Renko Robot

• 11/17/2020 at 8:59 PM #150828
  Youp

  Hi,

  I’m new here. Currently trialling the platform. I have developed a rather simple trading system based on Renko charts and would like to automate that. I noticed that the strategy builder does not allow you to use Renko charts to build a system with the easy buy and sell signal generator, like when you set an alarm. However, I do see people trading automated Renko systems here. So, I assume that when you code the robot directly into ProRealCode then it is possible to create an automated strategy that can run on a server and generate unimaginable amounts of money. Am I correct in that assumption?

  Thanks, Youp

  

  Youp

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  11/17/2020 at 9:42 PM #150837
  GraHal

  Youp wrote:

  Am I correct in that assumption?

  Yes you are correct, but maybe not about  … generate unimaginable amounts of money!!?? 🙂 🙂

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  Youp

  

  GraHal

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  11/17/2020 at 10:07 PM #150842
  Youp

  Thanks, then the next question becomes: can I build and run this robot also from a PRT sponsored IG account or does the code not connect to their order system?

  

  Youp

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  11/17/2020 at 10:21 PM #150844
  GraHal

  Try running the Renko Algo below and you will know and gain experience setting an Algo running.

  Defparam cumulateorders = false boxSize = 40 once renkoMax = ROUND(close / boxSize) * boxSize once renkoMin = renkoMax - boxSize IF high > renkoMax + boxSize THEN WHILE high > renkoMax + boxSize renkoMax = renkoMax + boxSize renkoMin = renkoMin + boxSize WEND ELSIF low < renkoMin - boxSize THEN WHILE low < renkoMin - boxSize renkoMax = renkoMax - boxSize renkoMin = renkoMin - boxSize WEND ENDIF buy at renkoMax + boxSize stop sellshort at renkoMin - boxSize stop

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  Defparam cumulateorders = false boxSize = 40 once renkoMax = ROUND(close / boxSize) * boxSize once renkoMin = renkoMax - boxSize IF high > renkoMax + boxSize THEN WHILE high > renkoMax + boxSize   renkoMax = renkoMax + boxSize   renkoMin = renkoMin + boxSize WEND ELSIF low < renkoMin - boxSize THEN WHILE low < renkoMin - boxSize   renkoMax = renkoMax - boxSize   renkoMin = renkoMin - boxSize WEND ENDIF buy at renkoMax + boxSize stop sellshort at renkoMin - boxSize stop

   

   

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  Youp, Léo

  

  GraHal

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