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Lets Automate a Simple Renko Strategy!

  • #2,041
  • Sep 18, 2016 3:52am Sep 18, 2016 3:52am
Hi, I am adding update on how EA's are doing

RenkoVdub with MA following is not up for long time and did only 3 trades in 9 days. Without MA it did 21 trades (starting August 30) and mathtrader's Renko EA did 19 trades.

I sometimes forgot to close trades over the weekend so that might mess up total profits, anyway 20 trades is too soon to make any conclusions, I will update you guys when it does atleast 100 trades... if is anyone interested tho
Attached Image (click to enlarge)
Click to Enlarge Name: RenkoEA.jpg Size: 70 KB
  • #2,042
  • Sep 20, 2016 9:50am Sep 20, 2016 9:50am
Help needed:
I am running my own EA on an offline m1 chart made of renko bars.
I used math7 EA to build these renko bars.

My strategy is Intra bar trading.

The main problem for me is Intra Bar on backtest, its tick by tick movements, before shaping 1 complete renko bar, does not represent real market.

For bulish bar, backtest tend to shape the renko bar as Open->Low->Open->Close,
while for bearish bar renko tend to shape the bar by Open->High->Open->Close.
Markets tick by tick movement are not that simple.
I cant find any solutions for this.
Its not about how many ticks on historical data, but its about replicating scenario of tick by tick movement.
I guess you have suggestions or solutions for this.

Please help me.
  • #2,043
  • Sep 25, 2016 12:51pm Sep 25, 2016 12:51pm
hey Sizzles

can you provide any updates from the renkovdub demo ?

thanks, blam


Quoting Sizzles
{quote} The tests I ran have been relatively 'broad-strokes' on H1. The only result I have that is uncontaminated and shows promise is based on the settings I already mentioned. After closing all trades before last weekend I let RenkoVDub do its thing across 28 charts this week with 0.01 Lot. Profit peaked at around $200 just before negative Euro news on Thursday morning 08:00GMT. The open trades recovered and another week in a row ended with 1000+ pips net generated. Maximum margin required this week on my 1:500 account was $82. Anyone else following...
  • #2,044
  • Sep 28, 2016 2:48pm Sep 28, 2016 2:48pm
Quoting blamshakk
hey Sizzles can you provide any updates from the renkovdub demo ? thanks, blam {quote}
Sure Blam, trading all pairs reversed last week with no intervention resulted in a break-even week.
Running like this seems to be most profitable when big news events occur, trades are opened near both VDub channel boundaries and extend outwards beyond them catching yummy profit.
I am now looking at developing a strategy to maximize profits running two terminals on the same account, one with all pairs reversed another with all pairs nonreversed and switching between them at different times during the week.
  • #2,045
  • Sep 28, 2016 5:22pm Sep 28, 2016 5:22pm
sounds good keep us posted!

Quoting Sizzles
{quote} Sure Blam, trading all pairs reversed last week with no intervention resulted in a break-even week. Running like this seems to be most profitable when big news events occur, trades are opened near both VDub channel boundaries and extend outwards beyond them catching yummy profit. I am now looking at developing a strategy to maximize profits running two terminals on the same account, one with all pairs reversed another with all pairs nonreversed and switching between them at different times during the week.
  • #2,046
  • Oct 5, 2016 2:16pm Oct 5, 2016 2:16pm
OK does anyone know the last changed rules for this strat?
Vucking good EA coder... https://t.ly/AZjRM
  • #2,047
  • Oct 5, 2016 3:59pm Oct 5, 2016 3:59pm
Quoting reteid2222
OK does anyone know the last changed rules for this strat?
If you're referring to the strategy I'm working on reteid2222, it's in the early stages of development. Watch this space.
  • #2,048
  • Oct 5, 2016 5:28pm Oct 5, 2016 5:28pm
Dear all,

do you run the EA on offline renko charts or normal charts ?
Pips Collector EA, No Martingale, No Grid
  • #2,049
  • Oct 6, 2016 12:57am Oct 6, 2016 12:57am
Quoting Sizzles
{quote} If you're referring to the strategy I'm working on reteid2222, it's in the early stages of development. Watch this space.
Thanx...will watch it :-)
Vucking good EA coder... https://t.ly/AZjRM
  • #2,050
  • Oct 7, 2016 2:32pm Oct 7, 2016 2:32pm
Anyone catch the action on the GBP this morning running my strategy?
Running RenkoVDub reversed on the Majors and Crosses with a 7000 digit TP and 0 SL would have grabbed you over 4000 pips inside an hour!
  • #2,051
  • Oct 11, 2016 11:34pm Oct 11, 2016 11:34pm
wow nice strategy renko based
onorebate
  • #2,052
  • Oct 12, 2016 2:10am Oct 12, 2016 2:10am
Quoting huatboyz
Dear all, do you run the EA on offline renko charts or normal charts ?
On offline chart
  • #2,053
  • Oct 21, 2016 10:15am Oct 21, 2016 10:15am
Any updates on this strategy? Last couple of days its not making any profits
  • #2,054
  • Oct 22, 2016 5:38am Oct 22, 2016 5:38am
Quoting vjjokhnr1
Any updates on this strategy? Last couple of days its not making any profits
Yes, it's become clear that trades opened need to be managed through time in order to secure profit.
This is outside the scope of RenkoVDub so I have commissioned an EA to handle this. I will post promising results when I have them.
  • #2,055
  • Oct 23, 2016 12:12pm Oct 23, 2016 12:12pm
Quoting Sizzles
{quote} Yes, it's become clear that trades opened need to be managed through time in order to secure profit. This is outside the scope of RenkoVDub so I have commissioned an EA to handle this. I will post promising results when I have them.
been late on the thread: did some one tinked about :

Daily renko +heiken ASHI to filter trend. then entry on small time frame with a 1/5 of normal entry so if entry is bad you can add every ATR/5 pip to average cost:


EURUSD DAILY ATR :100 pips
ie: long EURUSD 1.3020
then long EURUSD 1.3000

average cost 1.3010 you only need 10 pips up to break evean instead of 20pips.
you keep averaging 5 time until LONG entry rules on long daily timeframe remains true.
When long timeframe entry gets reversed to short : dont close the long but go short ... using the same rules because FX always retrace so you could later close your bad entry with luck. no STOP LOSS! =>hedging
  • #2,056
  • Oct 26, 2016 3:58am Oct 26, 2016 3:58am
Hello

I downloaded and tried to run a backtest on MathTrader7_RenkoEA. I got the message: "Couldnīt get the brick size!(Bars=1)"

I am using Renko charts (non-gap) generated by a commercial product.

How do I get this EA to run in backtest?

Thanks!
  • #2,057
  • Oct 31, 2016 6:55am Oct 31, 2016 6:55am
Quoting HarriFF
Hello I downloaded and tried to run a backtest on MathTrader7_RenkoEA. I got the message: "Couldnt get the brick size!(Bars=1)" I am using Renko charts (non-gap) generated by a commercial product. How do I get this EA to run in backtest? Thanks!
Its not that easy to backtest renko chart...search Youtube for help or renko backtest
  • #2,058
  • Oct 31, 2016 8:12am Oct 31, 2016 8:12am
Quoting mickael58
{quote} my indicator are: Renkolivechart v3.4, brik = 10 pips, EMA 10 close, xsupertrend candles, TDI indicator, xsupertrend MTF, CurrencyPowerMeter, #3 News Panel (Black), SupplyDemand {file} {file} {file} {file} {file} {file} {file}
Form page 94: OK....programming of this is like to tie the shoestrings :-)
What are the other indis for?
Tell me michael if you havent yet one!
Vucking good EA coder... https://t.ly/AZjRM
  • #2,059
  • Nov 1, 2016 9:11am Nov 1, 2016 9:11am
Quoting jenunisha786
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>>> {image} {image} {image} {image} {image}
Does anyone else trade this strat? Looks too good...maybe a heavy repaint indicator?
Vucking good EA coder... https://t.ly/AZjRM
  • #2,060
  • Nov 1, 2016 9:52am Nov 1, 2016 9:52am
Quoting reteid2222
{quote} Does anyone else trade this strat? Looks too good...maybe a heavy repaint indicator?
Yes, repaints! It's a problem if price brakes out, it's good in consolidations or with rangebound pairs. I don't think it makes sense to build an EA with these conditions.
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