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Hoved Renko Strategy

  • #21
  • Jan 2, 2016 12:26pm Jan 2, 2016 12:26pm
Quoting Shemski
Now that I've shown you some of the lackluster trades, I'llshow you someof the resonably nice ones: Pic1) Profit; 120 pips, 20 pips Pic 2) Profit; 50 pips, 40 pips, -10pips 5 trades, 4 winners, 230 pips up, 10 pips down. In this scenario, I would've made; 4%, 0.66%, 1.66%, 1.33% and loss .33% 7.33% over 10 trading days. Let me know if you have anymore questions buddy {image} {image}
I checked your charts, and they are missing many details. But, luckily some trades I checked would probably happen on live as well, though the chart looked a different way. But some trades would not happen this way, and sometimes you would miss them because of hard conditions, like the fast moving price during news (mind the time):
Attached Image

Attached Image
  • #22
  • Jan 2, 2016 12:32pm Jan 2, 2016 12:32pm
Quoting Halley
{quote} I checked your charts, and they are missing many details. But, luckily some trades I checked would probably happen on live as well, though the chart looked a different way. But some trades would not happen this way, and sometimes you would miss them because of hard conditions, like the fast moving price during news (mind the time): {image} {image}

Thanks, I expected that but am sure that the system could have some legs. I'll try to see if I can get an EA up with some backtest-numbers.
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #23
  • Jan 2, 2016 12:47pm Jan 2, 2016 12:47pm
To anyone. These indicators dont attach to the mt4 charts. Any suggestions?
Thanks
  • #24
  • Jan 2, 2016 7:51pm Jan 2, 2016 7:51pm
Here's the EA with TSI, ADX and 2 EMAs. Rules are as described by Shemski.

Please put the True Strength Index indi in your indicator folder.
Attached File(s)
File Type: ex4 Renko_adx_tsi.ex4   252 KB | 352 downloads
File Type: mq4 true_strength_index.mq4   3 KB | 400 downloads
  • #25
  • Jan 2, 2016 7:52pm Jan 2, 2016 7:52pm
Quoting Styngray
To anyone. These indicators dont attach to the mt4 charts. Any suggestions? Thanks
Which indicators do you mean?
  • #26
  • Edited 5:22am Jan 3, 2016 4:24am | Edited 5:22am
Quoting hovedguy
Here's the EA with TSI, ADX and 2 EMAs. Rules are as described by Shemski. Please put the True Strength Index indi in your indicator folder. {file} {file}
Hi hovedguy,

As you requested, here is a backtest of your EA on EURUSD 10 pips Renko chart with default settings (the backtest took about half an hour to complete),
Attached Image (click to enlarge)
Click to Enlarge Name: Renko_adx_tsi_BT.png Size: 45 KB
Trading is the hardest way to make easy money...
  • #27
  • Jan 3, 2016 11:38am Jan 3, 2016 11:38am
Quoting MathTrader7
{quote} Hi hovedguy, As you requested, here is a backtest of your EA on EURUSD 10 pips Renko chart with default settings (the backtest took about half an hour to complete), {image}
Thanks Mathtrader, didn't see that coming. Again, I use a similar strategie on a non-renko chart which works fine. I expected this to work out fine with Renko... Oh well, back to the lab!
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #28
  • Jan 4, 2016 10:47am Jan 4, 2016 10:47am
Quoting MathTrader7
{quote} Hi hovedguy, As you requested, here is a backtest of your EA on EURUSD 10 pips Renko chart with default settings (the backtest took about half an hour to complete), {image}
Thanks very much MathTrader !!
  • #29
  • Last Post: Jan 4, 2016 11:28am Jan 4, 2016 11:28am
Quoting hovedguy
{quote} Thanks very much MathTrader !!
You're welcome! :-)
Trading is the hardest way to make easy money...
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