Renko channel + Fast EMA = simple and profitable | Page 31 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Simple RSI & EMA high Profitable ratio Strategy 98 replies

rocky reboot: revisiting rockypoint's renko HA with ema method 156 replies

RENKO Trading SYSTEM - RENKO Indicators 7 replies

Please recommend an accurate and fast Renko generator 0 replies

New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies

Attachments: Renko channel + Fast EMA = simple and profitable
Exit Attachments

Renko channel + Fast EMA = simple and profitable

  • #601
  • Dec 7, 2015 2:51pm Dec 7, 2015 2:51pm
Quoting Elovv
Hi Mathtrader! I can see on Your Trade Explorer that Renko Street have good result. Have You change settings? Non 16-Nov 19 whas not good, 7 losses, 1 win. After that its very good. Are settings default? Regards Elovv
The first 7 trades were taken with another EA. I use the default settings of v1.7 of the EA except for money management which is Fixed Money (50 USD risk per trade per symbol). I run it on four major pairs: EURUSD, USDJPY, AUDUSD and USDCAD.

Quoting Elovv
And do You run EA 24 hours a day?
Yes! The EA is running on my VPS 24/7
Trading is the hardest way to make easy money...
  • #602
  • Dec 7, 2015 3:51pm Dec 7, 2015 3:51pm
Many thanks...Elovv
  • #603
  • Dec 8, 2015 7:55am Dec 8, 2015 7:55am
from yesterday run EA version 1.25,results is positive
  • #604
  • Dec 9, 2015 1:38am Dec 9, 2015 1:38am
Can any One please share Ea version of 1.25.

Thanks in advance.
Eudopo
  • #605
  • Dec 9, 2015 9:17am Dec 9, 2015 9:17am
im trading versiion 1.7 on mt4 build 920 it hasn't taken any trades in 3 days any ideas what I'm doing wrong?
  • #606
  • Dec 9, 2015 9:32am Dec 9, 2015 9:32am
Quoting Fiddy
im trading versiion 1.7 on mt4 build 920 it hasn't taken any trades in 3 days any ideas what I'm doing wrong?
v 1.7 open positions, but only loose. Is a good system, but something is missing other filter maybe.
  • #607
  • Dec 9, 2015 9:34am Dec 9, 2015 9:34am
Quoting Fiddy
im trading versiion 1.7 on mt4 build 920 it hasn't taken any trades in 3 days any ideas what I'm doing wrong?
1. Is 1m chart with chartcreator open?
2. Is 2m Renko chart offline option un-checked?
  • #608
  • Dec 9, 2015 9:58am Dec 9, 2015 9:58am
Quoting AdamG
{quote} 1. Is 1m chart with chartcreator open? 2. Is 2m Renko chart offline option un-checked?
yes
  • #609
  • Dec 9, 2015 10:05am Dec 9, 2015 10:05am
mathtrader7,i have idea. if is possible make EA ,where is option to allow take only short signals,or only long,than we can watch daily graphic (not renko),and follow trend in daily if trend is long then set EA take only long signals,an in settings we can take bigger tp and trailing stop.
  • #610
  • Edited Dec 10, 2015 4:07am Dec 9, 2015 6:55pm | Edited Dec 10, 2015 4:07am
Quoting ficibald
mathtrader7,i have idea. if is possible make EA ,where is option to allow take only short signals,or only long,than we can watch daily graphic (not renko),and follow trend in daily if trend is long then set EA take only long signals,an in settings we can take bigger tp and trailing stop.
I believe you already have the option under the common option in property of the ea.
You can choose long, short or long&short.
Attached Image
  • #611
  • Dec 10, 2015 4:01am Dec 10, 2015 4:01am
Quoting Liovannix
{quote} I believe you already have the option under the common option in property of the ea. You can choose long, short or long&shop. {image}
oh thanks.I got yes
  • #612
  • Dec 10, 2015 4:34am Dec 10, 2015 4:34am
Does the EA work or not? I think it missed 2 entries, if I understood well how it works. Am I missing anything?
Attached Image (click to enlarge)
Click to Enlarge Name: nope.png Size: 106 KB

If it matters, I'm on XM broker, MT4 920.
Using the RobotFX EAs for a while https://www.robotfx.org/
  • #613
  • Dec 10, 2015 6:57am Dec 10, 2015 6:57am
lastest version not working for me so i just use v1.5

tested after 24hour... so far result is not bad...

but.. i face a problem is... example

EU up trend - Long ok EA enter this... but after few hour i checked it sell EurAud( uptrend )

so... possible to avoid problem like this? thanks

Note: can someone share your TP/ TS setting?

possible to make it TP after touched next signal?
  • #614
  • Dec 10, 2015 7:15am Dec 10, 2015 7:15am
Mathtrader7, could you tell which filter do you use in the latest versions? I'm planning to test your EA in semiautomatic mode, so just trying to understand which version should I use.

Also I have a suggestion, since the ea suits range market better (channel indicator does't show the signals in the strong trend): add a filter, which measures the vertical distance in pips during single market session.

Example:

inputs:

time begin 9:00
time end 15:00
min distance 50 pips

If the price moves at least 50 pips in the one direction during this time, then after 15:00 the ea looks only for the signals in opposite direction.
  • #615
  • Dec 10, 2015 11:19am Dec 10, 2015 11:19am
Quoting vera
{quote} v 1.7 open positions, but only loose. Is a good system, but something is missing other filter maybe.
Hello guys,

version 1.7 is missing MA trend filter. With this version i have only loss, as its opening position incorrect and several times. I return back to version 1.5 which has this filter

Have a nice day
  • #616
  • Dec 10, 2015 10:59pm Dec 10, 2015 10:59pm
Quoting AdamG
{quote} 1. Is 1m chart with chartcreator open? 2. Is 2m Renko chart offline option un-checked?
yes and yes
  • #617
  • Dec 11, 2015 6:43am Dec 11, 2015 6:43am
OK, after a quick test I can tell you don't waste your time on this one. I would say it wouldn't be easy to find worse indicator
  • #618
  • Dec 11, 2015 9:43pm Dec 11, 2015 9:43pm
My way to trade renko :
RENKO CREATE Size 10 TF 2
Indicator DMI

Entry:
Buy:
candle close with green arrow
Sell:
candle close with red arrow

Take Profit:
Buy:
Next candle close at higher - or more higher
Sell:
Next candle close at lower - or more lower

Stop Lose:
Buy:
Next candle close at 2 lower
Sell:
Next candle close at 2 higher

You can also use martingale to trade

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM2.png Size: 28 KB
Everyone can find their HolyGrail
  • #619
  • Dec 11, 2015 10:27pm Dec 11, 2015 10:27pm
Quoting tai9127
My way to trade renko : RENKO CREATE Size 10 TF 2 Indicator DMI Entry: Buy: candle close with green arrow Sell: candle close with red arrow Take Profit: Buy: Next candle close at higher - or more higher Sell: Next candle close at lower - or more lower Stop Lose: Buy: Next candle close at 2 lower Sell: Next candle close at 2 higher You can also use martingale to trade {image}
Afternoon Tai,
Good to see that you continue to seek the Holy Grail ,
Cheers,
Ronald
Ronnie Renko
  • #620
  • Dec 12, 2015 8:16am Dec 12, 2015 8:16am
could someone please provide the link for 1.5 please. Im using 1.7 and its not even opening trades.
1 trader viewing now