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RENKO-SignalAM

This is a discussion on RENKO-SignalAM within the General Discussion forums, part of the Trading Forum category; Hi there I watched the indicator on backtester and it repainted... once the blue dot appeared then after 6 bars ...

          
   
  1. #11
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    Hi there I watched the indicator on backtester and it repainted... once the blue dot appeared then after 6 bars it disapeared.
    Last edited by monstar; 04-24-2015 at 06:28 AM.

  2. #12
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    Thanks Monstar for checking.

    But, I just now capture on M1 (live & not back testing) , dots were remained there and not changed.

    Igor, Need our assistance please...!!

    Quote Originally Posted by monstar View Post
    Hi there I watched the indicator on backtester and it repainted... once the blue dot appeared then after 6 bars it disapeared.
    Attached Thumbnails Attached Thumbnails RENKO-SignalAM-gj1.png  

  3. #13
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    Hi ND/Igor,

    Request your help in this. Please...

  4. #14
    Administrator newdigital's Avatar
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    Quote Originally Posted by jagadish123 View Post
    Hi ND/Igor,

    Request your help in this. Please...
    I spoke with Igorad yesterday and as I know - he is coding (no idea which request for now but there are many requests to be coded).
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  5. #15
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    Quote Originally Posted by jagadish123 View Post
    Hi ND/Igor,

    Need help please...I tested this, but need your assistance or confirming is this non-repaint. Please advice.

    Thanks
    Hi jagadish123,

    Unfortunately I should inform this indicator repaints.

    Regards,
    Igor
    Attached Files Attached Files
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  6. #16
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    Thanks Igor.

    Is this fixed (Repaint) for Renko with you attached one?

    Regards,
    Jag
    Last edited by jagadish123; 04-27-2015 at 07:28 AM.

  7. #17
    Developer igorad's Avatar
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    Quote Originally Posted by jagadish123 View Post
    Thanks Igor.

    Is this fixed (Repaint) for Renko with you attached one?

    Regards,
    Jag
    It's just adopted version for the new MT4.

    Regards,
    Igor

  8. #18
    Administrator newdigital's Avatar
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    Yes, this is good indicator but it is re-painted sorry:

    RENKO-SignalAM-gbpusd-d1-alpari-limited.png




    Just found simple EA here - Renko_Scalper EA. This EA is using very simpole strategy:

    Code:
    double Buy1_1 = iClose(NULL, 0, Current + 0);
    double Buy1_2 = iClose(NULL, 0, Current + 1);
    
    double Sell1_1 = iClose(NULL, 0, Current + 0);
    double Sell1_2 = iClose(NULL, 0, Current + 1);
    Code:
    if (Buy1_1 > Buy1_2) Order = SIGNAL_BUY;
    
    if (Sell1_1 < Sell1_2) Order = SIGNAL_SELL;
    It means the following:
    if the price on close bar (close price for bar) is more than the close price for the previous bar = buy, opposite for sell.

    It may be a good strategy if we can improve it for example.
    Attached Files Attached Files
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  9. #19
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    How to Use Renko Bricks and Moving Averages to Find Trades

    Renko_v1 - indicator for MetaTrader 5

    How to Use Renko Bricks and Moving Averages to Find Trades

    • Renko bars help filter the noise
    • Renko bars reveal clearer entries and exits
    • Moving Averages can be used with Renko bars with some minor setting changes to pinpoint entries

    Seeing the trend without Forex market noise is the goal of every trader. Too many times, traders get head-faked by the twists and turns of price action.

    In addition moving averages can be used to signal entries and exits as well. A couple of settings have to be changed in order to get the moving averages which are usually tied to time, to work with a chart system that is based on price.

    To add a 13-period exponential moving average to the Renko chart, choose EMA from the Add Indicator menu then change “Number of periods” to 13.

    RENKO-SignalAM-renkomt5.png


    Notice the chart above which displays both Renko bars and a 13-period exponential moving average. A simple system can be built around the Renko bars and the moving average. When Renko price bars cross below the moving average and turns red, traders can enter short and stay with the trend until the Renko bars cross back above the moving average.

    An initial stop could be placed just above the last blue Renko brick. Keep in mind that in the above example, each brick is equal to five pips. In the above example, the red circles mark where the Renko bars crossed below the moving average. A trader can see that a number of pips could have been gathered as the bars stayed below the moving average.

    On the other hand, when the Renko bars change color and cross above the moving average, traders can enter long placing stop just below the last red Renko brick. The above chart shows in the green circles, points were the Renko price bars moved above the moving average generating a clear buy signal.

    Renko charts, without the dimension of time, may take a little getting a little used to. But once you get the hang of them, you may find it difficult to go back to the candles. Adding a moving average gives excellent signals for entry and exit. Marrying them up with other indicators can magnify the benefits of trading without noise and scary wicks!

    Renko
    - RenkoLiveChart_v1 600+ is here. This version works with Metatrader 4 build 600 and above.
    - Renko-SignalAM 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.
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  10. #20
    Administrator newdigital's Avatar
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    All about Pivots indicator & Variant


    AllPivots
    - AllPivots_v3 indicator is on this post.
    - AllPivots_v3.1 indicator is here. This is updated version of AllPivots with ability to plot Woodie's Pivots (PivotMode = 5 and BasePrice = 7).
    - AllPivots_v3.2 indicator is on this post.
    - AllPivots_v3.3 indicator is on this post.
    - AllPivots_v3.4 indicator is on this post.
    - AllPivots_v3.5 indicator is on this post. This is the version improved by new parameter - DescriptionPlace
    - How to use this indicator by settings - read this post.
    - AllPivots_v3.6 indicator is on this post. Two new parameters to the new version for sessiona start/end for stock market.
    - AllPivots_v3.7 indicator is on this post. In this version - we can with plot Yearly Pivots
    - SDK-Pivots-v1.3 indicator is on this post.
    - SDK-Pivots-nmc indicator is on this post. This version works with Metatrader 4 build 600 and above.
    - Camarilla AlertwFibs indicator is on this post
    - AllPivots_v3.8 indicator is on this post. This version works with Metatrader 4 build 600 and above.
    - AllPivots_v3.9 600+ indicator with 'no Sunday bar' is on this post. This version works with Metatrader 4 build 600 and above.
    - AllPivots_v4.0 600+ indicator is on this post. This is updated AllPivots indicator with the auto refresh ability. This version works with Metatrader 4 build 600 and above.
    - AllPivots_v4.1 600+ indicator is on this post. This is updated AllPivots indicator with ability to plot the D.O.T.S. Levels by D.Malone. This version works with Metatrader 4 build 600 and above.
    Template to build the so-called Jackson Zones is here.
    - AllPivots_v4.2 600+ indicator is on this post. This is the latest/fixed AllPivots indicator This version works with Metatrader 4 build 600 and above.
    - AllPivots_v4.5 600+ indicator is on this post. This is the fixed and updated AllPivots indicator which now can be used in EAs and other indicators (eg. dashboards). The proposed template/setting for this indicator is on this post (premium section link) This version works with Metatrader 4 build 600 and above.
    - AllPivots_v4.6 600+ indicator is on this post. This is the fixed AllPivots_v4.5 600+ version made upon the request. This version works with Metatrader 4 build 600 and above.
    - AllPivots_v4.7 600+ indicator is on this post. This is the updated indicator in which you can disable values of all levels(DescriptionPlace=off). This version works with Metatrader 4 build 600 and above.
    - AllPivots_v4.8 600+ indicator is on this post. Please check out the updated AllPivots indicator which allows to see correctly the large timeframes(W1, MN1 and YR1). Also you can find the template which allows to see the Floor, Camarilla and Woodie's Pivots on the same chart. This version works with Metatrader 4 build 600 and above.
    - AllPivots_v5.0 600+ indicator is on this post. It's important update the Floor Pivots formula was fixed and improved. So now we can enter any sequences of the pivots (eg. PivotValues = "0;1;2;3;4;5;6" instead of "0;1;2;3;4" for previous versions). This version works with Metatrader 4 build 600 and above.
    - AllPivots_v5.2 600+ indicator is on this post. This is the fixed and updated AllPivots indicator. This version works with Metatrader 4 build 600 and above.

    AllPivots_v4.9 indicator for Metatrader 5 is on this post. This is the famous AllPivots indicator coded for for Metatrader 5.
    AllPivots_v5.0 indicator for Metatrader 5 is on this post. This is the famous AllPivots indicator coded for for Metatrader 5. It's important update the Floor Pivots formula was fixed and improved. So now we can enter any sequences of the pivots (eg. PivotValues = "0;1;2;3;4;5;6" instead of "0;1;2;3;4" for previous versions).
    AllPivots_v5_1 indicator for Metatrader 5 is on this post. This is the updated AllPivots indicator for MT5 which can be used in EAs.
    AllPivots_v5_2 indicator for Metatrader 5 is on this post. This is the fixed and updated AllPivots indicator for MT5.

    All about Pivots & Variant is this one
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