I'm still developing the EA. I may share it with other traders later....

Lets Automate a Simple Renko Strategy!

I will work on them tonight.

Volatility indicators (histogram version and alerts needed)

Hello mhz, today I tried to reproduce the same error but the EA worked perfectly in closing the basket successfully. Can you upload the log in your platforms' Experts tab? It may help me to find out the problem.

Three Pairs Hedging

Here is the first version of the Chaikin Histogram indicator. I'm looking forward to seeing your trading method, LITEchild!

Volatility indicators (histogram version and alerts needed)

Try this version.

Candle strength indicator

Hi LITEchild, it is not a hard task, I will do it tonight (I'm busy right now).

Volatility indicators (histogram version and alerts needed)

Hi Magix! I see your point, and I would say that it is possible but it will make a repainting Renko builder, which I tried to avoid by introducing my non-gap version. I think you can easily see and accept that if we want to change the open of a ...

Non-gap Renko Chart Creator EA

Here is a back test for this strategy/EA:

Simple Renko EA

If I were you, I would have just used a standard Renko builder, but in the EA program that I would be developing, I always trade based on Close[1], which I'm sure it represents a Renko candle that has been closed. Simply put, you do not need any ...

can somebody recommend a renko builder?

There are websites that you can use for calculating the correlation between currency pairs: See this one, for example. You can specify the number of periods (days in your case).

Indicator to count Bear/Bull candles

I would say that trading manual is safer than trading with the EA. This is simply because of human being judgement that cannot be programmed into a software easily.

Lets Automate a Simple Renko Strategy!

No, it is a different EA...

Lets Automate a Simple Renko Strategy!

In theory a profit factor of 1.0 (out of at least 1000 trades) means a break even system. However, in practice we need to be in the safe side so a common belief is to have 25% more than breakeven for breathing, which means a profit factor of 1.25 is ...

Lets Automate a Simple Renko Strategy!

Good job! I just recommend four low spread paris: EURUSD, USDJPY, USDCAD and AUDUSD.

Lets Automate a Simple Renko Strategy!

Thanks for your answers! Now I think that I have a better view of what your system is.

Want to know how to get rich?

Do you also need some sound/alert when a Renko bar is closed?

can somebody recommend a renko builder?

Make sure that you have history data of the selected pair (e.g., EURUSD) for all time frames (M1,..., D1) in your MT4 <Data folder>/history/<YourBrokerServerName> folder. For example, you must have EURUSD1.hst, EURUSD5.hst, ... , EURUSD1440.hst. ...

Strategy Tester - multi-timeframe moving averages not working

How do you want to use such indicator in your trades?

Indicator to count Bear/Bull candles

Hi Yaed, I like your approach, and I have a few questions: 1) Are the orders pending orders or market orders? or both? 2) Do you set TPs, or do you close the orders like a basket at a certain profit/loss? 3) Do you use any trailing stop? and/or move ...

Want to know how to get rich?