How to apply a Renko Live Chart for the U.S. stock market - Trading Systems

Meister_Propper 2010.01.07 17:59 #1071

Orinin:
I've been with this system since the 1st renko system until now. After trying lots of setup, I thought, I found the best that works very well for me. All my indis give me confident and no more guessing. I'll just buy and sell according to the indicator.

Again, I trust my system 100%.

Orinin

Orinin, could you post a template and the indis, please? That would be great!

Thank you for your efforts!

Best regards!

kd1810 2010.01.07 18:59 #1072

Hi Mr. Nims

I am new to forex and found your plan very interesting. I downloaded and followed the instructions as explained. However I cannot proceed after step 4.

I feel a bit thick here but when you say 'apply the Renko Live chart' does it mean apply as Expert Advisor? Because my expert advisor does not allow me to add anything. (I use Metatrader4) However I tried adding the template (Charts>templates>Renko_ashi_2) and it looks like it's working. (Gives me pop up buy/sell alerts) I just want to make sure that this works ok?

Thanks again for sharing this with us.

Better Bollinger Bands... SEFC Cycle System Trader ASCTrend system

kd1810 2010.01.07 19:37 #1073

Hi Mr. Nims

I am new to forex and found your plan very interesting. I downloaded and followed the instructions as explained. However I cannot proceed after step 4.

I feel a bit thick here but when you say 'apply the Renko Live chart' does it mean apply as Expert Advisor? Because my expert advisor does not allow me to add anything. (I use Metatrader4) However I tried adding the template (Charts>templates>Renko_ashi_2) and it looks like it's working. (Gives me pop up buy/sell alerts) I just want to make sure that this works ok?

Thanks again for sharing this with us.

Better Bollinger Bands... SEFC Cycle System Trader ASCTrend system

pcguy007 2010.01.07 20:43 #1074

Kd1810, the renkolive chart is an EA you attach it to a pair and timeframe M1.

This is what generates the bars for Renko on your offline chart.

Once you have done that go to open offline :Example EURUSD M2 and then apply the template.

hope this helps.

Low number of bars problem metatrader 4 Elite indicators :)

AlanN 2010.01.07 22:06 #1075

Indicators

I was asked in the chat room, earlier, to post a couple of indicators.

I've never done attachments before so, if I mess it up, you know why. Here goes:-

Files:

didi_index.mq4 3 kb

bb_macd.mq4 5 kb

kd1810 2010.01.08 08:17 #1076

Hi pcguy007

Thanks for that. I had to reinstall Metatrader and it was fine. But now I have a another problem. When I set it up according to step 4, what I get doesn't look like the images shown in Renko Manual (ie.common tab has only 2 options and input tab has 1 for threshold value 30. ) I don't know how to set up the renko box size and at the moment candle sizes are shown as in a normal chart. When I open offline chart and apply template, every time I go to another chart and come back it's all gone and it's not live anymore. What have I done wrong here?

Thanks again

How can I set Sizing problem on screen The 80's a.k.a Fcuk

hutrader 2010.01.08 11:40 #1077

Here the indi from Chemlfy from the chatroom as it has been requested.

macd_colored_v105.mq4

Files:

macd_colored_v105.mq4 16 kb

hutrader 2010.01.08 14:27 #1078

I am also checking something interesting.

Check the renko reversals. would you guys please be so friendly to check on your own chart and see if you recognize these reversal renko's? could stay longer in trade so more $$$. It's just an idea though.

I circled what I mean.