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MT4 Renko EA based on H1/D1/W1 CLOSE?

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remix919
103
remix919  
Does anyone know where I can find a Renko EA that will draw Renko blocks based on the CLOSE of the H1/D1/W1 timeframes instead of the M1 timeframe which pretty much every Renko EA uses? I've searched everywhere and can't seem to find one. Or can someone point me towards how to modify an existing M1 Renko EA and add a H1/D1/W1 close option? Thanks!!
whroeder1
15902
whroeder1  
Renko is not a time based chart, makes no sense to use anything but the most accurate prices.
remix919
103
remix919  
whroeder1:
Renko is not a time based chart, makes no sense to use anything but the most accurate prices.


I know, but having a higher TF close helps smooth out the chop. For example, on an H1 close chart with 10 pip boxes, if PA moves up 50 pips in 1 hour but then move back down 25 pips for a total gain of 25 pips by the hour's close, then the Renko would only print 2 completed blocks. It would greatly help in filtering the sporadic intraday bursts like that.

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