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MT4-Indicator: Adjustable Shift Renko Chart Builder Indicator

  • #361
  • Jul 19, 2014 7:04am Jul 19, 2014 7:04am
Quoting Kiads
{quote} Hi My Friend KiwiOz, Thank You for your support, and I really hope that this shifted renko work with your DeMark Projection Lines. At Standard Candlestick Chart, DeMark Projection Lines work great with HTF like H4 up, maybe you can try to create shifted renko chart also from H4 source chart not M1. This will give you more smoothed wave in renko chart history at this example pictures bellow i use 17 point brick size (1/2 of H4 average candlesticks length of GBPUSD for 24 periods), with 25% shift. in both pictures i use RealWoodie CCI with...
Hi Kiads,
I'm new here and 1st of all Thanks for your great contribution. I would like to ask is it possible to get RealWoodie CCi indicator that you use on the pictures? I only have the version without DeMark projection line. Apologies if this version is for your personal use only. Thanks.
SVT refer to mql5 link
  • #362
  • Sep 7, 2014 11:56am Sep 7, 2014 11:56am
Quoting Kiads
Guys this only general information about to set your Indicator in this type of renko chart. Firstly, the most important and most confusing in indicator parameters is Period or nBar or Length or whatever the name is.. but basically is how many bar or candle that the indicators should calculate the price data for her specific averaging formula. Actually if you put hundred of indicators on your single chart, they only give you same information but in different 'how it look'. For example the famous standard Moving Average with default period of 14...
I can't thank you enough brother.. this post opened my eyes to what I was missing. I know this post is very old but information never old.

Thank you,
  • #363
  • Oct 24, 2014 6:57am Oct 24, 2014 6:57am
Hello Kiad! I asked a question in Zokyno's thread and I noticed you gave a very good analysis on transient zones(basic) thread few hours ago. So with respect to the comparison of CRBs, Renko and regular candlestick charts, I notice the differences don't seem too much, looking at the charts you posted, apart from a bit more volatilty captured by the candles chart? I'm I missing something buddy?
  • #364
  • Oct 24, 2014 7:07am Oct 24, 2014 7:07am
Quoting LITEchild
Hello Kiad! I asked a question in Zokyno's thread and I noticed you gave a very good analysis on transient zones(basic) thread few hours ago. So with respect to the comparison of CRBs, Renko and regular candlestick charts, I notice the differences don't seem too much, looking at the charts you posted, apart from a bit more volatilty captured by the candles chart? I'm I missing something buddy?
Hi My Friend, thank you for visiting my old thread, if you don't mind I will answered all about offline renko chart in my ARTS thread.
and if you not already download my renko chart builder indicator, CRB builder indicator and some supporting indis. I will prepared for you with template so you can see by yourself. Please give me some time to make it rar file..

best regard.
MTH
  • #365
  • Oct 24, 2014 8:59am Oct 24, 2014 8:59am
Quoting Kiads
{quote} Hi My Friend, thank you for visiting my old thread, if you don't mind I will answered all about offline renko chart in my ARTS thread. and if you not already download my renko chart builder indicator, CRB builder indicator and some supporting indis. I will prepared for you with template so you can see by yourself. Please give me some time to make it rar file.. best regard. MTH
Thank you my friend. You are too kind. I only ask some of these questions to reduce my learning curve a bit. I will hence forth post on the ARTS thread instead. Tnx.
  • #366
  • Nov 24, 2014 6:05pm Nov 24, 2014 6:05pm
hi guys,

i loaded my renko ea into the M1 chart and subsequently loaded my offline renko chart in mt4.

i realized that the price tick in my offline renko chart does not synchronized with the one in the real time charts be it M1,M5,M15,M30,H1 or H4..

has anyone encountered the same problem before?

thanks.
  • #367
  • Nov 25, 2014 8:10am Nov 25, 2014 8:10am
Quoting judysfriend
hi guys, i loaded my renko ea into the M1 chart and subsequently loaded my offline renko chart in mt4. i realized that the price tick in my offline renko chart does not synchronized with the one in the real time charts be it M1,M5,M15,M30,H1 or H4.. has anyone encountered the same problem before? thanks.
Oh sure, you must count for the work your pc does make to calculate the offline chart! In a fast moving market this can do very big delays!
  • #368
  • Feb 19, 2015 8:05pm Feb 19, 2015 8:05pm
Quoting wolfsch
{quote} Oh sure, you must count for the work your pc does make to calculate the offline chart! In a fast moving market this can do very big delays!
I'm currently running the attached indi.

I can't get it to update my offline chart, this is all new to me and there are so many threads that the valuable info get's lost.

i am trying to pair it with this template

any advice would be greatly appreciated.
Attached File(s)
File Type: ex4 RenkoLiveChart_v3.302 indicator.ex4   21 KB | 1,610 downloads
File Type: tpl Renko10.tpl   3 KB | 1,317 downloads
  • #369
  • Aug 1, 2015 3:17am Aug 1, 2015 3:17am
Not sure where to post this message
suppose I have 5 windows open
M1, M5. M15, H1, H4 of EUR/USD
I change settings of each window
so that autoscroll is unchecked
Next I review all my trades for the week
so if I move the cursor to 27 July 2013 9 pm all five windows move to the same time
This will be very good for analysis. This feature exists in Ninja Trader
do u think a script like this exists for MT4 ?
  • #370
  • Sep 27, 2015 7:32am Sep 27, 2015 7:32am
i useing from ! MTH Renko Chart Builder Indi Ver 01.ex4 indicator.

but , my metatrader Hong will. please help me
  • #371
  • Apr 18, 2016 5:50am Apr 18, 2016 5:50am
Quoting Supercid
{quote} Hi I just saw this picture. If possible I would like you to tell me, or better put indicators and the template of how this image. Thank you very much and a hug. Sorry for my English. {image}
yes where do we get this from?
  • #372
  • Jun 12, 2016 10:19pm Jun 12, 2016 10:19pm
Hi

Anybody knows this system
Attached Image (click to enlarge)
Click to Enlarge Name: renko.png Size: 51 KB
  • #373
  • Jun 13, 2016 1:46am Jun 13, 2016 1:46am
Quoting mailmayank87
Hi Anybody knows this system {image}
I think it's the Holy Grail version 777
Let it turn and find your entry.
  • #374
  • Jun 13, 2016 2:01am Jun 13, 2016 2:01am
Quoting Intrepidpips
{quote} I think it's the Holy Grail version 777
I cannot get you can you explain this
  • #375
  • Jun 13, 2016 2:02am Jun 13, 2016 2:02am
Don't worry, I didn't get it either.
  • #376
  • Jun 13, 2016 2:08am Jun 13, 2016 2:08am
Quoting mailmayank87
Hi Anybody knows this system {image}
Hi
why do you hide what you have there? If it is something valuabble you should show all the details and indicators. This forum is for SHARING!!!
  • #377
  • Jun 13, 2016 2:12am Jun 13, 2016 2:12am
Hi

I dont have anything if i have i will share you definitely,Actually some one is selling this on other site
  • #378
  • Jun 13, 2016 2:18am Jun 13, 2016 2:18am
Hi

I think this chart is made from Kiads indicator ,i just want to know the settings of brick thats why posted chart
  • #379
  • Jun 13, 2016 2:32am Jun 13, 2016 2:32am
Quoting mailmayank87
Hi I think this chart is made from Kiads indicator ,i just want to know the settings of brick thats why posted chart
Just experiment different brick sizes and Percentage increments and you will find it hopefully

It's the same ol s__t someone uses a free indicator modifies it and codes it into an ex4 and takes the best cherry picked screenshots and claims it's the "Holy Grail"

I swear if I'd learned how to code I'd have been a SELLER long ago, profiting from the greed of Holy Grail seekers and growing a steady stream of income.
Let it turn and find your entry.
  • #380
  • Jun 15, 2016 10:56am Jun 15, 2016 10:56am
I've been reading this thread and would just like to know what renko chart settings the users have found to be the most stable(less noise) and profitable to trade for scalping and day trading, will be doing my own testing and posting results soon
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