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Custom Candles & Custom Time Frame Indicators (Renko)

#1
In this thread custom candles,custom time frame indicators including offline chart,period converter,range bar,renko bar,renko mean/median,renko live chart like wise indicator stuff will be posted.
So first this one "RenkoMeanLiveChart_v1.0 new format"
AUDUSDM7-2.png
2.png
RenkoMeanLiveChart_v1.0 new format.mq4
(18.28 KiB) Downloaded 609 times
RenkoMeanLiveChart_v1.0 new format.ex4
(21.27 KiB) Downloaded 346 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


Re: Custom Candles and Time Frame Indicators (Renko)

#2
mntiwana wrote:
Mon Apr 24, 2017 6:26 am
In this thread custom candles,custom time frame indicators including offline chart,period converter,range bar,renko bar,renko mean/median,renko live chart like wise indicator stuff will be posted.
So first this one "RenkoMeanLiveChart_v1.0 new format"

AUDUSDM7-2.png
2.png
Thanks Mntiwana., I really appreciate this... will check it out with BBstops indicator.

Re: Custom Candles and Time Frame Indicators (Renko)

#3
RenkoMeanLiveChart_v1.0 new format
MLADEN : Renko mean made to work with new history file formats,it is an indicator now,so you can attach more than one instance to the same chart and produce multiple renko offline charts with out a need to open multiple main charts (as in lower pictures examples)
Notice : may be some users dont know the behavior of offline charts,they work well till continuous on live chart but once break/stopped due to any reason results as repaint.
10.png
11.png
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

Re: Custom Candles & Custom Time Frame Indicators (Renko)

#5
fundamental wrote:
Tue May 30, 2017 10:57 pm
It's not working on LIVe Chart ....Is Renko only works on Offline charts? Please advice..should I use it as Indicator or EA? I tried to use as indicator...not working.
Renko is an offline chart
Open the corresponding offline chart pseudo time frame


Re: Custom Candles & Custom Time Frame Indicators (Renko)

#6
period converter

Okay, now you just have to drag and drop the indicator onto an appropriate chart. How this thing works is that it takes a multiple of the root chart and creates an 'offline' chart of the new time period. For instance. if you applied the period converter to a 5 min chart and you set the multiplier variable for "4" then it would automatically make a 20 min offline chart.
you could load the period converter onto a 1 min chart with the multiplier set at '20', then a different one set at '40', '180', and '360'. You will create a 20 min, a 40 min, a 3hr, and a 6 hr - if you were so inclined. Keep the original 1 min open and the others will be fine. If you switch the 1 min to a 5 min the others will stop updating until you bring the original back to 1 min.

One last thing (hopefully), this indicator needs you to have .dll imports enabled - so you'll have to do that. Go to "Tools" -> "Options" -> "Expert Advisors" -> and check the 'allow dll import' box
Your new file will be in the offline charts section. Go to "File" -> Open offline.
Your new chart is in this section but you have to look for it and select it. It is all alphabetically listed.
Period_Converter_Opt_fixed.zip
(7.35 KiB) Downloaded 188 times
001-e1489659923437.jpg
2017-05-31_213753.jpg
Mark Boucher: 70% of a market's moves occurs 20% of the time

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Re: Custom Candles & Custom Time Frame Indicators (Renko)

#10
mntiwana wrote:
Mon Apr 24, 2017 6:26 am
In this thread custom candles,custom time frame indicators including offline chart,period converter,range bar,renko bar,renko mean/median,renko live chart like wise indicator stuff will be posted.
So first this one "RenkoMeanLiveChart_v1.0 new format"

AUDUSDM7-2.png
2.png
Do you have the ex.4 file of this indicator?



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