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RenkoMaPriceChannel

1

The indicator displays Renko bars on the chart, uses their data to calculate and display the moving average, PriceChannel and generates buy/sell signals.

Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency.

The PriceChannel indicator displays the upper, lower price borders over the specified period and the middle line on the chart.

A buy signal is generated when the moving average crosses the middle line of PriceChannel from below, sell signal - from above.

The signals are displayed as arrows, messages in a pop-up window, e-mails and push notifications. The indicator also generates EventChartCustom custom event for using signals for automating the trading process. The event generated by the indicator can be processed by the EA in the OnChartEvent function. The indicator passes the following parameters to the event handler: id - identifier; dparam - value of the corresponding PriceChannel line for placing a stop loss; sparam - text message.

The indicator can be attached on chart of any symbol with any timeframe.


Parameters

  • RenkoBar - renko bar size in points (automatically re-calculated for five-digit quotes);
  • CountBars - number of renko bars displayed on the chart;
  • bearColor - bearish renko bar color;
  • bullColor - bullish renko bar color;
  • hideBars - flag of hiding standard bars from the chart;
  • useM1 - use M1 quotes for initial indicator drawing;
  • chPeriod - PriceChannel period;
  • chWidth - minimum width of PriceChannel (automatically recalculated for 5-digit quotes);
  • UpColor - the color of the upper line of PriceChannel;
  • DownColor - the color of the lower line of PriceChannel;
  • MiddleColor - the color of the middle line of PriceChannel;
  • MA_Period - MA period;
  • MA_Color - MA color;
  • useSlowMa - using slow moving average;
  • Slow_MA_Period - the period of the slow moving average;
  • Slow_MA_Color - the color of the slow moving average;
  • SignalColor - signal arrow color;
  • useAlert - popup alerts;
  • useMail - email alerts;
  • useNotification - push notifications;
  • CustomEventBuy - buy custom event indicator (0 - disabled);
  • CustomEventSell - custom sell event indicator (0 - disabled).
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The indicator displays Renko bars on the chart, uses them to plot the ZigZag - trend lines connecting the local Lows and Highs of the price movement, and highlights them based on the Gartley patterns, showing the potential price reversal points. Renko - specialized display of the price action, in which the graph is displayed not every bar of the time frame, but only under the condition that the price had passed more than the specified number of points. Renko bars are not bound to a time frame, s
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The indicator displays renko bars on a chart and uses them to create ZigZag indicator - trend lines connecting local price movement Highs and Lows. The indicator, in turn, is used to create AB=CD displaying potential price reversal points. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any time
The indicator calculates and displays renko bars using MA and PSAR data as well as provides buy/sell signals. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. Buy signal forms when PSAR readings are moving down, MA is moving up, the price is closing ab
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The indicator displays Renko bars on the chart, uses their data to calculate and display the Bollinger Bands, MACD oscillator and generates buy/sell signals. Renko is a non-trivial price display method, in which a bar within a time interval is shown on the chart only if the price has moved a certain number of points. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. When attached to a chart, the indicator checks for presenc
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Artiom Timofeev
352
Artiom Timofeev 2016.10.30 08:04 
 

Перерисовывется так чтобы на истории все было красиво. Выкинул 12 баксов.

Upd:

Индикатор не верно рисует кирпичи ренко, автор отказался исправлять.

Respuesta al comentario
Versión 1.6 2021.11.18
Обновление под новый билд
Versión 1.4 2016.11.16
Reduced requirements for the amount of history data for testing.
Versión 1.3 2016.11.10
1. M1 quotes are used for initial indicator drawing.
2. If CountBars is set to 0, the number of displayed renko bars is set to a double width of the current chart.
3. A slow moving average has been added. A buy signal is formed when the slow MA is below the inddle line of the PriceChannel, when above - a sell signal is formed.
Versión 1.1 2016.10.24
Fixed minor bugs in signal display.