Simple Renko System
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Thread: Simple Renko System

  1. #1
    I would like to show yet another easy system utilizing Renko Chart. I want to thank Steve and Nanningbob Hopwood whose indior I am using here as part of the system before I proceed.

    Individuals who do not know about Renko can google and get more information. Basically Renko is NOT time based chart but uses fixed quantity of pips to create a Bar.

    Let me give step by step instruction how to create the chart I have shown below.

    1. Open I minute chart of any Pair

    2 Click on Tools and open chart Tab and assess all the options. And enter 999999999999999999999 on bars in history and online chart.

    3. Click on Expert advisors and assess all the options and enter OK

    4. Go to chart and try to get maximum amount of Data worth of 1 minute pub by pressing Control and House Key preferably at least 2 months.

    5 Then attach the EA Renko chart v3.2 revealed below.

    6. Then open the properties of this EA and enter 50 for renko Bar size

    7. Click fine.

    8. Open Offline File and click and double click.

    Now you should have a chart with 50 pip Renko bars.

    You input indior Sixths Screen ver 3.9 Dc ( CREDIT ENTIRELY GOES TO STEVE HOPWOOD Who made this Indior)

    Now the chart should appear like the one displayed below.
    https://www.forexsoutheast.asia/fore...-220-99-a.html
    https://www.forexsoutheast.asia/fore...rex-forex.html


  2. #2
    Quote Originally Posted by ;
    Hello Estrader

    This system looks fantasic. Im a bit of a newbie and I am having a bit of trouble installing this will you please post instructions so I can put in this program.
    Quote Originally Posted by ;

    Thank you
    http://www.system-forex.info/2009/09...up-in-mt4.html

    VISIT THIS PLACE. BIG HELP

  3. #3
    ES Trader

    Are you calling your entries on any forum on here?

    Would love to follow your entries in realtime, on my renko chart.

  4. #4
    1
    Guest
    Quote Originally Posted by ;
    ES Trader

    Are you calling your entries on any forum on this?

    Would love to follow your entries in realtime, in my renko chart.
    This is how to earn money

  5. #5
    I will code a Renko trader mark on.

    Trade entrance once the price first enters the golden box, or every time a new candle opens indoors?


  6. #6
    Quote Originally Posted by ;
    I will code a Renko trader mark 1 later on.

    Trade entry when the price first enters the golden box, or when a new candle opens indoors?

    WOH! THANKS VERY MUCH for your deal.
    I favor new candle formation indoors. Might it be feasible to unite NB Trend and SAR from Simon Kaufmann somehow contained in it that you can stay with the trend if if price turns out and goes together with the trend.
    Thanks Very much for your kind offer.

  7. #7
    1
    Guest
    Yiiipejaia phanti Obtained some probs
    -----------------------
    https://www.forexsoutheast.asia/cryp...-high-low.html
    -----------------------

  8. #8
    Bearing in mind that if you use this high number in

    Chart History, Your CPU and RAM going to be under significant

    pressure. I think one should attempt use 20 brick dimensions, otherwise

    you can wait few month prior to taking a vaion. I'd translate

    50 bricks into Monthly TF. (10 bricks behaving about same as 1H TF)

  9. #9
    HI

    Sorry to bother you, Just two quite quick simple question. Do you do you have another setting or stay with the 120 BAR default option in the Sixths screen indior? As soon as we load the Renko EA on the first M1 chart and open the offline chart, can we close the chart or does this must be running at all times.

    Kind regards
    P.s. my apologies for these standard questions and when this was discussed before, I went through the posts and could not find anything relating to this.
    P.P.S.. Since I limited in memory and am using VPS I was wondering when I could created profiles with say 5 or 6 pairs in each profile and then load them. Is this possible? Sorry for bombarding you with questions, nevertheless, I am certain that the information would be handy for others too. Many Thanks

  10. #10
    Quote Originally Posted by ;
    HI

    Sorry to bother you, two quite quick simple question. Do you stick option in the Sixths screen indior with the 120 BAR default or have you got any setting? When we load the Renko EA on the M1 chart and open the M2 offline chart, can we shut the M1 chart or does that must be operating at all times.

    Kind regards
    P.s. my apologies for these standard questions and if this has been discussed before, I went through the posts and could not find anything relating to this.
    P.P.S.. Because I'm using VPS and limited in memory I had been wondering...
    You have to maintain m1 chart.That has the EA to get renko.
    Please read post1 again to get more info

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