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Lets Automate a Simple Renko Strategy!

  • #1,261
  • Apr 22, 2015 6:30am Apr 22, 2015 6:30am
Quoting max pips
Hey guys, I am looking at renko charts from yesterday and orders I considered placing and some of the order signals seem to have changed. I'm not following this system exactly but do renko charts change after the event? Do brokers update their charts and the bars move? I also changed my 1 minute chart to 5 minutes and back again and a couple of the renko bars were different afterwards? Any ideas. I'm using a different renko chart so maybe it is my renko but I am not sure? thanks
hi max pips,

when you don't rebuild the renko bars, they will not change. they are written into a history file and cannot change "after the fact". however, if you rebuild them they can change depending on your renko builder and the brick size you use. to get exactly the same bricks ( and wicks ) you would need to define the starting tick of the bricks. i don't know any renko builder which can do this. if you want to get a very good brick buider for robots use the one from Math Trader 7, also very good for strategy backtesting ( in terms that you will not win any trades you won't win live ).

cheers, v.
  • #1,262
  • Apr 22, 2015 6:51am Apr 22, 2015 6:51am
Quoting sminage
A good entry {image}


mr, sminage... what is the set of box size renko median????
  • #1,263
  • Apr 22, 2015 9:58am Apr 22, 2015 9:58am
Quoting verified
{quote} hi max pips, when you don't rebuild the renko bars, they will not change. they are written into a history file and cannot change "after the fact". however, if you rebuild them they can change depending on your renko builder and the brick size you use. to get exactly the same bricks ( and wicks ) you would need to define the starting tick of the bricks. i don't know any renko builder which can do this. if you want to get a very good brick buider for robots use the one from Math Trader 7, also very good for strategy backtesting ( in terms...

Thanks verified, I'll check it out. I'll download the latest version and have a go

ta mate
Gravity goes both ways in forex...
  • #1,264
  • Apr 22, 2015 10:12am Apr 22, 2015 10:12am
Quoting dwi.ipoenk
{quote} mr, sminage... what is the set of box size renko median????
Details in the image
30
Attached Image (click to enlarge)
Click to Enlarge Name: 2.PNG Size: 17 KB
  • #1,265
  • Apr 22, 2015 10:26am Apr 22, 2015 10:26am
Hi MathTrader7,
first of all, thank you for your great work. But I have a little problem: I am using MT4 on a Mac, so I canīt open an .ex4 file. So Iīm asking you if it would be possible if you could save and publish your EA as a mq4 file.
Thanks for your help
TimeRider
  • #1,266
  • Apr 22, 2015 10:35am Apr 22, 2015 10:35am
Quoting TimeRider
Hi MathTrader7, first of all, thank you for your great work. But I have a little problem: I am using MT4 on a Mac, so I cant open an .ex4 file. So Im asking you if it would be possible if you could save and publish your EA as a mq4 file. Thanks for your help TimeRider
Hi TimeRider, My EA is free but not open source...
Trading is the hardest way to make easy money...
  • #1,267
  • Apr 22, 2015 11:22am Apr 22, 2015 11:22am
Quoting TimeRider
Hi MathTrader7, first of all, thank you for your great work. But I have a little problem: I am using MT4 on a Mac, so I cant open an .ex4 file. So Im asking you if it would be possible if you could save and publish your EA as a mq4 file. Thanks for your help TimeRider
Same for me
Are you selling it?

If not does anyone know a good renko builder. Mine seems to change everytime I look at it!
Gravity goes both ways in forex...
  • #1,268
  • Apr 22, 2015 11:28am Apr 22, 2015 11:28am
Quoting max pips
{quote} Same for me Are you selling it? If not does anyone know a good renko builder. Mine seems to change everytime I look at it!
Sorry to hear that
But I'm not selling anything, all my EAs, indicators, scripts that I post here in FF are free but not open source....
Trading is the hardest way to make easy money...
  • #1,269
  • Apr 22, 2015 11:32am Apr 22, 2015 11:32am
Hi MathTrader7,
Thank you for your quick answer. But I have another question for you😅. I was searching now for hours for an EA that works on renko charts. I've coded already an EA which works perfectly on normal charts but just doesn't make any trade on renko charts. And I don't know why😞. Maybe you can help me a little bit.
Thank you so much
Timerider
  • #1,270
  • Apr 22, 2015 1:13pm Apr 22, 2015 1:13pm
Quoting TimeRider
Hi MathTrader7, Thank you for your quick answer. But I have another question for you😅. I was searching now for hours for an EA that works on renko charts. I've coded already an EA which works perfectly on normal charts but just doesn't make any trade on renko charts. And I don't know why😞. Maybe you can help me a little bit. Thank you so much Timerider
Post the EA here.

How can anybody know why something doesn't work, without knowing what it is...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,271
  • Edited 2:19pm Apr 22, 2015 1:44pm | Edited 2:19pm
Quote
I am using MT4 on a Mac, so I cant open an .ex4 file.

I'm also using a Mac and it basically works the same way as on Windows. What exactly is your problem?
A .ex4-file is simply a compiled .mq4-file and all indicators you use - even those, which came with MT4 - are saved as .ex4
  • #1,272
  • Apr 22, 2015 2:16pm Apr 22, 2015 2:16pm
Hello MatchTrader7
Thank you for your great EA. I have a little problem: I am using 2.95 version. Brick generator: rencolivechart 600.1
Look at the picture. Why do not these trading ?
Attached Image (click to enlarge)
Click to Enlarge Name: Problem.PNG Size: 33 KB
  • #1,273
  • Apr 22, 2015 3:30pm Apr 22, 2015 3:30pm
Quoting HungaryFX
Hello MatchTrader7 Thank you for your great EA. I have a little problem: I am using 2.95 version. Brick generator: rencolivechart 600.1 Look at the picture. Why do not these trading ? {image}
Check Candle 3 = True.

Thus is missing 4 consecutive if close against the Moving Averages.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,274
  • Edited 6:36pm Apr 22, 2015 6:21pm | Edited 6:36pm
I have always loved Renko bars, however this system both excites me and frustrates me
I keep getting error: Please attach the EA on a non-gap renko chart. The chart will work for a while, then this error shows up.
On M1 I am using: Renko mod on main chart (I have tried the other EA's with little success)
On M2 offline I am using: MathTrader 7 Renko EA 3.10 on the M2 offline chart, and I also uncheck the "offline chart" box before adding the EA for trading.

There are so many entries from a few posters as the software has developed that I am now in a total state of confusion.
Can someone please use proper naming conventions regarding version# in the actual name of the EA so it is easier to find?

Also, could someone please give me a combo of both EA's that they find are working without issues, I would love to just set up a working combo.

Many thanks for all your hard work! I really appreciate it
  • #1,275
  • Edited 6:51pm Apr 22, 2015 6:41pm | Edited 6:51pm
Quoting TimeRider
Hi MathTrader7, Thank you for your quick answer. But I have another question for you��. I was searching now for hours for an EA that works on renko charts. I've coded already an EA which works perfectly on normal charts but just doesn't make any trade on renko charts. And I don't know why��. Maybe you can help me a little bit. Thank you so much Timerider
In the Renko Chart, go to properties and uncheck "Offline Chart". One reason why EA's don't trade.

Best, V.
  • #1,276
  • Apr 22, 2015 6:45pm Apr 22, 2015 6:45pm
For all who face problems with Renko Builders, I post ( again ) another working one. I use both, the one posted in this posting and Renko Builder 1.4 from MathTrader 7. Both work for me. The latest version of the MathTrader 7 EA requires non-gap Renkos ( the MathTrader 7 Renko Builder ).

Cheers, V.
Attached File(s)
File Type: ex4 EA_RMLiveCharts_v5_01.ex4   33 KB | 707 downloads
  • #1,277
  • Apr 22, 2015 6:50pm Apr 22, 2015 6:50pm
Quoting bsmile
I have always loved Renko bars, however this system both excites me and frustrates me I keep getting error: Please attach the EA on a non-gap renko chart. The chart will work for a while, then this error shows up. On M1 I am using: Renko mod on main chart (I have tried the other EA's with little success) On M2 offline I am using: MathTrader 7 Renko EA 3.10 on the M2 offline chart, and I also uncheck the "offline chart" box before adding the EA for trading. There are so many entries from a few posters as the software has developed that I am now...
Math has stated that (MathTrader 7 Renko EA 3.10) will no work with Renko charts produced with (Renko mod). You must use the non-gap Renko chart builder. At least part of your problem.
  • #1,278
  • Apr 22, 2015 7:34pm Apr 22, 2015 7:34pm
Quoting mwbarth36
{quote} Math has stated that (MathTrader 7 Renko EA 3.10) will no work with Renko charts produced with (Renko mod). You must use the non-gap Renko chart builder. At least part of your problem.
I have looked through over 60 pages and am totally confused. Where is the non-gap renko chart builder?
  • #1,279
  • Apr 22, 2015 7:41pm Apr 22, 2015 7:41pm
posting #1208
  • #1,280
  • Apr 22, 2015 7:46pm Apr 22, 2015 7:46pm
Quoting verified
posting #1208
Thanks, I think I found it
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