› Forums › Indicator discussion › MTH Renko Builder Indicator
- This topic has 238 replies, 90 voices, and was last updated 5 years, 5 months ago by
SUHUATW.
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- May 27, 2015 at 3:45 pm #6860
Hi MTH,
many thanks for your MTH Renko Builder Indicator b700.
Although all of its features are very interesting, I’m still using it to generate standard Renko-Charts, as I find your indicator most stable compared to other Renko builders, especially if you work with many charts in parallel.
I still experience one problem and went through all the settings over and over again but couldn’t solve it: When the Renko Builder Indicator runs for a longer time period (usually several days), the new renko bar’s time moves more and more into the future (see screenshot). I would appreciate it very much if you had a hint for me how to fix this problem.
Thank you very much!
Max
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You must be logged in to view attached files.May 30, 2015 at 6:15 pm #6888Hi MTH, many thanks for your MTH Renko Builder Indicator b700. Although all of its features are very interesting, I’m still using it to generate standard Renko-Charts, as I find your indicator most stable compared to other Renko builders, especially if you work with many charts in parallel. I still experience one problem and went through all the settings over and over again but couldn’t solve it: When the Renko Builder Indicator runs for a longer time period (usually several days), the new renko bar’s time moves more and more into the future (see screenshot). I would appreciate it very much if you had a hint for me how to fix this problem. Thank you very much! Max
Hi brother, you may search in this thread to the latest build 765 renko chart builder. and yes the time is not correctly synchronize in MT4 environment, but you could correct this by refreshing the base chart.
hope it help and best regards.
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/June 1, 2015 at 11:49 am #6904Hey Kiads,
I started reading the thread at FF, I really like what you are doing for everybody.
I have a quick question about calculating brick size for renko. I’m using normal renko charts (no shift ), If my M1 average candle size is 2.6p, should I use 2.6p * 8 = 20.8p brick size? And do I have to change CyvDiv settings if using normal renko charts?
I’m sorry if this have been answered somewhere but I have a lot of pages left to read and I want to test this stuff right away :).
Thanks!
Arasal
Edit : Finished reading the 94 pages at FF. Great read, learned a lot. Its really their loss…Too bad you removed the first page. I started reading the TZ thread here too :). Cya
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This reply was modified 11 years ago by
ArasalN.
June 3, 2015 at 4:46 pm #6917ASSALAM O ALAIKUM MY DEAR BROTHETR KIAD, MY ALLAH BLESS YOU.
I HAVE SUBSCRIBED TO THIS FORUM ONLY TO BE IN CONTACT WITH YOU.I AM FACING BROBLEMS WITH RENKO BUILDER INDI.I NEED 12.5% FLIP MODE WITH WICKS BUT INDI DRAWS WRONG WICKS.CAN YOU PLEASE HELP ME IN THIS REGARD?
SORRY FOR BAD ENGLISHREGARDS,
June 15, 2015 at 7:51 am #6986hey brother i have searched this thread for renko chart build 765 and im unable to find it, am i looking in the wrong place?
June 15, 2015 at 7:53 am #6987It is attached on the first post
Cheers
June 16, 2015 at 9:43 am #6994Hello Kiads,
I just wanted to let you know about issues i’ve had using the renko builder just in case it might be useful.
I’ve found the 610 build the best build so far as i don’t use the time bars so fewer externs to set.
However i have sometimes used the 700+ build as it was an updated version.
So, i was using 700+ then of course metaquotes decided to do more bug fixing and generally creating more havoc by releasing 830 and 840.
At the same time i had been trying to ‘improve’ my EA and i can only do simple coding.
I have my EA set to open n trades on bar opens (one trade per bar).
On the latest mt4 releases i was using renko builder 700 or 700+ (when i looked for 765 build i could only find 700).
After modifying my EA all of a sudden it started opening trades on every tick, so all my trades got opened on the same bar.
I assumed my coding was at fault, then i thought it was the mt4 update, then i though it was my vps, then my install was bad because of the update. Finally i thought maybe the mt4 update had caused renko 700+ to malfunction, i went back to build 610. Then everything worked.
610 seems to work better with mt4 840 than it ever has. It even deletes the indicator info from the chart when the indicator is deleted and i don’t think it even says waiting for connection after re starting the terminal, which it always did on my set ups.
So, it seems metaquotes have caught up with your coding and made one of your earlier version work really well.
Obviously i don’t know if it’s just me that found issues with latest mt4 and renko builder 700 /700+, but that’s what i found.
So, just thought you may like to know, and thank you for your great work.June 16, 2015 at 10:46 am #6995Hi Hushmoney, Could you please post a link for the version 610 for me .
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This reply was modified 10 years, 12 months ago by
forexrichman.
June 16, 2015 at 11:12 am #6997June 16, 2015 at 11:55 am #6999Hi again hushmoney. Many many thanks for the link. I am also going to see if it works like it does for you. I also have the latest mt4 version on my PC.
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This reply was modified 10 years, 12 months ago by
forexrichman.
September 17, 2015 at 1:50 pm #7935Hi Everyone,
I’m new to this strategy, I’ve now installed the templates and have the renko charts working along with the cycdiv indicator.
Please could someone point me in the direction of the rules for this strategy using the cycdiv indicator.Do we wait for a XiTZ signal ie SELL and then wait for Cycle line, Demand line and supply line to print “DN HILL” before we enter a SELL trade?
any info on this would be much much appreciated..
Thank you Kiads for all your work, Many Thanks.
Best Regards,
Andy
September 21, 2015 at 3:42 pm #7957Hi all Brothers and Sisters, please forgive me because I’m not active in this beloved online forum lately due to some health problem that I have. (too tired to manage some offline formal jobs..lol).
Btw, you could still send me PM for any questions related to trading and hopefully I could help you little bit but again forgive me if my answers can’t satisfy you, please spare this old brain..lol.
I wish all of you reach your success in your trading journey, keep learning.. keep practicing and remember that ‘practice make perfect and patience make profit’.. Happy trading guys..

PS.
Brothers/Sisters in this Youtube link, is my son first short movie for his school competition movie project. If you have spare time please help me and my son by look and ‘like’ my son movie.. lol. also I really appreciate if you could give some nice comment there.. , maybe this is nothing for all of you, but for my son (and of course for me too.. hahaha) this is his very important first step, and because the evaluation base on ‘like’ and nice comments ( can you believe that..lol), your ‘like’ is ‘ huge blessing’ for us. Thank You in advance for your attention and caring.
https://www.youtube.com/watch?v=S67jA9AsCBcIntuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/September 21, 2015 at 4:59 pm #7958Liked. Take care, get well, come back.
September 22, 2015 at 12:44 am #7959Liked 2. Best of health!
G.
September 22, 2015 at 5:05 am #7960Take cared~
September 22, 2015 at 5:14 am #7961Take care and I have liked the post. Not easy to be father as I am also a father. To give kids our fullest support is our greatest presents to them :)
September 22, 2015 at 6:50 am #7962Liked too. Take care Kiads
"A dream you dream alone is only a dream. A dream you dream together is a reality." (John Lennon)
September 22, 2015 at 7:15 am #7963Liked and pls stay healthy!
September 22, 2015 at 9:05 am #7964PS. Brothers/Sisters in this Youtube link, is my son first short movie for his school competition movie project. If you have spare time please help me and my son by look and ‘like’ my son movie.. lol. also I really appreciate if you could give some nice comment there.. , maybe this is nothing for all of you, but for my son (and of course for me too.. hahaha) this is his very important first step, and because the evaluation base on ‘like’ and nice comments ( can you believe that..lol), your ‘like’ is ‘ huge blessing’ for us. Thank You in advance for your attention and caring.

Like‘d. What role did he play in its production? I saw a few kids in the credits…
Will you be teaching your son the ropes of forex in due time? It seems like what those kids need is some vocational training, so they can feel like they’re doing more than generic school work. The skills of [patiently listening to superiors] and [turning in paperwork on time] are both important in their own way, but those are not the only skills needed to be successful, and they aren’t very fulfilling or inspiring in the process.
I wish you health and happiness, Kiads. And I hope that your family’s businesses run smoothly enough to not destroy you!
September 22, 2015 at 11:21 pm #7980Liked

Take care and get healthy. Your creative mind and positive personality is sorely missed here. Hopefully see you soon back

cheers
hannele
September 23, 2015 at 12:25 pm #7981Hi all Brothers and Sisters, please forgive me because I’m not active in this beloved online forum lately due to some health problem that I have. (too tired to manage some offline formal jobs..lol). Btw, you could still send me PM for any questions related to trading and hopefully I could help you little bit but again forgive me if my answers can’t satisfy you, please spare this old brain..lol. I wish all of you reach your success in your trading journey, keep learning.. keep practicing and remember that ‘practice make perfect and patience make profit’.. Happy trading guys..
PS. Brothers/Sisters in this Youtube link, is my son first short movie for his school competition movie project. If you have spare time please help me and my son by look and ‘like’ my son movie.. lol. also I really appreciate if you could give some nice comment there.. , maybe this is nothing for all of you, but for my son (and of course for me too.. hahaha) this is his very important first step, and because the evaluation base on ‘like’ and nice comments ( can you believe that..lol), your ‘like’ is ‘ huge blessing’ for us. Thank You in advance for your attention and caring. 
Dear Brother,
I hope you get well quickly….
A very nice movie by the way. Congratulations for your son… Liked & more…
Best regards…
Nothing has ever motivated me more than this...
September 23, 2015 at 10:39 pm #7995Hi Kiads,
Nice to see you here again ;) Get well take care of yourself ;)
September 24, 2015 at 5:57 am #7997Hi Kiads,
Thank you very much for all your work, hope you feel better soon.
Best Regards, Andy
September 28, 2015 at 5:25 am #8061Hi Everyone,
I’ve setup my charts now using the renko builder indicator and also the cycdiv indicator. I was wondering what time frames people are using to trade?
Are people using a larger pip box size than the stndard 8.0 ? Any pointers would be very muh appreciated.
Many Thanks
Andy
September 29, 2015 at 12:05 pm #8095Hi Guys,
Also, what are the best H Value settings to use please?
Thanks
Andy
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