Need help for a renko based strategy (Nicholas i need u)

• 08/17/2017 at 2:50 PM #44118
  edored

  I wrote a code to trade renko pullbacks in the daily chart, but it doesn’t function, someone can please help? I know the code is realy rude but it’s the first time for me to coding, be patient to understand it.

  Renko trend follower - here's the code

  renkoboxsize = 0.0085 // DIMENSIONE COSTANTE IN PIPS DEL BOX RENKO count = 0 i = 0 boxes1 = 0 boxes2 = 0 actualbox = 0 // Controlliamo se il box attuale è verde o rosso WHILE (count = 0) sum = close[i] - close[i + 1] + sum IF sum >= renkoboxsize THEN actualbox = 1 // Il box attuale è verde boxes1 = boxes1 + 1 count = 1 ELSE IF sum <= renkoboxsize * -1 THEN actualbox = 2 // Il box attuale è rosso boxes1 = boxes1 + 1 count = 1 ENDIF ENDIF i = i + 1 WEND sum = 0 count = 0 // Il box precedente a quello attuale deve essere di colore opposto, verifichiamolo: WHILE (count = 0 ) sum = close[i] - close[i + 1] + sum IF sum >= renkoboxsize * 2 AND actualbox = 2 THEN verify = 2 // Il trend deve essere negativo boxes1 = boxes1 + 1 count = 1 ELSE IF sum <= renkoboxsize * -2 AND actualbox = 1 THEN verify = 1 // Il trend deve essere positivo boxes1 = boxes1 + 1 count = 1 ENDIF ENDIF i = i + 1 WEND sum = 0 count = 0 // Ora dobbiamo andare a ritroso per verificare in che trend ci troviamo if verify = 1 THEN While count = 0 sum = close[i] - close[i + 1] + sum if sum <= renkoboxsize * -1 THEN boxes1 = boxes1 + 1 sum = 0 ENDIF if sum >= renkoboxsize * 2 THEN count = 1 ENDIF i = i + 1 WEND count = 0 sum = 0 while count = 0 sum = close[i] - close[i + 1] + sum if sum >= renkoboxsize then boxes2 = boxes2 + 1 sum = 0 ENDIF if sum <= renkoboxsize * -2 then count = 1 boxes2 = boxes2 + 1 endif i = i + 1 WEND sum = 0 count = 0 endif if verify = 2 THEN While count = 0 sum = close[i] - close[i + 1] + sum if sum >= renkoboxsize THEN boxes1 = boxes1 + 1 sum = 0 ENDIF if sum <= renkoboxsize * -2 THEN count = 1 ENDIF i = i + 1 WEND count = 0 sum = 0 while count = 0 sum = close[i] - close[i + 1] + sum if sum <= renkoboxsize * -1 then boxes2 = boxes2 + 1 sum = 0 ENDIF if sum >= renkoboxsize * 2 then count = 1 boxes2 = boxes2 + 1 endif i = i + 1 WEND sum = 0 count = 0 endif IF verify = 1 AND CountofLongShares = 0 AND CountofShortShares = 0 THEN IF boxes1 <= boxes2 THEN BUY 1 SHARES AT MARKET SET TARGET PROFIT 850 SET STOP LOSS 1720 ENDIF ENDIF IF verify = 2 AND CountofLongShares = 0 AND CountofShortShares = 0 THEN IF boxes1 <= boxes2 THEN SELLSHORT 1 SHARES AT MARKET SET TARGET PROFIT 850 SET STOP LOSS 1720 endif endif

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  renkoboxsize = 0.0085 // DIMENSIONE COSTANTE IN PIPS DEL BOX RENKO count = 0 i = 0 boxes1 = 0 boxes2 = 0 actualbox = 0       // Controlliamo se il box attuale è verde o rosso WHILE (count = 0) sum = close[i] - close[i + 1] + sum     IF sum >= renkoboxsize THEN   actualbox = 1 // Il box attuale è verde boxes1 = boxes1 + 1 count = 1 ELSE IF sum <= renkoboxsize * -1 THEN   actualbox = 2 // Il box attuale è rosso boxes1 = boxes1 + 1 count = 1   ENDIF ENDIF   i = i + 1 WEND sum = 0   count = 0   // Il box precedente a quello attuale deve essere di colore opposto, verifichiamolo:   WHILE (count = 0 )   sum = close[i] - close[i + 1] + sum       IF sum >= renkoboxsize * 2 AND actualbox = 2 THEN   verify = 2 // Il trend deve essere negativo boxes1 = boxes1 + 1 count = 1       ELSE   IF sum <= renkoboxsize * -2 AND actualbox = 1 THEN   verify = 1 // Il trend deve essere positivo boxes1 = boxes1 + 1 count = 1         ENDIF   ENDIF   i = i + 1 WEND sum = 0   count = 0   // Ora dobbiamo andare a ritroso per verificare in che trend ci troviamo if verify = 1 THEN While count = 0 sum = close[i] - close[i + 1] + sum if sum <= renkoboxsize * -1 THEN boxes1 = boxes1 + 1 sum = 0 ENDIF if sum >= renkoboxsize * 2 THEN count = 1 ENDIF i = i + 1 WEND count = 0 sum = 0 while count = 0 sum = close[i] - close[i + 1] + sum if sum >= renkoboxsize then boxes2 = boxes2 + 1 sum = 0 ENDIF if sum <= renkoboxsize * -2 then count = 1 boxes2 = boxes2 + 1 endif i = i + 1 WEND sum = 0 count = 0 endif if verify = 2 THEN While count = 0 sum = close[i] - close[i + 1] + sum if sum >= renkoboxsize  THEN boxes1 = boxes1 + 1 sum = 0 ENDIF if sum <= renkoboxsize * -2 THEN count = 1 ENDIF i = i + 1 WEND count = 0 sum = 0 while count = 0 sum = close[i] - close[i + 1] + sum if sum <= renkoboxsize * -1 then boxes2 = boxes2 + 1 sum = 0 ENDIF if sum >= renkoboxsize * 2 then count = 1 boxes2 = boxes2 + 1 endif i = i + 1 WEND sum = 0 count = 0 endif   IF verify = 1 AND  CountofLongShares = 0  AND CountofShortShares = 0 THEN IF boxes1  <= boxes2  THEN   BUY 1 SHARES AT MARKET SET TARGET PROFIT 850 SET STOP LOSS 1720 ENDIF ENDIF   IF verify = 2 AND CountofLongShares = 0  AND CountofShortShares = 0 THEN IF boxes1  <= boxes2  THEN   SELLSHORT 1 SHARES AT MARKET SET TARGET PROFIT 850 SET STOP LOSS 1720 endif endif

   

  

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  08/17/2017 at 4:30 PM #44133
  edored

  The renko box size in the code is used in EUR/USD and the backtest must be done form 2 years ago. TY

  

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  08/17/2017 at 8:04 PM #44143
  Jessar

  Glaube sie nicht das sie bei solchen takeprofit und stoplos zielen sehr hohe übernacht kosten bekommen werden?

  Do not you think they will get very high overnight costs at such takeprofit and stoplos?

  

  Jessar

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  08/17/2017 at 8:28 PM #44145
  edored

  Jess non conosco il tedesco ma credo che tu mi abbia chiesto se non credo che il risk/reward sia a mio svantaggio. Ovvio. Ma se guardi il grafico giornaliero da due anni fa fino ad oggi con un valore unità renko di 0.0085 ci sono più di una decina di segnali e tutti in profitto quindi niente falsi segnali. Keep it simple

  Jess do not know German but I think you asked me if I do not think risk / reward is to my disadvantage. Obvious. But if you look at the daily chart from two years ago to today with a renko unit value of 0.0085 there are more than a dozen signals and all in profit thus no false signals. Keep it simple

  

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  08/19/2017 at 6:23 PM #44235
  Nicolas

  Please guys, I’m not here to translate all your posts in the correct forum language! This is the English forum, please speak in English!! Thank you 😉

  
  @edored

  I’m sorry but your code is not so clear. Why are you making so much WHILE/WEND loops? It may have sense for you, but I still don’t get it myself sorry 🙂

  About your post:

  edored wrote:

  and the backtest must be done form 2 years ago. TY

  I can help for sure to create code for you, but you’ll have to make test on your own of course.

  So, in order to help you with speed and efficiency, could you please describe the whole strategy in English words? Screenshot like you made in your first post is greatly appreciated.

  

  Nicolas

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