how do you like my renko?
Renko strategy for price action 20 replies
Renko Trading (Price Action) 46 replies
RENKO Trading SYSTEM - RENKO Indicators 7 replies
Price Action/Renko systems 24 replies
Ok looks good - what are the indicators and set up?
DislikedHey there Jiva!
Looks like your renko indicator is playing up. The attached Expert Advisor is the one I use. Some awesome coders here on Forex Factory are the authors. Check it out mate....Ignored
DislikedMy Renko EA also draws bricks side by side. Anyone else's renko EA do the same thing?Ignored
DislikedThank you for the reply, however, that isn't the problem. I don't have the EA running on the offline chart. Maybe it's because I have it on the H1 chart, but I honestly don't think that's the problem either. It could be the offset option I have in the EA settings. Who knows. In any case I'm not complaining because it still draws out the bricks correctly. I'm just wondering why. The only difference is when price reverses it draws another brick right next to the last one instead of waiting for it to go a full brick away. When I get a chance later...Ignored
DislikedHi 2+2 (and anyone else who is interested)
BoxOffset should be left at default 0, otherwise the problem you have comes, not quite sure why this parameter is there it doesnt work correctly.
The only problem with running the EA on a chart other than 1 min is the Time value allocated to the Renko bar when building the history - live feed is ok,
If one bar on the Timeframe chart breaches a renko block then the next renko block receives the same time code + 1 second.
DislikedTime will tell. A true ninja waits for the opportune time to strike.Ignored
DislikedWell I said I'd be back to post some charts to show the difference I was talking about, so here I am...Ignored
DislikedI need help with my ninja...
If I don't stay focused on the action I miss the trades.
If I am focused I take trades I shouldn't for one reason or another..
It's demo until I can get the kinks out of this...
What do you think of the set up?
actually looks more like tetris..Ignored