It seems that checking for the 3rd candle made some confusion for some people. Here is a picture to make it more clear: image So if you disable checking for Candle 3, the EA opens a position regardless of the color of the 3rd candle. I will always ...

Lets Automate a Simple Renko Strategy!

Which version of MathTrader7 RenkoEA you used for this forward test?

Lets Automate a Simple Renko Strategy!

This huge difference is strange! I'll put Steve EA on forward test.

Lets Automate a Simple Renko Strategy!

I agree with you. It seems that using real ticks to create renko history and back testing makes a difference. Right now I use kind of ugly way to do that by writting a few scripts that convert data structures and file formats to obtain a Renko FXT ...

Lets Automate a Simple Renko Strategy!

You're welcome! It is back tested with 10-pip Renko.

Lets Automate a Simple Renko Strategy!

Here is Version 2.60 of the EA that implements money management. The user has four options for money management: 1. Fixed lot size 2. Lot size calculated based on fixed money to risk per trade. 3. Lot size calculated based on percentage of your ...

Lets Automate a Simple Renko Strategy!

Sure! give me the input settings, and I will back test the EA again.

Lets Automate a Simple Renko Strategy!

Here is my back test for renko hunter v1.1: image Note: I am back testing the EAs just because it is not easy nor straghitforward for everybody to back test Renko EAs. I will choose the best EA regardless of who has written it, I just want to make ...

Lets Automate a Simple Renko Strategy!

Thanks for your help. I know how to implement MM. The thing is that, according to the strategy the stoploss is approximately fixed, so the lot size can be left fixed in order to risk an approximately fixed money per trade. Nonetheless, I will ...

Lets Automate a Simple Renko Strategy!

The time period does not show the real time of the collected data. I use my own written Renko Chart Creator EA that uses the real ticks to create offline Renko charts. I just label the time of each bar to be one minute regardless of how long does it ...

Lets Automate a Simple Renko Strategy!

I managed to find a way to back test EAs on Renko charts. Here is a back test result for MathTrader7 RenkoEA 2.42 with the input settings you can see in the picture: image Note: Time filtering won't be checked in back testing.

Lets Automate a Simple Renko Strategy!

Here is Version 2.47 of the EA that works with any asset, that is, the inputs and the internal logic are now in points not pips.

Lets Automate a Simple Renko Strategy!

It is best to run the EA on a VPS...

Lets Automate a Simple Renko Strategy!

I haven't implemented this feature yet...

Lets Automate a Simple Renko Strategy!

Here is Version 2.42 of the EA that fixes a bug in spread filtering input.

Lets Automate a Simple Renko Strategy!

Yes, Up to Version 2.41, the EA closes a position if an opposite bar forms...

Lets Automate a Simple Renko Strategy!

Here is Version 2.41 of the EA that sets the stoploss to the last swing if the user sets the stoploss to zero in the input settings.

Lets Automate a Simple Renko Strategy!

Here is Version 2.4 of the EA that lets the user specify stoploss, takeprofit and move-to-breakeven in the input settings. It also let the user set the maximum spread to open a position. The move-to-breakeven feature moves the SL to open price ...

Lets Automate a Simple Renko Strategy!

I am quite busy this week. I will try to fix this bug in the next versions.

Lets Automate a Simple Renko Strategy!

Good Ideas! I will implement them in the next versions.

Lets Automate a Simple Renko Strategy!