Market price is a non-stationary time series, so having access to a deeper history of the price could not improve the statistical parameters estimations of the current time However, a strategy which is able to extract partly the true signal (i.e., ...

One way to represent the market price (e.g., Forex, Stock, etc.) is to consider it as a signal plus noise that has a very low Signal to Noise Ratio (SNR). A tool to analyze such phenomena is Signal Theory. In this manner, a strategy is called to ...

Version 2.03 of MathTrader7_RenkoStreetEA has been released (I updated Post 1). In this version I fixed a bug with money management algorithm, simplified trailing stop loss settings, and embedded RenkoStreetChannel indicator into the EA. I am ...

Version 2.00 of MathTrader7_RenkoStreetEA has been released (I updated Post 1). In this version I have added a small panel to show the status of the trades. It has been compiled with MT4 build 1360.

Version 3.39 of MathTrader7_RenkoEA has been released (I updated Post 1). In this version a problem with stochastic filter has been fixed, and the EA has been compiled with MT4 build 1360.

Version 3.38 of MathTrader7_RenkoEA has been released (I updated Post 1). In this version a small panel to show the trade status has been added, and the EA has been compiled with MT4 build 1353.

Hi Hercs, To my understanding, the spread of your asset is not 40 points, it might be 4000 (four thousands) points. You shall set the max spread to, for example, 5000 points. /Matt

Hi Hercs! Yes, you can add it to the file name of the EA. It wouldn't affect the EA operation. /Matt

Version 3.37 of MathTrader7_RenkoEA has been released (I updated Post 1). In this version a bug related to the stochastic filter disabling fixed, and the EA has been compiled with MT4 build 1350.

Hi, I don't have such Renko trading EA, nor do I have time to develop it. But if you read posts in this thread, you might find some EA that trades similar to your strategy. /Matt

Hi, Unfortunately it is not possible to convert EX4 files to working EX5 files without a thorough programming effort. /Matt

Hi, One way (that I have already implemented in one of my own Renko builders) is to sync with the OPEN of the daily candle. I might add such functionality to the non-gap Renko creator EA as an option in the next versions. /Matt

Hi, I don't have the MT5 version. And I don't have time to work on it. /Matt

Hi, Below 3 seconds, according to my experience, is not reliable. Such charts shall be created by the broker (and needs support by the platform, as well). /Matt

Hi emmzett, Thanks for reporting your observation. As you have noticed, the EA algorithm has been written with the essential assumption of receiving all the ticks live. When one or more ticks are missing from the broker's server, there is no ...

You have to wait for N seconds for the first candle to form, another N seconds for the second candle and so on. There is no way to have history without having access to the history data of the real ticks (which is the case with MT4).

You can reach me by PM, or writing a shout in my profile. Such irrelevant post is not allowed in this thread. I had to dislike it. If you write any irrelevant post here, then I have to ignore you. There is nothing personal, please read the thread's ...

In Post 1, you can find some info about backtesting Renko EAs. For example, see this thread url

You are on the right track! Congratulations! By looking at the equity curve, I can say that if you perform a Monte Carlo sampling, due to long term drawdowns (specially in the beginning of the curve), it will show you a considerable probability of ...

Hi, Diamonds appear two candles after what you see on the screenshot. The fractals indicator is not working the way you think. Happy New Year! Matt