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Trading Renko 1,136 replies
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New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies
DislikedVersion 1.2 of Renko ADX EA released. In this version the EA employs an ATR based trailing stop. I updated Post 1. {image}Ignored
Disliked{quote} hello math, do you also work with point and figure charts ?Ignored
DislikedI think my last post got denied because I'm new and it contained a link. MathTrader7, have you ever seen a script that turned the Renko bars a different color based on how long it took to form. The shorter the time the brighter the Green if up and the Brighter the red the quicker down. Times range from bright green for fast/up dark green for slow/up dark red for slow/down Bright red for fast/down I think this would be a neat experiment and indicator of trend strength.Ignored
Disliked{quote} Duration of Renko bricks varies a lot, from a single second to hours with a 10-pip brick size. You would hardly find exact criteria of how to colour the candle. The relative speed of the bar is roughly equal to inverted volume, which is easily readable, while the duration is difficult to get. Here is a linear speed meter indicator attached, and you may see most values are below comparable threshold. You may also notice the speed-volume dependency. {image}Ignored
DislikedHere is the first version of an EA that trades based on Divergence/Convergence signals on non-gap Renko charts. I updated Post 1. {image}Ignored
DislikedHere is a backtest of MathTrader7_RenkoMA_EA 1.00. The EA is based on a simple moving average change direction and a slow moving average as trend filter. You can download the EA from Post 1. {image}Ignored
Disliked{quote} Hi Math, plase, wehe I can find description of entry/exit signals? Today this EA makes a few great trades but i don't understand where is entry&exit. I thought it's when candle close above/below SMA8 & it's in right direction of SMA220. Pls, see the printscreen and tell me if I am right. If yes, why the last trade is still open and doesn't close? {image}Ignored
Disliked{quote} this is MACD renko with just MACD indicator ? what is TP and SLIgnored
Disliked{quote} The EA uses a few oscillators: CCI, MACD and RSI. SL is under/over the last Renko swing, and there is no fixed TP. The EA closes a position based on a trailing stop.Ignored
Dislikedhi please help, i cannot load the EA, ( all instalation is correct , the ea is alrady under ea folder, but the icon (left under terminal) is gray not yellow and i cannot attach to the chart or open the properties, what should i do ? mt4 902Ignored
DislikedHello guys, I am using version MathTrader7 Renko Street EA 1.5 and ADX 1.2 with default settings. Yesterday I had great profit on my real account. ADX version is not so profitable as version with Renko Street. {image}Ignored