Download MetaTrader 5

Kagi, Renko and other ... - Nisson.

To add comments, please log in or register
Sergey Golubev
Moderator
100401
Sergey Golubev  

Renko_v1 indicator.

Files:
renko_v1.mq4 3 kb
Sergey Golubev
Moderator
100401
Sergey Golubev  

Some people asked about this indicator.

Please find some explanation about Renko system in word file (in russian language sorry).

And 3 pictures.

I may say only that you may use this indicator for buy or sell signals (B2 - S2, B5 - S5 and B6 - S6). In case of "horizontal" trend (L) you may receive false signals (B1 - S1, B3 - S3, B4 - S4). So, you need to use some filter to avoid the losses in this case. White "brick" is buy, black one is sell. Besides, this indicator is creating the signal about reverse trend (see the picture).

Files:
renko-1.jpg 31 kb
renko-2.jpg 43 kb
renko-3.jpg 45 kb
renko.doc 22 kb
WhatFor
15
WhatFor  

Kagi, Renko and other ... - Nisson.

The set of these ridiculous indicators has bought for $23.

Unfortunately only *.ex4.

If they will help somebody (with what I doubt) I shall be very glad .

Files:
mart-hart
485
mart-hart  

The Renko indicator works fine, do they work in real time.or have a time limit on them

I have a good system but cant get the Keltner channel to work on previuos indicators data, although the ma's work fine

Files:
renko.gif 15 kb
saintan
97
saintan  

are those indicators readjusting itself? (standard question lol)

mart-hart
485
mart-hart  

I have not been running it all day as I have been out, But last night it worked ok , and it made a new brick when it was supposed too.

MA'a are not as smooth in real time but they look to be doing the job

Files:
renk.gif 9 kb
saintan
97
saintan  

ok, by the way, how do you put those ma`s on renko?

mart-hart
485
mart-hart  

Drag and drop the MA from the Indicators (not custom) in navigator.

Then in the apply to drop down window select first indicators data. The MA will then work in the lower window from that indicators data.

Try it on a CCI...very nice

Dont you just love Met 4

Martin

saintan
97
saintan  

wow, thanks a lot!!!

AlexPiechFinGeR
1033
AlexPiechFinGeR  
mart-hart:
Drag and drop the MA from the Indicators (not custom) in navigator.

Then in the apply to drop down window select first indicators data. The MA will then work in the lower window from that indicators data.

Try it on a CCI...very nice

Dont you just love Met 4

Martin

:confused:

Then in the apply to drop down window select first indicators data. The MA will then work in the lower window from that indicators data.

?

mart-hart
485
mart-hart  

Picture Attached

Files:
renkooo.gif 19 kb
123
To add comments, please log in or register