Home › Forums › Indicator discussion › MTH Renko Builder Indicator
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SUHUATW.
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[ ]January 9, 2015 at 3:50 pm #3609Inactive
Strange, I have the same problem. SSA Cycle eats up all my CPU.
But no Memory Leak. Memory stays the same.Could be a loop that is running on every tick a few times to often. The more ticks are coming in the harder it gets to process for my CPU
Strange, I have the same problem. SSA Cycle eats up all my CPU. But no Memory Leak. Memory stays the same. Could be a loop that is running on every tick a few times to often. The more ticks are coming in the harder it gets to process for my CPU
Hi Brother, do you download SSA CycDiv from this thread ?, and try to set bar limit under 1000 bars ?
I still learning what the problem is ?, because ‘she’ running well in my several MT4 build 765.
Best regards
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/[ ]January 9, 2015 at 7:37 pm #3625InactiveYes, I downloaded the .rar file in this thread.
Uh no. I haven’t thaught about reducing the bars http://penguintraders.com/wp-content/plugins/wp-monalisa/icons/wpml_wacko.gifI’ll try it out and report back
Dear Mr Kiads,
Thank’s for your advice I will check the memory leak and my computer to the service center.
Regards’
Happy
[ wolf schiller ]January 13, 2015 at 10:29 pm #3910Hi KIADS
I am glad I found you again to thank you for your great work and sharing!!!!
These guys at FF are really stupid.
Regards Wolf
[ BalrogTrader ]January 13, 2015 at 10:45 pm #3911Still reading, still learning… Being facinated on almast every page.
Not yet ready to fly around but please see my current interface below that I stare frequenly. 1 week ago, this interface meant nothing to me. Now it has wast amount of information burried within.
Solid results -hopefully- coming soon.
All thanks to you Kiads.
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[ BalrogTrader ]January 14, 2015 at 12:51 pm #3977Hi MTH,
Please find my first deliberate success trade below. Because I’m still a newbie and not having a solid understanding of MM, I chickened out and let additional 20 pips on the table and took 13 pips in total. But no need to hurry. Once we have a good -i.e. working- trading strategy we can always apply it. In another time, in another pair.
Thanks again and sorry for bothering you.
What next?
1. More reading to be done (I still need to find out the meaning of stars; also other than TZ appears 3%, I don’t know how to use TZ development, etc…)
2. More reading to be done (basic MM philosophy, simple practical rules, etc…)
3. More screen time (baby is born but still too fragile)
4. More reading to be done (PiratePip’s psychological development is necessary)
5. Maybe starting a journal thread to share/discuss trading decisions and current account situation…
I’m open to any suggestions.
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[ LearnAlways ]January 14, 2015 at 1:26 pm #3981Hi MTH, Please find my first deliberate success trade below. Because I’m still a newbie and not having a solid understanding of MM, I chickened out and let additional 20 pips on the table and took 13 pips in total. But no need to hurry. Once we have a good -i.e. working- trading strategy we can always apply it. In another time, in another pair. Thanks again and sorry for bothering you. What next? 1. More reading to be done (I still need to find out the meaning of stars; also other than TZ appears 3%, I don’t know how to use TZ development, etc…) 2. More reading to be done (basic MM philosophy, simple practical rules, etc…) 3. More screen time (baby is born but still too fragile) 4. More reading to be done (PiratePip’s psychological development is necessary) 5. Maybe starting a journal thread to share/discuss trading decisions and current account situation… I’m open to any suggestions.
Hi BalrogTrader,
I think if u change the settings on your M1 Renko Builder Indi – “UseBrickTimeStep” set to false, your renko chart will look much better or neater. Try it and u will know. This is what Kiads advised me to do in the first place. Try it, and thanks to Kiads for sharing his knowledge.
Edit: Sorry I didn’t see your settings at Stoch instead of GeoMedian, so my above sentence might be wrong, pls consult the master expert on Stoch settings and ignore me. And basically I’m curious also on stoch. I haven’t really study renko as My MT4 seems to freeze quite badly, I’m not sure its the renko or other indicators I placed. Need further investigation.
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This reply was modified 8 years ago by
LearnAlways.
I only know I know nothing
Skype: learnalways@outlook.comHi MTH, Please find my first deliberate success trade below. Because I’m still a newbie and not having a solid understanding of MM, I chickened out and let additional 20 pips on the table and took 13 pips in total. But no need to hurry. Once we have a good -i.e. working- trading strategy we can always apply it. In another time, in another pair. Thanks again and sorry for bothering you. What next? 1. More reading to be done (I still need to find out the meaning of stars; also other than TZ appears 3%, I don’t know how to use TZ development, etc…) 2. More reading to be done (basic MM philosophy, simple practical rules, etc…) 3. More screen time (baby is born but still too fragile) 4. More reading to be done (PiratePip’s psychological development is necessary) 5. Maybe starting a journal thread to share/discuss trading decisions and current account situation… I’m open to any suggestions.
Hi Brother, Congratulations.. you do your homework successfully..
Your Renko Chart set up is great.. keep practicing Brother..
Wish You All The Best..
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/[ BalrogTrader ]January 14, 2015 at 3:05 pm #3995Kiads thanks a lot for your time and effort. LearnAlways, thanks for your contribution. I hope we’ll all go in the right direction thanks to our masters.
Selamunaleykum you all.
Nothing has ever motivated me more than this...
Dear Kiads
When we use Renko charts with MTH SSA CycDiv indicator, we can see max 5000 bars of history in our charts.
If I want to re-visit my charts of a specific date ie 3 months ago, is there a way to see charts with SSA CycDiv indicator of a date that far behind without changing my brick size?Thanks in advance
Dear Kiads When we use Renko charts with MTH SSA CycDiv indicator, we can see max 5000 bars of history in our charts. If I want to re-visit my charts of a specific date ie 3 months ago, is there a way to see charts with SSA CycDiv indicator of a date that far behind without changing my brick size? Thanks in advance
Hi Brother,
It is depend on your base chart, if your M1 candlestick chart has data for more than 3 months ago, you could look at the total bars/candles of M1 chart. For example 1440 bars x 70 days = 100800 bars, so you could use let’s say 100000 bars as your Maxbars in your renko chart builder indicator setting and also in your SSA CycDiv Bar Limit.. also you should check your Tools/Option/Chart ( ctrl+O) tab Chart to change your Max Bars in History and Max Bars in Chart. But this is for sure will slowdown your MT4.
Alternatively, if you don’t need accuracy in detail bricks movements (as with M1 as your base chart), you could use H1 as your base chart by change it in your renko chart builder indicator setting (Source TF =60). and follow your H1 chart total bars (hoover your mouse cursor at your pairname tab to see total bars) as your MaxBars. You will get more ‘smoother’ renko chart because the ‘builder’ will only look at H1 candle final bars shape for ‘her’ renko bricks direction.
Hope it help and best regards
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/Thank you Kiads for your friendly and fast responce.
Unfortunately the range of SSA CycDiv in my charts is restricted to 5000.
If I change this number to anything bigger, nothging changes.
On the contrary I can set the range of my Renko builder to 100000 bars and have the desired period in my charts.
But I see the SSA CycDiv of the last 5000 bars only
Any ideas?
Thank you Kiads for your friendly and fast responce. Unfortunately the range of SSA CycDiv in my charts is restricted to 5000. If I change this number to anything bigger, nothging changes. On the contrary I can set the range of my Renko builder to 100000 bars and have the desired period in my charts. But I see the SSA CycDiv of the last 5000 bars only
Any ideas?
Hi Brother, Forgive me to make you in trouble..
Please try this one..
maybe ‘she’ can help you..
Best Regards
MTH
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http://www.binaryoptionsedge.com/[ BalrogTrader ]January 19, 2015 at 1:13 pm #4222Master,
I had another terrible resulting day last week. I think I need something else. You have mentioned this by stating that you don’t blindly follow (Geo-renko+BB+SMA 17) combination. I think I have to learn to read the major trend first. Because (Geo-renko+BB+SMA 17) combination will suggest you to follow all (minor + major) trend moves.
Yet the outer signal is truely a continuation signal in almost all cases.
Best regards…
Nothing has ever motivated me more than this...
Master, I had another terrible resulting day last week. I think I need something else. You have mentioned this by stating that you don’t blindly follow (Geo-renko+BB+SMA 17) combination. I think I have to learn to read the major trend first. Because (Geo-renko+BB+SMA 17) combination will suggest you to follow all (minor + major) trend moves. Yet the outer signal is truely a continuation signal in almost all cases. Best regards…
Hi Brother, when You use Renko Chart, I also suggest you to use Sergio Borsani Mini Chart Gold Indicator in your Renko Chart. So, you could monitoring your pair movement in any TF Levels, from M1 to D1 or even W1 and MN. and you can ‘feel’ the big picture.. where actually current major trend direction. By knowing current major trend direction, you could only pick signals from your renko chart that confluence with major trend, and could reduce your trading risk..
Hope it help and best regards
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/[ BalrogTrader ]January 19, 2015 at 7:09 pm #4233Thanks a lot Master,
I’ll read -and try- the whole thread of Sergio Borsani after finishing ARTS and TZ threads…
Best regards.
Nothing has ever motivated me more than this...
[ BalrogTrader ]January 22, 2015 at 9:18 am #4358Master,
Sorry for going a little off topic (result of natural evolution of thoughts/reading more) but please take a look at the trade below: 74 pips and totally deliberate, that is to say no luck involved.
All thanks to you and other masters…
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Master, Sorry for going a little off topic (result of natural evolution of thoughts/reading more) but please take a look at the trade below: 74 pips and totally deliberate, that is to say no luck involved. All thanks to you and other masters…
Hi Brother, Great to see you achieve your success,
I don’t know if this really your style but I think you should consider your Money Management better..
Playing 1 lot with Gold/XAUUSD, even if you put tight stop loss can’t guarantee your safety 100%, remember what happen with previous CHF Black Thursday.. None of Stop Losses work in any brokerages.. in such events..
And during this currencies war moment forward, we will see similar events again and again.. so, be very careful with your Money Management..
Wish You All The Best
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/[ BalrogTrader ]January 22, 2015 at 11:50 am #4367Master, Sorry for going a little off topic (result of natural evolution of thoughts/reading more) but please take a look at the trade below: 74 pips and totally deliberate, that is to say no luck involved. All thanks to you and other masters…
Hi Brother, Great to see you achieve your success, I don’t know if this really your style but I think you should consider your Money Management better.. Playing 1 lot with Gold/XAUUSD, even if you put tight stop loss can’t guarantee your safety 100%, remember what happen with previous CHF Black Thursday.. None of Stop Losses work in any brokerages.. in such events.. And during this currencies war moment forward, we will see similar events again and again.. so, be very careful with your Money Management.. Wish You All The Best MTH
Master,
I came to the same conclusion, that’s why I finally moved to a demo account (hence 1 lot XAUUSD transaction, otherwise no-one could force me to go further that 0.1 lot). Anyway, I strongly feel the need to learn Money Management in FX. Is there a good source that gives more solid information than (use small leverage; if you can’t sleep on the trade than…; always use SL; ….) kind of brief info? A book or another thread etc…
Or,
Do I have to live-and-learn or develop my of know-how?
Thanks for your time and effort Master.
Nothing has ever motivated me more than this...
Master, Sorry for going a little off topic (result of natural evolution of thoughts/reading more) but please take a look at the trade below: 74 pips and totally deliberate, that is to say no luck involved. All thanks to you and other masters…
Hi Brother, Great to see you achieve your success, I don’t know if this really your style but I think you should consider your Money Management better.. Playing 1 lot with Gold/XAUUSD, even if you put tight stop loss can’t guarantee your safety 100%, remember what happen with previous CHF Black Thursday.. None of Stop Losses work in any brokerages.. in such events.. And during this currencies war moment forward, we will see similar events again and again.. so, be very careful with your Money Management.. Wish You All The Best MTH
Master, I came to the same conclusion, that’s why I finally moved to a demo account (hence 1 lot XAUUSD transaction, otherwise no-one could force me to go further that 0.1 lot). Anyway, I strongly feel the need to learn Money Management in FX. Is there a good source that gives more solid information than (use small leverage; if you can’t sleep on the trade than…; always use SL; ….) kind of brief info? A book or another thread etc… Or, Do I have to live-and-learn or develop my of know-how? Thanks for your time and effort Master.
Hi Brother, Please don’t call me Master.., just call my nickname is ok for me..
Common way to do Money Management is base on your risk.., in my personal opinion, there’s different risk between Long and Short Positions. When you open Long and Short positions in one pair at same price, with same lot allocation, your Long position is far less risky than your Short position. Indeed you can use SL to measure and limit your exact risk, but is not always work.. as I mentioned before.
So, the best risk calculation is always your Equity Strength.. , let say for example in EURUSD price 1.5000 when you open Long position, then your Equity Ideally should stand draw down until EURUSD price 0.0000..lol. and that meaning your Equity strength should be 15.000 point x your Lot used. That because Long positions always finite risk to zero, while Short positions always infinitive risk to the above.
Brother, when you practicing with demo account, it is better if you always set your initial deposit equal to deposit that you planning to put in your real account. With this practice, you could train your Mentality/Psychological Management in same level with your real account, and you could maintain your trading behavior when you ready to playing your real account.
When you use demo account with 100k deposit, and your real account is 10k deposit, then the ‘pressure’ will be so different, you will tend to reckless because you already practice with ‘fake joy’ of big lot from your demo account.. that could become your sub-consciousness problem in your trading journey..
Once again please forgive me to talk to you with honest and straight forward.
Wish You All The Best
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/[ BalrogTrader ]January 23, 2015 at 8:59 am #4379Hi Brother, Please don’t call me Master.. just call my nickname is ok for me..,
OK Kiads, no problem. But please know that I’ll always see you as a Master.
Common way to do Money Management is base on your risk.., in my personal opinion, there’s different risk between Long and Short Positions. When you open Long and Short positions in one pair at same price, with same lot allocation, your Long position is far less risky than your Short position. Indeed you can use SL to measure and limit your exact risk, but is not always work.. as I mentioned before. So, the best risk calculation is always your Equity Strength.. , let say for example in EURUSD price 1.5000 when you open Long position, then your Equity Ideally should stand draw down until EURUSD price 0.0000..lol. and that meaning your Equity strength should be 15.000 point x your Lot used. That because Long positions always finite risk to zero, while Short positions always infinitive risk to the above.
Thanks for the explanation. I need to absorb these ideas more.
Brother, when you practicing with demo account, it is better if you always set your initial deposit equal to deposit that you planning to put in your real account. With this practice, you could train your Mentality/Psychological Management in same level with your real account, and you could maintain your trading behavior when you ready to playing your real account. When you use demo account with 100k deposit, and your real account is 10k deposit, then the ‘pressure’ will be so different, you will tend to reckless because you already practice with ‘fake joy’ of big lot from your demo account.. that could become your sub-consciousness problem in your trading journey..
Very important warning from the more experienced to the less experienced. Thank you
Once again please forgive me to talk to you with honest and straight forward. Wish You All The Best MTH
This attribute does not need any forgiveness. You are a good person trying to warn the inexperienced. I don’t see any bad here.
Well thanks again Kiads.
Best regards.
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Nothing has ever motivated me more than this...
hi kiads
, my friend.
good to see you here and thanks for letting us know about this site.
nothing can deviate you from helping others.
keep going..
hi kiads
, my friend. good to see you here and thanks for letting us know about this site. nothing can deviate you from helping others. keep going..
Thank You Brother, nice to see you here too..
if you don’t mind please contribute with your great ideas and advices for us..
Best regards
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/This reply has been reported for inappropriate content.
Hi, Dear Kiads, it’s really strange that I can’t see your pictures posted in the thread, and I can see other guy’s picture. I have changed my Chrome to IE, but it’s still the same. I don’t know why, you can see my attachment.
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