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NonLagDot (NLD) EA is Here

  • #121
  • Mar 2, 2016 2:23am Mar 2, 2016 2:23am
Quoting jaoms
{quote} white curved lines {image}
TMA Bands, but caution they do repaint...

Hi tawarda,

everything is running this morning nicely...sorry my mistake, forgot to change magic numbers...shame on me...

Happy trading...

jdva
I never lose - either I win or I learn...
  • #122
  • Edited 5:53am Mar 2, 2016 4:32am | Edited 5:53am
Hi tarwada,

currently, I'm trading the Renko DAX semi-automaticly regarding the exits. it works well..so far, about 60 points this morning.
The problem are the ranging periods with small losses. I find out that after several false signals most of the time the trending periods resume.
Thus, I would like to have a possibility to increase the lot size after x false signals, meaning to take more than "One (x) Trade by x Color Changes".
It would be nice if you are able to code such a feature...

Happy tradind thanks in advance...

jdva

PS: please allow one more question: How to change the lot size, even deleting and inserting EA again with new lot size doesnt work.
I never lose - either I win or I learn...
  • #123
  • Mar 2, 2016 8:15am Mar 2, 2016 8:15am
Quoting jdva
Hi tarwada, currently, I'm trading the Renko DAX semi-automaticly regarding the exits. it works well..so far, about 60 points this morning. The problem are the ranging periods with small losses. I find out that after several false signals most of the time the trending periods resume. Thus, I would like to have a possibility to increase the lot size after x false signals, meaning to take more than "One (x) Trade by x Color Changes". It would be nice if you are able to code such a feature... Happy tradind thanks in advance... jdva PS: please allow...
Hi all. Just a few observations really.

I am testing this EA also on GBPJPY and EURUSD as forex is more my thing. I am finding, at present, that my wins are being overrun by the number of small losses that I am getting. I appreciate that this can happen during 'flat' periods. My SL is set to 20pips, and I am exiting on dot colour reversal. My average win is around 30 pips as the small pullbacks that exist during a trend, tend to generate a dot colour change. My thoughts were to increase the Renko box size to hopefully reduce the number of colour changes. This I have done from 10 to 15 and yes it does reduce the number of colour changes, but I am still getting stopped out of a trade even though the dot colour remains in my favour. I am therefore assuming that the exit is based on price as opposed to the actual colour change of the dot. I have attached a couple of screenshots below to demonstrate the difference when using a change in Renko box size (first shot is Box10 and the second Box15). I will continue with this experiment to see if the issue can be overcome with use of the EA settings, both NLD and/or Renko.

Any comments welcome.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYSBM2_Box10.png Size: 39 KB
Click to Enlarge Name: GBPJPYSBM2_Box15.png Size: 36 KB
  • #124
  • Mar 2, 2016 9:37am Mar 2, 2016 9:37am
Attached Image (click to enlarge)
Click to Enlarge Name: de30cash-m2-jfd-brokers-ltd-2.png Size: 44 KB


FYI... in the blue area there were 6 times colour changes, because of it I lost a big part of my morning wins...I dont know whether it is possible to avoid such areas by coding/settings and/or filtering...

Any ideas?

jdva
I never lose - either I win or I learn...
  • #125
  • Mar 2, 2016 10:10am Mar 2, 2016 10:10am
Attached Image (click to enlarge)
Click to Enlarge Name: de30cash-m2-jfd-brokers-ltd.png Size: 53 KB


but nevertheless...could recover a bit again... thx to tarwada
I never lose - either I win or I learn...
  • #126
  • Edited 4:54pm Mar 2, 2016 1:40pm | Edited 4:54pm
Quoting jdva
{image} but nevertheless...could recover a bit again... thx to tarwada
haha , i took the same losses and then i was a like (man , renko never went sideway before. trust the ea and let it run). i feel proud that i took that long trend by 1.0 lot. btw ,have you found any bug woth 2.5 ?. is everything good ? (btw add some Break Even to get rid of those losses)
Think Twice , Code Once.
  • #127
  • Mar 2, 2016 3:16pm Mar 2, 2016 3:16pm
What are the best parameters you guys are running this EA on ,the most profitable with the least drawdown. Could you please provide a screenshot

Would appreciate.
  • #128
  • Edited 4:31am Mar 3, 2016 3:01am | Edited 4:31am
Quoting tarwada
{quote} haha , i took the same losses and then i was a like (man , renko never went sideway before. trust the ea and let it run). i feel proud that i took that long trend by 1.0 lot. btw ,have you found any bug woth 2.5 ?. is everything good ? (btw add some Break Even to get rid of those losses)
Hi tawarda,

I dont know whether that is a bug or just false settings. As already said in post #122 I cannot change lot size with settings "risk 0, one trade per colour change: true" no matter whether on indizes or currencies.
Moreover when PC got shut down overnight and started up the next morning...Renko charts are gone (got instead H1 Candle chart) and I had to install them again. No big problem but not normal.
Otherwise EA works well... opens and closes trades as it is designed for. Ranging periods are difficult but that is the problem with all systems.
What do you think about an option to close existing trades at the first colour change and opens new ones only on the second consecutive colour dot change?
That should minimize losses in ranging areas... of course also minimize profits in trending periods but you always take part of it!

Happy trading...

jdva
I never lose - either I win or I learn...
  • #129
  • Mar 3, 2016 3:15am Mar 3, 2016 3:15am
Quoting shabman1
{quote} Hi all. Just a few observations really. I am testing this EA also on GBPJPY and EURUSD as forex is more my thing. I am finding, at present, that my wins are being overrun by the number of small losses that I am getting. I appreciate that this can happen during 'flat' periods. My SL is set to 20pips, and I am exiting on dot colour reversal. My average win is around 30 pips as the small pullbacks that exist during a trend, tend to generate a dot colour change. My thoughts were to increase the Renko box size to hopefully reduce the number of...
Hi,
try to change the NlD number from 20 to 55 or higher. You will get longer trends and little pullbacks will not change the colour. But you will have some situations too which the colour will change every candle. Maybe it helps.
  • #130
  • Mar 3, 2016 6:41am Mar 3, 2016 6:41am
Dear all,

First I would like to thanks Tarwada for sharing his work.

What are the settings you're using for this EA?
I'm not successful while using 10 renko, 20 NLD, and exit on reversal.

Eulbaerbaum, NLD changed to 55 will cut of most of the profit even from a quite good trade, that's what I noticed. Correct me if I'm wrong.
Please share your settings and results.
Do you find exiting on reversal better then SL/TP with trailing on?

I failed with exiting on reversal, now I'll test using ST, TP, BE and TS. I hope this will improve the overall results.
Will come back to you with the results and the settings if I find reasonable one.

Thanks in advance for sharing your settings and I'm sorry for my english.
Cooker
  • #131
  • Mar 3, 2016 9:33am Mar 3, 2016 9:33am
Quoting cookerx
Dear all, First I would like to thanks Tarwada for sharing his work. What are the settings you're using for this EA? I'm not successful while using 10 renko, 20 NLD, and exit on reversal. Eulbaerbaum, NLD changed to 55 will cut of most of the profit even from a quite good trade, that's what I noticed. Correct me if I'm wrong. Please share your settings and results. Do you find exiting on reversal better then SL/TP with trailing on? I failed with exiting on reversal, now I'll test using ST, TP, BE and TS. I hope this will improve the overall results....
Here are my settings from one back test... im testing only the Ger30 because its my main trading chart.
This is the result with following settings: Ger30 Renko 10 PIps/Bar Time is from 1. Jan to 3. March
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 27 KB


and this is the result:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB


This settings with the nld lengh of 55 are still good too. with longer nld you cant get perfect entry and exit of a trend. But you can catch the longer trends with will bring the profit. But remember these are all backtest! My experience i have made, some trades get a wrong entry and exit at the renko bar backtest. So it can be the result will change on a live demo test.

if anyone can tell me how i can made a result report, i can post better and mor clear results.
  • #132
  • Mar 4, 2016 8:18am Mar 4, 2016 8:18am
Quoting tarwada
{quote} haha , i took the same losses and then i was a like (man , renko never went sideway before. trust the ea and let it run). i feel proud that i took that long trend by 1.0 lot. btw ,have you found any bug woth 2.5 ?. is everything good ? (btw add some Break Even to get rid of those losses)
Hey tarwada, great work on this ea! What renko bar generator do use and how are you setting it up and attaching the ea ....I'm using maths renko gapless with dll enabled and a few different renko ea's and haven't gotten one trade placed over 24 house but no errors.Thanks in advance Joe
  • #133
  • Mar 4, 2016 11:53am Mar 4, 2016 11:53am
Nice Ea

May i suggest a little change . I would like to have added the following Rule :
Long only if open and close is above dot
Short only if open and close is below dot
  • #134
  • Mar 4, 2016 12:13pm Mar 4, 2016 12:13pm
Quoting Eulbaerbaum
{quote} Here are my settings from one back test... im testing only the Ger30 because its my main trading chart. This is the result with following settings: Ger30 Renko 10 PIps/Bar Time is from 1. Jan to 3. March {image} and this is the result: {image} This settings with the nld lengh of 55 are still good too. with longer nld you cant get perfect entry and exit of a trend. But you can catch the longer trends with will bring the profit. But remember these are all backtest! My experience i have made, some trades get a wrong entry and exit at the renko...
Hi. Can you explain how you are back testing with Renko bars please? I would so like to get that going so that I can do some real testing of this EA.

I think there is a tab at the bottom of the strategy tester that will give you a report of the trades in the backtest.
Thanks for you time.
  • #135
  • Mar 4, 2016 2:30pm Mar 4, 2016 2:30pm
i have found a tutorial on youtube how to back test renko chars. iīm not allowed to link the page, but maybe you will found it. But i have made the experience, that the backtest on renko char it isnīt easy. The results are loking amazing, but they are not real because we have only a tick quality from 25% and the trades will open/Close at unreal positions. So the results are different to reality. i have searched another way to get a 99% tick quality backtest for renko. But in my opinion it is very difficult so i have to search another way.
  • #136
  • Mar 4, 2016 4:33pm Mar 4, 2016 4:33pm
Hi,

Testing the NLD EA in strategy tester shows the following errors:

Inserted Code
2016.03.05 00:12:35    2015.01.08 00:42  NonLagDot (NLD) EA v2.5 GBPJPY,Daily: ---VERBOSE--- 2015.01.08 00:42 Opening order with MagicNumber: 2, type: Sell, price: 180.281, lots: 0.1, comment:  ----------------
2016.03.05 00:12:35    2015.01.08 00:42  NonLagDot (NLD) EA v2.5 GBPJPY,Daily: ---VERBOSE--- 2015.01.08 00:42 Current Ask: 180.408, Bid: 180.281
2016.03.05 00:12:35    2015.01.08 00:42  NonLagDot (NLD) EA v2.5 GBPJPY,Daily: ---VERBOSE--- 2015.01.08 00:42 Order with magic number: 2 already exists, cannot open another one!
2016.03.05 00:12:35    2015.01.08 00:42  NonLagDot (NLD) EA v2.5 GBPJPY,Daily: ---VERBOSE--- 2015.01.08 00:42 ----------------------------------
2016.03.05 00:12:36    2015.01.09 00:00  NonLagDot (NLD) EA v2.5 GBPJPY,Daily: ---VERBOSE--- 2015.01.09 00:00 Closing order with Magic Number: 1 ----------------
2016.03.05 00:12:36    2015.01.09 00:00  NonLagDot (NLD) EA v2.5 GBPJPY,Daily: ---VERBOSE--- 2015.01.09 00:00 Order cannot be found

I'm trying to test entry/exit on colour change. Here are my settings.

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 24 KB




Thanks.
  • #137
  • Edited 12:20pm Mar 6, 2016 11:57am | Edited 12:20pm
.
  • #138
  • Mar 6, 2016 9:29pm Mar 6, 2016 9:29pm
I have been using a Non-Lag Indicator EA in conjunction with renko for a bit, before this thread at least. I have been finding success with it, however it has nothing to do with fine tuning the EA necessarily but making judgments on my side. I find that semi-automated systems work the best, meaning that factors such as when to trade, what pairs to trade, what direction to trade, etc, should be made by the human, but the actual execution is better off in the hands of a robot.

The biggest downside to renko is that it takes many trades during ranging periods. One modification I have taken with regards to the EA is only take trades once two dots of opposite color have closed, this limits small losses during ranging periods.

Other suggestions that have worked for me:

-Try using different brick sizes, perhaps 5% of the ADR I find allows you to eliminate most range, and also get in early on trends.

-What has helped me the most is to not ignore fundamentals when setting up the EA. I scan all of my selected pairs and see which one is most likely to move. If it is stuck in between two areas of strong support and resistance, I won't put the EA on that pair because it is likely to range. If the pair has S/R or Pivot points that are far away from each other, I will run the EA on that pair because that means price will generally move substantially until one of those levels are reached. Just simple things to try and avoid the chop.

-Being aware of the upcoming news also helps eliminate chop. Sometimes the market won't pick a side until news is released so be careful with that. Running renko 2 or 3 days when there isn't big news can make a lot of $$$.

-The last indicator I use it in conjunction with is stochastic. If the one hour stoch is pointing up from oversold, or vice versa, I will select the option to make the EA take either ONLY LONGS OR ONLY SHORTS. This way it does not buy/sell on the retrace, which is where the small losses are accumulated.

Renko is perfect for this indicator/EA in my opinion because it moves with price instead of 15 min / 30 min candles where the trade might be taken after the move is over.
  • #139
  • Mar 6, 2016 11:45pm Mar 6, 2016 11:45pm
Quoting rnsfrd
I have been using a Non-Lag Indicator EA in conjunction with renko for a bit, before this thread at least. I have been finding success with it, however it has nothing to do with fine tuning the EA necessarily but making judgments on my side. I find that semi-automated systems work the best, meaning that factors such as when to trade, what pairs to trade, what direction to trade, etc, should be made by the human, but the actual execution is better off in the hands of a robot. The biggest downside to renko is that it takes many trades during ranging...
Interesting...like it...i will try 5% ADR and see how it goes...at the moment i like 20 pips renko size and BE eliminating most of the losses...

thanks
  • #140
  • Mar 7, 2016 3:35am Mar 7, 2016 3:35am
tarwada, please check your PMs, i sent you a msg..!
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