I am not sure if it will solve the problem for that particular EA, but generally the reason EAs may fail on Renko charts or other offline charts is because new "ticks" do not activate the EA's start() function. This script will force the start() function to activate every 0.1 seconds (you can change this in the code).
I forgot you actually need to make a modification to WinUser32.mqh in order for the script to compile.
Add this line to WinUser32.mqh (in experts/include):
int RegisterWindowMessageA(string lpString);
Please, tell me, how to solve the problem while backtesting concerning opening trades from the open point instead of the close point of the renko bricks (if they change each other one after one)? It causes incorrect testing results in Strategy Tester.
This problem is described also HERE.
Help please.
May I know where do I get the pseudo code for Renko Chart? I have understand the abstract of the concept as it is working on backward calculation but I do not know how do they determine the last bar drawn based on different block size chosen. Anyone can help on this?
It starts from a given place in the history + box offset (which could be 0). Then it draws renko bars based on the box size. When the absolute value of price- "box start price" >= "renko box size" a new renko bar is drawn.
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Dear,mfurlend!
Can your charts be traded live? Can those tick-by-tick renko brocks be updated online for real trading? Thanks!
Well the renko charts I posed were generated with my tick-by-tick method on real dukascopy tick data. I guess you could just attach my modification as an EA instead of running it through the strategy tester and it would generate the data from live ticks..... I'm not sure I understand your question.
It starts from a given place in the history + box offset (which could be 0). Then it draws renko bars based on the box size. When the absolute value of price- "box start price" >= "renko box size" a new renko bar is drawn.
Well the renko charts I posed were generated with my tick-by-tick method on real dukascopy tick data. I guess you could just attach my modification as an EA instead of running it through the strategy tester and it would generate the data from live ticks..... I'm not sure I understand your question.
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Can you emphasize by given place in history? This is the part I do not get it. I know how the way it goes back only. lets say if you open 2 same pairs of chart but at different timing. will both chart start price be the same?
I am getting unrealistically positive results on backtesting with my tick-by-tick method of generating the renko chart. Has anyone spotted this issue and determined the cause?
It starts from a given place in the history + box offset (which could be 0). Then it draws renko bars based on the box size. When the absolute value of price- "box start price" >= "renko box size" a new renko bar is drawn.
Well the renko charts I posed were generated with my tick-by-tick method on real dukascopy tick data. I guess you could just attach my modification as an EA instead of running it through the strategy tester and it would generate the data from live ticks..... I'm not sure I understand your question.
What are you referring to when you say "that EA?"
If you are talking about my modification of the renko livechart EA then your question makes no sense as that EA is for generating history data not trading.
If on the other hand you are talking about an EA intended for use on renko charts, which works in backtesting but fails to open trades live, here is the solution:
Drop this script onto the renko chart after loading the EA.
(small modification of the JumpStart script)
