Range Bar Chart on MT4 - page 37

[powersexymix]

share plz

shoplogix:
home, home on the range.......

I would use this tpl and indicators.

Could you kindly share.

Much appreciated.

[powersexymix]

range bar chart share

The_Snowman:
YouTube is my school of choice, that and Google for SEARCH, learn new stuff...

https://www.forex-tsd.com/go?link=www.the-forex-strategy.com

Forex Range Bar Charts - X9 Setup - barforex.com - YouTube

Hi,

Could you share this?

Much appreciated.

[hermes]

Has somebody the Mean Renko Bar and Logibars Custom Bars indicators? They are made for Ninja trade station. Is it difficult to change it for MT4 platform? Terribly good indicators!

Cheers Hermes

[vikant]

Renko ea

hi, does anybody know, for which platform this ea was written?

and if not for mt4 if it is easy to adapt? thx a lot

{Renko-Adaptive indicator (based on

ATR)

Written by konkop 07.03.2002.

*********************

Attention: set

MaxBarsBack (f.e. =30) in this study according with

MaxBarsBack value in the

Renko_Adaptive strategy

for correct step-by-step calculations of the

buy/sell levels

*********************}

Inputs: K(1),

Smooth(10);

vars:Brick(0) ,DN(0), UP(0), BricksUp(0),

BricksDn(0);

Value1 = AvgTrueRange(Smooth);

If BarNumber = 1 Then

Begin

Up = H;

Dn = L;

Brick = K*(H - L);

End;

If BarNumber > 1

then begin

If C > UP + Brick Then begin

BricksUp = IFF(Brick = 0, 0,

Floor((C - Up)/Brick)*Brick);

UP = Up + BricksUp;

Brick = K*Value1;

DN

= Up - Brick;

BricksDn = 0;

End;

If C < Dn - Brick Then

begin

BricksDn = IFF(Brick = 0, 0, Floor((Dn - C)/Brick)*Brick);

Dn = Dn -

BricksDn;

Brick = K*Value1;

Up = Dn + Brick;

BricksUp =

0;

End;

End;

Plot1(UP, "Up");

Plot2(DN,

"Dn");

{***************end of code****************}

Сигнал:

{Renko-Adaptive signal (based on ATR)

Written by

konkop 07.03.2002.

*********************

Attention: set MaxBarsBack (f.e.

=30) in this study according with

MaxBarsBack value in the Renko_Adaptive

indicator

for correct step-by-step calculations of the buy/sell

levels

*********************}

Inputs: K(1),

Smooth(10),

Short(false);

vars: Brick(0) ,DN(0), UP(0),

BricksUp(0), BricksDn(0);

Value1 = AvgTrueRange(Smooth);

If

BarNumber = 1 Then Begin

Up = H;

Dn = L;

Brick =

K*(H-L);

End;

If BarNumber > 1 then begin

If C > UP + Brick

Then begin

BricksUp = IFF(Brick = 0, 0, Floor((C - Up)/Brick)*Brick);

UP =

Up + BricksUp;

Brick = K*Value1;

DN = Up - Brick;

BricksDn =

0;

End;

If C < Dn - Brick Then begin

BricksDn = IFF(Brick = 0, 0,

Floor((Dn - C)/Brick)*Brick);

Dn = Dn - BricksDn;

Brick = K*Value1;

Up

= Dn + Brick;

BricksUp = 0;

End;

{Trade Rules with or without short

trades}

If Short = false then begin

If Up > Up[1] then buy at C;

If

Dn < Dn[1] then exitlong at C;

End;

If Short = true then begin

If Up

> Up[1] then buy at C;

If Dn < Dn[1] then sell at C; face=Verdana color=#008040 size=2>{If C < Dn[1] then exitlong;

If C >

Up[1] then exitshort;} size=2>

End;

End;

{****************end of

code***************}

[BigJoe]

OH MY GOD !

An adaptative renko chart !!!!!!!!

We need one for mt4, we need absolutely.

Is our guru listening

[Mladen Rakic]

...

It is not the chart itself

It is an indicator. It is written in EasyLanguage and when applied to regular charts it looks like this :

Found some examples and comparisons when it is applied to regular charts (up) and renko chart (down)

PS: it seems that the second (the "signal" one) has some errors (probably happened on copy paste).

Big Joe:
OH MY GOD !

An adaptative renko chart !!!!!!!!

We need one for mt4, we need absolutely.

Is our guru listening

[Mladen Rakic]

Renko adaptive indicator ...

This would be that "Renko adaptive indicator" converted to metatrader.

Made 2 versions : the separate window and the "on chart" version. Iy is giving the same results as tradestation version so now it is up to testing and trying it out (I did not test it on renko chart itself)

[NMSS_2]

Does anyone have any idea on what strategy to use with renko or range bar? It by itself doesnt seem to be helping in pips making.

[Ovo]

I have been using the range bars for scalping, I started with the strategy which is described in YTC books from Lance Beggs. It's been working fine for me, so far.

Another Range Bar indicator worth trying is here: rangebar_e.ex4

[Max Pena]

can you share the indicator

The_Snowman:
Hey NIX, still subscribed to this thread? What is the latest version of your indicator? I just fired mine up, after not using for some time, still works on real account, Ver. 2.03c - should work on demo accounts also?

And has anyone figured out the "best" way to calculate a sensible range for each currency, given each has a different ADR or ATR? Here I am using 14, the EA manage the trade at target, so looks like it goes further, no problem, also same trade on GBP=JPY

Thanks

please can you share the indicator at the bottom of your chart?