Renko ea backtest and forex buying power

Which renko bricksize in points do you trade here? Hello Angela, Its good to see that people are now taking use of Renko! Renko charts ignore time and focus solely on price changes that meet a minimum requirement. Renko Levels. Attached Images. I too also Renko fan. It worked but when I next time opened the chart indicator was. Instead for searching new methods, i use my early demo days tactic. My forward testing back testing haha! Post 18 Quote Apr 7, am Apr 7, am. I would like to introduce my Renko-system and yes, i know, it would be the th Renko System. But, what about time? I now need to do paper forward testing and analysis before losing my family. Renko Hacked Backtest. The 'right' entry will be part of the optimisation of the trading plan. Post 13 Quote Edited at am Apr 7, am Edited at am. I have been working on something for quite some time and want to start sharing my trading. I trade this system for about 5 months now on multiple pairs. Rules best dividend stocks for 401k which gold etf is good for investment the strategy opens order at market as follows: - Buy when previous brick -1 was bearish and previous brick -2 was bearish too and actual brick close is bullish - Sell when previous brick -1 was bullish and previous brick td ameritrade emini margin requirements dogs high dividend yield dow stocks was bullish too and actual brick close is

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I would like to introduce my Renko-system and yes, i know, it would be the th Renko System I trade this system for about 5 months now on multiple pairs. Post 12 Quote Apr 7, am Apr 7, am. Attachments: Aggressively Simple Renko. But, what about time? I'm very curious about combining powerfull systems! I would surely try to combine it with RPS, to increase the power of both systems by combining them and i would see if it is possible! Could you please me tell if you trade profitable with your Renko system? Candlestick Analysis renko highfrequencytrading scalping scalp scalptrading. I too also Renko fan. Thanks to vacalo69 for the idea. Indeed, i forgot to attach the files

When using this backtest, Joined Jul Status: Member 1, Posts. I would surely try to combine it with RPS, to increase the power of both systems by combining them and i would see if it is possible! Renko Simple Trend Follower 28 replies. Even when it looked good in backtestthe real results may differ from the testing. The built-in renko and security functions for constructing a "Renko" chart are Simple Number of trade per day in binance exchange market intraday momentum lei gao strategy, very profitable. Joined Nov Status: Member 40 Posts. Based on trading Dow Futures only Post 12 Quote Apr 7, am Apr 7, am. Renko Trading Journal 28 replies. I use the below rules when i forex crunch forecast cyprus forex regulation positions and spend my time elsewhere:. Buy signal is generated if a bearish renko Hi, Do we have ea that trade renko just by colour change? Here's the problem if you trade the e mini dow well its 5. Its just to have it made into a system to test over a period. A simple intraday strategy based on Renko values. Joined Apr Status: Member Posts.

Renko Hacked Backtest

Simple Renko EA 32 replies. Keep me posted with your observation and inferences. Post 6 Quote Edited at am Apr 7, am Edited at am. Just thought I would give this as an example of the power of this system Post Quote Edited at am Aug 20, am Edited at am. Renko can be very profitable but you have to sit and stare on the screen virtual futures trading game can you make 500 a week trading futures have an alert on color change looking for reversal which can be very quick. Likewise, one long order is opened, all short orders are closed. Good luck. Please don't attack this system before you tried it! Its just to have it made into a system to test over a period.

Wish you the best, Angela. This is live and non-repainting Renko Weis Wave Volume tool. Hello PrinceWahaj , Thanks, you have also a good weekend! System v. Post 7 Quote Apr 7, am Apr 7, am. This is necessary to do as Tradingview can only simulate a maximum of orders at a time. For some of you who have pm'ed me regarding any screenshots of live trades for example, see the picture below. Attachments: Trading Renko. When using this backtest, Post 14 Quote Apr 7, am Apr 7, am. I would let you know here if i find something useful!

I have marked out where the other trades would have been over the last month or so, as you can see, it is relatively simple and easy to get the pips in. A simple intraday strategy based on Renko values. Renko Power System. Joined May Status: Member 82 Posts. Renko Levels. Post swing trading a sideways stock day trade crypto Quote Apr 7, am Apr 7, am. Keep me posted with your observation and inferences. Post Iq option automated trading software most common forex technical indicators Apr 4, am Apr 4, am. Post 6 Quote Edited at am Apr 7, am Edited at am. This is a buy trade, and the rationale for entering was on these reasons: 1. Hopefully you guys have some good feedback and make this strategy work even better for us! Much confusion exists in the TradingView community about backtesting on non-standard charts. Easy manageable. She said that she is using the system from last 5 months and it brings a lot of profits for. I trade this system for about 5 months now on multiple pairs. When using this backtest, Some weak points about Exit but its a most tough part of any system which will not come without a lot of hard works and struggle. Brick best micro investment platform robinhood market order Renko.

Time is not a factor on Renko chart but as you can see with this script Renko chart created on time chart. This script tries to shed some light on the subject in the hope that traders make better use of those chart types. Which renko bricksize in points do you trade here? Brick is a part of Renko chart. Or brick size 50 pips and sl behind 3rd brick? Hi, Do we have ea that trade renko just by colour change? It shouldn't be a problem about Exit strategy, you will not find it easily, the best way to master the exit points is to trade on demo account with different tactics, use your discretion, find where pivot points are and make your targets based on the market's conditions. Post Quote Apr 16, pm Apr 16, pm. Best Regards and Wish you more success, PrinceWahaj. Renko Candlesticks. Post 20 Quote Apr 7, am Apr 7, am. Post Quote May 11, pm May 11, pm. Please keep me updated. Quoting Trade-Master. Joined Dec Status: Member 73 Posts.

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I would let you know here if i find something useful! Quoting metta I have very good results with 30 pips bricks because they don't move too fast. Joined Apr Status: sometimes here Posts. Even when it looked good in backtest , the real results may differ from the testing. To Angela , It shouldn't be a problem about Exit strategy, you will not find it easily, the best way to master the exit points is to trade on demo account with different tactics, use your discretion, find where pivot points are and make your targets based on the market's conditions. Candlestick Analysis renko highfrequencytrading scalping scalp scalptrading. Unbelievably encouraging and so I need further proof of viability. Post Comment. Other ea i found need to wait for 2 same colour bar to open position on 3rd bar. The Dow does not have decimal places! Vucking good EA coder It's not perfect but it works for me. Please keep me updated. Joined Nov Status: Member 40 Posts. Joined Jul Status: Member 1, Posts. Best to have the flexibility built in at birth. It does a great job of filtering out all the excess noise so that all we're left with is pure price action.

Indeed, i forgot to attach the files I would like to introduce my Renko-system and yes, i know, it would be the th Renko System I trade this system for about 5 months now on multiple pairs. Indicators and Strategies All Scripts. Renko Intraday Strategy. Quoting metta Joined Apr Status: Member Posts. Stochastic going above the 20 level As I said, it really is as simple as that!!! Renko Simple Trend Follower 28 replies. Renko Hacked Backtest. She said that she is using the system from last 5 months and etrade stock account what is a micro investing app brings a lot of profits for. To AngelaIt shouldn't be a problem about Exit strategy, you will not find it easily, the best way to master the exit points is to trade on demo account with different jkhy stock dividend best td ameritrade studies, use your discretion, find where pivot points are and make your targets based on the market's conditions. Maybe we could combine or share some best practices? Could you please me tell if you trade profitable with your Renko system? Renko Trading Journal 28 replies. The Dow does not have decimal places! I have never used. Post 7 Quote Apr 7, am Apr 7, am. All Scripts. Joined Jul Status: Member 8, Posts. This is live and non-repainting Renko RSI tool. This code is a custom made backtest for a Metatrader 4 EA that is being sold by another person at this link www.

My forward testing back testing haha! When it doesn't, the smaller lots have enough room to recover the loss. Just thought I would give this as an example of the power of this system As with my previous algorithm, you can plot the "Linear Break" chart on any timeframe for free! All else profit. For some reason it didn't worked out as i day trading stories horror ishares core 500 mid cap etf. Post Quote Apr 19, pm Apr 19, pm. Sometimes however, you want the pros of a renko chart, but on a regular candlestick chart. Simple Renko System replies. Brick is a part of Renko chart.

Post Quote Apr 3, pm Apr 3, pm. This script doesn't work in forward tests. Quoting marketir. Renko chart provide Time is a fundamental part of chart analysis and we are only seeing part of the picture. As with my previous algorithm, you can plot the "Linear Break" chart on any timeframe for free! Renko can be very profitable but you have to sit and stare on the screen or have an alert on color change looking for reversal which can be very quick. Renko RSI. Hello PrinceWahaj, Thanks for your nice comment! Based on trading Dow Futures only BTW, Can you post system's files please?

Post 6 Quote Edited at am Apr 7, am Edited at am. I found out that the old Renko EAs and indicators are not trust-able on the new builds after the golden and templates even worse! Time is not a factor, just price movement. Joined Apr Status: Member Posts. Hopefully you guys have some good feedback and make this strategy work even better for us! Over the years I have been reasonably profitable, but nothing that has really pleased me. Unbelievably encouraging and so I need further proof of viability. Based on sl behind 2nd brick. Most of the times my biggest lot reaches TP. I would like to introduce my Renko-system and yes, i know, it would be the th Renko System. For anyone who has followed my posts, you will know that I always practice on a live account, and I am quite happy to share the nuts and bolts, the good and the bad. Best Regards and Wish you more success, PrinceWahaj. Renko Candlesticks. Hello Angela, Its good to see that people are now taking use of Renko! I am currently working on automatic FX trading, but if manual trading is the way to make solid profits Quoting js For business. I have very good results with 30 pips bricks because they don't move too fast. Quoting PrinceJ Joined Apr Status: sometimes here Posts.

Quoting Divergence. Thanks, Angela. Signals can optionally be Other ea i found need to wait for 2 same colour bar to open position on 3rd bar. Backtesting on Non-Standard Charts: Caution! Please keep me updated. Post Quote Apr 19, pm Apr 19, pm. I can see that your question is already answered in her first post. It worked but when I next time opened the chart indicator was. BTW, Can you post system's files please? Joined Jul Status: Member 8, Posts. I'm covered call trading system lowest slippage forex broker very skilled at pinescript. The EA opens a long order at the top of green bars and a short order at the bottom of red bars, but this backtest doesn't do. You can change the backtest date at the last two lines of this script. Quoting marketir. Best Regards and Wish you more success, PrinceWahaj. Renko chart provide Exit Attachments. This is live and non-repainting Renko Charting tool. Attached Image click to enlarge. Wish you the best, Angela. R:R "Percentage Focus". About Profitable Trades, In manual systems, everyone's results will be different because everyone trade with different styles, different thoughts and with different targets.

This script doesn't work in forward tests. Use this script to create server-side alerts of renko reversals and to visually plot the signals. Angela The EA opens a long order at the top of green bars and a short order at the bottom of red bars, but this backtest doesn't do. Vdub Renko Sniper VX1 v1. Joined Mar Status: Member 4 Posts. Simple Renko System replies. It worked but when I next time opened the chart indicator was. Nims, Renko Ashi Scalping. The Captain's auto trading robot by Steve Hopwood. I noticed your experiences as forex spread widening srbija meta trader 4. Open Sources Only. Joined Apr Status: Member Posts. For some reason this one give the best results. Unbelievably encouraging and so I need further proof of viability. Show more scripts. When using this backtest, Exit Attachments. Attached Image click to enlarge.

Please don't attack this system before you tried it! Open Sources Only. Nice setup! I don't have the author's source code, but by looking at how the EA ran, it was very easy to see how it worked. The fun stuff comes when we start managing the trade, when we have had a few winners, and when we start adding to the position. Your risk reward ratio of is amazing. I now need to do paper forward testing and analysis before losing my family. Fix targets can help also but you have to use discretion to avoid false trades. I have very good results with 30 pips bricks because they don't move too fast. This indicator plots the relative number of red bricks vs green bricks. Attached Image click to enlarge. It does a great job of filtering out all the excess noise so that all we're left with is pure price action. I'm very curious about combining powerfull systems! Release Notes: Tradingview filters out many Renko Bars. In this backtest, when one short order is opened, all long orders are closed. Post Quote Apr 4, am Apr 4, am. Time is not a factor on Renko chart but as you can see with this script Renko RSI created on time chart. Nims, Renko Ashi Scalping. Over the years I have been reasonably profitable, but nothing that has really pleased me. I also have a pending order for the Dow futures please note the lot size!!!

Post 3 Quote Apr 6, pm Apr 6, pm. Renko RSI. Post Comment. For some of you who have pm'ed me regarding any screenshots of live trades for example, see the picture below. I don't have the author's source code, but by looking at how the EA ran, it was very easy to see how it worked. Due to the money management side of things, and the massive growth potential, I am not that concerned about 'right entries' but more about entering at a half decent point Hello Angela, thank you very much for sharing your system! Reason being that the buy and sell requirements MIGHT be different for different pairs or at different weeks. She said that she is using the system from last 5 months and it brings a lot of profits for her. Post Quote Jun 16, pm Jun 16, pm.