Hi Brother,   your example image is EURUSD M1 candlestick chart as your base chart with my renko chart builder indicator loaded but where is your M11 (default) offline renko chart image ?

do you already try to look at your open offline window (MT 4 Menu / File / Open Offline ) then search and click EURUSD M11 to open your offline renko chart ?…[Read more]

Hi Brother,   your example image is EURUSD M1 candlestick chart as your base chart with my renko chart builder indicator loaded but where is your M11 (default) offline renko chart image ?

do you already try to look at your open offline window and click EURUSD M11 to open your offline renko chart ?

and if you already did that, then what h…[Read more]

Yea, I understand pip. That’s why I started sharing a few things privately as well. At least it will limit the exposure. Have you thought about working together in a private group?

Sure, but from higher TF to lower TF.. and not in reverse because we don’t know if TZ from lower TF will become the lowest or highest  top/bottom TZ for the rest higher TF..

But, if ‘she’ show up on higher TF then definitely it will also show up in lower TF.

Best Regards

MTH

Lol.. , if retail brokers/market makers not trade against their clients, and only take spread or commission as their incomes, and really happy to look their clients success because of the commissions they received , please explain to us, how come there so many bankrupt brokerages,  why they widening their spreads during news or just freeze…[Read more]

My Brother,

BrickShift is ‘acceleration’ with constant ‘percentage size’ per user setting (standard Renko is 100% shift),  while ‘auto acceleration’ using parameters from oscillator data (MACD, Stoch, etc) will give ‘variable percentage shift to brick formation’ according to  ‘line angle’ and ‘relative position’  of choosing os…[Read more]

Hi Brother,

for my TVI version (at the bottom of example chart) you could find it here : http://penguintraders.com/forums/topic/mth-tz-and-her-friends-for-manual-trading-all-tf/page/12/#post-2834

for the rest (corona, TMA channel, etc) and template maybe you could ask our brother hrw47 that also member of this forum  by pm.

Hope it help and…[Read more]

Hi Brother,  why you need MT4 Ticker to create renko chart.  The latest version of Renko builder (in post 1) don’t need anything else to create renko chart on weekend. just load the indi to your base chart, change setting as you want, then  right click on your base chart and choose refresh. As long as you connected with your broker server, it wi…[Read more]

Yes Brother,

You can ‘see’ the main 45/315 degree angles and you could consider the ‘smaller’ waves ‘as ‘distortion’ to be filter out.

In time base chart like candlestick chart, time is illusion,  ‘Time Frame’ just the way to ‘slashing/framing’ the continuous price movement chain,  and i believe ‘time’ is not always ‘second’ or ‘minute’ bout c…[Read more]

Thanks, MTH.
But Renko in this configuration are always 45 degreeas, and I need to “filter out” bars that extend beyond that.
Another problem with that method is loosing track of “time” – i.e WHEN the predicted price will be, according to the rate of change.

G.

TP taken, 150pips

Interesting.. maybe different color settings for each view and then it will be easier to see. something like that can be pretty interesting for sure! Would need to see it in action to make a better judgement.

MTH

Thoughts on Filtering data:

Price that moves above/below 45 degrees from current, will soon enough return to that level or lower/higher.

Maybe I’ll use that as a filter. There is a slight problem calculating degrees in price/time chart… Edward Gann solved it ages ago, so I think I can…

G.

Thoughts on Filtering data:

Price that moves above/below 45 degrees from current, will soon enough return to that level or lower/higher.

Maybe I’ll use the as a filter. Also there is a slight problem calculating degrees in price/time chart… Edward Gann solved it ages ago, so I think I can…

G.