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NonLagDot (NLD) EA is Here

  • #81
  • Feb 28, 2016 8:34am Feb 28, 2016 8:34am
Quoting tarwada
{quote} try it with renko chart (10pips box size)
Hi Tarwada. Great work by the way. I am interested in utilising this EA and would be tempted to try Renko charts as you have suggested. Do you know where I can get Renko EA from (I am assuming it is and EA) and is it possible to backtest with Renko charts?


Thanks for your time.
  • #82
  • Feb 28, 2016 8:48am Feb 28, 2016 8:48am
Quoting tarwada
new Update v2.5 i've added One Trade Per Color Change Trigger (False/True). this feature will allow only one trade per color change
Tarwada, thank you very much for implementing my suggestion; it's working as intended.

I've noticed that once loaded on a chart, the EA will immediately open a trade in the direction of the current dot. In other words, it's not waiting for a fresh move to start trading. Is there a way to eliminate this and make the EA wait for the next colour change, before opening the first trade?

Are you still planning to add the automatic SL above/below the entry candle?

Once again, many thanks for your outstanding work.
mind over matter
  • #83
  • Feb 28, 2016 9:17am Feb 28, 2016 9:17am
Quoting kosmo
{quote} Tarwada, thank you very much for implementing my suggestion; it's working as intended. I've noticed that once loaded on a chart, the EA will immediately open a trade in the direction of the current dot. In other words, it's not waiting for a fresh move to start trading. Is there a way to eliminate this and make the EA wait for the next colour change, before opening the first trade? Are you still...
the first bug can be fixed. but for the second suggestion. how can i put the stop loss on the entry how/low before it formation ?. do you mean that I should put the stop loss above/below the previous x candles high/low ?. i can do this. btw this can be helpful in renko charts. it's ok buddy , 1 for all , all for one
Think Twice , Code Once.
  • #84
  • Feb 28, 2016 10:10am Feb 28, 2016 10:10am
Quoting tarwada
{quote} the first bug can be fixed.
Looking forward to it, thanks!

Quoting tarwada
{quote} do you mean that I should put the stop loss above/below the previous x candles high/low ?. i can do this.
Sorry, my bad. Yes, I mean the first new colour candle, which is the one preceding the entry candle.
mind over matter
  • #85
  • Feb 28, 2016 6:36pm Feb 28, 2016 6:36pm
Any live test for this EA. Would be very appreciated if you can share your results here
  • #86
  • Feb 28, 2016 7:16pm Feb 28, 2016 7:16pm
I'm very new, please share me how to install Renko chart? and how to usu this EA on the Renko chart?
Sorry for bad english.
  • #87
  • Feb 28, 2016 9:31pm Feb 28, 2016 9:31pm
First of all, thank you, tarwada, for sharing your EA and for all of the blood, sweat, and tears that you have put into it.

After a fair amount of research into finding a free Renko bar generator EA for MT4 that actually works and puts the Renko bars onto the main chart window rather than the little indicator window at the bottom, I found one. The .mq4 file is attached. It's an EA, not an indicator, so copy it to your MT4's Experts folder, not its Indicators folder. Attach it to the M1 chart of whatever pair(s) you wish to trade. When you launch it, it will tell you to open the corresponding offline M2 chart(s). Attach the NonLagDot (NLD) v2.5 EA and the nld indicator to the M2 chart(s). Be sure that Auto Trading is turned on in all chart windows.

I am going to demo this on GBP/USD, as I believe this pair offers the best combination of liquidity and strong, trending moves.

Question:

The default Renko box size for the attached EA is 10. The default NonLagDot_Length parameter for your NonLagDot (NLD) v2.5 EA is 20. The default Length parameter for your nld indicator is 20. Should all three of these parameters be changed to match, with a value of either 10 or 20?

Thank you again, tarwada. Good work!
Attached File(s)
File Type: mq4 renkolivecharts_pimped_v4_13.mq4   20 KB | 656 downloads
  • #88
  • Feb 29, 2016 12:23am Feb 29, 2016 12:23am
The renko box size has nothing to do with the nld. So your numbers are right. Move on and and let us know your results, post a MFXB link.
  • #89
  • Feb 29, 2016 1:14am Feb 29, 2016 1:14am
Quoting DennisL
First of all, thank you, tarwada, for sharing your EA and for all of the blood, sweat, and tears that you have put into it. After a fair amount of research into finding a free Renko bar generator EA for MT4 that actually works and puts the Renko bars onto the main chart window rather than the little indicator window at the bottom, I found one. The .mq4 file is attached. It's an EA, not an indicator, so copy it to your MT4's Experts folder, not its Indicators folder. Attach it to the M1 chart of whatever pair(s) you wish to trade. When you launch...
Hi. Thanks for your input. I have setup the Renko charts using this EA as you have described. My settings for the NLD EA I have used are not producing any trades within the Renko chart. I have backtested using these settings on candlestick charts and got plenty of trades. Would you have any ideas on this issue please? Autotrading is set on all charts. My EA details in top right hand corner shows no Account Balance. I'm am not sure if this would only show when a trade is taken. I am using a demo account to test this EA.

Have you had any luck with it on GBPUSD?


Thanks for your time.
  • #90
  • Feb 29, 2016 1:35am Feb 29, 2016 1:35am
Quoting Fiddy
This is how I have the settings on a renko chart. It is not taking any trades. Any suggestions? {image}
here too...no trades NLD EA v2.5 on DAX with setting risk 0, lot size 1, sl/tp 200...
I never lose - either I win or I learn...
  • #91
  • Edited 2:22am Feb 29, 2016 2:09am | Edited 2:22am
Quoting jdva
{quote} here too...no trades NLD EA v2.5 on DAX with setting risk 0, lot size 1, sl/tp 200...
perhaps something to do with broker...got an expert message: VERBOSE---Broker stop difference: 0.00....!

must be another reason for failing, because get the same message on HFT EA... and that robot works perfectly...
I never lose - either I win or I learn...
  • #92
  • Feb 29, 2016 5:04am Feb 29, 2016 5:04am
Quoting jdva
{quote} here too...no trades NLD EA v2.5 on DAX with setting risk 0, lot size 1, sl/tp 200...
make sure the stop loss is 2000 not 200 , i had the same problem for US30. and make sure that you have enough money , all should work good
Think Twice , Code Once.
  • #93
  • Feb 29, 2016 5:58am Feb 29, 2016 5:58am
Quoting tarwada
{quote} make sure the stop loss is 2000 not 200 , i had the same problem for US30. and make sure that you have enough money , all should work good
Thanks for the info. Have changed the stop loss value to 2000 but still no luck. Demo account has 2K in it with a lot size of 0.1 so thought would be plenty enough. EA details on the chart do not pick up the account size as you can see from the screenshot below. Works fine on normal charts and backtest chart but not with Renko chart. Will keep hunting for a solution. Looks like there are a number of us suffering with the same issue.

Thanks for your time and efforts.
Attached Image (click to enlarge)
Click to Enlarge Name: Renko_EurUsd.png Size: 113 KB
  • #94
  • Feb 29, 2016 6:57am Feb 29, 2016 6:57am
Quoting tarwada
{quote} make sure the stop loss is 2000 not 200 , i had the same problem for US30. and make sure that you have enough money , all should work good
thanks my friend...but unfortunately it does not either work with SL setting 2000 on DAX Renko...
I never lose - either I win or I learn...
  • #95
  • Feb 29, 2016 7:05am Feb 29, 2016 7:05am
what is the error messages that comes from journal or expert ?. also Change the Renko EA you're using.
Think Twice , Code Once.
  • #96
  • Feb 29, 2016 7:15am Feb 29, 2016 7:15am
Quoting tarwada
what is the error messages that comes from journal or expert ?. also Change the Renko EA you're using.
no error messages, I'm using Renko EA from post #87...which one should I take?
I never lose - either I win or I learn...
  • #97
  • Feb 29, 2016 7:26am Feb 29, 2016 7:26am
still no op, expert tab "2016.02.29 01:53:07.488 NonLagDot (NLD) EA v2.5 GBPUSD,M2: ---VERBOSE--- 2016.02.29 01:53 Broker Stop Difference: 0.00"
  • #98
  • Feb 29, 2016 7:31am Feb 29, 2016 7:31am
Quoting Rizarma
still no op, expert tab "2016.02.29 01:53:07.488 NonLagDot (NLD) EA v2.5 GBPUSD,M2: ---VERBOSE--- 2016.02.29 01:53 Broker Stop Difference: 0.00"
are you using it on stocks or currencies ? if stocks , change it to currency (ie gbp/jpy)
Think Twice , Code Once.
  • #99
  • Feb 29, 2016 8:01am Feb 29, 2016 8:01am
Quoting tarwada
{quote} are you using it on stocks or currencies ? if stocks , change it to currency (ie gbp/jpy)
im using it on currencies, fyi im using micro account
  • #100
  • Feb 29, 2016 8:06am Feb 29, 2016 8:06am
Quoting jdva
{quote} no error messages, I'm using Renko EA from post #87...which one should I take?
OK...changing the Renko EA was the solution: http://www.forexfactory.com/showthread.php?t=535170

that one works...
I never lose - either I win or I learn...
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