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Renko Trading Discussion

  • #581
  • Jul 19, 2016 2:27pm Jul 19, 2016 2:27pm
Quoting Sergey22
{quote} Thanks a lot Math! I will test and report!
You're welcome! :-)
Waiting for your test report!
Trading is the hardest way to make easy money...
  • #582
  • Jul 29, 2016 1:04am Jul 29, 2016 1:04am
Hi Math!!

First of all, Thanks for the great work you have been doing, and thanks to everyone that has contributed to this thread.

I have a suggestion for EA.

Brick = 5pips
MA = SMA5, SMA10

Buy/Sell: At brick open above/Below both MAs. New buy at the open after every brick on same direction.
Stop: [For all orders] 6 pips + spread (I'd suggest 1.5)
Ideally we would have a trailing stop that moves 5 pips only at the open of a new brick of same direction, but maintain its 7.5(6+spread) range.
(instead of moving up at every tick). Hope it makes sense.
Edit: In other words, Every time the stop loss reaches 12.5 pips from tick, it moves 5 pips closer.

Exit: First opposite brick.


The idea is to lose little on choppy markets as you would lose on trades of 1 or 2 bricks, break even/small loss on 3, but the ones beyond that would exponentially increase profits.

Thanks again man.
  • #583
  • Jul 29, 2016 8:51pm Jul 29, 2016 8:51pm
Quoting MathTrader7
{quote} 2 Points (0.2 pips) Renko Charts!!?? And you expect that such Renko charts can be reconstructed precisely from M1 data!?
Do you mean that if i set a 0.2 pip renko with the indicator, what i see on the chart isnt real price action ? Im asking it cause english isnt my 1st language and because recently i ve been watching very small scale charts (0.5-1 pip) with your rail to rail indicator and i hope what im seeing is real price action and not some repainted price movement. I just want to understand it right. Thanks.
  • #584
  • Jul 29, 2016 10:29pm Jul 29, 2016 10:29pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_45.png Size: 55 KB
Only the price on the chart can show the entrance to the deal...
  • #585
  • Jul 31, 2016 9:10pm Jul 31, 2016 9:10pm
Quoting vvFish
{image}
Share inductors and template. Bricks setup plsThank you Advance
  • #586
  • Jul 31, 2016 10:35pm Jul 31, 2016 10:35pm
[quote = rkkgs; 9059857] {} цитаты доли катушки индуктивности и шаблон. Настройка Кирпичи plsThank вы Advance [/ цитата]
Attached File(s)
File Type: rar ###renkochase.rar   1,005 KB | 1,001 downloads
Only the price on the chart can show the entrance to the deal...
  • #587
  • Aug 1, 2016 10:08am Aug 1, 2016 10:08am
Quoting vvFish
[quote = rkkgs; 9059857] {} цитаты доли катушки индуктивности и шаблон. Настройка Кирпичи plsThank вы Advance [/ цитата] {file}
dear friend thank you lot
  • #588
  • Aug 1, 2016 12:17pm Aug 1, 2016 12:17pm
Quoting MathTrader7
{quote} {quote} {quote} Version 1.91 is experimental and currently under forward test. Let's see how it would work in reality.
Can you post this version 1.91 for testing please?
Let's see how it working in reality?
  • #589
  • Aug 1, 2016 4:02pm Aug 1, 2016 4:02pm
Quoting vvFish
[quote = rkkgs; 9059857] {} цитаты доли катушки индуктивности и шаблон. Настройка Кирпичи plsThank вы Advance [/ цитата] {file}
What is the brick size you used in the screenshot?
Let it turn and find your entry.
  • #590
  • Aug 2, 2016 12:19am Aug 2, 2016 12:19am
Quoting Intrepidpips
{quote} What is the brick size you used in the screenshot?
10
Only the price on the chart can show the entrance to the deal...
  • #591
  • Aug 2, 2016 1:39am Aug 2, 2016 1:39am
HELP Guys. I am NEW to RENKO and not used to all this OFFLINE charts, have loaded DAX with BOX size 50 ( meaning 5 pips) and so far working fine
But unable to load EURUSD as only getting 3 bars. see attached
what can i do?
Attached Image
  • #592
  • Aug 8, 2016 4:03pm Aug 8, 2016 4:03pm
Quoting MathTrader7
Here is a quick fix of the problem. It seems to work fine. I'm too busy to debug the EA at the moment. Hope it won't break again. {file}
Hi Mathtrader,
many thanks for your fabuleus job, i have the same problem and EA detaches from the chart after some seconds
waiting for your kind help.

Regards,
Hesam
  • #593
  • Aug 11, 2016 2:13am Aug 11, 2016 2:13am
Quoting damian78
it is unreal using Trailing {image}
Very impressive. Which EA? Real account? Forward test?
  • #594
  • Aug 11, 2016 11:18pm Aug 11, 2016 11:18pm
Hi MathTrader7

I have been trading the renko manually. I was searching for an EA to trade the renko as it becomes almost impossible to trade the renko manually when the news relase. I found that you have been trading the renko using EA. The thread is too long for me to read and pick up the EA system being traded by you all. can you suggest me the important posts that I should read and download the correct files for auto trading the renko? Or is it updated with latest files in post 1 of this thread?

Thanks.

Optimus
  • #595
  • Aug 18, 2016 1:23am Aug 18, 2016 1:23am
Hi MT7,

Thank you for all. Following for many months now. I am using your multichartcreator for renko and using some of your EA dedicated to renko.

If i may asking do you have a trendline break alert for renko . I am working daily on a strategy using it and i will share the results if they are convincing.

Thanks in advance MT7

Cheers
  • #596
  • Aug 19, 2016 2:17pm Aug 19, 2016 2:17pm
I share a ea I'm testing
Box 15 pip
Attached File(s)
File Type: ex4 13.ex4   11 KB | 605 downloads
  • #597
  • Aug 19, 2016 2:18pm Aug 19, 2016 2:18pm
Quoting damian78
I share a ea I'm testing Box 15 pip {file}
What is the trading strategy of this EA?
Trading is the hardest way to make easy money...
  • #598
  • Aug 19, 2016 2:33pm Aug 19, 2016 2:33pm
buy and sell stop placed in candle opening
  • #599
  • Aug 19, 2016 2:38pm Aug 19, 2016 2:38pm
Attached Image (click to enlarge)
Click to Enlarge Name: Sin título1.jpg Size: 968 KB
  • #600
  • Aug 19, 2016 5:58pm Aug 19, 2016 5:58pm
Quoting morningstarz
Mathstrader7, a random thought and my apology if this idea has surfaced previously, nevertheless to seek for yours and all others' suggestions. I have chanced upon the attached CCI candle indicator and attached to your non gap renko chart. I have attached a chart for your illustration; Added 21EMA high and low as the trend filter. CCI candles are colored in Blue (Bull) and Pink( Bear). If you think that its workable, I will appreciate your effort for an EA as follows: For buy trades: 1. Renko brick closed above 21EMA (High) 2.) Trigger Buy on 1st...
Your strategy looks simple and promising, what were your findings?
What are the CCI settings?
The CCI IMO lags intolerably, how about a Stochastic or MACD or RSI?
Let it turn and find your entry.
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