MTH2014 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
Hi Brother, 100% definitely big Yes…
If you ‘see’ my shared videos about geometrical charting, I don’t use any Indicators there… just ‘angle lines’..
or I could trade in correct direction only with comparing 2 candles,
So, all you need is ‘understand’ your tools in relation with how the market work. Even with only solid Money Man…[Read more]
MTH2014 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
Hi Brother, this is Force MA histo, comparing bull force ( High – Open) + (Close – Low) and bear force (Low – Open) + (Close – High)..
Hope it help and best regards
MTH
MTH2014 and
Mehtab are now friends 11 years, 2 months ago
MTH2014 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
Lol… Not a holy grail My brother, just little bit holy crap…hahaha, that the result of my testing phase, when I put the whole ideas from this forum and myself, including GG53 idea implementing on my OHLC MA, little bit twoblink idea on ‘market force’ implementing to my Force MA histo, multi time frames integration, sub-sequencer th…[Read more]
MTH2014 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
Hehehe… how about 92%

MTH
MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 11 years, 2 months ago
Hi Brother, You can use my Renko Builder Indicator from post 1 in this thread and set the shift setting to 100%, you will get standard renko chart.. and since my MT4 platform still build 765, please let me know if this Renko Builder Indicator work or not in your newest platform..
Best Regards
MTH
MTH2014 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
Please forgive me, but I don’t see any system in this thread. This is only discussion about an idea on how to look at the data flow from different point of view. I just worry if this is about You who failed to understand the basic idea..
Once again please forgive me..
MTH
MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 11 years, 2 months ago
Hi Brother, Sorry for late reply..
I Already check your basket script that originally came from Standard MT4 Period Converter Script. Until now, I still not found what wrong with this script code. This one generate basket offline chart but not update incoming tick unless manually refreshed.
I compare it with original MT4 Period Converter Sc…[Read more]
MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 11 years, 2 months ago
Yes Brother, I think still the problem is from the USDBSKT data, when renko builder start to create current brick , ‘she’ need to look at the current bid that we called from Marketinfo (“USDBSKT”,MODE_BID), to start ‘her’ calculation of brick direction and no wonder when there is no one, the brick keep coming in only one direction in every…[Read more]
MTH2014 replied to the topic MTH – OHLC MTF Moving Average in the forum Indicator discussion 11 years, 2 months ago
Hi Brother, this indicator base on OHLC/4 price so this is not same as ordinary MTF MA Indicator. And the big different from common MTF Indicator is common MTF indicator mostly only work from higher TF to lower TF, while this one also work from lower TF to higher TF.
If you understand how to use this ‘feature’ correctly I believe you will f…[Read more]
MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 11 years, 2 months ago
Yes Brother, I see..
So, your USDBSKT use 4 digits, that’s the problem.., You should ask the programmer that create that synthetic chart change it to 5 digits, and in case of JPY pair ‘he/she’ should convert it from 2 or 3 digits become 5 digits too.., by divide with 100, the JPY pair value for example 140.500, become 1.405 and then set the…[Read more]
MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 11 years, 2 months ago
Ok Brother, error Line 460,125 is division between Starting Point value and Brick Value. if this is zero divide error then the input of one or both of them must be not correct please check especially the Starting Point, put value that exist in your M1 base chart (I believe your USDBSKT is synthetic data chart ..right ?)
Hope it help and bes…[Read more]
MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 11 years, 2 months ago
Hi Brother,
from your screen shot journal error, I see that the indicator error came from mq4 file while I never share the mq4 file in this forum for my Renko Chart Builder Indicator. Are you use different version of my renko builder indicator ?, if no, then since you create non standard instrument pair (USDBSKT), do you already set S…[Read more]
MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 11 years, 2 months ago
Hi Brother, my explanation about OHLC MA is if you use ‘her’ alone, if you use ‘her’ in combination with other indicators, then we should also use different rules, I believe that is the basic knowledge that we should know when we work with custom indicators/tools. In My Explanation here about SSA CycDiv Indicator, of course ‘she’ become the…[Read more]
MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 11 years, 2 months ago
Hi Brother/Sister, nice to met you here sorry for late reply and my bad English..
First, could you open your Meta Trader 4 Platform from ICMarket, and you can look standard online candlestick chart with it ? if yes then everything is fine for starting your renko chart building.
To use any custom tools (Expert Advisers, Indicators, Scripts,…[Read more]
MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 11 years, 2 months ago
Hi Brother, Sorry for late reply..
For any JPY pairs, first you may set the starting point to 140.500 this is good starting point price for all JPY pairs. For the size of the renko brick the default 8 shifted 12.5% meaning every steps is 1 point up or down (for geometrical renko chart). so if you want bigger brick size you could increment th…[Read more]
MTH2014 replied to the topic MTH – OHLC MTF Moving Average in the forum Indicator discussion 11 years, 2 months ago
already PM You Brother..
MTH2014 replied to the topic MTH – OHLC MTF Moving Average in the forum Indicator discussion 11 years, 2 months ago
Hi Brother, Sorry for late reply
here we go the example for Gold (XAUUSD)

Hope it help and best regards
MTHMTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 11 years, 2 months ago
Hi Brother, SL was there to protect us from more ‘worst’ losing condition. So, SL should not become our problem at all, mostly the problem is in relation with over trades or wrong chart reading on current direction bias.. or wrong SL ‘range’ for current Time Frame (in candlestick charts) or ‘average wave length’ (in renko /constant range bar…[Read more]
MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 11 years, 2 months ago
Hi Brother, Thank You for your advice…
Mladen is one of my great virtual teacher.., and yes it’s true that most of offline chart builders (EAs /Scripts or Indicators), use time comparing updater to emulate online chart..
but your example is weird,
In my understanding, if ‘previous time value’ is less than ‘current time value’ that me…[Read more]
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