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Renko Trading Discussion

Quoting ancore
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
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...
DAX trade, open at 13925, close at 13890, +34. 10pip and 5 pip bricks
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Everything should be made as simple as possible, but no simpler - Einstein
Quoting Davidh061
DAX trade, open at 13925, close at 13890, +34. 10pip and 5 pip bricks {image}
Lucky you my broker lowered my leverage on CFDs.
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Quoting Hutch
{quote} Lucky you my broker lowered my leverage on CFDs. {image}
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
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
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
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
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...
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.
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
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?
Quoting Puccini
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...
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
Quoting Davidh061
{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
Great, thanks. Just one question - how come some bricks are double the size?
Quoting Puccini
{quote} Great, thanks. Just one question - how come some bricks are double the size?

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
US30 +13 long off 31485, 5 pip bricks
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Everything should be made as simple as possible, but no simpler - Einstein
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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Hercs
Quoting Hercs
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}
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...
Quoting MathTrader7
{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
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
Quoting Hercs
{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.
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...
Slow DAX trade
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Everything should be made as simple as possible, but no simpler - Einstein
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