MTH Accel Shift- Advance Renko Trading System (ARTS) MT4 b600 | Page 18 | Forex Factory

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MTH Accel Shift- Advance Renko Trading System (ARTS) MT4 b600

  • #341
  • Mar 4, 2014 6:54pm Mar 4, 2014 6:54pm
Quoting Jhlewis10
Talk me through this. Cycle coming down from the top. Changed color and hits the green line. BB Dev 3 dips into the MA. Trade placed. Ok? {image}
Hi My Friend, for this SMA17 BB17 key sign, we talk about Geo Renko Style (8point, 12.5%) normal shift renko, so we don't use any accelerated type renko yet.
It is better to make your acceleratedshift to off (false). And also, in your offline chart you can right click and select indicator list, and open/edit your market time inidi, and close it again to refresh 'her' (for not become just blank dark blue box like that).

After that, would you please read my previous posts (Tech Analysis Tips), step by step, take your time.. no need to hurry, do it with your demo account and practice for several days...

Hope it helps and best regards.
MTH
  • #342
  • Mar 4, 2014 7:02pm Mar 4, 2014 7:02pm
Entry was your second green line where BB came up from the bottom into the ma?
  • #343
  • Mar 4, 2014 7:05pm Mar 4, 2014 7:05pm
Hi Kiads,

I have a question, maybe it is a silly question, I have downloaded the data history and I set up according to your suggestion, which is the size of the brick 8 points, shift pct 12:50%, source 28800 bars, 1 for GBPUSD start price, but I still do not get the same chart as yours. I have included a screenshot image as below
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Capture #00900987657.png Size: 139 KB


I did not realize this before. I realized this when I look closely at the chart that you show and I compare it with my own chart. Did i make a mistake ? thanks before
  • #344
  • Mar 4, 2014 7:15pm Mar 4, 2014 7:15pm
Quoting traderdp
Kiads, I know this is a ridiculous and stupid question, but I do not know where exactly to put the temporary folder outside of drive C to try to make the Geo Renko charts work. I use the Windows 7 and have MT4 build 604 and have very little tech ability as you are now obviously aware. Where exactly do you mean to place these underlined MT4 program and indicator folders ? 1. Download Renko chart builder to your temporary folder outside drive C 2. make sure your MT4 program folder is outside of your Windows/ program files thanks so much for all of...
Hi My Friend, Please forgive me , if I make my explanations unclear.

My latest rar.file content indicators, compiled with MT4 build 610, maybe there will be incompatibility with the older MT4 build 604.

Maybe better if you download new MT4 build 610 platform, and open new demo account, to try this latest ARTS. (just little suggestion, try one of MT4 ECN brokerages)

Now, when you run your MT4 Installer in your Windows 7, don't accept the default installation address (Windows/ProgramFiles(x86)) click browse, and create your own folder address to place your MT4 build 610 platform files. (if your computer has 2 drives C and D (or else), better you put your MT4 folder in your D drive).

After you done with your MT4 build 610 platform installation, open your demo account, then you can start to copy the content of my latest ARTS rar.file.
follow my readme please pdf for detail step by step.

Hope it help and best regard.
MTH
  • #345
  • Mar 4, 2014 7:23pm Mar 4, 2014 7:23pm
Quoting Duittrilliun
Hi Kiads, I have a question, maybe it is a silly question, I have downloaded the data history and I set up according to your suggestion, which is the size of the brick 8 points, shift pct 12:50%, source 28800 bars, 1 for GBPUSD start price, but I still do not get the same chart as yours. I have included a screenshot image as below{image} I did not realize this before. I realized this when I look closely at the chart that you show and I compare it with my own chart. Did i make a mistake ? thanks before
Hi My Friend, first try to right click your GBPUSD M11 offline renko chart, and check your Indicator list, maybe your MTH MT4 B610 Offline Chart Info is not there...
i believe that the information about your offline chart came from the template. And if that so, try to re-apply my ! plain off gainsboro.tpl to your GBPUSD. M11.

hope it help and best regard
MTH
  • #346
  • Mar 4, 2014 8:28pm Mar 4, 2014 8:28pm
Reading back it looks like I entered early. No high prob 22 cross up into green candles.

Entry is red vertical
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  • #347
  • Mar 4, 2014 9:50pm Mar 4, 2014 9:50pm
Quoting Kiads
{quote} Hi My Friend, first try to right click your GBPUSD M11 offline renko chart, and check your Indicator list, maybe your MTH MT4 B610 Offline Chart Info is not there... i believe that the information about your offline chart came from the template. And if that so, try to re-apply my ! plain off gainsboro.tpl to your GBPUSD. M11. hope it help and best regard MTH
Yes Kiads, that is my mistake. But then, i noticed about this too
Attached Image (click to enlarge)
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This is an example that you gave last night
Attached Image (click to enlarge)
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and I get different results with the example
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would you mind to give me solution? I don't know what is my mistake. Thanks before
  • #348
  • Mar 4, 2014 10:10pm Mar 4, 2014 10:10pm
Quoting Duittrilliun
{quote} Yes Kiads, that is my mistake. But then, i noticed about this too{image} This is an example that you gave last night {image} and I get different results with the example {image} would you mind to give me solution? I don't know what is my mistake. Thanks before
Keep in mind that different brokers means different feeds ... so you may have different candles in some occasions ... especially with very small renko size like 1 pip.
MT4/MT5 EAs/Indicators/Alerts coder
  • #349
  • Mar 4, 2014 10:13pm Mar 4, 2014 10:13pm
Quoting Duittrilliun
{quote} Yes Kiads, that is my mistake. But then, i noticed about this too{image} This is an example that you gave last night {image} and I get different results with the example {image} would you mind to give me solution? I don't know what is my mistake. Thanks before
Hi My Brother, would you please use my ! plain off gainsboro template so i can clearly see your screenshot picture. please forgive my old eye, i already past my 50 years ago..

Thanks in advance
MTH
  • #350
  • Mar 4, 2014 10:16pm Mar 4, 2014 10:16pm
Quoting FerruFx
{quote} Keep in mind that different brokers means different feeds ... so you may have different candles in some occasions ... especially with very small renko size like 1 pip.
Thank You Sir, once again you save my life..
May God always Bless You and Your Family with Healthy, Wealthy and Harmony forever..
MTH
  • #351
  • Mar 4, 2014 10:20pm Mar 4, 2014 10:20pm
Quoting Kiads
{quote} May God always Bless You and Your Family with Healthy, Wealthy and Harmony forever.. MTH
Thank you ! We don't have the same, but I believe that Yours will always bless you too.
MT4/MT5 EAs/Indicators/Alerts coder
  • #352
  • Edited 4:31am Mar 5, 2014 3:50am | Edited 4:31am
Hi Kiads,
Have you ever encounter this issue like the figure?

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the price in the offline chart is not the same as the price in the live chart

Mostly, it delay from the live chart very often.

Sometime, i saw the price in the offline chart did not move for seconds, like it stop updating from live chart or not updating in every tick.

Can you check if the indicator have some bugs?

Another question, I saw you like use the setting of shift 12.5%. Yet, if the market is in the fast market, what is the suggestion of the renko brick and shift?

Do you still use shift 12.5%?Is it not too fast to generate an new bar?

What i saw and tested in this setting was when market is in the fast market, usually before events, the price often has "gap" in live chart

So, in this situation, the renko bar are generated by two or more bars at once, even not in the fast market.

How can you trade in this small shift setting?

Anyway, thanks for sharing this impressive indicator for us.
  • #353
  • Mar 5, 2014 4:31am Mar 5, 2014 4:31am
1. Color change of cycle.
2. BB dips into MA
3. BB dips up into MA bear candles 36 pips later. Entry here high probability.
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  • #354
  • Mar 5, 2014 4:36am Mar 5, 2014 4:36am
Quoting bb2260
Hi Kiads, Have you ever encounter this issue like the figure? {image} the price in the offline chart is not the same as the price in the live chart Mostly, it delay from the live chart very often. Sometime, i saw the price in the offline chart did not move for seconds, like it stop updating from live chart or not updating in every tick. Can you check if the indicator have some bugs? Another question, I saw you like use the setting of shift 12.5%. Yet, if the market is in the fast market, what is the suggestion of the renko brick and shift? Do you...
Yes, My friend if you use multiple instances of this renko chart builder with single base chart, its logical there should be 'slightly delay' when with only one incoming tick from base chart, this multiple renko chart builders should update (read/write) multiple hst files. In Theory, you can use multiple instances but in reality, MT4 platform can't handle that simultaneous update, and the incoming tick is depend on your base chart pair, so if you put your renko chart builder in EURUSD M1 base chart, and create GBPUSD M11 offline chart for example, the update of this GBPUSD offline chart depend on EURUSD M1, incoming tick.

You can use tick generator program (including in my rar file) to send constant tick to force update, it will 'slightly' reduce the 'delay' but the best way is only use max 3 offline chart per 1 MT4 platform. Btw, if we can consistently make profit with only 1 offline chart, why make it more difficult with multiple pairs offline charts..

About fast market, as I already explained in my previous posts, you can always adjust your renko brick size with bigger size, but the step if you like to use geo renko style must be keep to 12.5%. (1/8 step).

Hope it help and best regard.
MTH
  • #355
  • Mar 5, 2014 4:38am Mar 5, 2014 4:38am
Quoting Jhlewis10
1. Color change of cycle. 2. BB dips into MA 3. BB dips up into MA bear candles 36 pips later. Entry here high probability. {image}
Great My Friend, I think you start to get the 'feeling' .. congrats.

MTH
  • #356
  • Mar 5, 2014 4:51am Mar 5, 2014 4:51am
Quoting Kiads
{quote} Great My Friend, I think you start to get the 'feeling' .. congrats. MTH
Thank you friend.

My greed struggles with letting 36 pips pass waiting for #3 though.

I will work on that lol.
  • #357
  • Mar 5, 2014 4:56am Mar 5, 2014 4:56am
Quoting Kiads
{quote} Yes, My friend if you use multiple instances of this renko chart builder with single base chart, its logical there should be 'slightly delay' ...
Thanks for replying. I will check my issue.

Thanks again.
  • #358
  • Mar 5, 2014 5:04am Mar 5, 2014 5:04am
Quoting FerruFx
{quote} Keep in mind that different brokers means different feeds ... so you may have different candles in some occasions ... especially with very small renko size like 1 pip.
Oh I understand, but actually it is not what I meant, sir, what I mean is that the entry key is also different from the examples given yesterday
Attached Image (click to enlarge)
Click to Enlarge Name: ! ARTS - Geo Renko Key - BB17 goes inside SMA17 patterns a.gif Size: 507 KB


And this is in my chart

Attached Image (click to enlarge)
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  • #359
  • Mar 5, 2014 5:06am Mar 5, 2014 5:06am
Quoting Arav007
{quote} You were Right. It's worked now.
//----

hey arav..... got your pm.....

it would be best not to use imaonarray in the case you pm'd me with..... just use metatrader's standard stoch mode_signal line instead..... it is a built in imaonarray....
//----

Inserted Code
   double stochastic = iStochastic(NULL,0,12,3,5,MODE_SMA,0,MODE_MAIN,1);   // stoch main line
 
   double signalline = iStochastic(NULL,0,12,3,5,MODE_SMA,0,MODE_SIGNAL,1); // stoch signal line it's ma value is the 5
  
if (stochastic > signalline)
{

}
if (stochastic < signalline)
{

}

//----

the iStochastic(NULL,0,12,3,5,MODE_SMA,0,MODE_SIGNAL,1); adjust the 5 to the moving average of your choice......

the code you sent was missing some parameters..... that's why you were getting 0's.......h
to trade and code, keep both simple... no call to impress....h
  • #360
  • Mar 5, 2014 5:10am Mar 5, 2014 5:10am
Quoting Kiads
= TECH ANALYSIS TIPS = continue from post 303 Find which one is similar and which one is different ? how many pattern variations there ? Ok we will call all the upper/lower line BB17 goes inside SMA17 +/- level 120 just 'Inside' for short. So, we will get 4 patterns variation with this 'Inside' key according to 'trend'; 1. Inside Bearish Down 22. Inside Bullish Down 11. Inside Bearish Up 2. Inside Bullish Up we mark our magenta vert line in our GBPUSD geo renko chart just like this; {image} Now, can you see the 'result' from each of Inside pattern...

Hello Kiads,

First of all Congratulations for your trade explorer, great results!
I`ve been lurking around for a long time here having no input yet, but now I have a dumb question. I suppose I misunderstand some simple thing.
On this picture you have 4 patterns:
1: Inside Bearish Downtrend
22: Inside Bullish Downtrend
11: Inside Bearish Uptrend
2: Inside Bullish Uptrend

I suppose "Downtrend" and "Uptrend" means the preceding trend, not the coming trend. How do you judge whether trend is up or down?
I marked certain points on the picture where I cannot get the hang of it why trend is up or down.
Best Regards.
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