Beautifull project !!

The most needed features for testing/simulating is:

1. Support for multi-currency.

2. Support for Renko/Range bars.

G.

After data filtering & channel decision we need to attend to the VOLATILITY phenomena in different TF’s.

Typical Volatility behaviour

———————————-

H4 is x6 than DAILY.  Volatility is only  x3.
H1 is x4 than H4.  Volatility is only x2.
H1 is x24 than Daily. Volatility is only x8.

Daily. 150 pips (on E/U)
H4. 50 pips.
H1.…[Read more]

drloyd,

The “Close” of a bar is an artificial stop-watch or snap-shot of the current timeframe.

Sometimes it doesn’t correlate with the market “sentiment” and direction at that time.

Think “out-of-the-Box”, find the market sentiment for that bar and where it “diagree” with the direction and CLOSE price.

G.

Yes, the signal is at current bar close.

G.

It’s simple, really…

Compare current bar CLOSE price to other representations of “current price”.

You’ll find signals that the “CLOSE” is actually not representing current market sentiment.

In most cases “CLOSE” price will correct itself, move to the “right” direction and hit the already known “correct” price on his way.

G.

It’s simple, really…

Compare current bar CLOSE price to other representations of “current price”.

You’ll find signals that the “CLOSE” is actually not representing current market sentiment.

In most cases “CLOSE” price will correct itself, move to the “right” direction and hit the “correct” price on his way.

G.

It’s simple, really…

Compare current bar CLOSE price to other representations of “current price”.

You’ll find signals that the “CLOSE” is actually not representing current market sentiment.

In most cases price will correct itself, move to the “right” direction and hit the “correct” price on his way.

G.

The signals are immediatly after bar CLOSE.

There are more samples in this chart, just didn’t want to clutter it, just to show the pricipal.

It works on ALL timeframes.

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 (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]

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]