MeanRenko

allyfx
Posts: 1
Joined: Mon Mar 04, 2013 6:29 am

Re: MeanRenko

Post by allyfx »

Why does the renko boxoffset not work? I want it to work like the a-Z invest version where you can set where the next brick starts, it turns into a great indicator.

Please do not buy the renko from a-Z invest as the trial runs out and after payment didnt receive keycode. gutted. no response from support as of yet.
stubish
Trader
Posts: 18
Joined: Fri Apr 27, 2012 5:54 pm

Re: MeanRenko

Post by stubish »

This is great. Many thanks. Hopefully we can develop something amazing. I'm gonna test on some keltner channels soons.
stubish
Trader
Posts: 18
Joined: Fri Apr 27, 2012 5:54 pm

Re: MeanRenko

Post by stubish »

took a look in the last few days. A longer MA length seems to help with the keltner. Resonable results with a 1:1 RR on with the other side of the Keltener channel as a SL.

There is another set of renko indicators (only for NT that's I've seen) that will let you assign a start position for the next bar (as a percentage of the previous bar). Meaning the start point can be 25% instead of 50% for instance. Has anybody come across something like this for Empty4?

cheers
Stuart
odysseus11
Trader
Posts: 13
Joined: Wed Dec 07, 2011 2:48 pm

Re: MeanRenko

Post by odysseus11 »

yes i have one from here, works OK and yes you can set the level of where it draws the boxes:
http://www.az-invest.eu/
stubish
Trader
Posts: 18
Joined: Fri Apr 27, 2012 5:54 pm

Re: MeanRenko

Post by stubish »

check out a doncian chanel of 5 periods. Enter when the close of a bar breaks the channel.... interesting.
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traderduke
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Posts: 306
Joined: Mon Nov 28, 2011 7:30 pm
Location: East Coast USA

Re: Renko

Post by traderduke »

Hi Gang,
I've been testing and trying different indicators, although many backtest great they fail forward testing.

This EA has several modes using 4 different indicators. I use ea (renkolivechart_3.2) to form my renko chart, usually 12 pip with GBPXXX. I also use (renkoMeanlivechart_v1.0) but I can't back test it. Let the games or testing begin. Any suggestions ???

Ray
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Walt6730
Posts: 4
Joined: Sat Nov 10, 2012 10:50 am

Re: Renko

Post by Walt6730 »

traderduke wrote:Hi Gang,
I've been testing and trying different indicators, although many backtest great they fail forward testing.

This EA has several modes using 4 different indicators. I use ea (renkolivechart_3.2) to form my renko chart, usually 12 pip with GBPXXX. I also use (renkoMeanlivechart_v1.0) but I can't back test it. Let the games or testing begin. Any suggestions ???

Ray
Hi buddies,

I am also interested in Renko. For median renko testing, you need to modify the EA code. In median renko, Open[0]=Close[2], so that the code should be modified accordingly.
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traderduke
Trader
Posts: 306
Joined: Mon Nov 28, 2011 7:30 pm
Location: East Coast USA

Re: Renko

Post by traderduke »

Walt
Can you a little more exact about median renko testing, Open[0]=Close[2],

Thanks

Ray


Walt6730 wrote:
Hi buddies,

I am also interested in Renko. For median renko testing, you need to modify the EA code. In median renko, Open[0]=Close[2], so that the code should be modified accordingly.
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