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Lets Automate a Simple Renko Strategy!

  • #1,341
  • Apr 30, 2015 6:36am Apr 30, 2015 6:36am
Quoting verified
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 ) {image} {image}
Verified...nice work on the Renko stuffs...

But on your chart, there are a few issues.

Your entries are delayed for seemingly 2 reasons
1. The non-gap renko can move 2 brick sizes and only show a single candle. When it does this, it delays the trigger (if you are using candle closes), by a brick.
2. Seems to be no consistency on the trigger if 2 candles close above/below your hulls MA.


In addition to this, it would seem to be missing exits on a single candle close above/below the Moving Average which is counter to the trade.

It would seem to me that Hungary's strategy, might actually play out better on a standard renko chart.

Check it.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,342
  • Apr 30, 2015 6:51am Apr 30, 2015 6:51am
Thanks for the new version MathTrader7.

Have been testing the EA on a demo account for the last few days. Obviously the results have been very good because of the way the markets have behaved. Have to wait and see how it performs in sideways markets and then on a real account.
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  • #1,343
  • Apr 30, 2015 7:00am Apr 30, 2015 7:00am
Quoting MathTrader7
Here is Version 3.30 of the EA that fixes the problem of fixed trailing stop. {file}
Thanks MathTrader

In this next version you have put again stochastic filter, and the MA´s are again 50 and 27, as they were en version 2.99. In version 3.10, there was no stochastic and the MA´s were 11 and 10. What´s the reason?
  • #1,344
  • Apr 30, 2015 7:16am Apr 30, 2015 7:16am
Quoting batir
{quote} Thanks MathTrader In this next version you have put again stochastic filter, and the MAs are again 50 and 27, as they were en version 2.99. In version 3.10, there was no stochastic and the MAs were 11 and 10. Whats the reason?
You're welcome! :-)
In this version I re-implemented Stochastic filter and MA slope filter again. However, the main reason to release this version is for testing the fixed trailing stop. Could you please test it and come back to me with your results?
Trading is the hardest way to make easy money...
  • #1,345
  • Apr 30, 2015 8:15am Apr 30, 2015 8:15am
Quoting MathTrader7
{quote} You're welcome! :-) In this version I re-implemented Stochastic filter and MA slope filter again. However, the main reason to release this version is for testing the fixed trailing stop. Could you please test it and come back to me with your results?
Already a demo account open with this new vesion. I´ll tell you the results.
  • #1,346
  • Apr 30, 2015 8:23am Apr 30, 2015 8:23am
Quoting MathTrader7
{quote} You're welcome! :-) In this version I re-implemented Stochastic filter and MA slope filter again. However, the main reason to release this version is for testing the fixed trailing stop. Could you please test it and come back to me with your results?
Thanks Math
Will test it tomorrow evening here in Australia .
  • #1,347
  • Apr 30, 2015 9:51am Apr 30, 2015 9:51am
Quoting verified
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 ) {image} {image}


Hello

My strategy use for GOLD! EURUSD volatility not = gold volatility. EURUSD requires a different strategy parameters!
Look at the pictures! MY manually 100 % bactest 11 february 2015 - Today

11 February - 28 February +436 pip
1- 31 Mar + 138 pip
1 April - today +574 pip realized but not realized big trade today
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  • #1,348
  • Apr 30, 2015 9:52am Apr 30, 2015 9:52am
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  • #1,349
  • Apr 30, 2015 11:03am Apr 30, 2015 11:03am
Hi HungaryFX, thank you for your efforts for clarification ! You know the different Parameters for Forex and you are willing to share ?

Best, V.
  • #1,350
  • Edited 2:17pm Apr 30, 2015 2:02pm | Edited 2:17pm
Quoting verified
Hi HungaryFX, thank you for your efforts for clarification ! You know the different Parameters for Forex and you are willing to share ? Best, V.
Hello

My Renko charts generated only M5 chart, but not great difference of M1 . EURUSD Zig Zag Volatility of strong in daytrade . EURUSD I do not use this strategy , but at first parameter ( idea ) mod swing trade . More size Ema or LMA and more brick size . Precedens: 53 Linear Weighted MA close price. 14 pip renko bricks. 2 bricks after breakeven. FIRST IDEA! I'M NOT SURE THAT BE GOOD.
  • #1,351
  • Apr 30, 2015 7:22pm Apr 30, 2015 7:22pm
Excelend work my friend i allready like this EA im testing it at eur/usd gbp/usd usd/cad nzd/usd and aud/usd i will share my results with you guys so we can pick the best pairs for this EA
  • #1,352
  • May 1, 2015 12:24am May 1, 2015 12:24am
Hi all im interested this renko.

So after university, ill try it demo

Anyway...what pair are you using?
And...this system has changed?
  • #1,353
  • Edited 5:53am May 1, 2015 5:22am | Edited 5:53am
Hi All,

If you want to stay away from choppy zones, you can use ADX(14) for this. Choppy zones can eat up a lot of profit with the entries done here. I tested this briefly and would recommend it. ATM I use ADX threshold >= 40.0 for entry. Brick size 50 points on my side.

Look at Nov 5 last year. Not handpicked, I just saw it. Nothing we like for trading. Look at the entries only. The exits can and have to be be improved ( it's just the opposite candle exit on this pic ) . All trades can win, filtered with ADX(14).

Best, V.
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  • #1,354
  • May 1, 2015 6:00am May 1, 2015 6:00am
Would you please share EA Art Trader v 1.15 to test
  • #1,355
  • May 1, 2015 6:57am May 1, 2015 6:57am
Quoting verified
Not handpicked, I just saw it. Nothing we like for trading. Look at the entries only. The exits can and have to be be improved ( it's just the opposite candle exit on this pic ) . All trades can win, filtered with ADX(14). Best, V. {image}
Not handpicked?

You chose a random day from 6 months ago to show something, and it isn't handpicked???


Do you know what handpicked means?

All trades can win, hey?

Out of the 6 trades on this screen, 4 of them are losers!!!

But, you did stipulate that we should look at the entries only...which makes absolutely no sense...do you wanna know why? Because 4 out of 6 would erase the profits and shrink the equity!!!

I'm not saying that working with the ADX as a filter wouldn't help...What I am just saying, is, well...you're a moron!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,356
  • May 1, 2015 7:58am May 1, 2015 7:58am
Quoting MathTrader7
Here is Version 3.30 of the EA that fixes the problem of fixed trailing stop. {file}
The new version does not place any order for me. I have it running on VPS since last night and not a single order placed till now.
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  • #1,357
  • May 1, 2015 8:00am May 1, 2015 8:00am
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}



Hi HungaryFx: here you say EMA21,but the next many pics you show SMA21.So EMA21 or SMA21? Thankyou!
  • #1,358
  • May 1, 2015 8:00am May 1, 2015 8:00am
Quoting MathTrader7
Here is Version 3.30 of the EA that fixes the problem of fixed trailing stop. {file}
Hello MT7

EA did not open any trade for me since morning.

P.S. I am using your renko builder.
If you believe in yourself anything is possible !!
  • #1,359
  • May 1, 2015 8:01am May 1, 2015 8:01am
Quoting Sindxb
{quote} The new version does not place any order for me. I have it running on VPS since last night and not a single order placed till now. {image} {image} {image}
Quoting imifx
{quote} Hello MT7 EA did not open any trade for me since morning. P.S. I am using your renko builder.
Change the Stochastic settings to K=12, D=3, Slowing=7 and MA Method = Simple
Or
Just disable Stochastic filter.
Trading is the hardest way to make easy money...
  • #1,360
  • May 1, 2015 8:02am May 1, 2015 8:02am
Quoting Sindxb
{quote} The new version does not place any order for me. I have it running on VPS since last night and not a single order placed till now. {image} {image} {image}
I had the same issue use these renko tools! posted earlyer in this forum
Attached File(s)
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