Here is Version 1.20 of the EA. It fixes a minor bug that now prevents the EA from opening a new trade if it has been closed by the user. Note: This EA only works on non-gap Renko charts. You can download the required Renko builder EA from here. @fxent.: I couldn't reproduce the bug you reported in Post 170. How to install this EA on your MetaTrader4 Platform For newbies, here is a video...
results from approx. Wednesdays Asian session to Friday close of markets risking about 1.25% of account per trade based off a $20,000 demo, this was version 1.15 before bugs were fixed for reopen of trades. There was some losses because of the reopens and wrong direction opens of trade, as well as the first 2 gold trades opened from setting up the EA, other losses were from sl being hit at 25 pips. Some trades were closed from myself during US session because there was another bounce off channel in the opposite direction which the current trade would not have been closed yet, and therefore the EA would not have opened another position in the opposite position... A close of position on touch of channel might fix that. GOLD does not work properly for this EA, it seems to have its times where it will work, then it will open positions the wrong way as well as when it crosses back over the 3EMA it will take a new position without the channel. The EA missed a lot of trades on other pairs, not sure the reason for that. The system works amazing if manually traded, and once the EA is clear of bugs and issues this could be very powerful. Great work so far MathTrader!
Next week I will be running this from open to close of the week completely untouched based on a $10,000 demo account, risking 2.5% per trade. I will also be running it on another account semi automated with myself monitoring/opening and closing trades depending if I see any EA errors within the trades.
