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Renko channel + Fast EMA = simple and profitable

  • #301
  • Nov 16, 2015 12:06pm Nov 16, 2015 12:06pm
Why all offline charts turns to H1 charts?
Don't change something that work!
  • #302
  • Nov 16, 2015 12:19pm Nov 16, 2015 12:19pm
Quoting IsabellaD
{quote} Hi Tobi interesting remark. what is the ratio? Bid and ask? How to use? < 55 or > 45 as I found on other place?
when a signal from the system will I use it as bestädigung
  • #303
  • Nov 16, 2015 12:31pm Nov 16, 2015 12:31pm
Quoting Emira7e
Why all offline charts turns to H1 charts?
see#59 and #278
2015/11/16 22:00MEZ;Demo4/902;V1.50#308;5Digits;Indi/EA def
  • #304
  • Nov 16, 2015 12:45pm Nov 16, 2015 12:45pm
Quoting IsabellaD
{quote} see#59 and #278
So no solution yet?
Don't change something that work!
  • #305
  • Nov 16, 2015 12:46pm Nov 16, 2015 12:46pm
Quoting Tobib80
{quote} when a signal from the system will I use it as bestdigung
thx
means tormorrow a little higher? if there are no other market impressions?
Attached Image (click to enlarge)
Click to Enlarge Name: eu.JPG Size: 57 KB
2015/11/16 22:00MEZ;Demo4/902;V1.50#308;5Digits;Indi/EA def
  • #306
  • Nov 16, 2015 12:55pm Nov 16, 2015 12:55pm
Quoting Emira7e
{quote} So no solution yet?
Here 's recently been started . I think after the first enthusiasm must now first be seen whether it is possible to implement the idea . Certainly not an easy job , I think we have to be patient even hop with the assessment or top.
A nice evening I wish you in your beautiful country.
2015/11/16 22:00MEZ;Demo4/902;V1.50#308;5Digits;Indi/EA def
  • #307
  • Nov 16, 2015 12:59pm Nov 16, 2015 12:59pm
Quoting IsabellaD
{quote} Here 's recently been started . I think after the first enthusiasm must now first be seen whether it is possible to implement the idea . Certainly not an easy job , I think we have to be patient even hop with the assessment or top. A nice evening I wish you in your beautiful country.
Thanks, i wish you nice evening too.
Don't change something that work!
  • #308
  • Nov 16, 2015 1:24pm Nov 16, 2015 1:24pm
You have EA? Very interesting strategy
  • #309
  • Edited 2:04pm Nov 16, 2015 1:51pm | Edited 2:04pm
Here is Version 1.50 of the EA. In this version the following updates have been applied:
1. The user can enable/disable MA trend filter (default is enabled).
2. The user can specify max spread to filter abnormal market condition (default is set to 35 points).
3. You do not have to uncheck 'Offline chart' option! The EA works even if you don't uncheck it with some programming tricks I implemented into this new version

Note 1: This EA only works on non-gap Renko charts. You can download the required Renko builder EA from here.
Note 2: This version is not fully tested. It may represent some bugs. Please report your observations.

How to install this EA on your MetaTrader4 Platform
For newbies, here is a video on youtube that shows how to install any EA on MetaTrader 4 platform in 5 easy steps
Attached File(s)
File Type: ex4 RenkoStreetChannel.ex4   9 KB | 915 downloads
File Type: ex4 MathTrader7_RenkoStreetEA.ex4   133 KB | 1,172 downloads
Trading is the hardest way to make easy money...
  • #310
  • Nov 16, 2015 1:54pm Nov 16, 2015 1:54pm
Quoting MathTrader7
Here is Version 1.50 of the EA. In this version the following updates have been applied: 1. The user can enable/disable MA trend filter. 2. The user can specify max spread to filter abnormal market condition (default is set to 35 points). 3. You do not have to uncheck 'Offline chart' option! The EA works even if you don't uncheck it with some programming tricks I implemented into this new version Note: This EA only works on non-gap Renko charts. You can download the required Renko builder EA from here....
Gratz
Don't change something that work!
  • #311
  • Nov 16, 2015 3:33pm Nov 16, 2015 3:33pm
Quoting MathTrader7
Here is Version 1.50 of the EA. In this version the following updates have been applied: 1. The user can enable/disable MA trend filter (default is enabled). 2. The user can specify max spread to filter abnormal market condition (default is set to 35 points). 3. You do not have to uncheck 'Offline chart' option! The EA works even if you don't uncheck it with some programming tricks I implemented into this new version Note 1: This EA only works on non-gap Renko charts. You can download the required Renko builder EA from here....
thx Math

all 25 Charts Renko are open, look well, but do not trade since I startet at 20:00 MEZ.
I let them run till tormorrow
2015/11/16 22:00MEZ;Demo4/902;V1.50#308;5Digits;Indi/EA def
  • #312
  • Nov 16, 2015 3:45pm Nov 16, 2015 3:45pm
Quoting IsabellaD
{quote} thx Math all 25 Charts Renko are open, look well, but do not trade since I startet at 20:00 MEZ. I let them run till tormorrow
You're welcome! :-)
The market is not that much volatile now. We need to wait for London session to open...
Trading is the hardest way to make easy money...
  • #313
  • Nov 16, 2015 7:20pm Nov 16, 2015 7:20pm
Quoting ecmoney
I had set up with 15 pairs with previous ver for yesterday, 2W 7L., some trades were begun at the close of 2nd candle. Updated to ver1.15 12 hours ago, no trades are triggered.
For the past 24 hrs, ver 1.25 was applied. There were 5 trades, all of them hit the SL. Maybe, the system needs to be improved.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20151117_090926.jpg Size: 416 KB
  • #314
  • Nov 16, 2015 7:29pm Nov 16, 2015 7:29pm
Quoting ecmoney
{quote} For the past 24 hrs, ver 1.25 was applied. There were 5 trades, all of them hit the SL. Maybe, the system needs to be improved.{image}
Need some filter.
Attached Image (click to enlarge)
Click to Enlarge Name: 12255520_1106073212743744_1922370888_o.jpg Size: 48 KB
Everyone can find their HolyGrail
  • #315
  • Nov 16, 2015 7:40pm Nov 16, 2015 7:40pm
Did you guys remove the 300 sma filter? Or is it still set at 300? I haven't had any problems with it using the set settings.
  • #316
  • Nov 16, 2015 10:34pm Nov 16, 2015 10:34pm
Could you add price bounce to touch the line and enter the trade , important support ressistance to calculate day,4 hours, 1 hours in external where we can sellect to use the time frame after each big moves or side way market to get the real Breakout from ema and important support ressistance Thanks
  • #317
  • Nov 16, 2015 11:52pm Nov 16, 2015 11:52pm
i think the best filter is using support and resistance....
Attached Image (click to enlarge)
Click to Enlarge Name: renko.png Size: 30 KB
Le$$ I$ More
  • #318
  • Nov 16, 2015 11:59pm Nov 16, 2015 11:59pm
Quoting MathTrader7
Here is Version 1.50 of the EA. In this version the following updates have been applied: 1. The user can enable/disable MA trend filter (default is enabled). 2. The user can specify max spread to filter abnormal market condition (default is set to 35 points). 3. You do not have to uncheck 'Offline chart' option! The EA works even if you don't uncheck it with some programming tricks I implemented into this new version Note 1: This EA only works on non-gap Renko charts. You can download the required Renko builder EA from here....
It still does not work for me The last one which works is 1.20. By the way, my broker has -PRO extension (e.g. EurJpy-Pro). Maybe you changed something about this, and this is the reason?
  • #319
  • Nov 17, 2015 2:41am Nov 17, 2015 2:41am
Two broker - 25 Renkocharts - no deal
2015/11/16 22:00MEZ;Demo4/902;V1.50#308;5Digits;Indi/EA def
  • #320
  • Nov 17, 2015 2:48am Nov 17, 2015 2:48am
Hi MathTrader

Im experiencing same sort of issue, I've followed all you valuable instructions, tried different brokers, different mt builds, different ea versions, but no trading at all.


I would suggest you can maybe add some extra logging, so that we get some indication of what possibly could be wrong.

This is all Im getting in the log.
Expert MathTrader7_RenkoChartCreatorEA EURUSD-sb,M1: loaded successfully
MathTrader7_RenkoChartCreatorEA EURUSD-sb,M1 inputs: RenkoBrickSize=100; RenkoChartTime=2;
MathTrader7_RenkoChartCreatorEA EURUSD-sb,M1: EURUSD-sb2.hst opened successfully!
MathTrader7_RenkoChartCreatorEA EURUSD-sb,M1: initialized
Expert MathTrader7_RenkoStreetEA EURUSD-sb,M2: loaded successfully
MathTrader7_RenkoStreetEA EURUSD-sb,M2 inputs: sec1==== Trend MA ===; InpCheckTrend=false; InpMAPeriod=150; InpMAMethod=0; InpMAPrice=4; sec2==== Trailing Stop === ; InpIPTMSL=300; InpTSD=150; sec3==== SL / TP === ; InpSLpoints=250; InpTPpoints=0; sec4==== Money Management === ; InpMMType=0; InpFixedLotSize=0.1; InpFixedMoney=10.0; InpFreeMargin=1.0; InpBalance=1.0; sec5==== Misc === ; InpMaxSpread=20; InpSlippage=10; InpMagicNumber=1122;
MathTrader7_RenkoStreetEA EURUSD-sb,M2: Renko brick size is 100 points
MathTrader7_RenkoStreetEA EURUSD-sb,M2: initialized

thx a lot
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