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Renko Block Charts

  • #1,161
  • Dec 3, 2014 2:19am Dec 3, 2014 2:19am
Quoting Nik13
{quote} Thanks abmmalay! It's very helpfull, but since I want to test something on Demo account first, I'd like to get a free Renko.
hi nik,
yes you can try free renko, and follow the installation indicator window, you have to activate dll for this renko works, hope you know how to do that
abmmalay
  • #1,162
  • Dec 3, 2014 2:44am Dec 3, 2014 2:44am
Quoting Nik13
Hey traders! I have a problem here (look at the picture below), but I do not really know, if it's a problem. . there is no more history to show on my M2 AU chart. . (I am using Renko v_3.4, Brick 12, Wick False, max bars 99999999). Is's not showing enough bars ( I guess ). it's just me or is there something wrong with my renko? any help will be accepted and appreciated. Stay green. cheers! {image}
Hi My Friend,
From your picture, you only have 2090 bars of AUDUSD M1 and that's not enough to create a lot renko brick with 12 point size.
Increase your AUDUSD M1 history bars for more than 14400 bars and set your max bars in your renko setting to 14400 bars (10 days M1 data).

and try to get newest renko version (at this time for EA Type renko builder you can use v.4.3 pimped, you can search it here at FF or at mql4 community codebase)..

Hope it help and best regards
MTH
  • #1,163
  • Dec 3, 2014 5:13am Dec 3, 2014 5:13am
Quoting abmmalay
{quote} hi nik, yes you can try free renko, and follow the installation indicator window, you have to activate dll for this renko works, hope you know how to do that abmmalay

thanks mate! yes, I know and I will try.
Stay Hungry Stay Foolish
  • #1,164
  • Dec 3, 2014 5:14am Dec 3, 2014 5:14am
Quoting Kiads
{quote} Hi My Friend, From your picture, you only have 2090 bars of AUDUSD M1 and that's not enough to create a lot renko brick with 12 point size. Increase your AUDUSD M1 history bars for more than 14400 bars and set your max bars in your renko setting to 14400 bars (10 days M1 data). and try to get newest renko version (at this time for EA Type renko builder you can use v.4.3 pimped, you can search it here at FF or at mql4 community codebase).. Hope it help and best regards MTH

Thanks for yourReplay Kiads!

It was really helpfull. .

Stay green!
Stay Hungry Stay Foolish
  • #1,165
  • Dec 4, 2014 10:34am Dec 4, 2014 10:34am
Friends

Is there any possibility to open multiple pairs on one MT4 renko chart and make all of tham work?

For exapmple, I want to open M2 chart of GU EU EJ UJ at the same time.
Stay Hungry Stay Foolish
  • #1,166
  • Dec 18, 2014 12:43pm Dec 18, 2014 12:43pm
hello guys
there is a solution, open orders the strategy tester Renko chart?
thank you
  • #1,167
  • Jan 17, 2015 1:07pm Jan 17, 2015 1:07pm
Hello everybody,
is there any experience in renko-trading with Indicators of harmonic patterns like ZUP or Korharmonics? I posted the same question in a forum of harmonic traders but could not really get a sufficient answer: why wil these indicators not work on renkos? But there might be some traders using such tools succesfully. Any help?
Thanks lot. Happy trading!
  • #1,168
  • Jan 18, 2015 8:36pm Jan 18, 2015 8:36pm
Quoting 2george
I use the Renko Range indicator - hope it helps. Also I use combo/trend for direction -standard setting and higher setting on 240 - used to assess overall direction. Attached also. The MACD indi is great at getting reversals and whilst they are reliable when used with the CCI-55, the trades are few and far between. Regards George {file} {image}
2George,

I haven't had a chance to read through the thread, but I'm in the process of adjusting to renko charts. I notice a problem at pivot points where standard renko charts don't show the actual exact highs/lows prices when compared with normal candlesticks at those points, which makes my manual backtesting difficult.

I noticed you have a modified renko chart, which shows engulfing candles at the pivot points. Please can you tell me more about it, how they work, and how can I get that renko chart indicator?

Thanks
  • #1,169
  • Jan 19, 2015 4:03am Jan 19, 2015 4:03am
Hi Julian,
There cannot be an engulfing candle on a RenkoRange so I am not sure to what you are referring.
However, there is a 'show wicks' box on the RenkoRange indicator I posted and maybe this is what you intended.
The only other possibility is that MT4 feed sometimes, not often, gets a far bigger 'wick' than is technically possible and that is because MT4 has not accepted the input data correctly.
I had to look back and found a couple of charts that explain what I mean - the 15pip version has extended wicks (highlighted) and this is an MT4 problem of data feed.
Hope this helps.
George
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM20 4pip.png Size: 53 KB
Click to Enlarge Name: EURUSDM21 15pip.png Size: 69 KB
  • #1,170
  • Jan 20, 2015 3:09am Jan 20, 2015 3:09am
Quoting Jope
Hello everybody, is there any experience in renko-trading with Indicators of harmonic patterns like ZUP or Korharmonics? I posted the same question in a forum of harmonic traders but could not really get a sufficient answer: why wil these indicators not work on renkos? But there might be some traders using such tools succesfully. Any help? Thanks lot. Happy trading!
Renko likes fibonacci patterns, best you learn for yourself as to why
  • #1,171
  • Feb 5, 2015 9:09am Feb 5, 2015 9:09am
Hi all, Im using renkolivecharts_pimped_v4_13.mq4 it generates perfect renko bars on my 2m offline chart.
But when Im attaching my EA its onTick() is not working on offline chart.

What Im doing wrong?
  • #1,172
  • Feb 16, 2015 11:57pm Feb 16, 2015 11:57pm
Quoting mezarashii
this is a true gift to experienced traders. I have been using constant range bars and these beat the pants off of that script. Nothing shows the existence of a trend better than renko, I am a convert. Thanks to both posters with their efforts. settings on my chart are 20. Happy pips to all. {image}
Hi Mezarashii, Can you please share your renko indicator as your attached photo? Thank you.

Any member can help me with Renko indicator? I install it but it doesn't work. I used the MT4 latest build.

Thank you.
  • #1,173
  • Feb 17, 2015 3:29pm Feb 17, 2015 3:29pm
Consortium,
I've not had any trouble with this RenkoRange indicator.
The charts can be seen in post 1169.
George
Attached File(s)
File Type: ex4 RenkoRangeBarsV1.2 R_KG.ex4   11 KB | 1,397 downloads
  • #1,174
  • Mar 11, 2015 2:35pm Mar 11, 2015 2:35pm
Can anyone tell my why my Renko charts are not working on MT4, I've tried everything, they are not live and only go back around 20 bricks?
Thanks
  • #1,175
  • Apr 6, 2015 9:03am Apr 6, 2015 9:03am
So do anyone have a Renko EA that can draw some kind of Renko Bar on M1 chart and take the trades as well. Basically, I don't want to open another offline Chart.
  • #1,176
  • May 18, 2015 10:06am May 18, 2015 10:06am
Hi Everyone,

What is the best RenkoLiveChart to use with a Trading Expert Advisor. Does anyone have any tips or suggestions?

Many Thanks

Andy
  • #1,177
  • May 18, 2015 10:40am May 18, 2015 10:40am
Quoting Trader_Andy
Hi Everyone, What is the best RenkoLiveChart to use with a Trading Expert Advisor. Does anyone have any tips or suggestions? Many Thanks Andy
http://backtothefuturetrading.com/fl...-hybrid-renko/ just got a free trial of this commercial version. hope all goes well. we shall see.
  • #1,178
  • May 26, 2015 9:56am May 26, 2015 9:56am
Hi all, I have a new pc with Metatrader build 830. The expert v 3.2 doesn't work well, so I switched to renkolivecharts_pimped_v4_13 (attached).

This expert creates correctly the Renko graph, but when I attach an expert to the renko graph it doesn't work.

Where could be the problem? :nerd:

Thank you!
Attached File(s)
File Type: mq4 renkolivecharts_pimped_v4_13.mq4   20 KB | 1,312 downloads
  • #1,179
  • Jun 5, 2015 3:09am Jun 5, 2015 3:09am
Quoting mezarashii
this is a true gift to experienced traders. I have been using constant range bars and these beat the pants off of that script. Nothing shows the existence of a trend better than renko, I am a convert. Thanks to both posters with their efforts. settings on my chart are 20. Happy pips to all. {image}

Does anyone have this indicator, ea or template ?
Attached Image
  • #1,180
  • Aug 12, 2015 2:51am Aug 12, 2015 2:51am
Quoting 2george
Consortium, I've not had any trouble with this RenkoRange indicator. The charts can be seen in post 1169. George {file}
Hi 2 George,
You may not get to read this....I have tested many Renko EA,s over the years and have found the pimped v4.13 to be rather good.O.K they all cpu hungary so I run my Master/slave accounts on one computer and Renko charts on separate broker platforms on an another computer.
Currently testing the EA presented here in this message...My several indicators react differently which is a part of the challenge.
Cheers,
Ronald
Ronnie Renko
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