Renko charts in the trading simulator | Forex Factory

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Renko charts in the trading simulator

  • #1
  • First Post: Jan 15, 2011 4:51am Jan 15, 2011 4:51am
Hi has anyone successfully loaded renko bars onto any of the trading simulators?

I have renko from this thread http://www.forexfactory.com/showthread.php?t=189584

and the trading simulator from here http://www.forexfactory.com/showthread.php?t=70742

I've also used vhands but less than the one above.

Help muchly appreciated as simulator trading works for me very well
  • #2
  • Jan 15, 2011 8:26am Jan 15, 2011 8:26am
I wrote a simple trading simulator that uses the keyboard. You press 8 on the numpad to buy, 2 to sell, and 5 to close. You can also pre-set tp/sl levels if you want. Its really easy to use and you can obviously attach whatever indicator you want on the chart.. Are you interested in that?

If you are asking how to get offline renko charts onto the strategy tester in general, the answer is the following: You have to trick MT4 into thinking that it is accessing a standard time frame data. To do this, delete the .hst files from the history folder as well as the .fxt files from the tester/history folder. Now you can generate a renko chart in the time frame that you deleted and access it through strategy tester.

There is more detailed info in the renko bar chart thread.

Heed this warning though: Renko is completely inaccurate if you are using ohcl data to generate them and the renko box size is small. It creates huge triangles that don't really exist. It is possible however to generate the renko on a per-tick basis.
  • #3
  • Jan 15, 2011 9:58am Jan 15, 2011 9:58am
Quoting ForexSimVids
Hi has anyone successfully loaded renko bars onto any of the trading simulators?

I have renko from this thread http://www.forexfactory.com/showthread.php?t=189584

and the trading simulator from here http://www.forexfactory.com/showthread.php?t=70742

I've also used vhands but less than the one above.
Yes. Although, I do not use the renko script or simulator you reference - I created my own.

If you have the source code of the simulator, it should be relatively easy to alter it to use renko bars instead of time bars. Otherwise, you'd have to contact the creator of the simulator for this enhancement.

Sounds like mfurlend has a good alternative for you to try.
  • #4
  • Jan 15, 2011 10:15am Jan 15, 2011 10:15am
Quoting mfurlend
I wrote a simple trading simulator that uses the keyboard. You press 8 on the numpad to buy, 2 to sell, and 5 to close. You can also pre-set tp/sl levels if you want. Its really easy to use and you can obviously attach whatever indicator you want on the chart.. Are you interested in that?
I use the LFH_ simulator, I would be interested in a different sim to compare.

cheers
  • #5
  • Jan 15, 2011 10:22am Jan 15, 2011 10:22am
LFH simulator is good one , you can also try VHands
  • #6
  • Jan 15, 2011 7:47pm Jan 15, 2011 7:47pm
Well if you want to try my trading simulator, I just posted it:
http://www.forexfactory.com/showthre...09#post4316709
  • #7
  • Jan 15, 2011 10:23pm Jan 15, 2011 10:23pm
Quoting ForexSimVids
Hi has anyone successfully loaded renko bars onto any of the trading simulators?
hi i backtested renko before with this method go to this link and follow the steps i dont know if there is any easier way to backtest renko other than this try it it worked for me
http://forexelite.net/renko-bars-how-to-backtest-renko/

hope this what u was looking at
  • #8
  • Jan 16, 2011 2:00pm Jan 16, 2011 2:00pm
Thanks for your description. I've looked up your posts in the renko thread. I can tell that you've put a lot of work into this. I was hoping for an easy solution, but it seems very complicated.

Do you know i there is an alternative platform to mt4 that does this? I thought something was mentioned in the other thread

Quoting mfurlend
I wrote a simple trading simulator that uses the keyboard. You press 8 on the numpad to buy, 2 to sell, and 5 to close. You can also pre-set tp/sl levels if you want. Its really easy to use and you can obviously attach whatever indicator you want on the chart.. Are you interested in that?

If you are asking how to get offline renko charts onto the strategy tester in general, the answer is the following: You have to trick MT4 into thinking that it is accessing a standard time frame data. To do this, delete the .hst files from the history folder...
  • #9
  • Jan 18, 2011 8:34pm Jan 18, 2011 8:34pm
Maybe tradestation can do it. I'm not sure though. Sorry I can't be of more help.
  • #10
  • Last Post: Jan 18, 2011 11:48pm Jan 18, 2011 11:48pm
Don't be sorry for my laziness Thank you for your advice
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