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Renko Trading Discussion

  • #541
  • Jun 27, 2016 3:40pm Jun 27, 2016 3:40pm
Quoting matyke
{quote} Hello Mathtrader7, I tried ReNLD EA, but for my results are not happy. I've used higher lot sizes, but after 2 weeks I've lost around half of demo account. Most of loss was during Brexit night from thursday to friday. I didn't find in this thread how this EA exactly should work, so I cannot visually check on charts, but results was in final negative. Some day on one pair didn't open trade, on other quite a lot, even if there was some move movement on renko charts. As summary, from 15th it opened: 55 trades on DAX, 84 trades on EURUSD, 129...
Here is Version 1.04 in which you can select an option to reverse the trade signals.
Attached File(s)
File Type: ex4 MathTrader7_RenkoNLD_EA.ex4   125 KB | 529 downloads
Trading is the hardest way to make easy money...
  • #542
  • Jun 28, 2016 3:30pm Jun 28, 2016 3:30pm
Quoting MathTrader7
{quote} Here is Version 1.04 in which you can select an option to reverse the trade signals. {file}

Hello Mathtrader7,

new version works better, but reverse signals has one problem with closing orders. Open trades are closed only in case when trade is in profit by EA itself or by trailing stop.
But when trade get to loss, it's not closed, remain open to high losses and waiting till get back to profit zone and then close.

So for today I got nice higher balance with only profit closed trades but open trades wih 2 times higher opened loss
  • #543
  • Jun 28, 2016 3:57pm Jun 28, 2016 3:57pm
Quoting matyke
{quote} Hello Mathtrader7, new version works better, but reverse signals has one problem with closing orders. Open trades are closed only in case when trade is in profit by EA itself or by trailing stop. But when trade get to loss, it's not closed, remain open to high losses and waiting till get back to profit zone and then close. So for today I got nice higher balance with only profit closed trades but open trades wih 2 times higher opened loss
Hello matyke,
You are right! :-)

Here is Version 1.05 in which you can set stop loss for reverse mode so that it stops losing trades. By default stop loss value is zero which means no stop loss will be used.
Attached File(s)
File Type: ex4 MathTrader7_RenkoNLD_EA.ex4   126 KB | 597 downloads
Trading is the hardest way to make easy money...
  • #544
  • Jul 7, 2016 4:19pm Jul 7, 2016 4:19pm
[Quote = MathTrader7; 9005234] {quote} ¡Hola matyke, Tiene usted razón! :-) He aquí la versión 1.05 en la que se puede establecer la pérdida de parada para el modo inverso, de modo que se detenga la pérdida de oficios. Por valor de pérdida de parada por defecto es cero, lo que significa que no se utilizará ninguna pérdida de la parada. {Archivo} [/ quote]
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (2).png Size: 54 KB

Hello friend would add very good money management you have in other eas
  • #545
  • Jul 10, 2016 3:00pm Jul 10, 2016 3:00pm
Quoting MathTrader7
{quote} Here are the indicators attached. {file} {file}

Hi Math,

Is the Indicator repaint? thanks.
  • #546
  • Jul 11, 2016 12:57am Jul 11, 2016 12:57am
Quoting MathTrader7
{quote} Hello matyke, You are right! :-) Here is Version 1.05 in which you can set stop loss for reverse mode so that it stops losing trades. By default stop loss value is zero which means no stop loss will be used. {file}
Hello Mathtrader7,

reverse mode with stoploss setup works but I cannot find proper manual stoploss to be in profit finally. Reverse mode didn't work in same oposite way as regular mode.

If there will be system where NLD EA will work in normal direction with minimal 0,01 lot size only to get signals.
Then second EA which will track that trades and open/close new trades in reverse direction with lotsizes based on money management
  • #547
  • Jul 11, 2016 5:51am Jul 11, 2016 5:51am
Hi Math,

Need your help to make this EA based on my idea. (please see the attachment)
So the rule are:
1. OP sell:
1.1. When the opposite brick color already above the Bollinger Band (period 50)
1.2. When the Stochastic Osc > 80
OP Buy:
1.1. When the opposite brick color already below the Bollinger Band (period 50)
1.2. when the stochastic Osc < 20
2. TP --> once the brick touch the EMA 21 line
3. SL --> once the Opposite brick appear

Many thanks for your kind help.
Regards,
Andre
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Please Make this EA Renko.JPG Size: 103 KB
Click to Enlarge Name: Another view.JPG Size: 92 KB
  • #548
  • Jul 11, 2016 5:55am Jul 11, 2016 5:55am
Quoting cooldesak
Hello Mr Mathtrader7. Can u make this type of ea renko sir ??? iam use TTL indicator . please make open position with lot = (AccountBalance/endurance)/10 so i just fill form endurance to make compounding result ... thanks {image} {file}
Hi Cooldesak, is the indicator repaint? thanks.
  • #549
  • Jul 11, 2016 7:11am Jul 11, 2016 7:11am
Quoting lcoff
Here is another Renko EA to test. This one uses Smoothed Heiken Ashi. The test below is using 1% risk per trade. The source is included below. {file} {image} {file}
Hi Icoff,

the EA not open any trade??
  • #550
  • Jul 11, 2016 11:26am Jul 11, 2016 11:26am
Quoting andreedbert
Hi Math, Need your help to make this EA based on my idea. (please see the attachment) So the rule are: 1. OP sell: 1.1. When the opposite brick color already above the Bollinger Band (period 50) 1.2. When the Stochastic Osc > 80 OP Buy: 1.1. When the opposite brick color already below the Bollinger Band (period 50) 1.2. when the stochastic Osc < 20 2. TP --> once the brick touch the EMA 21 line 3. SL --> once the Opposite brick appear Many thanks for your kind help. Regards, Andre {image} {image}

Hi Math,

Please ignore my request. becuase i don't wan to make another confused.
Sorry.

thanks.
  • #551
  • Jul 11, 2016 7:26pm Jul 11, 2016 7:26pm
Quoting givik
{quote} Hello partner I think his strategy Bollinger bands is astonishing that has not been continuing to develop this strategy? It seems to be very effective to spare the lateral trades . a greeting
so far has not beat manual trading with stay in major trend, many strategies can be found here on FF
  • #552
  • Jul 12, 2016 3:59am Jul 12, 2016 3:59am
Quoting MathTrader7
{quote} Thanks! :-) I added your TE to this thread. Best, Math
Hi Math

After 1 Month Test of the Vdub ea i think in long term its not profitable.

Maybe we can test it again with 1 more filter for this profit killer situation like in the picture.

Attached Image (click to enlarge)
Click to Enlarge Name: 12.07.2016.PNG Size: 47 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 12.07.2016_1.PNG Size: 7 KB



Thanks
Regard Central4
  • #553
  • Jul 12, 2016 4:17am Jul 12, 2016 4:17am
Quoting Central4
{quote} Hi Math After 1 Month Test of the Vdub ea i think in long term its not profitable. Maybe we can test it again with 1 more filter for this profit killer situation like in the picture. {image} {image} Thanks
yes, these situations are really "the profit killer" of this system.

- take always the 2nd signal only (not the 1st one... and risk missing many profitable trades?)
- Martingale? (and kill the account even faster )
- look back the last x signals, when > 80% of that signals where long, only take the long side for entries
- ....

not easy to find a useful "filter"...
  • #554
  • Jul 12, 2016 8:46am Jul 12, 2016 8:46am
Quoting Jagg
{quote} yes, these situations are really "the profit killer" of this system. - take always the 2nd signal only (not the 1st one... and risk missing many profitable trades?) - Martingale? (and kill the account even faster ) - look back the last x signals, when > 80% of that signals where long, only take the long side for entries - .... not easy to find a useful "filter"...
Here is my approach. So far so good.
BR, alex
  • #555
  • Jul 13, 2016 1:59am Jul 13, 2016 1:59am
@sevan62 do you use a 10 pips renko bars in the example you posted above?
  • #556
  • Edited 2:53am Jul 13, 2016 2:17am | Edited 2:53am
Quoting morne72
@sevan62 do you use a 10 pips renko bars in the example you posted above?
Right morne72, standard 10 pips renko brick size. But please refer to the above linked thread with your questions in order not to clutter this MathTrader7 thread.
BR, alex
  • #557
  • Jul 13, 2016 4:00am Jul 13, 2016 4:00am
Hi every body
it seems about 2 mount that i am reading so many forums such as this one

i followed math Ea here and in other forums in FF
i see every body interested in renko like me are here

but i am realy tired and comfused
every method i tested not bad but not very good

it is so so
but i belive there is a way
i wish math release his Ea codes
maybe maybe we cad found some ways to win

i think just think
we must use Grid Hedge for our fail positions

if we could manage fail positions maybe the profit factor increase
most of indicators re draw and in fact we can not use them

we can just use oscillators and MA and every indis work like this but every one of them work like others
there is no more points in some of them

  • #558
  • Jul 15, 2016 6:31am Jul 15, 2016 6:31am
Quoting Central4
{quote} Hi Math After 1 Month Test of the Vdub ea i think in long term its not profitable. Maybe we can test it again with 1 more filter for this profit killer situation like in the picture. {image} {image} Thanks
Hi Central4,

The big question is how to effectively filter out such profit-killer signals?

I'll think about some filters to add to the EA.

Best,
Math
Trading is the hardest way to make easy money...
  • #559
  • Jul 16, 2016 8:05pm Jul 16, 2016 8:05pm
Quoting MathTrader7
{quote} Hi Central4, The big question is how to effectively filter out such profit-killer signals? I'll think about some filters to add to the EA. Best, Math
Hi Math!

As an idea to use ADX slope filter. Ignore signals until the line is red/green (take signal when line is white - strong trend finish) and then keep position until line is red/green (until new trend finsh). And maybe close 2/3 position when price cross middle chanel line (or SL = profit)

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM44.png Size: 50 KB

Attached Image (click to enlarge)
Click to Enlarge Name: US500M22.png Size: 50 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM22.png Size: 57 KB

Attached File(s)
File Type: ex4 adx_TOMTOM.ex4   8 KB | 531 downloads

Attached File(s)
File Type: ex4 TMA+CG.ex4   24 KB | 525 downloads
  • #560
  • Jul 17, 2016 12:06am Jul 17, 2016 12:06am
Hi math and sevan

Is there any indicator that would just count the number of bars(user definable number of bars to count) in consolidated groups in a renko chart and just display them on the chart AND in a dash board showing total number of consolidated groups, the number of bars in each consolidation, and value of each consolidation in worth of pips, like if there are 4 bear bars and 3 bull bars, each bar worth 20 pips, the group pip count would be displayed as bull bars = 60 pips, bear bars = 80 pips, total pips in group = 140 pips( sorry couldn't draw the dash board, i suck at putting my thoughts in a drawing)

Like in the attached chart, this is a sceenshot of mathtrader's rail to rail renko builder


Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Untitledxc.png Size: 26 KB
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