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- krumpy replied Mar 30, 2015
What are you confused about? And what settings are you referring to? Best way to deal with slippage is check spread before the order is placed.. And perhaps you'd want smarts around this.. so on any order if spread is to high close all orders.. if ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 30, 2015
Key to trading is not to be greedy! You need to filter out the trades not just buy and sell constantly.
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 30, 2015
His demonstrated what I've shown/advised. I just wouldn't be as aggressive on the trading as to break even we need to be three bars in favour. So most of the time your best of closing the trades before the opposite bar is formed.. Or you can bullet ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 29, 2015
I'll rebuild a light version of the EA (trade manager) I made and release that. I gotta get everything setup with this house move still.. probably won't get time for another few days. If someone is super eager to replicate it feel free (some credit ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 29, 2015
Key is to avoid choppy market all together.. wait for consistent bricks.. Best method is human observation.. No indicators, we simply toggle. We are dealing with a 1:1/2 risk reward off 1 brick movement.. But once we start adding more orders and ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 29, 2015
Just want to be careful with this as spread and slippage will become a big factor.. In my experience you want to be using a minimum bar size of 5x times your spread.. So if I'm working with 10 points spread id be looking at 50 point bricks, 20 point ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 28, 2015
lol, this is exactly why I stay of open boards.. They simply hurt my brain
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 28, 2015
Yeah, I don't use strings
Lets Automate a Simple Renko Strategy!Just trying to demonstrate how to simplify logic to make it more readable for people struggling.
- krumpy replied Mar 28, 2015
How old is everyone around here lol? Another tip.. If your confused on how your statement should look simplify it for yourself. Create some easy variables.. string bar1,bar2,bar3; if(iClose(NULL,0,1)<iOpen(NULL,0,1)){bar1="red";}else{bar1="green";} ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 28, 2015
If your failing at coding its because you don't understand your own logic. Coding is very simple if you understand what your trying to achieve.. Example: I want to create an EA that buys or sells depending on 2x EMA's. Lets plan the logic. if total ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 28, 2015
Thanks man
Lets Automate a Simple Renko Strategy!Haven't looked at bricks against ATR, but could be worth looking at. This is what we can't condition around.. as the market is forever doing new things. So we look at what its offering. If the market is trending.. which we can see via ...
- krumpy replied Mar 28, 2015
Had a few other PM's with people eager to get their hands on it. Let me just say.. IMO Expert Advisors should only be used as a tool to assist in your trading.. They should not be run 24/5! Unless you have unlimited credit and working with ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 27, 2015
Once you get that Bugatti she will spice up again =] IMO keep it basic just the raw ranko price action none of this CCI or WPR crap.. its all laggy.. Historically bricks are consecutive during volatile markets thus giving us some favoured ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 27, 2015
Why would you surf solo? Once the wave is rolling feed it and protect!
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 27, 2015
I'm in the middle of moving house but once I get sorted I will post my EA on a separate thread. (not really a forum guy but happy to share some work) As I've mentioned a few times in this thread you should really look at how quick the bricks are ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 23, 2015
My version has a few other features that could be useful in your next update. Gap detection between the EMA's to further filter out sideways action. Check spreads are less then X before placing the trade.. (I got smashed by a news release as I left ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 22, 2015
BT won't produce great results.. As advised in this thread this strategy can catch trends during a trending market.. And will fail during a ranging market.. How did you get BT working ? Are you using the paid ranko version?
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 21, 2015
If it takes hours to form a single bar the market direction is undecided.. If it takes minutes to form multiple bars the market is moving.. I'd much rather be in a trade that has direction over stale movement. I think this is something to consider ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 21, 2015
For example if the last 2x red/green bars have been opened in < x minutes the market is potentially spiking. Using smaller boxes.. Say ranko has painted 4x red boxes within x minutes... we have a fairly high chance the next box is going to be red ...
Lets Automate a Simple Renko Strategy!
- krumpy replied Mar 21, 2015
Can also look at the timestamps on bars to detect how volatile the current market is.. and do some analysis around that.. Doing some testing with a slightly different setup but happy to see some other work being done
Lets Automate a Simple Renko Strategy!(strangely at the same time)