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Easy Renko Strategy (ERS) 2.0

  • #1
  • First Post: Edited Jan 17, 2017 2:29am Jan 16, 2017 5:13pm | Edited Jan 17, 2017 2:29am
Hi! This is the "better version" of the thread "Easy Renko System (ERS) what I've made! Check it out!

I've stubled upon something what I would like to show you guys! We need to backtest it and if it's possible someone need to make an EA for us to make HUGE PROFITS!!! with it!

I was using renko chart and "hesron" attached an image where I saw that he was using renko channels. I've asked him to upload his indi, but he did something better, he shared a link from another thread where I saw another indi what I found usefull BIGTIME!

I will upload the indicators and you shoud see for your own eyes!...if omeone could backtest it it wold be great, but I think I will go with this setup!...I just nned someone to make a good working robot so all of us could get rich!

Renko chart: 1brick=10pips (for me 1%)
SELL:
IF all of the Symphonie inidcators are RED
TP if one of the indicators color change!

BUY:
IF all of the Symophonie indicators are BLUE
TP if one of the indicators color change!

You only get in when the colors are the same!!!!

So, what do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 92 KB
Attached File(s)
File Type: ex4 MathTrader7_RenkoChartCreatorEA.ex4   117 KB | 901 downloads
File Type: mq4 Symphonie SentimentEmotion Combi Indikator v1.0.mq4   6 KB | 1,151 downloads
File Type: mq4 Symphonie_Market_Emotion_Indikator.mq4   3 KB | 1,129 downloads
File Type: mq4 Symphonie_Sentiment_Indikator.mq4   4 KB | 1,102 downloads
  • #2
  • Jan 16, 2017 6:20pm Jan 16, 2017 6:20pm
interesting,
are you sure none of the indi repaint?
  • #3
  • Jan 16, 2017 7:22pm Jan 16, 2017 7:22pm
possible to share this link from "herson"?

EDIT: Found the link, wasn't that difficult .
http://forexwot.com/highly-profitabl...ng-system.html
http://www.forexfactory.com/showthread.php?t=620746
  • #4
  • Jan 16, 2017 9:25pm Jan 16, 2017 9:25pm
Quoting zsolti84
Hi! This is the "better version" of the thread "Easy Renko System (ERS) what I've made! Check it out! I've stubled upon something what I would like to show you guys! We need to backtest it and if it's possible someone need to make an EA for us to make HUGE PROFITS!!! with it! I was using renko chart and "herson" attached an image where I saw that he was using renko channels. I've asked him to upload his indi, but he did something better, he shared a link from another thread where I saw another indi what I found usefull BIGTIME! I will upload...
So you discovered it just yesterday, and you already drop your previous thread. Have you at least eyeballed it, made sure the indicators dont repaint ?
  • #5
  • Jan 17, 2017 1:05am Jan 17, 2017 1:05am
Quoting metta87
{quote} So you discovered it just yesterday, and you already drop your previous thread. Have you at least eyeballed it, made sure the indicators dont repaint ?
I dropped my previous thread because I found something more interesting! It doesn't mean that the other threds idea isn't profitable, simply this is something what WE need to look closer!
  • #6
  • Jan 17, 2017 1:07am Jan 17, 2017 1:07am
Quoting dnabrasil
interesting, are you sure none of the indi repaint?
I don't know if it is repainting, WE need to backtest it first to find out! But I think it's worth to take a closer look at it! Don't you think?
  • #7
  • Jan 17, 2017 1:54am Jan 17, 2017 1:54am
Thanks to share. Subscription
  • #8
  • Jan 17, 2017 2:04am Jan 17, 2017 2:04am
Quoting zsolti84
{quote} I don't know if it is repainting, WE need to backtest it first to find out! But I think it's worth to take a closer look at it! Don't you think?
u can't backtest to find repaints or not , u need test with live market and monitor , then only u can know.
  • #9
  • Jan 17, 2017 2:15am Jan 17, 2017 2:15am
All indicators repainting
  • #10
  • Jan 17, 2017 2:25am Jan 17, 2017 2:25am
Quoting jafp
All indicators repainting
Time for ERS 3.0!
  • #11
  • Jan 17, 2017 2:34am Jan 17, 2017 2:34am
Quoting manixramz
{quote} u can't backtest to find repaints or not , u need test with live market and monitor , then only u can know.
Yes I'm trading with a live account, and what I could find abot this indicator is that it only repaints th last bar (you have to wait until the bar closes and then make your move), and if you change timframe or refresh mt4. Thats what the others said about this indicator! Anyway I am hoping that someone will make a nice robot for this strategy and we all can have a bit more time to have fun and not to worry about little things!
  • #12
  • Jan 17, 2017 2:37am Jan 17, 2017 2:37am
Quoting Anusragger
{quote} Time for ERS 3.0!
if you can't make this thread better with your comments, then pls move on and insult maybe others! thx
  • #13
  • Jan 17, 2017 3:11am Jan 17, 2017 3:11am
Quoting zsolti84
{quote} if you can't make this thread better with your comments, then pls move on and insult maybe others! thx
I did make this thread better with my comment and it was not an insult. I'm insulted that you think I insulted you.
  • #14
  • Jan 17, 2017 4:58am Jan 17, 2017 4:58am
Hi,
What is "M2" tf?
This time frame is not standart!
  • #15
  • Jan 17, 2017 5:09am Jan 17, 2017 5:09am
The indicators repaint, you don't need the live market to see it, look at the image. Ignores movement that goes against the trend, but when the same movement happens in the end of the trend the indicator changes.
If you google it you would find that the indicators repaint.
Don't start to jump from system to system, that way you will lose a lot of time.
And try to analise better the indicators before creating another system,it would have taken you less than 5 minutes to discover that the indicators repainted, by googling or looking at the image.
But don't worry I have been there.
  • #16
  • Jan 17, 2017 5:09am Jan 17, 2017 5:09am
Quoting oguz
Hi, What is "M2" tf? This time frame is not standart!
Its RENKO tf
  • #17
  • Jan 17, 2017 5:42am Jan 17, 2017 5:42am
Quoting Demos4x
The indicators repaint, you don't need the live market to see it, look at the image. Ignores movement that goes against the trend, but when the same movement happens in the end of the trend the indicator changes. If you google it you would find that the indicators repaint. Don't start to jump from system to system, that way you will lose a lot of time. And try to analise better the indicators before creating another system,it would have taken you less than 5 minutes to discover that the indicators repainted, by googling or looking at the image....
Thx for your knowlege, but I want to see it when that happens live! Till then I'm testing it with a small %
  • #18
  • Jan 17, 2017 5:44am Jan 17, 2017 5:44am
Quoting oguz
Hi, What is "M2" tf? This time frame is not standart!
Read this thread! It shows you how to setup the Renko chart!
http://www.forexfactory.com/showthread.php?t=535170
  • #19
  • Jan 17, 2017 7:08am Jan 17, 2017 7:08am
hello to all.... i tried to put the three indicatores on a 1 min timeframe to see if it repaints .....and yes it does repaint ...too bad
  • #20
  • Jan 17, 2017 9:51am Jan 17, 2017 9:51am
Quoting zsolti84
{quote} I dropped my previous thread because I found something more interesting! It doesn't mean that the other threds idea isn't profitable, simply this is something what WE need to look closer!
how can it be more interesting than your previous thread if you just discovered it yesterday ? you didnt even know all the indicators shared here repaint, meaning all the signal shared in your first post probably didnt exist in real time and look good only in hindsight. I understand you want us ( you included ) to take a closer look at it, next time please spend some time analysing your system really well before posting it, this way many more people will participate and take the thread serious.
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