MTH Renko Builder Indicator

[MTH2014]

gfapips wrote:

Kiads – I am a “lurker” who has followed your education and abilities though the unfortunate events at ff. It took me a bit of time this weekend to finally hunt you down here! I am adding some forex trading to my successful study of options and have really enjoyed your education and approach to renko charts. Thank you for that. I followed your insturctions to Heine Andersen (above) and they worked perfectly! However, I cannot find a version of the SSA CycDev indicator that works with version 765. Is there any chance you can post that to this forum? If you have already done that, I could not find it! thank you again in advance!

Hi Brother,  Thank You for your post and forgive me for late reply..

You Could download ‘her’   Here :  MTH b765 SSA CycDiv Indicator

Hopefully ‘she’ will work correctly.. and You could understand ‘her’ characteristic..

Best Regards

MTH

 

Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/

[gfapips]

Kiads – thank you very much for the prompt reply.  The link did not seem to work.  While it takes me to the mega.co.nz site, I get pretty much a blank page with no links or text.  Sorry to be a pain and thank you for your time.

[hannele]

Dear gfapips,

You can download it from mega site (it takes a while to load, so you might have to wait a bit).

cheers

hannele

[gfapips]

Thank you Hannele!  Patience was rewarded.  However, the problem was not time it was the version of the browser I am using (IE 10).  Went to another computer and used Chrome with no problem.  thanks again for the “tip”.  Also, thank you Kiads for your generosity.

[MTH2014]

gfapips wrote:

Kiads – thank you very much for the prompt reply. The link did not seem to work. While it takes me to the mega.co.nz site, I get pretty much a blank page with no links or text. Sorry to be a pain and thank you for your time.

hannele wrote:

Dear gfapips, You can download it from mega site (it takes a while to load, so you might have to wait a bit). cheers hannele

gfapips wrote:

Thank you Hannele! Patience was rewarded. However, the problem was not time it was the version of the browser I am using (IE 10). Went to another computer and used Chrome with no problem. thanks again for the “tip”. Also, thank you Kiads for your generosity.

Thank You Sister Hannele and Brother Gfapips,  I try to put my shared Tool files in external hosting, to help solved download problem at this forum…

Hope it help and best regards

MTH

 

Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/

[forexrichman]

Hi brother. sorry for late reply. As I said before I do use TF daily for my experiment. Reason being it cuts out most of the noise when using renko. I also use 15 pip bars. The price movement which shows on the main chart is immediately reflected on the Renko chart. You can watch it and there is no difference (Lag) at all. I do hope my experiment is going to succeed as you can trade the trend very well with my method. regards,

[Alpha24]

Hi Kiads,

I was hunting for a good system from last 4-5 yrs which will suit with my trading style. I am studying your Renko and other indicators. Now a good promising system is in my hand with minor changes. I have done paper trading from last 1 year with renko charts  and now decided to jump in real trading from next week. I am sure that with the help of your research I will get success.  Here is my chart screenshot

• This reply was modified 11 years, 1 month ago by Alpha24.

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[MTH2014]

Alpha24 wrote:

Hi Kiads, I was hunting for a good system from last 4-5 yrs which will suit with my trading style. I am studying your Renko and other indicators. Now a good promising system is in my hand with minor changes. I have done paper trading from last 1 year with renko charts and now decided to jump in real trading from next week. I am sure that with the help of your research I will get success. Here is my chart screenshot

Congratulation Brother,

Feel free to post here if you need anything related to this renko tool, and I’ll try to answer as far as I can..

Best Regards

MTH

 

Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/

[Alpha24]

Brother Kiads, Thank you for your help, Here I want to mention that during my study I found nothing in system but all is in mindset.If I can correct my mindset then it is easy to choose trading system according to style and tendency. I am not advertising but its my duty to tell our brothers on this forum that Dr.Van Tharp’s literature is good to understand our trading behavior.I haven’t subscribed for his tuition but even his website helps better to change our views about market. I found your trading system which is helping to my trading nature. I spend 1 year to choose trading system and paper traded so it is giving me full confidence. I think there may be similarity of views about any market in both of us. Henceforth I will post my treding experience.

Thank you brother

 

[MTH2014]

Alpha24 wrote:

Brother Kiads, Thank you for your help, Here I want to mention that during my study I found nothing in system but all is in mindset.If I can correct my mindset then it is easy to choose trading system according to style and tendency. I am not advertising but its my duty to tell our brothers on this forum that Dr.Van Tharp’s literature is good to understand our trading behavior.I haven’t subscribed for his tuition but even his website helps better to change our views about market. I found your trading system which is helping to my trading nature. I spend 1 year to choose trading system and paper traded so it is giving me full confidence. I think there may be similarity of views about any market in both of us. Henceforth I will post my treding experience. Thank you brother

Sure Brother,  I also read Dr.Van Tharp articles and his psychological point of view is 100% correct.. , as I explained for so many times that financial trading business including spot fx is the most ‘simple and easy’ business in the world base on ‘how it done’.  The most easiest basic principle ‘if they going up you go long/buy and if they going down you go short/sell’ is universal.  Now, here we come the problem,  the ‘where’ and ‘when’  it happen also ‘how’ and ‘why’ it happen and the most important thing  ‘What should I do’ if that happen.  So, basically what we should learn in all this years is to answered that questions.

‘Where’ and ‘When’  mostly related to technical analysis skill, while ‘How’ and ‘Why’  mostly related to fundamental analysis skill.

And, the fifth element ‘What should I do’  is the most challenging skill and time consuming to practice because related to your own specific psychological mindset.

So, once again ‘technical tools’ is additional option,  you could trade with anything you have even without any charting at all, and still could get consistent profit in your trading journey.  We create or learn to use technical tools / indicators , etc and learn about any world micro and macro economics, to represent visually what we ‘see’ in our mind,  don’t reverse it.

The last ‘key point’,  you should ‘happy’ and ‘love’ with what you do.. never ‘hate’ market or more worst ‘hate’ yourself when we are in the ‘wrong side’ moment, since it always ‘temporary’ moment..

Happy Trading Brother,  and enjoy your journey..

Best Regards

MTH

 

Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/

[simo5583]

Hi Everyone,
I’m new here and I’m not english… sorry if my english is not perfect, limitated and if I make mistakes!…..
I’ve downloaded the indicator CycDiv Indicator (THANKS A LOT Kiads!!!!)…But I’ve some questions:
1) Wich is the best setup?? Or I can use the standard setup?? (Actually I don’t understand all the parameters, so I don’t know how to change them   )
2) How to use it in an optimal manner? Which are the signals??

Thanks!!!!

Best Regards

Simone

[MTH2014]

simo5583 wrote:

Hi Everyone, I’m new here and I’m not english… sorry if my english is not perfect, limitated and if I make mistakes!….. I’ve downloaded the indicator CycDiv Indicator (THANKS A LOT Kiads!!!!)…But I’ve some questions: 1) Wich is the best setup?? Or I can use the standard setup?? (Actually I don’t understand all the parameters, so I don’t know how to change them ) 2) How to use it in an optimal manner? Which are the signals?? Thanks!!!! Best Regards Simone

Hi Brother,  Yes you could use CycDiv Indicator with ‘her’ default setting.  You could use default setting with your renko chart or with standard candlestick chart.

The point is, you understand on how to use / read normalizing repaint indicator.

This is not an arrow signal indicator, but cycle and divergence indicator, to read and measure the supply demand bias, and the swing movement.  This will help you to understand when and where the cycle change, and not when exactly you should put your entry or exit, but  when and where the area that may give you high probability of success.

You may look at this bellow example picture that I use the default setting on GBPUSD H1 candlestick chart. (sorry if file name wrongly named with EURUSD..lol).

At this example, you could see I mark ‘where’ the high probability of Long or Short entry area that will give you better success rate, and also you could easily recognize ‘when’ you should exit…too.

You may use TF combination, by using Higher TF for main direction bias, and looking to Lower TF to read more detail price movement..

Hopefully You Understand,  but feel free to ask me again if you still need more explanation..

Best Regards

MTH

 

 

 

 

 

• This reply was modified 11 years ago by MTH2014. Reason: add lower TF screenshot example

Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/

[simo5583]

Thanks for the quick response !!!

Ok, I have understood, I have to find a good technique for the entrance to the market…. but i don’t have it for the moment …mmmmm

Thanks for the explanation

Best regards

Simone

[simo5583]

Hi Kiads,
sorry if I bother you again…
I wanted to ask you, how come when I use CycDiv Indicator my metatrader visible slows??

Thanks

Best Regards

[MTH2014]

simo5583 wrote:

Hi Kiads, sorry if I bother you again… I wanted to ask you, how come when I use CycDiv Indicator my metatrader visible slows?? Thanks Best Regards

Hi Brother, do you already put all the files correctly,  especially the library file (libSSA) ? the latest version of this indicator only work for MT4 build 765 up.. and also please check your chart total candles, and you should set your CycDiv maxbars value less than that.

If you use CycDiv with renko chart, then it is also possible that renko builder tool that make your computer slowdown.. so, put smaller maxbars for your renko builder indicator too…

Hope You Understand and Best Regards

MTH

 

Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/

[simo5583]

Hi Kiads,

I open MT4 and I put libSSA in App scheda data( in english it should be “open data folder”)/MQL4/Libraries…. is it correct???

How can I see the version of my metatrader? I only konw it is MT4….

Thanks
Best Regards

Simone

[simo5583]

Sorry, but I have another question…. This indicator “Repaint”??

Thanks very much!!!

Simone

[MTH2014]

simo5583 wrote:

Hi Kiads, I open MT4 and I put libSSA in App scheda data( in english it should be “open data folder”)/MQL4/Libraries…. is it correct??? How can I see the version of my metatrader? I only konw it is MT4…. Thanks Best Regards Simone

Yes Brother, the libSSA should go to MQL4/Libraries folder.

to see your MT4 version build , just select Help / About.

simo5583 wrote:

Sorry, but I have another question…. This indicator “Repaint”?? Thanks very much!!! Simone

Yes Brother,  CycDiv Indicator,  as I explained several times, is ‘normalizing’ Indicator,  so in plain English meaning ‘intended to be repaint’.

Hopefully You Understand and Best Regards

MTH

 

Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/

[simo5583]

Thanks Kiads…
I have controlled …my version is 646!!….. is there a version of CycDiv for my metatrader??

Thanks very much for  your disponibility!!

[MTH2014]

simo5583 wrote:

Thanks Kiads… I have controlled …my version is 646!!….. is there a version of CycDiv for my metatrader?? Thanks very much for your disponibility!!

Please forgive me Brother,  I don’t have CycDiv Indicator for that old MT4 version.. build 646 is from last year MT4 version, too bad that I already renew all of my tools to build 765..

Maybe Better if You try to download New Instance of Meta Trader Platform,  while you could keep the old one (maybe you have your own reason to keep the old one..).

 

Hopefully You Understand.

MTH

 

Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/

[Bartleby]

simo5583 wrote:

Thanks Kiads… I have controlled …my version is 646!!….. is there a version of CycDiv for my metatrader?? Thanks very much for your disponibility!!

Maybe i can help you …try it

 

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"A dream you dream alone is only a dream. A dream you dream together is a reality." (John Lennon)

[simo5583]

Hi Kiads,
I have upgraded my MT4… Now I will try it on the new version…..Thanks!!!

Best Regards

Simone

[simo5583]

Sorry Bartleby,
I did not ignore you, I have not read your message… sorry

However, thanks for the support!!

 

[green_king]

Asalamalykum kiads,

I hope you are doing good today. I am trying to load indicator “MTH Renko Builder Indicator” but I have some problem it says “Error Dll calls must be allowed”

http://postimg.org/image/qu382olit/

JazakAllah khair

Update: sorry to disturb you guys I found the solution thanks in advance :)

• This reply was modified 11 years ago by green_king.

[Maktrader]

Hi to everybody here and special greetings to Kiads. This is my first visit to this forum. I was following the previos one at FF. Not participating, but only reading and know the whole situation. Today, after some struggle, I finally managed to install Renko Charts on my MT4-765. I am new to trading and still learning the basics.

Mr. Kiads, I appreciate your amazing work very much and if it is not rude, I would like to ask one question. Namely, you always tells us that zigzag indicator and all its derivatives (like 3xSemafor, and so on) are good for trading if you know how to use them. In this occasion, I would ask you most kindly sir, if it is possible to give us some directions how is it possible to trade with these kind of indicators? I understand your explanation that they are not repainting indicators, but they are simply adjusting themselves to the PA. I would like to ask you if there is a way to know (not with 100% of course) when we can consider that the adjusting of the extreme point has finished, and that it is time to place a trade in the opposite direction? In other words, how can we know with a certain degree of confidence that it is a favorable moment to enter in a trade?

I wish you all the best an thank you in advance for your answer

maktrader

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