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Attachments: Ichimoku - RENKO
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Ichimoku - RENKO

  • #41
  • May 15, 2011 1:58pm May 15, 2011 1:58pm
Quoting NoJobRob
Getting closer. Mine doesn't look like the other ones posted though. I think I have to change the settings of the renko. Mine looks a lot smoother than the others. And, the instructions had me set it up as an offline chart. I went into properties and made it online again though, so hopefully that'll work.

http://i71.photobucket.com/albums/i1...ert/Renko2.png
I don't know how you were able to setup a Renko chart like this, but why would you want to change anything. Just trade the direction changes and every trade on this chart would be a winner.
  • #42
  • May 15, 2011 2:12pm May 15, 2011 2:12pm
would you be kind enough to post your trendandflat indi. Thx.
  • #43
  • May 15, 2011 2:44pm May 15, 2011 2:44pm
Quoting NoJobRob
Getting closer. Mine doesn't look like the other ones posted though. I think I have to change the settings of the renko. Mine looks a lot smoother than the others. And, the instructions had me set it up as an offline chart. I went into properties and made it online again though, so hopefully that'll work.

http://i71.photobucket.com/albums/i1...ert/Renko2.png

Please try everything to repeat what you have done , cos you just found the holy grail by accident

Nah just kidding but chart looks nice
  • #44
  • May 15, 2011 2:52pm May 15, 2011 2:52pm
Quoting blutkehlchen
Please try everything to repeat what you have done , cos you just found the holy grail by accident

Nah just kidding but chart looks nice
The bigger the block size, the smoother pa will be. Try looking at 25-50 pip block size. 20-25 looks similar to 4hr chart
Q
The Only Constant Is Change!
  • #45
  • May 15, 2011 3:14pm May 15, 2011 3:14pm
Quoting JazzmanQ2
The bigger the block size, the smoother pa will be. Try looking at 25-50 pip block size. 20-25 looks similar to 4hr chart
Q
Iam awae of that and renko charts have quit a smooth PA by design, but i have never seen such smooth PA on Renko Charts
  • #46
  • May 15, 2011 3:32pm May 15, 2011 3:32pm
Quoting JazzmanQ2
The bigger the block size, the smoother pa will be. Try looking at 25-50 pip block size. 20-25 looks similar to 4hr chart
Q
I'm running a H4 chart alongside a 20 box H1 alongside a 10 box and 5M alongside a 5 box trying to see any correlation.
  • #47
  • May 15, 2011 3:52pm May 15, 2011 3:52pm
Good morning. My Renko chart is gone. I restarted MT4 and it's been saying "waiting for update" for a while now.

http://i71.photobucket.com/albums/i1.../RenkoGone.png
Get money, don't let money get you. @kauaiforex
  • #48
  • May 15, 2011 3:59pm May 15, 2011 3:59pm
Quoting forex1962
I'm running a H4 chart alongside a 20 box H1 alongside a 10 box and 5M alongside a 5 box trying to see any correlation.
Ive been trading renko for a couple of years now. I vary the box size according to volatility of the currency and trend strength. I never use less than 15 or more than 33.
The Only Constant Is Change!
  • #49
  • May 15, 2011 4:01pm May 15, 2011 4:01pm
Quoting NoJobRob
Good morning. My Renko chart is gone. I restarted MT4 and it's been saying "waiting for update" for a while now.

http://i71.photobucket.com/albums/i1.../RenkoGone.png
You have to wait til your broker opens so your offline charts work!
The Only Constant Is Change!
  • #50
  • May 15, 2011 4:15pm May 15, 2011 4:15pm
Quoting blutkehlchen
Please try everything to repeat what you have done , cos you just found the holy grail by accident

Nah just kidding but chart looks nice
I just followed the instructions in the manual and this is what I got.

http://i71.photobucket.com/albums/i1...osettings1.png

http://i71.photobucket.com/albums/i1...osettings2.png
Get money, don't let money get you. @kauaiforex
  • #51
  • May 15, 2011 4:21pm May 15, 2011 4:21pm
You are running this as an EA and not an indicator aren't you?

Quoting NoJobRob
I just followed the instructions in the manual and this is what I got.

http://i71.photobucket.com/albums/i1...osettings1.png

http://i71.photobucket.com/albums/i1...osettings2.png
  • #52
  • May 15, 2011 4:29pm May 15, 2011 4:29pm
Quoting forex1962
You are running this as an EA and not an indicator aren't you?
Yes, running as an EA. The chart is working now, I opened a new offline chart and it started working. It looks different now though, as it has wicks and is not as smooth. I didn't change any settings or anything.

http://i71.photobucket.com/albums/i1...ert/renko3.png
Get money, don't let money get you. @kauaiforex
  • #53
  • May 15, 2011 4:51pm May 15, 2011 4:51pm
I'm guessing it's working properly, the renko is updating right along with the regular chart. I'll just leave it alone. If I like to trade the 15 minute chart, is there an optimal box size for the renko?

http://i71.photobucket.com/albums/i1...renkochart.png
Get money, don't let money get you. @kauaiforex
  • #54
  • May 15, 2011 5:01pm May 15, 2011 5:01pm
What is the difference between Renko system and zamanibs cloud breakout system?
Poshcom
  • #55
  • May 15, 2011 5:36pm May 15, 2011 5:36pm
I found this Renko indicator if anyone is interested. I'm playing around with it trying to optimize it. Try it out and share your ideas if you like.

Here's a preview:

http://i71.photobucket.com/albums/i1...oIndicator.png
Attached File(s)
File Type: mq4 RENKO_2.mq4   9 KB | 1,059 downloads
Get money, don't let money get you. @kauaiforex
  • #56
  • May 15, 2011 6:32pm May 15, 2011 6:32pm
I am trying MACD (5,10,1) instead of the Awesome indicator. Awesome is quite similar to MACD (5,34,1), so my config is more sensitive and gives more signals. I like this strategy. Seems very interesting.

http://i55.tinypic.com/sdk56w.jpg
  • #57
  • May 15, 2011 7:27pm May 15, 2011 7:27pm
Looks like it's going to break support line. Maybe I should have waited for that before entering. Let's see.

http://i52.tinypic.com/108ix5j.jpg
  • #58
  • May 15, 2011 8:31pm May 15, 2011 8:31pm
thanks GoldFlight for sharing the template.. seemingly solid at the moment! will test it alongside with my other strategies.. Kuso to you!

Wilson
  • #59
  • May 16, 2011 1:14am May 16, 2011 1:14am
45 mins until London opens will be keeping a close eye on EU GU and the Yen crosses.
  • #60
  • May 16, 2011 1:56am May 16, 2011 1:56am
Good Luck Forex1962! I'm testing on EU and GU on whatever time as long as I see three conditions align.
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