Range Bar Chart on MT4 - page 27
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Thanks , but I have to buy it ?
I was thinking it was free ;-)
Fabio
Related thread: https://www.mql5.com/en/forum/180048
Which TF I must use to work corretly with those indicators ?
I open an EURUSD chart M1 and I use 5 pips as box range .
Can you tell me also more on how to use these indicators ? Special the CZI indicator.
Thanks in advance
Fabio
Here is the CCI indicators..CCI with LSMA, sidewinder and Chopzone indicator.
Mr Nims renko system
Thanks , but I have to buy it ?
I was thinking it was free ;-)
FabioI used the search button and searched for Mr Nims and found his thread here. It has the renko bars script and other indicators posted there along with his renko system detailed in a pdf.
Enjoy!
Thanks , but I have to buy it ?
I was thinking it was free ;-)
FabioYou're a free thinker.
Kidding. No, it cost.....but well worth it. 
Which TF I must use to work corretly with those indicators ?
I open an EURUSD chart M1 and I use 5 pips as box range .
Can you tell me also more on how to use these indicators ? Special the CZI indicator.
Thanks in advance
FabioRange bars/renko bars are price based bars.......so no timeframe.
You have to open 1 min chart, put renko script available on Mr Nims thread and open offline chart M2 which updates in real time.
CZI shows current trend direction
Sidewinder shows strength of the current trend.
LSMA is used mainly for countertrend patterns.
Thanks , but I have to buy it ?
I was thinking it was free ;-)
FabioRenko bars are free.
Good range bars are commercial...there is a free version by wlas but it does not work properly.
Thanks a lot for your prompt answer.
BTW did you try the Mr. Nims strategy (Renko Ashi v 2 ) ?
I think you are using a different startegy based on CZI, Sidewinder and LSMA.
Did you compare the 2 strategies ?
Krgrds
Fabio
Range bars/renko bars are price based bars.......so no timeframe.
You have to open 1 min chart, put renko script available on Mr Nims thread and open offline chart M2 which updates in real time.
CZI shows current trend direction
Sidewinder shows strength of the current trend.
LSMA is used mainly for countertrend patterns.Thanks a lot for your prompt answer.
BTW did you try the Mr. Nims strategy (Renko Ashi v 2 ) ?
I think you are using a different startegy based on CZI, Sidewinder and LSMA.
Did you compare the 2 strategies ?
Krgrds
FabioHi
I have used both renko bars and range bars.
Problem with renko bars is late exit since bar has to form in opp trend direction which forms late.
Range bars are good on cost of early exit from trend when renko would have kept u longer.
But overall both are better than time bars.
Hi,
thanks for this explaination ;-)
But actually my question was :
did you try the Mr. Nims strategy (Renko Ashi v 2 ) ?
I think you are using a different startegy based on CZI, Sidewinder and LSMA.
Did you compare the 2 strategies ?
Hi
I have used both renko bars and range bars.
Problem with renko bars is late exit since bar has to form in opp trend direction which forms late.
Range bars are good on cost of early exit from trend when renko would have kept u longer.
But overall both are better than time bars.I find trading with range bars is so much better than time based charts