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Attachments: Offline Renko Chart Generator for MT4
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Offline Renko Chart Generator for MT4

  • #61
  • Jul 8, 2019 2:39am Jul 8, 2019 2:39am
I am requesting the codes because I wish to make some Improvements on stg renko if possible.
Thanks
  • #62
  • Jul 9, 2019 12:29pm Jul 9, 2019 12:29pm
tgdrela1,
Your Renko system sounds good. I am having difficulty downloading it. It downloads as a PDF file which I cannot open. Is there any other way I can download an EX4 file or how can I add it to my MT4
  • #63
  • Jul 9, 2019 2:30pm Jul 9, 2019 2:30pm
May be you try again with these one.
Enjoy!
Attached File(s)
File Type: ex4 STG_RenkoChart.ex4   143 KB | 2,222 downloads
File Type: ex4 STG_RenkoChart_Remote.ex4   117 KB | 1,750 downloads
File Type: ex4 STG_RoundNumber.ex4   86 KB | 1,489 downloads
File Type: ex4 STG_GMTClock.ex4   174 KB | 1,463 downloads
File Type: ex4 STG_ADR_Statistics.ex4   87 KB | 1,488 downloads
  • #64
  • Jul 9, 2019 3:58pm Jul 9, 2019 3:58pm
Hello goodgoing,
Here is the guide on how you can install any custom indicators.This guide assumes that you have opened a chart.

How to install a custom indicator to your MetaTrader 4 platform
1. Locate and copy the MT4 custom indicator file on your computer. These are the MT4 indicator files that you would have downloaded. The icons look like the following:
https://d364wuh8hyfjvy.cloudfront.ne...f23718925c.png
2. Open the data folder.
https://d364wuh8hyfjvy.cloudfront.ne...35607ec9b3.png
3. Open MQL4 file.
https://d364wuh8hyfjvy.cloudfront.ne...6b9afdebdf.png
4. Open the indicators folder.
https://d364wuh8hyfjvy.cloudfront.ne...ff19ea1ca1.png
5. Paste the files.
6. Restart MetaTrader 4.


How to use a custom indicator on your charts
1. Open your MetaTrader 4 platform.
2. Locate the Navigator panel, as below.
https://d364wuh8hyfjvy.cloudfront.ne...311938e531.png
3. On the navigator, find Custom Indicators.
https://d364wuh8hyfjvy.cloudfront.ne...2bf17f2faf.png
4. Click Custom indicators, and you should see your newly installed indicator.
https://d364wuh8hyfjvy.cloudfront.ne...2cdbaa0481.png
5. Double click the indicator and the Indicator Properties window will appear.
https://d364wuh8hyfjvy.cloudfront.ne...28ed6ab439.png
6. Click OK.

I hope it will be helpful.
Thanks
  • #65
  • Jul 9, 2019 4:18pm Jul 9, 2019 4:18pm
Hello traders,
I had requested some few days ago for original codes of stg renko indicator so that I can make some modifications on it and making the indicator more useful.Even though no one has already posted it out and may be no one is having it. I wish to share a small portion of ideas on modifications I wanted to make.One of them is enabling the stg renko indicator to generate offline charts based on ask price.Please if any one has the indicator and can code it for us please get it done, and I will share with you how beneficial it will be.
Here is an example from mathtrader7 renko which can generate chart using bid price,or ask price or average of bid and ask.
Thanks.
Attached File(s)
File Type: ex4 MathTrader7_RenkoChartCreatorEA.ex4   65 KB | 1,385 downloads
  • #66
  • Jul 9, 2019 4:53pm Jul 9, 2019 4:53pm
Hello traders,
I insist on stg renko chart to have an option to generate charts on both ask price and bid price due to the following reason.As we know in trading we always open buying order using ask price and close a buying order using bid price. Since it is much easier to open a buying trade using bid price chart as it is the price that will determine profit or loss and give a clear picture on the trade. But when we want to sell, we open selling order using bid price and close selling order using ask price. Since it is much easier to open selling trade using ask price chart as it is the price that will determine profit or loss and give a clear picture on the trade.So if anybody can do it please get it done, or else i believe i personally can make modification or any other member in the platform if we get access to the stg renko indicator codes.
Thanks
  • #67
  • Jul 30, 2019 10:20am Jul 30, 2019 10:20am
Quoting Tekkies
{quote} Found the error. - Micro account does not display the name of the instrument.
Doesn't work with a suffix (stg renko )
  • #68
  • Aug 7, 2019 9:20pm Aug 7, 2019 9:20pm
Can you get mvwap to work on it?
  • #69
  • Oct 6, 2019 1:00pm Oct 6, 2019 1:00pm
Quoting tgdrela1
Hello Campers I have been working with all kinds of Renko charts on various platforms. Unfortunately the Renko charts are not standard in Metatrader4 and most of the generators have some limitations in their usability. Therefore I have created my own that I use daily and it is by no means perfect. Main features: It is an indicator and not an EA You can generate multiple offline charts from one open chart You can generate different symbol renko charts from one chart(Use EURUSD as base) You can define your own template for the offline charts Renko...
Hi,

I know this is an old thread but few things I may ask for the developer.

1- please add two price labels at the right side of the renko boxes to indicate the next possible up AND down for either upward or downward next bar. this will help a lot when we are putting trailing stop or even the breakout entry order.

2- please please, make this for metatrader 5. I already bought a metatrader5 renko generator, problem is that, it's an EA and you can't feed more than one renko from one chart so you need to have few 1 minute charts to feed the renko box sizes you want to have. if the developer can make this indicator feeding version for metatrader 5 (I know we need custom symbols for that instead of offline chart) it would be really appreciated (please make it free same as this one).
  • #70
  • Nov 5, 2019 10:48am Nov 5, 2019 10:48am
Hi..... One Question...
It´s posible to change STG_RenkoChart_Remote Brick Value from EA??????


thanks.......
  • #71
  • Nov 26, 2019 9:47am Nov 26, 2019 9:47am
Hi
how can i hide trade buttons from main window..
for me they are just some buttons without any function..(is it for wrong folder of additional files or need some scripts?)
in addition i get this error :
STG_GMTClock.mq4 expired on: 2017.08.30 23:59

is there any update?

Attached Image (click to enlarge)
Click to Enlarge Name: Untitlvved.jpg Size: 136 KB

(sorry for my bad english )
  • #72
  • Dec 2, 2019 5:27am Dec 2, 2019 5:27am
Quoting Mkoma155
May be you try again with these one. Enjoy! {file} {file} {file} {file} {file}
What is the difference with the files in the first post please ?
  • #73
  • Feb 15, 2020 8:51pm Feb 15, 2020 8:51pm
I asked for access to the indicators to google drive... it takes to long?
  • #74
  • Feb 25, 2020 3:26am Feb 25, 2020 3:26am
Hello,
I'm trying to use your indicator but unfortunately it seems it doesn't work with suffixes
Here is an example of the error I get on the currency "EURUSD.." (the broker added the double dots here)

Inserted Code
2020.02.25 10:22:48.034 STG_RenkoChart EURUSD..,H1: Error: can't create / open history file: wrong file name: EURUSD..67.hst

If I use the indicator on a standard currency like EURUSD, everything works fine

Would it be possible to fix this ?

Thanks a lot for you hard work.
Best regards
  • #75
  • Feb 28, 2020 7:40am Feb 28, 2020 7:40am
I can not make it work. I'm adding the indicator on the chart as explained but nothing pops up, nothing happens. Any tips?
  • #76
  • Mar 4, 2020 2:13am Mar 4, 2020 2:13am
Quoting Slimsugar
{quote} Hello those the indicator work on any currency pair and timeframe?? How accurate is it and how many percent winning??
This is not a signaling indicator at all.

It should work on any pair, but to generate a proper chart, you should always use M1 and then open the generated offline chart.

To answer your question about accuracy and profitability...

It has nothing to do with the indicator, the concept behind Renko charts is to eliminate the noise in the market. Just this factor, makes it bad charting form for micro scalps and some times scalps, but...

The main factor here is the box size you use. For example, if you set your box size to 0.1 pip (1 point) any amount of order going one pip up in the price, will generate ten Renko boxes, on the other side of the spectrum, if you put 50 pips as box size, you can NEVER see intraday fluctuations of the price!

Long story short, getting a good box size that suits your needs, is the key to successfully use Renko for your strategies. Also, this means, each person would prefer a different box size because each person trades the market differently. Long story short, the question about the accuracy and profitability of Renko charts, is all about YOU as trader and experience with Renko.
  • #77
  • Mar 17, 2020 5:14pm Mar 17, 2020 5:14pm
[quote = tgdrela1; 10816456] Faça o download da versão mais recente usando o Google Drive. Dê uma olhada nesta captura de tela ... pode ser mais clara? Acho que um primata como eu pode trocar essa tendência ... {image} \ Veja como codifiquei as velas em cores acima e abaixo do Guppy. Observe também as linhas separadoras de 1 hora (é um indicador) que usamos para ver quando é provável que o mercado se mova. Happy pips PS: Hoje foi um ótimo dia depois dessa corrida ... de antemão eu estava lutando [/ quote]


Hello how are you? Could you make this renko template available as shown in the image? Thanks

Email: [email protected]
  • #78
  • Mar 28, 2020 6:59am Mar 28, 2020 6:59am
Quoting tgdrela1
Hello Campers I have been working with all kinds of Renko charts on various platforms. Unfortunately the Renko charts are not standard in Metatrader4 and most of the generators have some limitations in their usability. Therefore I have created my own that I use daily and it is by no means perfect. Main features: It is an indicator and not an EA You can generate multiple offline charts from one open chart You can generate different symbol renko charts from one chart(Use EURUSD as base) You can define your own template for the offline charts Renko...
Nice renko indicator here mate with auto refresh sure no repaint.

Its a long shot to ask but do you have the same renko indicator with auto refresh use for basket trading?
Or anyone here can share if there is a renko generator for basket trading?
Thank you in advance!
Stay safe everyone for CoVid-19
  • #79
  • Mar 29, 2020 12:11am Mar 29, 2020 12:11am
Quoting kmgfx
{quote} Nice renko indicator here mate with auto refresh sure no repaint. Its a long shot to ask but do you have the same renko indicator with auto refresh use for basket trading? Or anyone here can share if there is a renko generator for basket trading? Thank you in advance! Stay safe everyone for CoVid-19
Here is the indicators I used in basket trading I found in this forum but sadly this repaints you just need to refresh often to get the results you wanted.
First, attached the indicator BasketAnyPair_v6.mq4 to any M1 Chart then input the basket pair you want to trade ei C5 Basket EURJPY,GBPJPY,NZDUSD,GBPUSD,AUDJPY see pic as sample for configuration. The last 2 settings I dont know if I configure it correctly
just give it a try.
Attached Image


Open the offline C5 M1 Chart and attach the Kos_ind_RenkoLiveChart.mq4 so that it will generate a renko version of the chart
Attached Image


Now you have created a renko version basket chart just open it in the offline chart
Attached Image (click to enlarge)
Click to Enlarge Name: renko basket chart.jpg Size: 310 KB


I found this very usable and I use this on my trading. This setup is almost perfect it just that it need to be constantly refreshed so that it will eliminate the repaint.

The renko STG_RenkoChart .ex4 that Sir @tgdrela1 created on this thread is the perfect one since it does not repaint but sadly it wont work in basket chart.

If only could someone in this forum knows programming and edit the code since this is mq4 code and add an auto refresh just like the indicator STG_RenkoChart .ex4 in this thread then it will be the perfect basket renko indicator that will not repaint because of auto refresh.

Hoping someone could read this and get interested for this is really promising especially if you love renko trading.

Best,
iLovePA
Attached File(s)
File Type: mq4 BasketAnyPair_v6.mq4   14 KB | 932 downloads
File Type: mq4 Kos_ind_RenkoLiveChart.mq4   32 KB | 1,252 downloads
  • #80
  • Mar 29, 2020 6:23pm Mar 29, 2020 6:23pm
Hi,
I use this indicator refresh my charts automatically. However, it does take more computer resources & can slow down your system response time.

tks,
cdk
Attached File(s)
File Type: ex4 !!!-MT4 X-AUTOREFRESH.ex4   5 KB | 943 downloads
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