The MA settings is for trend filter not fast moving average. The EA uses the default settings of Fast3MAs indicator.

Renko channel + Fast EMA = simple and profitable

Use it on Renko charts. There is no guarantee that this strategy is profitable. Test it on demo accounts first.

Renko channel + Fast EMA = simple and profitable

You're welcome! :-) And you're right! The EA calculates lots to equalize the worth of one point of both currency pairs. I uploaded a new version (v1.10) with an input to let the user enable/disable this function.

Red News Hedge Trading + EA

Here is Version 1.15 of the EA that additionally uses Fast3MAs indicator to enter trades. Note: This EA only works on non-gap Renko charts. You can download the required Renko builder EA from here.

Renko channel + Fast EMA = simple and profitable

Please provide a screenshot of the missed trade, I'll try to figure out why it happened.

Renko channel + Fast EMA = simple and profitable

1. Just set Take Profit to zero in the input settings of the EA v1.1. 2. In the next version I change the enter logic of the EA based on HA Smoothed and the Channel.

Renko channel + Fast EMA = simple and profitable

The EA uses the default settings of the indicator attached to Post 54. The channel indicator settings that you use on your chart may be different. Please check this and let me know.

Renko channel + Fast EMA = simple and profitable

I have written a step-by-step instruction how to generate a Renko chart in Post 1 of non-gap Renko chart creator EA thread.

Renko Trading Discussion

I'll add money management in the next version.

Renko channel + Fast EMA = simple and profitable

In the input settings, set time frame to 3.

Non-gap Renko Chart Creator EA

No, you don't have to :-)

Renko channel + Fast EMA = simple and profitable

Works on any symbol. EURUSD is just an example.

Non-gap Renko Chart Creator EA

Here is Version 1.10 of the EA. In this version the EA additionally checks the price to be closed over/under a fast MA (8,Linear Weighted,Close) and the last closed Renko bar to be Bullish/Bearish in order to open a Buy/Sell position. A trailing ...

Renko channel + Fast EMA = simple and profitable

I use VPS. The manually check/uncheck offline chart option that you mentioned also works.According to MQL4 reference document it is not possible to check/uncheck it in MQL4 language.

Renko channel + Fast EMA = simple and profitable

Yes, it is necessary to uncheck "Offline chart" option on the Renko chart. More details here.

Renko channel + Fast EMA = simple and profitable

Here is Version 1.0 of the EA. Please check it and come back to me with your comment. Note 1: The EA needs the attached indicator to work properly. Note 2: The EA only works on non-gap Renko charts. @skyler: Please check the entry logic of the EA.

Renko channel + Fast EMA = simple and profitable

The settings you show in the image is correct for your purpose.

Renko Trading Discussion

Here you go:

Extreme scalping using neural networks - EA/Manual

Here is a backtest of MathTrader7_RenkoMA_EA 1.00. The EA is based on a simple moving average change direction and a slow moving average as trend filter. You can download the EA from Post 1.

Renko Trading Discussion