Thanks Mickael for your idea but don't bee too quick to expect a holy grail from it. Observing your chart i see that there must be a lot of losing trades which you did not showed. This approach will work in trending conditions but lose in range. ...

Lets Automate a Simple Renko Strategy!

Thomas, unfortunately i have no source code of this indicator that is why i can't modify it. But there is a way out. I can make indicator or non-trading EA based on this indicator.

Lets Automate a Simple Renko Strategy!

Hi Andre, Below is EA with user definable SL. SL=0 => EA will automatically place it to hi/low of previous candle +2 pips. Default setting. SL>0 (in pips) => EA will accept this value and place SL according to it. file

Lets Automate a Simple Renko Strategy!

Hi Wanghaiyang, Maybe you are right but anyway you have a choice now. Please don't forget to report how your idea works. file image P.S. Below is updated EA trade report. It becomes more realistic now. Profit Factor is decreasing, Payoff and ...

Lets Automate a Simple Renko Strategy!

Hi Andre, I'll give it a try but please wait a little as i'm not so fast to fulfill all your amazing ideas. According to your screenshot and EA name it starts grid opening positions on each reversal brick with lot increasing (doubling?) with every ...

Lets Automate a Simple Renko Strategy!

I don't think this nice looking DB offers you to open renko charts and trade them. You should better ask its talanted developer and beautifull girl DingDong99. Unfortunately i'm not DB fun. I prefer old tested by time methods opening renko charts ...

Lets Automate a Simple Renko Strategy!

Your picture shows not the worst situation but believe me you may have 5-6 or even 7-8 StopLosses one after another. It occur not often but one time is enough to burn your account. You are right Andre, Martingale may kill any EA and blow any ...

Lets Automate a Simple Renko Strategy!

I don't use and have any brick size calculation method yet, what is more i'm not sure it would give us a big advantage. It is only an idea to look at currency pair volatility and adjust size brick according to ATR of certain currency pair. For ...

Lets Automate a Simple Renko Strategy!

Yes, Sir! I can't describe renko offline chart creating procedure better than for example in post 1 or any other place you may find yourself.

Lets Automate a Simple Renko Strategy!

Please read my answers here and here about Martingale.

Lets Automate a Simple Renko Strategy!

It is another channel, another approach. And foreign (not MQL4) code. There is nothing to implement. You simply set appropriate input brick size parameter when starting offline renko char builder.

Lets Automate a Simple Renko Strategy!

Do your broker allow auto trading? Can any other EA place orders on the same account? Do you see any errors in expert log tab? Better if you show it here. Are all conditions for EA entry met? Your screenshot is useless here.

Lets Automate a Simple Renko Strategy!

Here you go Andre. Simply open EA setting and look at them. image

Lets Automate a Simple Renko Strategy!

Hi laikos, Dear friend, please try to scroll back some posts, i've repeated the answer to your above questions several times already.

Lets Automate a Simple Renko Strategy!

It looks different. image

Lets Automate a Simple Renko Strategy!

I will not continue further RenkoVdub EA development till i find source code of Vdub_Pivot_Point indicator to fix this issue. And your idea looks strange for me. Seems that you are going to catch reversals but this EA is based on price reverse. So ...

Lets Automate a Simple Renko Strategy!

Thanks for kind words and attention Michael. Hope you will make some pips with one of my EA.

Lets Automate a Simple Renko Strategy!

Hi Alberto, Just have answered in above post.

Lets Automate a Simple Renko Strategy!

marketir, Please refer to my screenshots and report. But I'm not sure my choice is the best one. It would be better if you try your own. Hi dafa, I use standard 10 pips renko brick size on all currency pairs charts. But i believe it would be better ...

Lets Automate a Simple Renko Strategy!

What have i to explain, Sir? Have no idea. P.S. Latest EA performance update. Growing stronger and stronger. image

Lets Automate a Simple Renko Strategy!