More simple is impossible

Quoting dee50

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{quote} Comparison of Renko v Range. There is a lot of difference between a 10 pip Renko (1st chart) and a 10 pip Range (2nd chart) in fact I would say that the 10 Range Chart looks more like the 5 pip Renko (3rd chart). look at the indicator differences between the first 2 charts, the Range chart is not showing the whole session, but the Renko chart is, Bars to the right of the red vertical line. This is because of the way the Bars are formed. A range bar forms every 10 pips of movement either up or down so more bars are shown. {image} {image}...

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Quoting dee50

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{quote} Comparison of Renko v Range. There is a lot of difference between a 10 pip Renko (1st chart) and a 10 pip Range (2nd chart) in fact I would say that the 10 Range Chart looks more like the 5 pip Renko (3rd chart). look at the indicator differences between the first 2 charts, the Range chart is not showing the whole session, but the Renko chart is, Bars to the right of the red vertical line. This is because of the way the Bars are formed. A range bar forms every 10 pips of movement either up or down so more bars are shown. {image} {image}...

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Quoting Halley

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{quote} I am preferably range bar trader, but I am afraid the Renko chart setups would not work with range bars. To be honest, I never found any profitable setup for Renko, while I have a few with range bars. In short - Renko is too simple for me to let me guess the next direction preference.

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Quoting BBalazs

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{quote} I suppose it all comes down to the trader. I am a fan of any non-time dependent charting method. I simply experiment, but I feel like range bars would suit me better for scalping. Next week will tell as range bars are repainting just like renkos if you restart your MT4

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Quoting Halley

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{quote} No worry, the repainting is not a big issue, if you are trading on live feed. And if you find the range bars charts reasonable, there are non-repainting generators available. It is what I use.

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Quoting BBalazs

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{quote} Are you using the RangeBarChart_v103a indicator to display range charts?

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Quoting Jakepuia

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I am a newbie and I read this thread every day. I know that there is one script that can help me set up Renko chart during forex holidays. I scroll up these pages again and again and searching for it in the attchment secntion as well but still I could not find it yet. Can anyone help me find it? Thanks in advance.

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Quoting dee50

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{quote} http://www.forexfactory.com/showthre...32#post8435032

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Quoting Intrepidpips

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{quote} Sorry I'm asking this I'm yet to get that far in catching upon the thread, I just want to ask if it goes in the Experts or Indicator folders? (I'm still using math trader 7 EA).

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Quoting dee50

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DAX 4H. H Div on 4h exactly as Friska said, S&R at 9250ish, but a 50% Fib at 9310. I do not have a clue, I am staying out and letting nature take its course. Will Gravity and the Gap exert their power or will the Hydrogen filled lungs of the Market Makers and the power of Money conquer nature? {image}

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Quoting friska

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​holding long pos, but the big div on 10p makes me a little nervous... {image} {image}

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