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Lets Automate a Simple Renko Strategy!

  • #2,161
  • Jan 5, 2017 3:37pm Jan 5, 2017 3:37pm
Quoting reteid2222
Happy New Year! I have the first version..... Have to know the exact indicators and buy/sell rules...then I ll code again and wil post here! I am now at the level after the last two weeks to code nearly 95% of any ea.... So I need your input please! Maurma: No screenshot is needed cause u put the ea onto your chart and get happy cause the numbers in your brokers account will grow! Greetings from Munich!

Hi, Look, this is the system I use.
I would like to create an EA just to avoid the emotional factor.

I use 3 indicators to enter,No repaints.
The last indicator is the mandatory one, and could generate an entry on every arrow following the trend. opposit arrow no trade.

The exit I do it manually do not have a rule to exit but It could be at
the stoch change color, It could be a bit fast sometimes, but goood profits anyway.

SL could be the last swing or have the option to set it manually, maybe 20 or 30 pips.

What do you think?
If you interested in tell me and upload the indicators.
Attached Image (click to enlarge)
Click to Enlarge Name: Maurma trading system.JPG Size: 253 KB
  • #2,162
  • Jan 5, 2017 6:49pm Jan 5, 2017 6:49pm
Quoting Fiddy
My suggestion would be its okay inside of the channel. However, I suggest filtering out if a bar closes above the midpoint of the channel. {image}
Should the ea take all these signals if 2 or 3 buy or sell signals come after each other as sequence?
Vucking good EA coder... https://t.ly/AZjRM
  • #2,163
  • Jan 5, 2017 6:54pm Jan 5, 2017 6:54pm
Quoting Maurma
{quote} Hi, Look, this is the system I use. I would like to create an EA just to avoid the emotional factor. I use 3 indicators to enter,No repaints. The last indicator is the mandatory one, and could generate an entry on every arrow following the trend. opposit arrow no trade. The exit I do it manually do not have a rule to exit but It could be at the stoch change color, It could be a bit fast sometimes, but goood profits anyway. SL could be the last swing or have the option to set it manually, maybe 20 or 30 pips. What do you think? If you interested...
Looks interesting...I would try 20 pips SL under last high/ low and a change color in stoch for tp!
Vucking good EA coder... https://t.ly/AZjRM
  • #2,164
  • Jan 5, 2017 10:56pm Jan 5, 2017 10:56pm
Quoting Maurma
{quote} Hi, Look, this is the system I use. I would like to create an EA just to avoid the emotional factor. I use 3 indicators to enter,No repaints. The last indicator is the mandatory one, and could generate an entry on every arrow following the trend. opposit arrow no trade. The exit I do it manually do not have a rule to exit but It could be at the stoch change color, It could be a bit fast sometimes, but goood profits anyway. SL could be the last swing or have the option to set it manually, maybe 20 or 30 pips. What do you think? If you interested...
yeah please upload the indicators my friend
  • #2,165
  • Jan 5, 2017 11:33pm Jan 5, 2017 11:33pm
Looks good.
  • #2,166
  • Jan 6, 2017 1:52am Jan 6, 2017 1:52am
Ok....here in this thread I ll do ONE idea after the other.
If U have wishes or strats...ask me private....
Otherwise the thread here will look like after a hurricane!

Rules
Buy: Channel Arrow shows up PREVIOUS candle, CCCloud is green
Sell: Channel Arrow shows dn PREVIOUS candle, CCClound is red

Settings EA(U can change):
BandsDeviantions=2.3;

Preview of Fiddys Signals as I understood:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 104 KB
Click to Enlarge Name: Screenshot2.png Size: 105 KB
Vucking good EA coder... https://t.ly/AZjRM
  • #2,167
  • Jan 6, 2017 4:11am Jan 6, 2017 4:11am
Guys, i have been observing this thread for sometime but just wanted to let you guys know ( if not already ) that bands arrows based on TMA repaints. so it looks good to go with arrows with simple MA crossover ( 100 vs 200 ) but in real-time arrows will repaint .

This is my observation so far but would be good to know from you guys if you have seen the same.

Keep working on it and i am looking forward to it.
  • #2,168
  • Jan 6, 2017 4:38am Jan 6, 2017 4:38am
Quoting sbc
Guys, i have been observing this thread for sometime but just wanted to let you guys know ( if not already ) that bands arrows based on TMA repaints. so it looks good to go with arrows with simple MA crossover ( 100 vs 200 ) but in real-time arrows will repaint . This is my observation so far but would be good to know from you guys if you have seen the same. Keep working on it and i am looking forward to it.
Ok....... I am out of here....cu in florida.....









Oh....."Guys"......I am not a guy...so I can stay....What a luck!
Attached Image
Vucking good EA coder... https://t.ly/AZjRM
  • #2,169
  • Jan 6, 2017 5:03am Jan 6, 2017 5:03am
Quoting reteid2222
{quote} Ok....... I am out of here....cu in florida..... Oh....."Guys"......I am not a guy...so I can stay....What a luck! {image}
you are funny !!!
  • #2,170
  • Jan 6, 2017 5:30am Jan 6, 2017 5:30am
The tma bands are indeed repainting but they can be substituted by the keltner channel using ma mode 3 (for lwma) and that atr multiplier as one wishes. The signals are more accurate especially those shown in past candles. Tma bands are not reliable for backtesting in the past and thus the signals shown now in the past were not actually there due to the repainting factor of the indicator.. I would propose a renko strategy similar to the one demonstrated in the thread but using the keltner channel as described above for triggering signals.. Reteid2222 are you interested?
  • #2,171
  • Jan 6, 2017 9:15am Jan 6, 2017 9:15am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 399 KB
Vucking good EA coder... https://t.ly/AZjRM
  • #2,172
  • Jan 6, 2017 9:16am Jan 6, 2017 9:16am
Quoting reteid2222
Only the channel is not a very successfull idee...if you have more...I ll code! Uses the indicator which has 2 be put in the indicator folder! {file} {file}

Thanks for the EA, its quite good. More options would be nice Such as TP, SL etc. And able to change EA comment when its buying/selling, right now its just hidden 99999
  • #2,173
  • Jan 6, 2017 9:34am Jan 6, 2017 9:34am
Ok....the hurricane is there! Please ONE wish after the OTHER! YLTS wait for the next ticket! FIRST THIS! SORRY!

Actual strat idea:Fiddy

Indis:
CCCloud: Default:
Keltner Channel: ?????????????(Alevro u have 2 tell!)

Rules
Buy: Keltner Channel when ?????????????(Alevro u have 2 tell!), CCCloud is green
Sell: Keltner Channel when ?????????????(Alevro u have 2 tell!) PREVIOUS candle, CCClound is red

Settings EA(U can change):
?????????????(Alevro u have 2 tell!)
Vucking good EA coder... https://t.ly/AZjRM
  • #2,174
  • Jan 6, 2017 10:37am Jan 6, 2017 10:37am
Quoting alevros
The tma bands are indeed repainting but they can be substituted by the keltner channel using ma mode 3 (for lwma) and that atr multiplier as one wishes. The signals are more accurate especially those shown in past candles. Tma bands are not reliable for backtesting in the past and thus the signals shown now in the past were not actually there due to the repainting factor of the indicator.. I would propose a renko strategy similar to the one demonstrated in the thread but using the keltner channel as described above for triggering signals.. Reteid2222...
While this may be a flaw with the TMA Bands. It doesnt mean that it can't give good entries and exits these things can be handled by modifying time frames or band deviation factor. Rather than just start switching things all up lets stick with this concept. I have been manually trading this strategy for some time and I am very aware of the limitations. What I am doing for now is getting the entries and exits done properly in the EA then we can add on some suggestions and money management strategies to handle what is good and bad about the indicator itself.

I think suggestions are great but lets stick with one concept first. Or start a new thread with your other suggestions. Otherwise we will end up like a hurricane as Reteid mentioned.
  • #2,175
  • Jan 6, 2017 12:14pm Jan 6, 2017 12:14pm
The rules are simple..These rules apply to renko candles but I guess it could work at normal candlesticks too.. Buy rules: Wait for the last bearish candle to close at the lower band of the keltner channel or below it and buy at the close of the first bullish candle that goes after it. TP at the middle line of the channel or when an opposite (sell) signal is triggered. SL at the last low swing.
Sell rules: The exact opposite.

The ea should have two filters that can be enabled/disabled. The first is the partial fill filter, according to which the whole position or half of it should close at the middle line of the channel. If this filter is enabled the half of the position will close at the middle line and the other half when an opposite signal is triggered. If it is disabled the whole position will close at the middle line. The second filter is a moving average. If this is enabled the ea will take only long signals if the signal is triggered above the predefined ma and only sell signals if the signal is triggered below the ma. If the filter is disabled all signals will be taken.
The ea should only take one position at a time, which means that it should not open a new position even if a new signal is triggered if the previous position has not been closed either by the tp or the sl. All the parameters of the indicators should be adjustable (keltner channel, ma filter). It would help if a predefined tp and/or sl could be added. Is it all clear my dear?
  • #2,176
  • Jan 6, 2017 12:20pm Jan 6, 2017 12:20pm
Quoting reteid2222
Ok....here in this thread I ll do ONE idea after the other. If U have wishes or strats...ask me private.... Otherwise the thread here will look like after a hurricane! Rules Buy: Channel Arrow shows up PREVIOUS candle, CCCloud is green Sell: Channel Arrow shows dn PREVIOUS candle, CCClound is red Settings EA(U can change): BandsDeviantions=2.3; Preview of Fiddys Signals as I understood: {image} {image}
Yes this is correct. There are plenty of things that can be added to the EA but I want to make sure the foundation is working properly. Then all the other ideas will be implemented. Primarily Money Management, Scaling, Loss Mitigation etc.
  • #2,177
  • Jan 6, 2017 3:49pm Jan 6, 2017 3:49pm
OK....to simply things and wishes...fiddy made the request so I will do the next version as he mentions the rules....after this...the next...like my doctor!
Vucking good EA coder... https://t.ly/AZjRM
  • #2,178
  • Jan 6, 2017 5:35pm Jan 6, 2017 5:35pm
Do the arrows in TMA + CG mladen repaint?
  • #2,179
  • Jan 6, 2017 6:12pm Jan 6, 2017 6:12pm
Quoting tradur
Do the arrows in TMA + CG mladen repaint?
I would say more accurately it not only repaints but back-paints as well. So when you look at a historical chart there will be arrows that were never there at the time. HOWEVER, that being said, it can still be built as an EA it will just have less signals than you see on a historical chart and some that you don't see due to the un-painting. I have studied and traded this chart and strategy manually for several months very profitably.

Please just be patient with this EA. I already know all the questions you are going to ask and I am going to help Reteid build it. It will need several versions of modifications that I have already thought of. I'm just trying to make sure its taking the proper entries and exits before going to the next phase.

We will build a money management tool into it that will make it work well as an EA. I already know exactly how it will be done but we will touch on that at the appropriate time. Thanks!
  • #2,180
  • Jan 7, 2017 3:51am Jan 7, 2017 3:51am
Hi, I did not read all of this thread but I am a big fan of using Renko Bars. I don't know if it's allowed but by far the best Renko creator I have ever seen is this https://ovo.cz/products/offline-char...t4/renko-bars/ It cost you $ 45 for a lifetime license and you don't have to do this... GoOffLine Charts and choose M2. And you can drag the indicator again to create a second or third chart with Renko's for other Boxsizes. It is very well programmed and it use not much CPU performance.
Keep it simple without too many crappy indicators!
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