Learning Renko. Thanks and
Regards
Regards
3 Bar Fractal with mid-bar and bar on each side 11 replies
RENKO Trading SYSTEM - RENKO Indicators 7 replies
New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies
Range bar/Renko bar chart not working 5 replies
Pin bar, pin bar, pin bar 0 replies
Disliked{quote} I have been trading Renko for over 10 years and I've never seen it repainting. The problem traders encounter is that if you close your MT4 at night and re-open it the next day there could be many Renko bricks missing depending on the Renko generator that you are using. This problem can easily be solved by refreshing the source chart. Since the Renko generator I use is an indicator all I have to do is to open the indicator, click edit then close it and all the missing Renko bricks will be shown correctly on the Renko chart.Ignored
Disliked{quote} Just randomly tweaking and checking to see levels of repainting. Mind you I'm using the Ovo generator but that itself still repaints. Check out these 2 screenshots and be amazed at repainting. {image} {image}Ignored
Disliked{quote} Not amazed at all many indicators repaint and there is nothing wrong with that unless the trader doesn't know how to deal with repainting issues. Renko bricks normally don't repaint unless they are in the process of being formed. I never used the Ovo generator but it looks like there is something wrong with it. I can only suggest that you send the two charts to the company and ask them what went wrong because this is totally abnormal.Ignored
Disliked{quote} So how does one deal with repainting Indies,when you have been triggered to go long and enter a long position only for the indicator to turn back several bars later when the market is bearish to erase the long signal and plot a short signal? How does that aid back testing and system development?Ignored
DislikedThis is the first renko bar generator in an ea version known as evolution renko it is a non repainting ea and it can generate four different forms of renko bars. Enjoy. {file}Ignored
Disliked{quote} please i downloaded and tried to install this EA it keeps repeating alert ............found gap, please do you have any udated version as this dont seem to work anylongerIgnored
Disliked{quote} but please which of the Renko charts would you recommend with your years of experience?Ignored
Disliked{quote} If you trade low ATR pairs you might try a geometric Renko chart shifted 10% because you can trade without any other indicator and low ATR pairs means low risks. You can also trade with high ATR pairs or CFDs but it's more dangerous. Actually I think that median Renko is best because indicators work better than with normal Renko. It's all a matter of appreciation and preferences.Ignored
Disliked{quote} If you trade low ATR pairs you might try a geometric Renko chart shifted 10% because you can trade without any other indicator and low ATR pairs means low risks. You can also trade with high ATR pairs or CFDs but it's more dangerous. Actually I think that median Renko is best because indicators work better than with normal Renko. It's all a matter of appreciation and preferences.Ignored
Disliked{quote} Please am new on using Renko charts and i like it because i can remove noise from normal charts i know there are 2 Renko Chart how can i set it to median when its not written as an option? please i always appreciate your adviseIgnored
Disliked{quote} Using the ! MTH Renko Chart Builder Indi Ver 01.ex4 indicator you have to set the BoxShiftPercent1 to 50 to get a median Renko chart and 100 to get a normal Renko chart.Ignored
Disliked{quote} Using the ! MTH Renko Chart Builder Indi Ver 01.ex4 indicator you have to set the BoxShiftPercent1 to 50 to get a median Renko chart and 100 to get a normal Renko chart.Ignored
Disliked{quote} Hi Hutch, do you know a version which doesn't need a lot of CPU? I've lowered the bars in the indi and also in MT4 itself but CPU is very high. Do you have an idea how to solve the problem? Thank youIgnored
Disliked{quote} Hi Hutch, do you know a version which doesn't need a lot of CPU? I've lowered the bars in the indi and also in MT4 itself but CPU is very high. Do you have an idea how to solve the problem? Thank youIgnored