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Zurathustra replied Aug 1, 2010I'm not getting around that issue, thats what I'm talking about when I keep saying "Spread Death" or "Getting killed on spread". If I could eliminate that ONE problem, this system would be profitable, but I'll be damned if I can think of a way to do ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 30, 2010Well to be honest I'd rather keep any work on this out in the open so that everyone can contribute and benefit, so any help you can provide please feel free to share with everyone else here. Though I personally feel this particular concept has hit a ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 25, 2010Unfortunately hiding the data on a forming bar is not an option as that data is needed, otherwise I would just use "complete bars" for my entries and exits. However use of complete bars negates the "accuracy" of detecting the direction change; no it ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 23, 2010After leaving the EA to trade on its on for a bit, two things have come to my attention: 1. By making the Buffer = Renko brick size the EA become profitable 2. A failure in my coding logic is causing some trades to turn into worse loosers then they ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 22, 2010Well... it seems my little experiment in insanity "may" have hit pay dirt. On a whim I changed the "buffer" to be the same size as my Renko brick. Here are the results I got over the last trade session I tested. image 1. Buy -2 2. Sell +6 3. Buy ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 21, 2010Hmm, your able to get Renko to backtest?
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 21, 2010Well, using 0 Buffer has proven to be a very bad idea, my trade list if full of 100+ trades where I lost 1-2 pips. But still the EA catches those runs right when they start. So my conclusion so far is that trading this system "could" be very ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 20, 2010Not only has IBFX switched to 5 Digit, but they also implemented something that they are calling "Core". Effectively making IBFX a Semi ECN broker. As such any EA that attempts to: Send Slippage Send TP Send SL With the trade will not work. After ...
Nanningbob 60x90 EA
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Zurathustra replied Jul 20, 2010Heh, well many a year ago I took computer science in college where I learned some programming skills. Over the years I have dabbled here and there with game modding, "hax", scripting, and ui modding, mostly for games. As far as MQL4 code, if I count ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 20, 2010I agree having some SL is safe for those rare occasions your in a trade and you computer or internet connection dies. You could use a SL as small as one complete Renko Brick with this system. So, after I posted here last night I cobbled together an ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 20, 2010Yeah, I'm in the process of cobbling together an EA to test this concept with, but its not helping that my broker suddenly became a quasi ECN over the weekend so I'm having issues getting the code to work like I want it to. So far I can get it to ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 20, 2010Thats just it, I am and it makes perfect sense to me. For example: 25 PiP Renko Brick Size 25 PiP TP No Stoploss Long Entry = Close > Open Short Entry = Close < Open Exit = Signal Reverse So with a Renko Step Chart we know that: OPEN = Previous Bar ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 19, 2010Really, all you need is the StepChart 3.2 EA to create your renko chart, and yes you drop it on a 1M chart. The screenshot above is with a 25 pip brick size. I would "love" to create a very simple EA to test out this crazy theory but for some reason ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 19, 2010Quick question, has anyone been able to get these (or any) EA to actually make trades using IBFX since they did their change over this weekend? I busted out some of my older EA's and tested them but for some reason I'm getting no trades and no error ...
Old Dog with New Tricks
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Zurathustra replied Jul 19, 2010After staring at this renko chart long enough it occured to me there is a way to win 100% of the time. Its so blatantly simple that I had to ask myself if perhaps I had gone crazy.. or maybe I'm seeing something that isn't there. Here is the chart ...
Renko Trading For Gamers (RTFG)
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Zurathustra replied Jul 19, 2010So if I understand that statement correctly, my Cycle Count should not currently be 501634 as it is Monday, the EA is on a 1 minute chart, and I know I'm getting ticks. I set it up on another chart to see if I can use Reverse Trades = True with a TP ...
Old Dog with New Tricks
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Zurathustra replied Jul 19, 2010So I follow your advice and tried again changing the optimization from success score to win rate and sure enough it appears to be "working". Funny it didn't work when being optimized for success score and a minimum success score of 0 setting. ...
Old Dog with New Tricks
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Zurathustra replied Jul 19, 2010Using IBFX as my broker, I am limited to 50 lots on a single trade. I'm guessing by the time I'm trading 50 lots at 100:1 leverage I STILL wont have any impact on the market as a whole. I suppose I "could" open multiple 50 lot trades, but why would ...
When does a trader outgrow their trade size?
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Zurathustra replied Jul 19, 2010OK, so after reading and re-reading how to get this EA working, I "believe" I have everything set up correctly. So after dropping it on a chart I've been waiting now for several hours for it to finish optimizing, but nothing has changed since I ...
Old Dog with New Tricks
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Zurathustra replied Jul 18, 2010OK, being that I'm using IBFX as well here are some "problems" I've run into. First, being that I am using Windows 7, windows likes to "lock" programs out from editing files in their default installation directory of "C
rogram FilesInterbank FX". ...Old Dog with New Tricks