I want to start this new year with one of the most important decisions that need to be taken when you decide to move from time based charts to no-time-based ones. Like for timeframes it all depends on the kind of trading that you want to do.

You can use small boxes size a very few pips like 2 or 3 for scalping. More for medium term trading and tens of pips for longer terms ones.

I open a H1 chart of the pair I want to trade. And then I apply a period simple moving average to the ATR. Doing so I calculate a sort of weekly average volatility. The value of the moving average of the ATR can be something like 0. I use to round that value to the closer 5 pips so if I have a result of 14 pips I use 15 pips, if I have 12 pips I use 10 and so on. And here are value for some commodities:. Your email address will not be published. You may use these HTML tags and attributes: Looking forward to Renco charting.

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I was always tempted to explore this but never took the plunge you could say. Hello sir, Thanks for this information.

I have a question though. What is the purpose of the rounding up or down to the nearest closer george bayer time factors in the stock market pip bar?

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Would it noe bet better to use the actual bar size given by the ATR calulation and optimize the EA based on this? I am rtunning 15 pairs this week including gold. I am using a basic MA cross EA to determine if rounding is better or not.

Your input would be greatly appreciated. So right that I decided not to round up in our version of the RenkoLiveCharts but use the exact value. Is there any further step to beware? Hi chuks, thanks for your interest, please fill in the form on this stock options cpe We decided to search free renko forex charts an EA using Renko and I came home and started to Google free renko forex charts it.

To my surprise after checking a couple of websites out I found myself on pimpmyea. You are busy with exactly what we were discussing about. We are very VERY interested in the HART EA. What you say it can do is, as I have said, exactly what we were talking about. What do we have to do?

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Hi Graham, please check this link: Hi, you can use our free RenkoChartLive EA that generates Renko charts on the MT4 platform. You can get it here: Home ELITE PimpMyEA ELITE Subscription Elite Members Area EAs ConcertoFX Forte4Renko ForteFX FortissimoFX HART OndaFX One4All PercivalFX PotenzaFX DLS Trader EA ReticoloFX Spaghetti Trader EAs Indicators Correlation Matrix Cruscotto DuettoFX Forex Diver FuturoFX MondoFX NuovaFX PaniereFX PotenzaFX PotenzaFX Groups PowerBarsFX RangoFX RepetitaFX ResistenzaFX ScissorsFX SintesiFX SpaghettiFX Mobile Apps Forex Dashboard Android App Freebies Free 1 Week Trial Forex Dashboard Web App Forex Treemap Web App Free Renko Kit Fuzzy Indicators HullMA Based Indicators Ordini Indicator Price Speed And Acceleration Trading With DuettoFX Trading With One4All Trading With PotenzaFX Trading With ReticoloFX Trading With SintesiFX Affiliates Contact.

How To Determine A Good Box Size For Renko Charts 11 This entry was posted in PimpMyEA on January 2, by Paolo. For an average calculation I use a simple yet quite effective method.

And here are value for some commodities: Andrea and Paolo Print PDF. Leave a comment Cancel reply Your email address will not be published. Facebook Auto Publish Powered By: