Here is the first version of an EA that trades based on this strategy. 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 and tested with MT4 build 910. ...

Renko + TMA slope + MACD Colored

No, I didn't try to additionally filter ADX signals with a moving average. I may do it in the next version...

Renko channel + Fast EMA = simple and profitable

The first version of an EA that trades based on ADX signals on non-gap Renko charts can be downloaded from here.

Renko channel + Fast EMA = simple and profitable

Here is the first version of an EA that trades based on ADX signals on non-gap Renko charts. You can find the EA in Post 1.

Renko Trading Discussion

Glad to hear that you managed to find and solve the problem.

Red News Hedge Trading + EA

Nice setup Saiffx!

Renko channel + Fast EMA = simple and profitable

Which version of the EA are you running? Do you get any error message in the Experts tab of your terminal? What is the build version of your MT4 platform?

Renko channel + Fast EMA = simple and profitable

You have to copy the indicator RenkoStreetChannel.ex4 into <MQL4\Indicators> folder, and do NOT rename it! Leave it there so that the EA would be able to find it.

Renko channel + Fast EMA = simple and profitable

I do not have the indicator source code. I haven't written it. If you can find the source code, I will add alert to it. Best, Math

Renko channel + Fast EMA = simple and profitable

Do you see any error in the Experts tab of the terminal?

Red News Hedge Trading + EA

Hi t3ch, In version 1.7 the signal is based on the channel indicator, and a filter that I have implemented into the EA. If you want to trade every signal by the channel, you can use version 1.5 and disable trend filter. Best, Math

Renko channel + Fast EMA = simple and profitable

Hi Kumetto, As a Renko trader, I like your trading style. Just a quick question, what is the size of Renko bricks that you use? Best, Math

Renko + TMA slope + MACD Colored

Hi Elovv, Yes, it is Free Margin percentage (1.0%). The leverage is 100:1. Best, Math

Renko channel + Fast EMA = simple and profitable

I created a Trade Explorer for the EA running on my VPS. You can find it on my profile or on top of this thread.

Renko channel + Fast EMA = simple and profitable

Need for speed? Mmmm.... I remember a good work by Abokwaik named Need4Speed Scalping, but it has nothing to do with the strategy we trade in this thread Yes, the original idea is to benefit from a quick imbalance in the correlation.

Red News Hedge Trading + EA

The first version of the indicator which shows the relative price move between two symbols released. I updated Post 1. I think we can use this indicator to trade two correlated symbols

Red News Hedge Trading + EA

I guess that you close the chart to which the script is attached! You must leave it open otherwise the offline chart won't be updated live.

Scalpers Tick Chart Creator

It does update the converted chart live.

Scalpers Tick Chart Creator

There is a built-in period converter script in any MT4 platform that you can use to generate H9 or any other offline chart. 1. Choose a chart, for example EURUSD, H1. 2. Double click on PeriodConverter script. 3. Enter 9 for <Period multiplier ...

Scalpers Tick Chart Creator

I will add stochastic filter in the next version.

Renko channel + Fast EMA = simple and profitable