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RENKO system with Mihailo!

  • #1,081
  • Dec 28, 2011 4:56am Dec 28, 2011 4:56am
After that, I have reread principles of renko blocks and I understand my mistake : box size instead of TF (for apologetically, I have not yet put your system on my MT4 cause my VPS is full and I wanted to keep some stability with my bots). But bigger boxe size mean bigger risk appetite. Thanks for your answer.</SPAN>

Tof
Enter Signature
  • #1,082
  • Dec 28, 2011 5:43am Dec 28, 2011 5:43am
Quoting auvergnat78
After that, I have reread principles of renko blocks and I understand my mistake : box size instead of TF (for apologetically, I have not yet put your system on my MT4 cause my VPS is full and I wanted to keep some stability with my bots). But bigger boxe size mean bigger risk appetite. Thanks for your answer.</SPAN>

Tof...
  • #1,083
  • Dec 29, 2011 1:35am Dec 29, 2011 1:35am
Quoting Mihailo
Mihailo, could you please explain what was the reason of your choose of sizes of RENKO bars - 5pips@3min & 13pips@2min? Just inresting! Have you tested other sizes - for example 15 or 25 pips? May be it's could be base for long term trading?
Everything is possible!!! Step by Step...
  • #1,084
  • Dec 29, 2011 5:58am Dec 29, 2011 5:58am
Quoting DmitryFX
Mihailo, could you please explain what was the reason of your choose of sizes of RENKO bars - 5pips@3min & 13pips@2min? Just inresting! Have you tested other sizes - for example 15 or 25 pips? May be it's could be base for long term trading?
All indicators settings and all mathematic relations in my system are based on the Golden ratio

In my research I tried all combinations but this one gave me the best results.

It doesnt mean that will be the best for you or someone else.
  • #1,085
  • Dec 29, 2011 9:22am Dec 29, 2011 9:22am
Do you need to have all of the indis it references open on the chart as well, or can you just run it by itself?
  • #1,086
  • Dec 29, 2011 9:33am Dec 29, 2011 9:33am
Quoting Mihailo
MIhailo this is great system for less stress trading.

Check your PM, please.
Regards, ChartRunner
  • #1,087
  • Dec 29, 2011 10:57am Dec 29, 2011 10:57am
Quoting quantyk
Do you need to have all of the indis it references open on the chart as well, or can you just run it by itself?
Independent indicator!
  • #1,088
  • Dec 30, 2011 3:10am Dec 30, 2011 3:10am
Quoting Mihailo
All indicators settings and all mathematic relations in my system are based on the Golden ratio

In my research I tried all combinations but this one gave me the best results.

It doesnt mean that will be the best for you or someone else.
ye the Golden Ratio I not know what to say, but definitly not my capacity of mathematic. After reading a little bit I decide to concantrate of painting the charts line them with trends and look visually as to calculate with numbers..Someone did it before, thanks to them. However if you Master Mihalio understand the Formula's given their and uses in your indicators and/or/even do calculating with them for better setups uhhh. I better do my job as as manager in the hotel and watch your setups . As I know you do a kind job as Sculpture, this degree of mathematic is enthuastic. Well just tell me you understand the Golden Ratio formula and use it to make better setups, did I really understand in this way. However even you not using yourself for calculations, it is nice to meet someone in FF who takes his job (hobby) very seiously and try to make some differences and know the efficient inside the indicators (how its work evt)..

Apart of this 2012 at the door markets are slow , I am very lazy cant push myself the markets..On this days I am working on some techniques on the chart to determine the near future of the PA ( hehe of course without mathematic) ..It is not easy, especially on this choopy days..

In other side I am trying to use your signal modify it to make more better accurate signals (inside the preferences) you signals are not based on market conditions ( simple it can not change from time to time). The market will move and always move and if move the signal comes, must of loose trades comes from ranges where I see the weakness..I need to customize it like if I hear the signal this trade will accurate more as 70 % win well done if 80 % and will try this to do with play around the signal assignments M3 M2 Coral and so on..

But now celebrate the new year comes
" Accepting losses is the most important single investment devise "
  • #1,089
  • Dec 30, 2011 3:52am Dec 30, 2011 3:52am
wowww if you modified the system then work better at 80% currency please do not forget too put it the forum
many thanks
happy new year
  • #1,090
  • Dec 30, 2011 5:13am Dec 30, 2011 5:13am
[quote=freedom48;5255940]ye the Golden Ratio I not know what to say, but definitly not my capacity of mathematic. After reading a little bit I decide to concantrate of painting the charts line them with trends and look visually as to calculate with numbers..Someone did it before, thanks to them.

it would be very worth while for you to have a look at Fibonacci ratio's and significant levels/ratio's according to the sequence. If you look far enough into the golden ratio, Fibonacci and fractals you'll see they can be applied to the human structure, financial markets and the solar system.
without over complicating this and trading off planetary harmonics, keeping certain high probability numbers in mind while trading gives an edge with trade entry's and exit's
72 !! massive number i think! the r1 pivot on Aud is on 72 today and its rejected it 3 times!
break out on the aussie here?? up or down?
  • #1,091
  • Dec 30, 2011 5:19am Dec 30, 2011 5:19am
Sounds good you have a huge experience in this field. thanks for sharing.
  • #1,092
  • Dec 30, 2011 7:12am Dec 30, 2011 7:12am
So, I'm back. I just had to try this system and was browsing around how to make it work. And luckily, it does work now.

I've inserted the renko 3.4 version from the range block topic, not the 3.3 from the 1st post here. I guess thats what made the difference

Anyway, it seems to work fine now.

However, I have a few question, if you couls help me - I've numbered them on the attached pic:

1 - Can I resize the font showing the curency?
2 - Can I resize/move the market hours? Cant find it in the indicator window.
3 - What shows this price label?

I would also like to know where do I see the current price. I guess its the price under "Renko thv 5"... but it does not change itself; it changes only if I refresh the chart.

And... does the attached chart look normal to you, everything as it should be?

http://img714.imageshack.us/img714/5425/26316664.th.jpg
Thoughts are things
  • #1,093
  • Dec 30, 2011 11:26am Dec 30, 2011 11:26am
Quoting Quezoy
So, I'm back. I just had to try this system and was browsing around how to make it work. And luckily, it does work now.

I've inserted the renko 3.4 version from the range block topic, not the 3.3 from the 1st post here. I guess thats what made the difference

Anyway, it seems to work fine now.

However, I have a few question, if you couls help me - I've numbered them on the attached pic:

1 - Can I resize the font showing the curency?
2 - Can I resize/move the market hours? Cant find it in the indicator window.
3 - What shows...
1. This is the version with possibility to change font size.
enter the indicator settings and change font size and set five digit broker on true.

2. Last 3 options in settings of the market hours use for position settings.

3. Click here!
Attached File(s)
File Type: ex4 5 SignalE.ex4   10 KB | 592 downloads
  • #1,094
  • Dec 30, 2011 12:51pm Dec 30, 2011 12:51pm
Thank you.

Something else.
The EUR/YPN chart is "waiting for update" and the USD/CAD shows only data for 15.12. - 16.12.

I also tried to insert another pair, followed the instruction about opening two 1M charts and so on, but when I want to open the offline charts there are no M2 and M3 charts for this pair available.

Also market hours do not change. Still have 5 hours left for London, for example.
Thoughts are things
  • #1,095
  • Dec 30, 2011 1:29pm Dec 30, 2011 1:29pm
Quoting Quezoy
Thank you.

Something else.
The EUR/YPN chart is "waiting for update" and the USD/CAD shows only data for 15.12. - 16.12.

I also tried to insert another pair, followed the instruction about opening two 1M charts and so on, but when I want to open the offline charts there are no M2 and M3 charts for this pair available.

Also market hours do not change. Still have 5 hours left for London, for example.
If this is your demo acc please change broker
There is some problems with brokers with small "m" in the name of the pair.

I tried all that in FinFx demo and it works for me but for some people doesnt.

Anyway there is much more better brokers than FinFx
  • #1,096
  • Dec 30, 2011 3:56pm Dec 30, 2011 3:56pm
Mihailo,
I noticed that the system is resource demanding. Attached is an improved version of RenkoChart. This one makes two renko charts at once. So, you can have only one 1min chart per your setup, not 2 like now. This should reduce the system requirement a little bit and decrease the number of charts.
have fun,

A.
Attached File(s)
File Type: mq4 RenkoLiveChart_v3.3x2.mq4   25 KB | 796 downloads
  • #1,097
  • Dec 31, 2011 3:12am Dec 31, 2011 3:12am
Quoting Apoksiomen
Mihailo,
I noticed that the system is resource demanding. Attached is an improved version of RenkoChart. This one makes two renko charts at once. So, you can have only one 1min chart per your setup, not 2 like now. This should reduce the system requirement a little bit and decrease the number of charts.
have fun,

A.
Excellent work!


Bravo majstore !

Hvala!

Thanks!
  • #1,098
  • Dec 31, 2011 4:14am Dec 31, 2011 4:14am
hey friends

just wanted to look how its going here
Poshcom
  • #1,099
  • Dec 31, 2011 6:26am Dec 31, 2011 6:26am
Quoting Apoksiomen
Mihailo,
I noticed that the system is resource demanding. Attached is an improved version of RenkoChart. This one makes two renko charts at once. So, you can have only one 1min chart per your setup, not 2 like now. This should reduce the system requirement a little bit and decrease the number of charts.
have fun,

A.
What does that mean now, that I can delete one 1M chart of each pair?

Or how do I apply this?
Thoughts are things
  • #1,100
  • Dec 31, 2011 7:41am Dec 31, 2011 7:41am
Quoting Quezoy
What does that mean now, that I can delete one 1M chart of each pair?

Or how do I apply this?
Yes, apply this EA on just one 1min chart. That one will make both 5-pip (on M3) and 13-pip (on M2) renko stuff.
Currently, one 1min chart makes 5-pip renko and the other 1min chart makes 13-pip renko.
You can change settings if you wish (pip size etc.) just as on a normal RenkoChart EA.
A.
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