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| GG Renko bricks https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1677 |
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| Author: | Generaal Goudvis [ Sat Mar 23, 2013 6:59 pm ] |
| Post subject: | GG Renko bricks |
To all coders-united, Your help is needed. I have a strategy (based on Renko bricks) I actually trade on a live account. It works with pretty decent revenues. And with my basic knowledge of coding....I haven’t managed to make an EA out of it. The input: EMA 10 EMA30 EMA 60 Rencko bricksize 10 Let’s start with a picture:  What is the moment of entry for an uptrend? steady trend, based on EMA10, 30 and 60 are all lined up like the dutch flag one brick down (blue) followed by two bricks up (red) that is your entry point (this is the highest orange line) stoploss just a full brick below the blue brick (40 pips in a bricksize of 10) in the picture the lowest orange line You only take your profit in two occasions: a predefined takeprofit; I normally use 80 pips or more the stoploss is always a full brick below the lowest low (so the lowest blue brick) (this is to me a manual trailing stop) To me this makes perfect sense, and above all steady pips. And knowing the brightest minds are on this forum.....the downtrend is the exact opposite. But as stated I can’t make a working EA. So please help me with this. Ask me all questions and let’s try to make something beautiful. Generaal Goudvis ----------------------- after two weeks; Steve rolled up his sleeves and started coding------------- Steve coded "version 1". After an adjustment made by Niepce...I uploaded this version in the first post. So everybody can start from here.... |
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| Author: | SteveHopwood [ Sat Mar 23, 2013 11:53 pm ] |
| Post subject: | Re: GG Renko bricks |
Hi GG I am just flagging up my interest in this here. I am a pianist by trade, and for pianists the picture is always feast or famine. Right now, I am so busy I barely know what my own name is. So, there is nothing I cab do right now. If nobody has coded this for you by the end of next week, send me a pm with a link to here as a nudge. I can knock this ea together in half an hour, and will have emerged from my busy time by then. |
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| Author: | Generaal Goudvis [ Mon Mar 25, 2013 7:18 pm ] |
| Post subject: | Re: GG Renko bricks |
Hi All, In this weekend I have combined my thoughts in a document.....As I got a first reply early sunday-morning from Steve. To make sure I am able to get my mindset and rules across to all you coders, I made this document. As you can expect from a goldfish (with a memory span of three seconds)....fairly easy to understand. Isn't it? Hope this helps. Happy blupping Generaal Goudvis |
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| Author: | Generaal Goudvis [ Wed Mar 27, 2013 9:10 pm ] |
| Post subject: | Re: GG Renko bricks |
Just an update: 3 days 5 trades 2 losses, total -/- 80 pips 3 wins, total +\+ 240 pips So overall around 150 pips Average 50 per day |
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| Author: | niepce [ Fri Mar 29, 2013 5:20 pm ] |
| Post subject: | Re: GG Renko bricks |
Hi My Generaal, I am currious to know since when you have been trading this strategy live ? |
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| Author: | Generaal Goudvis [ Sat Mar 30, 2013 7:24 am ] |
| Post subject: | Re: GG Renko bricks |
I am using this strategy since October last year. Any thoughts Niepce? |
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| Author: | niepce [ Sun Mar 31, 2013 4:16 pm ] |
| Post subject: | Re: GG Renko bricks |
Im basically suscribed to this! I can't promise an EA before Steve's but I will look into this. |
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| Author: | Generaal Goudvis [ Sun Mar 31, 2013 5:46 pm ] |
| Post subject: | Re: GG Renko bricks |
Hi Neipce, many thanks for your interest..... hopefully we can make something beautiful....for me it is a test whether I am using this mechanical or -still a bit- discretionary. happy Easter. |
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| Author: | Generaal Goudvis [ Mon Apr 01, 2013 2:45 pm ] |
| Post subject: | Re: GG Renko bricks |
All, firstly to Niepce...I am sorry for the previous typo..... And never trade during Eastermonday....But what if you already had open trades???....let the eggs be warm and welcome in the basket.....My result of today: Two trades (usdjpy and gbpusd) brought me maximum rides, according to my strategy. happy Easter and pips to all. |
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| Author: | Generaal Goudvis [ Mon Apr 01, 2013 8:55 pm ] |
| Post subject: | Re: GG Renko bricks |
Just browsing the forum and looking into every corner of Steve's achievements..... And stumbled upon the Tiger EA wit the Octomanoak Simple Reversal Candle Strategy incorporated. And it's based on TDI instead of a plain EMA[close} cross of 10,30,60. But it has my reversal pattern in it if you adjust the value of 2 pips tot the initial Renko bricksize. Will it work on Renko? I am not sure, but I put it on demo and will find out the next days. If someone has advice or sees a possibility to take this EA as a startingpoint......please do so. |
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