Hi, Would it be possible to add a feature of the EA? With a tight recovery zone if the price moves past the planned recovery buy/sell stop, the buy/sell stop is not opened and we get 'Error 130' with EA saying it cannot find the recovery buy/sell ...

Day 2 Tuesday 03.05.2011 Total Trades: 33 Profit Trades (% of total): 15 (45.45%) Net Profit in pips: 66.9 AVG win (pips): 11.83 AVG loss (pips + spread): -6.14 Average consecutive wins: 3 Average consecutive losses: 3

Forward testing of the strategy on demo accounts here: url

It works when you use the script instead of the EA you can get the script from here: url

You actually don't need a high probability of a winning trade to be successful. You could have as low as for example 20% win percentage and still be profitable, given that your win is large enough and your losses are small. Here back-testing and EAs ...

Forward testing is in the end the only way to test an EA. That said, if the results from forward testing match the results from back testing it's awesome I have a question about the possibly different results on a demo and a real account. it ...

I am considering starting an account with them because of their fixed 1 pip EURUSD spread and because they are an UK based broker. They are mentioned as a "preferred" broker here at Forex Factory so I was hoping to get more reviews and info about ...

Thanks CodeMeister and Knukk. This is an important and useful piece of information.

The EA has a money management option. I don't use stop loss. The maximum risk is calculated based on account equity. I think here's the part responsible for money management and order size: Cheers Paul

Thanks. I back-tested a year of EUR/USD data and it's looking good. Total trades: 6428 Initial deposit: 10000.00 Total net profit: 5290251.03 Win ratio: 36.01% AVG profit trade: 5694.27 AVG loss trade: -1918.79 Relative drawdown: 7.26% Maximal ...

I used the procedure in Aktur's pdf to back-test renko charts. url I started forward testing EA today on a demo account. We'll see if it'll go well

I got my hands on the EA and I have been doing some back-testing of EURUSD data on renko charts. I tried different parameters for Heiken Ashi and different sizes of renko blocks. So far I had the best results with 5 pip renko charts. EURUSD data ...

I second this request. But the thread is almost 3 years old. Maybe someone can make a working EA now but with optional SL and TP.

Try loading your Renko on a 1 min chart and try the indi (ver. 3.0) or the EA (ver. 3.2)

Honestly I don't know anything about coding. Maybe most of EA's are too complicated to work properly, too many factors included. The setup for this EA would be very simple: Entry long: Last candle of HA and HAS closed in the up direction. Exit long: ...

Here's anothar graph: 5 pip renko chart. The only buy and sell signals are the color changes of the Heiken ashi smoothed (HAS). Enter long: HAS candle closing as green Exit: HAS candle closing as white Enter short: HAS candle closing as white Exit: ...

Yeah, that's the problem. That's why I'm wondering if an EA would be helpful. Automatic buy and sell.