Renko Block Charts | Page 62 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

RENKO Trading SYSTEM - RENKO Indicators 7 replies

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

Charts, Charts, Charts! 1 reply

Sticky Renko Charts 5 replies

MA problem on 1/2 block Renko 1 reply

Attachments: Renko Block Charts
Exit Attachments

Renko Block Charts

  • #1,221
  • Edited 6:22am Jan 24, 2016 4:18am | Edited 6:22am
A known problem with various evolutions of Renko EA builds has been high CPU load.
A convenient low profile free CPU monitoring tool for windows* is CoreTemp - http://www.alcpu.com/CoreTemp/ - that can be run from desktop or notification area (system tray).

* XP, Vista, 7, 8, 2003 Server, 2008 Server (R2), 2012 Server - should be ok with 10.
Attached Image

  1. CPU Temp: 37deg C.
  2. RAM Usage: 54 %.
  3. CPU Load: 4 %.

For notification area Core Temp 1.0 RC6 and Core Temp Gadget 2.7 need to be installed (if my memory is correct).

Notifications area fast and rough Settings guide taken from Windows 8.1 64 bit OS.

Options >> [tick]: Toggle MiniMode
Options >> Settings >> General → [tick]: Enable plug-ins, → [tick]: Start Core Temp with Windows.
Options >> Settings >> Display → [tick]: Start Core Temp mimimized.
Options >> Settings >> Notification Area → [tick]: Processor load, → [tick]: RAM utilization.
Options >> Settings >> Windows Taskbar → [tick]: Enable Windows Taskbar features, >> Settings → [select]: Temperature.

Core Temp Monitor is now available, an Android and Windows Phone app to monitor your machines from anywhere in the world! More information can be found here.

TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #1,222
  • Edited 11:14am Jan 24, 2016 10:46am | Edited 11:14am
Horizontal Grid Lines indicator * for Renko candles**.

Image illustrates fractional pip ability
Attached Image

* considerably lighter on CPU than Sweetspots indicator.
** If relevant box ends do not aligh with corresponding horizontal lines try setting 1 minute chart EA, script or indicator Inputs variable [RenkoBoxOffset] = 0 or required value. All relevant box ends will align with horizontal lines if the horizontal line spacing is a multiple of the renko boxsize.
Attached File(s)
File Type: mq4 Horizontal Grid Lines.mq4   6 KB | 889 downloads
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #1,223
  • Jan 24, 2016 1:41pm Jan 24, 2016 1:41pm
Indicator update: !MTH Renko Chart Builder Indi v 04 updated from #Post 1,218 . Forgot to update 2nd offline renko chart to accommodate fractional pip BoxSize Inputs in accordance with 3 & 5 digit pricing (for non-fractional pips set offline boxsize decimal to zero).
Note: Two seperate Renko charts of the same symbol on two different offline timeframes can be generated from this indicator.
Note: The candles of this indicator can be shifted as in Median Renko → see Inputs >> BoxShifPercent1 or BoxShiftPercent2 or both and set to less than 100 % (25, 50, 75 etc). For normal Renko box chart set BoxShiftPercernt = 100 %.
Attached Image (click to enlarge)
Click to Enlarge Name: Renko-GU-3.png Size: 11 KB
Attached File(s)
File Type: mq4 !MTH Renko Chart Builder Indi Ver 04.mq4   33 KB | 1,982 downloads
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #1,224
  • Jan 24, 2016 5:26pm Jan 24, 2016 5:26pm
Wow... it looks amazing...!

Thank you.


Quoting Phylo
Indicator update: !MTH Renko Chart Builder Indi v 04 updated from #Post 1,218 . Forgot to update 2nd offline renko chart to accommodate fractional pip BoxSize Inputs in accordance with 3 & 5 digit pricing (for non-fractional pips set offline boxsize decimal to zero). Note: Two seperate Renko charts of the same symbol on two different offline timeframes can be generated from this indicator. Note: The candles of this indicator can be shifted as in Median Renko → see Inputs >> BoxShifPercent1 or BoxShiftPercent2 or both and set to less than 100...
  • #1,225
  • Jan 25, 2016 12:54pm Jan 25, 2016 12:54pm
Quoting tradability
Great work Phylo!
Quoting Blaiserboy
Wow... it looks amazing...! Thank you. {quote}
Welcome.
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #1,226
  • Jan 25, 2016 12:58pm Jan 25, 2016 12:58pm
Non-Gap Renko
Attached Image (click to enlarge)
Click to Enlarge Name: Renko-Non-Gap.PNG Size: 13 KB
See FF thread - http://www.forexfactory.com/showthread.php?t=535170
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #1,227
  • Feb 8, 2016 3:15pm Feb 8, 2016 3:15pm
Quoting Phylo
RenkoLiveChart_v600.6 - this fixes the failure to remove all wicks when Inputs varable ShowWicks = false. Unfortunately many irons in the fire leads to oversights and fast fixes only to discover some other fix is also required. However, it is evident that this EA and its various other forms has had faults that were not addressed and corrected. This EA may now be free of faults. I have eyeballed this EA (with Kijun Sen 26, 50 & 100 and horizontal grid on chart) against Sierra Chart Renko candles and the comparison appears consistently accurate. {image}...

Hi Phylo

There is a major issue with that Renko builder EA you modified and although it is not a common issue it does exist. When EA is placed on a chart with a suffix symbol the EA won't build an offline chart with that same symbol. It will only build the basic currency pair name.

Check it out and see if I am correct.

Thanks
  • #1,228
  • Edited Feb 10, 2016 3:09am Feb 9, 2016 6:53pm | Edited Feb 10, 2016 3:09am
Quoting tradability
{quote} Hi Phylo There is a major issue with that Renko builder EA you modified and although it is not a common issue it does exist. When EA is placed on a chart with a suffix symbol the EA won't build an offline chart with that same symbol. It will only build the basic currency pair name. Check it out and see if I am correct. Thanks
Hi, I have only one account with suffix and have no problem generating Renko Charts. Please see image below of M1 with EA and Inputs window and M4 with generated renko chart with relavant indicators confirming M1 variable values.
Attached Image (click to enlarge)
Click to Enlarge Name: RenkoLiveChart_ v6006.6 Suffix.png Size: 60 KB
Edit: The indicator should in most instances generate non FX instruments.
AUS-200 (CFD Indices are based on the futures which are quoted in points not pips and the indicator is coded for FX 3 & 5 digit pricing so 100.0 Renko boxsize on the M1 chart will equate to a boxsize of 10.0 on the M4 chart.)
Attached Image (click to enlarge)
Click to Enlarge Name: RenkoLiveChart_ v6006.6 Suffix AUS-200.png Size: 51 KB
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #1,229
  • Feb 9, 2016 9:24pm Feb 9, 2016 9:24pm
yes you are right with those settings it worked fine.
Thanks
  • #1,230
  • Feb 10, 2016 9:42am Feb 10, 2016 9:42am
Quoting Phylo
Indicator update: !MTH Renko Chart Builder Indi v 04 updated from #Post 1,218 . Forgot to update 2nd offline renko chart to accommodate fractional pip BoxSize Inputs in accordance with 3 & 5 digit pricing (for non-fractional pips set offline boxsize decimal to zero). Note: Two seperate Renko charts of the same symbol on two different offline timeframes can be generated from this indicator. Note: The candles of this indicator can be shifted as in Median Renko → see Inputs >> BoxShifPercent1 or BoxShiftPercent2 or both and set to less than 100...
Thank you
  • #1,231
  • Edited 6:09pm Feb 10, 2016 4:55pm | Edited 6:09pm
Quoting forexaz
{quote} Thank you
Welcome, however not all is well with !MTH Renko Chart Builder Indi v 04. Not as a result of my minor mods but with the core code.

Below is a MT4 comparison of !MTH Renko Chart Builder Indi v 04. with renko boxsize at 100 % (so it should print as a normal renko and not as median) and RenkoLiveChart_v600.6. Below the MT4 comparisons is a Seirra Chart (reliable commercial charting) of the same FX and Boxsize. On all charts, for purposes of comparison, are horizontal grid of 15 pips (150 points) and Kijun Sens period 75 (purple), 150 (blue)**. An indicator on the MT4 charts confirms the renko boxsize.

  1. RenkoLiveChart_v600.6. (M4 chart) and Sierra Chart closely match each other.*
  2. !MTH Renko Chart Builder Indi v 04 (M11) does not quite match RenkoLiveChart_v600.6. (M4) and Sierra Chart.*

* view on different monitors if available.

Reliable commercial MT4 renkos for $35 are available but the licence can hardware locked as well as linked to the vendor's server. Not ideal for a number of reasons.

** Kijun Sen indicator can be downloaded from the site listed in my profile.

Attached Image (click to enlarge)
Click to Enlarge Name: XX-1.png Size: 70 KB
Attached Image (click to enlarge)
Click to Enlarge Name: XX-2.png Size: 29 KB
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #1,232
  • Feb 10, 2016 6:07pm Feb 10, 2016 6:07pm
Quoting Phylo
{quote} Welcome, however not all is well with !MTH Renko Chart Builder Indi v 04. Not as a result of my minor mods but with the core code. Below is a MT4 comparison of !MTH Renko Chart Builder Indi v 04. with renko boxsize at 100 % (so it should print as a normal renko and not as median) and RenkoLiveChart_v600.6. Below the MT4 comparisons is a Seirra Chart (reliable commercial charting) of the same FX and Boxsize. On all charts, for purposes of comparison, are horizontal grid of 15 pips (150 points) and Kijun Sens period 75 (purple), 150 (blue)**....
Was this charts created in real time?
  • #1,233
  • Feb 10, 2016 9:04pm Feb 10, 2016 9:04pm
Quoting Demos4x
{quote} Was this charts created in real time?
Yes, all three above charts captured in real time about 22:00 GMT (London winter time).
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #1,234
  • Edited 7:23am Feb 11, 2016 4:59am | Edited 7:23am
All,
I have tried the majority of Renko indicators/experts and with certain indicators they often freeze the chart from a few seconds to more than a minute.
The attached indicator is one I have found to be the best of all of the indicators and if anyone downloads it and finds a problem with it, due to freezing or any other idiosyncrasy, please post your resulting problem. So far I have found no problems.
George
PS
Since I posted, this indicator too has started to freeze after several weeks of being (almost) perfect with the indictors I use in the template!!
Attached File(s)
File Type: mq4 RenkoRangeBarsV1.2 new format.mq4   16 KB | 1,397 downloads
  • #1,235
  • Feb 11, 2016 1:00pm Feb 11, 2016 1:00pm
Quoting 2george
All, I have tried the majority of Renko indicators/experts and with certain indicators they often freeze the chart from a few seconds to more than a minute. The attached indicator is one I have found to be the best of all of the indicators and if anyone downloads it and finds a problem with it, due to freezing or any other idiosyncrasy, please post your resulting problem. So far I have found no problems. George PS Since I posted, this indicator too has started to freeze after several weeks of being (almost) perfect with the indictors I use in the...
Hello,, going to test your Renko bars , I am testing some on different time frames , some don't work,some do, the attached chart is the Renko on a 30 minute chart , not a 1 minute , and I have added Hieken Ashi and the indicators that you can see..
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_20160211185446.png Size: 124 KB
  • #1,236
  • Feb 11, 2016 2:49pm Feb 11, 2016 2:49pm
Quoting pgburty
{quote} Hello,, going to test your Renko bars , I am testing some on different time frames , some don't work,some do, the attached chart is the Renko on a 30 minute chart , not a 1 minute , and I have added Hieken Ashi and the indicators that you can see.. {image}
Update .....
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_20160211204455.png Size: 121 KB
  • #1,237
  • Feb 12, 2016 11:19am Feb 12, 2016 11:19am
Quoting pgburty
{quote} Update ..... {image}
Another tester ,, this is Renko on a 4 hour chart, with Heiken Ashi again ..
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_20160212171227.png Size: 125 KB
  • #1,238
  • Feb 15, 2016 8:58am Feb 15, 2016 8:58am
Quoting Phylo
{quote} Welcome, however not all is well with !MTH Renko Chart Builder Indi v 04. Not as a result of my minor mods but with the core code. Below is a MT4 comparison of !MTH Renko Chart Builder Indi v 04. with renko boxsize at 100 % (so it should print as a normal renko and not as median) and RenkoLiveChart_v600.6. Below the MT4 comparisons is a Seirra Chart (reliable commercial charting) of the same FX and Boxsize. On all charts, for purposes of comparison, are horizontal grid of 15 pips (150 points) and Kijun Sens period 75 (purple), 150 (blue)**....
Thanks very much for your hard work it is greatly appreciated.
Cut your Losers short and let your Winners run.
  • #1,239
  • Feb 18, 2016 3:42pm Feb 18, 2016 3:42pm
Quoting dee50
{quote} Thanks very much for your hard work it is greatly appreciated.
So out of all the free renko builders which one is bug free and works the best? Thanks
  • #1,240
  • Feb 19, 2016 5:37am Feb 19, 2016 5:37am
Hi pgburty,

Would you please be so kind to explain the indicators on the price chart(see attached). I assume they are MACD 5/35/5. If correct, how do you place MACD on a price chart? Could you please post the indicator. Please excuse the ignorance of a newbie.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_20160212171227.png Size: 125 KB
2 traders viewing now