Discussion re Pure Renko strategy
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- This topic has 345 replies, 24 voices, and was last updated 4 years ago by bertrandpinoy.
Tagged: renko
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04/02/2020 at 3:54 PM #12437904/02/2020 at 4:07 PM #124381
mmm….plenty of ideas! a preset price I don’t see it, time could be usefull & easy. The HH/LL have to think of a bit more. Maybe in an mtf setting?
I’ve nothing solid myself yet. Don’t like averages, but thought maybe start renko (re)calculation at crossing i.e. ma100 crosses over/under ma200. That’s easy too.
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04/02/2020 at 8:30 PM #124403This strategy seems to work really well with daily optimasation and only trading between 13:30 – 16:00 UK time. During this time there is high volatility. I tested 14:30 – 16:00 but had less good results in both forward testing and back testing. I think it would be great to build in some kind of volatility filter that would only trade if certain amount of volatility (maybe in a higher TF?) meets the criteria. It’s obvious, but it seems to work less well in choppy markets and when there isn’t a lot of volume.
I’m considering that Nicolas “Volatility scalper indicator” https://www.prorealcode.com/prorealtime-indicators/volatility-scalper-indicator/ could be a good contender.
Any thoughts on this?
04/02/2020 at 8:35 PM #124404I optimized at 14 today. I have added time > 140000 and time < 180000 for buy/sell. I have renkotype 1 and box size 100. 🙂 tomorrow probably something different 😛
04/02/2020 at 9:11 PM #12440504/02/2020 at 9:34 PM #124411Good evening,
A link may be of interest.https://ovo.cz/products/offline-charts-for-mt4/point-original-bars/
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04/02/2020 at 10:00 PM #124412I optimized at 14 today. I have added time > 140000 and time < 180000 for buy/sell. I have renkotype 1 and box size 100.
So how did it do from 140000 to 180000?
Be useful for us all if you could post results please?
04/02/2020 at 10:38 PM #124414About Volatility scalper indicator, i think it’s interesting .. maybe another topic for new strat…
I quickly tested another strategy with it on 1S UT / DJI 2$ / spread 2, linked to long MM and volatility time of DJI, trailing stop (875$ on 1 day.. bullish only for the moment.. )
I don’t know for the moment if it’s good or not.. but maybe there is a way to have gain quickly.. or not 😉 ..
04/03/2020 at 8:28 AM #124428maybe another topic for new strat
Be good if you raised a new Topic and post the code for the results you showed … looks interesting, could be our new 1 sec System? 🙂
PS what is UT an abbreviation for … seems to be the new term for TF?? 🙂
04/03/2020 at 9:59 AM #124438Here’s a small contribution to the ongoing Renko project, added SuperTrend on 1m TF
Attached is comparison with renko-v3.2-dji-10-secV2.itf
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04/03/2020 at 9:59 AM #12444104/03/2020 at 10:42 AM #124449added SuperTrend on 1m TF
Wow … loads better on 1 sec TF (compared to 10sec) All settings same as in your .itf
04/03/2020 at 11:28 AM #124461For 1 sec, better is SuperTrend on 30sec TF (7,5)
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04/03/2020 at 2:23 PM #124488Hi guys, quite new on this forum so just a noobie at the moment. But wouldn’t it be great with a trand follow indicator on a higher TF to check if the trend is up or down. Then change the box size after that. For example if the trend is up we want to make it easier to go long because it going more up then down in a up trend. And reverse if down trend.
Also got a question, trying out Renko v2.3pR dji S1 mod fifi with insane results after put it on yesterday. If I should put the exact same code on in the weekend, would it give me the same results next week? I mean because of the renko.
04/03/2020 at 3:11 PM #124496 -
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