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Renko channel + Fast EMA = simple and profitable

  • #61
  • Nov 8, 2015 5:58pm Nov 8, 2015 5:58pm
Quoting skyler
{quote} Do you have any idea how to save our charts? I mean when we uncheck offine chart, after re open MT4 we have H1 timefrate instead m2. I have idea for it that: uncheck while open, but before to close check offine all for dont lose TF. Is there any script for it? How your advice ?
I use VPS. The manually check/uncheck offline chart option that you mentioned also works.According to MQL4 reference document it is not possible to check/uncheck it in MQL4 language.
Trading is the hardest way to make easy money...
  • #62
  • Nov 8, 2015 7:42pm Nov 8, 2015 7:42pm
Its seems to EA open trade immediately when bounce channel. I think would be better results if open after candle renko close - its comfirm market change direction. By the way EA working good, i see nice results screen down.. but i think in long term its would be better to comfirm bounce of channel when candle close in reversal direction. Also would be good with trailing stop function
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  • #63
  • Nov 8, 2015 8:06pm Nov 8, 2015 8:06pm
Hello all... thanks for sharing the system

A very interesting strategy indeed,

I have found 2 indicator versions of renko but need alert added.

Could any of you kindly help me in this regard?


http://www.forexfactory.com/showthre...64#post8580864

Thankks.
Success - It's not always what you see
  • #64
  • Nov 8, 2015 8:42pm Nov 8, 2015 8:42pm
I agree with Skyler. I would also be great if a take profit at the opposite signal were an option as well. As you can see, I moved my orders to profit. So far so good...
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  • #65
  • Edited 9:33pm Nov 8, 2015 9:00pm | Edited 9:33pm
Quoting ShomariG
I agree with Skyler. I would also be great if a take profit at the opposite signal were an option as well. As you can see, I moved my orders to profit. So far so good... {image}
Hi Skyler/ShomariG,

Can you kindly share the renko that you use in the chart ?

Mine showing 'Please attach EA on a Non-gap Renko chart!' and not opening any orders.

Thanking you in advance.


Note : It's okay, I found it here : http://www.forexfactory.com/showthread.php?p=8211651
  • #66
  • Nov 8, 2015 9:54pm Nov 8, 2015 9:54pm
Quoting MTayyab
Can anyone tell me, where is Renko offline chart?
MTayyab - open a chart, put it to the timeframe you want to use (I use 1minute for Renko). Then add the Renko indicator to it (I use the MathTrader7 Renko). On the Renko indicator you should be able to put in the brick size (should be in tenths of pips so 100 would be 10 pips) and the timeframe (use a timeframe that isn't common - I use 2min). Then you can add the offline chart by going to File - Open Offline. When it comes up, scroll down to the same pair you added Renko to and the same timeframe (2min). Then click on it and it will open a new chart with the Renko on it. You can add any template you want to it.

John
Defeat is temporary, but giving up is permanent.
  • #67
  • Nov 8, 2015 11:44pm Nov 8, 2015 11:44pm
Quoting darshanag
{quote} Hi there robcole.. Tried searching for Kiads and it shows as 'membership revoked' against his profile and couldn't locate the particular EA! If you have it, can you pls post the same here ? Cheers ! Darshana

Just to let you know you can find him at Penguin Traders ,,,,
  • #68
  • Edited 3:46am Nov 9, 2015 2:45am | Edited 3:46am
Here is Version 1.10 of the EA. In this version the EA additionally checks the price to be closed over/under a fast MA (8,Linear Weighted,Close) and the last closed Renko bar to be Bullish/Bearish in order to open a Buy/Sell position. A trailing stop function is also added.

Note 1: The EA only works on non-gap Renko charts.​
Attached File(s)
File Type: ex4 MathTrader7_RenkoStreetEA.ex4   129 KB | 2,577 downloads
Trading is the hardest way to make easy money...
  • #69
  • Nov 9, 2015 3:23am Nov 9, 2015 3:23am
Hello. I'm sorry you have to select 'Chart Offline' in the graph Renko?
  • #70
  • Nov 9, 2015 3:31am Nov 9, 2015 3:31am
Quoting MathTrader7
Here is Version 1.10 of the EA. In this version the EA additionally checks the price to be closed over/under a fast MA (8,Linear Weighted,Close) and the last closed Renko bar to be Bullish/Bearish in order to open a Buy/Sell position. A trailing stop function is also added. Note 1: The EA needs the attached indicator to work properly. Note 2: The EA only works on non-gap Renko charts.​ {file}
Nice! Thanks MathTrader! I would also like to suggest a shift percentage setting so we can test different Renko types for more control.
  • #71
  • Nov 9, 2015 3:32am Nov 9, 2015 3:32am
Quoting Matrix8756
Hello. I'm sorry you have to select 'Chart Offline' in the graph Renko?
See post #58.
  • #72
  • Nov 9, 2015 3:41am Nov 9, 2015 3:41am
Quoting zamanib
Guys I bought it . I am not hear to sell or promote any thing-- But I do love to trade renko and indicator free . I am get interested in any renko trading system. Just learning how other traders trade renko
Hello Zamanib,
so could you share just the settings you are using ? Boxsize and ShiftPercent ?
  • #73
  • Nov 9, 2015 3:47am Nov 9, 2015 3:47am
[quote = ShomariG; 8581739]. {quote} Vedere post # 58 [/ quote]

Sorry. Thanks
  • #74
  • Nov 9, 2015 4:06am Nov 9, 2015 4:06am
going to TP.. look how its powerfull, just statistics, we have great RR to have money in long term. I think about higher TP and trailing stop whats you think guys? Ok lets check another version of MathTrader7 EA. Great work bro!
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  • #75
  • Nov 9, 2015 4:13am Nov 9, 2015 4:13am
Quoting ShomariG
I agree with Skyler. I would also be great if a take profit at the opposite signal were an option as well. As you can see, I moved my orders to profit. So far so good... {image}
Hey could you share your spread indicator? I have similar, but show points, no pips. Pips looks for me better
  • #76
  • Nov 9, 2015 4:45am Nov 9, 2015 4:45am
Quoting MathTrader7
Here is Version 1.10 of the EA. In this version the EA additionally checks the price to be closed over/under a fast MA (8,Linear Weighted,Close) and the last closed Renko bar to be Bullish/Bearish in order to open a Buy/Sell position. A trailing stop function is also added. Note 1: The EA only works on non-gap Renko charts.​ {file}
does in work with mini lots or microlots?
  • #77
  • Nov 9, 2015 4:56am Nov 9, 2015 4:56am
Is it really only touch is not good?this way we can get better entry and stop loss keep smaller or the same-.
  • #78
  • Nov 9, 2015 5:20am Nov 9, 2015 5:20am
Quoting skyler
going to TP.. look how its powerfull, just statistics, we have great RR to have money in long term. I think about higher TP and trailing stop whats you think guys? Ok lets check another version of MathTrader7 EA. Great work bro! {image}
what Super signal channel/Renko street channel settings are you using?my chart's indicator is different than you.
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  • #79
  • Nov 9, 2015 5:25am Nov 9, 2015 5:25am
http://forexwinners.ru/forex/renko-street-system-v-2-0/

Someone else already made it in april 2015.
  • #80
  • Nov 9, 2015 5:39am Nov 9, 2015 5:39am
Quoting volforex
Is it really only touch is not good?this way we can get better entry and stop loss keep smaller or the same-.
You right, but price can make very long run and break another and another high or low, like in EURJPY example. First version of MathTrader7 EA I got 4 bad entries coz price still doesnt react for channel. I think better to wait for react - reversal candle or cross fast MA to show us this high is more respected. Its meybe give worse entry, but save us for a lot of loss trade. We enter then in logic - just after react from bounce channel
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