Here is Version 2.98 of the EA that implements Stochastic filter. The user can Enable/Disable both the Moving Average and Stochastic filters. The default input parameters are set based on backtesting. image Note: I use my own Non-gap Renko Chart ...

Lets Automate a Simple Renko Strategy!

I'm not a VSA trader, but I'm interested in the theory :-) You may find traders who use VSA analysis in FF...

Leg Volume Indicator

This indicator repaints as the ZigZag indicator repaints. The use of this indicator is for VSA (Volume Spread Analysis) based traders.

Leg Volume Indicator

At the current version of the EA, there is no such option. Maybe in the future versions...

Lets Automate a Simple Renko Strategy!

Hi rozafx, I missed your post, but your observation is very important. I will try to figure out what would be the behavior of the EA if the connection to the server is lost.

Lets Automate a Simple Renko Strategy!

Okay, did you restart the MT4 platform after the first position opened by the EA?

Lets Automate a Simple Renko Strategy!

You're welcome! :-) Hope it helps you with your trades.

Non-gap Renko Chart Creator EA

Hi dafa, I can see that the first position opened at 18:50:45 and the next one at 19:01:51. Just a question, did you modify the input settings of the EA after the EA opened the first position at 18:50:45? The answer is important for me to figure out ...

Lets Automate a Simple Renko Strategy!

Thanks sminage! What about the trailing stop? Does it work properly in Median Renko charts?

Lets Automate a Simple Renko Strategy!

I just published my non-gap Renko Chart Creator EA. It may be of your interest.

Lets Automate a Simple Renko Strategy!

Version 1.5 of the indicator fixes this problem. I uploaded this new version to the first post.

Leg Volume Indicator

I don't know what would be the problem. I just posted a new version of a Renko chart creator EA here.

Renko Bounce Trade

You are using Median Renko chart, the EA is developed for standard Renko charts. It may not work properly with Median Renko charts.

Lets Automate a Simple Renko Strategy!

Sure! I'm here to learn and develop some profitable EA that we all can benefit from

Lets Automate a Simple Renko Strategy!

Hi rozafx, the core of the EA is the strategy stated in Post 1. Whether 3,2,1 is the best method or 3,2, or something else, I simply do not know! :-) What I'm working on is a price action method to reduce the number of false signals. P.S. The EA is ...

Lets Automate a Simple Renko Strategy!

Thanks for the input settings Regarding the magic number, simply put, you do not need to change it for different pairs/charts! The EA automatically identifies which position belongs to which chart/pair :-)

Lets Automate a Simple Renko Strategy!

According to the strategy, for the situation you illustrated in the picture, there must be a second bearish Renko candle so that the EA opens a SELL position.

Lets Automate a Simple Renko Strategy!

Glad to hear that :-) would you please share the input settings you are using in live test with us? Thanks in advance.

Lets Automate a Simple Renko Strategy!

You're welcome! :-) The main problem with using a technical indicator such as Stochastic oscillator is that the fixed input settings (periods in this case) do not work in all conditions of the market. They may work perfectly for a few months, for ...

Lets Automate a Simple Renko Strategy!