Hi Abokwaik, I just binge-read this entire thread in two days. Love the bots you've built and will be sure to test them all and post any refinements I find.
It's your Ladder System that lead me to your thread. I came across the following video on another forum:
I've been using your ladder system to manually manage trades to replicate what's happening in the video, with some decent success.
I usually only trade London Session to avoid choppy markets.
I set it to only buy or only sell, based on the trend direction I can see on higher timeframes, so it doesn't open a oppostie trade when it hits SL.
I think this would be a great opportunity to complete the ladder system into a fully fledged EA and not just a management system.
Buy Rule: Previous Renko Bar must be Bullish, after a Bearish Bar.
Sell Rull Previous Renko Bar must be Bearish, After a Bullish Bar.
Either trade should exit by hitting stop loss when the renko bar changes direction.
This combined with a breakout filter, HTF trend filter or another filter to avoid choppy markets would make this a very successful EA I reckon.
Would love to hear your thoughts on this Abokwaik!
Thanks for the great read and all your effort on these bots. look forward to posting some forward testing results.
It's your Ladder System that lead me to your thread. I came across the following video on another forum:
Inserted Video
I've been using your ladder system to manually manage trades to replicate what's happening in the video, with some decent success.
I usually only trade London Session to avoid choppy markets.
I set it to only buy or only sell, based on the trend direction I can see on higher timeframes, so it doesn't open a oppostie trade when it hits SL.
I think this would be a great opportunity to complete the ladder system into a fully fledged EA and not just a management system.
Buy Rule: Previous Renko Bar must be Bullish, after a Bearish Bar.
Sell Rull Previous Renko Bar must be Bearish, After a Bullish Bar.
Either trade should exit by hitting stop loss when the renko bar changes direction.
This combined with a breakout filter, HTF trend filter or another filter to avoid choppy markets would make this a very successful EA I reckon.
Would love to hear your thoughts on this Abokwaik!
Thanks for the great read and all your effort on these bots. look forward to posting some forward testing results.
1