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Renko Scalper / Strategy

  • #21
  • Jul 16, 2019 8:58am Jul 16, 2019 8:58am
Quoting NoNonSenseFX
{quote} is this EA "compound money management EA trade panel" free or need to buy from you?
No it's my design but not mine. Links are on my website for the EA
  • #22
  • Jul 16, 2019 9:06am Jul 16, 2019 9:06am
Quoting vdubus
{quote} No it's my design but not mine. Links are on my website for the EA
5o% discount for your subscriber?
  • #23
  • Jul 16, 2019 9:21am Jul 16, 2019 9:21am
Quoting NoNonSenseFX
{quote} 5o% discount for your subscriber?
yes i run a telegram channel but this is off topic. please pm
  • #24
  • Jul 16, 2019 9:34am Jul 16, 2019 9:34am
I have a a few questions concerning the construction of the Renkochart :

a) What value do we have to give to " the step size between brincks" ?
In program ' MeanrenkoBar' there is a default value of 100. Do we have to use the default value
or another value ?
I took as example eurjpy.
For stepsize=100 this this results in bricks of a size of 20 pips.
Stepsize = 10 gives bricks of a size of 2 pips.
What is the optimal size ?

b) This brings me to the second question : What is the best currency to use for this strategy ?

c) Program ' MeanRenkoBar' says : Valid till July 31.
Does this mean, that after 2 weeks from now, this program will stop ?

d) Can you make available the sourcecode ?
  • #25
  • Jul 16, 2019 10:02am Jul 16, 2019 10:02am
Quoting Riverstar
I have a a few questions concerning the construction of the Renkochart : a) What value do we have to give to " the step size between brincks" ? In program ' MeanrenkoBar' there is a default value of 100. Do we have to use the default value or another value ? I took as example eurjpy. For stepsize=100 this this results in bricks of a size of 20 pips. Stepsize = 10 gives bricks of a size of 2 pips. What is the optimal size ? b) This brings me to the second question : What is the best currency to use for this strategy ? c) Program ' MeanRenkoBar' says...
it'S mean renko or sometimes called Better renko can be found here : https://ovo.cz/products/offline-char...an-renko-bars/
A brick size of 100 i think would be around 10 pips
on average I trade around 25. about 2.5 pip bricks down to 13 or as low as 7 = 0.7 pips others can be 30 down to 15
I don't have any preferences as to which pairs to trade I trade anything where I see an opportunity

You will be using it in demo mode having a 2 week trial
I have nothing to do with the renko charting I simple use this one because it is the best
  • #26
  • Jul 16, 2019 10:20am Jul 16, 2019 10:20am
Show real trade results
The biggest drawdown is ahead of you
  • #27
  • Jul 16, 2019 10:37am Jul 16, 2019 10:37am
Quoting amando77
Show real trade results
It's brand new please do your own back testing
  • #28
  • Jul 16, 2019 10:38am Jul 16, 2019 10:38am
What is your preferred currency ?
  • #29
  • Jul 16, 2019 10:54am Jul 16, 2019 10:54am
Quoting vdubus
{quote} It's brand new please do your own back testing
Where i can download for backtest?
The biggest drawdown is ahead of you
  • #30
  • Jul 16, 2019 10:56am Jul 16, 2019 10:56am
Quoting Riverstar
What is your preferred currency ?
ideally anything with low spread so i can use small brick sizes
  • #31
  • Jul 16, 2019 10:57am Jul 16, 2019 10:57am
Quoting amando77
{quote} Where i can download for backtest?
strategy .tpl is in post description
  • #32
  • Jul 16, 2019 10:59am Jul 16, 2019 10:59am
Quoting vdubus
{quote} it'S mean renko or sometimes called Better renko can be found here : https://ovo.cz/products/offline-char...an-renko-bars/ A brick size of 100 i think would be around 10 pips on average I trade around 25. about 2.5 pip bricks down to 13 or as low as 7 = 0.7 pips others can be 30 down to 15 I don't have any preferences as to which pairs to trade I trade anything where I see an opportunity You will be using it in demo mode having a 2 week trial I have nothing to do with the renko charting I simple use this one because...
Hi,

you're right ovo.cz has the best commercial software in the renko theme. A good free one is here.

https://www.forexfactory.com/showthread.php?t=684131

Good luck
if you're doing we all have results with all
  • #33
  • Jul 17, 2019 7:28am Jul 17, 2019 7:28am
In your system, you have these indicators : "OmniaRemote.ex4" and " vh.ex4" .

What is their use ?
  • #34
  • Jul 17, 2019 8:52am Jul 17, 2019 8:52am
Quoting Riverstar
In your system, you have these indicators : "OmniaRemote.ex4" and " vh.ex4" . What is their use ?
Attached Image (click to enlarge)
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if you're doing we all have results with all
  • #35
  • Jul 17, 2019 10:44am Jul 17, 2019 10:44am
Inserted Video
  • #36
  • Jul 17, 2019 10:59am Jul 17, 2019 10:59am
Quoting vdubus
{quote} No it's my design but not mine. Links are on my website for the EA
Could you please share your website. I think I'm with stupid here, and I can't find it....
  • #37
  • Jul 17, 2019 11:03am Jul 17, 2019 11:03am
Quoting kkmk
{quote} Could you please share your website. I think I'm with stupid here, and I can't find it....
in video description
  • #38
  • Jul 17, 2019 7:44pm Jul 17, 2019 7:44pm
can you make it as ea ?
  • #39
  • Jul 18, 2019 1:05am Jul 18, 2019 1:05am
Quoting MajdHolbi
can you make it as ea ?
i can'[t but maybe somebody else can
  • #40
  • Jul 18, 2019 1:56am Jul 18, 2019 1:56am
Renko Power

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if you're doing we all have results with all
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