- Search Metals Mine
- IAmRetep replied Mar 26, 2015
If EA opens a trade it uses the last brick with opposite color for STL. That is 3 bricks back. The EA puts High or Low of this brick into STL value. What do you mean with Swing Low/High? Always the Low/High of the very last 3 bricks? I can implement ...
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 26, 2015
Hello shreyash, "opposite color brick is formed!" that is the magic condition. I used "is close". Of course then there are more losses... I'll change it this afternoon. Thank you.
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 26, 2015
For calculating the MAs condition I used the MA values one brick back. Please always have a look at your template. One main condition is MA21<MA50 or MA21>MA50. Very often people look at the Renko bars only (:- Perhaps this condition is not the best ...
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 26, 2015
Seems correctly because one brick back MA21 is not < MA50.
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 25, 2015
You allowed automated trading in CTRL+O -> Expert Advisors -> Allow automated trading ? Or click here :
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 25, 2015
Forget all properties containing OrderId, numbers are for internal use only. I used the last numbers e.g. SellLots25 when creating a function. TradingYes : EA executes if true HoursFrom HoursTo : Executes only if time is between defined hours (uses ...
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 25, 2015
Thank you very much for testing :-)
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 24, 2015
To whom it may concern, the latest version of "renko_hunter". You'll get - defined entries - defined stops - only 1 order per order session (buy or sell) After 9 pips profit( break even) it closes the LeaveLots, that seems to be the best way to get ...
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 24, 2015
Yes, I had a look at the slope of the MAs. But because of missing backtest ability, I did not try it (:- In the latest version I installed a break even function, it closes a part of the order after e.g. 10 pips to reduce risk, that seems to be good ...
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 24, 2015
Hello sminage, The latest version performs a little bit better. But I am not really sure, is it a valid test. Using a demo account there is a test run with (EURUSD, EURGBP, EURJPY, EURUSD, GBPUSD, USDCAD, USDJPY, AUSUSD). Later this week, we can ...
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 19, 2015
[quote=Magix;8150988] Ok guy, have you had an off day? Go and buy a book on polite conversation! Hear from you next week

Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 19, 2015
Ok, I'm out of the office until Monday, more then. On the fly, "((Close [3]> Open [3]) && (Close [2]> Open [2]) && (Close [1]> Open [1]))" is necessary because bar number 2 can have another color and so your suggestion is not true, right? I think ...
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Mar 19, 2015
Hello, here a diagram for a "quick and dirty" EA. If you think, we can talk about it, here is the source. Made with ForexGenerator and "Copy and paste". Have fun and let me know, how we can improve it.
Lets Automate a Simple Renko Strategy!
- IAmRetep replied Feb 11, 2015
Ok, there are many good beers. But this is the best one... throughout the world.
Oktoberfest Nightclub
- IAmRetep replied Jan 30, 2015
Great, thank you! This afternoon I built a "quick and dirty" EA. After the first back test I got 15.000 Eur 12 trades since 2014.01.01, EURUSD, 1 Lot, profit factor 9.5, drawdown 8%. I think more tests are neccessary because last year's move was a ...
Daily 14 Channel