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]

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]

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]

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]

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]

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]

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]

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]

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]

already PM You Brother..

Hi Brother, Sorry for late reply
here we go the example for Gold (XAUUSD)

Hope it help and best regards
MTH

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]

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]

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]

Hi Brother, feel free to ask me if you need something that need more explanations, and please forgive me if sometimes my explanations is not clear because my lack of English..

Best Regards

MTH

Yes Brother, as I explained before,  the diamond show up at previous candle for current candle and ‘she’ will repaint depend on current form condition of the running candle, and only fixed after candle close.  So, in general only use diamond signal indication in relation with MA lines configuration (please refer to my previous explanations a…[Read more]