Anyone have any idea? I am stumped on this. Forget about the Gann line - imagine its a regular trendline. How do I know when the price crossed it?

MQL4: Price cross Gann grid?

Here is the Gann indicator I made by the way.

MQL4: Price cross Gann grid?

I almost forgot to say, the indicator allows you to use a max of 7 different currencies to produce the averaged candles. if you want to use less than 7 currencies, delete the ones that are in there from the bottom - up.

MultiCurrency Candles

Very interesting...that sheds a lot of light on it.

DJI (Dow Jones) positively correlated with EURUSD?

By the way this can be generalized to any S&R level, not just Fibonacci. I have never seen a successful EA implementation of S&R....why??

Fibonacci as an EA filter?

I am attempting to learn the Java/JForex language while making a Renko EA. Once it is complete I will post it here.

Renko Block Charts

That is very interesting about java/dukascopy. I think that technically it IS possible to backtest with 100% accuracy in MT4, but perhaps its not worth the effort. Technically though, you could write an EA to read a .csv file containing Dukascopy ...

Renko Block Charts

So far the results are too good to be true. Of course I'll continue testing. Unfortunately I was unable to figure out a way to get the variable spread in my tick data accurately represented in the generated renko bar data. .hst files do not seem to ...

Renko Block Charts

Forward testing is of course the most important thing, but I like to have a bullet-proof backtest as well. I actually figured out how to backtest Renko on tick data. Here's how to do it in case anyone else is interested: 1. Get your tick data into ...

Renko Block Charts

I've looked through this thread and other places but I could not find any information on the following: I want to backtest REAL (tick-derived) Renko. Not pseudo-renko derived from M1 data. I have dukascopy tick data, but the best I can do is convert ...

Renko Block Charts

What is the best way to backtest and optimize on an offline renko chart?

Renko Block Charts

When multiple currencies are hitting their S/R at the same time.

Recent Strength indicator

Thanks for that detailed example. It is a great indy that can clearly have a vast amount of applications. Take a look at this example. It uses NumPoints = 100 and BasePoint = 20 : image If I understand correctly, the lines are plotted relative to ...

Recent Strength indicator

Works great on Renko — Has anyone tried using this indicator on Renko charts? The result is quite impressive (at least visually). image Renko Charts

Recent SR indicator