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Renko Block Charts

  • #1,301
  • Oct 3, 2016 2:46pm Oct 3, 2016 2:46pm
Quoting 2george
Depending on your renko setting this S&R indi is excellent - I had it designed for either 5 or 16 renko bar candles but can be used for other settings. It self cancels when it is broken but leaves an audit trail so you can backtest the best settings - see illustration of the 16 setting attached. George {file} {image}
Thank you for your work!
Vucking good EA coder... https://t.ly/AZjRM
  • #1,302
  • Edited 9:22pm Oct 9, 2016 3:14pm | Edited 9:22pm
Quoting Phylo
I have no affiliated links or interests with any of the commercial products mentioned below and would instantly drop any for a more suitable product.
Quoting Phylo
{quote} As far as my own experience goes the indicator performed flawlessly in all markets tested.
The above refers to a commercial renko product from AZ-Invest purchased because some renko candles of indicator RenkoLiveCharts v600.6 did not align accurately with candles of a priority multi-broker charting and candles of an ECN broker non-MT4 charts.

I have had to discard use of the above commercial product as occasionally it will slow the MT4 Terminal to the point where click and type response is almost dead.

Other MT4 Terminals and other software simultaneously running on the same system suffer no such impediments.

When this occurs removal of said renko software will result in the MT4 Terminal returning to normal instantaneous response.

I suspect this may be due to the license not stored on the local PC but stored on the vendor servers - or something similar.

I have only experienced fast and responsive support from the vendor.

However, I don't have time for vendor dialog, problem diagnostics and decipher and it is more economical to dump it, move on, and find an alternative.

I have gone with the OVO product -$45 lifetime. It produces accurate like-for-like renko candles compared with the ECN broker and priority charting and the license resides on the user's system.

So far, so good.......
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #1,303
  • Oct 10, 2016 2:08am Oct 10, 2016 2:08am
Quoting Phylo
{quote} {quote} The above refers to a commercial renko product from AZ-Invest purchased because some renko candles of indicator RenkoLiveCharts v600.6 did not align accurately with candles of a priority multi-broker charting and candles of an ECN broker non-MT4 charts. I have had to discard use of the above commercial product as occasionally it will slow the MT4 Terminal to the point where click and type response is almost dead. Other MT4 Terminals and other software simultaneously running on the same system suffer no such impediments. When this...
Welcome to the club
Let it turn and find your entry.
  • #1,304
  • Oct 20, 2016 2:59am Oct 20, 2016 2:59am
Quoting brokemat
*FIX* Array out of range fix when using ATR Dynamic setting If you want to try it download this one. The above has error in ATR dynamic setting greets mat {file}
Hi i like to use this ea but its not working it works sometimes for a while
  • #1,305
  • Nov 1, 2016 6:08am Nov 1, 2016 6:08am
Hello, brokermat can you please fix your renko ea? It is working for a while but it freezes a lot and has issues with automatic trading. This version is quite unstable but the only free that I have found that has no symmetrical reversals which are quite useful for my trading. Thanks for your help.
  • #1,306
  • Nov 25, 2016 4:16am Nov 25, 2016 4:16am
Quoting brokemat
*FIX* Array out of range fix when using ATR Dynamic setting If you want to try it download this one. The above has error in ATR dynamic setting greets mat {file}
Hello brokemat.
I use your EA. Your EA have benefits over its competitors. The main ones:
1.Low CPU use
2.Median renko effect.

BUT!
EA from this post http://www.forexfactory.com/showthre...50#post9099150
does not open a deal. If use other RenkoBuilders, the new deal will be opened as it is necessary.
Please fix the error in the code.
Thank you.

http://www.forexfactory.com/showthre...64#post9285864
http://www.forexfactory.com/showthre...80#post9285880
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2016-11-25_10-55-55.jpg Size: 1.1 MB
Click to Enlarge Name: 2016-11-25_10-21-17.jpg Size: 225 KB
Stay hungry to be free...
  • #1,307
  • Nov 25, 2016 6:00am Nov 25, 2016 6:00am
Quoting denya
{quote} Hello brokemat. I use your EA. Your EA have benefits over its competitors. The main ones: 1.Low CPU use 2.Median renko effect. BUT! EA from this post http://www.forexfactory.com/showthre...50#post9099150 does not open a deal. If use other RenkoBuilders, the new deal will be opened as it is necessary. Please fix the error in the code. Thank you. http://www.forexfactory.com/showthre...64#post9285864 http://www.forexfactory.com/showthre...80#post9285880...
Hi denya,
Can you share your TMA bands indicator? In picture 3 it sounds like it only process the last X bars? this can be very CPU friendly I stopped using my TMA Bands (PB Bands) because it process all bars in chart and its way to lagg
Thanks

About the renko being more CPU friendly, im using this renko builder you can set "max bars" to process so Its faster, cant remember where i got it tho..
Attached File(s)
File Type: ex4 RenkoLiveChart_v3.3x2.ex4   21 KB | 1,797 downloads
  • #1,308
  • Dec 2, 2016 10:32pm Dec 2, 2016 10:32pm
I just saw this thread and I really like it. It is like a Maria Treben syrup for my Forex/equity-ing. I'm not using it. I would have to practice more.
  • #1,309
  • Jan 27, 2017 6:23am Jan 27, 2017 6:23am
I am trying to backtest larger ranges in offline charts - for example the normal setting of between 5 and 10 against setting exceeding 25. I have a script called 'Load all History' but it does not increase the offline data.
Is there a simple way of achieving this increase in history for large renko/range bars?
Tried 4 separate MT4 platforms - all the same.
Thanks
George
  • #1,310
  • Jan 27, 2017 6:34am Jan 27, 2017 6:34am
Quoting 2george
I am trying to backtest larger ranges in offline charts - for example the normal setting of between 5 and 10 against setting exceeding 25. I have a script called 'Load all History' but it does not increase the offline data. Is there a simple way of achieving this increase in history for large renko/range bars? Tried 4 separate MT4 platforms - all the same. Thanks George
Hi 2george, I also had no success with "Load all History" script
the only way I've found to get more data is either go to M1 and put a stone on Home button and go take a coffe or download a external program that download the tick data and import to MT4, look for "tick downloader" on google

  • #1,311
  • Jan 27, 2017 9:58am Jan 27, 2017 9:58am
I'll give it a go.
George
  • #1,312
  • Jan 29, 2017 2:30am Jan 29, 2017 2:30am
Quoting 2george
I am trying to backtest larger ranges in offline charts - for example the normal setting of between 5 and 10 against setting exceeding 25. I have a script called 'Load all History' but it does not increase the offline data. Is there a simple way of achieving this increase in history for large renko/range bars? Tried 4 separate MT4 platforms - all the same. Thanks George
I am afraid the Load All History fetches only the history which the broker offers, and it has sense for the live charts rather than the strategy tester.
For long charts in the strategy tester there are other tools like the FXT Builder.
  • #1,313
  • Edited Mar 22, 2017 10:48am Mar 21, 2017 8:06pm | Edited Mar 22, 2017 10:48am
Hello fellow traders, hope you all made some pips. Been absent for a while and missed some replies...sorry about that
I have updated the RenkoChartSuite. I have optimized the code and removed some errors and added a simple control panel.
The RSCexpert_panel.ex4 needs to be copied in your indicator folder.

It is possible to create multiple renko charts with it, depending on how fast your pc is since all renko charts get refreshed
from 1 chart. Just attach the expert to a chart and if all goes well the panel should attach itself (experimental).
The expert has only one user option. It is important that only 1 expert is set to TRUE if you use multiple currencies.
The next time you log in you goto to the chart with this expert click F7 and press OK to update the renko charts.

red button: Remove and close renko chart
green button: Open renko chart
Period: Offline timeframe - opens or update the chart
Time: Is a loop button. Click to loop thru timeframes - this timeframe is only used for generating history.
Live is always 1M period.
Boxsize: Ticks not pips.
Retrace: in %

Price, Wicks, Gaps, Symetric... just play around with those to see the effect.

Bars: The amount of bars based on time. Also a loop button.
Source: Used for generating history.
Atr: Off
(ST)artup - Calculate atr boxsize on startup
(DYN)amic - Recalculate atr boxsize based on timeframe
Period, Time
Min, Max: Minimum / maximum at boxsize (ticks)
Step: Minimum change in atr for recalculating atr boxsize (ticks)

The panel controls are custom controls nothing fancy for now
Let me know if you run in to something.

greets mat
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 24 KB
Attached File(s)
File Type: ex4 RCSexpert_panel.ex4   29 KB | 1,426 downloads
File Type: ex4 RenkoChartSuite_v2.0.ex4   36 KB | 1,754 downloads
  • #1,314
  • Mar 22, 2017 3:15am Mar 22, 2017 3:15am
Quoting brokemat
Hello fellow traders, hope you all made some pips. Been absent for a while and missed some replies...sorry about that I have updated the RenkoChartSuite. I have optimized the code and removed some errors and added a simple control panel. The RSCexpert_panel.ex4 needs to be copied in your indicator folder. It is possible to create multiple renko charts with it, depending on how fast your pc is since all renko charts get refreshed from 1 chart. Just attach the expert to a chart and if all goes well the panel should attach itself (experimental). The...

Thanks brokemat for your sharing .
  • #1,315
  • Edited 7:53am Mar 22, 2017 7:02am | Edited 7:53am
My pleasure Khaled_35

I`ve made a slight change to the expert. Its the same version only this one should support live trading.
Also for the traders that don`t like the panel there is the 1.3 version. They are both the same only this one has
no panel.

greets mat
Attached File(s)
File Type: ex4 RenkoChartSuite_v2.0.ex4   36 KB | 1,526 downloads
File Type: ex4 RCSexpert_panel.ex4   29 KB | 1,216 downloads
File Type: ex4 RenkoChartSuite_v1.3.ex4   39 KB | 1,451 downloads
  • #1,316
  • Jun 6, 2017 6:59pm Jun 6, 2017 6:59pm
Mean Renko Indicator - install in indicator folder
Attached Image (click to enlarge)
Click to Enlarge Name: terminal_2017-06-07_00-58-07.png Size: 41 KB
Attached File(s)
File Type: ex4 RenkoMeanLiveChart_v1.0 new format.ex4   21 KB | 2,843 downloads
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #1,317
  • Jun 7, 2017 5:42am Jun 7, 2017 5:42am
Quoting brokemat
My pleasure Khaled_35 I`ve made a slight change to the expert. Its the same version only this one should support live trading. Also for the traders that don`t like the panel there is the 1.3 version. They are both the same only this one has no panel. greets mat {file} {file} {file}
Hello brokemat.

Great job. Now I will check if the new version is working with REnkoVdub.ex4
There is a suggestion: Please make your Renko-driver multicurrency (one EA for all 28 pairs).
The choice of currencies must be made in the EA settings.
This will allow using only one renko-driver to generate offline renko charts for all 28 currency pairs.

Thank you.
Stay hungry to be free...
  • #1,318
  • Edited Jun 19, 2017 3:32am Jun 18, 2017 10:01pm | Edited Jun 19, 2017 3:32am
Attached Image
Attached Image

alert1.wav and alert2.wav available only in Variable -> Value = Sound only.

MT4 sound folder location
Attached Image
Extra information - https://www.forexfactory.com/showthr...69#post9734069
Attached File(s)
File Type: zip Alert1Alert2.zip   194 KB | 974 downloads
File Type: ex4 renkocolorchangealarm mod - 1.ex4   12 KB | 1,098 downloads
File Type: ex4 0 - Renko Box Size.ex4   10 KB | 1,083 downloads
TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #1,319
  • Jul 7, 2017 10:17am Jul 7, 2017 10:17am
Thanks brokemat for this amazing Renko chart builder. Am just starting out with Renko trading and it's really great to have found this EA. Will be subscribing to this thread in case you have something or have an update. Thanks again for the hardwork in creating this EA.
Patience and Discipline, these are the Holy Grail.
  • #1,320
  • Jul 7, 2017 10:29am Jul 7, 2017 10:29am
Quoting marcnathan88
Thanks brokemat for this amazing Renko chart builder. Am just starting out with Renko trading and it's really great to have found this EA. Will be subscribing to this thread in case you have something or have an update. Thanks again for the hardwork in creating this EA.
Hi marcnathan88, thank you.

There is a new thread for RenkoChartSuite https://www.forexfactory.com/showthread.php?t=653664
All updates will be found there.

greetz mat
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