Renko charts Repaints !!

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Gl1tchless
180
Gl1tchless  

hello , i've noticed that Renko charts does repaint !

i will explain with pictures

see the little blue box ? in this picture ?

i use these boxes to identify the ranging zones in my strategy and renko charts , anyway , see what happened to that box later on

the candles changed completely !

btw im using this renko EA to make it live on charts :

https://www.mql5.com/en/code/11739?utm_campaign=MetaTrader+4+Terminal&utm_medium=special&utm_source=mt4terminal+codebase

any ideas ? , fixes ?

Files:
ntbs2t5.png 93 kb
whrcco4.png 82 kb
pavaka
4412
pavaka  

Rembrandt used to repaint too...some of his pictures...so.. what is your point?

Gl1tchless
180
Gl1tchless  
Pava:
Rembrandt used to repaint too...some of his pictures...so.. what is your point?

is there any fix for this problem ? i can't learn from my mistakes with something that repaint.

pavaka
4412
pavaka  

nope...no fixes for this

krelian99
1202
krelian99  

"The new art to trade" I read once. Time-independant, smooth, new organized structure. That you wipe away all information they don't tell. Neither that it repaints. Learn on the original chart as pro-traders do. Learn to think like one. Watch structure reacting over time, know your tools (good tools we try to summarize here) and some day you'll see a logic behind all this, hopefully. Yes, even when it's man-driven, there is a logic: Buy low, Sell high.

Mladen Rakic
138752
Mladen Rakic  
Tarwada:
is there any fix for this problem ? i can't learn from my mistakes with something that repaint.

Tarwada

No fixes for that. Sooner or later that will happen with any version of renko

Pascal
271
Pascal  

I was always wondering why institutional traders do not use renko. Here is the answer. Good in hindsight - in ranging market tells you bye, bye

mntiwana Tiwana
4468
mntiwana Tiwana  
PascalD:
I was always wondering why institutional traders do not use renko. Here is the answer. Good in hindsight - in ranging market tells you bye, bye

Hi PascalD

with excuse,how you got chance to see institutional traders diagram/chart,that is not easy till you have very long hands......and what we see in ADs by loud speaking lairs,they are seller/re-seller,commercial fake experts,code renamers and such kind guys......but it is reality that mostly experts and seniors telling us in TSD,renko repaints.

regards

Mladen Rakic
138752
Mladen Rakic  
mntiwana:
Hi PascalD

with excuse,how you got chance to see institutional traders diagram/chart,that is not easy till you have very long hands......and what we see in ADs by loud speaking lairs,they are seller/re-seller,commercial fake experts,code renamers and such kind guys......but it is reality that mostly experts and seniors telling us in TSD,renko repaints.

regards

mntiwana

The thing is that for renko the starting point must be anchored somewhere to a fixed point in time in order to prevent repainting on restart. Even then, if, for example, I anchor it to 01.01.2015 and you to 02.01.2015, you and me will have different charts (even on a same broker, which is hardly what we are expecting to have). That makes it a very useful tool, but with its limitations that must be known or else people can have serious problems using it for trading

name
992
name  

Renko really can give you a lot of false signals in ranging market

mntiwana Tiwana
4468
mntiwana Tiwana  
mladen:
mntiwana The thing is that for renko the starting point must be anchored somewhere to a fixed point in time in order to prevent repainting on restart. Even then, if, for example, I anchor it to 01.01.2015 and you to 02.01.2015, you and me will have different charts (even on a same broker, which is hardly what we are expecting to have). That makes it a very useful tool, but with its limitations that must be known or else people can have serious problems using it for trading

Dearest MLADEN,

so i assume in response your detailed explanation - renko will not repaints,when applied at VPS with some EA,with out interrupting,interfering and restarting the terminal ........ just once start it,and let it go for long term time....please correct me..thanks,

regards

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