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Renko channel + Fast EMA = simple and profitable

  • #741
  • Feb 29, 2020 3:57pm Feb 29, 2020 3:57pm
Quoting cdk1212
{quote} Hi Hutch, I loaded that in my indicator folder & expert folder, but can't get it to produce an offline chart or attach to chart. Any suggestions? tks, cdk
Never mind, I figured it out.

tks,
cdk
  • #742
  • Feb 29, 2020 4:12pm Feb 29, 2020 4:12pm
Reading this thread some traders have problem with no gap Renko EA. Attached are two charts. The first one is the same as the one in post #738 above but using Renko parallel mode. It shows little difference from that chart because of the high Renko brick size of 100 pips and the shift of 10%. The second chart shows only the normal Renko parallel mode shifted 100% (normal Renko chart). The indicator is also attached. Now you have more choices to choose your favorite chart
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Renko $10 pips shifted 10% parallel mode.png Size: 30 KB
Click to Enlarge Name: Renko $10 pips parallel mode.png Size: 37 KB
Attached File(s)
File Type: ex4 ! MTH Renko Chart Builder Indi Ver 02 parallel mod.ex4   9 KB | 1,258 downloads
  • #743
  • Mar 2, 2020 7:02am Mar 2, 2020 7:02am
Hello,

I've been reading this thread and I've tried the EAs from MathTrade7 and they are not working on my MT4 platform Build 1260 (offline unchecked box ), they are not open trades or not even working.

Anybody with same issue? I tried all EAs versions.

Thanks, Luis
  • #744
  • Mar 2, 2020 7:45am Mar 2, 2020 7:45am
sorry for my very bad english.
I am using the translator
I started today with a small deposit on the real account and I would like to thank everyone who contributed to the development of this topic
  • #745
  • Mar 2, 2020 4:22pm Mar 2, 2020 4:22pm
Quoting LuisCarlosF
Hello, I've been reading this thread and I've tried the EAs from MathTrade7 and they are not working on my MT4 platform Build 1260 (offline unchecked box ), they are not open trades or not even working. Anybody with same issue? I tried all EAs versions. Thanks, Luis
The indicator that I posted in post #742 above produces the same chart as MathTrader7 except that it can also produce geometric parallel Renko charts. As you can see it's working properly
  • #746
  • Mar 2, 2020 4:27pm Mar 2, 2020 4:27pm
Quoting Hutch
{quote} The indicator that I posted in post #742 above produces the same chart as MathTrader7 except that it can also produce geometric parallel Renko charts. As you can see it's working properly
Hi Hutch,

I was refering to the EAs created for this strategy, not for EAs that build Renko Charts.

Thanks, Luis
  • #747
  • Mar 3, 2020 3:01pm Mar 3, 2020 3:01pm
Hello

How can i use the indicator for forex pairs. I want it shifted for 10% but for 3 pip size bricks.
If someone could help me i would be thankful.


Thank you,
  • #748
  • Apr 27, 2020 3:43am Apr 27, 2020 3:43am
Quoting MathTrader7
Here is Version 1.60 of the EA. This version is compiled with MT4 build 910, and it only works for those having MT4 build 910+. I removed MA Trend filter, and I added another filter with some optimization that I get the following results.{image} Note 1: This EA only works on non-gap Renko charts. You can download the required Renko builder EA from here. Note 2: This version is not fully tested. It may represent some bugs. Please report your observations. How to install this EA on your...
Hi MathTrader7, I am trying to load MT7_RenkoStreetEA last version with a RenkoNonGap chart (using your ChartBuilder in thread https://www.forexfactory.com/showthread.php?t=535170) but it shows me the message "Please attach the EA to a non-gap Renko Chart".

What am I doing bad? OTherwise, with MT7_RenkoEA works fine.

Thanks mate for all your help!
  • #749
  • Apr 27, 2020 4:09am Apr 27, 2020 4:09am
Quoting serchfx00
{quote} Hi MathTrader7, I am trying to load MT7_RenkoStreetEA last version with a RenkoNonGap chart (using your ChartBuilder in thread https://www.forexfactory.com/showthread.php?t=535170) but it shows me the message "Please attach the EA to a non-gap Renko Chart". What am I doing bad? OTherwise, with MT7_RenkoEA works fine. Thanks mate for all your help!
Problem solved, I rename RenkoStreetChannel indicator as originally, and it works fine, thanks!
  • #750
  • May 12, 2020 3:46pm May 12, 2020 3:46pm
Hello everyone.
I want to thank skyler for the idea of the system. Also, special thanks to MathTrader7 for automating the system and constant support. And also to everyone who shares their ideas and improvements. I tried the system in manual mode and liked its simplicity and clarity.

Everything was fine until I decided to install an automatic version. I am new to working with Renko and may not have taken into account some things in the installation.

At first I set the graph type M1
Then i drop on the M1 chart MathTrader7_RenkoChartCreatorEA with standard settings.
After that it automatically opens the Chart with Renko M3.i drop on this chart MathTrader7_RenkoStreetEA.
...and the system does not trade. I bet with and without the channel indicator. The result is the same-there are no deals.

Trading with expert advisors is allowed in the terminal settings.
Help me make this thing work.I will be very grateful for any help.

Thanks!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.png Size: 125 KB
Click to Enlarge Name: 2.png Size: 27 KB
Click to Enlarge Name: 3.png Size: 30 KB
Click to Enlarge Name: 5.png Size: 130 KB
Attached Image
  • #751
  • Sep 9, 2020 11:04am Sep 9, 2020 11:04am
Quoting MathTrader7
{quote} Attached is terminal.exe build 910. You can replace your current MT4 terminal.exe with the attached to update your platform to 910. You need both parts to extract the whole file terminal.exe. {file} {file}

Hello Math and Sky!

First of all thank you for the amazing guy's that you are for sharing!

But like others arround here we allways have the message " please use the EA in a renko no gap "

I have tried everything and every versions with on/off offline chart and allways get the same error...

my mt4 build is the 1280. You think its beacuse of that?

Really want to try this amazing EA

Best Regards
  • #752
  • Sep 11, 2020 6:36am Sep 11, 2020 6:36am
Why are people using these 100 % stupid and useless repaint indicators ?
  • #753
  • Sep 11, 2020 3:47pm Sep 11, 2020 3:47pm
Quoting wansiman
Why are people using these 100 % stupid and useless repaint indicators ?
Whether an indicator repaints or not it's not relevant. What matter is how the indicator works and the level of knowledge of traders using them. By the comment you made I know you will not believe this but some repainting indicators are sometime better than indicators that don't repaint. Learning to use repainting indicators is part of learning how to trade.
  • #754
  • Sep 12, 2020 7:50am Sep 12, 2020 7:50am
Quoting Hutch
{quote} Whether an indicator repaints or not it's not relevant. What matter is how the indicator works and the level of knowledge of traders using them. By the comment you made I know you will not believe this but some repainting indicators are sometime better than indicators that don't repaint. Learning to use repainting indicators is part of learning how to trade.

If you could trade you don't use any indicators at all.
  • #755
  • Sep 12, 2020 10:05am Sep 12, 2020 10:05am
Quoting wansiman
{quote} If you could trade you don't use any indicators at all.
doesnt mean you use indicator, you dont know how to trade.. you're a boastfull bastard bro!
  • #756
  • Sep 12, 2020 11:58am Sep 12, 2020 11:58am
Quoting Hutch
{quote} By the comment you made I know you will not believe this but some repainting indicators are sometime better than indicators that don't repaint.
Dont just say it, Prove it !
Almost of all indicators are junk, but repainting indis take it to a whole another level.
  • #757
  • Edited 1:28pm Sep 12, 2020 12:09pm | Edited 1:28pm
Quoting wansiman
Why are people using these 100 % stupid and useless repaint indicators ?
Because sometimes it feels good to be fooled or to fool other people too
  • #758
  • Sep 12, 2020 4:08pm Sep 12, 2020 4:08pm
Quoting metta87
{quote} Dont just say it, Prove it ! Almost of all indicators are junk, but repainting indis take it to a whole another level.
Well you made your statement but did not offer any proof. Here is proof that the repainting indicator I use for my day trading is a lot better than three non-repainting indicators of the same category. Please show me a HalfTrend non-repainting indicator that is as good as the one I use in my daily trading. All the HalfTrend indicators shown in the pictures have an amplitude of 2 that I use to trade the DAX using Renko (last hour of trading Friday).

HalfTrend TT [x5v4] repaints but gives excellent signals of trend reversal and rarely repaints. Do you see a problem with that indicator?

Half-Trend NRP_Mladen doesn't repaints but gives signals 2 bars after HalfTrend TT and sometime gives a signal when the trend has ended (second green arrow at 22:53 then a few more). HalfTrend 2 and Half-Trend-buy-sell-indicator don't repaint but also sometime give signals when the trend has ended. I suspect that these two indicators are copy cats of the original Half-Trend NRP_Mladen indicator. If you don't have a problem with these 3 non-repainting indicators use them in your trading. I prefer the HalfTrend TT [x5v4] repainting indicator
Attached Image(s) (click to enlarge)
Click to Enlarge Name: HalfTrend TT [x5v4].png Size: 40 KB
Click to Enlarge Name: Half-Trend NRP_Mladen.png Size: 38 KB
Click to Enlarge Name: HalfTrend 2.png Size: 42 KB
Click to Enlarge Name: Half-Trend-buy-sell-indicator.png Size: 41 KB
  • #759
  • Sep 12, 2020 4:12pm Sep 12, 2020 4:12pm
Quoting metta87
{quote} Because sometimes it feels good to be fooled or to fool other people too
I don't fool people by stating garbage in my posts and I prefer not to be fooled

Inserted Video
  • #760
  • Sep 13, 2020 2:51am Sep 13, 2020 2:51am
Quoting Hutch
{quote} Well you made your statement but did not offer any proof. Here is proof that the repainting indicator I use for my day trading is a lot better than three non-repainting indicators of the same category. Please show me a HalfTrend non-repainting indicator that is as good as the one I use in my daily trading. All the HalfTrend indicators shown in the pictures have an amplitude of 2 that I use to trade the DAX using Renko (last hour of trading Friday). HalfTrend TT [x5v4] repaints but gives excellent signals of trend reversal and rarely repaints....
So you buy when it goes from red to green and sell when it goes from green to red ?
You don't need an indicator at all
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