I'd appreciate if someone would take some time and add an alert to the final 3.2 version so that a sound alarm goes off when a different color Renko bar is fully completed/closed. Thank you.
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Dislikedquestion: is the 3.2 an EA or a script? could you please attach it here?
many thanksIgnored
Disliked1. Use RenkoLiveChart_v3.2 installed according to directions (use the paperclip icon to find RLC_v3.2 and search this thread for installation instructions). Set up your charts on EURUSD.
2. Set blocksize to 10 and don't bother with wicks.
3. Open trade on a basic Renko signal (2 or more down blocks followed by 1 up block, vice-versa for short) with a 30 pip stop.
4. Close half the trade at +10 pips (net +8 after spread), move stop to breakeven and let the other half run until a basic Renko signal in the opposite direction.
5. Trade only between...Ignored
DislikedThanks! Very accurate and helpful!
I do have an issue though with this EA - when i load the M2 offline chart , what comes up is not an M2 chart but a longer timeframe chart as waves are 500 pips and more, guess it's the weekly.. any idea why?Ignored
DislikedThanks! Very accurate and helpful!
I do have an issue though with this EA - when i load the M2 offline chart , what comes up is not an M2 chart but a longer timeframe chart as waves are 500 pips and more, guess it's the weekly.. any idea why?Ignored
Dislikedplease see pic
[IMG]file:///C:/Users/ALESSA%7E1/AppData/Local/Temp/moz-screenshot-2.png[/IMG][IMG]file:///C:/Users/ALESSA%7E1/AppData/Local/Temp/moz-screenshot-3.png[/IMG]Ignored
DislikedRLC_3.2 must be on a M1 chart - that's 1 minute, not 1 month.
Set RenkoBlockSize to 10.
Change offline M2 chart to candles (instead of bars).
Click the + sign on the tool bar until the chart looks right.Ignored
DislikedThank you Lou! now it's working.. i was changing from 10 to100...
last question, do you know it there is a version of the indicator with the alarm for new opening candles?Ignored
DislikedThank you Lou! now it's working.. i was changing from 10 to100...
last question, do you know it there is a version of the indicator with the alarm for new opening candles?Ignored
DislikedThank you Lou! now it's working.. i was changing from 10 to100...
last question, do you know it there is a version of the indicator with the alarm for new opening candles?Ignored
Dislikedthe only way so far, I've found to trade on renko charts, is to open a 3rd chart, or a second online chart. Completely naked, but , at least you can put an ea on it.
That's no answer of course, but we need something, nothing out there so far, seems to workIgnored
DislikedWhether the EA is attached to the Renko chart or another should not matter in the least as long as it takes the trades correctly. Or did I miss something?Ignored
DislikedThis script is a written a little cleaner, has volume and is a little more efficient than my original one ..great job LastViking , Lou G and everyone who helped and inspired!!!
go here to download:
latest script version
latest indicator version
[url="http://www.forexfactory.com/showpost.php?p=3064969&postcount=371"]latest...Ignored
DislikedHere you go Forexsaint,
It is possible that everyone can look at the same thing but each individual can see something different. Renko is a clean way to re-represent the same information. Just as line graph, P&F & range bars help some people to see when they look, all have their own advantages & disadvantages over vanilla bars & candles. It is personal taste & individual practice that everyone has to work out what they are comfortable with to be consistently profitable over time.
I am a clean & tidy person who thinks in absolutes & visually...Ignored