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Renko channel + Fast EMA = simple and profitable

  • #481
  • Nov 24, 2015 12:40am Nov 24, 2015 12:40am
Quoting Magregus
1.70 not working here on build 910. 1.60 version worked on build 902 not sure what's going on.
which version has worked better till now?
The Goose Goozid! FK Goozid!
  • #482
  • Nov 24, 2015 2:10am Nov 24, 2015 2:10am
v 1.60 build 910 - GU. GA. EA x 2- long & short - all winning trades overnight for me. Currently up in a UC position. FYI.
  • #483
  • Nov 24, 2015 2:21am Nov 24, 2015 2:21am
Running the EA for a few days now on 100 points brick size. All trades are closed on profit. Maybe its just luck.
  • #484
  • Nov 24, 2015 2:27am Nov 24, 2015 2:27am
Quoting eCris
Running the EA for a few days now on 100 points brick size. All are closed on profit. Maybe its just luck.
what settings you use?
The Goose Goozid! FK Goozid!
  • #485
  • Nov 24, 2015 2:42am Nov 24, 2015 2:42am
Quoting AnalogKid
Last week I had several pairs on a VPS which were making trades. I let it run constantly over the weekend, never restarting the terminal, and even added a few pairs before close. The charts show some tradeable points but none have been taken since Sunday open. Not sure if its due to the end of trading or other? Those using VPS, have you had problems after a trade week ends?
I had exactly the same problem. EA did not restart trading after the weekend. I opened the EA properties and clicked OK to close (without changing anything) and the EA started trading again. Maybe something to do with the market being closed affecting the EA.
Always read Post #1
  • #486
  • Nov 24, 2015 3:04am Nov 24, 2015 3:04am
Quoting jagzuk
{quote} I had exactly the same problem. EA did not restart trading after the weekend. I opened the EA properties and clicked OK to close (without changing anything) and the EA started trading again. Maybe something to do with the market being closed affecting the EA.
My EA on VPS started after weekend. Latest client version.
  • #487
  • Nov 24, 2015 3:16am Nov 24, 2015 3:16am
A (partial) work around to the H1 offline chart problem:

For those (like me) who are frustrated by having the setup all the Renko Charts after restarting MT4 (which still seems to be a problem in build 910) I have developed a process that reduces the work of recreating all the charts.

MT4 will correctly reload the offline charts when Offline chart is checked. Therefore, I have created two Profiles: one called Startup where all the charts have Offline chart still checked, and another profile called Running. When I restart MT4 I load the Startup profile, then immediately save it as Running (overwriting the Running profile if it is already there). You still need to go into each chart and uncheck Offline chart, but at least you don't have to set everything up from scratch.

Here are the steps I use for the initial setup:

1. Open your M2 charts, leave Offline chart checked for now, and setup your indicators and EAs.
(It's also worth saving your first M2 chart as a Template so that you can set charts up more quickly).
2. Once you have all your charts ready (with Offline chart still checked) save this setup as a new Profile (e.g. Startup).
3. BEFORE any more changes, save the Profile again with a different name (e.g. Running)

Here are the steps for restating MT4.

1. Start/Restart MT4
2. Load the profile that has Offline chart still checked (e.g. Startup)
3. BEFORE making any changes to your charts, re-save this profile with a different name (e.g. Running)
4. Ensure that AutoTrading is enabled
5. For each of your charts, uncheck Offline chart.

Hope this helps. If anyone has a quicker method please share.
Always read Post #1
  • #488
  • Nov 24, 2015 3:22am Nov 24, 2015 3:22am
Quoting eCris
{quote} My EA on VPS started after weekend. Latest client version.
Thanks for the info. Interesting. I am now upgraded to build 910 with EV v1.70 so I'll see what happens over the coming weekend.
Always read Post #1
  • #489
  • Edited 5:14am Nov 24, 2015 3:58am | Edited 5:14am
I created a Trade Explorer for the EA running on my VPS. You can find it on my profile or on top of this thread.
Trading is the hardest way to make easy money...
  • #490
  • Nov 24, 2015 5:19am Nov 24, 2015 5:19am
HELLO,
i can't find the EA in the posts, is it working?
  • #491
  • Nov 24, 2015 7:23am Nov 24, 2015 7:23am
Hi Traders,

I have been trading since March 2009. I trade the old skool way of price action & some indicators. I aim for a minimum of 40 pips per day but I do about 105 on average.

I have heard of RENKO but I don't know nothing about it! I have never looked at it to be honest.

Had a quick look at the posts & I kinda get the idea.

Quick questions. Do all of the RENKO indicators re-paint? How do I get my bars to look like the ones in the posts?

Thank you for helping me!
kevinfxtrader blogspot com; 50 PIPS Per Day
  • #492
  • Nov 24, 2015 8:57am Nov 24, 2015 8:57am
Hi Mathtrader

On Your backtest post 347, what Money management do You use? Default Free margin %? And what leverage?

Regards
  • #493
  • Nov 24, 2015 9:11am Nov 24, 2015 9:11am
MathTrader7, is this something that is possible to automate? http://www.forexfactory.com/showthread.php?t=567420
  • #494
  • Nov 24, 2015 9:18am Nov 24, 2015 9:18am
Quoting Elovv
Hi Mathtrader On Your backtest post 347, what Money management do You use? Default Free margin %? And what leverage? Regards
Hi Elovv,
Yes, it is Free Margin percentage (1.0%). The leverage is 100:1.

Best,
Math
Trading is the hardest way to make easy money...
  • #495
  • Nov 24, 2015 11:20am Nov 24, 2015 11:20am
Hello MT7, I am testing v1.7 and the EA has been opening orders however a few days ago I inquired what signal/condition opens a new order but didn't receive any response. Please see the attachment where a trade was not opened where I believe it should have.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 8 KB


What signal/condition opens a new order? Please advise. Thank you.
  • #496
  • Nov 24, 2015 11:58am Nov 24, 2015 11:58am
Quoting t3ch
Hello MT7, I am testing v1.7 and the EA has been opening orders however a few days ago I inquired what signal/condition opens a new order but didn't receive any response. Please see the attachment where a trade was not opened where I believe it should have. {image} What signal/condition opens a new order? Please advise. Thank you.
Hi t3ch,
In version 1.7 the signal is based on the channel indicator, and a filter that I have implemented into the EA. If you want to trade every signal by the channel, you can use version 1.5 and disable trend filter.

Best,
Math
Trading is the hardest way to make easy money...
  • #497
  • Nov 24, 2015 5:29pm Nov 24, 2015 5:29pm
Quoting MathTrader7
{quote} Hi t3ch, In version 1.7 the signal is based on the channel indicator, and a filter that I have implemented into the EA. If you want to trade every signal by the channel, you can use version 1.5 and disable trend filter. Best, Math
Where is Version 1.7 Please?, i could not find it!
  • #498
  • Nov 24, 2015 5:51pm Nov 24, 2015 5:51pm
Quoting yaseena
{quote} Where is Version 1.7 Please?, i could not find it!

Post #434
http://www.forexfactory.com/showthre...05#post8602605
  • #499
  • Nov 24, 2015 6:12pm Nov 24, 2015 6:12pm
Quoting AnalogKid
{quote} Post #434 http://www.forexfactory.com/showthre...05#post8602605
thanks buddy!
  • #500
  • Nov 24, 2015 6:36pm Nov 24, 2015 6:36pm
Quoting MathTrader7
{quote} Hi t3ch, In version 1.7 the signal is based on the channel indicator, and a filter that I have implemented into the EA. If you want to trade every signal by the channel, you can use version 1.5 and disable trend filter. Best, Math
Thank you Math!!
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