In the second set up only one trade was triggered cos there was no clean open between the ma's
Just my candid opinion..................
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Dislikedhi maxzeus - what are the best C.C.I. parameters ? Athravan proposed only 8 ... but as I remember you dont use these small numbers ?
@ Athravan - do you still use thigt numbers for the CCI ? So which parameters are at the end the best for this renko EA ?
Perhaps I will change from AO to CCI ?Ignored
DislikedWhen this EA catches trends, it really does well!
How do we stay out of the ranging periods? I see Seller9 has posted a v2 with some changes I don't yet understand - these may cover off my first point:
1. Can we wait for the MAs to cross with some clear space between them. I have seen mention across the web of this MA cross strategy being good when you can wait for clear space beyond the cross. This would still keep the simplicity without additional indicators.
[b]2. CCI (34) as an indicator. When the MAs cross and give a signal, we wait for...Ignored
DislikedYou can make EAs do anything you want them to by just picking the right area of the chart to make your video of. If your selling a trend EA then pick a chart with a nice trend to it and your EA looks great and will sell thousands, its all part of how to advertise a product.
There are tons of 99 dollar EAs on the market that have remarkable looking backtests, seems they never lose until you buy it, then they can't seem to win.Ignored
DislikedOn video EA didn't trade during choppy market, that's the point to find out why and what settings are on video. here is EA...Ignored
DislikedOn video EA didn't trade during choppy market, that's the point to find out why and what settings are on video. here is EA...Ignored
DislikedUnfortunately I'm not a coder...
...you can modify this EA in MT4, but I don't understand what it does
Regards
AthIgnored
DislikedAfter a quick look at the code and the default settings it looks like the entry is using the 50 sma. Candle Open and Close above 50 sma for a Buy and Candle Open and Close below 50 sma for Sell.
int signal(int mode,int pos){
double ma=iMA(NULL,0,maperiod,0,mamethod,maprice,pos);
if((entrymode==0 && Open[pos]>ma && Close[pos]>ma) || (entrymode==1 && Open[pos]<ma && Close[pos]>ma))if(mode==0)return(1);
if((entrymode==0 && Open[pos]<ma && Close[pos]<ma)...Ignored
DislikedFirst post here at FF and nice work seller. Thought I'd comment on the commerical script listed previously for backtesting renko charts. I bought the software package three months ago and would highly recommned it if you trade renkos, which I almost exclusively do. It does have it's weaknesses (like not always being triggered by tight trailing stops) but works well if your EA's open and close based on prior bar data.
I've included two backtests (five months of data, most my broker had for M1 chart) for RB_V7 and the recently added MA Trail EA....Ignored
DislikedI have d adx renko running on 3currencies.Yesterday it did fairly okay with with 10 trades overall-4breakens,3 gains and the rest lossers.......due to d ranging conditions (eur bank holiday)
During the asian market,it took 3trades, all of them winners 104pips in all.
At d start of the eur market, 2 trades triggered and are already in profits but the uchf trade did not.......wondering why(see chart) yellow arrow
Guess i can't pick it all.............
Am already running this setting on a live account n noticed that d ea takes the trade...Ignored
Dislikedits time to exit cos adx is falling with a gain of 54pips ..............(chart 1)
Wait a minute,d uchf trade just triggered after i exited the eu trade i get it......d setting says 2trades.......duh I'll just change that to 3trades (chart 3)Ignored
DislikedAnd I thought I was missing something too! All I could see was the MA50, and then a lot of money management and order management code.
I was looking for some magic ingredient in there - the only reference to something I've not seen before is to an Alembert module.
Google him (he was a mathematician who invented something similar to Martingale)...
I changed the default from 50 to 10 to speed things up a bit, but it hasn't placed a trade on any of my 7 pairs at all...
I shall keep the faith with the RB EA and the MA Cross EA until...Ignored
DislikedThanks a million for testing!
Could you try smaller period for MA, or maybe optimize just ma period from 1-10 and ma method.Ignored