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New Renko Builder

  • #41
  • Jan 28, 2026 5:43pm Jan 28, 2026 5:43pm
Quoting Farhansium
Hi Valdechiio, There's a ton of strategies on forexstrategyresources for Renko, have you tried looking into those? I've also coded multiple Renko strategies on tradingview with pretty decent results, What happened to that Channel + Semafor + Halftrend Strategy you were previously developing? I'm happy to speak to you more about Renko based systems, I might possibly have what you are looking for, Thanks
Hi dear, that old strategy of mine is 90% profitable but it has a problem… the signals are not as frequent as 1m scalping, you need a VPS to receive signals on your smartphone, but even with that it's a problem… because 80% of the alerts lead to signals that are not aligned with the rules. So I'm dedicating myself to automatic trading… I don't want to be dependent on the charts anymore… the money must work automatically for me! Yes, I know there are hundreds of strategies out there… but when you find an interesting one, you have to waste time looking for the source files… in short, it's a long job, which requires time and patience… but that doesn't mean I won't do it… we can talk in private messages. Thanks for your collaboration! Collaboration is always appreciated!
  • #42
  • Jan 29, 2026 2:54am Jan 29, 2026 2:54am
Quoting Ced74
1.55 pm Sunday afternoon and it is hot outside so I am bored. Here is another Pretty Picture from Ronnie Van Gogh.......waiting/eager for to-morrow. {image}
Could you possible share your indicators and template let's try it and see how it would help us, please
Let it turn and find your entry.
  • #43
  • Jan 29, 2026 3:05am Jan 29, 2026 3:05am
Quoting valdecchio
{quote} Hi dear, that old strategy of mine is 90% profitable but it has a problem… the signals are not as frequent as 1m scalping, you need a VPS to receive signals on your smartphone, but even with that it's a problem… because 80% of the alerts lead to signals that are not aligned with the rules. So I'm dedicating myself to automatic trading… I don't want to be dependent on the charts anymore… the money must work automatically for me! Yes, I know there are hundreds of strategies out there… but when you find an interesting one, you have to waste...
Hi Val,

Just letting you know that my account is fairly new so I can't initiate PM, (even though this is the first forums I was reading from years ago, never needed to create an account, perhaps I can share my email here?)

What winrate and at what RR are you expecting from a viable system in your POV? which you can further go out of your way to automate?

Regarding your own system, when you say 90% profitable, is this the win-rate you speak of? Are you objectively following the rules for it or are you adding in your own discretionary analysis?

Backtesting is a very important step, I'm not sure how it can be done if MT4/MT5 on Renko, although it is fairly simple in Ninjatrader (Tradingview gives you limited window/data for Renko backtest)

Best Wishes
  • #44
  • Jan 29, 2026 9:13pm Jan 29, 2026 9:13pm
Quoting valdecchio
{quote} here we are...... I should point out that before building an EA, which is the hardest part of the job for the way I work, it is necessary to analyze the indicator in question: real usefulness? profitable (in any form)? does it work smoothly from a technical point of view? These are the tasks carried out on the indicator before even considering the idea of building an EA around it. 1 - MQ4 language update. (code from 10 years ago) 2 - Code rewritten and made more robust. 3 - Implemented the function for automatically searching for the best...
The win rate is not important, because overall the wins are much bigger than the losers. It catches the big moves, and the losses are never more than 4 bricks, with most being 2 to 3 brick losses. I have been testing this for a couple of months now, and it is very profitable.
  • #45
  • Feb 1, 2026 2:54am Feb 1, 2026 2:54am
This is what I mean. Please develop the EA if you can.
Attached Image (click to enlarge)
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  • #46
  • Feb 1, 2026 3:43am Feb 1, 2026 3:43am
Hi;
What Renko brick size do you use?
Cheers,
  • #47
  • Feb 1, 2026 8:22am Feb 1, 2026 8:22am
Quoting chaveznqoos
Hi; What Renko brick size do you use? Cheers,
Depends what you are trading, and then test it out. But for Forex pairs, 10.
  • #48
  • Feb 1, 2026 3:40pm Feb 1, 2026 3:40pm
Quoting frodo77
{quote} The win rate is not important, because overall the wins are much bigger than the losers. It catches the big moves, and the losses are never more than 4 bricks, with most being 2 to 3 brick losses. I have been testing this for a couple of months now, and it is very profitable.
This looks very simple, basically you are entering / exiting on the 2nd brick per bull/bear move,

Are you using any filters? Because on its own, I doubt it could be profitable, or is it?
  • #49
  • Feb 1, 2026 9:07pm Feb 1, 2026 9:07pm
Quoting Farhansium
{quote} This looks very simple, basically you are entering / exiting on the 2nd brick per bull/bear move, Are you using any filters? Because on its own, I doubt it could be profitable, or is it?
It is extremely profitable on volatile assets, which is why an EA is necessary as its too fast to trade manually.
  • #50
  • Feb 3, 2026 1:27pm Feb 3, 2026 1:27pm
Quoting frodo77
This is what I mean. Please develop the EA if you can. {image}
I understand what you mean, lots of small losses, and few but big gains! OK, give me some time, in the meantime I'll implement a pip count in the indicator, to verify real profitability in this sense, and then I'll create the EA.
  • #51
  • Feb 3, 2026 10:03pm Feb 3, 2026 10:03pm
Quoting valdecchio
{quote} I understand what you mean, lots of small losses, and few but big gains! OK, give me some time, in the meantime I'll implement a pip count in the indicator, to verify real profitability in this sense, and then I'll create the EA.
That's great, thank you.
  • #52
  • Edited 11:28pm Feb 3, 2026 11:08pm | Edited 11:28pm
Quoting frodo77
{quote} It would be awesome if you could build an EA. The arrows do not repaint and the up and down arrows alternate. No 2 up or down arrows in a row. Arrow prints at close of brick and an alert is triggered. Trade from arrow to arrow. Strategy - Open a buy position on up arrow. Close on next down arrow and open a sell position. etc etc. {image} {file} {image} {image}
If what you say about the arrows painting on the close of the Renko bar that they are shown to be above and that they do not re-paint, then look at the pic below.

The white lines are where I would place the SLs (one bar back of the arrow brick) and the aqua lines are showing the actual trades. You will notice that the SL is actually rarely hit and that this is a continuously traded system...so an EA would be the only way to do it.

I agree that this chart looks very promising and highly profitable.

Chris

I missed 2 trades
The way I count these are as follows from left to right assuming 10 pip bricks...
+20 +70 -30 -10 +120 -20 +100 -10 -10 -30 +30 = +230
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  • #53
  • Feb 6, 2026 4:04pm Feb 6, 2026 4:04pm
Hi Valdecchio &Chris and everyone,
I am time to time check FF but I did account new.
I AM NOT EDUCATED enough as you that’s why sometimes I felt am annoying but honestly if I ask I really did not know the solution.

please see my chart I watch it for two days and it becomes always like this
is this is normal? That’s the version posted on this group.
i read all your posts Valdecchio since 2020 and Chris thank you as you never give up

I apologise if I couldn’t help but I can watch the chart hours and days

thank you
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  • #54
  • Feb 7, 2026 5:02pm Feb 7, 2026 5:02pm
"Guys, I'm asking you for a little cohesion. I've returned here after a few years, driven by the situation in Europe and elsewhere. As many of you know, those who should be protecting us in our own countries are trying to impoverish and control us. So, for a few months now, I've been thinking about taking action, and with this thread I'm starting to do so."

A bit exaggerated don't you think ?
  • #55
  • Feb 7, 2026 6:11pm Feb 7, 2026 6:11pm
Quoting wansiman
"Guys, I'm asking you for a little cohesion. I've returned here after a few years, driven by the situation in Europe and elsewhere. As many of you know, those who should be protecting us in our own countries are trying to impoverish and control us. So, for a few months now, I've been thinking about taking action, and with this thread I'm starting to do so." A bit exaggerated don't you think ?
exaggerated? Maybe you have ham on your eyes
  • #56
  • Feb 9, 2026 5:59am Feb 9, 2026 5:59am
I do really love this thread but I am not sure why it ends so early.. I hope we learn more please
  • #57
  • Feb 9, 2026 10:35pm Feb 9, 2026 10:35pm
Quoting Shama369
I do really love this thread but I am not sure why it ends so early.. I hope we learn more please
It has not ended. Patiently waiting for an EA to be developed.
  • #58
  • Feb 10, 2026 4:08am Feb 10, 2026 4:08am
i wish if you can add the option to can control the size of the reversal box in pips
  • #59
  • Feb 11, 2026 7:26pm Feb 11, 2026 7:26pm
Quoting Shama369
I do really love this thread but I am not sure why it ends so early.. I hope we learn more please
Please be patient, I've been spending little time at home lately, I'm very busy, nothing's finished here, there's a collective interest... as soon as I finish the work I'll publish it! No panic!
  • #60
  • Feb 11, 2026 10:05pm Feb 11, 2026 10:05pm
i just build a place that you guys can backtest free with timeframe 1m from the beginning of data
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