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  • #1,581
  • Edited 8:48pm Oct 5, 2012 8:30pm | Edited 8:48pm
The last 2 days I have tried the W1 setting and so far everything looks good, will need to run next week yet to see if it works out OK.
So far 2 complete trades that went to PC and final target.
1 trade has gone to PC and is still open for the remainder yet.
I am using version 4 that hasn't been released yet, still need to test next week but it is very similar to version 3.
The W1 camarilla setting seems to work better than the D1 setting, maybe 5 pip bars would be better for the D1 setting.
I am using 10 pip Renko bars, see charts below for further info.

Not bad for 2 days:
I am trading 8 pair and using just the reversal Mode, BO Mode = false.
Looking at the charts I may have had 1 Breakout trade if it had been set to true, but I am still just testing the reversal mode for this next week, no BO Mode tests yet.

GBPUSD Trade
PC = +66 pips Close = +79 pips
PC = +54 pips (Still Open) (BEJS shows another locked in +40 pips so far with a possible +80 Pips if it hits the Target)

USDCAD Trade
PC = +40 pips Close = +47 pips

Total pips locked in so far = +326 pips (with a pssible +366 pips).

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.jpg Size: 114 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.jpg Size: 125 KB
  • #1,582
  • Oct 5, 2012 9:34pm Oct 5, 2012 9:34pm
@ seller 9 i cannot find cam renko version 3, only version 2 has been released, correct me i am wrong .
  • #1,583
  • Oct 6, 2012 9:43am Oct 6, 2012 9:43am
Quoting unimak
@ seller 9 i cannot find cam renko version 3, only version 2 has been released, correct me i am wrong .
I guess I forgot to post it, I will post version 4 this weekend, I need to write up some instructions for it first.
  • #1,584
  • Oct 6, 2012 3:11pm Oct 6, 2012 3:11pm
Here it is along with a Word Doc to explain a few things, not completely tested yet so give it a try. I have been testing it on the W1 Camarilla Period (see previous posts) with good luck, another week or two will tell the story, than I may go back and try D1 again.

I spend a lot of time in front of the computer tweaking before I release an EA and I would appreciate it if we could get more input on results from those who are downloading them.

Have you made your first Million yet, I here it is the hardest?

Attached File(s)
File Type: zip Cam_Renko_v4.zip   112 KB | 954 downloads
  • #1,585
  • Oct 6, 2012 4:17pm Oct 6, 2012 4:17pm
Very good week for RB thanks to the fall of the Aussie dollar.

EURUSD = +43 pips (4 wins, 2 loss)
AUDUSD = +60 pips (2 wins)
AUDCHF = +205 pips (3 win)
USDCAD = +4 (1 BE)
EURJPY = -5 (1 win, 1 loss, 1 BE)

I probably will not be posting anymore results for RB since it seems to be doing what the backetests are showing and overall a consistent performer. I plan to take EURUSD and AUDUSD live this week and will report the results in a month. Good luck and thanks again seller9 for your efforts....though once again I'd recommend adding the ability to modify the lot size by %risk for this EA.
  • #1,586
  • Oct 7, 2012 2:19am Oct 7, 2012 2:19am
@seller9, this is the conclusion that i have arrived for EMA renko latest version with the option to take one side entries. if we allow it to take all the entries as it comes then it results in a small loss and results in gains overall . however if we want to avoid the small loss then we need to take the help of the 62 bands and the 50 LWMA.

we should allow it to take the signal only when these bands are broken.

Here i seek the opinion of all of us as i am faced with the dilema. either allow it to take all the signal as it comes without human intervention

or use human intervention and set the rule ( here too u will miss the one signal when the market changes the trend )

or use the bands and filter the signal ,


let me know your thoughts which approach would be ideal in this ...


As regards cam renko , week or d1 values does not matter what matters is we should implement the rule that if u miss the tgt mentioned then it will reverse so we have save our trade from hitting a loss by covering the profits or atlead break even exit.

I am sure about this , i have already seen cam working for day wk and month .
  • #1,587
  • Oct 7, 2012 10:27am Oct 7, 2012 10:27am
Quoting unimak
@seller9, this is the conclusion that i have arrived for EMA renko latest version with the option to take one side entries. if we allow it to take all the entries as it comes then it results in a small loss and results in gains overall . however if we want to avoid the small loss then we need to take the help of the 62 bands and the 50 LWMA.

we should allow it to take the signal only when these bands are broken.

Here i seek the opinion of all of us as i am faced with the dilema. either allow it to take all the signal as it comes without human...
I haven't been following along with the MA_Renko EA so I don't know where your developement has led you, could you post a screen shot of the way you are using it now (your settings) and what you may want added or changed to improve it.
  • #1,588
  • Oct 7, 2012 11:13am Oct 7, 2012 11:13am
Quote:

As regards cam renko , week or d1 values does not matter what matters is we should implement the rule that if u miss the tgt mentioned then it will reverse so we have save our trade from hitting a loss by covering the profits or atlead break even exit.

**********************

I see what you are trying to do but how do we determine when we have missed the target, how much pull back?
Below is a screen shot of 2 trades on the same pair, the first trade did not use BEJS but let the SL stay at L4. As you can see we had 2 pull backs but we were lucky and the trade made it to PC and our target. If I had been using BEJS at 15/1/1 I would have been stopped out on the first pull back. The R/R on this trade was 48pips/79pips.
The second trade is using the BEJS but so far has not pulled back 15 pips to end the trade, we have reached our PC but not our target yet as the trade is still open. The pull back at the top does not count as we had not gone into profit yet (15 pips) to trigger the start of the BEJS so the SL was still at H4.

Are you looking to open a trade in the opposite direction when it pulls back a certin number of pips and the trade is closed, this may cause some whip saws?
This may work for BreakOut Trades as it seems they move more in the opposite direction when the target is missed.

Attached Image (click to enlarge)
Click to Enlarge Name: example.jpg Size: 138 KB
  • #1,589
  • Oct 7, 2012 2:12pm Oct 7, 2012 2:12pm
Quoting Athravan

Reminder of week commencing 24th Sept:

AUDCAD -23 pips
AUDUSD +30 pips
EURGBP -2 pips
EURJPY +34 pips
EURUSD +70 pips
GBPUSD +26 pips
USDCAD +75 pips
USDJPY +84 pips
Total +293 pips

43 Trades (22 Winners @ 841 pips and 21 Losers @ -548 pips)
Week commencing 1st October as follows:

AUDCAD -88 pips
AUDUSD -6 pips
EURGBP -67 pips
EURJPY -42 pips
EURUSD -91 pips
GBPUSD -63 pips
USDCAD +34 pips
USDJPY -29 pips
Total -352 pips

26 Trades (8 Winners @ 110 pips and 18 Losers @ -462 pips)

Same settings as the week before!

Regards
Ath
  • #1,590
  • Edited 8:45pm Oct 7, 2012 8:39pm | Edited 8:45pm
Quoting seller9
Quote:

As regards cam renko , week or d1 values does not matter what matters is we should implement the rule that if u miss the tgt mentioned then it will reverse so we have save our trade from hitting a loss by covering the profits or atlead break even exit.

**********************

I see what you are trying to do but how do we determine when we have missed the target, how much pull back?
Below is a screen shot of 2 trades on the same pair, the first trade did not use BEJS but let the SL stay at L4. As you can see we had 2 pull backs...

if u go thru the data whether it be week or month or day this missing of target results in a reverse fire . now as regards brkout trades they need to hit the target mentioned normally they hit the target and exceed it by a handsome margin , both sides sell and buy side

for the h3 to l3 kind of trade the they should hit the first tgt not the l3 or h3 so they should hit h1 or l1 as the case may be. if they miss this then they will go for brkout mode. now if we are conservative then we will use the bejs , then the result will be that we might make some pips as profit , sometimes we will close the trade via bejs before we hit the target, the trade will eventually hit the target or might miss it

so what i think ( suggestions welcome) is we should start with a initial sl say for h3 trade h4 plus 2 pip as sl , then suppose the trade moves 50 % of the tgt of h1 in this case for brkout it is 50 % of h5 we just move the sl to cost and put the tp at tgt t1 and wait for either one to take out

the result either we are in profit or we broke even , the result is no loss of capital .

I dont think we should use bejs here but bejs or some sort of adjustment need to be done to bring the sl up when the trade is in 50 % profit mode. This can be tried with h1 or h4 data also for quick turnaround. the principle is same works in all time frame.

we cannot determine like how much pull back qualifies as reverse fire threat like that , as i have seen trades missing target by 1 pip and firing in full force in reverse , so for a miss to qualify the trade should not hit the tgt , the tgt is a must hit kind of stuff , and it comes dn to trigger sl ( how to deal with it or this kind of scenario others can chip in with suggestions )
  • #1,591
  • Oct 7, 2012 8:46pm Oct 7, 2012 8:46pm
Quoting Athravan
Week commencing 1st October as follows:

AUDCAD -88 pips
AUDUSD -6 pips
EURGBP -67 pips
EURJPY -42 pips
EURUSD -91 pips
GBPUSD -63 pips
USDCAD +34 pips
USDJPY -29 pips
Total -352 pips

26 Trades (8 Winners @ 110 pips and 18 Losers @ -462 pips)

Same settings as the week before!

Regards
Ath
Pls check the losers why they became losers , did they miss the tgt ??
  • #1,592
  • Edited 9:01pm Oct 7, 2012 8:47pm | Edited 9:01pm
Quoting seller9
I haven't been following along with the MA_Renko EA so I don't know where your developement has led you, could you post a screen shot of the way you are using it now (your settings) and what you may want added or changed to improve it.

ok shall post the screen shot , also the prob

if we set manually to take all the buy signal based on the 200 ema then we might miss one trend change trade .

if we as it to take all signals then we might hit small sl

should we filter the small losses using the band ??

this is prob .
Attached Image (click to enlarge)
Click to Enlarge Name: signal.jpg Size: 118 KB
  • #1,593
  • Oct 9, 2012 10:40am Oct 9, 2012 10:40am
@seller 9 ,In MA Renko can we have the RSI along with CCI with user control .
  • #1,594
  • Oct 9, 2012 1:09pm Oct 9, 2012 1:09pm
Quoting unimak
@seller 9 ,In MA Renko can we have the RSI along with CCI with user control .
Here is version 5 with RSI added, give it a try, I haven't tested it but it should be OK.

Could you post a chart of how this EA is working for you?

Attached File(s)
File Type: ex4 MA_Renko_v5.ex4   50 KB | 1,045 downloads
  • #1,595
  • Oct 23, 2012 5:10am Oct 23, 2012 5:10am
I had a trade, but not by the rules I think, it took a buy when price was above the 105 ma but did not crossed the riverband, could there be a bug in the ea?
Attached Image (click to enlarge)
Click to Enlarge Name: rb renko v8.jpg Size: 138 KB
  • #1,596
  • Oct 29, 2012 9:56pm Oct 29, 2012 9:56pm
Quoting MonsterFly
Very good week for RB thanks to the fall of the Aussie dollar.

EURUSD = +43 pips (4 wins, 2 loss)
AUDUSD = +60 pips (2 wins)
AUDCHF = +205 pips (3 win)
USDCAD = +4 (1 BE)
EURJPY = -5 (1 win, 1 loss, 1 BE)

I probably will not be posting anymore results for RB since it seems to be doing what the backetests are showing and overall a consistent performer. I plan to take EURUSD and AUDUSD live this week and will report the results in a month. Good luck and thanks again seller9 for your efforts....though once again I'd recommend adding the ability...

It's been a month and thought I'd post some of my results and new findings/understanding of my backtest results. Basically I chickened out and only ran EU live and kept my demo going on the other pairs. My results were...

Live account:

EU = +157 pips (10 win, 4 loss)

Demo Account:

EU = +149 (10 win, 4 losss)
AU = -15 (5 win, 4 loss)
EJ = -60 (7 win, 3 loss)
AC = +325 (9 win, 8 loss)

It turned out ok but I did see a big mistake/misunderstanding of the backtest vs. live testing. I included a spreadsheet which compares the backtest mode vs standard renko bar with wicks. Basically the backtest uses a different type of bar compared to live trading (you can see it in the spreadsheet) to get the correct open trade. In most of the EA's I use this is not an issue but it can be with this EA. What I did not realize is that you can use the backtest bar mode to live trade. By doing this the forward and backtest align much better, however, you will need to have the indicator in order to do this which you need to purchase.

I will be testing two charts running EU and AC, one is the standard renko and the other is the backtest renko bar just to further validate the results. One type of bar is not necessarily better than another but the backtest renko bar will match the optimized backtest settings better.
Attached File(s)
File Type: xlsx chart comparison.xlsx   166 KB | 503 downloads
  • #1,597
  • Oct 31, 2012 6:30pm Oct 31, 2012 6:30pm
thanks monsterfly, keep up posted
  • #1,598
  • Edited 11:37pm Nov 23, 2012 12:11am | Edited 11:37pm
Quoting seller9
Here is version 5 with RSI added, give it a try, I haven't tested it but it should be OK.

Could you post a chart of how this EA is working for you?

Attachment
Hi Seller9,

Please help me! As you can see on attached charts EA placed too much orders and closed them before "MaExitShortPeriod" crossed "MaExitLongPeriod". What could be done? Thanks, Mary
Attached Image (click to enlarge)
Click to Enlarge Name: ma renko v5 nzdusd.png Size: 47 KB
  • #1,599
  • Nov 28, 2012 8:44am Nov 28, 2012 8:44am
Hi to All and Seller9, I'm new here. After I'd read a few pages from the beginning and the end of this thread. I'm confused. At the beginning, ETB was the topic, but at the end, RB_Renko is the topic now.
Can someone tell me what are we using now?
Thx to All.
Keep learning while you are alive!
  • #1,600
  • Nov 29, 2012 5:07pm Nov 29, 2012 5:07pm
Quoting exiao
Hi to All and Seller9, I'm new here. After I'd read a few pages from the beginning and the end of this thread. I'm confused. At the beginning, ETB was the topic, but at the end, RB_Renko is the topic now.
Can someone tell me what are we using now?
Thx to All.
Hi

im using the "Expert Toolbox v1.10" it has been updated recently from v1.09 some minor changes that i suggested along with some bugs and Seller9 fixed them, Download is available on the 1st page.

1 - Display Error bug BE/JS showed 1/0/0 when i selected for example 15/1/1
2 - Modified "CandleStickTrailStop" had some bugs replaced with a simple version.
3 - Replaced "FUTURES CandleTrailStop" (had minor issues) with the new "TrailingStopLossPips" (same one in "RB Renko v9") since it works with FUTURES better.
4 - also Seller9 Added "Minutes" options in the "Trading hours" settings

i also like the RB Renko v9 EA, just all the options available in the "Expert Toolbox" is my preferred EA

Keep up the Great Work Seller9

Don't forget Practice + Patience + Persistence = Profits
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