sure, il take look later after im done debugging my current ones. Example: The most recent issue i faced is below image the custom symbol gives a different spread for whatever reason. I didnt had that problem with my previous broker Admiral ...

Renko Mt5 trading

Thanks for the feedback and yes slapping random indicators just wont work but on the other hand just like how candle sticks uses high time frame, you can use higher brick sizes make your strategy profitable, that's what i noticed so far but so far ...

Renko Mt5 trading

Half trend is a repainting indicator and you realize it when you back tests. like i said in my above post, if you really want to build a system with that post a job in mql freelance. url Tho personally i wouldn't recommend half trend since i have ...

Renko Mt5 trading

sounds pretty complex and again this is MT4. Hope im not being rude but the purpose of me creating this thread was regarding trading renko on MT5 and i was just sharing my experience with it since it not very straight forward. Debugging a complex ...

Renko Mt5 trading

haha although i said i was done with mt4 just the same as i said i wont post here lol. I ended up making a experimental ea that seems to work with renko fairly well. Since most renko traders are mt4 users find the demo ea from this thread and feel ...

Renko trading using proven strategy

One last point. The indicator by default uses values instead of drop down menu for the inputs below image Below are the constants you can entre manually if you want to change it up. image image image

Renko Mt5 trading

Alright here is the MT4 EA for it with a few changes. The entry rule is = Candle before last (candle2) is equal or below MID LEVEL Yellow Line Last candle above MID LEVEL Yellow Line for buy and opposite for sell. Optional Entry: Set True from ...

Renko Mt5 trading

video That's the playlist regarding mql signal

Renko Mt5 trading

Yes thanks I am aware of Dawinex. But finding investors isn't my goal right now but rather develop an ideal aggressive but risk managed system. Below is mql signals. They have the same stats as Dawinex. I haven't used the platform so I don't know ...

Renko Mt5 trading

This is almost identical to the one which iv built already to be honest. Optimization takes a lot of time for ideal parameters and I'm waiting for the optimizations to be done so I can move forward. Meanwhile il happily build a ea based on that ...

Renko Mt5 trading

Thanks for feedback and yes your right the forum is full of EAs and marketing materials but I'm not here to sell anyone anything. Like I said I am testing my systems. I'm sharing my methodology and the logic behind it. If someone wants to build it ...

Renko Mt5 trading

One more point. MT5 wont let you place trades or view on existing and past trades on custom symbols to my knowledge. And i have not seen it happen so far. But the EA needs to run on the custom symbol and you manually select the symbol or ...

Renko Mt5 trading

You cant do it manually. The way i avoid most of the choppiness is by determining the distance between last candle close and MA period. If your trying to do it manually you need to watch the chart like a hawk and end up making mistakes

Renko Mt5 trading

Im assuming you have the mql file, if so, play around with it. It depends on how your the programmer coded it. First find how he had selected the symbols. Go to the section where constants or inputs are defined and create a new constant. example: ...

Renko Mt5 trading

That i completely agree. Renko or Range bars is much better than candlesticks

Renko trading using proven strategy

The above is my base line. Il give a very quick summery about it. The hull color dictates the trend. The MA is used to determine the trend and to avoid choppy zone. Hence the MA distance to candle close pips is taken into account before executing a ...

Renko Mt5 trading

If your still not convinced that algo trading with renko on mt5 is a decent way to make profit. image Id say otherwise. I attached the full report in the new thread. Sorry i wont spam this spread anymore

Renko trading using proven strategy

If your still not convinced renko trading via ea with mt5 is not a smart choice. Here is one more example 3 pip renko bricks 2018 September to March 2021 initial deposit: 100 Leverage 1:1000 Lot: 0.1 Net Profit: 9k image Il attach the full back ...

Renko Mt5 trading

Below is a partial optimization. From 2019.09.01 to 2020.12.31 with a walk forward 1/4. Reason i choose this period for this example was because of the pendemic and everything shut down, the market was so volatile and spreads were off the roofs. ...

Renko Mt5 trading

yeah its primarily for anyone interested in trading with robots

Renko trading using proven strategy