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50 pips candle system

  • #441
  • Dec 10, 2009 1:07pm Dec 10, 2009 1:07pm
Chris B,
What can be wrong that it not appear on my chart, Ican make it smile and do the chart offline but not enough??? thank very much
  • #442
  • Dec 10, 2009 1:14pm Dec 10, 2009 1:14pm
One thing I can suggest right now with the Stephen EA is to set it to trade the patern RGRGRGRG during 12noon to about 6PM Eastern time.
The market is sideways during this period if there is no major news.

I am still working on other patterns.
Attached Image (click to enlarge)
Click to Enlarge Name: 50-pip_candle.gif Size: 25 KB
  • #443
  • Dec 10, 2009 1:17pm Dec 10, 2009 1:17pm
Quoting Chris_B
If nobody helps you....help yourself!!!

I've asked some coder...but nobody was interested in doing this.....

So....I've modified LiveRenkoChartV3.2.mq4 ...

a few hours of work to understand how it was coded...and this is the result... RenkoRangeBarsV1.0.mq4!!

Exactly what we need for this strategy!!

It's basically the same as renko EA...so you can apply indicators on it (useless) or running Ea's on it (useful)...

I'm sure it has some bugs...let's try it!!

Place this file in your experts folder
Open a 1M chart
Drag this...


Wow...., Chris !!

That was good man. I used to do C++ in school, but it has been a long time and I have forgotten almost everything I learnt.
  • #444
  • Dec 10, 2009 1:18pm Dec 10, 2009 1:18pm
Quoting Saintsurfer
Chris B,
What can be wrong that it not appear on my chart, Ican make it smile and do the chart offline but not enough??? thank very much
Follow these instructions and it should work...

1. Place the mq4 code in the Experts directory.

2. Make sure to check the "Allow DLL imports" and "Allow import of external experts" boxes (both of them) are checked. they are under the Saftey section of the Common tab

3. Also check the "Allow live trading" box in the Live Trading section of the Common tab. Also make sure the Expert Advisors button is depressed in the Gui. When everything is good a smiley face will appear in the upper right hand corner.

4. Drop the ea on a 1 minute chart of any instrument. The comment will tell you which offline chart to open.


To view the Renko Chart :

1. To open offline chart : click File(from menu) >Open Offline and pick the chart you want.
Market is like a puzzle, YOU have to fit the pieces!!
  • #445
  • Dec 10, 2009 1:23pm Dec 10, 2009 1:23pm
Quoting maxwell-eqtn
Wow...., Chris !!

That was good man. I used to do C++ in school, but it has been a long time and I have forgotten almost everything I learnt.
I've only changed another code... :-) and it's not perfect for now...

But when it will work properly we will can easily create an EA that trades the patterns..
Market is like a puzzle, YOU have to fit the pieces!!
  • #446
  • Dec 10, 2009 1:32pm Dec 10, 2009 1:32pm
Quoting Chris_B
Follow these instructions and it should work...

1. Place the mq4 code in the Experts directory.

2. Make sure to check the "Allow DLL imports" and "Allow import of external experts" boxes (both of them) are checked. they are under the Saftey section of the Common tab

3. Also check the "Allow live trading" box in the Live Trading section of the Common tab. Also make sure the Expert Advisors button is depressed in the Gui. When everything is good a smiley face will appear in the upper right hand corner.

4. Drop the ea on a 1 minute chart...
It smiles but not apear...strange
  • #447
  • Dec 10, 2009 1:33pm Dec 10, 2009 1:33pm
I think too it may help to zoom the 1 min chart all the way out, turn off the chart shift & auto scroll so you can scroll the chart as back as far as possible to give the ea more candles to work with before you attach the renko ea to the one min chart. After it generates the offline chart you can turn the shift & auto scroll buttons back on in the one min chart if you want to.
just my 2 cents...

Great job Chris.

Quoting Chris_B
Follow these instructions and it should work...

1. Place the mq4 code in the Experts directory.

2. Make sure to check the "Allow DLL imports" and "Allow import of external experts" boxes (both of them) are checked. they are under the Saftey section of the Common tab

3. Also check the "Allow live trading" box in the Live Trading section of the Common tab. Also make sure the Expert Advisors button is depressed in the Gui. When everything is good a smiley face will appear in the upper right hand corner.

4. Drop the ea on a 1 minute chart...
Attached Image (click to enlarge)
Click to Enlarge Name: 50 pip renko bricks.gif Size: 19 KB
  • #448
  • Dec 10, 2009 1:40pm Dec 10, 2009 1:40pm
Quoting Saintsurfer
It smiles but not apear...strange
IMPORTANT to view RENKO:
Open offline chart : click File(from menu) >Open Offline and pick the chart you want (e.g. GBPUSD, M2)
  • #449
  • Dec 10, 2009 1:44pm Dec 10, 2009 1:44pm
Quoting Saintsurfer
It smiles but not apear...strange
Have you opened the offline chart M2???
Market is like a puzzle, YOU have to fit the pieces!!
  • #450
  • Dec 10, 2009 1:47pm Dec 10, 2009 1:47pm
thank you all it works now, needed m2 chart
  • #451
  • Dec 10, 2009 2:03pm Dec 10, 2009 2:03pm
Here is what I see from Chris's chart.

7_wins and 1_loss. That will give 300 at least 300 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 50pip_renkorangebars2.GIF Size: 14 KB
  • #452
  • Dec 10, 2009 2:07pm Dec 10, 2009 2:07pm
Quoting maxwell-eqtn
Here is what I see from Chris's chart.

7_wins and 1_loss. That will give 300 at least 300 pips
Yes...the best thing we can do is test all the variants of the system and find the better results over the long time..
Market is like a puzzle, YOU have to fit the pieces!!
  • #453
  • Dec 10, 2009 4:52pm Dec 10, 2009 4:52pm
Quoting Chris_B
Yes...the best thing we can do is test all the variants of the system and find the better results over the long time..
Good job chris !!
  • #454
  • Edited 5:21pm Dec 10, 2009 5:06pm | Edited 5:21pm
Thanks...I hope it will work well...

I think i've fixed a little bug in the current bar...but i'm not sure... here's the updated version...
Attached File(s)
File Type: mq4 RenkoRangeBarsV1.1.mq4   13 KB | 620 downloads
Market is like a puzzle, YOU have to fit the pieces!!
  • #455
  • Dec 10, 2009 5:52pm Dec 10, 2009 5:52pm
GREAT JOB Chris_B!

Way to take initiative and solve the problem! (Renko Script)

Two thumbs up!

So far, looks like just what we were looking for.

Kudos as well to Zebulon for bringing the system to light!
  • #456
  • Dec 10, 2009 6:18pm Dec 10, 2009 6:18pm
Quoting Chris_B
Thanks...I hope it will work well...

I think i've fixed a little bug in the current bar...but i'm not sure... here's the updated version...
Was about to mention that I didn't think the ea version was keeping up with the real price.
Would it be very hard to make it into an indicator version so that multiple renko brick charts could be generated from the same 1 min chart?
A script version would be great too for running back test etc...
  • #457
  • Dec 10, 2009 9:09pm Dec 10, 2009 9:09pm
zebulon. u were asking the worst hit mth.. it was april. are u going to do a test or anything? =D
  • #458
  • Dec 10, 2009 9:17pm Dec 10, 2009 9:17pm
Quoting maxwell-eqtn
Here is what I see from Chris's chart.

7_wins and 1_loss. That will give 300 at least 300 pips

did u test just on playing the trend? =D
  • #459
  • Dec 11, 2009 1:27am Dec 11, 2009 1:27am
Quoting ja5on
zebulon. u were asking the worst hit mth.. it was april. are u going to do a test or anything? =D
I'd like to, if i have the datas, i can't go back so far with my broker (not on little TF). On big TF i can miss some movements..
  • #460
  • Dec 11, 2009 1:29am Dec 11, 2009 1:29am
december updated :
initial method = -100 pips
evolution = 400 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 09-12-11 08 00 52.jpg Size: 31 KB
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