Disliked{quote} Hi try to change from 7pip box to a higher, and you will get better results. like 20Ignored
Use a smaller brick size first to understand how the EA place and close order's before moving to a larger brick size
Lets Automate a Simple Renko Strategy!
- #2,461
- Oct 13, 2017 12:10pm Oct 13, 2017 12:10pm
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #2,464
- Oct 14, 2017 6:45am Oct 14, 2017 6:45am
- Joined Jul 2015 | Status: Trader | 2,299 Posts
{quote} Yes, buy at breakout of Livelli Resistance and sell at breakout of support. {image}
1. What are the settings for Livelli S/R?
The default with the indicator is Zig ZagFast=6 and ZigZag Slow=24.
2. Exits: In the attached trade, we go short as price is below Ichimouko and broke the Livelli support.
Now, when do we exit:
When Price hits the support again i.e Exit 2
or
When Price hits the Resistance i.e. Exit 1
3. Where do you place your stops?
Appreciate your patience...
Thanks
- #2,465
- Oct 14, 2017 11:15am Oct 14, 2017 11:15am
{quote} Thanks Hclicx for sharing the system and giving an example...
SL and Exit strategy what I mostly use is mentioned in the screenshot. Exit can also happen when price re-enters the Ichimoku cloud.
- #2,466
- Oct 14, 2017 12:58pm Oct 14, 2017 12:58pm
- Joined Jul 2015 | Status: Trader | 2,299 Posts
{quote} Default settings for Livelli SR SL and Exit strategy what I mostly use is mentioned in the screenshot. Exit can also happen when price re-enters the Ichimoku cloud. {image}
Thanks for taking the time...
- #2,467
- Edited Oct 15, 2017 5:43am Oct 14, 2017 1:24pm | Edited Oct 15, 2017 5:43am
- | Joined May 2014 | Status: Aramaii tii! | 66 Posts
{quote} Default settings for Livelli SR SL and Exit strategy what I mostly use is mentioned in the screenshot. Exit can also happen when price re-enters the Ichimoku cloud. {image}
expert
indi
{quote} try this.. haven't code the trail sl yet. need to work out on the bad entry 1st .let me know expert {file} indi {file}
Two quick observations.
1. EA takes 1st and all next breakouts within same Cloud trend.
2. EA opens multiple positions within same candle each time price fluctuates. It also closes all the opened positions within 0 to 2 seconds.
Thank you.
- #2,470
- Edited 4:32am Oct 16, 2017 3:36am | Edited 4:32am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Luke, Two quick observations. 1. EA takes 1st and all next breakouts within same Cloud trend. 2. EA opens multiple positions within same candle each time price fluctuates. It also closes all the opened positions within 0 to 2 seconds. Thank you.
Luke must put this code in the EA.
Sample code allow only one trade per bar
int init()
{
ThisBarTrade = Bars;
----------
------
}
int start()
{
if(Bars != ThisBarTrade)
{
ticket = OrderSend(Symbol(),----------------------);
ThisBarTrade = Bars;
}
}
The "It also closes all the opened positions within 0 to 2 seconds." indicate that the same algorithm that is used to place trade's is used to close trade's. 0 /2 seconds is the delay time between the broker server and the trade's platform (computer / platform in use).
- #2,472
- Oct 16, 2017 5:19am Oct 16, 2017 5:19am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #2,474
- Edited 6:56am Oct 16, 2017 5:54am | Edited 6:56am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
{quote} Hello Tekkles I mean can 1 EA gather info from the 3 charts at the same time compute them and give the desired result if present. Sorry I am not a programmer and I have no idea of programming language. Thanks for the answer.
The 3 chart's don't have to be open for the EA to get the required info. It can access the off-line chart's that 3 Renko generator are sending to the platform.
You still need the 3*M1 chart's with a Renko generator to feed the off-line chart with live data (normal set for a offline chart)
For those that need a template and TDI
Renko One in action
Placed an order at the right bar and place.
After some time: Second set of orders placed:
- #2,478
- Oct 17, 2017 7:46am Oct 17, 2017 7:46am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts
- #2,480
- Oct 17, 2017 9:29am Oct 17, 2017 9:29am
- Joined Nov 2015 | Status: Member's sanity currently on AWOL | 8,930 Posts