Discussion re Pure Renko strategy
- This topic has 345 replies, 24 voices, and was last updated 3 years ago by
.
-
It’s daft really as on manual trades I can open 5 trades separately and then close 5 separately.
Yes but you can’t do it as fast as an automatic strategy could which is perhaps why a certain broker is quite happy to not let you do it. They need to balance their books against every trade and every potential profit or loss and they perhaps prefer things to be happening a little slower so that they can do that?
1 user thanked author for this post.
it’s informational and as Francesco pointed out. In it’s basics it’s obvious, but with numbers it’s more interesting.
And I should let it go, but one more, now with the cursor on the first bar and as comparison counting the number of hours too.
Sometimes, even when at or very close to the first bar, you get still a number which is below deducted from the total on the right.
you get this, the nettohour/bars are most important.
timeframe total hours total bars end (right) begin (left) netto hours end (right) begin (left) netto bars hours*bars 1s 73 0 73 200.499 565 199.934 14.595.182 2s 142 12 130 219.939 20.065 199.874 25.983.620 10s 142 0 142 49.978 0 49.978 7.096.876 in the indicators I used
1return barindexand for hours
12345if hour<>hour[1] thenhc=hc+1endifreturn hc as "hour counter"it doesn’t prove anything but questions, is the 2s timeframe the best tf because of the (close to) highest number of bars & (close to) most number of hours to build a strategy on (in a timeframe below 1 min)? I find it hard to get good results on this btw.
3 users thanked author for this post.
100% today with ML-kod Valuey set for box size 90, Valuex for renkotyp. 0.2 contract.
3 users thanked author for this post.
your work is huge on the renko.. i always thought it was utopian to do a strategy on this but with dynamic boxsize trough machine learning, it can make sense
Congrats for that !
1 user thanked author for this post.
I have tested Bards excellent code both live and demo, exact same algo, that started on the exact same time. The stop don’t act the same. In live the stop is really trailing, and i can see it trailing in the chart. But not in demo it seems to allow it to draw back further when in gain, max loss is still the trailing stop value. Avg loosing trade is the trailing stop value (within a few bucks) after 40 trades (46% winning) and in live the avg loss is about half the trailing stop value.
In demo the trade stops out in loss or reverse position in gain and then stops out with trailing value loss. Have much better gain in demo then in live on same bot after 6 hours. Maybe i will start another bot with fixed stop to compare the outcome?
Im €400 in gain in demo (1 contract) and about €100 in gain in live with exactly the same bot from the same time. I think that it makes the winners run further in demo because of the stop issue. The max winning in demo is 190 and in live 55.
1 user thanked author for this post.
Find exclusive trading pro-tools on 
