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Renko Bounce Trade

  • #181
  • Aug 9, 2015 4:05am Aug 9, 2015 4:05am
OK
I will try that this week and keep you posted
  • #182
  • Aug 10, 2015 1:37pm Aug 10, 2015 1:37pm
Quoting chidiezenyem
OK I will try that this week and keep you posted
I found that some brokers don't push enough history data when installed. Even if you download data, EA doesn't work or doesn't work well. Such broker is Roboforex which I used before, so I had to turn to Hotforex and immediately EA starts working without the need to download historical data on a brand new installation.
  • #183
  • Aug 10, 2015 2:58pm Aug 10, 2015 2:58pm
Yes Codar i have to agree with you right away.
Mathtrader, you know I said I will keep you posted about the EA opening accounts on the MT4.
I downloaded the IC Markets as you suggested and between yesterday and today, IC markets has open two trades, one closed in profit, (buy usdjpy) and a sell trade on eurusd is on now, in profit, while on the same computer, same ea default settings on fxpro has not opened a single trade.

Please Codar, Mathtrader, what do you think I can do to it for it to work on fxpro MT4 platform

Thanks in advance
  • #184
  • Aug 10, 2015 3:03pm Aug 10, 2015 3:03pm
Quoting codar
{quote} I found that some brokers don't push enough history data when installed. Even if you download data, EA doesn't work or doesn't work well. Such broker is Roboforex which I used before, so I had to turn to Hotforex and immediately EA starts working without the need to download historical data on a brand new installation.
Thanks for the tip. I will try it also on a different broker tomorrow and let you know. Now i am using pepperstone that doesn't work. Tomorrow I will try markets.com.
  • #185
  • Aug 10, 2015 3:50pm Aug 10, 2015 3:50pm
Quoting chidiezenyem
Yes Codar i have to agree with you right away. Mathtrader, you know I said I will keep you posted about the EA opening accounts on the MT4. I downloaded the IC Markets as you suggested and between yesterday and today, IC markets has open two trades, one closed in profit, (buy usdjpy) and a sell trade on eurusd is on now, in profit, while on the same computer, same ea default settings on fxpro has not opened a single trade. Please Codar, Mathtrader, what do you think I can do to it for it to work on fxpro MT4 platform Thanks in advance
Probably MathTrader can shed some light on this. It would be logical that if you force MT4 to download historical data (hit F2 - historical center) on M1, it would be enough. Maybe it needs tick data, and brokers decide how much of that is being pushed when the chart is first opened.

You can follow my trades here: http://www.myfxbook.com/members/dark...bounce/1327596
  • #186
  • Aug 10, 2015 5:52pm Aug 10, 2015 5:52pm
For historical data would it work to place the EA on a 1hr or 4hr chart. That is what I do.
  • #187
  • Aug 11, 2015 4:55am Aug 11, 2015 4:55am
Quoting cfudge
For historical data would it work to place the EA on a 1hr or 4hr chart. That is what I do.
No, everything is set for EA to work on 2min renko bar charts for which you need 1min regular bar chart.
  • #188
  • Aug 11, 2015 6:05am Aug 11, 2015 6:05am
It doesn't work either on markets.com....
  • #189
  • Aug 13, 2015 2:59am Aug 13, 2015 2:59am
Quoting smika
It doesn't work either on markets.com....
Try ICMarkets.
Am trying it too and its working there.
  • #190
  • Aug 17, 2015 7:40am Aug 17, 2015 7:40am
Hi people ... new to the forum but not new to trading.... I know this has been on the thread before... ive read it all
I am having issues in getting the renko bars to show.. I follow the instructions to the letter and still cant get it to work.

Im using Oanda mt4 build 840. I've tried everything in this thread to fix it but to no avail!!!..

Can someone please help me... at my wits end on trying to get this to work.

Thanks
  • #191
  • Aug 17, 2015 2:50pm Aug 17, 2015 2:50pm
GO to the first page, download the necessary files, then search the downloads for this forum and download the template file that i think Codar once sent, and you are good, it may not look so like renko, but it is renko and behaves like one
  • #192
  • Aug 26, 2015 3:09pm Aug 26, 2015 3:09pm
Hi auzzyssv,
If you go to Oanda Singapore and download antssys or go to Guppy's website there is a link to antssysm - this will give you a free chart with renko, free as long as you trade live.
I've copied my MT4 template onto eSignal chart and the results are very good except it takes a long time for eSignal to load - but there has never been any freezing of the charts like MT4.
Oanda are a good company but it is only the Singapore branch that is offering the software platform but it will not be long before the whole of Oanda take it on.
If you are trading live then the renko set up is excellent - see my grab.
If you contact Oanda they should be able to sort out your MT4 situation easily but now you have two choices.
All the best
George
Quoting auzzyssv
Hi people ... new to the forum but not new to trading.... I know this has been on the thread before... ive read it all I am having issues in getting the renko bars to show.. I follow the instructions to the letter and still cant get it to work. Im using Oanda mt4 build 840. I've tried everything in this thread to fix it but to no avail!!!.. Can someone please help me... at my wits end on trying to get this to work. Thanks
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  • #193
  • Aug 26, 2015 3:41pm Aug 26, 2015 3:41pm
This is the result following the above screengrab.
It broke the support trap but the opportunity will come again.
I'm liking this new platform but I've only had it for a couple of weeks after many years of MT4 - which I still find is easier to use.
George
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  • #194
  • Sep 24, 2015 10:13am Sep 24, 2015 10:13am
Hi All

System looks great!! forgive me but how do you trade the offline chart?


Happy pips..
  • #196
  • Sep 24, 2015 10:21am Sep 24, 2015 10:21am
https://www.mql5.com/en/articles/1387
  • #198
  • Jan 13, 2016 8:34am Jan 13, 2016 8:34am
Quoting MathTrader7
I am a big fan of Renko charts. In this thread I would like to share my indicator (for MT4 platform) and the system of trading which has worked for me so far. How to create a Renko chart: 1. Download MathTrader7_RenkoChartCreator.ex4 from the attachments and copy it into your <Experts> folder. 2. Enable DLL import in Options menu. 3. Refresh your MT4 platform's navigator window (or restart MT4). 4. Open a M1 chart (e.g., EURUSD, M1) and attach the above EA to the chart. 5. From <File> menu, select <Open Offline> and choose (EURUSD, M2) chart. Note:...
thank you for the very complete discussion on Renko.
I am vbery anxious to have these running so that I mys use them - I have traded for many years and understand the principle.
However - for 3 solid days i have tried every which way to get these operative, but no way can i get these to produce a renko block
I have watched many videos and read many posts and articles - I have the EA in my experts folder - I have been successful in opening the offline 2M chart of choice (EurUsd) -I attach a screen shot which shows the EA in place - Where am I cocking it up please someone - my frustration is worth then having a pane of glass between me and some unclad beauty - I, m going dilly at my own ignorance - please help me!
Thank you and i am very sorry about the bleet, but it is getting to me -, cant read any more and see how easy all do this and i can not!!!!
Thank you
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  • #199
  • Jan 13, 2016 8:47am Jan 13, 2016 8:47am
Quoting OldHand
{quote} thank you for the very complete discussion on Renko. I am vbery anxious to have these running so that I mys use them - I have traded for many years and understand the principle. However - for 3 solid days i have tried every which way to get these operative, but no way can i get these to produce a renko block I have watched many videos and read many posts and articles - I have the EA in my experts folder - I have been successful in opening the offline 2M chart of choice (EurUsd) -I attach a screen shot which shows the EA in place - Where...
Attach a Renko builder EA to a M1 chart (for example, EURUSD,M1), wait for the EA to create the history, then open the Renko offline chart (in our example, it could be EURUSD,M2). You MUST NOT attach any Renko builder EA to the Renko chart!!
Trading is the hardest way to make easy money...
  • #200
  • Jan 13, 2016 9:14am Jan 13, 2016 9:14am
Quoting MathTrader7
{quote} Attach a Renko builder EA to a M1 chart (for example, EURUSD,M1), wait for the EA to create the history, then open the Renko offline chart (in our example, it could be EURUSD,M2). You MUST NOT attach any Renko builder EA to the Renko chart!!
Thank you that was real quick, but it seems the saga continues - attached is the result of following your instructions. Why? I'm totally screwed - truly!
Thank you for your patience... maybe i am simply to screwing old (80) but I dont feel it that is why i get so annoyed that I can not get this to work! Cant get
offline chart to show any Renko or other price line.
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