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Lets Automate a Simple Renko Strategy!

  • #1,781
  • Jul 14, 2016 9:58am Jul 14, 2016 9:58am
Hi sevan62!

Can you add this option to RenkoVdub EA?

When EA enter BUY, placed a SELL order 32 pip below the entry

When EA enter SELL, placed a BUY order 32 pip below the entry

I really need it...

Many thank!
  • #1,782
  • Edited 11:05am Jul 14, 2016 10:45am | Edited 11:05am
Quoting masterlee176
Hi sevan62! Can you add this option to RenkoVdub EA? When EA enter BUY, placed a SELL order 32 pip below the entry When EA enter SELL, placed a BUY order 32 pip below the entry I really need it... Many thank!
I will not continue further RenkoVdub EA development till i find source code of Vdub_Pivot_Point indicator to fix this issue.
And your idea looks strange for me. Seems that you are going to catch reversals but this EA is based on price reverse. So are you trying to catch reversals from reversals = trend continuation?
P.S. And it is anyway necessary not only to place these pending Stop orders but to cancel them on some condition/event in case they were not triggered.

Quoting andreedbert
{quote} Hi Alex, Thanks for your great work to code my idea. You really are a very kind person. I downloaded your EA now and do the forward test on demo account, after that will let you know. Many thanks. Andre
Thanks Andre for your idea, it seems to work. If EA continue similar performance after 100 closed demo deals it would be possible to think about switching it to live account. It is too good to be true, maybe future strong and long trend with frequent but short corrections would kill all this profit who knows.
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BR, alex
  • #1,783
  • Jul 14, 2016 11:22am Jul 14, 2016 11:22am
Hi sevan!

I see this http://www.wisestocktrader.com/indic...and-resistance

Can it convert to mq4?
  • #1,784
  • Jul 14, 2016 11:29am Jul 14, 2016 11:29am
Quoting sevan62
{quote} I will not continue further RenkoVdub EA development till i find source code of Vdub_Pivot_Point indicator to fix this issue. And your idea looks strange for me. Seems that you are going to catch reversals but this EA is based on price reverse. So are you trying to catch reversals from reversals = trend continuation? P.S. And it is anyway necessary not only to place these pending Stop orders but to cancel them on some condition/event in case they were...
Wow, great trade, and good DD. yeah i know it's sound to good to be true.
But who knows the EA will become the Holy Grail.
  • #1,785
  • Jul 14, 2016 11:42am Jul 14, 2016 11:42am
Quoting sevan62
{quote} Thank for your kind words GI, You may use this EA on any charts types (offline renko or regular TF) but the better rusults you have to expect from renko brick offline charts. BTW EA is going strong. {image} {image} RA14.zip - full html report {file}
Hi Sevan62,
Which Pair are you testing and do you have setting file too? I would like to run demo since my VPS is idle now

Regards
Laikos
  • #1,786
  • Jul 14, 2016 11:47am Jul 14, 2016 11:47am
Quoting masterlee176
Hi sevan! I see this http://www.wisestocktrader.com/indic...and-resistance Can it convert to mq4?
It looks different.
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BR, alex
  • #1,787
  • Jul 14, 2016 11:52am Jul 14, 2016 11:52am
Quoting laikos
{quote} Hi Sevan62, Which Pair are you testing and do you have setting file too? I would like to run demo since my VPS is idle now Regards Laikos
Hi laikos,
Dear friend, please try to scroll back some posts, i've repeated the answer to your above questions several times already.
BR, alex
  • #1,788
  • Jul 14, 2016 1:04pm Jul 14, 2016 1:04pm
Hi Alex,

Is it possible to make trailing stop by brick? thanks.
  • #1,789
  • Edited 1:22pm Jul 14, 2016 1:06pm | Edited 1:22pm
....
  • #1,790
  • Jul 14, 2016 1:07pm Jul 14, 2016 1:07pm
I am try ea not trade still now


how can do trade ?

help you

thank you

advance
Attached Image (click to enlarge)
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  • #1,791
  • Jul 14, 2016 1:19pm Jul 14, 2016 1:19pm
Hi alex -- im going to jump around here so hope this all helps..
-----------------------------------------------------------

1. Here is some code i found regarding the vdub(found here)
Attached File(s)
File Type: txt vdub.txt   4 KB | 653 downloads
..

2. the idea of a atr adjustable box size is a good one.. Have you implemented this yet? The idea of the ea self adjusting for current market conditions makes sense... A 10 pip box for eu is going to trade way different then a 10 pip box with GJ..


Guys the pairs and box size is one page back-- just look at the pic.. But here is the info youll be looking for

1. EU/UJ/GU/GJ/AUSCAN
2. Box size is 10 pips..
  • #1,792
  • Jul 14, 2016 1:26pm Jul 14, 2016 1:26pm
Quoting andreedbert
Hi Alex, Is it possible to make trailing stop by brick? thanks.
Here you go Andre. Simply open EA setting and look at them.
Attached Image
BR, alex
  • #1,793
  • Jul 14, 2016 1:30pm Jul 14, 2016 1:30pm
Quoting rkkgs
I am try ea not trade still now how can do trade ? help you thank you advance {image}

  1. Do your broker allow auto trading?
  2. Can any other EA place orders on the same account?
  3. Do you see any errors in expert log tab? Better if you show it here.
  4. Are all conditions for EA entry met? Your screenshot is useless here.

BR, alex
  • #1,794
  • Jul 14, 2016 1:32pm Jul 14, 2016 1:32pm
Quoting sevan62
{quote} Here you go Andre. Simply open EA setting and look at them. {image}
Wow great, you already make it to this EA. thanks Alex.
  • #1,795
  • Jul 14, 2016 1:37pm Jul 14, 2016 1:37pm
Quoting mtbb
Hi alex -- im going to jump around here so hope this all helps.. 1. Here is some code i found regarding the vdub(found here) {file}..
It is another channel, another approach. And foreign (not MQL4) code.

Quoting mtbb
2. the idea of a atr adjustable box size is a good one.. Have you implemented this yet? The idea of the ea self adjusting for current market conditions makes sense... A 10 pip box for eu is going to trade way different then a 10 pip box with GJ..
There is nothing to implement. You simply set appropriate input brick size parameter when starting offline renko char builder.
BR, alex
  • #1,796
  • Jul 14, 2016 2:18pm Jul 14, 2016 2:18pm
Do you have a atr to brick size calculation that you like to use best? (atr period x 2.5=x--- or something like that?)


I was thinking it would have been cool to have the brick size adjust automated each day at a certain time-- so totally dynamic to the market.. ..
  • #1,797
  • Jul 14, 2016 2:31pm Jul 14, 2016 2:31pm
Hi Alex, can you modify this EA for do martiangle if the previous Open Position hit Stop Loss?
Many thanks.
  • #1,798
  • Jul 14, 2016 2:31pm Jul 14, 2016 2:31pm
Hi, I have a question: when you open the chart for example of eurusd and you apply the renko ea to create a offline chart with renko bars, do you use 1m chart?
  • #1,799
  • Jul 14, 2016 2:38pm Jul 14, 2016 2:38pm
Quoting andreedbert
Hi Alex, can you modify this EA for do martiangle if the previous Open Position hit Stop Loss? Many thanks.
Please read my answers here and here about Martingale.
BR, alex
  • #1,800
  • Jul 14, 2016 2:46pm Jul 14, 2016 2:46pm
Quoting flamantes
Hi, I have a question: when you open the chart for example of eurusd and you apply the renko ea to create a offline chart with renko bars, do you use 1m chart?
Yes, Sir!
I can't describe renko offline chart creating procedure better than for example in post 1 or any other place you may find yourself.
BR, alex
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