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Lets Automate a Simple Renko Strategy!

  • #1,521
  • Jun 4, 2015 2:31pm Jun 4, 2015 2:31pm
Quoting Bernhard
{quote} I am just testing it. What settings do you use?
Mostly default v3.30 settings champ. I've attached them for you.

Thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: huFbStL.png Size: 44 KB
Click to Enlarge Name: buHROPr.png Size: 24 KB
  • #1,522
  • Jun 5, 2015 4:28am Jun 5, 2015 4:28am
thank you very much for your detailed report.
I tested renko_scalper but it open position on the live candle and this is wrong. the live is often changing colour so the EA does not correct deside if long or short
Attached Image (click to enlarge)
Click to Enlarge Name: n3xcM66.png Size: 25 KB


what EA do you use? I tried also MathTrader7_RenkoEA but it made no trade.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,523
  • Jun 5, 2015 6:13am Jun 5, 2015 6:13am
also the trailing stop should not follow the live candle but the closed renko
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,524
  • Jun 5, 2015 7:41am Jun 5, 2015 7:41am
2 pip renko gu today looks nice
but it was NFP
Attached Image (click to enlarge)
Click to Enlarge Name: ljRljYW.png Size: 32 KB


still the robot was unable to catch anything but lost. Maybe the offlinechart is too laggy
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #1,525
  • Jun 5, 2015 12:20pm Jun 5, 2015 12:20pm
Which boxsize is recommended for MathTraders EA at standard settings?
  • #1,526
  • Jun 10, 2015 5:46pm Jun 10, 2015 5:46pm
I've been looking at pages of this thread? Where can I find the EA and instructions?
  • #1,527
  • Jun 10, 2015 6:28pm Jun 10, 2015 6:28pm
And is the MathTrader7 EA operating as the OPs strategy? Has it been successful I've been seeing mixed results. What pairs should it be traded on?
  • #1,528
  • Jun 15, 2015 7:17am Jun 15, 2015 7:17am
Quoting gselsidi12
I've been looking at pages of this thread? Where can I find the EA and instructions?
Here you have the latest version of MathTrader7 EA (version 3.35) and the latest version of the Non Gap renko Chart Cretor (version 1.4)

You have to open the 1m chart of the pair you want to use and attach to it the "MathTrader7 renkoChartCreator.1.4.
Then, open a 2m offline chart of the same pair and put the MathTrader7 3.35 expert in this one. Don´t forget to uncheck "offline Chart" in the propierties of this chart.
Attached File(s)
File Type: ex4 MathTrader7_3.35.ex4   145 KB | 1,692 downloads
File Type: ex4 MathTrader7_RenkoChartCreator.1.4.ex4   115 KB | 1,603 downloads
  • #1,529
  • Jun 15, 2015 7:18am Jun 15, 2015 7:18am
Quoting eCris
Which boxsize is recommended for MathTraders EA at standard settings?
I´m using 10 pips bricks.
  • #1,530
  • Jun 16, 2015 1:50pm Jun 16, 2015 1:50pm
how can i backtest renko chart?
i tried many methods but didnt work
  • #1,531
  • Jun 16, 2015 11:12pm Jun 16, 2015 11:12pm
Quoting Gambari
{quote} Great to see the fib added, I was working on adding the fib, but how do we determine the C, is the C after the B or within the A before B.....?
The C is the deepest pullback after B.
in the image below "c" was formed, and then a deeper "C" followed.
The deepest C After A and B is the "C"
Attached Image (click to enlarge)
Click to Enlarge Name: fib-c.JPG Size: 45 KB
  • #1,532
  • Jun 19, 2015 8:50am Jun 19, 2015 8:50am
Thank for sharing your system i love it, kindly send your renko chart to me or send me your renko chart with your moving average as template. that is what i need i cant trade with EA. Thanks
  • #1,533
  • Edited 10:13am Jun 19, 2015 9:30am | Edited 10:13am
Hi! @MathTrader7, please change stochastic filter to DiNapoli Stochastic cross. You will see the magic :-) Please use 21/3/7 parameters.

I trade DAX30 with 70 pip renko box. Looks promising. Buy after confirmed dinapoli cross. Will be great to make an EA.
Attached File(s)
File Type: mq4 StochasticDiNapoli_v1.mq4   3 KB | 933 downloads
  • #1,534
  • Jun 22, 2015 4:22am Jun 22, 2015 4:22am
should be using M2 offline chart for better results
  • #1,535
  • Jun 24, 2015 11:24am Jun 24, 2015 11:24am
Quoting nobbie
Hi! @MathTrader7, please change stochastic filter to DiNapoli Stochastic cross. You will see the magic :-) Please use 21/3/7 parameters. I trade DAX30 with 70 pip renko box. Looks promising. Buy after confirmed dinapoli cross. Will be great to make an EA. {file}
Can You show US how does it look like ? WHat You mean by confirmed cross ?
  • #1,536
  • Jul 7, 2015 9:57am Jul 7, 2015 9:57am
Hi all, I am new to this group. I have traded on Renko chart and strategy and I can't believe I find Renko EA here. Thank you a lot, Shreyash for founding this group, MathTrader7 for building EA, Magix, Sminage and everyone here who I can't mention all for you countless contributions.
  • #1,537
  • Jul 7, 2015 4:11pm Jul 7, 2015 4:11pm
MathTrader7 EA didn't open any trade on 2 bull bricks close. Can't do anything about it since he hasn't shared the code. Looks like I will have to program my own.
  • #1,538
  • Jul 8, 2015 5:59am Jul 8, 2015 5:59am
Quoting Nabz
MathTrader7 EA didn't open any trade on 2 bull bricks close. Can't do anything about it since he hasn't shared the code. Looks like I will have to program my own.
Do you enable Stochastic? You should try to turn it off and follow up again if problem still the same.
  • #1,539
  • Jul 8, 2015 6:01am Jul 8, 2015 6:01am
Hi MathTrader7,

If we open more than one pair at a time, should we set Magic Number differently?

Thanks,
  • #1,540
  • Jul 8, 2015 2:05pm Jul 8, 2015 2:05pm
Quoting kpsdara
Hi MathTrader7, If we open more than one pair at a time, should we set Magic Number differently? Thanks,
No, you don't have to set a different magic number for each pair. If you are running another EA on the same account, make sure that their magic numbers are different.
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