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Attachments: Renko Block Charts
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Renko Block Charts

  • #981
  • Apr 28, 2012 3:20pm Apr 28, 2012 3:20pm
Quoting saussiche
The old version (which had other problems) generated the history as soon as it was attached. This version waits for a new bar to generate the history.
Hi all,

new update with update improvement. Thanks saussiche.


laro_ron
Attached File(s)
File Type: mq4 MTF_RenkoLiveChart_v1.1.mq4   31 KB | 1,464 downloads
  • #982
  • Edited 5:38pm Apr 30, 2012 4:39pm | Edited 5:38pm
Does anybody knows if there is any indicator which can draw on a renko offline chart the week, day, 4H, 1H high/low? Thank you.
  • #983
  • May 1, 2012 3:41am May 1, 2012 3:41am
Quoting danimogos
Does anybody knows if there is any indicator which can draw on a renko offline chart the week, day, 4H, 1H high/low? Thank you.
Try the high-low-range.mq4 attached.
Attached File(s)
File Type: mq4 high_low_range.mq4   < 1 KB | 960 downloads
  • #984
  • Edited 12:52pm May 7, 2012 12:06pm | Edited 12:52pm
hi, i´m using the renkolivechart3,2-ea-version with wicks (someone posted that is the most reliable...) but i have the same problem again and again.
for example: today low in 1min chart of LCrudeJun is 95,30 and on a 10cent renko it is 95,30.
low in 1h chart is 95,30 but the low in my 1$renkochart(created from h1 chart) is 95,93. why do i use 1h chart? because 1min does not provide enough history.it would draw only a few 1$ renkobars.
but if your longtermchart shows you false sup/res-points its almost useless.

a) is there a way to correct the false 95,93 of the offlinechart to 95,30 manually?
b) do you know any renkochartversion that does not have these problems?

c) is the version of laro ron (MTF-RLC-V1.1) having these problems? is that an ea? i´m not getting the smiling face in the right upper corner, only the x (tried with eurusd); adding show renko to that chart crashes my platform (it shuts down)
  • #985
  • May 12, 2012 2:00am May 12, 2012 2:00am
This renko script do not show wicks. Please give me any renko script with wicks.
  • #986
  • May 18, 2012 3:53pm May 18, 2012 3:53pm
Quoting RidoyRx
This renko script do not show wicks. Please give me any renko script with wicks.
I installed the EA a couple days ago and it's showing the wicks, you may want to try that instead.
  • #987
  • May 18, 2012 3:55pm May 18, 2012 3:55pm
Does anyone know ( looked through the thread but didn't see an answer) which moving average is shown in this post ( http://www.forexfactory.com/showthre...71#post2957671 )

Thanks
  • #988
  • May 19, 2012 10:24am May 19, 2012 10:24am
it´s not a moving average. it´s lowest low of last 3bars in uptrend and highest high of last 3 bars in downtrend. like donchian channel, but showing only the stop.
I couldn´t find it in my indis, but maybe someone can just change the code of donchian channel that it shows only the side of the channel we want to see.
  • #989
  • Jun 6, 2012 1:30am Jun 6, 2012 1:30am
Quoting laro_ron
Hi all,

new update with update improvement. Thanks saussiche.


laro_ron
Hey. If I read one of your previous posts correctly your mtf version refreshes itself at every tick ? Could you please add that feature to the normal versions too ? The indi 3.3 version at least (or whichever is latest) ? Cause when there's news and very fast movements it cant keep up and it doesn't display the movement and you have to fix it manually which would not be much of a problem if I wasnt using an EA that risks bad entries because of it.
  • #990
  • Jun 6, 2012 3:41am Jun 6, 2012 3:41am
Quoting SpacyTrader
Hey. If I read one of your previous posts correctly your mtf version refreshes itself at every tick ? Could you please add that feature to the normal versions too ? The indi 3.3 version at least (or whichever is latest) ? Cause when there's news and very fast movements it cant keep up and it doesn't display the movement and you have to fix it manually which would not be much of a problem if I wasnt using an EA that risks bad entries because of it.
Hi SpacyTrader,

I share my improvements of the original code made by LastViking and Lou G., because they are the authors and I appreciate they work and Copyright. I finished the idea and my last version works for me fine. Everybody can continue and improve the code to higher level.

take the best trades

Ron
  • #991
  • Jun 6, 2012 9:49am Jun 6, 2012 9:49am
Quoting laro_ron
Hi SpacyTrader,

I share my improvements of the original code made by LastViking and Lou G., because they are the authors and I appreciate they work and Copyright. I finished the idea and my last version works for me fine. Everybody can continue and improve the code to higher level.

take the best trades

Ron
Ok- then I'll have to use your mtf version I guess, even though I dont need the mtf part. Tks.
  • #992
  • Jun 7, 2012 3:43pm Jun 7, 2012 3:43pm
Hey everyone

I'm came across with a different type of Renko charts that supposedly can give you early exits and filter some noise of renko charts. I though it was median renko but in the site of the author he shows comparison between those two kinds of renko and others, you see what i mean in this links below.

Description of the hybrid renko:

http://www.innovative-trading-soluti...ory_pathway-10

Chart Comparisons of hybrid renko with other kinds of renkos:

http://www.innovative-trading-solutions-online.com/index.php/chart-comparisons



It looks like a good evolution on the renko charts.

Just my two cents to spice it up this thread, and hopefully initiate the development of this kind of renko for MT4.
  • #993
  • Jun 8, 2012 4:53am Jun 8, 2012 4:53am
Quoting marley60
hi, i´m using the renkolivechart3,2-ea-version with wicks (someone posted that is the most reliable...) but i have the same problem again and again.
for example: today low in 1min chart of LCrudeJun is 95,30 and on a 10cent renko it is 95,30.
low in 1h chart is 95,30 but the low in my 1$renkochart(created from h1 chart) is 95,93. why do i use 1h chart? because 1min does not provide enough history.it would draw only a few 1$ renkobars.
but if your longtermchart shows you false sup/res-points its almost useless.

a) is there a way to correct the false...

@laro_ron. can you please help me with this issues?
  • #994
  • Jun 8, 2012 9:44am Jun 8, 2012 9:44am
Quoting marley60
@laro_ron. can you please help me with this issues?
Hi marley60,

never use another chart than M1 for renko. The reason is clear : there is only OHLC values in history and H1 OHLC is different than M1 OHLC. If you use H1 OHLC, you mislead yourself.

Ron
  • #995
  • Jun 12, 2012 3:14pm Jun 12, 2012 3:14pm
Quoting Demos4x
Hey everyone

I'm came across with a different type of Renko charts that supposedly can give you early exits and filter some noise of renko charts. I though it was median renko but in the site of the author he shows comparison between those two kinds of renko and others, you see what i mean in this links below.

Description of the hybrid renko:

http://www.innovative-trading-soluti...ory_pathway-10

Chart Comparisons of hybrid renko with other kinds...
do you understand the difference between median and hybrid renko? i don´t.
but it looks very interesting. I´m watching this topic on 2 other forums, but there are no answers till now.
hopefully one of the good coders here can make the changes to the RLC3.2
  • #996
  • Jun 12, 2012 4:54pm Jun 12, 2012 4:54pm
Quoting marley60
do you understand the difference between median and hybrid renko? i don´t.
but it looks very interesting. I´m watching this topic on 2 other forums, but there are no answers till now.
hopefully one of the good coders here can make the changes to the RLC3.2
I think the diference its the "quality of the signal" if you notice the median renko the bars don't always have the same size. I read somewhere that the median renko its not supported any more, he created another renko chart more stable (also for ninjatrader).

I open a thread in the "Platform Tech" about my interpretation of this kind of renkos, but it passed some what unnoticed.So I will take this opportunity and put the images that I created explaining my interpretation of this kind of renko here maybe it will have a little bit more attention.

http://www.forexfactory.com/attachme...5&d=1339329036http://www.forexfactory.com/attachme...8&d=1339352869
  • #997
  • Jun 26, 2012 6:19am Jun 26, 2012 6:19am
Where can I download those new renko charts (hybrid or others).
Does anybody know?
Thanks for help in advance.
  • #998
  • Jun 27, 2012 1:24am Jun 27, 2012 1:24am
Quoting g0vlad
Where can I download those new renko charts (hybrid or others).
Does anybody know?
Thanks for help in advance.

hi, check out this page:

http://www.forexpnf.info/forex-indic...ndicators-r-z/

search by keyword , ctrl+f "renko"
  • #999
  • Jun 27, 2012 6:41am Jun 27, 2012 6:41am
Quoting puma2
hi, check out this page:

http://www.forexpnf.info/forex-indic...ndicators-r-z/

search by keyword , ctrl+f "renko"

The renkos indicators in this link don't work like described, but thanks for reply.
  • #1,000
  • Jun 28, 2012 3:30am Jun 28, 2012 3:30am
Yeah, there is no such Renko bars...
I have found Median Renko for Ninja platform, if somebody has it for MT4 or may recode it.
Attached File(s)
File Type: zip MedianRenko.zip   2 KB | 1,226 downloads
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