Check this one that ran for over 40 pips!!
Regards
Ath
Attached Image (click to enlarge)
Thank you seller 9 for all you r doing. Thanks to all the active contibutors to this thread...your criticisms and valuable opinions have made me a better trader.
What am about to share is largely theoretical. Needless to say, i have tried to trade it manually but these 2problems keep getting in the way.......renko bars most times form too fast and cause me to enter trades too late and it needs 100% of my time staring at charts. So am wondering if an ea can be made to trade this......
The system uses the rise of adx (14) d line and cross of +d and -d lines. I have adx cross signal to tell me when the + and - d lines cross and only enter trades when the adx dline itself rises (see charts attached)
To help trade adx rising manually, i attached levels of 1digit spacing on the adx window. This is time consuming so i've attached the tpl also so u can observe ursef
I must apologize for using uchf in my illustrations since eu n ej are the pairs tested here due to the 5pip renko size........It also works with eu n ej as well
The advantage is that it keeps one out of ranging markets but the disadvantage is that adx is a lagging indicator n as such gets to the party late. I have tried to tweak the setting a little bit like adx(10),(7) etc bt it gets more trades and more whip saws as well.Presently am working on using adx(20).
Pls your help will be greatly appreciated. If this is possible, let me know so i'll send the details later on......
Thanks in advance seller 9
and keep up the good work 
What am about to share is largely theoretical. Needless to say, i have tried to trade it manually but these 2problems keep getting in the way.......renko bars most times form too fast and cause me to enter trades too late and it needs 100% of my time staring at charts. So am wondering if an ea can be made to trade this......
The system uses the rise of adx (14) d line and cross of +d and -d lines. I have adx cross signal to tell me when the + and - d lines cross and only enter trades when the adx dline itself rises (see charts attached)
To help trade adx rising manually, i attached levels of 1digit spacing on the adx window. This is time consuming so i've attached the tpl also so u can observe ursef
I must apologize for using uchf in my illustrations since eu n ej are the pairs tested here due to the 5pip renko size........It also works with eu n ej as well
The advantage is that it keeps one out of ranging markets but the disadvantage is that adx is a lagging indicator n as such gets to the party late. I have tried to tweak the setting a little bit like adx(10),(7) etc bt it gets more trades and more whip saws as well.Presently am working on using adx(20).
Pls your help will be greatly appreciated. If this is possible, let me know so i'll send the details later on......
Thanks in advance seller 9
and keep up the good work 
- #1,308
- Aug 24, 2012 11:40am Aug 24, 2012 11:40am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here is a basic ADX EA for testing the use of ADX.
Here are some of the settings, the others are the same as some of my other EAs.
1) StopLossPips is the initial Broker SL setting sent to the Broker when the order is placed.
2) TrailingStopLossPips will take affect when the trade goes into profit and will set by how many pips the Broker SL will trail. Set to zero to disable.
3) ADXperiod is where you can set the ADX period.
4) UseADXtrigger is set to true if you want to use the ADX level as a trigger also.
5) ADXtrigger is the level you want to use as a trigger.
6) UseADXrise set to true if you want the last 2 closed candles of ADX to be increasing.
7) UseADXd1Cross set to true if you want to trigger on the cross of the +D1 and -D1 lines. This is only good for the closed candle after the cross, after that it goes away.
8) UseADXd1 set to true if you only want the +D1 to be above the -D1 for a long or the -D1 to be above +D1 for a short.
9) TakeProfitPipsTargetOne if left at zero will use a candle color change to activate the PC.
I haven't tested this yet so your on your own for now.
Here are some of the settings, the others are the same as some of my other EAs.
1) StopLossPips is the initial Broker SL setting sent to the Broker when the order is placed.
2) TrailingStopLossPips will take affect when the trade goes into profit and will set by how many pips the Broker SL will trail. Set to zero to disable.
3) ADXperiod is where you can set the ADX period.
4) UseADXtrigger is set to true if you want to use the ADX level as a trigger also.
5) ADXtrigger is the level you want to use as a trigger.
6) UseADXrise set to true if you want the last 2 closed candles of ADX to be increasing.
7) UseADXd1Cross set to true if you want to trigger on the cross of the +D1 and -D1 lines. This is only good for the closed candle after the cross, after that it goes away.
8) UseADXd1 set to true if you only want the +D1 to be above the -D1 for a long or the -D1 to be above +D1 for a short.
9) TakeProfitPipsTargetOne if left at zero will use a candle color change to activate the PC.
I haven't tested this yet so your on your own for now.
- #1,309
- Aug 24, 2012 12:44pm Aug 24, 2012 12:44pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here is the next version of the MA EA in which you can adjust the open and close ma cross settings and a few other TP and SL settings.
This has not been tested so your on your own, but please post any results you have.
This has not been tested so your on your own, but please post any results you have.
- #1,312
- Aug 24, 2012 6:38pm Aug 24, 2012 6:38pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Thanks for the kind words.
Here is something you may find useful, it is an indicator that I just put together to see if it would make it easier to see what different settings of some of the EAs would look like on a chart. So far I have made one for the ADX EA and I am going to make some more for the other simple EAs. The alert settings are the same as the EA so you can try different settings to see where a signal would have taken place on the chart depicted by the Green and Red arrows (Maybe better than back testing). Below is a screen shot of the ADX EA with the Test_ADX_Renko indicator attached and the settings are shown in the settings window. This way you can try different settings and see what they look like on the chart, gives you something to do on the weekends when the market is closed. The arrow is on the alert candle and the trade would be taken at the Open of the next candle following the arrow.
Does this look like something that may be of use?
Good Luck, More to come.
Here is something you may find useful, it is an indicator that I just put together to see if it would make it easier to see what different settings of some of the EAs would look like on a chart. So far I have made one for the ADX EA and I am going to make some more for the other simple EAs. The alert settings are the same as the EA so you can try different settings to see where a signal would have taken place on the chart depicted by the Green and Red arrows (Maybe better than back testing). Below is a screen shot of the ADX EA with the Test_ADX_Renko indicator attached and the settings are shown in the settings window. This way you can try different settings and see what they look like on the chart, gives you something to do on the weekends when the market is closed. The arrow is on the alert candle and the trade would be taken at the Open of the next candle following the arrow.
Does this look like something that may be of use?
Good Luck, More to come.
- #1,318
- Aug 25, 2012 10:10am Aug 25, 2012 10:10am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
After my disaster with Bands (20) and CCI (8) early in the week, I went back to slow settings for Friday.
Bands (34) and CCI (50) are what I will be running with all of next week - these settings took one trade on Friday and gained 26 pips.
Regards
Ath
Here is something that may make your testing a little easier for you. Its an indicator that replicates the RB_Renko_v8 EA, put it in the indicator folder.
You can try all the settings that are available and see right away the entry points on your chart. It does not do the exits.
Just set ADX to false and it will be the same as the version your now testing with.
The other change is you can use Aggressive or NonAggressive one at a time or both together, you can see the difference when you set them to true or false, this is in version 8.
The indy puts Green or Red arrows on the chart and you would take the trade at the open of the candle after the arrow.
Let me know what you think.
- #1,319
- Aug 25, 2012 12:31pm Aug 25, 2012 12:31pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
@seller9 another idea that i am toying is based on the camarill pivot level. when i look at yesterday levels , this went thru cooly, also the ema cross was telling the direction as south correctly . so combining these two we can easily build a ea which is safe.
Short Bkout Short TGT
1.2523 1.2493
Yesterday levels
Long TGT Long Bkout Go Short Go Long Short Bkout Short TGT
1.2624 1.2595 1.2577 1.2541 1.2523 1.2493
Trade time London to London ( open and close ) 1 h data
2012.08.24 08:00 1.25347...
