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Lets Automate a Simple Renko Strategy!

  • #2,101
  • Nov 24, 2016 4:46pm Nov 24, 2016 4:46pm
Quoting fxguru2010
Thanks Guys, Really appreciate this. Doing LIVE Trades, so far made 6 trades and all winning trades, system as follows Looking For REVERSALS Draw Support / resistance trendlines Look for PIVOT Bounces AFTER above occurence on normal chart, go to OFFLINE M$ Look for break of trendline and 2nd BLOCK change in colour Entry above 13ema So far ALL winners, appreciate your help will test the Currency pairs later feel free to comment on above system It is manual, would love to have it automated {image}
hi is this still working for you and whats the best pairs.

Cheers Paul
  • #2,102
  • Nov 24, 2016 5:14pm Nov 24, 2016 5:14pm
Quoting denya
{quote} As i read before: 1.Low CPU use 2.Median renko effect. I test about 20 RenkoBuilder EAs. Please, try RenkoChartSuite_v1.ex4. Will you have to open the deal? {image} {image}
I tried the RenkoChartSuite_v1 builder, but the Renko offline chart does not update. Going back to the reliable EA_RenkoBuilder, I have had no trouble with it.

When I set the EMA200 to true in the RenkoVdub, the EA still places trades against the trend? Anyone else had this or am I misinterpreting the way EMA200 switch works?
Attached Image (click to enlarge)
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  • #2,103
  • Nov 25, 2016 1:35am Nov 25, 2016 1:35am
Quoting JustUncleL
{quote} I shall Try it out on some pairs to see if it makes a difference. By "Will you have to open the deal?" do you mean do I have to open a deal with the broker for DEMO account, the answer is no.
Oh .... difficult to understend you
Do you mean: RenkoVdub don't open any trade with RenkoChartSuite_v1. Yes?

I open DEMO for tests ...
Now start 4 diffrent RenkoBuilders to show WHICH is don't trade ....
Attached Image(s) (click to enlarge)
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  • #2,104
  • Edited 4:46am Nov 25, 2016 1:44am | Edited 4:46am
Hmmmm ... ALL 4 RenkoBuilders OPEN trade ...
Problem solved (I think problem in my real account was in terminal MT4 ...)

No! Only 2 RenkoBuilders OPEN new trade. Other 2 don't open ....

Add: Still NO trade M2 and M6
M3 and M4 reversed trade ... now sell
M3 give this error:
Attached Image(s) (click to enlarge)
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  • #2,105
  • Nov 25, 2016 6:49am Nov 25, 2016 6:49am
[quote=denya;9283351]{quote} Thanks. Do you use it for AUTOtrading with RenkoVdub.ex4 or MANUAL entry? Not fully understend you


Hi,

not, i am not using RenkoVdub, just TMA+CG; Just indicator.

and tried RenkoChartSuite_v1 and works well on M2 or M3.

Sorry for confusion.
mojepole
  • #2,106
  • Nov 25, 2016 10:29am Nov 25, 2016 10:29am
[quote=mojepole;9286949]
Quoting denya
{quote} Thanks. Do you use it for AUTOtrading with RenkoVdub.ex4 or MANUAL entry? Not fully understend you Hi, not, i am not using RenkoVdub, just TMA+CG; Just indicator. and tried RenkoChartSuite_v1 and works well on M2 or M3. Sorry for confusion. mojepole
Even though I'm testing with REnkoVdub EA the next week in DEMO, I too think it might be better to trade manually in an effort of avoiding the false patterns, let us know how the manual trades work for you.
  • #2,107
  • Nov 25, 2016 8:25pm Nov 25, 2016 8:25pm
Hi I have tested renkochartsuite and it seems that it has issues loading eas in general. This is the case with other eas too that I tried to attach to an offline chart generated by renkochartsuite. Sometimes it works sometimes it doesnt. It's quite unstable and not recommended to use with eas
  • #2,108
  • Nov 26, 2016 3:35am Nov 26, 2016 3:35am
Quoting JustUncleL
Even though I'm testing with REnkoVdub EA the next week in DEMO, I too think it might be better to trade manually in an effort of avoiding the false patterns, let us know how the manual trades work for you.
Just my curiosity - how do you recognise the false pattern?
  • #2,109
  • Nov 26, 2016 2:00pm Nov 26, 2016 2:00pm
Hi when trying ot test renkovdub I always get the error message "unmatched data error". Has anyone else experienced this? Does anyone know how can this be solved?Thanks a lot
  • #2,110
  • Nov 26, 2016 4:45pm Nov 26, 2016 4:45pm
Quoting Halley
{quote} Just my curiosity - how do you recognise the false pattern?
I meant things like trading when there is a choppy Renko chart. Some good trades seem to be missed and it still seems to be trading against the MA200 even though filter enabled. My initial test were only for a short period and maybe I did not build the Renko charts properly. I believe I have the builder sorted out, I'm now only using EA_RenkoBuilder, and have rebuilt all my charts. So I will run the EA longer to get a better assessment, I'm running a test next week 24/7 on 6 pairs to make a further assessment of the EA's potential.
  • #2,111
  • Nov 27, 2016 5:13am Nov 27, 2016 5:13am
If anyone could post me(->pm or here) a good structured ea template I ll build you the one you want...and test it out!
Attached Image (click to enlarge)
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Vucking good EA coder... https://t.ly/AZjRM
  • #2,112
  • Edited 8:51am Nov 27, 2016 8:32am | Edited 8:51am
Quoting reteid2222
If anyone could post me(->pm or here) a good structured ea template I ll build you the one you want...and test it out! {image}
I want PM you ...

When I finish the preparation of technical specifications, I'll let you know.

For All:
I tested several RenkoBuilders EA.
RenkoVdub.ex4 works ONLY with:
!MTH Renko Chart Builder Indi Ver 04.mq4
RK-ml-!MTH Renko Chart Builder Indi Ver 03-nf.mq4
EA_RenkoBuilder.ex4
evolution_renko_ea_v1_31.ex4 (with errors... not recomended)

I did not find the reason WHY others don't work.
Stay hungry to be free...
  • #2,113
  • Nov 27, 2016 1:33pm Nov 27, 2016 1:33pm
Denya are you sure that renkovdb does not work with renkolivechart v.600?
  • #2,114
  • Nov 27, 2016 1:52pm Nov 27, 2016 1:52pm
Quoting alevros
Denya are you sure that renkovdb does not work with renkolivechart v.600?
I don't test renkolivechart... sorry
Stay hungry to be free...
  • #2,115
  • Nov 27, 2016 6:50pm Nov 27, 2016 6:50pm
Coded 28 Pair Alert in the meanwhile..on the way 2 the ea...why not programm a 28 pair ea which works on 1 pair 4 all?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 103 KB
Vucking good EA coder... https://t.ly/AZjRM
  • #2,116
  • Nov 28, 2016 12:35pm Nov 28, 2016 12:35pm
By the way: The best way I calculated for Bands Deviations: 2.3! Just try it out!
Vucking good EA coder... https://t.ly/AZjRM
  • #2,117
  • Nov 28, 2016 1:24pm Nov 28, 2016 1:24pm
The problem with renkovdub is that it is not possible to adjust the bands deviation settings when needed as there is no option for doing this..
  • #2,118
  • Nov 28, 2016 1:47pm Nov 28, 2016 1:47pm
Just working like hardcore on the 28 pairs alerter and on wednesdays will programm ea!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 51 KB
Vucking good EA coder... https://t.ly/AZjRM
  • #2,119
  • Nov 28, 2016 2:21pm Nov 28, 2016 2:21pm
does anyone know if there is a similar indicator like vdub pivot channel for mt5?
  • #2,120
  • Edited 2:45pm Nov 28, 2016 2:28pm | Edited 2:45pm
Quoting reteid2222
By the way: The best way I calculated for Bands Deviations: 2.3! Just try it out!
Hello beauty ...
Yes, for now Bands Deviations=2.3- the best value.

Quote
The problem with renkovdub is that it is not possible to adjust the bands deviation settings when needed as there is no option for doing this..
I manualy set value as I want ... (open in metaeditor.exe *.mq4 file/set bands deviation as you want/save file)

Quote
Just working like hardcore on the 28 pairs alerter and on wednesdays will programm ea!
it is very good. I have structured technical task including work with 28 currency pairs. But in russian ....
You are on the right track. BUT!!!!
Before you go away, I will give you some advice. Take signal better with FL indicator, rather than TMA+CG or Vdub_Pivot_Channel...

Info in pic...

I'm trying to insert a signal in the FL indicator, but since I'm not a programmer - no success.
If you succeed - signals will be better.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-25_17-57-02.jpg Size: 133 KB
Attached Image
Attached File(s)
File Type: mq4 FL01.mq4   7 KB | 1,010 downloads
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