Non-gap Renko Chart Creator EA | Page 23 | Forex Factory

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Non-gap Renko Chart Creator EA

  • #441
  • Mar 21, 2019 7:53am Mar 21, 2019 7:53am
Hi,
I'm trying out both Renko No Gap Generator(Main and Multi-Symbol) and i've noticed huge difference in my backtest results that scared me off using any of it coz i'm not sure which one is being truthful.

I placed Main No Gap Generator on EURUSD, M1 and set Points to 50(5 Pip) and exported the data to CSV => Import to M5, the backtest seems cool until i thought of trying the multi symbol and all my test results were going far worse down the hill, i felt this is heart breaking coz i'm not sure which is to be believed.

The Multi Symbol was placed on GBPUSD and set to plot EURUSD only.

Thanks MathTrader7 for the brilliant idea, but i need to know why the Multi Symbol plots less Candles than the Main version historically.

Thanks.
  • #442
  • Mar 21, 2019 10:02am Mar 21, 2019 10:02am
Quoting noobshow
Hi, I'm trying out both Renko No Gap Generator(Main and Multi-Symbol) and i've noticed huge difference in my backtest results that scared me off using any of it coz i'm not sure which one is being truthful. I placed Main No Gap Generator on EURUSD, M1 and set Points to 50(5 Pip) and exported the data to CSV => Import to M5, the backtest seems cool until i thought of trying the multi symbol and all my test results were going far worse down the hill, i felt this is heart breaking coz i'm not sure which is to be believed. The Multi Symbol was placed...
As mentioned in Post 1, the Multi-Symbol version is EXPERIMENTAL! Which means you must not use it in practice, it is ONLY FOR TEST purposes.
Trading is the hardest way to make easy money...
  • #443
  • Mar 22, 2019 1:35am Mar 22, 2019 1:35am
Hello Matt!
Thank you for your great job!!
Is it possible to make an ATR (of chosen tf) based brick size option?
  • #444
  • Apr 2, 2019 2:17am Apr 2, 2019 2:17am
hi math. please help me.
i allways got this problem when i want to backtest of all your ea, except MathTrader7RenkoEA..
i have atacht ea to non gap renko chart.
help me.. Thankyou
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 198 KB
  • #445
  • Apr 2, 2019 6:50am Apr 2, 2019 6:50am
Quoting hendrotp
hi math. please help me. i allways got this problem when i want to backtest of all your ea, except MathTrader7RenkoEA.. i have atacht ea to non gap renko chart. help me.. Thankyou {image}
The Renko chart you have attached looks to have a lot of "holes" in the generated Renko data. I think that is the problem.
Trading is the hardest way to make easy money...
  • #446
  • Apr 7, 2019 11:28am Apr 7, 2019 11:28am
how to solve this problem math?
  • #447
  • Apr 8, 2019 2:28am Apr 8, 2019 2:28am
Quoting hendrotp
how to solve this problem math?
One way of backtesting EAs/Indicators on Renko charts is described here,
https://www.forexfactory.com/showthread.php?t=572375
Trading is the hardest way to make easy money...
  • #448
  • May 18, 2019 10:32pm May 18, 2019 10:32pm
Hello Math,
Can I use Moving average, trendline, etc. mt4 indicators on your non-gap Renko EA? Thanks.
  • #449
  • May 19, 2019 3:27am May 19, 2019 3:27am
Quoting salimc
Hello Math, Can I use Moving average, trendline, etc. mt4 indicators on your non-gap Renko EA? Thanks.
Hi, yes you can.
Trading is the hardest way to make easy money...
  • #450
  • May 19, 2019 6:35pm May 19, 2019 6:35pm
Quoting MathTrader7
{quote} Hi, yes you can.
Thanks.
  • #451
  • Edited 7:48pm May 19, 2019 7:29pm | Edited 7:48pm
Hi Math,
I loaded your Renko EA. But it freezes my mt4 whenever I attached the EA. First I attached renkolivecharts_pimped_v4_13. That time also the same thing happened. ****Don't bother. The problem has been solved.
  • #452
  • May 20, 2019 6:30am May 20, 2019 6:30am
Hi Math,
Do you have an alert indicator for non gap candle ?
greeting
  • #453
  • May 20, 2019 6:49am May 20, 2019 6:49am
Quoting aleks760
Hi Math, Do you have an alert indicator for non gap candle ? greeting
Hi, no I don't. But in the next version of the EA I will add this feature.
Trading is the hardest way to make easy money...
  • #454
  • May 20, 2019 6:51am May 20, 2019 6:51am
OK,
thanks
  • #456
  • Edited 5:56am May 24, 2019 5:08am | Edited 5:56am
hi Math, first i want to thank you for your great expert. i am using it for two days and something weird is happened, i used iTime[0] function on chart but it returns different value compared to market watch. does candle change its open time value? because i tried to use OnBar function that allows code to run once per bar but it keeps running on every tick. maybe i am missing sth here.

thanks.

ps: i used iBars instead and it worked.
  • #457
  • May 30, 2019 2:13am May 30, 2019 2:13am
Hi MathTrader 7. I have been using the Renko rail to rail for a while now with some good results. Thank you. I was wondering would it be possible to make an alert on the rail to rail for when 2 consecutive bars close in the same direction / colour ?
  • #458
  • Jun 3, 2019 10:00pm Jun 3, 2019 10:00pm
Is there a script that I can just drag to a chart to open an offline chart that I have already created with Renko indicator. I just want a short cut to opening an offline chart without going to offline manually to open the offline chart.
  • #459
  • Jun 17, 2019 10:11am Jun 17, 2019 10:11am
hi
please how can I solve this problem ?
Attached Image
  • #460
  • Jun 17, 2019 10:04pm Jun 17, 2019 10:04pm
Quoting hmmoor11
hi please how can I solve this problem ? {image}
1. Download MathTrader7_RenkoChartCreatorEA.ex4 from the attachments and copy it into your Experts folder.
2. Enable Allow DLL import in Tools>Options>Expert Advisors tab.
3. Refresh your MT4 platform's navigator window (or restart MT4).
4. Open a M1 chart (for example, EURUSD, M1) and attach the EA to the chart.
5. Wait for the EA to convert the history data of M1 bars into Renko bricks.
6. From File menu, select Open Offline and choose the symbol with the selected Renko time frame (for our example, it is EURUSD, M2 chart).
Now you can attach an EA to the opened Renko chart.

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