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  • #801
  • Sep 6, 2017 9:08am Sep 6, 2017 9:08am
Quoting ptradecalls
{quote} Oo yes I know of Heikin Ashi candles but really havent used them. The charts are generated Using the Daily TF and above. I know most use it from M1 TF, but thats what makes this different and hence the Filters, a good entry can grab you easy daily pips. The idea is not to get greedy, know how much standard pips you need daily and so on.
The Casino_HAS PIN is actually a smoothed Hiekin Ashi candle generator. I think Seller9 can use any of newer RenkoLiveChart versions, I believe most have source code available, just need to hunt around FF forums a bit for them. So the Renko generator must be placed on a Daily or Weekly TF chart for your strategy, this was the setting I was missing. Interesting use of time frames with Renko generator, a bit of outside box thinking : if it works why not do it that way.
  • #802
  • Sep 6, 2017 9:08am Sep 6, 2017 9:08am
Quoting juraia
{quote} There is a newer version: Има по-нова версия: {file}
Thanks for this, I will upload it and adjust to make a new template.
  • #803
  • Sep 6, 2017 9:10am Sep 6, 2017 9:10am
Wow, this may be even best when it even comes to news trading. So i was monitoring EURCAD just few mins ago due to the expected CAD high impact news and boom this happened in less than 3mins more than 200 pips theres no way I would have caught this unless im FLASH or Superman, this is where the use of casino auto trading would have banked some crazy pips. Just take a look at this. The entry candle time says 17:00 on my mt4 which is 16:00 and i posted this 16:10 which means the my mt4 time is 17:10 and trade done. Damn. I'll start paying more attention to this whenever there is expected high news and watch the pairs to see if we have similar performances.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-09-06_1607.png Size: 24 KB
  • #804
  • Sep 6, 2017 9:19am Sep 6, 2017 9:19am
Quoting ptradecalls
Wow, this may be the best when it even comes to news trading. So i was monitoring just few mins ago due to the expect high impact news and boom this happened in less than 3mins more than 200 pips theres no way I would have caught this unless im FLASH or Superman, this is where the use of casino would have banked some crazy pips. Just take a look at this. The entry candle time says 17:00 and my time is 16:00 and i posted this 16:10 which means the broker time is 17:00 and trade done. Damn. I'll start paying more attention to this whenever theres...
Your are doing something bad

you need to open the chart on m1, and put the renko generator
  • #805
  • Sep 6, 2017 9:54am Sep 6, 2017 9:54am
Quoting JustUncleL
{quote} The Casino_HAS PIN is actually a smoothed Hiekin Ashi candle generator. I think Seller9 can use any of newer RenkoLiveChart versions, I believe most have source code available, just need to hunt around FF forums a bit for them. So the Renko generator must be placed on a Daily or Weekly TF chart for your strategy, this was the setting I was missing. Interesting use of time frames with Renko generator, a bit of outside box thinking : if it works why not do it that way.
Yes the timeframe was what was missing. Im interested in also looking into the Hiekin Ashi candle. Some good guy just gave us the newer renkolivechart mq4 file so patience is key now for Seller to do his magic. Thanks for the renkolivechart v5 indi.
  • #806
  • Sep 6, 2017 9:55am Sep 6, 2017 9:55am
Quoting vinvlad
Hi ptradecalls. Something is wrong with RenkoLiveChart_v3.0.mq4. On other renko-builders, this strategy loses its meaning. {image} {image}
Hi there was a mix up with Renko indi and expert, everything should be working perfect now like mine. Check updated Expert.
  • #807
  • Sep 6, 2017 10:19am Sep 6, 2017 10:19am
In real time using the Daily or Weekly feeder chart instead of the normal M1 you will not get clean renko boxes. You get the clean Renko box when you first open the renko chart or come back later and fresh it. Bigger TF feeder charts can be deceptive at first glance.

Dave
K.I.S.S.
  • #808
  • Sep 6, 2017 10:22am Sep 6, 2017 10:22am
Quoting ordosgoitia
{quote} Your are doing something bad you need to open the chart on m1, and put the renko generator
Maybe, it is definitely not standard use of Renko charts. I'm also not sure how the Renko builders work with Daily and Weekly chart data, I would think real time bricks would be different to historical bricks so if you refresh the Renko chart the whole thing may repaint.
  • #809
  • Sep 6, 2017 10:59am Sep 6, 2017 10:59am
Quoting ptradecalls
{quote} Daily and Weekly is good.
I might suggest changing to lower TF for the Renko generator, like 5min or 15min so the charts are more realistic for 10pip bricks. The issue of using large TF charts and small brick sizes is that they don't represent the actual price action for 10pips, so when the chart refreshes all the real time bricks will be repainted. When you trade in real time you get the 10pip bricks built as they occur so everything looks okay until you refresh the chart. So I suggest lower TF chart and then use the Casino HAS for entry and exit conditions, it should then trade the same way I would think.
  • #810
  • Sep 6, 2017 11:01am Sep 6, 2017 11:01am
Quoting JustUncleL
{quote} I might suggest changing to lower TF for the Renko generator, like 5min or 15min so the charts are more realistic for 10pip bricks. The issue of using large TF charts and small brick sizes is that they don't represent the actual price action for 10pips, so when the chart refreshes all the real time bricks will be repainted. When you trade in real time you get the 10pip bricks built as they occur so everything looks okay until you refresh the chart. So I suggest lower TF chart and then use the Casino HAS for entry and exit conditions, it...
OK will look into this.
  • #811
  • Sep 6, 2017 12:17pm Sep 6, 2017 12:17pm
Quoting ptradecalls
Wow, this may be even best when it even comes to news trading. So i was monitoring EURCAD just few mins ago due to the expected CAD high impact news and boom this happened in less than 3mins more than 200 pips theres no way I would have caught this unless im FLASH or Superman, this is where the use of casino auto trading would have banked some crazy pips. Just take a look at this. The entry candle time says 17:00 on my mt4 which is 16:00 and i posted this 16:10 which means the my mt4 time is 17:10 and trade done. Damn. I'll start paying more attention...
Well Flash or Superman might notice the move which occured after the BOC rate decision but neither of them nor any retail trader would have managed to profit much from it. That move was so strong and fast that it would have been very difficult for your orders to have been filled, just as stop losses for any already open positions would have been executed with huge slippage.

Renko is often a helpful tool but a move like today's look great on the chart but it all happened in 3-15 seconds, if you check a 1 sec or 5 sec chart it you will see what I'm talking about. Just my 2 cents
  • #812
  • Sep 6, 2017 12:46pm Sep 6, 2017 12:46pm
Quoting fmsfx
In real time using the Daily or Weekly feeder chart instead of the normal M1 you will not get clean renko boxes. You get the clean Renko box when you first open the renko chart or come back later and fresh it. Bigger TF feeder charts can be deceptive at first glance. Dave
Quoting JustUncleL
{quote} Maybe, it is definitely not standard use of Renko charts. I'm also not sure how the Renko builders work with Daily and Weekly chart data, I would think real time bricks would be different to historical bricks so if you refresh the Renko chart the whole thing may repaint.
  • #813
  • Sep 6, 2017 1:01pm Sep 6, 2017 1:01pm
Hi Seller and Casino fans;

First off, thanks for the Casino and creating this community;
I really liked using BO as entry trades on the old Basket EA thread;

I was looking for something similar on Casino and after watching the videos, I thought the MOM filter was it;
I setup Casino with the MOM filter for selected pairs and left for work;

While at work, i thought a lot of trades will be opened as I remember the MOM filter was set to 1hour candle;
When i got home, no trades were created;
I went back to watch the video and realized it is only a filter, therefore, will not trigger a trade;

So my question, do we have any ideas for a BO entry with Casino?
Thanks in advance;
Alan
When the internal struggle ends, everything becomes easy - Mr. Douglas
  • #814
  • Sep 6, 2017 1:59pm Sep 6, 2017 1:59pm
Quoting lananpips
Hi Seller and Casino fans; First off, thanks for the Casino and creating this community; I really liked using BO as entry trades on the old Basket EA thread; I was looking for something similar on Casino and after watching the videos, I thought the MOM filter was it; I setup Casino with the MOM filter for selected pairs and left for work; While at work, i thought a lot of trades will be opened as I remember the MOM filter was set to 1hour candle; When i got home, no trades were created; I went back to watch the video and realized it is only a filter,...
MOM will trigger trades all by itself, something must not have been set correctly.

Any of the filters will trigger trades by themselves or in combination with other filters.
  • #815
  • Sep 6, 2017 2:21pm Sep 6, 2017 2:21pm
Quoting seller9
{quote} MOM will trigger trades all by itself, something must not have been set correctly. Any of the filters will trigger trades by themselves or in combination with other filters.
That is good to know. I only tried once and i will investigate more.
Thanks for your response;
When the internal struggle ends, everything becomes easy - Mr. Douglas
  • #816
  • Sep 6, 2017 2:23pm Sep 6, 2017 2:23pm
Quoting vinvlad
{quote} {quote}
Hi,
Tried with EA: Renko on weekly chart can not work.
  • #817
  • Sep 6, 2017 4:34pm Sep 6, 2017 4:34pm
Here is a PIN for Casino suggested by ptradescalls.
I have not had a chance to do any testing with it so that is up to anyone wanting to try it.
Any questions about the idea should be asked of ptradecalls.

Here is a link to a short video on how it is suppose to work.

Inserted Video


Attached Image (click to enlarge)
Click to Enlarge Name: Casino_HAS.jpg Size: 137 KB


Attached File(s)
File Type: zip Casino_Renko_HAS_v1.zip   46 KB | 572 downloads
  • #818
  • Sep 6, 2017 5:12pm Sep 6, 2017 5:12pm
Quoting seller9
One thing I forgot to mention that the swing indicator does, it RE-Paints, Re-Paints, Re-Paints Something you have to live with, so don't complain when you see it RE-Paint, you have been warned.
Thank you for the warning, also the new 3 Screen PIN repaints, so you might want to give a warning for that one as well. It still seems make good trades though, just the history does not reflect where real trades would be taken.
  • #819
  • Sep 6, 2017 5:38pm Sep 6, 2017 5:38pm
Quoting ptradecalls
{quote} OK will look into this.
I have made a setup with the Renko builder on a more standard M1 chart, 5min or 15min should also be OK for 10pip Renko bricks. This way historical chart will reflect the real time price action.

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-09-07_0820.png Size: 86 KB


Notice RSI indicator will not work as well, so like an earlier post by El1000, I suggest using RMI instead with setting say 4,5 as I have on the chart above. Also use HAS for the entry and exit conditions like I suggested earlier and it should work about the same.

Attached File(s)
File Type: mq4 RMI.mq4   4 KB | 301 downloads


I will leave the rest to you, if you want to change the PIN specifications.
  • #820
  • Sep 6, 2017 5:46pm Sep 6, 2017 5:46pm
I love the equity lock feature.

Can we also use the trade manager by itself?

Let's say for those who want to enter the trade manually but wants to take advantage of the trade management Casino can give;
I did some manual trades and Casino is not counting them.

Thanks
When the internal struggle ends, everything becomes easy - Mr. Douglas
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