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Lets Automate a Simple Renko Strategy!

  • #1,321
  • Apr 27, 2015 4:14am Apr 27, 2015 4:14am
Quoting arkan1976
{quote} please, which the renko bricks size That you use?
10
  • #1,322
  • Apr 27, 2015 11:21pm Apr 27, 2015 11:21pm
hi batir
what is 8-21 your broker time convert to GMT?
regards
fred
  • #1,323
  • Edited 1:53am Apr 28, 2015 12:25am | Edited 1:53am
Renko Builder update v1.03

Hi, I discovered a heavy bug in v1.02 and need to release an update. The bug was unseen because I had no online market on the weekend when I programmed the software. This bug displayed a wrong online history. Data online and for strategy tester was and is correct. The bug is fixed now and I apologize.

Change Log:

//|
//| Apr 25 2015 (eni) (v1.01):
//| - Initial version
//|
//| Apr 26 2015 (eni) (v1.02):
//| - Release Version #1
//| - New UpdateChartWindow()
//| - New Renko Brick calculation ( online )
//| - Non-Gap Renko Chart support
//| - Create standard TimeFrame Renko Charts in different directory
//|
//| Apr 28 2015 (eni) (v1.03):
//| - Release Version #2
//| - No Update of Offline Chart while reading history
//| - No FileFlush while reading history
//| - New Renko Brick calculation ( history )
//| - New History File format (401), stored values are normalized
//| - New Reduce CPU Load option
//|

EA Startup is faster. The data is now stored in the new history file format (401) for the MT4 600+ platform and the prices are normalized ( no more e.g. 1.08000001 prices, it's 1.08000 now in case of EURUSD ). Quite some Renko Builders I have seen have this problem. There is a new "Reduce CPU Load" option for people who run many instances of Renko Charts.

Enjoy !

Best,
V.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: v1.03.jpg Size: 210 KB
Click to Enlarge Name: HF.jpg Size: 217 KB
Attached File(s)
File Type: ex4 EA_RenkoBuilder.ex4   288 KB | 625 downloads
  • #1,324
  • Apr 28, 2015 1:38am Apr 28, 2015 1:38am
Quoting fredgold3434
hi batir what is 8-21 your broker time convert to GMT? regards fred
GMT+2
  • #1,325
  • Apr 28, 2015 1:46am Apr 28, 2015 1:46am
I have problem with trailing Stop. If I put a fixed trailing stop, after moving price back SL move back too, as someone else wrote a few days ago. Thatīs no happend if I select "Every3candles". I have this problem in MathTrader7_2.99 and 3.10 too, using in both nongaprenkoEA, so I can no test with trailing stop to try for better results.
  • #1,326
  • Apr 28, 2015 2:22pm Apr 28, 2015 2:22pm
Quoting HungaryFX
Help me please code a EA based on this strategy. Look at the picture. If the prices 2 bricks are above the MA buy trades . If the prices 2 brick are below the MA sell trades . If the prices 1 bricks are above or below the MA exit open trade Adjustable settings: Lotsize, Stop loss size, MA method and size, Magic number, Breakeven, Thank you. {image}
HungaryFX,

Please share your MA settings

Thanks
  • #1,327
  • Edited 10:35am Apr 29, 2015 7:14am | Edited 10:35am
Quoting mor707
{quote} HungaryFX, Please share your MA settings Thanks

Hello
My manual renko strategy: If the prices 2 bricks are above the MA buy trades . If the prices 2 brick are below the MA sell trades . If the prices 1 bricks are above or below the MA exit open trade. I use GOLD. EMA 21 and 12 pip renko bricks. 2 bricks after breakeven. Look at the picture. It would be good code a EA based......
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EMA21 + Renko.PNG Size: 31 KB
Click to Enlarge Name: Gold EMA21 + Renko 12 pip bricks.PNG Size: 34 KB
  • #1,328
  • Apr 29, 2015 7:35am Apr 29, 2015 7:35am
Although I am using the Non-gap Renko Chart Creator EA and MathTrader7_RenkoEA (Version 3.10),
Many days does not occur transactions
Can you think of something cause?
  • #1,329
  • Apr 29, 2015 8:00am Apr 29, 2015 8:00am
Quoting batir
I have problem with trailing Stop. If I put a fixed trailing stop, after moving price back SL move back too, as someone else wrote a few days ago. Thats no happend if I select "Every3candles". I have this problem in MathTrader7_2.99 and 3.10 too, using in both nongaprenkoEA, so I can no test with trailing stop to try for better results.
Yes I had the same problem, email from my broker said hyper active EA causing overload on their server and advising me to disable it, so switched to every3candles instead and works ok.
  • #1,330
  • Apr 29, 2015 8:40am Apr 29, 2015 8:40am
Quoting HungaryFX
{quote} Hello My manual renko strategy: If the prices 2 bricks are above the MA buy trades . If the prices 2 brick are below the MA sell trades . If the prices 1 bricks are above or below the MA exit open trade. I use GOLD. EMA 21 and 12 pip renko bricks. 2 bricks after breakeven. Look at the picture. It would be good code a EA based...... {image} {image}
I like this strategy a lot. Hopefully, an EA can be made to your specifications. In the meantime, I'll try it manually.
  • #1,331
  • Apr 29, 2015 8:47am Apr 29, 2015 8:47am
Quoting hide
Although I am using the Non-gap Renko Chart Creator EA and MathTrader7_RenkoEA (Version 3.10), Many days does not occur transactions Can you think of something cause?
Iīm taking transactions everyday with Non-gap and MathTrader7_3.10 since last week.

You have to uncheck the offline chart option in the common tab of the renko chart in order to enable trading on a offline chart. Also you have to enable DLL import in options menu.
  • #1,332
  • Apr 29, 2015 9:13am Apr 29, 2015 9:13am
Quoting ChicagoRob
{quote} I like this strategy a lot. Hopefully, an EA can be made to your specifications. In the meantime, I'll try it manually.
Looks like mor707 is working on this already. Please let me know about your testing results, thanks. I am busy ATM. However, if your results are good and noone automates, I may give it a try.
  • #1,333
  • Apr 29, 2015 9:34am Apr 29, 2015 9:34am
Quoting Frank R Schu
{quote} Yes I had the same problem, email from my broker said hyper active EA causing overload on their server and advising me to disable it, so switched to every3candles instead and works ok.
I will fix that problem and release a new version.
Trading is the hardest way to make easy money...
  • #1,334
  • Apr 29, 2015 9:37am Apr 29, 2015 9:37am
Quoting MathTrader7
{quote} I will fix that problem and release a new version.
I have great regard for your work
  • #1,335
  • Apr 29, 2015 9:38am Apr 29, 2015 9:38am
Could you please recalculate those 2 charts by using the renko standard method - buy or sell after reverse and 2 closed candles, exit after 1 reverse candle. I am curious how this would turn out and I tested Renkos and MA's intensively.


Quoting HungaryFX
{quote} Hello My manual renko strategy: If the prices 2 bricks are above the MA buy trades . If the prices 2 brick are below the MA sell trades . If the prices 1 bricks are above or below the MA exit open trade. I use GOLD. EMA 21 and 12 pip renko bricks. 2 bricks after breakeven. Look at the picture. It would be good code a EA based...... {image} {image}
  • #1,336
  • Apr 29, 2015 11:09am Apr 29, 2015 11:09am
Quoting ChicagoRob
{quote} I like this strategy a lot. Hopefully, an EA can be made to your specifications. In the meantime, I'll try it manually.
Today FOMC . I have not used this strategy today. Today low volatility of the gold . Sorry my English . I from Hungary.
  • #1,337
  • Apr 29, 2015 8:17pm Apr 29, 2015 8:17pm
Renko Builder v1.04 - optional update

Hi, here is the latest version v1.04 of my Renko Builder. If you run v1.03 already, there is no need to update. The changes applied may be handy though.

Change Log:

//|
//| Apr 25 2015 (eni) (v1.01):
//| - Initial version
//|
//| Apr 26 2015 (eni) (v1.02):
//| - Release Version #1
//| - New UpdateChartWindow()
//| - New Renko Brick calculation ( online )
//| - Non-Gap Renko Chart support
//| - Create standard TimeFrame Renko Charts in different directory
//| - New Maximum Bars back in Source Chart
//|
//| Apr 28 2015 (eni) (v1.03):
//| - Release Version #2
//| - No Update of Offline Chart while reading history
//| - No FileFlush while reading history
//| - New Renko Brick calculation ( history )
//| - New History File format (401), stored values are normalized
//| - New Reduce CPU Load option
//|
//| Apr 30 2015 (eni) (v1.04):
//| - Release Version #3
//| - Show Configuration and Runtime summary
//| - Disable Maximum Bars back when creating standard TimeFrame Renko Charts for backtesting
//|

I consider this release as the last one for a longer time. It's tested briefly now ( v1.03 works correct too ) and does everything I need and could think of a Renko Builder. If you have issues or want to discuss enhancements, please let me know.

Best, V
Attached File(s)
File Type: ex4 EA_RenkoBuilder.ex4   289 KB | 766 downloads
  • #1,338
  • Apr 30, 2015 12:23am Apr 30, 2015 12:23am
Quoting HungaryFX
{quote} Hello My manual renko strategy: If the prices 2 bricks are above the MA buy trades . If the prices 2 brick are below the MA sell trades . If the prices 1 bricks are above or below the MA exit open trade. I use GOLD. EMA 21 and 12 pip renko bricks. 2 bricks after breakeven. Look at the picture. It would be good code a EA based...... {image} {image}
Thanks HungaryFX,

Sorry guys, I just wanted the MA settings, I am not a programmer so I will not be able to make a EA for Hungary's method.

Cheers
  • #1,339
  • Edited 3:34am Apr 30, 2015 2:56am | Edited 3:34am
Ok, I gave Hungarys strategy a try ( just hardcoded it quickly within an existing EA ) . I hope I got it correctly. EURUSD, 12 pips bricks ( have no Gold data ). In addition I used a fixed SL of 35 pips.

Picture 1: the method
Picture 2: the results ( 6 months backtesting )
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Hungary Trading.jpg Size: 254 KB
Click to Enlarge Name: Hungary Results.jpg Size: 174 KB
  • #1,340
  • Apr 30, 2015 4:15am Apr 30, 2015 4:15am
Here is Version 3.30 of the EA that fixes the problem of fixed trailing stop.
Attached File(s)
File Type: ex4 MathTrader7_RenkoEA.ex4   86 KB | 1,367 downloads
Trading is the hardest way to make easy money...
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