Sunday 25 August 2013

Multiple Renko Charts in one Metatrader with no extra "Ticking" software

One of the issues encountered when using Renko inside of Metatrader is the fact that the refresh signal sent (PostMessage) by the generator is consumed by the first chart receiving it. In order to overcome this problem, the generator needs to be modified to recreate the offline chart (.HST) in a continuous loop. In the following example, a proprietary generator is used to produce BOTH a EURUSD and a GBPUSD chart within the same instance. Any EA attached to the charts needs to employ techniques to detect "Aged Quotes". These occur as the generator causes them to be ticked on each throttled cycle, but also occur in real-life after weekend server switch-offs.