Hi dafa, Renko MA EA opens buy/sell positions based on a change in the direction of the fast MA and in accordance with a the slow MA. The EA closes a trade when a reverse signal is detected. This is a basic implementation. In the next versions I ...

Renko Trading Discussion

You're welcome! :-) Just another tip: Try to compare the strength of non-common currencies (AUD with respect to JPY, in our example, CHFJPY, AUDCHF) to decide going Long/Short. Good luck! Math

Red News Hedge Trading + EA

Here is the first version of an EA that trades based on Divergence/Convergence signals on non-gap Renko charts. I updated Post 1.

Renko Trading Discussion

Hi LvCa, I just wanted to mentioned that I personally never trade two currency pairs with no common currency between them. If I were to trade CHFJPY with another pair, it would be AUDCHF (CHF is the common currency here).

Red News Hedge Trading + EA

You may get good results if you trade manually this strategy as kumetto does.

Renko + TMA slope + MACD Colored

Here is Version 1.10 of the EA. Since TMA Slope indicator repaints, the EA compares TMA Slope with absolute value of 0.05 to open positions (this value is identified through optimization). This will be the last version of the EA for this strategy. ...

Renko + TMA slope + MACD Colored

Since TMA Slope repaints, the EA rarely opens a position. I am about to release a new version where the EA won't respect to 0.4 level of TMA Slope. Note: My backtest shows that the strategy is not performing well. So I'm not going to do forward test. ...

Renko + TMA slope + MACD Colored

You are doing your homework very well! P.S. You can set the EA to automatically open positions at the time you are asleep.

Red News Hedge Trading + EA

Hi metta87, I do not use point and figure charts. However, it is a very good tool to identify support/resistance levels. I may work on point and figure charts... Best, Math

Renko Trading Discussion

Version 1.2 of Renko Parabolic SAR EA released. In this version the EA employs an ATR based trailing stop. I updated Post 1.

Renko Trading Discussion

Version 1.2 of Renko ADX EA released. In this version the EA employs an ATR based trailing stop. I updated Post 1.

Renko Trading Discussion

Great to see that you managed to backtest it!

Renko channel + Fast EMA = simple and profitable

Here is the first version of an EA that trades based on Parabolic SAR signals on non-gap Renko charts. You can download the EA from Post 1.

Renko Trading Discussion

Have a nice weekend! :-)

Renko + TMA slope + MACD Colored

Hi eghbaleh, I traded this red news with GBPUSD and EURGBP, going for SELL/SELL with 0.2 lot size, 10 USD take profit and 30 USD stop loss. The reason I chose SELL/SELL is that I observed that GBPUSD is in down trend, so even if the red news would ...

Red News Hedge Trading + EA

Mmmmm.... I guess that the TMA Slope value was less than 0.4 at that bar... Does TMA slope repaint?

Renko + TMA slope + MACD Colored

Hi LvCa, I assume that ADR value is statistically valid (averaged over a long period, 200 days or more for example). Then, if you are going to trade for a long term, I would personally go for selling 0.20 EJ.

Red News Hedge Trading + EA

TMASlope is the same indicator, I just renamed it.

Renko + TMA slope + MACD Colored

Here is Version 1.05 of the EA that won't check for the Renko bar to cross EMA(13) to open positions. Note 1: This EA only works with non-gap Renko charts. You can download the required Renko builder EA from here. Note 2: This version is compiled ...

Renko + TMA slope + MACD Colored

Not all conditions met! The Renko bar did not cross EMA(13)! I'll remove this condition and resubmit a new version.

Renko + TMA slope + MACD Colored