Discussion re Pure Renko strategy

Forums ProRealTime English forum ProOrder support Discussion re Pure Renko strategy

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Viewing 15 posts - 76 through 90 (of 346 total)
  • #122301

    No one is working trying to convert the strategy on higher timeframes? Maybe we can share ideas i would like to support it, it seems very interesting but i think will never put on live a strategy with 1 sec

    You have to remember that Renko doesn’t have a time component to it, only price and direction, no matter how long it takes to reach that price, similar to Point and Figure. One advantage of a 1 sec TF is that the trailing stop doesn’t have to wait to the end of a long candle before kicking in so you can get in and out very quickly.

    1 user thanked author for this post.
    #122356

    by calculation the custom entryprice (close before the market order), with an adjusted of 2,5% added. The custom entryprice is used to calculate the trailing stops & custom stoploss exit.

    (here it’s run without fifi’s mods)

     

    #122362

    Here’s an MTF variation, boxsize 24 running 0400 to 2300 but with a Hull MA on 10 second TF … seems to show some improvement but hard to tell with such a short back test. I also tried adding a momentum filter and stochasticRSI but this is the only thing that helped (i think). The best box size changes day by day…

    Position size = 1€

    1 user thanked author for this post.
    #122366

    I’m using last Paul’s version. Started this morning and stopped opening positions at 11:57Am don’t know why. No errors message, it shows that the system is still running but doesn’t do anything.

    It’s not also a problem of maximum daily orders, i’ve set it up to 1k.

    What it can be?

    #122367

    Also, my results till 11:57 on demo were so much worse from what backtest shows to me in the same time range.

    I guess it’s a point already discussed in the topic. Any solution?

    #122368

    @Francesco Probably below, it stops when short reached 1% loss, same for long. It’s handled separate. Try maxloss 100.

     

    1 user thanked author for this post.
    #122370

    Also, my results till 11:57 on demo were so much worse from what backtest shows to me in the same time range.

    I guess it’s a point already discussed in the topic. Any solution?

    Thanks Paul you’re always clear.

    Any advice for this issue?

    I’m using the strategy on Wall Street Cash (1€), maybe i should use it on Wall Street Cash (2$)?

    #122372

    The DOW presently has a spread of 9.6, not sure how long that’s been the case but it makes it almost impossible for these 1 second algos to turn a profit. I’m running 3 of them, all heavy losses today. 😒

    1 user thanked author for this post.
    #122373

    LOL right i just noticed that. No worries i think it’s just a momentaneous spread. It always have been around 2/3

    #122375

    DOW presently has a spread of 9.6

    Now there’s an idea … anybody ever done any work on coding no Trades when spread (Buy price – Sell Price) is > what IG publish as normal for respective time periods?

    #122376

    This is brilliant, not keeping an eye on the spread you could suffer big losses today.
    But i repeat, i hope it’s just a “problem” of these days due to the high volatility

    #122379

    coding no Trades when spread (Buy price – Sell Price) is >

    Now there’s a man who’s thinking.

    Personally I find it criminal that IG can change how the game is played on a whim with no announcement, no warning. How can you advertise that the spread will be 1.6 and then put it up to 9.6? People with live algos on real money could take big losses. Margin requirements have been bouncing up and down as well, way above normal.

    Now they’ve brought it down to 8.6.

    #122380

    Any help greatly appreciated!

    I’ve raised a new Topic

     

    #122389

    And the minimum stop distance is 1479 point

    #122500

    Good evening,
    There are two trailing stops so there must be different variables.

    example :

    trailingstoptype=1

    newsl1

    trailingstoptype=2

    newsl2

Viewing 15 posts - 76 through 90 (of 346 total)

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