Trading is the hardest way to make easy money...
Trading Renko 1,136 replies
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Disliked{quote} I don't have any backtest for Renko Vdub EA. I do not use Renko Vdub EA.Ignored
DislikedThis is the first version of a new Renko trader EA which is based on an extension to the RSI indicator.Ignored
Disliked{quote} It is based on a modified version of RSI (which I call it Meta RSI) indicator. When Meta RSI value crosses over the middle band, we buy, when it crosses down the middle band, we sell. The EA closes half position at first TP level and moves SL to BE. Then it does a trailing stop. The EA is under development. I will post more when I have better results.Ignored
Disliked{quote} To use this EA do I need to download the Meta RSI indicator?Ignored
Disliked{quote} It would be possible to share the base source code of EA so that I can customize the inputs and outputs.Ignored
DislikedHi Sameshima, {quote} No, the indicator has been integrated into the EA source code. {quote} I don't know what you mean by output, but if you want to change some default settings, I would be able to help you. Best, MattIgnored
DislikedHi MT7, Just want to thank you for all the hard work. I always enjoyed playing with Renko. I'm testing your MT7_RenkoMetaRsiEA and for some reason some trades open as .05 (default) and some open as .03 even though its set to .05. The .03 have a comment on the side as you can see from the pic as well. Is this something thats normal or something maybe I did wrong? thank you Settings in the pic are from USDCAD which is set to .05 as you can see. {image}Ignored
Disliked{quote} seems that you are using a Renko brick size of 50 points (5 pips), right? Best, MattIgnored
Disliked{quote} Yes that is correct thank you for the reply. Partial close!! It didn't click for me. Will post any updates worth posting. I have a explorer running with the ea sicne I had some extra space on my vps. Feel free to check it out. Cheers!Ignored
Disliked{quote} I think with 5 pips Renko, it would be more profitable if you use TP = 200 / SL = 150. Best, MattIgnored
DislikedHi Math, this night I will launch the MetaRSI expert on my VPS. Is there the possibility to play with a fixed % risk to calculate the lot size? If you are running on EURUSD 10 pips brick size, I can run on another pair or another brick size. Have you got any preference? Thank youIgnored