Nice observation. Not being a programmer I personally would not know what to keep and what to throw. Know of any MBF (MTF) indicators that would work with Renko. Might be helpful in filtering out periods of whipsaw maybe.

Trading Renko

trade the colour change on the ma — So far the max loosing sequence 7 ( wipsaw ) No trade on yellow. I trade 20 pip blocks. SL 40 pip. TS 60. Exit on colour change. Simple. Increase lots traded by 1 for every 2 loosing trades. .04 -> .05 etc.

Trading Renko

45FX — I use RLC 3.2 modified to run as an indicator and run 5, 10, 20 block charts off the same 1M online chart for every pair that I trade. Makes for a crowded screen. But that is my way. I trade more than one pair at the same time.

Renko Block Charts

45FX — I have posted my setup and explanations here on a number of occassions. It is a very simple ( uncomplicated ) set up. Just 2 indicators. Works for me

Trading Renko

Thanks for the cost breakdown info. Have you used oksana17 ? There seems to be some negative comments posted on him. Maybe people expecting too much of him. But what bothers me is questions of his integrity. Thanks again and hear from you.

Trading Renko

45FX — I think I might try my local community collage to find a CS student proficiant in C or C++ to work on the project. They will be cheaper and might be more willing to work on a challanging project. In all this time that this thread has ...

Trading Renko

45FX — Rather than let this interesting thread die I thought of mentioning it hear. I saw that it was a long time since the last posting and feaed it's demise. I trade the same concept manually but miss many a good trade The EA is XPma EA and ...

Trading Renko

EA — I have an EA that I attached to a chart to see how well it works. It ended up doing a variety of things that it should not be doing ie. SL greater that buying price etc. etc. The original concept is good but the programmer never tested it ...

Trading Renko

Scalping ?? — I am trying to understand the ongoing facination with scalping. Scalping for a few pips when there are cost involved. More so especially with renko that catches long trends. So the question then is do you trade to add excitement ...

Trading Renko

Have a question for viewers of this thread — Does anyone know if any brokers provide data i.e. futures, comodities, etf etc. for the MT 4 platform or is it limited to just forex data. Thanks and appreciate all replies.

Trading Renko

Lou G. and LV — Attached are two documents. An interesting idea. Would appreciate your views on it's fesability in MT 4 renko. Though I realise that forex vol. is not accurate it is still propotional and the visual date displayed could be ...

Renko Block Charts

Which version are you using. The latest EA is V 3.2. Also attach a screen shot of the problem when it occurs. Both when it is happening and after you reattach the EA so one can see the differance.

Renko Block Charts

Do you use renko with or without tails ? And yes time indis are written for time bars and update by bar. Therefore some will work many won't depending upon input requirements.

Trading Renko

Could it be that most indicators are not written with renko bricks in mind ? Renko bricks without tails only provide high/low or open /close information. Witn tails on the range is available. When using a existing indicator you need to know what ...

Trading Renko

45FX — And the advantage ??

Renko Block Charts

Thank you for sharing your trading strategy. A good trading strategy is one where ultimately the trader is comfortable with. If someone just copied your strategy and followed it blindly even if they are not comfortable with it is a bad strategy for ...

Trading Renko

I read you mentioning this ATR concept before. I don't quite follow what you mean. Is this a modification of the renko bar calculation and program that you seek ? How does the time frames fit into the picture.ie. 5M, 1hr. etc. Do please break it ...

Trading Renko

Trading the waves — I have posted a chart. The very last window displays a multi time frame history indicator. This particular one is based on trix and not of great use trading renko. But it displays the concept. A much more useful one would ...

Trading Renko

45FX — Are you saying that multi charts can be attached to 1M online chart with the use of renko scripts. I have not tried scripts. Thanks. P.S. Have you managed to snag a programmer

Renko Block Charts

Lou, Maybe not predict but give a high probablity of PA. Since I trade 20 block charts my main trading concern is avoiding sideways markets. This week I will be trying out a tool that was written for a different system. On manual backing it seems to ...

Renko Block Charts