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    • niks replied Dec 8, 2023

      you're most welcome Abade, i hope you find some benefit from it! there are two modes of brick sizing, one is fixed, and the other dynamic using ATR image when ATR is enabled, the brick size will change each time the ATR value changes and refreshed ...

      M1 Countertrend Scalping Strategy
    • niks replied Dec 8, 2023

      M1 XAUUSD - third time lucky? image the rsi is widely used by many traders, just like moving averages... image i have a very basic rule to simplify my trading, if i don't use it, lose it... for example, if the 50 line is on my rsi and i don't use ...

      M1 Countertrend Scalping Strategy
    • niks replied Dec 7, 2023

      that's a lot of tick data, my cpu would take forever to get through it! but it is the only way to be accurate i guess... yes, they were my thoughts about the overlay as well, it adds a time perspective to a non timed bar, how ironic! thank you! yes ...

      M1 Countertrend Scalping Strategy
    • niks replied Dec 6, 2023

      yes, the keltner channel is a very strong guide for me and i will be sticking with it... i also use rsi as a quick visual aid, i just use the default period of 7 and standard 30\70 values... both yourself and cm-punk are correctly focused on the ...

      M1 Countertrend Scalping Strategy
    • niks replied Dec 6, 2023

      okay, i got it now, thanks! sounds like the same issue as back testing any other ea accurately, but additionally with renko, the ea has to ignore virtual price and act only on actual tick price as the bricks are formed - it's interesting that you ...

      M1 Countertrend Scalping Strategy
    • niks replied Dec 6, 2023

      thanks for the detailed information Abade, it has cleared up the jargon for me! i understand the need to use tick data in mt4 for accurate back testing, but i'm still not sure why if the back tester runs per tick it is still an issue in mt5? renko ...

      M1 Countertrend Scalping Strategy
    • niks replied Dec 5, 2023

      hey abade, i had a feeling this renko overlay may pique your interest! i am still not familiar with all the intricacies of renko charts, i didn't even know about PointO until now! personally, i find renko on it's own impossible to work with, there ...

      M1 Countertrend Scalping Strategy