- We make renko chart for example 5 pips range.
- We make secend renko chart for example 20 pips range.
Now we must think about this two charts about two difrent timeframes.[we have to imagine it. I know it's not really TF.]
We want to see on the lower Timeframe chart renko[5 pips] idicators with signals from higer timeframe [20 pips.]
I dont now its understand becouse i have problem with my english sory Google translete helps me
Mladen its pissiblive to make somethink likne this?
We can use two open screens[two renko charts] and script?
did this ever get answered? i'd love to have overlapping multiple size renko also. would be great to overlay onto multi-size range bar chart also.
Since renko charts are not time bound (bars are exclusively formed depending on price change, not time) it would be nothing similar to what we are used in multi time frame indicators
mladen or mrtools,
could you make this to MTF?
That is a simple heiken ashi smooted
You can use this one for example : Forex TSD - forex forum - Download Heiken ashi smoothed 2 & alerts nmc.mq4 (just set the UseAutomaticMaPeriods to false and then set the rest of the parameters). It already has alerts
i'm well aware of that. thanks. perhaps though the renkoshade indicator can be made to accomplish the desired effect, showing the overlaps or different sized bars...
Try using this one then : https://www.mql5.com/en/forum/173574/page414
With some artificial time frames construction, you probably can achieve what you need
thanks but i was looking for range bars and renko bars overlapping, not time bars. renkoshade does work but when i put 2 instances of renkoshade with different sizes on my chart it gets all screwy. thanks again.
Open "lower time frame" renko
Place that indicator on that chart and try to use "higher time frame renko" as a source, They will probably overlap correctly
RSI adaptive MA (it used to be called RSI adaptive EMA, but since this can use any MA type for smoothing, the name has changed). Also, code is simplified, adapted to new mt4 and made more efficient : rsi_adaptive_ma__mtf_amp_alerts.mq4
PS: it is a version with alerts and multi time frame
please is it possible to add the bars calculation limit to this indicator?
thanks in advance.