Monday, May 6, 2013

How to Install Renko Chart




Step by step to Install Renko Chart:

Step 1:
 Click Tools>Options Click



Click Tab Charts and check all boxs, Insert 9999999999999 to field Max bars in history and Max bars in chart.


Click Tab Expert Advisors and make sure to check all options like this picture below.



Then press OK

Step 2:
Attach your Trading System to your MT4 Folder.
Copy file Experts to folder
 C:\Program Files\Your MT4\experts
Copy file indicators to folder
 C:\Program Files\Your MT4\experts\indicators
Copy file template.tpl to Folder :
 C:\Program Files\Your MT4\templates

Step 3:
Open your MT4. Then open chart time frame 1 minute,example: EUR/USD TF 1M.Zoom out to smallest chart then press HOME key on keyboard several times.We do this step to get history data minimum 1 to 2 month ago.

Step 4:
Click view,navigator




Now drag-drop RenkoLiveChart_v3.2 EA to chart TF 1M.





Note: You can make choice about Renko BoxSize.But we recommend to you to use Boxsize 5 for Good result Scalping Mode.
Click OK and actived Expert Advisors such as this picture below:




Step 5:
And now,Renko Chart is running to your MT4 and Price Data from chart TF1 have been ready to used by Renko Chart Step 5 After EA Renko was installed to Chart TF M1,You can display the Renko chart .
Here the way:

Click File>Open Offline

>


 Find Chart Time Frame M2 in the list and then Click Open.



Now Renko chart is displayed in the chart M2 (offline). Keep in mind that in order to M2 Chart (offline) always update data from EA attached in the M1 Chart.You have to let M1 must go on (not to be closed), because the data rates of the M1 chart is used as a data feed to create M2 offline chart via EA
Here is an example of a finished Renko Chart without Template :

 



Step 6:

Attach your Template to the Chart.


Happy Trading






0 comments:

Post a Comment

◄ Posting Baru Posting Lama ►
 

Footer1

FOOTER 2

Footer 3