Yes this absolutely makes sense, and it is another competent evaluation of "Q." I'll try to elaborate on my definition of "Q" : Imagine you get two different optimization results as you increase the selectiveness (rule rigidness) of Filter X: Result ...

Optimization, statistics, and avoidance of curve fitting

Yes I am aware of that. Is this indicator for MT5 or MT4? The EA is generating corrupted offline charts I am pretty sure... instead of ##RING## I get a bunch of random ascii.

Indicator of OffLine-Chart Generator

Here, I made it for you from scratch. I don't have time to program the alerts in though (not for free anyway ).

Indicator fix

You need to post the .mq4 file, not the .ex4 file if you want someone to fix the code... the file you posted is already compiled and not modifiable

Indicator fix

I'm having trouble opening the offline chart..... can I do it while the indicator is running like the renko script?

Indicator of OffLine-Chart Generator

This is getting complex so I made a little guide for posterity: 1. Download tick-by-tick data and convert it to .FXT format. This is a somewhat involved process but extremely thorough instructions are available at url . Once you are able to run the ...

Renko Block Charts

Here is a script for changing the spread. Throw it on a chart for the symbol you want to change the spread of (for my renko files, throw it on EURUSD). It will generate a new symbols.sel file in your expert/files folder. Make sure MT4 is off and ...

Renko Block Charts

Your broker may or may not have data for download. Metaquotes data is interpolated from many different brokers and is full of holes. If you are interested in interday trading, I would forget about metaquotes data entirely. Follow the steps described ...

Import a broker's historical data

Alright. Here we go. I got it right this time. The product is 2gb of REAL renko .hst files using tiny box-sizes (but still retaining total accuracy). It has to be a torrent because of the file size. Please seed guys! Time period: 2009.06.01 -> ...

Renko Block Charts

I think the point of an MA is to eliminate noise by averaging it out. You WANT an MA to lag. Imagine a hundred copies of a photograph. Suppose that each copy has been overlayed by a guassian noise filter. Each picture is an obscured and ...

The difference between a MA and a non lag MA?

I think there is also a phenomenon that occurs when you draw MT4's built-in linear regression all the way up to the 0th (most recent) bar. It locks it there. (I think..)

Linear Regression Channel problem

Sorry those are actually pretty wrong. I will repost proper ones in a bit. You can do it yourself with this modification I made of the renko EA. Run it in the strategy tester using real tick data (google "birt's tick data") and it will generate real ...

Renko Block Charts

That is a very good idea as well! Here is another idea that I've been playing around with. It seems logical to me: Say you are evaluating the effectiveness of a filter. You get one optimization with 1324 trades and a profit factor of 1.67; another ...

Optimization, statistics, and avoidance of curve fitting

It would be cool if you could overlay different size renkos on top of each other.

Renko Block Charts

Maybe tradestation can do it. I'm not sure though. Sorry I can't be of more help.

Renko charts in the trading simulator

I don't know... what is your box size? If you had the renko generating live, and you have not restarted MT4, then they are correct. Otherwise, they are correct only if the box size is greater than the largest M1 bar (or whatever timeframe you're ...

Renko Block Charts

They do not repaint but generating renko from M1 data with a small box size leads to completely false renko charts. They look like massive triangles. Renko is useless for backtests or on historic data unless you generate them from ticks.

Renko Block Charts

Sorry I should have been more clear: I often have a basket of currencies open and I would like to close them upon an unusually large divergence (if I am in profit). For example, imagine I went long on EUR/USD and short on GBP/USD at the same time. ...

Recent Strength indicator

Well if you want to try my trading simulator, I just posted it: url

Renko charts in the trading simulator