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Re: Range and Renko Indicators

#11
EA Renko Live Charts v4.13

This EA attaches to a chart (1M chart is best) and then builds a new offline chart with Renko boxes.
Screen_Shot_2014-08-23_at_12_05_55_PM__1.png
Screen_Shot_2014-08-23_at_12_05_39_PM__4.png
RenkoLiveCharts_pimped_v4_13.mq4
(19.55 KiB) Downloaded 1148 times
what we want: 1+1+1+1+1+1+1+1+1=9 <3
what market delivers: 1+2+8+7-4+0-5+8-4-5+1=9 :problem:

Failure is success in progress


Re: Range and Renko Indicators

#12
bilbao wrote:
Fri Jun 02, 2017 3:18 pm
EA Renko Live Charts v4.13

This EA attaches to a chart (1M chart is best) and then builds a new offline chart with Renko boxes.
Nice post Mate. Working . Benchmark test going on. :)

Re: Range and Renko Indicators

#13
renko_1.png
1.) Is that renko chart problem ?
2.) Or the behaviour of renko in that way ?
3.) Is that renko safe for trading ?
4.) But many lows & highs or correct ?

Please describe disadvantages of renkocharts
Thankyou........
If you are not willing to take risk the unusual, you will have to settle for the ordinary.
Don't wait for extraordinary opportunities. Seize common occasions and make them great. Weak men wait for opportunities; strong men make them

Re: Range and Renko Indicators

#14
TRADERSM wrote:
Sat Sep 23, 2017 12:07 am

1.) Is that renko chart problem ?
2.) Or the behaviour of renko in that way ?
3.) Is that renko safe for trading ?
4.) But many lows & highs or correct ?

Please describe disadvantages of renkocharts
Thankyou........
Renko or Rangebar charts are safe, but MT4 has a repainting issue and there was never an effort to solve that from MetaQuotes. There are Renko charts with wicks. You seem to have the normal version (the pic is too small) and there the Renko High isn't the Candlechart High, because it draws a new renko when the full range is filled, but live you see it going in that direction and coming back. It looks that your indi, that draws the offline chart didn't draw the chart to the end. Restart your MT4 or put the Renko chart indi on the chart again.

Re: Range and Renko Indicators

#15
Krelian99 wrote:
Sat Sep 23, 2017 12:38 am
TRADERSM wrote:
Sat Sep 23, 2017 12:07 am

1.) Is that renko chart problem ?
2.) Or the behaviour of renko in that way ?
3.) Is that renko safe for trading ?
4.) But many lows & highs or correct ?

Please describe disadvantages of renkocharts
Thankyou........
Renko or Rangebar charts are safe, but MT4 has a repainting issue and there was never an effort to solve that from MetaQuotes. There are Renko charts with wicks. You seem to have the normal version (the pic is too small) and there the Renko High isn't the Candlechart High, because it draws a new renko when the full range is filled, but live you see it going in that direction and coming back. It looks that your indi, that draws the offline chart didn't draw the chart to the end. Restart your MT4 or put the Renko chart indi on the chart again.
Thankyou bro ........
If you are not willing to take risk the unusual, you will have to settle for the ordinary.
Don't wait for extraordinary opportunities. Seize common occasions and make them great. Weak men wait for opportunities; strong men make them


Re: Range and Renko Indicators

#17
FXchaos wrote:
Mon Sep 25, 2017 10:24 pm
only way to solve this repaint/recalculation problem you have to run metatrader with offline renko/rangebar charts on VPS 24h/day :)
"The indicator should be attached to 1-minute charts for best historical candle accuracy." When 24/5 isn't a solution ;)
The reason is because it has only the OHLCV-Data (barwise) of the chart, not the tickwise data that it needed for a nrp performance. M1 has the most bars, so it can't draw so many Renkos back in history as on higher tfs.

Re: Range and Renko Indicators

#18
how to open 2 renko (same script )charts with different values for (eg) GOLD 14/GOLD 33 When i try this i got any one of the value only ..........thankyou
If you are not willing to take risk the unusual, you will have to settle for the ordinary.
Don't wait for extraordinary opportunities. Seize common occasions and make them great. Weak men wait for opportunities; strong men make them

Re: Range and Renko Indicators

#19
how to open 2 renko (same script )charts with different values for (eg) GOLD 14/GOLD 33 When i try this i got any one of the value only ..........thankyou
If you are not willing to take risk the unusual, you will have to settle for the ordinary.
Don't wait for extraordinary opportunities. Seize common occasions and make them great. Weak men wait for opportunities; strong men make them

Re: Range and Renko Indicators

#20
bilbao wrote:
Fri May 26, 2017 5:09 am
Tipu Renko allows to display the Renko bricks on the normal price graph
Hi bilbao -----------> thanks so much for these posts. But as promising as this particular indicator is I find that it is very unstable in application. By this I mean that sometimes it just disappears from the screen completely and may come back on once I refresh but not always. I find its potential fascinating and if it were possible to stabilize the display it would be a most useful indicator regardless of lag. So my question is, is there a way to post a version that does not disappear and that is stable? I have always wanted to use renko but I am not able to go through with the procedures for implementing actual renko bars so this was a super solution except of course that with this instability I am now reporting I am again defeated. Can you do anything to help? Thanks in advance.


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