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please forgive me because I’m not active in this beloved online forum lately due to some health problem that I have
My best wishes for a quick recovery – take care, Kiads!
simplex
A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)
Hi All… My Brothers and Sisters, at least I’m barely back.. lol but still weak to think in normal way.
After 2 weeks holiday in hospital due to gallbladder inflammation and another 2 weeks totally bed rest at home, without computer, gadget, forex trading, etc damn finally I’m free.. lol.
Guys, I read all your Posts, and also all your PM, Thank You for all your sincere nice support and caring.
Also some PM ask me about my shifted renko chart indicator, also my star and skull indicator (actually the last one is star,skull and smiley..lol),etc but again forgive me that i can’t fulfill your personal request. Since I don’t have time (and power) to continue my test and improvement for my SSS indicator, then I will share in our beloved forum here my ‘lite’ version of this SSS indicator (ex4 version of course, just wait for my new thread on it), and for my personal coder friends I will share the mq4 version (just PM me please..thx).
Have a nice week end and God Bless All…
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/Oh dear, hope everything is well and sound for you. Think penguins deeply miss your presence here too. May good health and green pips be with you always.
Thank You brother Scissors and GG53 nice to see both of you too…
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/Hi MTH,
Just want to say thank you for your awesome indicators. First time i found some good entries and gained a few pips.
Keep it up, c0ldsun
Kiads
I have been happily using your great indicator for my live trading, and thank you very much
I have always set TimeBrickStep to false, but I started to play around a bit today. And could you just remind me (my feeble brain knows you ahve explained before, but I ahve forgotten…) what exactly the TimeBrick fucntion does.
In my understanding it creates a new candle, exactly equal to the previous candle if no new renko bar has been formed within the TimeBrick Minutes? Correct?
And is this function working correctly as it does not seem to do what I think it shoudl do.
As usual hope I am making sense!
Gideon
Kiads I have been happily using your great indicator for my live trading, and thank you very much I have always set TimeBrickStep to false, but I started to play around a bit today. And could you just remind me (my feeble brain knows you ahve explained before, but I ahve forgotten…) what exactly the TimeBrick fucntion does. In my understanding it creates a new candle, exactly equal to the previous candle if no new renko bar has been formed within the TimeBrick Minutes? Correct? And is this function working correctly as it does not seem to do what I think it shoudl do. As usual hope I am making sense! Gideon
Hi Brother, Yes TimeBrickStep create new brick equal to previous brick if price don’t go outside the ‘range’ of the brick during certain time. TimeBrickMinutes only working correctly if you use external program that force MT4 to create pseudo tick in every second (but this will need heavy CPU resources power..). While if you use this ‘equal’ brick options with default MT4 server tick, then it will not work properly, but actually you could still use it in many way in your trading strategies.
For example if you consider your brick ‘size’ as a ‘breakout range/box’ then you could ‘see’ that row of equal bricks could shape like ‘breakout box’ and it depend on ‘where’ they show up to form some ‘shape’ of supply or demand area.. then you could see some consolidation / negotiation in process. Also if you understand how to combine it with ‘channel indicators’ like BB, etc.. you could analyze further.. to sharpening your decision.
Hope it help and best regards
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/Good Day
Thank you for this wonderful extension, it really is helping, but I am on mt4 build 910, can it be updated for this build.
I would also like to trade this with oil and the DAX (Germany30), is it possible and what will the settings be?
Again, thank you, this is a very friendly forum.
Be Blessed
Kiads I have been happily using your great indicator for my live trading, and thank you very much I have always set TimeBrickStep to false, but I started to play around a bit today. And could you just remind me (my feeble brain knows you ahve explained before, but I ahve forgotten…) what exactly the TimeBrick fucntion does. In my understanding it creates a new candle, exactly equal to the previous candle if no new renko bar has been formed within the TimeBrick Minutes? Correct? And is this function working correctly as it does not seem to do what I think it shoudl do. As usual hope I am making sense! Gideon
Hi Brother, Yes TimeBrickStep create new brick equal to previous brick if price don’t go outside the ‘range’ of the brick during certain time. TimeBrickMinutes only working correctly if you use external program that force MT4 to create pseudo tick in every second (but this will need heavy CPU resources power..). While if you use this ‘equal’ brick options with default MT4 server tick, then it will not work properly, but actually you could still use it in many way in your trading strategies. For example if you consider your brick ‘size’ as a ‘breakout range/box’ then you could ‘see’ that row of equal bricks could shape like ‘breakout box’ and it depend on ‘where’ they show up to form some ‘shape’ of supply or demand area.. then you could see some consolidation / negotiation in process. Also if you understand how to combine it with ‘channel indicators’ like BB, etc.. you could analyze further.. to sharpening your decision. Hope it help and best regards MTH
Thanks for my late reply. Do you have a an external program to force a pseudo tick? I would like to try that
Thanks
Thank you very much for all your sharing, Kiads!
Please tell me whether included in your plans to create an analogue Mean-Renko-Builder-indicator for the platform MetaTrader 5?
All the best.
Hi @MTH2014 Master,
I would like to know whether you have updated the MTH b765+ SSA CycDiv Indicator.
I kindly request you to share some details and useful tips n tricks on how to use this indicator(specially in lower TF like M1, M5, M15).
HolyGrailfx this goes in mql4/ scripts. Then highlight your 1 minute chart that forms the renko chart and run the script. It immediately updates you renko chart even on weekends.
Thanks do you have the mq4 file? I would like to try to convert into an EA that sends a tick every second
Thanks
Hi All, once again Thank You My Brother Saver0 for providing this great place to continue our ‘sharing is caring’ to all Retail Traders in the world. Keep Learning Guys, and let’s beat them.
Hi MTH
Could you please upload the renko builder indicator again as it is showing as an HTML document when I download it, I don’t know if it is because it has been
uploaded in 2014
EDIT: Nevermind I found the answer in another Forum, I have to use Firefox browser to download the indicators
Hi guys, i would like to try cyc-div indicator, but i cant make it working. which is the last version of MT4 where cyc-div is working well. Now i have installed last version. buid 950 i think.
Hi Brother Mac,
My Renko builder already has that capability to create flex renko / sierra renko.
Just set parameter UseFlipMode to :true, set FlipPercentage to : 100, set UseBrickTimeStep to :false
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/Thanks for the advice how to configure flex Renko. Just want to ask BrickSize=15 points. Is 15 points equal to 15 pips?
I have normally put in other renko box size to 15 pips for volatile pairs such as GBPJPY/GBPAUD/GBPCAD.
If i understand correctly, 1 pip is = 10 points. May be i am wrong, in this case I should put fliprenko BrickSize to 150 for volatile pairs?
The Quote Function not work…lol
Brother Mac, Flip Percentage 100% meaning the ‘flex’ (flipping) 1 full brick size (as in example), Why don’t you try it, is not so hard to know how it work.. right, just put different percentage than 100%.
And for the best brick size..lol, of course we don’t have that.. it depend on your personal style, the default for 8 pips brick size, is for geometrical renko (12.5 % brick shift) that will create angle with 8 steps (100% / 12.5% = 8) , and every step size is 1 pip.
Regards
MTH
Brother Jim, its Automatic adjusted for broker with 4 digits or 5 digits (3 digits JPY pairs), so yes I name it point but actually its already in Pip size, you type 8 then meaning 8 pips in brick size, because inside the calculation, when this indi know that your broker is 5 digits broker, then it multiply that 8 by 10 so became 80 points. And because the brick size came in decimal type (double type), then you could type in 2.5 point that meaning 2.5 Pips in 4 digits brokers or 25 points in 5 digits brokers…
Hope you understand
Regards
MTH
PS. If you need further explanation please forgive me I can’t answer it here, you may contact me at the link in my signature.. thanks
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/The Quote Function not work…lol Brother Mac, Flip Percentage 100% meaning the ‘flex’ (flipping) 1 full brick size (as in example), Why don’t you try it, is not so hard to know how it work.. right, just put different percentage than 100%. And for the best brick size..lol, of course we don’t have that.. it depend on your personal style, the default for 8 pips brick size, is for geometrical renko (12.5 % brick shift) that will create angle with 8 steps (100% / 12.5% = 8) , and every step size is 1 pip. Regards MTH Brother Jim, its Automatic adjusted for broker with 4 digits or 5 digits (3 digits JPY pairs), so yes I name it point but actually its already in Pip size, you type 8 then meaning 8 pips in brick size, because inside the calculation, when this indi know that your broker is 5 digits broker, then it multiply that 8 by 10 so became 80 points. And because the brick size came in decimal type (double type), then you could type in 2.5 point that meaning 2.5 Pips in 4 digits brokers or 25 points in 5 digits brokers… Hope you understand Regards MTH PS. If you need further explanation please forgive me I can’t answer it here, you may contact me at the link in my signature.. thanks
HI
I am not able to find flip percentage option in indicator ,Kindly share indicator with this option or screenshot with settings
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