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Non-gap Renko Chart Creator EA

Here is the first backtest of my Renko price action EA (probabilistic pattern recognition): image It may look good at first glance, but the profit factor is not that much good...

Lets Automate a Simple Renko Strategy!

You're welcome! :-) It is hard to say what is the best and what is the worst... But I prefer using a Renko brick size of 10 pips.

Non-gap Renko Chart Creator EA

It should work fine during news release...

Non-gap Renko Chart Creator EA

Hello Mnlop500, I just created a trade explorer for RenkoEA Version 3.10 with Non-gap Renko Creator EA Version 1.4 on a demo account on my VPS. I use the default settings of the EA and run the EA on four pairs: EURUSD, USDJPY, USDCAD and AUDUSD. I ...

Lets Automate a Simple Renko Strategy!

At my very early research, I did hard coded patterns for Renko, but it didn't work well. From my whole experience of trading in Forex, I do believe that there is no deterministic approach that can be profitable all the time... I'm looking for a ...

Lets Automate a Simple Renko Strategy!

Hi dafa, feel free to use any combination you think that it is the best :-) If you ask me which version and combination would work the best, I simply say that I do not know! Yes! that's true! I would open a new thread whenever I'm ready ...

Lets Automate a Simple Renko Strategy!

Hi verified! You got me again! I'm also studying the Renko bar's duration and volume. I am working on a machine learning based approach for pattern recognition.... Best, MathT7

Lets Automate a Simple Renko Strategy!

You got me! Indeed, the main reason I programmed a non-gap Renko builer EA was because I observed that during backtest, there are a lot of non-realistic price jumps at reverse bricks. So I decided to solve this problem In order to ...

Lets Automate a Simple Renko Strategy!

Good Luck!

Lets Automate a Simple Renko Strategy!

Hi verified, glad to see you here again :-) I agree with you that the technical indicators would not help much to have better entries. However, not trading around major S/R levels may improve the results... BTW! How's your Renko scalper EA doing? ...

Lets Automate a Simple Renko Strategy!

You're welcome! :-) Good luck!

Non-gap Renko Chart Creator EA

I haven't tested it, but it may work fine.

Lets Automate a Simple Renko Strategy!

"In standard Renko charts there is a gap of brick size between open of the reverse brick and the close of the previous brick. This expert advisor create non-gap version of Renko charts. I personally prefer this type of building Renko." Version 1.4 ...

Lets Automate a Simple Renko Strategy!

Version 1.4 released. In this version the problem of Renko bars' time is solved, so that the period separator works correctly.

Non-gap Renko Chart Creator EA

Do you want to develop a Martingale system out of it?

Let's build a trading system (EA)

Hi blueseahorse, it is not straightforward! In order to convert real ticks to Renko HST and FXT files, I use a few tools that I just developed for testing the idea. If I can integrate the tools into one working script, I may open a thread and share ...

Non-gap Renko Chart Creator EA

That sounds good!

Lets Automate a Simple Renko Strategy!

I may open a trade explorer for it where you can analyse the performance of the EA and the strategy behind it.

Lets Automate a Simple Renko Strategy!