Category Other  Published on 02/04/2014

Renko Chart (not time based)

Description

Renko chart not related to timeframe.

The indicator draw a range chart for a symbol - each new bar generated on price change not according to time or timeframe

Please change the color of the original chart to black.

Sorry it's my 1st indicator in cAlgo... please comment and tell me if something wrong


u

Yasen's avatar
Yasen

Joined on 28.03.2014

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Renko Chart.algo
  • Rating: 5
  • Installs: 10407
  • Modified: 13/10/2021 09:55
Comments
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RO
rorione · 1 year ago

this does not show any renko bars on my chart

MU
mus.aitelhaj · 5 years ago

[rami.arafa1]

go ahead, i can help u with that if i see something i like ^^

 

RA
rami.arafa1 · 5 years ago

Hello, Would you contact me, I have stratagy. But I do not know how to make it algeratem code ! 

RO
robert.dms83@gmail.com · 6 years ago

again its appear as indicator not a chart type so price dont follow it ....please can u make Renko as real  chart type

OM
Omega · 6 years ago

Hi,

Congrats on the Renko Indicator.

I'm using your indicator with a setting of 5 pips and set the blocks to show at 1200 with magnification at 3. I've noticed that the indicator is redrawing sometimes in aras where it is retracing like 50 and 00. Please see screen shots below for a comparison of the Renko to the candles;

Candles

https://snag.gy/o6FM3e.jpg

Renko

https://snag.gy/9XCwIS.jpg

Would you be kind enough to offer up some ideas or comment on how we can deal with this.

Thanks in advance

O...

OM
Omega · 6 years ago

Hi,

Congrats on the Renko Indicator.

I'm using your indicator with a setting of 5 pips and set the blocks to show at 1200 with magnification at 3. I've noticed that the indicator is redrawing sometimes in aras where it is retracing like 50 and 00. Please see screen shots below for a comparison of the Renko to the candles;

Candles

https://snag.gy/o6FM3e.jpg

Renko

https://snag.gy/9XCwIS.jpg

Would you be kind enough to offer up some ideas or comment on how we can deal with this.

Thanks in advance

O...

RA
raphael.mca@hotmail.com · 7 years ago

Good afternoon my friend. I am interested in getting a cBot based on the Renko indicator, the rules of buying and selling are quite simple. I noticed that you are or were building a cBot based on this indicator. If you completed the creation of this cBot (based on the Renko indicator) could you help me? Or who knows how to share your cBot with me? Thank you and good luck.

RA
raphael.mca@hotmail.com · 7 years ago

 

Would anyone have the ability to create a cBot using this indicator as a reference?

CT
ctid204736 · 8 years ago

This used to work perfectly but for some reason when I click on the "+" button to add the indicator to a chart, a time-based indicator is also shown.  Any help in this regard would be greatly appreciated...

gainer's avatar
gainer · 8 years ago

Thanks, a very good job!

For those who have trouble seeing the Renko, I noticed that it works perfectly if I use any timeframe BUT DIFFERENT FROM M1

VL

Hi,

How do I use this Renko indicator in a Robot. I need to execute a buy order when the last 2 bars are green.

Thank you,

Vlad 

RA
rafaelkenzonakahara · 9 years ago

Hello,

After the last update in cTrader, Renko Chart stopped working. Does anyone know how can I get it to work again?

Thank you in advance,

Rafael

32
321qw · 9 years ago

Hi,

the renko works in general. But when I attach an indicator, it doesn't align with the renko bars. As you see in the screenshot, the 5 EMA fits to the turned off candlesticks.

Regards, coli

ED
Eduardo_Cerejo · 9 years ago

Hello,

Can someone tell me how you get to the renko chart after you run this indicator, I know on MT4 you have to go to the offline menu and get it from there but on Ctrader I have no idea where to get it.

DA
daniel.kovacik · 9 years ago

Hello, could you please translate to cTrader mean renko bars from http://www.fxcodebase.com/code/viewtopic.php?f=17&t=60743&hilit=mean+renko
Mainly for tick data, with FXCM its not working good with ticks because they have limit 5000 ticks. 
Tick data on 2 pips bricks and there will appear only 12 bricks :D

So, if you ll have some free time please help me with this.

Thanks

DK

AD
adil149 · 10 years ago

I cannot see it appearing on my chart

BA
baseboy · 10 years ago

Hi, 

Does the price on the renko chart be referred by other indicators,like moving average?

And, can you add the on/off switch to show the wick?

Yasen's avatar
Yasen · 10 years ago

I am using demo too... try Zoom/Unzoom?

WY
wyndham · 10 years ago

Hi Yasen, Same for me.  The chart does not show up at all.  I am using the demo platform at the moment, does that make a difference?

ATB

MR
mrlilkkk · 10 years ago

this is not showing up on my chart. what is wrong. What do i do?

Yasen's avatar
Yasen · 10 years ago

You can just make them all black by changing the colors bear outline and fill and and bull outline and fill to black...

MA
marcusrider · 10 years ago

How do you hide the candle sticks?

MA
marcusrider · 10 years ago

Thank you very much for this indicator. I will test it out and let you know what problems I run into.