Renko Trading Discussion

Use this link http://www.forexfactory.com/showthread.php?t=535170

Sorry, the slippage makes no change in the test result.
The other attached EA only prints "MathTrader7_RenkoMA_EA USDJPY,M5: You can download a non-gap Renko builder from http://www.forexfactory.com/showthread.php?t=535170" in the tester.

i am big fan of renko chart, it make easy and non stress trading
i love it, thank mathtrader for make ea, keep go on, bro

I am looking for an EA that opens positions when the 1st Reversal Renko bar closes. Something like the 1st EA that was developed here but that opens positions when the 2nd bar closes. Is there a version here (or somewhere else) that does the same thing but on reversal bar 1?

If anyone can point me in the right direction I would be grateful. Thanks.

Hi MathTrader7,

I love the work you do with the EA to operate on renko graphics. But I note that for the new compilation of mt4 I think the 1050 is no longer working. I would like to try on a real account the EA Renkostreet. Could you compile this EA to be able to use it in the new MT4 compilation? Thank you very much.

Sorry for my bad english.

hi, all.
Who can tell me what these parameters mean.
thanks.

Yes, that does repaint.
It's crossover of moving average, hence, whenever moving averages flips back from crossing, it repaints. But once moving averages crossed successfully then later it won't repaint. I have though tested it on regular candle to measure it in better ways.

No matter whether you put that on renko bars or regular candles, it works as moving averages crosses each other.

Hi Math! Could you please do some changees on the Ea what you made for me? Would it be possible to flip the direction, TP and SL of the Ea when it enters? Maybe that way it would work better...
THX

Hi MathTrader ...
First i want to thank you for the great job!
You are soo good in your job!
I want to ask you what setings you recommend to the 3.36 version ?
thanks again for all

hi metatrader7 your are the best .iam a big funne of renko ,iam a new trader i like your works so mutch

i have a stratege us it by millioner joseph nemeth is a greath strategy with renko + hiken ashi + 20MA .

if the price abouve 20MA intre onle bey postion if dow entre only sell position . this trategy give you 75% good entre

trade close for the first opossit direction and re -open if the direction return.

if the trade goes badly frome begeen he hedge it with a strategy call zerovery zone.

if you can make a EA for this strategy it will be very profit
sorry for my bad englesh

this one is good

Made his millions only using renko + hiken ashi + 20MA?

So I waste my time struggling to grasp probabilistic graphical models,bayesian inference and others then!

Please, help me create sound alert in this indicator

Thanks for most considerable contribution for renko based trading...i am using it on H2 TF with RSI 21 with addition on another indicator and results are best.

yes.hi said that he was a wors trader in word bcs he was think like us .double tap .shoulders.... go to youtube and searsh about "" zone recovery " and watch his videos you will like it so mutch

Could anyone make an indicator to measure the time until renko ashi is finalized? Sorry for my poor English.

Dear MathTrader7 and all other trader:

Best thanks for the wonderful EAs that you MT7 and all other people have programmed.

Unfortunately, 2 of the best EAs is not running in my MT4 Build 1065. The RenkoVDubEA and the RenkoStreetEA.

The MathTader7_RenkoVdubEA V1.15 does not run with your own MathTrader7 RenkoChartCreator V 1.49. Above left: Please attach the EA to a non-gap Renko chart! (Indicators are installed) But your EA Creator is a non-gap creator

The VDub EA V1.0 from sevan62 runs however with your MathTrader7_RenkoMultiChartCreator EA V1.35. Unfortunately, the settings are too few. I need all settings from MathTrader7.

The MathTrader7_RenkoStreetEA V1.7 runs but does not open any positions or trades. (Indicators are all installed), the offline chart under Chart properties can be unmarked or marked but the EA is not runing.

Then there is still the same bug when i reopen MT4, then you have in the chart no more Renko Charts, only 1H TF Charts.
In both: MathTrader7 RenkoChartCreator V 1.49 and also MathTrader7_RenkoMultiChartCreator EA V1.35 too.

MT4 no longer reacts (crashes) when I unmarked offline chart under the Chart properties.

Perhaps the problem can be with MT4? At my newer build 1065?
Do I have to take an older MT4 version that runs the EAs? What builds? My System is Win7 Pro.

Someone an idea? Where can be the bug?

It would be nice if you could HELP, MathTrader7 or someone with these two great Eas.

These 2 EAs are so good that they should develop further!

It would be good if the EAs also work with DAX30 too.

Many Thanks in advance for the help!

And all have a nice day.

Zoltan

I will publish new versions working with the latest MT4.

Best,
Math

Hi
I know English a little. I wrote EA but I do not know how to end it. How trade to some instruments with this EA What must I add to code and how

double ma_34_close; //średnia 34 do zamknięcia dla swiecy t-1(in english moving average period 34 )
double ma_170_close; //średnia 170 do zamknięcia dla swiecy t-1 (in english moving average period 170)
extern int StartHour=9; // w Polsce to godzina 8 rano (start hour of trading in Poland 8 in the morning)
extern int EndHour=23; // w Polsce to godzina 22 wieczorem (In Poland 22 pm)
int Slippage = 1;
extern double StopLoss=4;
int Spread;
extern double Pozycja=0.01;
extern double TakeProfit=15;
int ticket = 0;
extern double TrailingStop=4;
extern int Magic=1200;
double PointValue;
int mnoznik;
int start(){
if(Digits==3||Digits==5)
{
mnoznik=10;
}
else
{
mnoznik=1;
}
StopLoss=StopLoss*mnoznik;
TakeProfit=TakeProfit*mnoznik;
Slippage=Slippage*mnoznik;
Spread=MarketInfo(Symbol(),MODE_SPREAD)/mnoznik;




ma_34_close=iMA(Symbol(),PERIOD_CURRENT,34,0,MODE_EMA,PRICE_CLOSE,1);
ma_170_close=iMA(Symbol(),PERIOD_CURRENT,170,0,MODE_EMA,PRICE_CLOSE,1);
if(TotalOrdersCount()==0)
{
if(Hour()>=StartHour && Hour() <= EndHour)

{
int result=0;


if(Close[3]<Open[3] && Close[2]>Open[2] && Close[1]>Open[1]) //sweica 3 czarna a dwie koeljne białe to buy warunek

{
if(ma_34_close>ma_170_close)//srednia szybsza jest powyżej sredniej wolnej
{
if(Close[1]>ma_34_close)//zamkniecie ostatniej sidcy musi być powyzej srednich
{

if((ma_34_close-ma_170_close) >= 2*mnoznik)// odległosć między srednimi co najmniej 2 pipsy unikamy konsolidacji
{
if((Open[0]-ma_34_close)<=7*mnoznik) // odlegosc ceny otwarcia jest nie wieksza niz 7p od sredniej szybkiej

result=OrderSend(Symbol(),OP_BUY,Pozycja,Ask,Slippage,Ask-StopLoss*Point,Ask+TakeProfit*Point,0,Magic,Blue);

}
}
}
}




else if(Close[3]>Open[3] && Close[2]<Open[2] && Close[1]<Open[1])


{

if(ma_34_close<ma_170_close)
{
if(Close[1]<ma_34_close)
{
if((ma_170_close-ma_34_close) >= 2*mnoznik)

{
if((ma_34_close-Open[0])<=7*mnoznik)

result=OrderSend(Symbol(),OP_SELL,Pozycja,Bid,Slippage,Bid+StopLoss*Point,Bid-TakeProfit*Point,0,Magic,Red);
}
}
}
}
}

}



for (int i = 0; i < OrdersTotal(); i++)
{
OrderSelect(i, SELECT_BY_POS, MODE_TRADES);
PointValue = MarketInfo(OrderSymbol(), MODE_POINT);
//Normalize trailing stop value to the point value
double TSTP = TrailingStop * PointValue;
if (OrderType() == OP_BUY && OrderSymbol()==Symbol() && OrderMagicNumber()==Magic)
{ if ((Bid - OrderOpenPrice()) > TSTP)
{ if (OrderStopLoss() < (Bid - TSTP))
{
OrderModify(OrderTicket(), OrderOpenPrice(), Bid - TSTP, OrderTakeProfit(), Red);
}
}
}
else if (OrderType() == OP_SELL && OrderSymbol()==Symbol() && OrderMagicNumber()==Magic)
{ if ((OrderOpenPrice() - Ask) > TrailingStop * PointValue)
{ if ((OrderStopLoss() > (Ask + TrailingStop * PointValue)) || (OrderStopLoss() == 0))
{
OrderModify(OrderTicket(), OrderOpenPrice(), Ask + TSTP, OrderTakeProfit(), Red);
}
}
}
}
return(0);



}
int TotalOrdersCount()
{
int result=0;
for(int i=0;i<OrdersTotal();i++)
{


if(OrderSelect(i,SELECT_BY_POS,MODE_TRADES))
{
if(OrderSymbol()==Symbol()&& OrderMagicNumber()==Magic)
result++;

}
}
return (result);
}
bool NewBar()
{
static int iTime_0=0;
if(iTime_0<iTime(Symbol(),PERIOD_CURRENT,0))
{
iTime_0=iTime(Symbol(),PERIOD_CURRENT,0);
return( true );
}
else
{
return ( false );
}
}

Trade in Renko 2 pips bricks
I plan to play in EUR USD, AUD USD, Or other with very small spread

I use EMA CLOSE 34 and EMA CLOSE 170
When EMA close 34 IS ABOVE EMA 170 - 1 CONDITION TO open BUY

2nd condiotion: third candle is black and next 2 and 1 candle is white - for buy

3td condition: Close[1]>ma_34_close - close last candle is above average 34 closed

next condition is to reduce bad trades in time no trend in markets.

I write that difference betweend ema's must be at least 2 pips

(emas difference less than 2 pips is a wrong situation - often there is no trend and there are loses)

Apart from I wrote condition that difference Open price from ma_34 must be max 7p I think that must distance price from MA_34 is a large Standard Devation and price slow down to EMA