The two red bars do not have to close below the two MAs. The close of the last red bar must be below the two MAs and the previous two bars must be red. So one of the red bars can close above an MA. There is open discussion at the moment as to ...

Lets Automate a Simple Renko Strategy!

What is your box size, please?

Lets Automate a Simple Renko Strategy!

I have come to judge the potential of a strategy by counting the number of "Invisible's" logged into the thread. As I write this, there are 5 Invisible traders logged in.

Lets Automate a Simple Renko Strategy!

Seems like the three candle strategy would not take your first and second winning trades -- the biggest winners of the lot. In each case, the third candle is not red, and thus the trade would not enter.

Lets Automate a Simple Renko Strategy!

Would be interesting, through backtesting, to determine if Candle 3 bearish (for long trade) and Candle 3 bullish (for short trade) s a desirable entry condition.. Thank you and Magix for confirming the thought on exit with a reverse candle color. ...

Lets Automate a Simple Renko Strategy!

Interesting thread, shreyash. Thank you. An observation, after reading the thread. It would seem that a stop loss is not necessary if trades are closed upon candle/brick color change. Mathtrader7, can you confirm that your EA closes trades upon ...

Lets Automate a Simple Renko Strategy!

Best way to answer your own question, Forexpcb, is to double your account for a few months and see if they give you a call. Then you will know for sure!

Would Oanda Cancel My Account if I Doubled it Every Month?

The MQL4 compiler in MT4 Builds 600 on word reserve the name "char", so char cannot be used by the coder. "char" was not a reserved name in earlier versions of MQL4. So, the MTF Stochastic provided in Post 1 will not compile under the current MQL4 ...

scalping system - m1 is possible

Attached is a clean compile under MT4 Build 765. The variable "char" is a reserved variable under MT4 Build 600+. I simply changed the name to "Char" and recompiled.

scalping system - m1 is possible

Sorry Dee. I know nothing about the EA. Jaq posted it in source code format, and I could not get it to compile on MT4 Build 600+ compiler, so I went back to Build 509 and compiled successfully. The fact that it built 3 different charts was ...

More simple is impossible

Hey Jaq, thanks for the EA. Just wanted to note that I was unable to compile under MT4 Bld 765 metaeditor. Got lots of compile errors. I will go back when I have time and correct the errors. I was able to compile under MT4 Bld 509 metaeditor. Have ...

More simple is impossible

There is an error in kumoMeter.v1.1 as posted in post 95. The Tenkan-sen X Kijun-sen was not reflected properly on the chart. It is corrected in v1.2 posted below. I will edit post 95 and replace the incorrect version with v1.2 to prevent any ...

Ichimoku H4 D1 trading system

The pic is from a renko strategy that I trade, and does not represent the strategy of this thread. I attach the pic as representative of a strong downtrend and as a tool in answering your question about the indicator. Price is below Kumo on all but ...

Ichimoku H4 D1 trading system

Attached you will find the signal indi modified to set the default state of the various signals to "true" as requested. I have also attached an enhancement to the "kumo meter". This version of the indi now display Close x Kumo, Close x Kijun-sen, ...

Ichimoku H4 D1 trading system

Attached you will find the "KumoMeter". Again, MT4 Build 765.

Ichimoku H4 D1 trading system

Yes, I see that now. Is difficult for my old eyes to see the Matrix cloud on the pic because of the color.

Ichimoku H4 D1 trading system

Just looking at the two pic, both have the same Ichi settings, since the clouds have the same shape. Different broker closing times probably account of the different candle sizes. But both charts show the same Kijun break setup. That is the ...

Ichimoku H4 D1 trading system

Both the Petr chart and the Matrix chart remain in the cloud, and both show a break of the Kijun. D1 is above the cloud, and W1 is above the cloud. Is that not a valid setup with the Matrix strategy? I think so. Please correct if I am wrong.

Ichimoku H4 D1 trading system

Hello Matrix. Hope you are trading well. I trade a personal strategy for a living. In addition, I read the forums continuously always looking for a new idea or a greener pasture. It was with that spirit that I read your thread last weekend. What you ...

Ichimoku H4 D1 trading system

Sorry Matrix, I can't help you with txt email via gmail. They are all different. I use Charter Cable, and I have used fastmail.net successfully in the past. I would google "how do I received text messages from my computer using gmail". Or go to one ...

Ichimoku H4 D1 trading system