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Lets Automate a Simple Renko Strategy!

  • #441
  • Mar 27, 2015 5:57am Mar 27, 2015 5:57am
Quoting IAmRetep
{quote} EA behavior suggests that there must be another exit function :-) You took 2 minutes to make your partially 4 letter words changes. Probably you'll need only half an hour to understand the whole code, right? For example look here : void TechnicalAnalysis2x31() { if ((Close[2] > Open[2]) && (Close[1] < Open[1])) { CloseOrder35(); } }
Peter.

Awesome!

Good catch.

Feel free to make these changes and please keep the name as Mike_Hunter!

(That's what happens when I've had a few beer and start hitting the code)
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #442
  • Mar 27, 2015 6:02am Mar 27, 2015 6:02am
Quoting Magix
{quote} Peter. Awesome! Good catch. Feel free to make these changes and please keep the name as Mike_Hunter! (That's what happens when I've had a few beer and start hitting the code)
Man ...
  • #443
  • Edited 6:20am Mar 27, 2015 6:07am | Edited 6:20am
Quoting Hansi
{quote} Thanks Friend But i dont can write an EA. Maybe this is an Idea for all. Peace
Sure ya can!

You've just never looked at it...

User input:
Inserted Code
extern int cci_period = 14;
extern int cci_cross_level = 100;

Entry Longs:
Inserted Code
(iCCI(Symbol(),0,cci_period,PRICE_TYPICAL,2)<cci_cross_level &&
iCCI(Symbol(),0,cci_period,PRICE_TYPICAL,1)>cci_cross_level)

Entry Shorts:
Inserted Code
(iCCI(Symbol(),0,cci_period,PRICE_TYPICAL,2)>-cci_cross_level &&
iCCI(Symbol(),0,cci_period,PRICE_TYPICAL,1)<-cci_cross_level)

From there, just reverse the conditions for close and SHAZAM!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #444
  • Mar 27, 2015 6:08am Mar 27, 2015 6:08am
Quoting verified
{quote} Man ...
Like, I know...right?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #445
  • Edited 6:52am Mar 27, 2015 6:09am | Edited 6:52am
I'm in the middle of moving house but once I get sorted I will post my EA on a separate thread. (not really a forum guy but happy to share some work)

As I've mentioned a few times in this thread you should really look at how quick the bricks are forming.. I also look at swings using zigzag. (I know it repaints but I use it as confirmation of the trend at the time.. ie if zag is getting pulled down as we are seeing quick red bricks being formed we place a sell (consecutive new lows).. and continue to sell on each new red brick till a green brick is formed then we cash in. (I found this the best way to capitalise on movements)

Numbers represent the minutes to form each brick.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-03-27 at 8.43.16 pm.png Size: 42 KB


Caught the latest red train =]
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-03-27 at 8.53.18 pm.png Size: 46 KB
  • #446
  • Mar 27, 2015 6:11am Mar 27, 2015 6:11am
Quoting Magix
{quote} Like, I know...right?
Nah, I take this serious and I really appreciate your contribution. However, if probs can be avoided we should try to do so, all of us.
  • #447
  • Mar 27, 2015 6:16am Mar 27, 2015 6:16am
Quoting verified
{quote} Nah, I take this serious and I really appreciate your contribution. However, if probs can be avoided we should try to do so, all of us.


Quoting Magix
In this house, much like your trading account, the more you can singly rely on your own efforts, the greater your chance is at longevity.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #448
  • Mar 27, 2015 6:23am Mar 27, 2015 6:23am
Quoting Magix
{quote} Peter. Awesome! Good catch. Feel free to make these changes and please keep the name as Mike_Hunter! (That's what happens when I've had a few beer and start hitting the code)
Oh, I would never dare to change your EA :-)
  • #449
  • Mar 27, 2015 6:27am Mar 27, 2015 6:27am
Quoting Magix
{quote} There are actually a few problems with this, getting past the stop loss... 1 thing might be to actually check that 3rd bar...ie, if Close[3]<Open[3]&&Close[2]>Open[2]&&Close[1]>Open[1] return (Buy);, this way it wouldn't grab the first trade in play when the EA is set on a multiple bar streak.... I never went through the entire code to change everything, only the trigger entry and trigger exit. The trigger exit, is 2 bricks, but it still seemingly trips out after 1, which, might be an issue with the code understanding the candles on renko...

Yup, just like what I've noticed on my trades. And it's a bit choppy now so I'm getting stopped out a lot.
I changed the SL to 350, which is 3 bars plus spread (more or less), it has potential but just like any other strategy like this, MM is the key.

[EDIT]
Had to restart the MT4, and again, getting a bunch of un-related trades opening just because of the 2-candles rule.
  • #450
  • Edited 6:38am Mar 27, 2015 6:28am | Edited 6:38am
Quoting Magix
{quote} {quote}
This has been no offense. Again, I'll try to get this baby on a backtest tomorrow. After that it will be on demo next monday, then in production. With my money and probably the money of other people reading and following this thread. I like the method and the automated approach. Why not give it to the people in the best shape which can be done.

The question is not if anybody gets paid for this, delivering people may have different reasons why they deliver. But when they deliver, it should be really good.
  • #451
  • Mar 27, 2015 6:40am Mar 27, 2015 6:40am
Quoting Hansi
Hey Friends, here is an other Idea for an EA. {image} CCI - 14 Bye by the +100 Line Exit when the CCI contakts the +100 Sell by the -100 Line Exit when the CCI Contakts the -100 Thanks
Excellent observation.
Using your suggestion and original method (post #1), I have entered a small trade in DAX to see how it goes. Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 14 KB
None the wiser!
  • #452
  • Mar 27, 2015 6:45am Mar 27, 2015 6:45am
Quoting verified
The question is not if anybody gets paid for this, delivering people may have different reasons why they deliver. But when they deliver, it should be really good.

It's not that I don't agree with you...nor was I offended by your post.

So, I fucked up on the code...but as Peter has pointed out, it can be changed by simply swapping ">" to "<".

That's it.

4 key strokes and hit the compile button and you are off to the races!!!

Since I have started in this thread, I have been trying to get others to have a simple look at this, given the "Easy as Pie", logic. And so far, there has only been a couple of experienced hands that have.

The idea is solid...the prosperity is available, and I have stated that this can be a very powerful tool for those that know how to use it. Take advantage of this situation and you won't have to rely on others.

It may have taken a while for these to come back above water, but the profitability is there...even with my error...what would it do if you fixed it?
Attached Image (click to enlarge)
Click to Enlarge Name: gains.png Size: 66 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #453
  • Edited 7:21am Mar 27, 2015 6:56am | Edited 7:21am
Quoting Magix
{quote} It's not that I don't agree with you...nor was I offended by your post. So, I fucked up on the code...but as Peter has pointed out, it can be changed by simply swapping ">" to "<". That's it. 4 key strokes and hit the compile button and you are off to the races!!! Since I have started in this thread, I have been trying to get others to have a simple look at this, given the "Easy as Pie", logic. And so far, there has only been a couple of experienced hands that have. The idea is solid...the prosperity is available, and I have stated that...
I did not want to fingerpoint because of this little issue - you know how often I fcked up code in the last, lets say 20 - 30 years ? I did not develop code for a long time and started again recently with mql4, not hard when you come from unix / c / c++. All I want is to transport the message - hey, something good is going on here, let's face it and just do it. it can be done and is already existing with good results.
  • #454
  • Mar 27, 2015 6:59am Mar 27, 2015 6:59am
Quoting krumpy
ie if zag is getting pulled down as we are seeing quick red bricks being formed we place a sell (consecutive new lows).. and continue to sell on each new red brick till a green brick is formed then we cash in. (I found this the best way to capitalise on movements) Numbers represent the minutes to form each brick. {image} Caught the latest red train =] {image}
Directional cost averaging for each brick in favor of the current trend?

AWESOME!!!

Love it!!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #455
  • Mar 27, 2015 7:11am Mar 27, 2015 7:11am
Quoting Magix
Directional cost averaging for each brick in favor of the current trend? AWESOME!!! Love it!!
Why would you surf solo? Once the wave is rolling feed it and protect!
  • #456
  • Mar 27, 2015 7:13am Mar 27, 2015 7:13am
Quoting krumpy
{quote} Why would you surf solo? Once the wave is rolling feed it and protect!
Been married for 23 years...

Solo missions have become a comfort zone...

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #457
  • Mar 27, 2015 7:20am Mar 27, 2015 7:20am
Hey guys

(Always)***) in my humble opinion, the WPR seems to provide better signals than CCI (or TFX Obos)
So, the levels for WPR are -20 and -80
Attached Image (click to enlarge)
Click to Enlarge Name: WPR_Better_one.gif Size: 45 KB
  • #458
  • Mar 27, 2015 7:26am Mar 27, 2015 7:26am
Quoting jaguar1637
Hey guys (Always)***) in my humble opinion, the WPR seems to provide better signals than CCI (or TFX Obos) So, the levels for WPR are -20 and -80 {image}

Beside the scale, what is the difference between WPR & fast Stoch ?

Excerpt:

Introduction

Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Also referred to as %R, Williams %R reflects the level of the close relative to the highest high for the look-back period. In contrast, the Stochastic Oscillator reflects the level of the close relative to the lowest low. %R corrects for the inversion by multiplying the raw value by -100. As a result, the Fast Stochastic Oscillator and Williams %R produce the exact same lines, only the scaling is different. Williams %R oscillates from 0 to -100. Readings from 0 to -20 are considered overbought. Readings from -80 to -100 are considered oversold. Unsurprisingly, signals derived from the Stochastic Oscillator are also applicable to Williams %R.

/Excerpt

Life can be easy if we don't complicate it.
  • #459
  • Mar 27, 2015 7:33am Mar 27, 2015 7:33am
Quoting verified
{quote} Beside the scale, what is the difference between WPR & fast Stoch ?
well, the WPR is based on High and Low and this difference with the the last close price, is put on a scale
you can watch the code for the Stochastic corrected

****************************************
while(i >= 0)
{
double dMaxHigh = High[Highest(NULL, 0, MODE_HIGH, ExtWPRPeriod, i)];
double dMinLow = Low[Lowest(NULL, 0, MODE_LOW, ExtWPRPeriod, i)];
if(!CompareDouble((dMaxHigh - dMinLow), 0.0))
ExtWPRBuffer[i] = -100*(dMaxHigh - Close[i]) / (dMaxHigh - dMinLow);
i--;
}
******************************************
Attached File(s)
File Type: mq4 WPR.mq4   3 KB | 737 downloads
File Type: mq4 Stochastic_correct.mq4   4 KB | 710 downloads
  • #460
  • Mar 27, 2015 8:56am Mar 27, 2015 8:56am
Quoting Magix
Been married for 23 years... Solo missions have become a comfort zone...
Once you get that Bugatti she will spice up again =]

Quoting jaguar1637
in my humble opinion, the WPR seems to provide better signals than CCI (or TFX Obos) So, the levels for WPR are -20 and -80 {image}
IMO keep it basic just the raw ranko price action none of this CCI or WPR crap.. its all laggy.. Historically bricks are consecutive during volatile markets thus giving us some favoured probability. This strategy needs to be toggled and adjusted to match current activity regularly ..there is no perfect logic, settings or indicator..
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