Here is a Fisher version that doesn't repaint{quote} {file}
MT4-Indicator: Adjustable Shift Renko Chart Builder Indicator
{quote} I don't use the fisher indicator.. just wanted to share the version that I had that doesn't repaint :-) I have found the MACDs to be very useful. Specifically the attached BB MACD with the default settings. It shows well how/when the trend is changing. Place it in your chart and see how it looks. Also MACD divergence indicator is nice as well. I'm testing it out now. I think it's important to keep things clean so its easier to identify the price action and so you don't get distracted :-) Draw trend lines and learn price action well.. With...
I agree with you on BB MACD,i am testing it last 2 days and looks quite good...wanted to share with you in few days when I see if it make sense but you were quicker
....Think it is good trigger for shifted renko,i will probably stay with it,now it is time to find some good filter on chart and we may have some good and strong thing....
Here is picture of it...and good explanation how we can use this indy...
Regards!
{quote} Sounds good. if you have time post charts and give examples if you think its worth taking a look at. I'll take a look tonight.
This is the setup that I'm currently testing with normal Renko 5pip bars. I like to use the strategy tester to practice and I would be very grateful if Kiads could share the formula for making the shifted Renko chart so I can make some offline 5min charts to use in the strategy tester to practice and test out this strategy
Hope this helps.. Keep in mind, without knowing how to identify PA, this strategy wouldn't be very helpful..
Focus, Patience, Determination & Order in chaos
{quote} Attached is a screenshot of my setup. The entries are marked with Lime and Red arrows. The purple line is the Doda-Donchian indicator and it's the same as the Kijun-sen line. I use that as the trend indicator. But I don't use that alone, I use trendlines extensively. I only go in the direction confirmed by the trendlines. BB_MACD also has to be in the direction of the order. This is the setup that I'm currently testing with normal Renko 5pip bars. I like to use the strategy tester to practice and I would be very grateful if Kiads could share...
great saver
- #87
- Oct 28, 2013 6:07pm Oct 28, 2013 6:07pm
- | Membership Revoked | Joined May 2012 | 1,218 Posts
Hi, playing a little bit with Mara1, repaint FX Fish, and as i mention before, i love repaint.. lol, just change several lines of 'her' code and
well let see.. what she can give us..
well let see.. what she can give us..
Hi, playing a little bit with Mara1, repaint FX Fish, and as i mention before, i love repaint.. lol, just change several lines of 'her' code and well let see.. what she can give us.. {image}
omg I did not take seriouslyi (https://www.google.ca/search?espv=210&es_sm=93&q=i+did+not+take+seriously&spell=1&sa=X&ei=i_NuUrmOFY3xhQer_oG4BQ&ved=0CCMQBSgA) ,Level 0.3 and -0.3 I think there is the point to avoid some false entrys!
thx Kiads
- #89
- Edited 11:53pm Oct 28, 2013 6:48pm | Edited 11:53pm
- | Membership Revoked | Joined May 2012 | 1,218 Posts
{quote} omg I did not take seriouslyi (https://www.google.ca/search?espv=210&es_sm=93&q=i+did+not+take+seriously&spell=1&sa=X&ei=i_NuUrmOFY3xhQer_oG4BQ&ved=0CCMQBSgA) ,Level 0.3 and -0.3 I think there is the point to avoid some false entrys!
Just use default for white/gainsboro background chart and add DeM34..
EDIT: Sorry for all friends who already download this Indicator (6 Friends)
please re-download again after minor bug fix thx.
{quote} Looks great. Do you have an indicator that paints your arrows on the main chart? The lime and red ones that show your entry point after it passes the BB MACD. Great work everyone!
Focus, Patience, Determination & Order in chaos
- #92
- Oct 28, 2013 9:53pm Oct 28, 2013 9:53pm
- | Membership Revoked | Joined May 2012 | 1,218 Posts
Hi, playing a little bit with Mara1, repaint FX Fish, and as i mention before, i love repaint.. lol, just change several lines of 'her' code and well let see.. what she can give us.. {image}
Repaint is nice.. worth to try.....
- #95
- Edited 8:50am Oct 29, 2013 8:30am | Edited 8:50am
Hello boys
ps I'm sorry about my English - I use google translator :-)
The shiffiet renko is very good to observe divergence.
I test this way:
1. Look at the big box renko as 16, 20, 25 or more pips with 25% to find divergence MACD (12,26,9)
2. then look at the small renko 5, 8 or 10 pips
3. draw some TL or S / R line then after break we Enter :-)
Where is the exit point? hm ... i am work on That :-)
another example
UJ box= 24 pips 25%
entry on box = 12pips 25%
ps I'm sorry about my English - I use google translator :-)
The shiffiet renko is very good to observe divergence.
I test this way:
1. Look at the big box renko as 16, 20, 25 or more pips with 25% to find divergence MACD (12,26,9)
2. then look at the small renko 5, 8 or 10 pips
3. draw some TL or S / R line then after break we Enter :-)
Where is the exit point? hm ... i am work on That :-)
another example
UJ box= 24 pips 25%
entry on box = 12pips 25%
{quote} Hey Saver, I agree with you on BB MACD,i am testing it last 2 days and looks quite good...wanted to share with you in few days when I see if it make sense but you were quicker