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Non-gap Renko Chart Creator EA

  • #61
  • Edited 5:49pm Nov 16, 2015 5:16pm | Edited 5:49pm
Quoting monk2316
Thanks for the information! A "Renko builder function" as you call it, would also be my choice for the backtesting, as there is no need to make the "detour" of a Renko chart. What is your approach for using indicators in your EA on the output of this builder function? My guess would be, using the various "ixxxxOnArray" functions as there is no "timeframe" you would apply the indicators to. cheers
You're welcome!
For standard indicators, as you mentioned, I use "ixxxxOnArray" functions, for non-standard indicators I have to implement them somehow. Indeed, I have already created a library of such functions
Trading is the hardest way to make easy money...
  • #62
  • Nov 16, 2015 11:35pm Nov 16, 2015 11:35pm
Quoting MathTrader7
In standard Renko charts there is a gap of brick size between open of the reverse brick and the close of the previous brick. This expert advisor create non-gap version of Renko charts. I personally prefer this type of building Renko and wanted to share my EA with the community. {image} How to run it: 1. Download MathTrader7_RenkoChartCreatorEA.ex4 from the attachments and copy it into your Experts folder. 2. Enable Allow DLL import in Tools>Options>Expert Advisors tab. 3. Refresh your MT4 platform's navigator window (or restart MT4). 4. Open a M1...
It still does not work for me The last one which works is 1.20. By the way, my broker has -PRO extension (e.g. EurJpy-Pro). Maybe you changed something about this, and this is the reason?
  • #63
  • Nov 19, 2015 9:48pm Nov 19, 2015 9:48pm
my chart creator creates 1 renko bar when i open offline. I know im doing everything right because i've loaded renko charts before. not sure why its a problem with this renko creator. any suggestions?
  • #64
  • Nov 20, 2015 2:44am Nov 20, 2015 2:44am
It is frequently insufficient 1 min chart history. Try hitting Page Up on your keyboard whilst on the 1min chart and it should load all the 1min history your broker has for any given chart
  • #65
  • Nov 20, 2015 11:41am Nov 20, 2015 11:41am
  •  regme
  • | Joined Mar 2010 | Status: Planning to be like Warren Buffett | 115 Posts
Multicurrency Renko Candle Designer EA, request:

Thanks MathTrader for your EA. I have one request.

Please convert your single currency Renko EA into Multicurrency EA. One charts will reduce CPU load and screen clutter on laptop.

Thanks.
  • #66
  • Nov 20, 2015 11:45am Nov 20, 2015 11:45am
Quoting regme
Multicurrency Renko Candle Designer EA, request: Thanks MathTrader for your EA. I have one request. Please convert your single currency Renko EA into Multicurrency EA. One charts will reduce CPU load and screen clutter on laptop. Thanks.
Good suggestion!

I'll work on this idea since I myself have problem loading a lot of charts...
Trading is the hardest way to make easy money...
  • #67
  • Nov 20, 2015 12:39pm Nov 20, 2015 12:39pm
MathTrader you are the best!
thank you very much!
  • #68
  • Nov 20, 2015 3:12pm Nov 20, 2015 3:12pm
i did download the ea and did all as per the said .. but i dont see a renko chart but i see a simple chart .. can any one help?
Attached Image (click to enlarge)
Click to Enlarge Name: 21-11-2015 02-41-21.jpg Size: 402 KB
Eudopo
  • #69
  • Nov 20, 2015 4:16pm Nov 20, 2015 4:16pm
Quoting eudopo
i did download the ea and did all as per the said .. but i dont see a renko chart but i see a simple chart .. can any one help? {image}
just restart mt4
  • #70
  • Nov 21, 2015 9:43pm Nov 21, 2015 9:43pm
Quoting eudopo
i did download the ea and did all as per the said .. but i dont see a renko chart but i see a simple chart .. can any one help? {image}
You have to scroll to the left (to the past) as much as possible. The further back you scroll, the more data the offline chart will show.
  • #71
  • Nov 22, 2015 1:51am Nov 22, 2015 1:51am
Quoting karamaramun
{quote} You have to scroll to the left (to the past) as much as possible. The further back you scroll, the more data the offline chart will show.
Or he may use a script when too lazy to scroll by hand.
Attached File(s)
File Type: ex4 LoadAllHistory.ex4   102 KB | 3,212 downloads
  • #72
  • Nov 22, 2015 4:22am Nov 22, 2015 4:22am
Quoting Halley
{quote} Or he may use a script when too lazy to scroll by hand. {file}
Thanks for the script!
I added the link to it in Post 1.

Quoting AltosTrader
It is frequently insufficient 1 min chart history. Try hitting Page Up on your keyboard whilst on the 1min chart and it should load all the 1min history your broker has for any given chart
Thanks for your directive post!
I added the link to it in Post 1.
Trading is the hardest way to make easy money...
  • #73
  • Nov 22, 2015 10:14am Nov 22, 2015 10:14am
Non-gap renko chart achieve a better view with bullish/bearish engulfing candle at reversal point. Good idea.

But, the candle size is increased. if wick is included, high - low may run 3 time of 10 pips size (less a bit).

Another problem for renko candles is lack of time. A good look of up trend/down trend with multiple candles may be produced in few minutes or in few hours. A range run may be last for few hours. This is a problem for human traders if you are not watching chart.

So, a time for each candle completed may be needed to add onto the candle. So, you can know how long time this candle has taken to completed.
  • #74
  • Nov 22, 2015 5:17pm Nov 22, 2015 5:17pm

*** Non-gap Multi-Symbol Renko Chart Creator EA ***

The first version of a non-gap multi-symbol Renko chart creator EA released. You can download it form Post 1.

Note: This EA is experimental, you may face high cpu usage and other issues.
Trading is the hardest way to make easy money...
  • #75
  • Nov 23, 2015 11:54am Nov 23, 2015 11:54am
  •  regme
  • | Joined Mar 2010 | Status: Planning to be like Warren Buffett | 115 Posts
Thanks MathTrader7.
  • #76
  • Edited 4:51pm Dec 6, 2015 4:35pm | Edited 4:51pm
Version 1.42 released. In this version there is no need to uncheck "Offline chart" option of the created Renko chart. I updated Post 1.
Trading is the hardest way to make easy money...
  • #77
  • Dec 6, 2015 4:51pm Dec 6, 2015 4:51pm
*** Non-gap Multi-Symbol Renko Chart Creator EA ***
Version 1.10 Released. In this version there is no need to uncheck "Offline chart" option of the created Renko chart.
Trading is the hardest way to make easy money...
  • #78
  • Dec 7, 2015 1:52pm Dec 7, 2015 1:52pm
Thanks!
What does Multi-Symbol Renko Chart Creator do? Is it possible to have it on one 1-min chart, ex EuroUsd and than open many Renkochart?
Regards
  • #79
  • Edited 3:35pm Dec 7, 2015 2:02pm | Edited 3:35pm
Quoting Elovv
Thanks! What does Multi-Symbol Renko Chart Creator do? Is it possible to have it on one 1-min chart, ex EuroUsd and than open many Renkochart? Regards
Yes! You can run it on one chart (for example, EURUSD, M1) and set more than one symbol in the input settings. The EA creates live Renko charts for all the symbols that the user has set in the input settings.
Trading is the hardest way to make easy money...
  • #80
  • Dec 7, 2015 3:31pm Dec 7, 2015 3:31pm
Thanks.

Very good. I will try when open mt4.
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