Lets Automate a Simple Renko Strategy! | Page 51 | Forex Factory

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  • #1,001
  • Apr 10, 2015 12:24pm Apr 10, 2015 12:24pm
Hi guys,

I have faced a same problem before, I mean the EA open position twice..I have ask MathT7 on this bug, but no respon..
Maybe MathT7 miss my post..

It happened again and again..When I check properly, it's come when you MT4 platform loss connection with the broker server..
After EA open a position, then you MT4 disconnect from server..When connection continues again, then the renko brick still in position 3,2,1, the EA will post another entry..
  • #1,002
  • Apr 10, 2015 12:40pm Apr 10, 2015 12:40pm
nice ea but it is not makiing profits for me.... ;-(
  • #1,003
  • Apr 10, 2015 12:44pm Apr 10, 2015 12:44pm
Quoting MathTrader7
{quote} Okay, did you restart the MT4 platform after the first position opened by the EA?
hi thanks for your efforts can u tell me do we have the option to change entry and exits of the trade e.g enter after let say 3 candle in one direction and exit 2candle in opposite direction ....? thanks
  • #1,004
  • Apr 10, 2015 1:35pm Apr 10, 2015 1:35pm
Quoting rozafx
Hi guys, I have faced a same problem before, I mean the EA open position twice..I have ask MathT7 on this bug, but no respon.. Maybe MathT7 miss my post.. It happened again and again..When I check properly, it's come when you MT4 platform loss connection with the broker server.. After EA open a position, then you MT4 disconnect from server..When connection continues again, then the renko brick still in position 3,2,1, the EA will post another entry..
Hi rozafx, I missed your post, but your observation is very important. I will try to figure out what would be the behavior of the EA if the connection to the server is lost.
Trading is the hardest way to make easy money...
  • #1,005
  • Apr 10, 2015 1:36pm Apr 10, 2015 1:36pm
Quoting rajastar
{quote} hi thanks for your efforts can u tell me do we have the option to change entry and exits of the trade e.g enter after let say 3 candle in one direction and exit 2candle in opposite direction ....? thanks
At the current version of the EA, there is no such option. Maybe in the future versions...
Trading is the hardest way to make easy money...
  • #1,006
  • Apr 10, 2015 2:31pm Apr 10, 2015 2:31pm
Quoting rozafx
Hi guys, I have faced a same problem before, I mean the EA open position twice..I have ask MathT7 on this bug, but no respon.. Maybe MathT7 miss my post.. It happened again and again..When I check properly, it's come when you MT4 platform loss connection with the broker server.. After EA open a position, then you MT4 disconnect from server..When connection continues again, then the renko brick still in position 3,2,1, the EA will post another entry..
Great info...
  • #1,007
  • Apr 11, 2015 12:17am Apr 11, 2015 12:17am
How can i backtest it with MT4?
  • #1,008
  • Apr 11, 2015 12:56am Apr 11, 2015 12:56am
As-Salamalaikum (Greetings) To all My FFactory friends

First i would like to thanks "SHREYASH" for the wonderful strategy, i'm loving it,
It almost took 4days to read the your thread, & programmers have dome superb job by coding your strategy to automatic.
i really appreciate your enthusiasm guys,

Shreyash as you filter your trades i'm little confused here just want some confirmation on EMA's position
on Buy/Sell oders.

Regards
Shaik
Every Good Things Starts With "Bismillah"
  • #1,009
  • Apr 11, 2015 4:36am Apr 11, 2015 4:36am
Quoting MathTrader7
{quote} At the current version of the EA, there is no such option. Maybe in the future versions...
Thanks i will surely wait for it so that i can test different setting to get sucess.... ;-)
  • #1,010
  • Apr 11, 2015 4:38am Apr 11, 2015 4:38am
Quoting MathTrader7
{quote} At the current version of the EA, there is no such option. Maybe in the future versions...
also can you send me the mq4 file for it so that i can also modify code for different settings thanks
  • #1,011
  • Apr 11, 2015 4:38am Apr 11, 2015 4:38am
It happened to me too , it just looked like when the open criteria are met the buy or sell is triggered when on that moment the market retrace a few pips and goes back to the right direction another order is triggered . next time ill take a screenshot
when i open my mt4 platform the ea sometimes triggers a new order



hope this helps a bit
Charlie
  • #1,012
  • Edited 8:36am Apr 11, 2015 7:42am | Edited 8:36am
interesting read for all who are seriously interested in developing EA's:

https://www.mql5.com/en/articles/1511

quite old already and still valid. long story short: rely on backtesting during development if your EA uses bars already closed. ticks of open bars can be generated random by strategy tester. in case of Renko charts they will be generated 100%. however, the ticks generated will be within the range of the next closed bar. does this matter ? this depends on the algo ( the logic ) of your EA.

for all who use forward testing during development exclusively, GL, CU in the next dimension where time is not an issue.

hv a nice WE !
  • #1,013
  • Apr 11, 2015 8:38am Apr 11, 2015 8:38am
Quoting verified
interesting read for all who are seriously interested in developing EA's: https://www.mql5.com/en/articles/1511 quite old already and still valid. long story short: rely on backtesting during development if your EA uses bars already closed. ticks of open bars can be generated random by strategy tester. in case of Renko charts they will be generated 100%. however, the ticks generated will be within in the range of the next closed bar. does this matter ? this depends on the algo ( the logic ) of your EA. for all who use forward testing...
Interesting how you are still stuck in stupid mode here.

You are using everything but empirical data to back up your claims.

Go back and read through the last few pages that weren't about you blowing bubbles in your spit, spouting your rhetoric and posting backtest bullshit...see how much of a difference a couple of days, with applied market data is actually of benefit, where you rantings are nothing more than worthless fluff?

A good idea for you here...start a thread with your methodology and post all of the bullshit you want.

Leave the thread as was opened and intended, to the people that are already interested in this methodology...

And in your travels, stop HERE, or maybe any of the other thousands of places you can find that state, backtesting is to check methodology, ONLY!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,014
  • Apr 11, 2015 10:15am Apr 11, 2015 10:15am
Now...here's a little something to look at.

A friend just sent me the link, I am not promoting the SW, but have full intentions of running this over the next couple weeks to check it out!

This is based on what they call PointOBars..but there are also Renko and Medium Renko available in standards...

Want to adjust your bricks on the fly?
Want to easily toggle the charts between standard and your offlines?
Want to know when the data isn't complete or perhaps corrupted...
Want to know how big of bricks to set? Watch until the end of the video...

Very Kewl!!!

Inserted Video
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,015
  • Edited Apr 13, 2015 5:37am Apr 12, 2015 2:44pm | Edited Apr 13, 2015 5:37am
Here is Version 2.98 of the EA that implements Stochastic filter. The user can Enable/Disable both the Moving Average and Stochastic filters. The default input parameters are set based on backtesting.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 53 KB

Note: I use my own Non-gap Renko Chart Creator EA.
Attached File(s)
File Type: ex4 MathTrader7_RenkoEA.ex4   81 KB | 1,036 downloads
Trading is the hardest way to make easy money...
  • #1,016
  • Apr 13, 2015 2:16am Apr 13, 2015 2:16am
Quoting MathTrader7
Here is Version 2.98 of the EA that implements Stochastic filter. The user can Enable/Disable both the Moving Average and Stochastic filters. {image} Note: I use my own Non-gap Renko Chart Creator EA. {file}
Salamwalaikum (Greetings) MathTrader7
i really appreciate your great work to this thread, but i want some help form you bro. as far you have coded the EA & its working well,
it will be awesome if u add the EMA filters to this EA, i mean for buy/sell trades

for Buy trades when the 21EMA is Above 50EMA after that it should open buy only when conditions are met according to "Shreyash" (first bear candle & two bull candle, trade open immediately after two bulls candle closes.
for Sell trades vice versa .
Profit target are 1:2, the stop loss should be placed above bear candle including spread or recent high ( after bear candle some time the Bull candle also makes high than the bear candle )

Regards
Shaik
Every Good Things Starts With "Bismillah"
  • #1,017
  • Apr 13, 2015 2:37am Apr 13, 2015 2:37am
Quoting MathTrader7
Here is Version 2.98 of the EA that implements Stochastic filter. The user can Enable/Disable both the Moving Average and Stochastic filters. {image} Note: I use my own Non-gap Renko Chart Creator EA. {file}
Did you try bactest? Was it helpful?
  • #1,018
  • Apr 13, 2015 3:02am Apr 13, 2015 3:02am
Hi Math, I'm continuing doing forward test... In this last release (0.98) I've detected one strange thing. Look the chart.
In my settings I have set "Check candle 1 to be over MA" to true but as you can see the position was opened with candle 1 crossing MA. It's right?
Attached Image
  • #1,019
  • Edited 5:38am Apr 13, 2015 3:33am | Edited 5:38am
Quoting crkjl
Hi Math, I'm continuing doing forward test... In this last release (0.98) I've detected one strange thing. Look the chart. In my settings I have set "Check candle 1 to be over MA" to true but as you can see the position was opened with candle 1 crossing MA. It's right? {image}
Hi crkjl, check your moving averages settings on the chart and the EA's input settings for the moving averages. I changed the default settings to Periods 50 and 17, with the method linear weighted, and applied price to median .
Trading is the hardest way to make easy money...
  • #1,020
  • Apr 13, 2015 3:35am Apr 13, 2015 3:35am
Quoting dafa
{quote} Did you try bactest? Was it helpful?
Yes, I did. Using stochastic enabled, the number of trades reduced from 312 to 200, profit reduced 16% while DD reduced 27%. Since DD reduced significantly, I released this version.
Trading is the hardest way to make easy money...
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