Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Has anyone successfully created a renko bar within powerlanguage code?
I've had many people suggest that I create my Renko bar within my indicator/strategy. Be honest, I'm not sure I'd know where to start.
I like the idea of the bars created within my code so I can test for optimal renko bar size, but again, I really don't know what to do...
So.... does anyone have suggestions or even better... code for renko bars? Mind you, I'm not looking for strategies, just the creation of renko bars within code (I assume based off of a tick chart).
Please let me know, I'm desperate.
Can you help answer these questions from other members on NexusFi?
OK, so after talking to a paid programmer and multicharts...
they said at this time it is not possible to build a renko bar within PL to display per se...
but it is possible to create a renko bar within code for the purpose of a strat. This is a consolation, and I can still work with this...
SO.... my question still stands...
Has anyone successfully constructed a flex renko bar within strategy code that can be used in conjunction with signal code? I am not looking for a working signal. Just looking for code that creates renko bar data within the strategy. My desire is to have INPUTs for the BOX SIZE, TREND OFFSET AND REVERSAL OFFSET, so I can run optimization tests to help determine optimal renko settings for my signal.
Hello, I have seen a renko indicator superimposed on time candle sticks. I remember playing around with it and tweaking it and I eventually lost it because I wiped my hard drive and reformatted my PC.
The way I found it was by searching for "easylanguage renko". Here it is I was able to find it again. Its from the
TradersLaboratory Forum.