quote} hey Tekkies the link isnt working, what was the issue with that renko generator ? it looks a lot like ovo, i examined both and i think they re still differentIgnored