This thread is for the Freely available Renko code posted in this thread.
Thanks all ...
EllisEdi Moving on to my next trade ...
- #143
- Aug 28, 2009 12:25am Aug 28, 2009 12:25am
- Joined Mar 2006 | Status: THANK YOU MERLIN,TWEE and FF Team | 4,603 Posts
- #144
- Aug 28, 2009 1:22am Aug 28, 2009 1:22am
- Joined Jun 2009 | Status: <-That's how u gonna b, in the END! | 1,509 Posts
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
- #146
- Edited 1:28am Aug 28, 2009 1:26am | Edited 1:28am
- Joined Mar 2006 | Status: THANK YOU MERLIN,TWEE and FF Team | 4,603 Posts
- #150
- Aug 28, 2009 2:18pm Aug 28, 2009 2:18pm
LastViking...I see you browsing ;-)
Is there a way to easily show the color change on the chart? I am getting nothing but green blocks on my M2 chart.
Many thanks!
Sherri
P.S. I am willing to dig in and program it if it is not already done....
To change the color of the chart it is just the same as normal, just click properties and change the colors and that should be it
dear all
tnx for ranko
whats refreshrate in setting?
its 0 for me
This method for calculating the input for BoxSize is only used when your broker uses 5 digit pricing.
From the chart you posted it looks like your broker uses "Fractional pips" or "Pippettes" (5 digit broker, 5 places after decimal on instruments like EUR/USD and 3 decimal places on instruments like GBP/JPY)...
- #153
- Edited 12:06pm Aug 29, 2009 10:43am | Edited 12:06pm
First of all congrats for the version 1.6
#Elis whats the difference between the commercial indi available and your version 1.6.
#One thing i found was ver 1.6 forms renko bars using the price at that movement in live and in historical data it forms renko bars using close price not the high and low this means what ever is backtested will not perform same way in live market even if used on m1.
elis can that thing be resolved.I will wait for your answer.
Thanks.
(I appretiate your efforts and programming skills)
Just to be clear, this latest code is from LastViking and Lou G . My code was sloppy compared to theirs and lacked volume, but I hope I helped inspire its creation a bit.
Renko Bricks should be created with tick data, but since Mt4 does not record historical tick data just 1 minute candles a compromise has to be taken. After looking at the code in v1.6, I see that is does use the High and Low when calculating the historical bricks.
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[i]while(High[i] >= PrevHigh+BoxPoints)
.
.
.
while(!UpTrend && Low <= PrevLow-BoxPoints) {
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********************
This code seems as complete as it will ever get.
It is well written, clear and a very good job. Congratulations and Thanks should go to all who participated and especially to LastViking and Lou G.
EllisEdi Moving on to my next trade ...
- #155
- Aug 29, 2009 12:03pm Aug 29, 2009 12:03pm
- Joined Jun 2009 | Status: <-That's how u gonna b, in the END! | 1,509 Posts
I don't understand this - --Open the offline Chart, the one it says to open, on Top left of chart (after dragging it)
How to open this chart?
The old version used to Print on Chart on top left about which offline chart to open depending upon the BoxSize selected in script.
But that feature is of no use now as now in latest versions, when you drag the script it asks for RenkoTimeFrame .
So Say 2 is there in RenkoTimeFrame setting(its the default) , it means after dropping the script onto 1min Chart (of pair you want to see renko bars for)
You need to Goto File> Open Offline Chart and select the M2 chart of same pair to see renko bars forming live
Simple!
Any more probs...then you need a Video demo!
Hope this helps
Regards
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
