Renko Block Charts

Hi folks!
This is my first thread - I'm looking for some help if someone who doesn't mind... apparently I can't post a new thread.

I have an EA that works on a live chart that basically has a horizonal line, and the EA enters a limit/stop order with a preset stop loss, lot size etc. based on that horizontal line. When I move the horizonal line on the chart, the EA automatically updates my limit/stop order - works great.

Now I'd rather use a tick chart for my trading. I have figured out how to make an offline chart using the ticks that come from the live chart. But the problem is that I still need to manipulate the horizontal line on the live chart in order to adjust my trade orders. Now obviously I can put a horizontal line on the offline chart, but can I somehow use the price value of that "offline" horizonal line in my EA?

Any help would be much appreciated! I can also provide more details if this is unclear. Thanks!

To answer your question...I do not know of a way to directly access the price value of a horizontal line on another chart. There are workaround solutions - like using global (MT4) variables.

However...The best (and easiest) solution would be to simply put both the horizontal line and the EA directly on the offline chart and trade from there.

Thanks for answering instead of me! Good answer!

If problem still persist, just delete FFCall from your indicators. you have a problem with your connection.

Sorry for slow respond... I'm preparing for the opening of my exhibition tonight!

RENKO and HA candles doesn't have similar points.

RENKO candle is not time candle. It's PIPS candle. You chose how many pips you want to have in candle. If you chose 5 - when PA goes 5 pips system draw candle.

You can not compare HA with Renko! I use HA on RENKO candles.

"Does your system enable you to trade off 1 chart?" - Sorry for my english - I didn't understand this question. Can you be more specific? Thanks.

Yes this is my core system, I'm trying to do my best.

Hope that those answers will help!

Hi Mihailo

Taking the GBP/USD is an example. At the top left angle corner of the chart, there are these info:
Stop Loss 27
Take Profit 14
Spread 4

When the alarm is on, do we activate the trade with SL = 27 and TP=14?

And is this Risk/Reward ratio on the low side?
Thank

Thanks for response, some folks have 5MIN. 15MIN, 30MIN charts loaded to trade, this set up you have appears to involve only 1 chart wit all the indicators.

There has been a critical error
Time : 2011.10.27 11:56
Program : Client Terminal
Version : 4.00 (build: 224, 15 May 2009)
OS : Windows Vista Professional 6.0 Service Pack 2 (Build 6002)
Processors : 2 x X86 (level 6)
Memory : 2094780/877004 kb
Exception : C0000005
Address : 0046392E
Access Type : read
Access Addr : 831D3498

Registers : EAX=831D3498 CS=001b EIP=0046392E EFLGS=00010246
: EBX=00000000 SS=0023 ESP=0012E314 EBP=0012E34C
: ECX=00005818 DS=0023 ESI=0045FF64 FS=003b
: EDX=000000E4 ES=0023 EDI=02FA9CB4 GS=0000

Stack Trace : 004553DD 00000000 00000000 00000000
: 00000000 00000000 00000000 00000000
: 00000000 00000000 00000000 00000000
: 00000000 00000000 00000000 00000000

Modules :
1 : 00400000 002B1000 crogram filesfastfx traderterminal.exe
2 : 22200000 00006000 crogram fileseseteset nod32 antiviruseplghooks.dll
3 : 67990000 0011C000 c:windowssystem32mfc42.dll
4 : 69820000 00038000 c:windowssystem32odbcint.dll
5 : 698A0000 00066000 c:windowssystem32odbc32.dll
6 : 72720000 00006000 c:windowssystem32rasadhlp.dll
7 : 72FB0000 00012000 c:windowssystem32pnrpnsp.dll
8 : 72FD0000 00032000 c:windowssystem32winmm.dll
9 : 73020000 00008000 c:windowssystem32winrnr.dll
10 : 739E0000 0003E000 c:windowssystem32oleacc.dll
11 : 73A20000 0003F000 c:windowssystem32uxtheme.dll
12 : 73ED0000 0000F000 c:windowssystem32napinsp.dll
13 : 74500000 00005000 c:windowssystem32msimg32.dll
14 : 74530000 000BB000 c:windowssystem32propsys.dll
15 : 749F0000 0019E000 c:windowswinsxsx86_microsoft.windows.common-controls_6595b64144ccf1df_6.0.6002.18305_none_5cb72f2a088b0ed3comctl32.dll
16 : 74CA0000 0000F000 c:windowssystem32nlaapi.dll
17 : 74EC0000 00005000 c:windowssystem32wshtcpip.dll
18 : 75040000 0003B000 c:windowssystem32rsaenh.dll
19 : 752C0000 0003B000 c:windowssystem32mswsock.dll
20 : 75480000 00022000 c:windowssystem32dhcpcsvc6.dll
21 : 754B0000 00007000 c:windowssystem32winnsi.dll
22 : 754C0000 00035000 c:windowssystem32dhcpcsvc.dll
23 : 75500000 00019000 c:windowssystem32iphlpapi.dll
24 : 756A0000 00014000 c:windowssystem32mpr.dll
25 : 75740000 0002C000 c:windowssystem32dnsapi.dll
26 : 75A90000 0002C000 c:windowssystem32apphelp.dll
27 : 75AF0000 00014000 c:windowssystem32secur32.dll
28 : 75C00000 001B8000 c:windowssystem32iertutil.dll
29 : 75DC0000 00B11000 c:windowssystem32shell32.dll
30 : 768E0000 0001E000 c:windowssystem32userenv.dll
31 : 76930000 00007000 c:windowssystem32psapi.dll
32 : 76940000 00084000 c:windowssystem32clbcatq.dll
33 : 769D0000 00009000 c:windowssystem32lpk.dll
34 : 769E0000 00073000 c:windowssystem32comdlg32.dll
35 : 76A60000 00006000 c:windowssystem32nsi.dll
36 : 76A70000 0002D000 c:windowssystem32ws2_32.dll
37 : 76AA0000 000C8000 c:windowssystem32msctf.dll
38 : 76B70000 00049000 c:windowssystem32wldap32.dll
39 : 76BF0000 0011A000 c:windowssystem32wininet.dll
40 : 76D10000 0009D000 c:windowssystem32user32.dll
41 : 76DB0000 000C3000 c:windowssystem32rpcrt4.dll
42 : 76E80000 00110000 c:windowssystem32urlmon.dll
43 : 76F90000 00145000 c:windowssystem32ole32.dll
44 : 770E0000 0008D000 c:windowssystem32oleaut32.dll
45 : 77170000 0007D000 c:windowssystem32usp10.dll
46 : 771F0000 000DC000 c:windowssystem32kernel32.dll
47 : 772D0000 0001E000 c:windowssystem32imm32.dll
48 : 772F0000 000AA000 c:windowssystem32msvcrt.dll
49 : 773A0000 00059000 c:windowssystem32shlwapi.dll
50 : 77400000 0018A000 c:windowssystem32setupapi.dll
51 : 77590000 00128000 c:windowssystem32ntdll.dll
52 : 776C0000 00003000 c:windowssystem32normaliz.dll
53 : 776D0000 000C6000 c:windowssystem32advapi32.dll
54 : 777A0000 0004B000 c:windowssystem32gdi32.dll

Call stack :


The my Metatrader crash when I install 5!

why?

Edit:
Installing RenkoLiveChart_v3.4 MT go CRASH

Thanks for the reply - I wasn't aware that you could run an EA on an offline chart, that would certainly be best
Is there a good link that someone could provide me to explain how to do this? Thanks again, ZZNBRM.

I really don't know!

I have it on 6 different platforms and all works fine....

Try downloading a different MT4 terminal?

my first trade with RenkoTHV from Mihailo XD

been working on one of my Trading Screen Projects with useful Tools i have gathered here on ForexFactory, and wanted to show some of what can be done.
it's an ongoing process to continue to revise what is available using these Forums.
This Screenshot is Based around Main Renko Trading Screen on Right side.
I Really Love creating useful Trading Screens and then Trading those on Demo before Live Trades are taken.
Thanks to everyone who have posted many useful Tools.

after a sell signal from previous post above.

According to your post, you are using an outdated version of Metatrader 4 (build: 224, 15 May 2009). Try updating to version 4.00, build 406 (25 August 2011).

I've update Metatrader at last version, but nothing!
I can't use RenkoLiveChart v.3.3 and RenkoLiveChart v.3.4 ,
Can you help me?
You know the correct installation procedure?
Thank you

EA are actived ?

Ok now, in new Mt download I don't actived EA...

Thank you

Hi Mihailo,

Thank you for the system. I have some questions :

- If all 5 signals (13 xxx) are in same color (blue or red), then I will get an alert for entering trade (buy or sell). Is it calculated on Indicators or on EA ?

- Can you also add a sound alert if 5 signals have the same color ?

- The TF for optimal trading is at 3M ? How about at 5M / 15M / 30M / H1 ?

Thanks
-pedma-

Hello to everyone!

First of all I want to say that I'm so happy that there is so many people who likes my system.

I made mistake for posting my system on a thread for witch I thought that already deals with RENKO, so I don't need to explain RENKO candles. Even that I tried to explain all about RENKO candles but there is so many people who don't want to read all posts about system they are interested for?

I don't understand it!

If U want to do an open-heart surgery - First of all you need to study Medical Faculty and then to READ and learn, READ and learn.... Practice and READ, LEARN practice, READ, LEARN...... and then after few years do the open-heart surgery successfully! Same with forex and all in your life!

It's all my mistake.

Because there is so many people who want to learn and help each oteher I will start a thread with my system and post a manual for it.

I will also post all what I know about RENKO candles.

Hope that we will spend a good time in fun and with nice pips!