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Renko-Snowball

  • #61
  • Mar 5, 2011 10:47am Mar 5, 2011 10:47am
Quoting kinonen
if you want try this


kinonen
while conditions are met , you can add to the position or move your sl
dont take retracements but only short like in in this example
you only take longs if candles above kumo etc ...

so this technique can be you for scalping 15 /20 pips each time
let me know what you"re thinking

i have made a video but cannot upload it
(only 2min but too large perhaps )
kino
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  • #62
  • Mar 7, 2011 1:44am Mar 7, 2011 1:44am
hi kino

thank you for sharing you setup. it looks interesting.
  • #63
  • Mar 8, 2011 6:09pm Mar 8, 2011 6:09pm
how to make it work in 4 digit broker ?
  • #64
  • Mar 9, 2011 4:58pm Mar 9, 2011 4:58pm
I basicly changed something about this program and idea. and recode it...
here it is the statement and the ex4 file....
Please forward test it that who have good connection...
Waiting for comments
and results
by the way the first drawdown at graph is belong to another settings and ea... so consider these too... thank you for spending time

note -- mod: option should be 100 ... the other settings are default...
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 renkobuyer1.1c.ex4   9 KB | 837 downloads
  • #65
  • Mar 9, 2011 7:19pm Mar 9, 2011 7:19pm
Quoting cozbek88
I basicly changed something about this program and idea. and recode it...
here it is the statement and the ex4 file....
Please forward test it that who have good connection...
Waiting for comments
and results
by the way the first drawdown at graph is belong to another settings and ea... so consider these too... thank you for spending time

note -- mod: option should be 100 ... the other settings are default...
Thanks for your continuous effort to make the EA profitable. I'll get it tested on my VPS.
  • #66
  • Mar 9, 2011 7:43pm Mar 9, 2011 7:43pm
Quoting kinonen
if you want try this
it works good on cfd here its french CAC40

open zip file ; template on templates folder and indicators ...

on renko on 2mn Offline chart
(ichimoku + the 2 other indicators one is mine and the other is bbMacd)
you use template i've made (see zip file)
when renko is above EMA50 and above kumo and bbmacd green (best if also above zero line and boll line) and kino cci rsi ... is above zl...
Do you think there is the possibility that #kino_currencies_vHisto4 work on Renko?
Humble & Kalcker CLO2 = Covid killer
  • #67
  • Mar 9, 2011 7:58pm Mar 9, 2011 7:58pm
I tested the original version since Friday. I don't believe it anymore...

The reason is simple: It failed to show good results... Max profit factor was 1.25... Now the account balance is below the initial "deposit".

And I have this balance because if TP isn't reached, the open trades are closed at SL, losing 10 pips

I would suggest some changes:

1. Working hours - variable because of the different server time of the brokers - set between London (maybe Frankfurt) Open and London Close. If we have an open trade, it will be closed only when we have a block in the oposite direction, even if it happens after London Close.

2. open only one buy/sell stop order 5 pips=one renko block above/below the first block of the trend. SL variable, default 10 pips. No TP.

3. Move SL to breakeven at 10 pips profit

4. Close the trade when you have a block in the oposite direction and SL is at Breakeven. Then repeat this from 2.


This would give good R/R, I think. The original EA has a good R/R bit closes many trades at a loss... Now if you could make an EA from this, I would appreciate it.

In the mean time I will test v1.1c
  • #68
  • Mar 9, 2011 10:05pm Mar 9, 2011 10:05pm
Very good... ten trades, nine wins... Let's see it we keep this record
  • #69
  • Mar 10, 2011 9:36am Mar 10, 2011 9:36am
Quoting lsousa
I tested the original version since Friday. I don't believe it anymore...

The reason is simple: It failed to show good results... Max profit factor was 1.25... Now the account balance is below the initial "deposit".

And I have this balance because if TP isn't reached, the open trades are closed at SL, losing 10 pips

I would suggest some changes:

1. Working hours - variable because of the different server time of the brokers - set between London (maybe Frankfurt) Open and London Close. If we have an open trade, it will be closed only when we...
it is a little bit different concept.. But I ll try to do that...
It can take time to conclude
  • #70
  • Mar 10, 2011 3:57pm Mar 10, 2011 3:57pm
I have been running the EA for about a week, with trying different settings, but I still couldn't find the right settings to have the EA profitable. From the comments in the topic and the available information I just could not figure out the EA parameters.

So please belka or somebody with 4 digit broker, who is running the EA with success, share your settings. Or czobek please give some explanation about EA parameters, so that I can play with it. But right now I just don't know what items could be changed (divided by 10) to fit a 4 digit broker. The EA works, but handles positions in a non-profitable way. I know it is simply a question of settings, but I need some help.

Thanks for the EA, I find it really interesting and promising. Hope I can contribute to the thread once I get on track.
  • #71
  • Edited 4:40pm Mar 10, 2011 4:29pm | Edited 4:40pm
Hi Cozbek

yes, it's not a snowball...

btw, today was not a good day for v1.1c and probably, also to the rules I wrote...

The asian session gave a lot of winning trades to v1.1c but the london session results where bad and I am a bit below the initial deposit.

E/U going down one hour in the London session, then up, then down, with some hammer candles... Not really decided to take a direction.

If you have the time and knowledge to code my ideas, go ahead. Thank you.

But be aware that it's no tests where made on this.

The biggest moves in the market come during the London/NY sessions. This is only an idea to take profits from these moves...
  • #72
  • Mar 10, 2011 6:15pm Mar 10, 2011 6:15pm
Quoting Spr
I have been running the EA for about a week, with trying different settings, but I still couldn't find the right settings to have the EA profitable. From the comments in the topic and the available information I just could not figure out the EA parameters.

So please belka or somebody with 4 digit broker, who is running the EA with success, share your settings. Or czobek please give some explanation about EA parameters, so that I can play with it. But right now I just don't know what items could be changed (divided by 10) to fit a 4 digit broker....
you should say exactly which version do you want to try...
Because of my eager I write very diff eas ... it is not good I know
say version get settings
  • #73
  • Mar 10, 2011 6:24pm Mar 10, 2011 6:24pm
Quoting lsousa
Hi Cozbek

yes, it's not a snowball...

btw, today was not a good day for v1.1c and probably, also to the rules I wrote...

The asian session gave a lot of winning trades to v1.1c but the london session results where bad and I am a bit below the initial deposit.

E/U going down one hour in the London session, then up, then down, with some hammer candles... Not really decided to take a direction.

If you have the time and knowledge to code my ideas, go ahead. Thank you.

But be aware that it's no tests where made on this.

The biggest moves in the...
Snowball idea has a good potential I think...
But the main problem is this idea works at only trending market conditions...
I am working on something that gives us profit at trends and gives breakeven at choppy market conditions
I briefly examine your thoughts.. it is doable but It is not profitable again...
I tried once something like that...
At the beginnig I know This idea that I am using in my ea will not be succesfull by only itself... I have to use semi martingale to make it succesfull..
Keeping high R:R ratio and increasing lot size accordingly will give really good profit...
I know you are very very against martingale systems.. but the one I am talking about is very different aspect...

I am looking a chart now... At a choppy market condition... And think I found a solution how to rescue ourselves
I am coding.. And will try now...Let you know

seee youu
  • #74
  • Mar 11, 2011 2:07am Mar 11, 2011 2:07am
Quoting cozbek88
Snowball idea...
Hi cozbek88 - i have been trading renko for a while somewhat successfully, and along similar lines, but manually (adding new trades every so many bars based on how confidence I have in a move).

Your EA seems quite interesting; I believe it might help if you including 1) a trailing stop, and 2) use the Close[0] price (bid) for all purposes instead of using the Ask price - so may be an option to disregard the spread - so it does not open trades just because the spread is too large during volatile times.

Another interesting addition would be to add the option to place trades only in a certain direction based on MA direction determined by user specified parameters (ma mode, ma period).

Thx for sharing this.
  • #75
  • Mar 11, 2011 8:35am Mar 11, 2011 8:35am
yes, trailing stops or, at least, stops to breakeven woud prevent many losing trades, even in the first version of the EA.

I saw many trades where TP was almost hit, but ended with a loss...
  • #76
  • Mar 11, 2011 3:18pm Mar 11, 2011 3:18pm
hi,

this result for today on EURUSD.
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  • #77
  • Mar 11, 2011 4:42pm Mar 11, 2011 4:42pm
Fredifly, are you with the first version of the EA.

My results with v1.1c are better.

If you have the same version, maybe this is because of a lost connection after NY close yesterday...

I logged in again and lost trades and orders and some euros in the balance...

Let's see if these results happen in the long run...

-----------------------------

cozbek, I arrived home after NY/week close and noticed I have orders and trades I can't close because of the weekend. Like many people, I don't like that...

Maybe you could include in future versions of the EA an instruction to close all orders and trades 2/3 hours before NY close on Friday.

Thanks
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  • #78
  • Mar 14, 2011 2:53am Mar 14, 2011 2:53am
hi isousa,

i use 1.1c version. I put the ea at 9h00 and close this at 18h00 GMT.

I try again today. I will post result later.

What is your setting? I use defauft setting.
  • #79
  • Mar 14, 2011 12:54pm Mar 14, 2011 12:54pm
result for today (only EURUSD)
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  • #80
  • Mar 14, 2011 4:25pm Mar 14, 2011 4:25pm
Quoting fredifly
hi isousa,

i use 1.1c version. I put the ea at 9h00 and close this at 18h00 GMT.

I try again today. I will post result later.

What is your setting? I use defauft setting.
1.1c working 24 hours

mod=100, other settings default, as cozbek said in post 64.

Today was another bad day.
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