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Renko Trading Discussion

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  • Post #1,541
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  • Jan 13, 2021 4:14am Jan 13, 2021 4:14am
  •  MathTrader7
  • Joined Aug 2014 | Status: Trading | 2,145 Posts
Quoting ancore
Disliked
Is it possible to use with version 4.00 build 1320? or any plan to upgrade bots in future? ? If not, how can i download any old version as build 1126 ? Thanks in advance
Ignored
I will recompile all the EAs with the latest build of MT4 and upload them to Post 1.
Trading is the hardest way to make easy money...
 
2
  • Post #1,542
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  • Jan 13, 2021 5:55am Jan 13, 2021 5:55am
  •  Davidh061
  • Joined May 2014 | Status: Member | 560 Posts
DAX trade, open at 13925, close at 13890, +34. 10pip and 5 pip bricks
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Name: GER30(£) 13_01c.png
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Everything should be made as simple as possible, but no simpler - Einstein
 
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  • Post #1,543
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  • Jan 13, 2021 7:55am Jan 13, 2021 7:55am
  •  Hutch
  • Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,906 Posts
Quoting Davidh061
Disliked
DAX trade, open at 13925, close at 13890, +34. 10pip and 5 pip bricks {image}
Ignored
Lucky you my broker lowered my leverage on CFDs.
Attached Image
 
 
  • Post #1,544
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  • Jan 13, 2021 8:06am Jan 13, 2021 8:06am
  •  Davidh061
  • Joined May 2014 | Status: Member | 560 Posts
Quoting Hutch
Disliked
{quote} Lucky you my broker lowered my leverage on CFDs. {image}
Ignored
Hi Hutch, that's annoying! It's not as if the market is completely wild at the moment.
Everything should be made as simple as possible, but no simpler - Einstein
 
 
  • Post #1,545
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  • Jan 14, 2021 8:37am Jan 14, 2021 8:37am
  •  Davidh061
  • Joined May 2014 | Status: Member | 560 Posts
Slow DAX day, nearly 3hours in a ~30pip channel
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Everything should be made as simple as possible, but no simpler - Einstein
 
 
  • Post #1,546
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  • Jan 26, 2021 8:27am Jan 26, 2021 8:27am
  •  ancore
  • | Joined Jan 2021 | Status: Member | 8 Posts
Thank you MathTrader for your great work programming robots for renko candles. If it is not too much trouble, could you tell us if it will take many weeks to recompile the robots? I have an account on a private server, in case you need to test the Holy Grail robot xD
Thank you MathTrader for your great work programming robots for renko candles. If it is not too much trouble, could you tell us if it will take many weeks to recompile the robots? I have an account on a private server, in case you need to test the Holy Grail robot xD
 
 
  • Post #1,547
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  • Jan 29, 2021 7:52am Jan 29, 2021 7:52am
  •  Davidh061
  • Joined May 2014 | Status: Member | 560 Posts
DAX +6 and +20 long trades off the 13550 line. 5 pip and 10 pip bricks.
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Everything should be made as simple as possible, but no simpler - Einstein
 
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  • Post #1,548
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  • Feb 2, 2021 2:57pm Feb 2, 2021 2:57pm
  •  MathTrader7
  • Joined Aug 2014 | Status: Trading | 2,145 Posts
Version 1.04 of Renko Meta RSI EA released (I updated Post 1). See a backtest here (10 pips Renko).
Trading is the hardest way to make easy money...
 
3
  • Post #1,549
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  • Feb 5, 2021 3:01pm Feb 5, 2021 3:01pm
  •  ancore
  • | Joined Jan 2021 | Status: Member | 8 Posts
Good morning, I've been backtesting with renko candles, but it always gives me a lot of mismatched chart errors. Anyone can tell me how can I backtest that of 0 errors?

I have to thank Mathtrader7 and everyone who helps to create renko candle robots.
 
 
  • Post #1,550
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  • Feb 9, 2021 9:15am Feb 9, 2021 9:15am
  •  Davidh061
  • Joined May 2014 | Status: Member | 560 Posts
DAX +3, -2 earlier then +14 long from 14015, slow day
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Everything should be made as simple as possible, but no simpler - Einstein
 
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  • Post #1,551
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  • Feb 10, 2021 8:49am Feb 10, 2021 8:49am
  •  Puccini
  • | Joined Apr 2017 | Status: Member | 46 Posts
Hi there gang,

I am trying to learn to trade using renko, but got a bit of an issue. I got some kind of EA that makes the renko candles, but it is a complete crap. I open the offline chart and yes it draws the renko bricks, but that's it, they are never updated. In order to see the changes after a certain time, o when logging back in, I need to close that offline chart and generate a new one. And again, I will see renko as of that time, but I will not get new bricks added to it unless I close and open a new offline chart again....

Could anyone be so kind and share with me an actual renko indicator/EA that does work and paint renko candles in real time?
 
 
  • Post #1,552
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  • Feb 10, 2021 9:17am Feb 10, 2021 9:17am
  •  Davidh061
  • Joined May 2014 | Status: Member | 560 Posts
Quoting Puccini
Disliked
Hi there gang, I am trying to learn to trade using renko, but got a bit of an issue. I got some kind of EA that makes the renko candles, but it is a complete crap. I open the offline chart and yes it draws the renko bricks, but that's it, they are never updated. In order to see the changes after a certain time, o when logging back in, I need to close that offline chart and generate a new one. And again, I will see renko as of that time, but I will not get new bricks added to it unless I close and open a new offline chart again.... Could anyone be...
Ignored
Hi Puccini,
See post #1 of this thread for a Renko EA which is very reliable. I use MathTrader7's non gap Renko all the time for live trading, I've posted a few charts on this thread using this EA. Cheers, Dave
Everything should be made as simple as possible, but no simpler - Einstein
 
1
  • Post #1,553
  • Quote
  • Feb 10, 2021 9:57am Feb 10, 2021 9:57am
  •  Puccini
  • | Joined Apr 2017 | Status: Member | 46 Posts
Quoting Davidh061
Disliked
{quote} Hi Puccini, See post #1 of this thread for a Renko EA which is very reliable. I use MathTrader7's non gap Renko all the time for live trading, I've posted a few charts on this thread using this EA. Cheers, Dave
Ignored
Great, thanks. Just one question - how come some bricks are double the size?
 
 
  • Post #1,554
  • Quote
  • Feb 10, 2021 10:04am Feb 10, 2021 10:04am
  •  Davidh061
  • Joined May 2014 | Status: Member | 560 Posts
Quoting Puccini
Disliked
{quote} Great, thanks. Just one question - how come some bricks are double the size?
Ignored

See MT7's EA thread here for explanation: https://www.forexfactory.com/thread/...art-creator-ea
Everything should be made as simple as possible, but no simpler - Einstein
 
1
  • Post #1,555
  • Quote
  • Feb 11, 2021 6:33am Feb 11, 2021 6:33am
  •  Davidh061
  • Joined May 2014 | Status: Member | 560 Posts
US30 +13 long off 31485, 5 pip bricks
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Everything should be made as simple as possible, but no simpler - Einstein
 
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  • Post #1,556
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  • Feb 11, 2021 1:12pm Feb 11, 2021 1:12pm
  •  Hercs
  • Joined Jan 2006 | Status: Senior Member | 643 Posts
Hi Matt,
Here are the results of today's trades before I stopped it due to bad results of the latest MT7_RenkoMetaRsiEA.
The one trade I marked in Red, I intervened otherwise it would have been a hit of the SL.
Kindly comment on these at your convenience.
Hercs.
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Name: Matt re RSi-EA results Feb 11, 2021.PNG
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Hercs
 
 
  • Post #1,557
  • Quote
  • Feb 11, 2021 5:51pm Feb 11, 2021 5:51pm
  •  MathTrader7
  • Joined Aug 2014 | Status: Trading | 2,145 Posts
Quoting Hercs
Disliked
Hi Matt, Here are the results of today's trades before I stopped it due to bad results of the latest MT7_RenkoMetaRsiEA. The one trade I marked in Red, I intervened otherwise it would have been a hit of the SL. Kindly comment on these at your convenience. Hercs. {image}
Ignored
Hi Hercs,

The default input settings of MT7_RenkoMetaRsiEA are optimized for 100 points Renko EURUSD. You need to find the best settings for X points Renko US30.

P.S. There is no guarantee that the EA will be profitable in the future as a backtest on past doesn't necessarily reflects on the future.

/Matt
Trading is the hardest way to make easy money...
 
 
  • Post #1,558
  • Quote
  • Feb 12, 2021 6:21am Feb 12, 2021 6:21am
  •  Hercs
  • Joined Jan 2006 | Status: Senior Member | 643 Posts
Quoting MathTrader7
Disliked
{quote} Hi Hercs, The default input settings of MT7_RenkoMetaRsiEA are optimized for 100 points Renko EURUSD. You need to find the best settings for X points Renko US30. P.S. There is no guarantee that the EA will be profitable in the future as a backtest on past doesn't necessarily reflects on the future. /Matt
Ignored
Hi Matt,
I am not sure what your 100 pts represent in pips, but I selected 10 pts boxes which is 1000 on my platform as you might recall.
Are you suggesting a 1 pip box?
Sorry, but I just don't get it.
Hercs.
Hercs
 
 
  • Post #1,559
  • Quote
  • Feb 12, 2021 6:24am Feb 12, 2021 6:24am
  •  MathTrader7
  • Joined Aug 2014 | Status: Trading | 2,145 Posts
Quoting Hercs
Disliked
{quote} Hi Matt, I am not sure what your 100 pts represent in pips, but I selected 10 pts boxes which is 1000 on my platform as you might recall. Are you suggesting a 1 pip box? Sorry, but I just don't get it. Hercs.
Ignored
On EURUSD (not US30) 100 points is equal to 10 pips for a 5-digit broker.
Trading is the hardest way to make easy money...
 
 
  • Post #1,560
  • Quote
  • Feb 12, 2021 6:55am Feb 12, 2021 6:55am
  •  Davidh061
  • Joined May 2014 | Status: Member | 560 Posts
Slow DAX trade
Attached Image (click to enlarge)
Click to Enlarge

Name: GER30 12_02.png
Size: 32 KB
Everything should be made as simple as possible, but no simpler - Einstein
 
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