Topics
07 Aug 2014, 18:36
 4770
 6
Replies

baseboy
08 Aug 2014, 13:08

RE: range bars next

siamfx said:

cTrader recently added customizable Tick charts.  Range bar charts then others are on their todo list. As you know these other types of charts generated from tick don't use timing for scaling and ensuring their latest chart type work perfectly will take time. From experience, very few platforms produce a good alternative to japanese candlestick timebased charting and using offline charting through mt4 has never been easy with metaquote releases, and bugs. 

Since waiting sometimes isn't an option as trading must continue on. I'm working on a simple solution.its .NET and easy to work with.

What i have seen the platforms that include various types of chart are Multicharts, MT4, Nijitrader, and some non-famous platforms...etc. So, i think it is not hard to implement.

 However, the platforms which i mention have their disadvantage. Like MC's renko bar, i cannot modify it because they do not allow custom bar, and Mt4 has low efficiency on offline chart.

What you mean .NET? Do you develop your own platform? Maybe it is an easiest solution for me to avoid waiting.

May i ask what development module do you use to draw the "bar". I survey some .NET modules that can do this but they all expensive.  

So, do you mind give me more hints? That would be appreciated. 


@baseboy

baseboy
08 Aug 2014, 09:31

Sorry for the unclear statement.

The customized chart means that users can make their own type of bars, like renko, kagi, ..., other etc., and users can also make their own indis on these kind of chart.

In Mt4, there is an type of chart called offline chart that i can make an indi or bot to convert tick data to what i want, but the efficiency of this conversion is too slow for me. (My pc is i7 with 16GB rams, and i put mt4 on the ramdisk. Yet, It is still too slow for converting bars)

So, i recall there is an alternative option, calgo, which i was used two years ago, yet there is seemed that calgo still doesn't  have this capability to implement custom bars. So, i want to know if you have this plan on your roadmap. If yes, please give me an approximate date. Hope it doesn't take a  long time to accomplish. 


@baseboy

baseboy
30 Jun 2014, 17:17

i need renko bar, too. Plus, i wish the renko bar can be implemented with "shift pip". The shift pip means that if the trend is going one way, like uptrend, then the renko bar size can be reduce by some percentage, like R(orignal Renko Size) * 50% = 0.5R, for speeding up the trend. And, when it turn down the trend, the size of renko bar can be R + R*50% for reversing. The idea is from here, http://www.forexfactory.com/showthread.php?t=470219
It is very useful for me so that i really hope calgo can introduce it.


@baseboy