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Renko channel - very accurate (assembled by me)

  • #21
  • Apr 9, 2020 7:43am Apr 9, 2020 7:43am
Quoting kodakwhite
{quote} So you are millionaire renko trader? Let the man trade his own way and with indicators or not if it works for him.
Did you just get upset because some stranger gave an advice to another in a forum over the internet??

really??

  • #22
  • Apr 9, 2020 7:47am Apr 9, 2020 7:47am
Quoting havo
{quote} Did you just get upset because some stranger gave an advice to another in a forum over the internet?? really??

I didn't get mad, just pointing out that saying what people should do when you yourself probably suck at it make no sense. Take your own advice before telling them to others - that's it, it will make your life better and others too.
  • #23
  • Apr 9, 2020 7:55am Apr 9, 2020 7:55am
Quoting rolandbeck
{quote} Maybe you can give some details? I like Renko from the pictures I see, but always I tried they my own it was not very successful. You wrote "Read RENKO and what its telling you" - can you explain that?
ITs easy my friend.. well, lets say "simple" instead of easy because people in general doesnt like to hear that word + trading in the same sentence =)

Renko its just a bunch of price "blocks" of certain pip size (chosen by you) correct? you have an Open/High/Low/Close right? that relationship between OHLC (and what it means the price its doing) gives you clues of what the markets its going to do next; when you can read 1 candle, you can read a group of candle and forecast where the price its going with a high degree of accuracy.. SIMPLE but of course needs some practice

Once you can do that you can literally see the market turning around (like a swing trader likes) OR keep moving in 1 direction (like "trend traders like lol), you just need to wait for it

a loss/gain of momentum/impulse its all you need to maybe confirm what you are looking in the chart... the OP its using BANDS, wich its a way to find the price "max" extensions on a given moment and confirm if its a good moment to enter or not, thats it =)
  • #24
  • Apr 9, 2020 8:20am Apr 9, 2020 8:20am
Quoting kodakwhite
{quote} I didn't get mad, just pointing out that saying what people should do when you yourself probably suck at it
you are talking about using renko?? or reading renko in itself? because i have a few years doing this.. and maybe i dont suck because its my only income =)

Quoting kodakwhite
{quote}make no sense. Take your own advice before telling them to others - that's it, it will make your life better and others too.
I take my own advice every single day, exactly how i posted !! what makes you think i dont? maybe you should try and stablish a conversation first before making assumptions about someone dont you think? after all you never know who are you talking too or what kind of experience that person have in the first place.

I have a lot of experience with renko, i tried everything in the past, you name it, ive done it (literally) and i can explain why it works/doesnt, im always open to help others with a good attitude (key word)


ASK AWAY, im willing to contribute =)
  • #25
  • Apr 9, 2020 8:41am Apr 9, 2020 8:41am
Hey, I'm alomst set up to give this a whirl but I cant seem to get the Semafor alerts indicator to work. I've put it in the indicator folder is this wrong? Becuase nothing happens when I try to attach it onto the charts. Any suggetions would be appreciated!

Kind regards,
  • #26
  • Apr 9, 2020 8:47am Apr 9, 2020 8:47am
[quote = Beerrun; 12867344] {quote} Solo uno di loro, SemaforAlert, non viene rubato, codice decompilato. Anche la pesantezza della ram è probabilmente dovuta al codice PriceBorder che chiama il proprio EA o se stesso tramite iCustom https://docs.mql4.com/indicators/icustom Gs_148 = WindowExpertName (); ... Gda_132 [Li_4] = iCustom (NULL, Gi_164, Gs_148, "compareTma", HalfLength, Price, ATRMultiplier, ATRPeriod, 0, Li_44); Gda_136 [Li_4] = iCustom (NULL, Gi_164, Gs_148, "compareTma", HalfLength, Price, ATRMultiplier, ATRPeriod, 1, Li_44); Gda_140 [Li_4] = iCustom (NULL, Gi_164, Gs_148, "compareTma", HalfLength, Price, ATRMultiplier, ATRPeriod, 2, Li_44); Gda_144 [Li_4] = iCustom (NULL, Gi_164, Gs_148, "compareTma", HalfLength, Price, ATRMultiplier, ATRPeriod, 3, Li_44); [/ quote]

thanks a lot .. is there any way to modify it so that it does not weigh down the ram?
  • #27
  • Apr 9, 2020 8:49am Apr 9, 2020 8:49am
Quoting Beerrun
{quote} Only one of them, SemaforAlert, is not stolen, decompiled code. Also the ram heaviness is probably due to the PriceBorder code calling its own EA or self through iCustom https://docs.mql4.com/indicators/icustom Gs_148 = WindowExpertName(); ... Gda_132[Li_4] = iCustom(NULL, Gi_164, Gs_148, "calculateTma", HalfLength, Price, ATRMultiplier, ATRPeriod, 0, Li_44); Gda_136[Li_4] = iCustom(NULL, Gi_164, Gs_148, "calculateTma", HalfLength, Price, ATRMultiplier, ATRPeriod, 1, Li_44); Gda_140[Li_4] = iCustom(NULL, Gi_164, Gs_148, "calculateTma",...

thanks a lot .. is there any way to modify it so that it does not weigh down the ram?
  • #28
  • Apr 9, 2020 8:54am Apr 9, 2020 8:54am
Quoting havo
{quote} you are talking about using renko?? or reading renko in itself? because i have a few years doing this.. and maybe i dont suck because its my only income =) {quote} I take my own advice every single day, exactly how i posted !! what makes you think i dont? maybe you should try and stablish a conversation first before making assumptions about someone dont you think? after all you never know who are you talking too or what kind of experience that person have in the first place. I have a lot of experience with renko, i tried everything in the...
Thank you for explanations, you just sounded like person who just go around the forum, say "do this do this" but themselves they suck or they losing money yet they suggesting blindly like they know something, but if you walk the talk - great, contribute and make world better but most people here seems to give advice that they lost money themselves
  • #29
  • Edited 9:39am Apr 9, 2020 9:28am | Edited 9:39am
Quoting Beerrun
{quote} Only one of them, SemaforAlert, is not stolen, decompiled code. Also the ram heaviness is probably due to the PriceBorder code calling its own EA or self through iCustom https://docs.mql4.com/indicators/icustom Gs_148 = WindowExpertName(); ... Gda_132[Li_4] = iCustom(NULL, Gi_164, Gs_148, "calculateTma", HalfLength, Price, ATRMultiplier, ATRPeriod, 0, Li_44); Gda_136[Li_4] = iCustom(NULL, Gi_164, Gs_148, "calculateTma", HalfLength, Price, ATRMultiplier, ATRPeriod, 1, Li_44); Gda_140[Li_4] = iCustom(NULL, Gi_164, Gs_148, "calculateTma",...
"Only one of them, SemaforAlert, is not stolen, decompiled code"

The rest i am going to operate -
Guys,sorry jumping in without permission
"PriceBorder" is "centered TMA bands" originally,repainter
"RenkoStreet_channel" is "Donchain channel" originally but edited/coded badly and hides parameters on purpose (misleading) - shifted back -12 per - apply donchain with per 24 and shift back -12 for highlow and see,in example pic both applied and are overlapping
Halftrend and spear rc are much OK
when users trading with the help and guide by indicators,they follow indicators formation,it means depending on,so misleading (i means telling something wrong way/repainting) the user that results to loss --- but you can go ahead how you like and what suits you
what i feel and say always when there are already so many things and features related to online trading are at risk,at least use reliable indicators
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  • #30
  • Apr 9, 2020 9:41am Apr 9, 2020 9:41am
Quoting mntiwana
{quote} "Only one of them, SemaforAlert, is not stolen, decompiled code" The rest i am going to operate - Guys,sorry jumping in without permission "PriceBorder" is "centered TMA bands" originally,repainter "RenkoStreet_channel" is "Donchain channel" originally but edited/coded badly and hides parameters on purpose (misleading) - shifted back -12 per - apply donchain with per 24 and shift back -12 for highlow and see,in example pic both applied and are overlapping Halftrend and spear rc are much OK when users trading with the help and guide...
ok I understand...
what indicators do you recommend to replace the bands ..
keeping the same logic of this system obviously.
  • #31
  • Apr 9, 2020 9:50am Apr 9, 2020 9:50am
Quoting havo
{quote} you are talking about using renko?? or reading renko in itself? because i have a few years doing this.. and maybe i dont suck because its my only income =) {quote} I take my own advice every single day, exactly how i posted !! what makes you think i dont? maybe you should try and stablish a conversation first before making assumptions about someone dont you think? after all you never know who are you talking too or what kind of experience that person have in the first place. I have a lot of experience with renko, i tried everything in the...
I am willing to learn sir,please give me a hint as to which pi size box we should use
  • #32
  • Apr 9, 2020 10:15am Apr 9, 2020 10:15am
Hello, please I download that file and put it everything to MT4 but it looks like semafor doesnt work
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  • #33
  • Apr 9, 2020 10:17am Apr 9, 2020 10:17am
Quoting valdecchio
[quote = Beerrun; 12867344] {quote} Solo uno di loro, SemaforAlert, non viene rubato, codice decompilato. Anche la pesantezza della ram è probabilmente dovuta al codice PriceBorder che chiama il proprio EA o se stesso tramite iCustom https://docs.mql4.com/indicators/icustom Gs_148 = WindowExpertName (); ... Gda_132 [Li_4] = iCustom (NULL, Gi_164, Gs_148, "compareTma", HalfLength, Price, ATRMultiplier, ATRPeriod, 0, Li_44); Gda_136 [Li_4] = iCustom (NULL, Gi_164, Gs_148, "compareTma", HalfLength, Price, ATRMultiplier, ATRPeriod, 1, Li_44);...
"tma centered bands 2.03 mtf"
Try this of Mladen's latest "tma centered bands 2.03 mtf" extended by Mrtools,may be solve your issue,most probably a limiting bar ver solve it too
applied both with same attributes and hiding each other
the version includes a lot of alerting capability
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Attached File(s)
File Type: ex4 tma centered bands 2.03 mtf.ex4   48 KB | 1,228 downloads
  • #34
  • Apr 9, 2020 10:23am Apr 9, 2020 10:23am
Quoting valdecchio
{quote} ok I understand... what indicators do you recommend to replace the bands .. keeping the same logic of this system obviously.
If you thinking and hoping some alternative to that band there is no till now and never be in future even,when you remove that repainting part to make it nrp this will not give you that display/formation alike that attractive but misleading
as per Mladen's saying "nrp of centered tma is lwma" bands but display will be different
  • #35
  • Apr 9, 2020 10:37am Apr 9, 2020 10:37am
Quoting sakultrader
Hello, please I download that file and put it everything to MT4 but it looks like semafor doesnt work {image}
did you restart mt4? have you entered all the indicators on the indicators folder?
  • #36
  • Apr 9, 2020 10:52am Apr 9, 2020 10:52am
Quoting mntiwana
{quote} If you thinking and hoping some alternative to that band there is no till now and never be in future even,when you remove that repainting part to make it nrp this will not give you that display/formation alike that attractive but misleading as per Mladen's saying "nrp of centered tma is lwma" bands but display will be different
i tried the tma_centered bands_2.03_mtf.ex4
and it works very well, finally the computer doesn't crash anymore ... much smoother ... Beautiful !!
thank you very much very kind !!
  • #37
  • Apr 9, 2020 11:19am Apr 9, 2020 11:19am
Quoting valdecchio
{quote} ok I understand... what indicators do you recommend to replace the bands .. keeping the same logic of this system obviously.
ASk yourself this question:

what are you measuring with bands? what info are they telling you??

you are trying to pick the price extreme right?? what other way you have to do it? there are a few more consistent and reliable ways to do it but like always, it needs to be backed by reading the price to confirm its the right moment
  • #38
  • Apr 9, 2020 2:04pm Apr 9, 2020 2:04pm
[quote = havo; 12868163] {quote} Poni questa domanda: cosa stai misurando con le bande? quali informazioni ti stanno dicendo ?? stai cercando di scegliere il prezzo estremo giusto ?? in quale altro modo devi farlo? ci sono alcuni modi più coerenti e affidabili per farlo, ma come sempre, deve essere supportato leggendo il prezzo per confermare che è il momento giusto [/ quote]
yes right ... I get the extreme price ..
how do you do instead? don't you use renko?
  • #39
  • Apr 9, 2020 5:39pm Apr 9, 2020 5:39pm
Quoting sakultrader
Hello, please I download that file and put it everything to MT4 but it looks like semafor doesnt work {image}
Figured out the problem, you have to make sure you copy over the .ex4 file and not the mq4 one. it usually works with either but should work after that.
  • #40
  • Apr 10, 2020 6:28am Apr 10, 2020 6:28am
Quoting hampy
{quote} Figured out the problem, you have to make sure you copy over the .ex4 file and not the mq4 one. it usually works with either but should work after that.
Thank you very much hampy, now everything is working clear
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