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MT4-Indicator: Adjustable Shift Renko Chart Builder Indicator

  • #141
  • Nov 4, 2013 1:24am Nov 4, 2013 1:24am
Again another PM, and the answer is yes.. yes you can use the famous ZUP indicator with this renko shifted but make sure you use fixed chart to make all the objects option in ZUP indi place and 'angle' correctly.

like this example the golden spiral of ZUP

Attached Image (click to enlarge)
Click to Enlarge Name: 20131104-ZUP Golden Spiral in shifted renko fixed one to one chart.png Size: 453 KB


Best Regards
  • #142
  • Nov 4, 2013 1:29am Nov 4, 2013 1:29am
Excellent! Great! Very grateful! I will deal. See - I'll write. Sincerely, Alexander.
  • #143
  • Nov 4, 2013 3:05am Nov 4, 2013 3:05am
Quoting expertboss
Excellent! Great! Very grateful! I will deal. See - I'll write. Sincerely, Alexander.
It worked out! You've saved me a lot of time! I am infinitely grateful to You. Can I (to the best of their forces) in something You help? Sincerely, Alexander.
  • #144
  • Nov 4, 2013 4:00am Nov 4, 2013 4:00am
Quoting expertboss
{quote} It worked out! You've saved me a lot of time! I am infinitely grateful to You. Can I (to the best of their forces) in something You help? Sincerely, Alexander.
Congratulation my Friend Alexander, I'm happy for that.

If you don't mind, you can explained here how you use it, so all of our friends here can learn from you..

Best Regards.
  • #145
  • Nov 4, 2013 5:22am Nov 4, 2013 5:22am
(Again, that I use the translator.)

I think not tell a secret with this indicator Renko_Live_Jake_para_real_v5 opportunity:

1.) trading in the channel on the rebound, without drawing the lines and keep track of
"above" or "below".
2.) no need to guess where the border of the channel - price itself will show 100 % accuracy.
3.) when writing an expert Advisor much упрощаеся code - trading takes place at the beginning of
or the end of the bar.
4.) you can adjust the height of the "bricks" as a convenient place for trade (individually)
according to his temperament.(less playful, more quiet), "the nerves should be protected!"
5.) very often and clearly shows how the line of support becomes a resistance line
and Vice versa.
6.) upon careful examination and analysis "wicks" you can see now what
the mood in the market bulls or the bears for example in the figure:
"how much would bulls did not try to "bears" still "selling" price and
the result is the breakdown of the price fall.
7.) Under normal timeframes need quite a long time to seek, review the scale,
and "see" where is that, as in this example, anything to look for it - all on the surface.
I think that the list could continue, and continue, I only show those
points that lie in sight. If the watch and think there will be
still not enough opportunities.

Thanks again !!!

P.S. Please note that the 3 hours it has been downloaded 10 times !!!
Attached Image
  • #146
  • Nov 4, 2013 11:01am Nov 4, 2013 11:01am
Good time of the day. /Kiads/
Closely watched as the Advisor works"Renko_Live_Jake_para_real_v5" and have questions ??:

Thought long and . . . - You can write private message or e-mail? If this is not
it is prohibited to the rules of the site. I would like to discuss small, but very important questions, so as not to clutter up the forum, then put the result with decent explanations.
Yours Faithfully /Alexander/.
  • #147
  • Nov 4, 2013 11:21am Nov 4, 2013 11:21am
Quoting expertboss
Good time of the day. /Kiads/ Closely watched as the Advisor works\"Renko_Live_Jake_para_real_v5\" and have questions ??: Thought long and . . . - You can write private message or e-mail? If this is not it is prohibited to the rules of the site. I would like to discuss small, but very important questions, so as not to clutter up the forum, then put the result with decent explanations. Yours Faithfully /Alexander/.

Hi My Friend Alexander,

Please feel free to post your questions here and if you can please add some pictures to help me understand your questions...

Since i'm not the original creator of this parallel renko builder so I will try to answer as far as I know.. about the codes...

best regards..
  • #148
  • Nov 4, 2013 11:47am Nov 4, 2013 11:47am
Now we already late "00-00" . Tomorrow I will make a text.
  • #149
  • Nov 6, 2013 5:18am Nov 6, 2013 5:18am
Quoting Kiads
Ok then, this is one of our lingerie to put on her.. (if you like of course) this is fastTMAline(band), i add small modification so we can change the price selection. is this repaint ? lol.. of course big yes.. and repaint is beautiful.. I use 3 instance for High price, Close price and Low price.. and I already set the default parameter to match my shifted renko (25% shifted with 5 point brick or bigger) so you only need to select the price type and adjust line color as u like. How to trade with it, well you can 'watch' her for a while to...
Hi my friend Kiads,



I first off wanted to say thank you for all your hard work in taking the renko charts one step further. To say you have done a fantastic job would be an understatement.



I know sometimes you help people with indicators and was wondering if you could send me the mq4 file for your version of the TMA file. You can send thru private message if your choose. I have the original mq4 TMA file, but your version includes the flat area where there should be no buys or sells. If you could send it to me it would save me a lot of time instead to try ask or look for someone to code the original TMA file. I would like to try create EA based on this TMA. I know the indicator repaints. Another question. When does your version of the TMA stop repainting? Is it after 1 bar has closed? Or after it has moved X amount of points from where the change of the color starts. I notice when the change does happen it repaints back around 4 bars back. Can you explain more about when the indicator repaints and what is the ultimate decision of it to stop repainting? Thank you again and looking forward to your positive reply.
Faith ends where worry begins, and worry ends where faith begins.
  • #150
  • Nov 6, 2013 6:44am Nov 6, 2013 6:44am
Quoting forexvegan
{quote} Hi my friend Kiads, I first off wanted to say thank you for all your hard work in taking the renko charts one step further. To say you have done a fantastic job would be an understatement. I know sometimes you help people with indicators and was wondering if you could send me the mq4 file for your version of the TMA file. You can send thru private message if your choose. I have the original mq4 TMA file, but your version includes the flat area where there should be no buys or sells. If you could send it to me it would save me a lot of time...
Hi My Friend Forexvegan,

Since this is originally not my creation and i just make some adjustment to match with my GeoRenko environment, then here is the mq4 file

Sometimes i use 3 of it with price set to H, L, and Median (HL/2) or Close, and in my personal opinion, this will be hard task to create good EA from it.
I use it visually, and just take it as reference. For me, I will look previous curve and not the current curve that definitely will repaint according to price movement.

Attached Image (click to enlarge)
Click to Enlarge Name: 20131106-HLmed TMA fast band 8.12.5% UJ.png Size: 544 KB


Hope it help and best regards

Attached File(s)
File Type: mq4 ! mth_FastTMALine.mq4   17 KB | 1,259 downloads
  • #151
  • Edited 7:05am Nov 6, 2013 6:53am | Edited 7:05am
Many thanks for your fast reply. I only use the centerline TMA and another indicator to confirm the buy or sell, and it looks good so far.

My question for the FASTTMALine is when does the indicator stop repainting the centerline?

In other words when the indicator is green, than turns yellow, than starts to turn red. How do we know if the red is permanent, or goes back to yellow? Does the indicator wait for the close of a bar? Once the bar is closed and the color is red, does this mean it is permanent? Or does it still have a chance to go back to yellow? How do we know it will stay red? Sorry English is not my first language. Hope it makes sense.

Let me know if you are interested in creating EA? I can show you in private if you are interested. I would just ask for mq4 EA file in return.
If not, no worries, I totally understand. I am very thankful for all you have done so far.
Faith ends where worry begins, and worry ends where faith begins.
  • #152
  • Nov 6, 2013 7:09am Nov 6, 2013 7:09am
Quoting forexvegan
Many thanks for your fast reply. I only use the centerline TMA and another indicator to confirm the buy or sell, and it looks good so far. My question for the FASTTMALine is when does the indicator stop repainting the centerline? In other words when the indicator is green, than turns yellow, than starts to turn red. How do we know if the red is permanent, or goes back to yellow? Does the indicator wait for the close of a bar? Once the bar is closed and the color is red, does this mean it is permanent? Or does it still have a chance to go back to...
Hi, As you can see in the codes it's backward counting so there is always potentially repaint itself and yes there is a change that the yellow will disappear and reappear, try visual back test.

I create so many EA for my friends or relations but honestly i don't trust any of them.. lol. so please forgive me that i can't help to create another EA. I'm just ordinary old guy, that love to trade with my own eye and my limited knowledge, I hope you understand my circumstances..

Happy Trading and Best regards..
  • #153
  • Nov 6, 2013 7:23am Nov 6, 2013 7:23am
Okay I guess my question is when does it stop repainting. I will try to backtest it and see if I can find the answer. Many thanks again for everything. Thanks for your time my friend.
Faith ends where worry begins, and worry ends where faith begins.
  • #154
  • Nov 6, 2013 8:03am Nov 6, 2013 8:03am
Hi Guys, I create this little Dashboard that maybe useful for you.

This Dashboard, give you information about what happened in other pairs and in all Time Frame from M1 to MN.
Default is 7 majors pairs, but of course you can change the pairs as you like. Corner default is 3 and you can change it, and you can also change any colors.
Every pair listed have 2 bar information in every TF first is base on ADX and Psar and 2nd from my cyclesign indicator so you must also put the cyclesign indi to your expert/indicator folder.

If you want to put more than once instance of this syclesign dashboard to your chart, please don't forget to change ID parameter (default 01). and you can adjust Xstart and Ystart to place it correctly in your chart.

You can change ADX parameters and also Psar parameter and CycleSign parameters from input tab. The calculation base on ADX + cross ADX - and Psar Positions related to candle, and the cyclesign is trend oscillator.

ADX Price as usual, selectable from 0 (close) to 6 (HLCC/4).

Make sure you select show all in your symbol tab of tick chart windows, and make sure that your selected pair is active there..
first loading maybe little bit long, since this dashboard will call all selected pairs and all TF.

Attached Image (click to enlarge)
Click to Enlarge Name: 20131106-Cycle Sign DashBoard 1.png Size: 332 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 20131106-Cycle Sign DashBoard 2.png Size: 582 KB


Default setting already match with GeoRenko..

Hope it help and enjoy play with it,

Happy trading and best regards..

Attached File(s)
File Type: ex4 ! MTH CycleSign DashBoard v01.ex4   16 KB | 1,189 downloads

Attached File(s)
File Type: ex4 ! MTH CycleSign.ex4   5 KB | 1,165 downloads
  • #155
  • Nov 6, 2013 8:19am Nov 6, 2013 8:19am
Your work continues to amaze me. Many thanks for all the hard work. I am trying to create an EA using a method that I think will work. I have asked some questions on here just to let you know.

http://www.forexfactory.com/showthread.php?t=455981

Thanks again for evrything.
Faith ends where worry begins, and worry ends where faith begins.
  • #156
  • Nov 6, 2013 8:25am Nov 6, 2013 8:25am
Quoting forexvegan
Your work continues to amaze me. Many thanks for all the hard work. I am trying to create an EA using a method that I think will work. I have asked some questions on here just to let you know. http://www.forexfactory.com/showthread.php?t=455981 Thanks again for evrything.
Hi My Friend, Yes you can create EA for offline chart. For simple test, try it on demo account, use Trailing EA /Lock Profit EA or Manager EA and try open position manually. then watch if those kind of EAs work or not in offline chart.

Basically if any Indicators or order scripts work on offline chart then EA will work too

Hope it help and best regards..
  • #157
  • Nov 6, 2013 8:26am Nov 6, 2013 8:26am
Hello, Kiads. What is your indicator that green and pink with levels?
  • #158
  • Nov 6, 2013 8:45am Nov 6, 2013 8:45am
Quoting mobidik
Hello, Kiads. What is your indicator that green and pink with levels?
Hi My Friend, that one is unfinished indicator especially created for renko chart, but actually in my personal opinion this is one of the best indicator that i can create..lol.
base code simllar to Heiken Ashi, so i called Advance Heiken Ashi (AHA). definitely no repaint at all. show her signal at current candle and didn't move or disappear after that. But I'm hardly thinking to share it in public because i'm really afraid about de-compiled so maybe if the test result is too good to be true, then please forgive me for this one, i can't share it to all of you..

Happy trading and best regards..
  • #159
  • Nov 6, 2013 9:33am Nov 6, 2013 9:33am
Good time of the day. /Kiads/

"""""Closely watched as the Advisor works"Renko_Live_Jake_para_real_v5"
and there are questions??:"""""""" came to the conclusion that there are many questions !

In pictures visible both in real-time candles are different Renko
and other errors. My EA is working on the edge of the candles and after shutdown (at night).
and inclusion in the morning creates a new candle in any interval and a order is closed
(not true!) See the examples. In real trading will be difficult !
Two days without rest I tried to put in order code - failed
When working with programs I watched the original from /LastViking/ "RenkoLiveChart_v3.2"
'm not a big master programs. And on this I got some
"carnations"
changes in the code:
135 line: PrevHigh = PrevLow + BoxPoints; ---- was
135 line: PrevHigh = PrevLow ;// + BoxPoints became ----
the picture attached. Strange as it is here all works without problems,
and above there are no errors.(picture attached.) I tried to 20 hours of these "studs" make candles - I can't . Will work, but test everything, and logic at the beginning and end of candles remodel have to do is difficult. If possible please, I already have the "roof goes"! For earlier thanks.
Sincerely, Alexander.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1111.png Size: 42 KB
Click to Enlarge Name: 1112.png Size: 43 KB
Click to Enlarge Name: 1113.png Size: 42 KB
Click to Enlarge Name: 1123.png Size: 42 KB
  • #160
  • Nov 6, 2013 10:04am Nov 6, 2013 10:04am
Quoting expertboss
Good time of the day. /Kiads/ """""Closely watched as the Advisor works"Renko_Live_Jake_para_real_v5" and there are questions??:"""""""" came to the conclusion that there are many questions ! In pictures visible both in real-time candles are different Renko and other errors. My EA is working on the edge of the candles and after shutdown (at night). and inclusion in the morning creates a new candle in any interval and a order is closed (not true!) See the examples. In real trading will be difficult ! Two days without rest I tried to put in order...
Hi My Friend, Alexander

First those Renko Parallel chart builder EA is not mine, and yes i think there is some bugs around and it's happen to other renko chart builder base on EA type.
that why i create my own chart builder base on indicator.

At early thread I already explain about how important 'starting price' is, it will create 'anchor' that will keep candle step position correctly when new data coming, just like when you turn off your computer and starting again next morning.. or at the weekend, when EA can't work. In the other side Indicator type chart builder still can work at weekend.

I'm still don't have enough time to 're-write' this parallel renko type code from EA type to Indicator type and adding starting price option, maybe later if i have spare time i will try to make it.

Even Renko_Live_Chart v3.2 and all her cloning still carry a lot of logic bugs problem, that when you compile the code there is no error found.

there is no problem with file write process but a lot of problem with file read when the program try to emulate real time offline chart.

The nature of EA is to deal with any order command data types, in the other hand Indicators specialize in data processing and visual imaging

At this time, my only suggestion is try to breakdown the structure of this parallel renko chart builder to know its flow and maybe you can found the problem..


Hope it help and best regards.
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