Yes, they are at the intended levels. I'll start a forward test of this EA on my VPS tomorrow to see how it would work in practice. Probably not as good as what we see in the backtest, but who knows?

Renko Trading Discussion

The same settings, but variable lot size based on account balance... can't be true!

Renko Trading Discussion

This strategy will work great when market goes up and down tens of our Renko brick size (in one direction before changing its direction) and would be a disaster in tight ranging market. Nevertheless, I may give it a try...

Renko Trading Discussion

The first version of an EA which is trading based on this indicator, not bad but needs more work...

Renko Trading Discussion

Working on a new indicator for Renko charts.

Renko Trading Discussion

I updated Post 1. Hope it will help you to setup Renko trading EAs on your MT4 platform. Best, Math

Renko Trading Discussion

PM me your idea.

Spread Chart Creator EA

The example you mentioned could be a strategy for an EA, which is good, but there is no need for such an indicator.

Renko Trading Discussion

Hello nitup, I didn't get notified by that post. Anyway, my answer is yes, it is possible to use live ticks (by running the EA on a VPS) and reconstruct wicks as the brokers do. To do this, the current version of the EA has to be modified ...

USDLFX Offline Chart Creator EA

At every open of a Renko candle, it opens a buy if the current MA value is greater then the previous MA's, and it opens a sell position if the current MA value is less than the previous MA's.

Renko Trading Discussion

You're welcome! 1. In the absence of history ticks, it is not possible to reconstruct wicks as the broker does. 2. In the next version I am going to modify the code so that it will automatically identify any prefix/suffix. Best, Math

USDLFX Offline Chart Creator EA

Version 1.41 released (I updated Post 1). In this version the user can select to invert LFXJPY chart.

USDLFX Offline Chart Creator EA

Read the messages in your Experts tab, it will tell you the reason: MathTrader7_LFXChartCreatorEA GBPUSD,H4: Please attach this EA to an EURUSD chart!

USDLFX Offline Chart Creator EA

Hi metta87, I looked at your request, but I don't know how such indicator could be useful where a trader can easily identify whether 3 or more consecutive Renko bricks are in consolidation.

Renko Trading Discussion

No, not in this version. No, you don't. I have no idea about this strategy at the moment, it needs more tests.

Renko Trading Discussion

In this version, the EA uses standard Moving Average not nonlagdot indicator. Best, Math

Renko Trading Discussion

In above backtests I have used fixed lot size.

Renko Trading Discussion

Here is the first version of such a Renko EA. This version uses one of standard Moving Averages in MT4. Note 1: This EA only works on non-gap Renko charts. Note 2: The following backtest was performed using the default settings of the EA.

Renko Trading Discussion

Here is the first version of such a Renko EA. I added additional ADX filter, if you want to disable it, set ADX Threshold to zero. Note 1: This EA only works on non-gap Renko charts. Note 2: The following backtest was performed using the default ...

Renko Trading Discussion

With daily time frame, the Renko bars of the history are not realistic. The closest Renko reconstruction to the reality can be made with M1 history data.

Renko Trading Discussion