I too looked at using Renko bars a while back but could not find any advantage in using them - seems to be 'flavour of the month' at the moment. Maybe somebody with positive experience can post their findings.

RENKO auto-trader: Coded by SteveHopwood; inspired by Phanti

Pete, First the good news - the automated S/R areas worked very well Now the bad news - I think there is a logic flaw somewhere in the coding, so basically it was put on hold, and predictably is still on hold as I needed the VPS capacity. It is ...

AshFX V2. SteveHopwood's latest trading robot - it works this time

Hi, Check out my recent post here for a possible answer url

Rinse and Repeat. A hedge trading auto-trader by SteveHopwood

Hi Steve, This is just a general point, which may be of use in your current bots. Maybe an idea to create a filter for inverse correlation, contract size to volatility? So as volatility increases, contract size decreases. Just something I have used ...

Rinse and Repeat. A hedge trading auto-trader by SteveHopwood

CFH markets in the UK, charge commission, offer MT4, hedging, FSA regulation etc ... BUT they do not accept retail traders, only institutional traders & have a minimum 50K starting account balance - as far as brokers go, basically you get what you ...

Rinse and Repeat. A hedge trading auto-trader by SteveHopwood

I can recommend the Ignore List feature, it saves hours of reading junk if you apply it rigorously. Just look back at their previous posts & you will very easily see the posters to keep - vouchers or no vouchers

Sixths trading - an EA by macman, Bob and Steve mk 2

Thanks for sharing your ideas with the community - greatly appreciated (by the vast majority of us anyway). I have attached an info page I use with automated strategies, which you may find useful. You can change the time frame to see more ...

Snow Roller - An Avalanche of Profits

Steve, Maybe consider a trade for recovery if it goes beyond 300% of ATR(20) ? This is a starting point for consideration, and may need alteration depending on your chosen time frame Best of Luck ....

"The Logical Trader" - Thread to develop manual trading using insights from this book

For anyone not happy about running an .exe file from an unknown source, there is an alternative fully open source trade management EA here: url

Snow Roller - An Avalanche of Profits

Quote: Originally Posted by fxozgirl image Just closed gbpcad L4 recovery trades open since 23/03 Thanks TOB Hmmm ... not really What would the overall gbpcad position be now (in this example), if we had something fast which had closed out the ...

Sixths trading - an EA by macman, Bob and Steve mk 2

I don't agree - it may be the worst of both worlds. The concept of 6ths is that it works by looking back over an adjustable period & calculating the most likely range now, based on past values - of course you will get draw down, as this is a fairly ...

Sixths trading - an EA by macman, Bob and Steve mk 2

You can go one step further and automate the production of S/R lines - see my earlier post here for ideas - url

Sixths trading - an EA by macman, Bob and Steve mk 2

Yes, good tip - I also delete all Global Variables as well (F3 shortcut) If you get a real tough 'won't restart' problem, delete (or rename) the file mqlcache.dat file in both the experts & the indicators directories. On a restart mt4 ...

Sixths trading - an EA by macman, Bob and Steve mk 2

During the recent Yen 'troubles', spreads on some brokers were in the 100's for a short time - so maybe some sort of reality check is needed in the code Cheers

Sixths trading - an EA by macman, Bob and Steve mk 2

Hi t1, Thanks for the Doxygen info - interesting indeed Please post your config file. Anything which makes 'the learning curve a bit easier' always very welcome.

Brijon Concept of Threes auto trading robot by Steve Hopwood

It is not difficult to make your own version system. Just add the date onto each download and you create your own history. If you want to see the differences between any two versions, use something like WinMerge which is free - there are others.

Sixths trading - an EA by macman, Bob and Steve mk 2

The only way to "make a decent income from forex trading" is to invest a decent income in the first place. Leave your money in a UK bank right now and your return will be about 3.5% a year - so anything paying above this is interesting. Forget ...

Sixths trading - an EA by macman, Bob and Steve mk 2

Maybe it is just me, but I can't follow your formula - balance / 2 / number of pairs to trade ? What am I missing?

Sixths trading - an EA by macman, Bob and Steve mk 2

Here is another useful tip. Did you know you can copy and duplicate profiles between MT4's? After creating your new profile, go to the MT4 profile directory and copy the folder with the name you gave to your new profile. You can now paste this ...

Nb 1.0 trend trade system

Hmmm, In my experience "good, reliable and cheap" are mutually exclusive terms. You could try myhosting.com or forexvps.com or if you are running serious money go for anyone of the major players offering SLA etc

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here