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Lets Automate a Simple Renko Strategy!

  • #1,121
  • Apr 15, 2015 4:09pm Apr 15, 2015 4:09pm
hi guys i installed today the non gap renko from math trader and it is working

only stoped working when i changed the size of the brick, the bricks in the chart dissapeared

then i can tell you guys that the median renko gives a lot of signals without sense as has more info than the normal renko, my opinion
and what i am seeing in the graphics,

the runs are much better withouth stop of one small candles in renko normal.

and math i have a question, this non gap, shows the fisrt candles 2 times a normal brick is just a visual parameter or has any other meaning.

best for all
  • #1,122
  • Apr 15, 2015 4:53pm Apr 15, 2015 4:53pm
In post #1109 I wrote I changed to Non-Gap Renko Chart Creator.
For those who had problems with changing to this EA here is what I did to get it to work:

1. Open a chart running your actual Renko chart builder (for example a GBPUSD chart).
2. Delete the indicator or expert advisor you are running on this chart.
3. Attach the Non-Gap Renko Chart Creator to this chart and wait until it gives you the message that it is running in the upper left corner.

When you switch to your open M2 chart you created with the former Renko chart builder (in my example the GBPUSD M2 offline chart) then you will see that there are no candles at all or that the chart has not been updated. I saw both effects on different charts in my case. I could not fix this issue but I found a way around this problem. So I suggest you to continue as follows:

4. Close your old chart with the Renko bars and the MathTrader7_RenkoEA attached to it (the old GBPUSD M2 chart in my example)
5. In case now you are not back in the chart window with the Non-Gap Renko Chart Creator switch back to this chart (the GBPUSD chart)
6. Open a new offline chart with the matching pair. If MT4 shows you a list of possible windows choose the M2-chart of the pair you are currently working on (the GBPUSD M2 in this example). It should now show the Renko bars.
7. Attach the MathTrader7_RenkoEA to the new chart that is now opening and apply your settings.

I created a set-file, a screenshot and a template for my setup. I provide it in the attached file.
The set-file contains the default settings MathTrader7 rolled out with version 2.99.
Use them at your own risk or proof them because I may have made mistakes during setup.
Attached File(s)
File Type: zip Chart-Setup.zip   28 KB | 618 downloads

FJ
  • #1,123
  • Apr 15, 2015 5:20pm Apr 15, 2015 5:20pm
hi mathtrader7
maybe its normal but everytime i restart my my mt4 the renko charts turns to regular chart online 1H.so they are not renko chart anymore.
the reason is as you advised us ,we unchecked offline in renko chart.
is there any solution for that?
regards
fred
  • #1,124
  • Apr 15, 2015 5:24pm Apr 15, 2015 5:24pm
Quoting fredgold3434
hi mathtrader7 maybe its normal but everytime i restart my my mt4 the renko charts turns to regular chart online 1H.so they are not renko chart anymore. the reason is as you advised us ,we unchecked offline in renko chart. is there any solution for that? regards fred
I run everything on my VPS.
Trading is the hardest way to make easy money...
  • #1,125
  • Apr 15, 2015 5:38pm Apr 15, 2015 5:38pm
Quoting MathTrader7
{quote} I run everything on my VPS.
Dear mathtrader7
but my renko charst before offline was checked and EA works well anyway.any idea why those renko offline charts was working well with EA?
thanks
fred
  • #1,126
  • Apr 15, 2015 9:31pm Apr 15, 2015 9:31pm
I run Mathtrader on my VPS now it performs very well.
Does it matter which timeframe i choose?I put all my charts to M15.
  • #1,127
  • Apr 15, 2015 11:40pm Apr 15, 2015 11:40pm
Quoting shanem
Hi, I am looking for an EA for my forex trading. is renko an ea ? if yes where can i download it ? and on which pairs and TF it works ? Thanks in advance
Dear Bro. read the whole thread form beginning you will come to now that how to use this EA & how it functions
good luck

regards
Shaik
Every Good Things Starts With "Bismillah"
  • #1,128
  • Apr 16, 2015 2:16am Apr 16, 2015 2:16am
Quoting MathTrader7
{quote} I run everything on my VPS.
hi there is problem with your non-gap renko bar creator when it dont show proper time and also candles are modified strangly you can chcek it with my old simple renko bar creator and your non-gap renko bar creator in screenshots below. as this is todays screenshot of non-gap renko you can see that market of eur/usd todays high uptill now is 1.07457 almost but in your non-gap renko it is problem bar does'nt formed up to 1.07457 almost and it only forms as you can see in screeshot 1.07000 so 457 pips are missing where as in my old simple renko bar creator you can see time and bar both are formed proper...so figuer it out what stranger activatiy is going on with non-gap renko chart creator EA... thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 26 KB
Click to Enlarge Name: Screenshot3.png Size: 33 KB
  • #1,129
  • Apr 16, 2015 3:35am Apr 16, 2015 3:35am
yes i have the same like rajastar, when i restart computer, with different prices and drawings i just reinstall the non renko gap
but in the other computer all worked well,
  • #1,130
  • Apr 16, 2015 3:42am Apr 16, 2015 3:42am
I made some tests with non-gap creator and problem with changing charts from M2 to H1. It looks the problem is when you uncheck value "chart offline" on M2 chart and restart MT4 so this M2 chart change after restart to H1 online chart and there isn't any way back. You have to close H1 and reopen M2 chart again. The problem is that Math wrotes you have to uncheck value "chart offline" for proper functionality. I don't know what I can do now.
  • #1,131
  • Apr 16, 2015 4:08am Apr 16, 2015 4:08am
Attached script is partial solution for TF changing problem...
Attached File(s)
File Type: ex4 ChangeChartPeriod.ex4   3 KB | 434 downloads
File Type: mq4 ChangeChartPeriod.mq4   < 1 KB | 514 downloads
  • #1,132
  • Apr 16, 2015 4:39am Apr 16, 2015 4:39am
I have not tested it myself, but would it help if we stored our whole chart setup with x windows and y expert advisors or indicators on them in a profile. After the restart of the machine you simple apply the profile to your mt4 instance. Would this reload the offline charts correct after a restart?
  • #1,133
  • Apr 16, 2015 5:02am Apr 16, 2015 5:02am
Quoting rajastar
{quote} hi there is problem with your non-gap renko bar creator when it dont show proper time and also candles are modified strangly you can chcek it with my old simple renko bar creator and your non-gap renko bar creator in screenshots below. as this is todays screenshot of non-gap renko you can see that market of eur/usd todays high uptill now is 1.07457 almost but in your non-gap renko it is problem bar does'nt formed up to 1.07457 almost and it only forms as you can see in screeshot 1.07000 so 457 pips are missing where as in my old simple renko...
Good observation! I fixed some bugs in the code, and released Version 1.2 which is more stable.
Trading is the hardest way to make easy money...
  • #1,134
  • Apr 16, 2015 5:05am Apr 16, 2015 5:05am
Quoting Forexjeanie
I have not tested it myself, but would it help if we stored our whole chart setup with x windows and y expert advisors or indicators on them in a profile. After the restart of the machine you simple apply the profile to your mt4 instance. Would this reload the offline charts correct after a restart?
I had the same idea but it doesn't work.
  • #1,135
  • Apr 16, 2015 6:29am Apr 16, 2015 6:29am
hi guys any idea why is not buying, it happends since i add renko non gap i tried with last ea and with 2.90 to see if it works but nothing in all teh charts i am testing happened the same today.

i put some close emas to test it better and faster entries but not working, any idea?
Attached Image (click to enlarge)
Click to Enlarge Name: didn t buy.png Size: 91 KB
  • #1,136
  • Apr 16, 2015 6:38am Apr 16, 2015 6:38am
Quoting aledipi
hi guys any idea why is not buying, it happends since i add renko non gap i tried with last ea and with 2.90 to see if it works but nothing in all teh charts i am testing happened the same today. i put some close emas to test it better and faster entries but not working, any idea? {image}
For me it doesn't work too. After applying nongap renko, uncheck offline on M2 etc., it doesn't open any trade today.
  • #1,137
  • Apr 16, 2015 6:44am Apr 16, 2015 6:44am
Quoting dafa
{quote} For me it doesn't work too. After applying nongap renko, uncheck offline on M2 etc., it doesn't open any trade today.
Same here
  • #1,138
  • Apr 16, 2015 7:54am Apr 16, 2015 7:54am
Quoting aledipi
hi guys any idea why is not buying, it happends since i add renko non gap i tried with last ea and with 2.90 to see if it works but nothing in all teh charts i am testing happened the same today. i put some close emas to test it better and faster entries but not working, any idea? {image}
Im trying in demo with 7 pairs and one trade today for me with Non-gap Renko and Mathtrader7RenkoEa_2.99 (GBPUSD, Buy at 1.48518, TP at 1.49097).
  • #1,139
  • Apr 16, 2015 8:00am Apr 16, 2015 8:00am
Quoting aledipi
hi guys any idea why is not buying, it happends since i add renko non gap i tried with last ea and with 2.90 to see if it works but nothing in all teh charts i am testing happened the same today. i put some close emas to test it better and faster entries but not working, any idea? {image}
Please check the EA's Stochastic filter settings and make sure that they match to those you use on your chart (8,2,3).
Trading is the hardest way to make easy money...
  • #1,140
  • Apr 16, 2015 8:17am Apr 16, 2015 8:17am
Fixed Lot size doesnt work on Gold.Its set to 0.1 but the ea buys 0.4 and 0.8 lot
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