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Fun and play with Renko strategy

  • #41
  • Aug 26, 2018 6:02am Aug 26, 2018 6:02am
Where are you taking profits/stop loss or how do you trail?

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Sausages, Black Pudding, Mushrooms and Heinz Bake Beans! Fandabidozi!!
  • #42
  • Aug 26, 2018 7:42am Aug 26, 2018 7:42am
Thank you mohsen_hps. Nice strategy.

Regards.
  • #43
  • Aug 26, 2018 8:35am Aug 26, 2018 8:35am
Quoting vinetum
Thank you mohsen_hps. Nice strategy. Regards.
Nice, creative thinking, mohsen. Looking forward to your test results. I have traded renko on many strategies, and have had marginal success. Did you write the renko_chart builder? Do you have source code? My concern with renko is that system resources required to produce the offline charts prevent the trading of more than, perhaps, two or three pairs at a time. Anyway, thanks for sharing a new and interesting approach. Try to not let the negative seers effect your determination to continue this thread. I do not know why they simply don't just go away.
  • #44
  • Aug 26, 2018 8:41am Aug 26, 2018 8:41am
Quoting MXT
{quote} which MAs are you using there ?

What is the time period?
  • #45
  • Aug 26, 2018 8:43am Aug 26, 2018 8:43am
Quoting mbrown
{quote} No problem although I'm having difficulty finding a way to backtest Renko EAs in MT4.

Please share any experiences.
  • #46
  • Aug 26, 2018 8:45am Aug 26, 2018 8:45am
Quoting mbrown
Where are you taking profits/stop loss or how do you trail? ---------------------------------------------------------------------------------- Sausages, Black Pudding, Mushrooms and Heinz Bake Beans! Fandabidozi!!

From my point of view, the scalp will be more successful
  • #47
  • Aug 26, 2018 8:46am Aug 26, 2018 8:46am
Quoting Ryder
{quote} Nice, creative thinking, mohsen. Looking forward to your test results. I have traded renko on many strategies, and have had marginal success. Did you write the renko_chart builder? Do you have source code? My concern with renko is that system resources required to produce the offline charts prevent the trading of more than, perhaps, two or three pairs at a time. Anyway, thanks for sharing a new and interesting approach. Try to not let the negative seers effect your determination to continue this thread. I do not know why they simply don't...

I need your help in this way
  • #48
  • Aug 26, 2018 9:04am Aug 26, 2018 9:04am
Friends who complain about me and say negative things
My style is based on trend lines. I am almost a successful trader in my own strategy. Perhaps you can see my analytics wondering why I created this. And you mocked me. Examples of past analyzes indicate my success in my personal strategy.

My biggest goal in creating this topic is to create a research method for the performance of the mechanical strategies in Forex.


See these two photos. My analysis was on gold. When I did the analysis. I was mocked and I heard negative words. But the result made me happy.

So please always have a positive view
Attached Image(s) (click to enlarge)
Click to Enlarge Name: photo_2018-08-26_18-33-45.jpg Size: 71 KB
Click to Enlarge Name: photo_2018-08-26_18-33-51.jpg Size: 62 KB
  • #49
  • Aug 26, 2018 9:28am Aug 26, 2018 9:28am
Quoting mohsen_hps
{quote} What is the time period?
this one

Quoting mohsen_hps
To help you diagnose the market trend, get help with moving averages: for example {image} {image}
  • #50
  • Aug 26, 2018 7:55pm Aug 26, 2018 7:55pm
Quoting mohsen_hps
Friends who complain about me and say negative things My style is based on trend lines. I am almost a successful trader in my own strategy. Perhaps you can see my analytics wondering why I created this. And you mocked me. Examples of past analyzes indicate my success in my personal strategy. My biggest goal in creating this topic is to create a research method for the performance of the mechanical strategies in Forex. See these two photos. My analysis was on gold. When I did the analysis. I was mocked and I heard negative words. But the result made...
Mohsen, noone is mocking you or being negative about you. The thread only has a few posts so take it easy because there is nothing here to be negative about yet.

Just focus on posting about your system which looks promisiing although I haven't worked out how to backtest renkos yet.


Quoting mohsen_hps
{quote} From my point of view, the scalp will be more successful
So about 10 to 15pips profit target?

This is just question so please don't get upset about it.
  • #51
  • Aug 28, 2018 7:47am Aug 28, 2018 7:47am
Hi, I'm sorry for you
  • #52
  • Aug 28, 2018 7:49am Aug 28, 2018 7:49am
Quoting mbrown
{quote} Mohsen, noone is mocking you or being negative about you. The thread only has a few posts so take it easy because there is nothing here to be negative about yet. Just focus on posting about your system which looks promisiing although I haven't worked out how to backtest renkos yet. {quote} So about 10 to 15pips profit target? This is just question so please don't get upset about it.

Thank you for getting positive energy. Are you helping me?

Yes, it's between 5 and 15 pips
  • #53
  • Aug 28, 2018 8:21am Aug 28, 2018 8:21am
third theory

Put the following indicator and template on the chart
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM10.png Size: 43 KB
Attached File(s)
File Type: ex4 Laguerre_RSI_v2.1m_mtf.ex4   11 KB | 580 downloads
File Type: mq4 Laguerre_RSI_v2.1m_mtf.mq4   11 KB | 603 downloads
File Type: tpl template_name.tpl   3 KB | 533 downloads
  • #54
  • Aug 28, 2018 8:32am Aug 28, 2018 8:32am
Think of the images below
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM10.png Size: 56 KB
Click to Enlarge Name: EURUSDM100.png Size: 65 KB
  • #55
  • Aug 28, 2018 8:45am Aug 28, 2018 8:45am
I know a bs thread when i see one
  • #56
  • Aug 28, 2018 9:20am Aug 28, 2018 9:20am
Quoting mohsen_hps
{quote} Thank you for getting positive energy. Are you helping me? Yes, it's between 5 and 15 pips
Yes. I am here to help you but I have to make the occassional joke.
  • #57
  • Aug 28, 2018 11:24pm Aug 28, 2018 11:24pm
Quoting mohsen_hps
hi friend Follow the steps carefully Put the indicator in the picture and its settings on the chart {image} {file}
mohsen, "renko build" generates lots of "Invalid file Handle" errors as well as "File Seek" errors as can be seen in the MQL4/log file. Unless you check and delete the log file frequently, the ever growing log file will slow your platform down. Need to clean "renko build" up, but requires source code.

Also, the mq4 file for "Laguerre_RSI_v2.1m_mtf.mq4" that you posted does not produce a clean compile -- gets 16 compile errors. I cleaned it up and have attached a copy that compiles without error. Renamed to v2.2

Errors like this make me loose interest in your thread.
Attached File(s)
File Type: mq4 Laguerre_RSI_v2.2m_mtf.mq4   11 KB | 431 downloads
  • #58
  • Aug 29, 2018 2:08am Aug 29, 2018 2:08am
Quoting mohsen_hps
Think of the images below {image} {image}
Just images on a chart, what are the Central bankers doing, do you take into account any fundamentals? The charting that you are showing, is this broker "B-Booking you" if so, its flawed, imho.
  • #59
  • Aug 29, 2018 7:35am Aug 29, 2018 7:35am
Quoting mbrown
Hi Mohsen, I'm just experimenting with the following idea. On paper or should I write Excel, it amazingly profitable. So profitable i think there must be a flaw. However, I am unable to back test the EA because the way I normally backtest offline charts doesn't seem to work for data from RenkoBuild so MT4 backtesting ideas are welcome.. Anyhoe, I have deployed the EA for forward testing and I'll keep you updated. Please note: it is against my trading convention for a SL to be larger than the PT but for this exercise I want to see the performance....
Renko chart forms after few of the real bars are completed; hence you may have forward bias in your data

your entry price should be on the real bar that formed the renko bar
  • #60
  • Aug 29, 2018 8:38am Aug 29, 2018 8:38am
Quoting Ryder
{quote} mohsen, "renko build" generates lots of "Invalid file Handle" errors as well as "File Seek" errors as can be seen in the MQL4/log file. Unless you check and delete the log file frequently, the ever growing log file will slow your platform down. Need to clean "renko build" up, but requires source code. Also, the mq4 file for "Laguerre_RSI_v2.1m_mtf.mq4" that you posted does not produce a clean compile -- gets 16 compile errors. I cleaned it up and have attached a copy that compiles without error. Renamed to v2.2 Errors like this make me loose...

thanks
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