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Lets Automate a Simple Renko Strategy!

  • #2,421
  • Oct 8, 2017 10:44am Oct 8, 2017 10:44am
Quoting unmaskedluke
{quote} can u elaborate?
Those two image posted are for a member that pmed me and there is no option to send a image or file in pm
  • #2,422
  • Oct 8, 2017 10:49am Oct 8, 2017 10:49am
Quoting metta87
{quote} whats the advantage of range bars over renko ?
Have never used range bars nor studied them.

https://www.forexfactory.com/showthr...70#post3942370
  • #2,423
  • Edited Oct 12, 2017 3:35am Oct 11, 2017 6:22am | Edited Oct 12, 2017 3:35am
Any willing to test a Renko expert?
Expert
Will stop working on 31/10/2017
Attached File(s)
File Type: ex4 Renko One.ex4   29 KB | 596 downloads

Renko Generator (indicator folder)
Attached File(s)
File Type: ex4 RenkoChartSbS .ex4   15 KB | 533 downloads

Renko Generator (Include folder)
Attached File(s)
File Type: mqh RenkoChartSbS.mqh   12 KB | 503 downloads


Renko backtest results.
Disclaimer:
https://www.forexfactory.com/showthr...20#post9518520
Attached Image (click to enlarge)
Click to Enlarge Name: Toets.PNG Size: 27 KB
  • #2,424
  • Oct 11, 2017 6:31am Oct 11, 2017 6:31am
Brick size ?
  • #2,425
  • Oct 11, 2017 6:39am Oct 11, 2017 6:39am
Quoting wansiman
Brick size ?
Preset to box size : 7
  • #2,426
  • Edited 7:14am Oct 11, 2017 6:55am | Edited 7:14am
It buys at top maybe better buy on the pullback
tried it makes no sense
  • #2,427
  • Oct 11, 2017 7:26am Oct 11, 2017 7:26am
Consecutive wins of 52? Never going to happen in real-time.
  • #2,428
  • Oct 11, 2017 7:27am Oct 11, 2017 7:27am
Quoting wansiman
Brick size ?
Ill try in a vps
  • #2,429
  • Oct 11, 2017 7:34am Oct 11, 2017 7:34am
Quoting CLTrader
Consecutive wins of 52? Never going to happen in real-time.
Now you understand the disclaimer.
  • #2,430
  • Oct 11, 2017 7:36am Oct 11, 2017 7:36am
Quoting wansiman
It buys at top maybe better buy on the pullback tried it makes no sense
Post a chart or trades by expert
  • #2,431
  • Oct 11, 2017 7:39am Oct 11, 2017 7:39am
why it place 2 buy order there? vertical red line is where the ea start.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 41 KB
  • #2,432
  • Oct 11, 2017 7:41am Oct 11, 2017 7:41am
the two buy order just now closed with loss
  • #2,433
  • Oct 11, 2017 7:45am Oct 11, 2017 7:45am
looks like 2 order. but it place 3? is it normal
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 38 KB
  • #2,434
  • Oct 11, 2017 7:48am Oct 11, 2017 7:48am
Quoting unmaskedluke
why it place 2 buy order there? vertical red line is where the ea start. {image}
PlacingOrders = "Choose between Single or Multiple Orders";
TrueFalse = "Only one can be true";
UseSingleOrder = false;
UseMultipleOrders = true;
"Increase number place 1 * number on brick 1 and 2";
"Same lot size on both brick's";
NumberOfOrders = 2;

Why it does that I don't know. As soon as you place the expert on a chart it place an order. Look at the Comment fields both are false
  • #2,435
  • Edited 5:54pm Oct 11, 2017 5:39pm | Edited 5:54pm
Here is an example of my renko chart. I manually trade this cause I'm still playing with how to code. 10 pip boxes. Currently use STG Renko. I've learned so much over the years being a member of FF. I've taken a lot of other peoples hard work and put it use successfully. I don't post comments often if at all but Renko charts have changed my life and the attached is what I use. All indicator are from here. I thank all the coders who have created the indicators I use and this is my way trying to give back by showing a copy of what works . . . consistently. If somehow, it can become an EA and help others, then I am glad I posted it and again thank you to the coders that create such awesome work!!

I use following indicators and it very good.

PVSRA
BN Levels
Super Signals Channel Alert
Super Signal v3fd
SSL fast channel mtf alerts +arrows
pz lopez trend
GMTS Matrix and Tape (3 bar alert)

Pink lines show my entries. my entries are only considered after the red/green circle alert. Renko must close above or below 20 period MVA which is linear weighted.

Let me know what you think.
Attached Image (click to enlarge)
Click to Enlarge Name: renko chart.JPG Size: 282 KB
  • #2,436
  • Oct 12, 2017 12:10am Oct 12, 2017 12:10am
Quoting ETrader4L1fe
Here is an example of my renko chart. I manually trade this cause I'm still playing with how to code. 10 pip boxes. Currently use STG Renko. I've learned so much over the years being a member of FF. I've taken a lot of other peoples hard work and put it use successfully. I don't post comments often if at all but Renko charts have changed my life and the attached is what I use. All indicator are from here. I thank all the coders who have created the indicators I use and this is my way trying to give back by showing a copy of what works . . . consistently....
Hy, could you please start to share your entire setup? it will bereally much easier try to study your way of trading renko chart...
thanks
Best regards
  • #2,437
  • Oct 12, 2017 12:36am Oct 12, 2017 12:36am
Quoting ETrader4L1fe
Here is an example of my renko chart. I manually trade this cause I'm still playing with how to code. 10 pip boxes. Currently use STG Renko. I've learned so much over the years being a member of FF. I've taken a lot of other peoples hard work and put it use successfully. I don't post comments often if at all but Renko charts have changed my life and the attached is what I use. All indicator are from here. I thank all the coders who have created the indicators I use and this is my way trying to give back by showing a copy of what works . . . consistently....
The indicator that draw the red/green circle , One of the Super Signals is a major repainter. How do you read / interpret / use that indicator for it is always move the circle to the next HH / LL?
  • #2,438
  • Oct 12, 2017 12:46am Oct 12, 2017 12:46am
I've been using this manually. I wonder if it can be automated.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM3.png Size: 35 KB
  • #2,439
  • Oct 12, 2017 1:34am Oct 12, 2017 1:34am
Quoting hclicx
I've been using this manually. I wonder if it can be automated. {image}
How do u exit? I can code this. Is that PZ Sup/Res?
  • #2,440
  • Oct 12, 2017 4:22am Oct 12, 2017 4:22am
Quoting unmaskedluke
{quote} How do u exit? I can code this. Is that PZ Sup/Res?
What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYmicroM3.png Size: 38 KB
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