>>Introduction
In this thread we discuss Renko trading strategies and share our trading systems, indicators and EAs. There are a few Renko trading EAs in Post 1. Some of them are based on the idea of FF members, some based on mine. I used to make money using Renko MA EA with re-optimizing the EA at the end of every week (to get the best input settings for trading the next week), but I no longer use any of the Renko EAs in Post 1. Currently I am forward testing a few new Renko EAs based on other strategies. If I have something promising (to be profitable) and want to share it, I will post it here.
>>Thread Rules:
1. In this thread we only discuss Renko TRADING strategies, indicators, and EAs. We do NOT discuss Renko chart builders. I will IGNORE anyone write any irrelevant post here.
2. You post any commercial link (directly or indirectly) and that would be your last posts.
3. TBD.
>>How to create a Renko chart and attach a Renko Trading EA to the chart:
1. Download the Renko chart builder EA (that all my Renko trading EAs need it) from Post 1 of this thread.
2. Open a M1 chart of your selected symbol (for this example, EURUSD).
3. Attach "MathTrader7_RenkoChartCreatorEA.ex4" EA to the M1 chart with the default settings (or adjust them according to your preference) and wait until you see the message "Open offline chart..." on the chart. With the default settings the Renko brick size is 100 points and the Renko chart will be created as a M2 offline chart of the selected symbol. In our example with EURUSD, the message will be "Open offline chart EURUSD,M2 (100 points)".
NOTE: From version 1.50 of the Renko chart builder EA, it automatically opens the Renko chart for you. If you use the previous versions, you have to click on the "Open Offline" option of "File" menu and then locate for EURUSD,M2.
4. Now, attach a Renko trading EA, for example "MathTrader7_RenkoMA_EA.ex4" to the offline chart, EURUSD,M2.
5. Make sure that "Auto Trading" button on MT4 platform is active.
>>How to backtest Renko EAs:
1. In the following link there is a description of a method to backtest Renko EAs:
http://www.forexfactory.com/showthread.php?t=572375
2. Below you can find a script that converts real ticks to non-gap Renko HST files for backtesting EAs,
https://www.forexfactory.com/showthread.php?t=535170
NOTE: I do not use above method to backtest my Renko EAs. I have my own way of doing so.
There is a description of how I test Renko EAs with real ticks below,
https://www.forexfactory.com/showthr...92#post8594192
>>A Set of Renko HST files for backtesting
Attached is a Zip file containing HST files of EURUSD NonGap Renko created by real ticks from 20180101 to 20191115 for Renko sizes 30, 40, 50, 60, 70, 80, 90 and 100 points. Hope this helps people with backtesting Renko strategies.
>>Renko Trading EAs
Note: You shall not rely on the default values of the input settings. You need to optimize the EAs according to the Renko brick size, the symbol (e.g., EURUSD, GOLD, DAX30), the risk managment, etc.
--- Renko Meta RSI EA ---
Version 1.04 of Renko Meta RSI EA released. See a backtest here (10 pips Renko).
Note: THIS IS AN EXPERIMENTAL EXPERT ADVISOR MEANT FOR A FORWARD TEST FOR ONE YEAR.
--- Renko Parabolic SAR EA ---
Version 1.40 of Renko Parabolic SAR EA released. See a backtest here (10 pips Renko).
--- Renko ADX EA ---
Version 1.46 of Renko ADX EA released. See a backtest here (10 pips Renko).
--- Renko MA Cross EA ---
Version 1.21 of Renko MA Cross EA released. See a backtest here (10 pips Renko).
In this version the EA closes a BUY (SELL) position if the candle closes below (above) the fast moving average.
--- Renko EA of Renko Street Strategy! ---
Version 2.03: Fix a bug with money management. Simplified trailing stop loss settings.
--- Renko EA of Lets Automate a Simple Renko Strategy! ---
Here is the latest version of the EA I developed for the strategy described in the thread "Lets Automate a Simple Renko Strategy!".
Version 3.39: Fix a problem with stochastic filter. Compiled with MT4 build 1360.
In this thread we discuss Renko trading strategies and share our trading systems, indicators and EAs. There are a few Renko trading EAs in Post 1. Some of them are based on the idea of FF members, some based on mine. I used to make money using Renko MA EA with re-optimizing the EA at the end of every week (to get the best input settings for trading the next week), but I no longer use any of the Renko EAs in Post 1. Currently I am forward testing a few new Renko EAs based on other strategies. If I have something promising (to be profitable) and want to share it, I will post it here.
>>Thread Rules:
1. In this thread we only discuss Renko TRADING strategies, indicators, and EAs. We do NOT discuss Renko chart builders. I will IGNORE anyone write any irrelevant post here.
2. You post any commercial link (directly or indirectly) and that would be your last posts.
3. TBD.
>>How to create a Renko chart and attach a Renko Trading EA to the chart:
1. Download the Renko chart builder EA (that all my Renko trading EAs need it) from Post 1 of this thread.
2. Open a M1 chart of your selected symbol (for this example, EURUSD).
3. Attach "MathTrader7_RenkoChartCreatorEA.ex4" EA to the M1 chart with the default settings (or adjust them according to your preference) and wait until you see the message "Open offline chart..." on the chart. With the default settings the Renko brick size is 100 points and the Renko chart will be created as a M2 offline chart of the selected symbol. In our example with EURUSD, the message will be "Open offline chart EURUSD,M2 (100 points)".
NOTE: From version 1.50 of the Renko chart builder EA, it automatically opens the Renko chart for you. If you use the previous versions, you have to click on the "Open Offline" option of "File" menu and then locate for EURUSD,M2.
4. Now, attach a Renko trading EA, for example "MathTrader7_RenkoMA_EA.ex4" to the offline chart, EURUSD,M2.
5. Make sure that "Auto Trading" button on MT4 platform is active.
>>How to backtest Renko EAs:
1. In the following link there is a description of a method to backtest Renko EAs:
http://www.forexfactory.com/showthread.php?t=572375
2. Below you can find a script that converts real ticks to non-gap Renko HST files for backtesting EAs,
https://www.forexfactory.com/showthread.php?t=535170
NOTE: I do not use above method to backtest my Renko EAs. I have my own way of doing so.
There is a description of how I test Renko EAs with real ticks below,
https://www.forexfactory.com/showthr...92#post8594192
>>A Set of Renko HST files for backtesting
Attached is a Zip file containing HST files of EURUSD NonGap Renko created by real ticks from 20180101 to 20191115 for Renko sizes 30, 40, 50, 60, 70, 80, 90 and 100 points. Hope this helps people with backtesting Renko strategies.
Attached File(s)
RenkoHST.zip
2.1 MB
|
1,286 downloads
|
Uploaded Jun 16, 2020 10:20am
>>Renko Trading EAs
Note: You shall not rely on the default values of the input settings. You need to optimize the EAs according to the Renko brick size, the symbol (e.g., EURUSD, GOLD, DAX30), the risk managment, etc.
--- Renko Meta RSI EA ---
Version 1.04 of Renko Meta RSI EA released. See a backtest here (10 pips Renko).
Attached File(s)
MT7_RenkoMetaRsiEA.ex4
93 KB
|
851 downloads
|
Uploaded Feb 2, 2021 2:53pm
Note: THIS IS AN EXPERIMENTAL EXPERT ADVISOR MEANT FOR A FORWARD TEST FOR ONE YEAR.
--- Renko Parabolic SAR EA ---
Version 1.40 of Renko Parabolic SAR EA released. See a backtest here (10 pips Renko).
Attached File(s)
MT7_Renko_PSarEA.ex4
59 KB
|
642 downloads
|
Uploaded May 3, 2021 7:39am
--- Renko ADX EA ---
Version 1.46 of Renko ADX EA released. See a backtest here (10 pips Renko).
Attached File(s)
MT7_Renko_AdxEA.ex4
67 KB
|
624 downloads
|
Uploaded May 3, 2021 7:54am
--- Renko MA Cross EA ---
Version 1.21 of Renko MA Cross EA released. See a backtest here (10 pips Renko).
In this version the EA closes a BUY (SELL) position if the candle closes below (above) the fast moving average.
Attached File(s)
MT7_Renko_MaCrossEA.ex4
63 KB
|
748 downloads
|
Uploaded Jun 24, 2021 5:07pm
--- Renko EA of Renko Street Strategy! ---
Version 2.03: Fix a bug with money management. Simplified trailing stop loss settings.
Attached File(s)
MathTrader7_RenkoStreetEA_v203.ex4
99 KB
|
423 downloads
|
Uploaded Sep 30, 2022 4:24am
--- Renko EA of Lets Automate a Simple Renko Strategy! ---
Here is the latest version of the EA I developed for the strategy described in the thread "Lets Automate a Simple Renko Strategy!".
Version 3.39: Fix a problem with stochastic filter. Compiled with MT4 build 1360.
Attached File(s)
MathTrader7_RenkoEA.ex4
106 KB
|
526 downloads
|
Uploaded Sep 24, 2022 6:47am
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