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Lets Automate a Simple Renko Strategy!

  • #2,001
  • Aug 27, 2016 8:21am Aug 27, 2016 8:21am
Quoting Sizzles
{quote} The additional feature that I kindly request is simply this: A method to trade RenkoVDub buy signals only or, sell signals only. Could you include this please?
It cant be easier than this mate.
Attached Image
BR, alex
  • #2,002
  • Aug 27, 2016 8:39am Aug 27, 2016 8:39am
Quoting sevan62
{quote} It cant be easier than this mate. {image}
Yes!
  • #2,003
  • Aug 27, 2016 1:05pm Aug 27, 2016 1:05pm
Quoting TimeRider
Hi MathTrader7, first of all, thank you for your great work. But I have a little problem: I am using MT4 on a Mac, so I cant open an .ex4 file. So Im asking you if it would be possible if you could save and publish your EA as a mq4 file. Thanks for your help TimeRider
Quoting max pips
{quote} Same for me Are you selling it? If not does anyone know a good renko builder. Mine seems to change everytime I look at it!
Well, as they always say "better late than never"..

Why don't you fine traders rent a nice windows VPS?

If you are going to auto trade using any EA, then you will definitely need to leave the EA working the whole time to manage your trading! That is of course if the EA does a good job!

That way you will enjoy using the efforts of these fine Forex EA developers..

NOTE: This reply post is for MAC and apple traders who want to enjoy running ex4 auto trading.
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #2,004
  • Sep 1, 2016 6:35am Sep 1, 2016 6:35am
Quoting sevan62
{quote} Sorry for inconvenience buddy. Here is fixed version. {file}
Hi Sevan62,

Could you please explain to me or where can I read how difference between normal mode and reverse mode in Renko Vdub ?

Thanks.
  • #2,005
  • Sep 1, 2016 7:32am Sep 1, 2016 7:32am
Quoting Handycapzero
{quote} Hi Sevan62, Could you please explain to me or where can I read how difference between normal mode and reverse mode in Renko Vdub ? Thanks.
Hi Handycapzero,
In Reverse mode EA opens Sell when in Normal (usual) mode it opens Buy ans vise a versa.
So Sell instead of Buy and Buy instead of Sell.
BR, alex
  • #2,006
  • Sep 4, 2016 11:03am Sep 4, 2016 11:03am
I saw RenkoVdub generate $223 (+2281 pips) net profit last week running H1 on 29 pairs with 0.01 Lot.
Anyone else see similar performance?

Settings were default, other than no SL or TP was set and all trades were reversed.
  • #2,007
  • Sep 4, 2016 11:52am Sep 4, 2016 11:52am
Quoting Sizzles
I saw RenkoVdub generate $223 (+2281 pips) net profit last week running H1 on 29 pairs with 0.01 Lot. Anyone else see similar performance? Settings were default, other than no SL or TP was set and all trades were reversed.
you could send the set and the dell 'expert version?
  • #2,008
  • Sep 4, 2016 1:15pm Sep 4, 2016 1:15pm
sizzles were you trading that fully auto? was there any manual intervention eg settings certain pairs to long / short only?

Quoting Sizzles
I saw RenkoVdub generate $223 (+2281 pips) net profit last week running H1 on 29 pairs with 0.01 Lot. Anyone else see similar performance? Settings were default, other than no SL or TP was set and all trades were reversed.
  • #2,009
  • Sep 4, 2016 3:34pm Sep 4, 2016 3:34pm
Quoting Sizzles
I saw RenkoVdub generate $223 (+2281 pips) net profit last week running H1 on 29 pairs with 0.01 Lot.
Unbelievable!
What was the maximum drawdown?
BR, alex
  • #2,010
  • Sep 4, 2016 4:05pm Sep 4, 2016 4:05pm
a question from newbie:

just attach RenkoVdub EA on a renko chart, and done?
  • #2,011
  • Sep 4, 2016 4:19pm Sep 4, 2016 4:19pm
Quoting phil09
a question from newbie: just attach RenkoVdub EA on a renko chart, and done?
You need to have Vdub_Pivot_channel indicator in your MQL4\Indicators folder. You may download it here.
BR, alex
  • #2,012
  • Sep 4, 2016 4:59pm Sep 4, 2016 4:59pm
Quoting Sizzles
I saw RenkoVdub generate $223 (+2281 pips) net profit last week running H1 on 29 pairs with 0.01 Lot. Anyone else see similar performance? Settings were default, other than no SL or TP was set and all trades were reversed.
I'm just hearing about RenkoVdub for the first time.
"Running on H1"? Is that right?
  • #2,013
  • Sep 4, 2016 5:11pm Sep 4, 2016 5:11pm
Quoting sevan62
{quote} You need to have Vdub_Pivot_channel indicator in your MQL4\Indicators folder. You may download it here.
Hey sevan62... How about some source code?
I'll show you mine if you show me yours.
  • #2,014
  • Sep 4, 2016 5:14pm Sep 4, 2016 5:14pm
I was thinking about adding Pyramiding to a Renko EA. Basically, every time price moves in my direction by one Renko brick, add another position and move the stop up by one bar. Thoughts?
  • #2,015
  • Sep 4, 2016 5:35pm Sep 4, 2016 5:35pm
Quoting blamshakk
sizzles were you trading that fully auto? was there any manual intervention eg settings certain pairs to long / short only? {quote}
Yes mate it was fully auto. The only intervention was closing all the remaining open trades on Friday evening. It was one of 7 setups I prepared last weekend before start of trading.
  • #2,016
  • Sep 4, 2016 5:59pm Sep 4, 2016 5:59pm
Quoting sevan62
{quote} Unbelievable! What was the maximum drawdown?
$57

The stronger GBP had a lot to do with this result.
  • #2,017
  • Edited 6:35pm Sep 4, 2016 6:09pm | Edited 6:35pm
Quoting lspaziano
I was thinking about adding Pyramiding to a Renko EA. Basically, every time price moves in my direction by one Renko brick, add another position and move the stop up by one bar. Thoughts?
It can be done - in theory. You need an entry robot and a good trade manager.

This was a forward test I did a while back. 10 pip bricks, stop was two bricks and a pip back. Take half a profit at 6 pips.

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You need to be able to get the direction right as trading in a corrective wave eats up any profits that you make..
  • #2,018
  • Sep 4, 2016 6:49pm Sep 4, 2016 6:49pm
do you mean the stronger GBP had a lot to do with your overall successful result or that it was the cause of a lot of that $57 drawdown?

Quoting Sizzles
{quote} $57 The stronger GBP had a lot to do with this result.
  • #2,019
  • Sep 4, 2016 9:29pm Sep 4, 2016 9:29pm
Quoting blamshakk
do you mean the stronger GBP had a lot to do with your overall successful result or that it was the cause of a lot of that $57 drawdown? {quote}
The stronger GBP had a lot to do with the overall successful result.
  • #2,020
  • Sep 6, 2016 3:57am Sep 6, 2016 3:57am
AS FAR AS I SEEN, REnkoVdub.ex4 EA is working, but you need some modifications of the EA, as you can see below screenshots,

RULES:

FOR BUY:

ABOVE EMA
CHANNEL ARROW UP DISPLAY

CLOSE:
CLOSE AT AGAINST ARROW OF CHANNELS



FOR SELL:

VISE VERSA


NOTE: CLOSE ALL ORDER AT ABOVE IF CANDLE CLOSE ABOVE OR BELOW 200EMA



ADD FEATURES:

MAX ORDERS
TRAILING
SL-TP
STOP AT ATR



I HOPE YOU WILL HELP WITH US TO MAKE THIS EA..

THANK YOU>>>
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