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Renko EA
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//| EA VERSION
//| RenkoLiveChart_v3.3.mq4
//| Inspired from Renko script by "e4" (renko_live_scr.mq4)
//| Copyleft 2009 LastViking
0-RenkoLiveChart_v3_3-Labels.mq4 18.19 kb, 67 downloads since 2014-09-29
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maverk wrote:
guys if i use any renko ea there is must to download renko charts to trade on it waiting reply
This is an EA to create a Renko chart but currencyfx added volume to the Renko chart it creates
If you do not know, add this to a 1 min chart and it will create an offline Renko chart which you open in MT4 by going to File> Open offline
RenkoBoxSize = 15; This is how many pips the currency has to move to create a box
extern int RenkoBoxOffset = 0; If you want to Shift the offset of the chart box
extern int RenkoTimeFrame = 2; This is the M# offline chart it creates ie M2 offline
You keep it running in a M1 Chart so it builds the M2 offline as ticks come in
Created by the Japanese, Price Action in it's purest form, Time has no meaning on these charts
USDJPYM2.png 24.5 kb, 18 downloads since 2016-10-04
Hi,
Thanks for sharing this potential ea. But how could you conclude this ea is the best? Can you please share with us the following information?
1. Profit it can make per month consistently?
2. Max Array and relative Array?
3. Which pair and which timeframe is it best on?
4. Profitable preset files?
Thanks a lot for providing above information
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