i dont think these are not renko or range bars. i think its hama with daily candles hidden and a white moving average. and they look good only because the candles are hidden.with candles the moving average cross would be uselessRplusT wrote: Sat Mar 11, 2023 11:20 pm Renko or range bars do not repaint. And the line I guess is an MA.
Re: Something interesting please post here (Metatrader)
2692RplusT wrote: Sat Mar 11, 2023 10:54 pm I'm, wondering, will someone be able to "reconstruct" this chart. Currently not in the position to play with it. I would really like to know whether it would work that well as displayed.
I know for sure those "bars" come from an indicator used by PumbaPls in one of his last free systems before he went fully commercial on his website. Go through his history and you'll be able to find it.
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Re: Something interesting please post here (Metatrader)
2693Well, it appears to me it is something like this. Made a Renko chart overlay with an MA 1 or 2. Using 2 here.TransparentTrader wrote: Sun Mar 12, 2023 1:45 am I know for sure those "bars" come from an indicator used by PumbaPls in one of his last free systems before he went fully commercial on his website. Go through his history and you'll be able to find it.
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Re: Something interesting please post here (Metatrader)
2694RplusT wrote: Sun Mar 12, 2023 11:11 am Well, it appears to me it is something like this. Made a Renko chart overlay with an MA 1 or 2. Using 2 here.
Looks nice. What indicator did you use to get the Renko overlay?
Also, I managed to find the old system from PumbaPls that uses the indicator you're looking for: viewtopic.php?p=1295492046#p1295492046
If you look at the candles carefully, they change in shape depending on price volatility (i.e. price moving more in a shorter period of time means a larger candle, whereas areas of narrow consolidation will lead to a horizontal line being drawn).
Let me know if this helps!
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Re: Something interesting please post here (Metatrader)
2695TransparentTrader wrote: Sun Mar 12, 2023 12:53 pm Looks nice. What indicator did you use to get the Renko overlay?
Also, I managed to find the old system from PumbaPls that uses the indicator you're looking for: viewtopic.php?p=1295492046#p1295492046
If you look at the candles carefully, they change in shape depending on price volatility (i.e. price moving more in a shorter period of time means a larger candle, whereas areas of narrow consolidation will lead to a horizontal line being drawn).
Let me know if this helps!
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Re: Something interesting please post here (Metatrader)
2696
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"Only the price on the chart can show the entrance to the deal..."
Re: Something interesting please post here (Metatrader)
2697.
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Re: Something interesting please post here (Metatrader)
2698.
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Re: Something interesting please post here (Metatrader)
2699some one can add fin levels at HIGH LOW TREND INDICATOR!!! same as shown in snap!!
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: Something interesting please post here (Metatrader)
2700Try.sal wrote: Mon Mar 13, 2023 10:48 pm some one can add fin levels at HIGH LOW TREND INDICATOR!!! same as shown in snap!!
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