hello, please can you tell me how to install renko on oanda mt4 ? I've been searching it for the past 2 days and I can't seem to find out . Thanks for the help
- #22
- Last Post: Sep 11, 2012 9:55am Sep 11, 2012 9:55am
From the renko thread
Let's say you want renko for EUR/USD.
You copy the expert adviser inside your
Then you open a chart of EUR/USD. You switch your time frame in 1 minute. Attach the RenkoLiveChart expert. A pop up window will appear. in the inputs tab you can set your box size and if you want wicks. In the RenkoTimeFrame the default value is 2. You can leave it as it is. That means that you have to open a 2 min chart to watch the renko charts.
At tis point you must see a smiley face in the upper right corner of your chart. This means that the Expert Advisor is working.
Now go File->Open Offline. Find the EURUSD,M2 chart and double click it. There is your renko chart. If you are trying this over the weekend you probably won't see the renko chart because the expert advisors in metatrader work every time there is an incoming tick on the chart they are attached. You can emulate the ticks during the weekend with this tool. https://www.fx1.net/wiki/pmwiki.php/MT4Ticker/MT4Ticker
Hope this helps you.
To install as an EA :
1. Place the mq4 code in the Experts directory.
2. Make sure to check the "Allow DLL imports" and "Allow import of external experts" boxes (both of them) are checked. they are under the Saftey section of the Common tab
3. Also check the "Allow live trading" box in the Live Trading section of the Common tab. Also make sure the Expert Advisors button is depressed in the Gui. When everything is good a smiley face will appear in the upper right hand corner.
4. Drop the ea on a live chart, preferably...
Let's say you want renko for EUR/USD.
You copy the expert adviser inside your
Inserted Code
<Oanda-MT4>exerts Then you open a chart of EUR/USD. You switch your time frame in 1 minute. Attach the RenkoLiveChart expert. A pop up window will appear. in the inputs tab you can set your box size and if you want wicks. In the RenkoTimeFrame the default value is 2. You can leave it as it is. That means that you have to open a 2 min chart to watch the renko charts.
At tis point you must see a smiley face in the upper right corner of your chart. This means that the Expert Advisor is working.
Now go File->Open Offline. Find the EURUSD,M2 chart and double click it. There is your renko chart. If you are trying this over the weekend you probably won't see the renko chart because the expert advisors in metatrader work every time there is an incoming tick on the chart they are attached. You can emulate the ticks during the weekend with this tool. https://www.fx1.net/wiki/pmwiki.php/MT4Ticker/MT4Ticker
Hope this helps you.