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    "Renko Style" EA with trailling Stop, without indicator.

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    • R
      Renko Trader last edited by

      Hi to Forum! I'm new here (Beginner) and look if somebody can help me a bit.

      I want to make "Renko Style" EA without indicator.
      If sell trade is open = trailing stop, if stoped out then open new buy trade (reverse). And vice versa...
      I have problems to program "open buy after a sell is closed with trailing stop and vice versa"

      Hope somebody can give me example...
      Thank you!

      Greets Rene from Switzerland

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      • M
        miro1360 last edited by

        https://fxdreema.com/shared/vyN1rZPZb

        0_1550503605728_1e1d07ad-858d-42c5-9f1c-20da840ea174-image.png

        Between trading and gambling is a very small gap, be careful.

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        • R
          Renko Trader last edited by

          Thank you "miro1360" for the fast answer!
          I see you have the code "on Trade", i made all "on Tick", maybe a problem.
          My last version have 2 blocks "check type (last closed)".
          Is this the same? Like your number 10 and 12?
          In backtests it never opens sell trades, buy trades only...
          I will look how to share my projects here in the forum.

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          • R
            Renko Trader last edited by

            Here is one example from my projects (Renko Style EA):
            https://fxdreema.com/shared/X4TYd7jBd
            In backtests it don't open sell trades...

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            • M
              miro1360 last edited by

              It should have similiar result ..
              But these pink blocks needs additional filtering ...
              And for checking only a last trade change the parameter "Not more than "n" history trades" to 1:

              0_1550554480346_cb7ecb0f-bb51-4de5-8eed-66e6c3860222-image.png

              Between trading and gambling is a very small gap, be careful.

              R 1 Reply Last reply Reply Quote 1
              • R
                Renko Trader @miro1360 last edited by

                @miro1360 Thank you again for your time and work! Now i have a working version! What makes me very happy! But the bad side is, the results from backtest looks all negative....
                Will make more backtests with different "Brick" size and with different markets, indices, forex......
                But i learned much in the last days trying the full day programming and trying. And your work was a big help for me! Other tests with Tradingview gave me allways very promising results with Renko, don't know why, but will try other strategies.... 🙂

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                • M
                  miro1360 last edited by

                  Go through all my posts, try them as examples and that way you can learn a lot 🙂

                  Between trading and gambling is a very small gap, be careful.

                  R 1 Reply Last reply Reply Quote 1
                  • R
                    Renko Trader @miro1360 last edited by

                    @miro1360 Thank you, i'm realy a bit depressiv in the moment, have to find a new way to make money, my life is not easy, but everyday i search for a way to make money. I'm very happy you helped me so much with your knowledge!

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                    • fxDreema
                      fxDreema last edited by

                      If you are depressive, I don't think the place for you is in Forex. We all know the reality - most people lose money in Forex. This is brutal speculation where you have no control on the price. And when we add margin, eventually you will only sit and pray for the price to go back in your favor.

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