RENKO MA EA
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Hi guys, has anybody had any success putting a Renko indicator, for example the OVO Renko designed for MT4 into a simple EA with a moving average crossover as entry exit points,
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@ralphy0 Personaly I don't. Could you please share the indicator?
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@l-andorrà Thanks for your interest Dave, OVOcz is a form of MT4 charting that takes the shit MT4 platform to a far more user-friendly level, probably a little expensive but well worth it if your interest is in keeping out noise and focusing on price movement. OVO Renko charts have variants including volume and price hybrids, Mean Renko, Point Original, Flex Renko, Range Bars Tick Bars and just being able to put any time frame you want on your MT4 charts without having to set up offline charts.
My goal is to set up a Renko EA . I'm not sure how difficult it is to import these types of indicators onto fxdreema? -
@ralphy0 Well, it is difficult. I strongly recommend you to search through the forum the key words 'renko bars' (titles only) and you will find many (a lot!) of threads talking about it. Take your time to read the most replied ones and you will have a fair view of the situation.
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@l-andorrà Thankyou, I will do that.
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@ralphy0 You're welcome.