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RENKO Boxes Trade easy

  • #301
  • Aug 18, 2016 2:19pm Aug 18, 2016 2:19pm
Quoting ghostbiker
- read Post # 1 is all descriped - Renko EA on the M1 per pair and "M2 offline Chart" per same pair
Ghodt,

You are ocnfusing everyone (me for sure).

You wrote yesterday: "my other System (not RENKO boxes) MarketOrders is a System Strength and Trend direction", and now you suggest that i read page 1 (Renko method)....
  • #302
  • Edited Aug 19, 2016 8:16am Aug 18, 2016 3:31pm | Edited Aug 19, 2016 8:16am
- yes we are here in the Renko thread

- with my other systems I trade with TF M15 and H1 prefer MarketOrders but PendingOrders too


all you need is in the Site 1 Post number 1
  • #303
  • Aug 19, 2016 12:34am Aug 19, 2016 12:34am
Hi Ghostbiker!
Thank you for sharing your system.
Can you show on the chart, where you put pending orders? Some examples will help us Thank you.
  • #304
  • Edited 8:15am Aug 19, 2016 3:24am | Edited 8:15am
- evo-slope change the color to red 1. Box is finished to red (is a box finished will not repaint the evo-slope)

- Order below the middle line of evo-donchian

- sell Order 15 - 20 Pips from actually priceline, set the Order 1.4860 on a round number (golden line)

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Renko_order.JPG Size: 187 KB



all you need is in the Site 1 Post number 1
  • #305
  • Aug 19, 2016 3:35am Aug 19, 2016 3:35am
Quoting ghostbiker
- evo-slope change the color to red 1. Box is finished to red (is a box finished will not repaint the evo-slope) - Order below the middle line of evo-donchian - sell Order 15 - 20 Pips from actually priceline, set the Order 1.4860 on a round number (golden line) {image}

Good, very clear example.

Do you have any pending orders today ?
  • #306
  • Aug 19, 2016 7:05am Aug 19, 2016 7:05am
guys sorry but when do you make orders, i mean i got all the things set on mt and all is ok but whats the sign of making order i dont get it, circles ? or changing colours ? or the lines ? what tells us to make order ?
  • #307
  • Aug 19, 2016 7:09am Aug 19, 2016 7:09am
Hello,

Is someone having troubles with renko offline charts? For me It's not creating properly the renko candles.
  • #308
  • Aug 19, 2016 7:43am Aug 19, 2016 7:43am
Quoting Elsordo
guys sorry but when do you make orders, i mean i got all the things set on mt and all is ok but whats the sign of making order i dont get it, circles ? or changing colours ? or the lines ? what tells us to make order ?

Hello. You've all the information in #1
1. evo- slope must change the color for change direction red is sell and blue is buy (no repaint)

2. evo-donchian: above the donchian line only buy / below the donchian line only sell

So you would wait until that happens and then you should enter in the next golden line. You've a image with an example in the post #304
  • #309
  • Aug 19, 2016 7:53am Aug 19, 2016 7:53am
Quoting Alexhome
{quote} Hello. You've all the information in #1 1. evo- slope must change the color for change direction red is sell and blue is buy (no repaint) 2. evo-donchian: above the donchian line only buy / below the donchian line only sell So you would wait until that happens and then you should enter in the next golden line. You've a image with an example in the post #304
thank you so much Alexhome. one last question about the renko boxsizes is it 50 or 100. its 100 in the settings but on the screenshots of the others the timeframe at the bottom seems narrower but mine has long time between the boxes.
  • #310
  • Edited 8:15am Aug 19, 2016 7:59am | Edited 8:15am
- BoxSize = 100

1. load the ev-renko EpertAdvisor in expert tab

2. load all Indicaotrs into the Indicator tap

3. load the 2 template files into the template tap

- for each pair you must create a M1 chart with the Renko ExpertAdvisor

- for each pair you must create a M2 offline chart

- put first the template RENKO.tpl into the M2 offline chart

- after put the Renko_Forexfactory_2.tpl in the same chart

all you need is in the Site 1 Post number 1
  • #311
  • Aug 19, 2016 8:19am Aug 19, 2016 8:19am
Quoting ghostbiker
- BoxSize = 100 1. load the ev-renko EpertAdvisor in expert tab 2. load all Indicaotrs into the Indicator tap 3. load the 2 template files into the template tap - for each pair you must create a M1 chart with the Renko ExpertAdvisor - for each pair you must create a M2 offline chart - put first the template RENKO.tpl into the M2 offline chart - after put the Renko_Forexfactory_2.tpl in the same chart all you need is in the Site 1 Post number 1
thank you ghostbiker but there is only one template file on the 1st post

and i mean that thing on the attachment. my times and boxes have big gap between each of them. am i missing something ?
Attached Image
  • #312
  • Edited 12:20pm Aug 19, 2016 8:25am | Edited 12:20pm
Solved.
  • #313
  • Edited 8:53am Aug 19, 2016 8:34am | Edited 8:53am
- where is a GAP ?? I can't see a GAP

- mean you a time GAP ??

- Renko boxes OFFLINE M2 Chart have no time (Renko is price action without a time)

- come only the next box is the last box full with 10 Pips (setting 100 in the Renko EA)

(is the ADR on this day example 15 then come only ONE complete box on this day in 24 hours)

- my boxes absolutely the same like yours !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Renko_Gap_AU.JPG Size: 193 KB
Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Renko_Gap_EU.JPG Size: 154 KB
  • #314
  • Aug 19, 2016 8:35am Aug 19, 2016 8:35am
Quoting ghostbiker
- where is a GAP ?? I can't see a GAP - mean you a time GAP??

Yes time gap, renko candles are not being generating properly.
  • #315
  • Aug 19, 2016 8:39am Aug 19, 2016 8:39am
Quoting ghostbiker
- where is a GAP ?? I can't see a GAP - mean you a time GAP??
not the gap we usually use. i mean check the attachments and look at the times and the times between each of them. first one is mine the second is yours.
you have 3 renko boxes in 11 minutes and i have 3 renko boxes in 3hours and 20 minutes. the boxes contains a lot longer time period
Attached Images
  • #316
  • Aug 19, 2016 8:44am Aug 19, 2016 8:44am
Quoting Elsordo
{quote} not the gap we usually use. i mean check the attachments and look at the times and the times between each of them. first one is mine the second is yours. {image} {image}
Elsordo & Alexhome
Those green vertical lines you have circled are volume bars - nothing to do with prices.
These will vary depending on your broker. If there are no large volumes done through the broker
the bars will be small or even not shown purely because of the scaling of the bars.
Regards
  • #317
  • Aug 19, 2016 8:49am Aug 19, 2016 8:49am
Edit, nevermind I got what was happening, my fault. our images are right.
  • #318
  • Aug 19, 2016 9:21am Aug 19, 2016 9:21am
@domana @ghostbiker @alexhome thank you all for explaining, now we got it
  • #319
  • Aug 19, 2016 9:36am Aug 19, 2016 9:36am
Quoting Elsordo
{quote} thank you ghostbiker but there is only one template file on the 1st post and i mean that thing on the attachment. my times and boxes have big gap between each of them. am i missing something ? {image}

Hello @Elsordo,

that is right so, this are "Renko-Boxes" and "no-time Bars". The Boxes closed by price and not by time !
  • #320
  • Edited 10:23am Aug 19, 2016 10:07am | Edited 10:23am
I give up now !!! We trade here Renko boxes 10 Pips
and not TIME candles (post # 313 above)

please read the Site 1 Post # 1

RENKO M2 offline Charts have NOT a TIME !!!!!

if your broker have a other price stream or your broker is a marketmaker
the boxes can have a difference to me or to others

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Renko_Gap_EU.JPG Size: 185 KB


I mean Renko offline charts with boxes is to heavy for beginners to trade
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