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submitted by shinigamidoge to moddedandroidapps [link] [comments]

Problem with Open and Close Price on Renko Chart (EA)

I apologize ahead of time if this is posted somewhere. I've been digging for hours on end and haven't found an explanation.
I understand I'm running an EA on top of another EA and some values will not line up. I want to double check to make sure the problem isn't something small that I am doing
So, I am running MathTrader7_Renko EA to create a Renko chart in MT4. Then on top of that, I am trying to run a simple EA from Forex Strategy Builder Pro.
Open:
Bar Opening
Candle Color (Bullish Candle Formed, 3 consecutive)
Close:
Bar Closing
Candle Color (Bearish Candle Formed)
http://imgur.com/a/X3AMZ
Everything about that seems to work fine, except the Bar Opening Price is different from the actual bar price.That seems to be the only thing holding the EA back from executing.
It works with a regular "online" chart but not for the Renko EA offline chart.
I guess my question is if there is an easy fix/run around for this or is something in the Renko EA messing with the value?
Thank you
submitted by Kube_ski to algorithmictrading [link] [comments]

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The Simple Renko Trading Strategy is a very effective trend-seeking technique, highly suitable for mid-term and long-term traders who tend to profit from trending market conditions. With a lot of big advantages mentioned above in addition to a high win-rate, we believe this trading candidate can make you huge returns in the long run as long as you strictly stick to its trading rules. Of course ... Simple forex trading strategy with Renko charts Posted by ranga on March 11, 2017 2 Comments » A simple forex trading strategy is something that we as traders love to get our hands on. However, the term simple forex strategy can be very subjective and depends on the person you ask. For one trader, a simple trading strategy might be one that has just a few indicators. For another trader, a ... Renko Trading Strategy For Forex And Stock Market 1. How is a 100 Renko brick formed? • a new green renko bar forms only after the current price exceeds the top of the previous Renko bar by 100 pips. • the closing price of a green Renko bar is also the high for the green Renko bar. • a new red Renko bar forms only after the current price surpasses the bottom of the previous Renko bar by ... Profitable Renko Strategy – Building your Account, One Brick at a Time. The Profitable Renko Strategy is designed to remove a lot of the market noise generated by the standard candlestick charts. If you’re tired of using the same old Japanese candlestick charts, we like to introduce you to the Renko charts. Hi, my name is Jerry and I’m a Commodity Trading Advisor with a Series 3 and Series 34 license from Chicago. Over the past 4 or 5 years I have provided invaluable training and coaching to 500+ forex traders just like yourself from all over the world. I teach them how to trade forex with my simple renko strategy for forex renko charts. 5. Your Renko Chart is now Active. What we are doing here is that we are getting the Renko_mod.mq4 EA to generate a renko chart in offline mode but updates on live basis. Now on the current chart you can see renko bricks of 10 pips each. Now add EMA 50 and EMA 21 indicators to your chart and we are done! The Rules of the strategy are very simple! While the conventional charts such as Candlesticks, Bar Chart or Line chart might not be offering you a good amount of success, the Renko scalping system makes for a simple and a profitable trading strategy. Of course, this simple Renko scalping system is by no means the Holy Grail and this system is also susceptible to losses. However, the odds of achieving a high probability of success comes ...

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Renko Bars + Moving Average Trading Strategy - YouTube

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