I've been working on Renko charts and developing an EA which looks particularly good.
It's been said that back testing can sometimes give an exciting view of what would otherwise be an ordinary result in live trading. But my prototype is looking like it stands the test of time - In fact, it looks very stable and reliable.
I'd be interested to see whether anyone's having any success with EA's and fully automated trading.
My system uses RR ratio equal, does many trades and has consistent results. It is almost always in a trade, and I trade every move on the chart, in AUDUSD. Renko chart only, 10pip boxes and each tick mode. I use 5 lots for trades, test results do not include compounding, I imagine the results would be even smarter.
Below are results of my 2014 test;
It's been said that back testing can sometimes give an exciting view of what would otherwise be an ordinary result in live trading. But my prototype is looking like it stands the test of time - In fact, it looks very stable and reliable.
I'd be interested to see whether anyone's having any success with EA's and fully automated trading.
My system uses RR ratio equal, does many trades and has consistent results. It is almost always in a trade, and I trade every move on the chart, in AUDUSD. Renko chart only, 10pip boxes and each tick mode. I use 5 lots for trades, test results do not include compounding, I imagine the results would be even smarter.
Below are results of my 2014 test;