Renko Trading Discussion

Quoting pgtips

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{image} I got 17 from this, first 10 I took profit early as it was on major 00 level, I closed half and let the rest run which wasn't very far lol ! retraced/sat in a channel. All my trades for a couple of weeks will be on demo with the new system I am trying out.

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Quoting 19monza64

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GOLD Yesterday no trade today some good scalp {image}

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Quoting Davidh061

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{quote} Hi Monza, is it possible to show your trades? What size bricks?

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Quoting Davidh061

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{quote} What are you trading on PG? 17 is better than my day so far! I'm back on live and DAX after brief encounter with gold yesterday. Its been glacially slow

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Quoting pgtips

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{quote} DAX, for the foreseeable it will only be DAX although later in the year I might start to test with other currency or pairs, all chatting about Gold I might take a peek.

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Quoting 19monza64

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GOLD today scalping some long some short not a good feeling close the short too early {image}

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Quoting pgtips

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Quiet week for me this week, I am getting an EA to automate my trades a bit but its had a few niggles. Demo trades still ok. Hope all is well for others :-)

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bool IsRenkoBarCompleted()
{
    static double lastCompletedPrice = 0;
    double currentPrice = SymbolInfoDouble(_Symbol, SYMBOL_BID);
    
    if (MathAbs(currentPrice - lastCompletedPrice) >= renkoBrickSize)
    {
        lastCompletedPrice = MathFloor(currentPrice / renkoBrickSize) * renkoBrickSize;
        return true;
    }
    
    return false;
}

Quoting Gildartzz

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Ok so in my backtesting and forward testing there is one major discrepancy..... Question is I am not sure if this is the right approach

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Quoting Gildartzz

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Ok so in my backtesting and forward testing there is one major discrepancy I found. the time of entries is almost of by a 30-40seconds. This could sometimes be the difference between a winning/losing trade especially if you are scalping. I am still not sure of the exact reason why this is happening but if I include the following check the results match. Question is I am not sure if this is the right approach as I think the as long as the boxes are limited by time of 1 min it would be hard to get accurate results. I also considered ctrader but the...

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//+------------------------------------------------------------------+
//| Is new bar
//+------------------------------------------------------------------+
bool IsNewBar() {
  if(stopper<=Time[1])
  {
    stopper=Time[0];
    return true;
  }
  else
  {
    return false;
  }
}
//+------------------------------------------------------------------+

//+------------------------------------------------------------------+
//| Expert OnTick function
//+------------------------------------------------------------------+
void OnTick() {
  if (IsNewBar())
  {
    DrawText(true);
    TradeProfits();
    blahblah();
    anotherblahblah();
  }
}
//+------------------------------------------------------------------+

RefreshRates();

Quoting Reamasesa

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{quote} Not a coder so take everything with a grain of salt

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Quoting gringo2019

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{image}

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Quoting pgtips

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{quote} Hi Reamasesa, who taught you that, you say you are not a coder but you have way better ability than I. Something I am trying to put together is to check if last closed bar tick volume value is > previous closed bar tick volume value. If it is then place a dot above or below the bar using this formula percentagediff = (tick_volume [i+1] / tick_volume ) * 100; Can calculate volume using iVolume or the already available tick_volume data from OnCalculate() const long &tick_volume[] and 2 consecutive bars one direction , uses this condition....

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Quoting DuongPhamv

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for your reference - price may adjust short term to 1889 {image}

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