A new version of the indicator with Body Size Alarm is released.

Looking for a Pip Count Candle Indicator

Hi pipphunter! At that time I had written a Neural Network package for mql4 that I could either train/inference in mql4, or train a model in pytorch and import it to mql4. These days you can export your trained model (in python) to ONNX format and ...

Renko Trading Discussion

Perhaps a good time for scalping :⁠-⁠)

Renko Trading Discussion

Hi, I will enable recording data in the next releases... /Matt

Speedometer (Points/Sec)

Hi, Unfortunately it is not possible to use the existing MTF indicators as MT4 platform doesn't support chart timeframes less than M1. P.S. only possible by programming some special MTF indicator that is aware of seconds charts... /Matt

N-Second Chart Creator EA

Market price is a non-stationary time series, so having access to a deeper history of the price could not improve the statistical parameters estimations of the current time However, a strategy which is able to extract partly the true signal (i.e., ...

Survivorship Bias

One way to represent the market price (e.g., Forex, Stock, etc.) is to consider it as a signal plus noise that has a very low Signal to Noise Ratio (SNR). A tool to analyze such phenomena is Signal Theory. In this manner, a strategy is called to ...

Survivorship Bias

Version 2.03 of MathTrader7_RenkoStreetEA has been released (I updated Post 1). In this version I fixed a bug with money management algorithm, simplified trailing stop loss settings, and embedded RenkoStreetChannel indicator into the EA. I am ...

Renko Trading Discussion

Version 2.00 of MathTrader7_RenkoStreetEA has been released (I updated Post 1). In this version I have added a small panel to show the status of the trades. It has been compiled with MT4 build 1360.

Renko Trading Discussion

Version 3.39 of MathTrader7_RenkoEA has been released (I updated Post 1). In this version a problem with stochastic filter has been fixed, and the EA has been compiled with MT4 build 1360.

Renko Trading Discussion

Version 3.38 of MathTrader7_RenkoEA has been released (I updated Post 1). In this version a small panel to show the trade status has been added, and the EA has been compiled with MT4 build 1353. image

Renko Trading Discussion

Hi Hercs, To my understanding, the spread of your asset is not 40 points, it might be 4000 (four thousands) points. You shall set the max spread to, for example, 5000 points. /Matt

Renko Trading Discussion

Hi Hercs! Yes, you can add it to the file name of the EA. It wouldn't affect the EA operation. /Matt

Renko Trading Discussion

Version 3.37 of MathTrader7_RenkoEA has been released (I updated Post 1). In this version a bug related to the stochastic filter disabling fixed, and the EA has been compiled with MT4 build 1350.

Renko Trading Discussion

Hi, I don't have such Renko trading EA, nor do I have time to develop it. But if you read posts in this thread, you might find some EA that trades similar to your strategy. /Matt

Renko Trading Discussion

Hi, Unfortunately it is not possible to convert EX4 files to working EX5 files without a thorough programming effort. /Matt

Non-gap Renko Chart Creator EA

Hi, One way (that I have already implemented in one of my own Renko builders) is to sync with the OPEN of the daily candle. I might add such functionality to the non-gap Renko creator EA as an option in the next versions. /Matt

Non-gap Renko Chart Creator EA

Hi, I don't have the MT5 version. And I don't have time to work on it. /Matt

N-Ticks Chart Creator EA

Hi, Below 3 seconds, according to my experience, is not reliable. Such charts shall be created by the broker (and needs support by the platform, as well). /Matt

N-Second Chart Creator EA

Hi emmzett, Thanks for reporting your observation. As you have noticed, the EA algorithm has been written with the essential assumption of receiving all the ticks live. When one or more ticks are missing from the broker's server, there is no ...

N-Second Chart Creator EA