The default settings in Version 2.99 are the best I managed to obtain from backtesting on EURUSD, from 2014-01-01 to 2015-04-01. I have no input settings for this EA that generates consistent small profits.

Lets Automate a Simple Renko Strategy!

In backtest, linear weighted MAs with periods 50, 17, applied to median price worked the best, in the real market, I do not know which settings for the MAs would work the best...

Lets Automate a Simple Renko Strategy!

In my backtest, linear weighted MAs with periods 50, 17, applied to median price worked the best. I do not know which setting would be the best in the real world trading...

Lets Automate a Simple Renko Strategy!

I would recommend Non-gap Renko Chart Creator EA.

Lets Automate a Simple Renko Strategy!

Hi fredgold3434, Simply put, by trailing stop...

Lets Automate a Simple Renko Strategy!

I tested the trailing SL functionality in the visual mode of the strategy tester on my own Non-gap Renko chart, and it worked fine without backward problem. But I do not guarantee that it works fine in Median Renko charts, or charts that are not ...

Lets Automate a Simple Renko Strategy!

See this post: http://www.forexfactory.com/showthre...73#post8190473

Lets Automate a Simple Renko Strategy!

I guess it will move at 14:30....

Central Banks & Big Players

Have you unchecked "Offline chart" on your Renko chart?

Lets Automate a Simple Renko Strategy!

The Renko chart was standard or median? Did it only happen to Gold?

Lets Automate a Simple Renko Strategy!

If I have time, I might implement such panel...

Lets Automate a Simple Renko Strategy!

The EA doesn't check for Fast MA being under/over Slow MA, it is not part of the strategy. Slope filter additionally checks for Fast MA and Slow MA heading up/down for BUY/SELL signals... So, the entries are corrects

Lets Automate a Simple Renko Strategy!

Are you sure that it happened in Version 2.99?

Lets Automate a Simple Renko Strategy!

I use my own Non-gap Renko Chart Creator EA.

Lets Automate a Simple Renko Strategy!

For 2.99, set SL type to Candle2OpenPrice, it will cut your losses as a reverse candle appears...

Lets Automate a Simple Renko Strategy!

How to backtest Renko: url

Lets Automate a Simple Renko Strategy!

In my backtest EMAs 200 and 189 performed worse than 50 and 17...

Lets Automate a Simple Renko Strategy!

Good! Please test Version 2.99 on EURUSD, GBPUSD, USDCAD, USDJPY and AUDUSD with default settings except for Stochastic overbought and oversold levels set to 60 and 40 respectively.

Lets Automate a Simple Renko Strategy!

Look at where the arrows are and draw two vertical lines, you will find out that the Stochastic value is below overbought (level 80) zone. At first glance, it may seem so easy to filter out bad trades, but it is not trivial. Adding stochastic, RSI, ...

Lets Automate a Simple Renko Strategy!

In the picture, the vertical red line is drawn at the second bearish candle, while the moving averages are below the candle; according to the rules of the strategy the EA must not open a sell position there. If the EA opened a BUY position, it is ...

Lets Automate a Simple Renko Strategy!