Renko Bounce Trade | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

RENKO Trading SYSTEM - RENKO Indicators 7 replies

EA won't trade live on MT4 Renko 22 replies

How To Trade Renko Profitably 13 replies

How do you trade renko? 15 replies

New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies

Attachments: Renko Bounce Trade
Exit Attachments

Renko Bounce Trade

  • #61
  • Jan 11, 2015 9:19am Jan 11, 2015 9:19am
Hi everybody,

I've got the same ianstone problem.
When I open the M2 offline chart I just see a 2 minutes time based chart and not a Renko chart.

Ideas?
Thank you
  • #62
  • Jan 13, 2015 6:38am Jan 13, 2015 6:38am
Quoting portharcourt
Hi everybody, I've got the same ianstone problem. When I open the M2 offline chart I just see a 2 minutes time based chart and not a Renko chart. Ideas? Thank you
Quoting ianstone
Hi Can't see renko cadles, my chart looks like in attached picture, how can I fix it ? Thanks {image}
Please use MathTrader7_RenkoChartCreator. The first post has been updated.
Trading is the hardest way to make easy money...
  • #63
  • Jan 14, 2015 7:28am Jan 14, 2015 7:28am
Dear MathTRAder ,
Can you make EA out of this please?
It would help trading community.
  • #64
  • Jan 14, 2015 10:14am Jan 14, 2015 10:14am
Quoting anuj20jain
Dear MathTRAder , Can you make EA out of this please? It would help trading community.
The trading EA is under development. Since I cannot use the strategy tester of MT4 for Renko backtesting (at least it cannot be done directly), I'm doing forward test on a demo account in order to debug and improve the EA. I'll post the trading EA whenever it is ready. Stay tuned!
Trading is the hardest way to make easy money...
  • #65
  • Jan 14, 2015 1:17pm Jan 14, 2015 1:17pm
Quoting MathTrader7
{quote} The trading EA is under development. Since I cannot use the strategy tester of MT4 for Renko backtesting (at least it cannot be done directly), I'm doing forward test on a demo account in order to debug and improve the EA. I'll post the trading EA whenever it is ready. Stay tuned!
So far your forward test looking good? maybe a little hint on what to exect will be nice.
  • #66
  • Jan 14, 2015 3:26pm Jan 14, 2015 3:26pm
Hey all,

Thanks for sharing this, MathTrader7. I'm a big Renko nerd. I'm also a big Ichimoku nerd, so I thought I'd share this with you. If you add a Kumo cloud and a Tenkan-sen line, you get a little more information.

Kumo cloud: Bearish bounces tend to establish longer trends under the cloud. Bullish bounces tend to establish longer trend above the cloud.

Tenkan-sen: This line will split MathTrader7's ATR lines. You can use Renko bounces off of it as additional entry positions. This is a plus for more active traders.

An example chart:

https://charts.mql5.com/6/719/eurjpy...-division1.png
  • #67
  • Jan 14, 2015 11:21pm Jan 14, 2015 11:21pm
@ MAth Trader : Looking forward to the EA after your tests on Demo.
  • #68
  • Jan 26, 2015 11:20am Jan 26, 2015 11:20am
I send you screenshot of my chart. I am not shure if all parameters are OK. If my chart is the same like yours please let me know.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 48 KB
  • #69
  • Jan 27, 2015 1:32pm Jan 27, 2015 1:32pm
HI can i apply it in gold or is it only for curriences
  • #70
  • Jan 27, 2015 2:00pm Jan 27, 2015 2:00pm
Quoting amiami76
HI can i apply it in gold or is it only for curriences
I haven't tested it in Gold/Silver Renko charts. But theoretically this method must work on Gold/Silver markets as well...
Trading is the hardest way to make easy money...
  • #71
  • Jan 27, 2015 7:19pm Jan 27, 2015 7:19pm
any update on expert advisor for this?
  • #72
  • Jan 30, 2015 2:09pm Jan 30, 2015 2:09pm
Tweaking it :-)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2015-01-30 21:10:13.png Size: 11 KB
  • #73
  • Feb 14, 2015 3:06am Feb 14, 2015 3:06am
@ Mathtrader : Any update on the EA?
  • #74
  • Feb 19, 2015 11:14am Feb 19, 2015 11:14am
Quoting attilafx
Tweaking it :-) {image}
how do this ?
explain
how can do same chart
  • #75
  • Feb 19, 2015 11:36am Feb 19, 2015 11:36am
Quoting attilafx
Tweaking it :-) {image}
Please explain the tweaking. Thanks
  • #76
  • Mar 31, 2015 1:53pm Mar 31, 2015 1:53pm
Quoting aelimian
{quote} Please explain the tweaking. Thanks
IMO, He is basing the renko chart on a bigger timeframe. However, when you do that, you get ironed out history only, not real time price movement. A renko chart must be based on 1 min tf. That is why his chart history looks smooth, but last bars are "real".
Best, Josh
  • #77
  • Edited 6:10am Apr 5, 2015 4:20am | Edited 6:10am
i use OSMA for hidden divergence , "trendChannel" and autopivot :
Attached Image (click to enlarge)
Click to Enlarge Name: EUR JPY.png Size: 58 KB
Attached File(s)
File Type: ex4 TrendChannel.ex4   11 KB | 672 downloads
File Type: mq4 AutoPivotIndicator.mq4   15 KB | 631 downloads
  • #78
  • Edited 11:20pm Apr 9, 2015 11:08pm | Edited 11:20pm
Hey Mathtrader, thanks so much for sharing the Renko charts EA! I'm having an issue though, I'm wondering if anyone else is experiencing it? The charts are moving in since with price, but it's offset by anywhere from 1-3 pips depending on the pair. For instance, on the CAD/CH, the real price is .77510 but the Renko shows price as .77540. It's a steady difference and it is a different amount depending on the pair. At first I thought it was related to spread but the difference is not the spread. I've also tried changing the brick size but that makes no difference. When I enter enter on the Renko chart, the entry lines in MT are where it seems they should be but on the actual live chart, the price is correct, but it's not where the candles are..... hopefully the screen shot illustrates what I'm trying to say, haha. The chart in example is a 3 pip brick. I think my settings are ok, DLL imports is checked. Anyone have any clue if it's something to do with my MT4? It's build 765

Edit - I'm experiencing the same exact issue with another Renko EA and the difference in price is exactly the same for every pair so it's got to be a setting or MT4 issue. Please help!
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 448 KB
  • #79
  • Apr 10, 2015 9:31am Apr 10, 2015 9:31am
Quoting sammymantis1
Edit - I'm experiencing the same exact issue with another Renko EA and the difference in price is exactly the same for every pair so it's got to be a setting or MT4 issue. Please help! {image}
I don't know what would be the problem. I just posted a new version of a Renko chart creator EA here.
Trading is the hardest way to make easy money...
  • #80
  • Apr 10, 2015 8:56pm Apr 10, 2015 8:56pm
Quoting MathTrader7
{quote} I don't know what would be the problem. I just posted a new version of a Renko chart creator EA here.
Ok, thanks! I'll try that one
0 traders viewing now