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Non-gap Renko Chart Creator EA

  • #821
  • Jul 14, 2022 1:19pm Jul 14, 2022 1:19pm
Quoting FxHiveMind
{quote} Hey MathTrader7 please let me know what you think of above reply if this solution is a good idea or even possible.
Hi,

One way (that I have already implemented in one of my own Renko builders) is to sync with the OPEN of the daily candle. I might add such functionality to the non-gap Renko creator EA as an option in the next versions.

/Matt
Trading is the hardest way to make easy money...
  • #822
  • Jul 14, 2022 3:56pm Jul 14, 2022 3:56pm
Quoting MathTrader7
{quote} Hi, One way (that I have already implemented in one of my own Renko builders) is to sync with the OPEN of the daily candle. I might add such functionality to the non-gap Renko creator EA as an option in the next versions. /Matt
that sounds equally amazing and sounds consistent as long as each broker has same daily candle some are off by an hour.

Is there a eta to when you can release the non gap renko builder with that functionality? I for one would pay for it if needed. i need that feature
  • #823
  • Aug 7, 2022 12:39pm Aug 7, 2022 12:39pm
Hi MathTrader,

I'm enthusiastic about your work. Here and in the parallel thread ("Lets Automate a Simple Renko Strategy!"). Wow. Big compliment.

Now my broker only provides me with MT5 access. Is it possible to make the ex4-files (MathTrader7_RenkoEA.ex4 and MathTrader7_RenkoChartCreatorEA.ex4) available as ex5-files?

Then I could also work with these. I would be delighted.

Thank you very much for your feedback!

A good start into the new week,

0815-Trader
  • #824
  • Aug 7, 2022 4:04pm Aug 7, 2022 4:04pm
Quoting Trader0815
Hi MathTrader, I'm enthusiastic about your work. Here and in the parallel thread ("Lets Automate a Simple Renko Strategy!"). Wow. Big compliment. Now my broker only provides me with MT5 access. Is it possible to make the ex4-files (MathTrader7_RenkoEA.ex4 and MathTrader7_RenkoChartCreatorEA.ex4) available as ex5-files? Then I could also work with these. I would be delighted. Thank you very much for your feedback! A good start into the new week, 0815-Trader
Hi,

Unfortunately it is not possible to convert EX4 files to working EX5 files without a thorough programming effort.

/Matt
Trading is the hardest way to make easy money...
  • #827
  • Sep 28, 2022 6:58pm Sep 28, 2022 6:58pm
I don't believe MT5 allows Renko.
  • #828
  • Edited 10:14am Jan 18, 2023 10:02am | Edited 10:14am
Hi MathTrader7
Many thanks for the wonderful work and kindness to share your tools with us.
I have an EA that works on all timeframes except renko. It opens trades if HMA's are all poinitng up or down and when the bar opens once the signal is printed. I have tried to make it work with my noob brain, and haven't been able to succeed. I'm wondering if you'd be kind enough to take a look at the code and let me know how I can fix it to be able to trade on your renko charts?
First one is the EA.
Second one is the indicator that sends signals to the EA.

Many thanks
Attached File(s)
File Type: mq4 HMA-Trend 2.mq4   12 KB | 288 downloads
File Type: mq4 HMA TREND 2.mq4   10 KB | 355 downloads
  • #829
  • Aug 5, 2023 8:09am Aug 5, 2023 8:09am
Hello MathTrader7..

Thanks for sharing this great Renko Creator EA with community.. Appreciate that..

As a suggestion/request :
In new version would you think to add a new option to define renko brick size using ATR/ADR , applying a multiplier on the calculated ATR value.. As separate inputs for
* ATR TimeFrame
* ATR Period
* ATR Multiplier

and also the EA can update new brick size on each day begins..

Thank you...
  • #830
  • Edited Aug 7, 2023 6:44am Aug 6, 2023 9:23am | Edited Aug 7, 2023 6:44am
Quoting hkngns
Hello MathTrader7.. Thanks for sharing this great Renko Creator EA with community.. Appreciate that.. As a suggestion/request : In new version would you think to add a new option to define renko brick size using ATR/ADR , applying a multiplier on the calculated ATR value.. As separate inputs for * ATR TimeFrame * ATR Period * ATR Multiplier and also the EA can update new brick size on each day begins.. Thank you...
Version 1.71 released (I updated Post 1 where you can download it).
In this version I added ATR based brick size calculation. Please note that the brick size will be calculated based on ATR only once (when attaching the EA to a chart). It is not a dynamic Renko brick size calculation in this version.
Trading is the hardest way to make easy money...
  • #831
  • Aug 7, 2023 10:33am Aug 7, 2023 10:33am
Quoting MathTrader7
{quote} Version 1.71 released (I updated Post 1 where you can download it). In this version I added ATR based brick size calculation. Please note that the brick size will be calculated based on ATR only once (when attaching the EA to a chart). It is not a dynamic Renko brick size calculation in this version.
Thank you MathTrader7.. You are fast..
Can you please check the ATR option , i think it is not using multiplier but just the ATR value on its own.
if i may suggest another update : The EA neither reflects changes made in settings to open offline renko chart nor reopens a closed offline chart unless the EA is removed and attached to the source chart manually..

Cheers..
  • #832
  • Aug 8, 2023 4:54am Aug 8, 2023 4:54am
Quoting hkngns
{quote} Thank you MathTrader7.. You are fast.. Can you please check the ATR option , i think it is not using multiplier but just the ATR value on its own. if i may suggest another update : The EA neither reflects changes made in settings to open offline renko chart nor reopens a closed offline chart unless the EA is removed and attached to the source chart manually.. Cheers..
Version 1.73 released (I updated Post 1 where you can download it).
In this version I fixed the bugs that you mentioned.
Trading is the hardest way to make easy money...
  • #833
  • Aug 8, 2023 8:30am Aug 8, 2023 8:30am
Quoting MathTrader7
{quote} Version 1.73 released (I updated Post 1 where you can download it). In this version I fixed the bugs that you mentioned.
Thank you MathTrader7..

Here i am again.. Sorry if i am bothering you.. I have noticed something unusual..
I have a default template including a single indicator which prints a ZigZag and properties of reversal points as HH/HL/LH/LL text objects..
When the EA is attached for the first time offline chart is displayed and default template is loaded and all is displayed as they should be..
Soon after a change made in the settings or the renko chart is closed and forced to be opened by the EA , resulting offline chart does not show any graphical object on the updated chart.. They are not hidden but not displayed..

Thank you for your patience..
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 64 KB
  • #834
  • Aug 8, 2023 8:52am Aug 8, 2023 8:52am
Quoting hkngns
{quote} Thank you MathTrader7.. Here i am again.. Sorry if i am bothering you.. I have noticed something unusual.. I have a default template including a single indicator which prints a ZigZag and properties of reversal points as HH/HL/LH/LL text objects.. When the EA is attached for the first time offline chart is displayed and default template is loaded and all is displayed as they should be.. Soon after a change made in the settings or the renko chart is closed and forced to be opened by the EA , resulting offline chart does not show any graphical...
Is your template saved as "Default.tpl"? If so, it works just fine on my side. If not, what the template is saved as?

/Matt
Trading is the hardest way to make easy money...
  • #835
  • Aug 8, 2023 8:58am Aug 8, 2023 8:58am
Quoting MathTrader7
{quote} Is your template saved as "Default.tpl"? If so, it works just fine on my side. If not, what the template is saved as? /Matt
Yes it is Default.tpl
But the problem is not even about using a template.. I tried to add same indicator manually.. same thing happened.. Graphical objects in offline chart is not shown at all, even the ones drawn manually.. The funny thing is they are shown if the EA creates offline chart for the first time..

Found something while searching https://www.mql5.com/en/forum/77192
Hope that helps.

Hakan..
  • #836
  • Edited 3:33pm Aug 8, 2023 9:14am | Edited 3:33pm
Quoting hkngns
{quote} Yes it is Default.tpl But the problem is not even about using a template.. I tried to add same indicator manually.. same thing happened.. Graphical objects in offline chart is not shown at all, even the ones drawn manually.. The funny thing is they are shown if the EA creates offline chart for the first time.. Found something while searching https://www.mql5.com/en/forum/77192 Hope that helps. Hakan..
Could you test this version (1.74) to see whether it solves the problem. If so, I will release it in the first post.
Trading is the hardest way to make easy money...
  • #837
  • Aug 8, 2023 9:18am Aug 8, 2023 9:18am
Quoting MathTrader7
{quote} Could you test this version (1.74) to see whether it solves the problem. If so, I will release it in the first post. {file}

Unfortunately no
  • #838
  • Aug 8, 2023 9:23am Aug 8, 2023 9:23am
Quoting hkngns
{quote} Unfortunately no
It just works fine on my side!
Unfortunately I cannot replicate the issue.

/Matt
Trading is the hardest way to make easy money...
  • #839
  • Aug 26, 2023 9:23pm Aug 26, 2023 9:23pm
Quoting MathTrader7
{quote} Version 1.71 released (I updated Post 1 where you can download it). In this version I added ATR based brick size calculation. Please note that the brick size will be calculated based on ATR only once (when attaching the EA to a chart). It is not a dynamic Renko brick size calculation in this version.
This is a good thing as changing brick size will effect trading rules and change parameters of your trading system.
  • #840
  • Sep 16, 2023 2:57pm Sep 16, 2023 2:57pm
I tried this beautiful renko mt4 charting EA that you did... It is awesome!!!

Do you have any mt5 version available? I would pay for your outstanding work.
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