This EA attaches to a chart (1M chart is best) and then builds a new offline chart with Renko boxes.
This version was built off of v4.12 ... I don't remember where I got it, it took forever to find it in the first place.
There are videos all over youtube to see how to use the chart and conversations galore on why this is or isn't a better trading strategy. Let's leave those comments in the other forums.
This is now v4.13 of the EA. The modifications I have made are as follows:
Aug 22 2014 (Tim Welch) (v4.13):
Added a startup option (BuildChartsWhenMarketOffline) to build the offline charts when inside of the OnInit() for times when the market is closed
Changed the RenkoBoxSize variable from an INT to a DOUBLE for 5 digit currency accuracy (i.e. 5.5 == 55 pipettes)
Download here
Hey Everybody,
BalasHapusBelow is a list of the highest ranking forex brokers:
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Hopefully these lists are helpful to you.
Hey Ya'll,
BalasHapus"Which Forex pair and time frame is best to trade" is the frequently asked question and I want do give you the EXACT ANSWER in this comment.
Are you expecting that I am going to say something like EUR/CHF on 5-minute time frame or GBP/USD on weekly...? No, it is not so simple, but SIMPLE ENOUGH we can figure it out!
The "PROBLEM" is that markets change over time. If EUR/USD was a well trending currency pair a few years ago, today it is another one.
I actually want to let you know about a SPECIAL TOOL that I use to find the BEST TRENDING PAIRS among all the Forex pairs.
LINK FOR SOFTWARE: ForexTrendy
The software examines 34 Forex pairs on all time frames from minute to monthly. This way you pick the best trending pair and time frame at the current time.
LINK FOR SOFTWARE: ForexTrendy