Jump to content

peterke

Members
  • Posts

    35
  • Joined

  • Last visited

Posts posted by peterke

  1. Re: Developing S/R Expert : Highly Profitable : 99 % Accuracy

     

    Hi, Harsh 124, interesting system. As a thought if peple are concerned about the SR indicator repainting why not replace it with a non repainting version. To me the strategy is about the entry on the break of the SR. This would allow better testing to occur.

     

    Where would you place you stop loss in this system?

     

    rgds

    Peter

  2. Re: Renko Ashi 2.0 System

     

    @peterke

     

    THANKS :shand: :shand:

     

    Can u post the file to 4sh@red ?

     

     

    http://www.f0rexfactory.com/showthread.php?p=3274411&posted=1#post3274411

     

    Link to the revised ea and entry indiocator here.

     

    I have also copied some notes to expalin how this works.

     

    The EA is designed as a multi purpose renko and normal chart trading EA.

     

    I have looked at enough indicators to realise that all do basically the same thing or a line that is crossed with a variation on a MA and a stochastic of some type. I choose QQE as it seems to work well with the faster moving pairs that I think suit renko trading and gives a faster entry signal than other indicators.

     

     

    It needs to be optimised for what you are trying to achieve. The default parameters are not suitable for trading renko as they are.

     

    You need to establish what you are trying to do. The EA allows you to do either scalping ( in the direction of the trend if you want) or trying to take all the movement in a trend ( again in the direction of the trend if you want. The stop loss / exit is set at a close below/ above the ma so need to set at say 5:2:1.

     

    1. Option 1 Scalp.

     

    Pick a pair such as EJ with 10 pip blocks. Trade in the direction of the zig zag take ( set at say 50:38:7) entries on 1/2 ma cross over, if you use the QQE set at say 1:5:1. Take a 7 pip take profit.

    If Eur pairs try the Zig zag at say 25:18:

     

    2. Option 2 Trend trade.

     

    Modify parameters to suit a slower entry and an exit that allows for a one or even two block pull back, Don't set a tp and it will close with the QQE crossover. If you don't set the QQE right it will close quickly. Try 2:13:2

     

    Renko Block sizing

     

    If you have renko bars to small it will wipsaw you out.

     

    For each pair you will need to set block sizes to suit. My observation is

    GB pairs probably 15 pips or 20 pips

    JPY pairs probably 10 pips

    USD and EUr pairs proablably 5 pips.

     

    Set it to trade when there is volume in the pairs you are looking to trade

     

    For those looking to add overlays to the basic renko bars you can do this bit it won't impact the EA

     

     

     

    rgds

     

    Peter

  3. Re: Renko Ashi 2.0 System

     

    K, No problem, I provided it free by posting it on another site for everyones use. Parts of it are from a posting that I "found' on this site so quite happy with the sharing spirit

     

    Attached is the latest version which has some new features like day of week and time.

    rgerds

     

    Peter

     

     

    Hii peter :)

     

    here we have only few RULES :

    #1

    "SHARING SPIRIT" = NO ONE SELLS ANYTHING!

    #2

    GOD, MEMBER-MODERATOR AND SPECTATOR DOES NOT LIKE CEMPLON(SCAM-BULLISH CRAP-ETC) AT ANY WAY AND CAUSE.

     

    despite the fact that u re posting the EA with EX4 we just want to ask u permission to post it for FREE :)

     

    :-bd

     

    Regards .

     

    K

  4. Re: Renko Ashi 2.0 System

     

    Hi, I am the person who had peterea1 developed, it is still in testing/development as we need to work on getting the right zigzag and ma combinations, it will trade but doesn't work well at the moment. It is designed for use as both a scalping or trending EA by changing the parameters.

    Lord FX model is a trend follower.

     

    The problem to resolve with all renko ea is false entries.

     

     

    Any input welcome

     

    tks

    Peter

     

     

    Here is a snapshot of how the system is working:

     

    http://www3.pic-upload.de/27.11.09/72p5ilr2hhr.gif

     

    I found a renko EA but didn´t get it working:

    http://www.file-upload.net/download-2041112/PeterEA1.ex4.html

     

    Template:

    http://www.file-upload.net/download-2041117/peterea1-renko.tpl.html

     

    Could somebody have a look if this EA is working with that system? If not could somebody create an EA (with SL for false signals) for the Renko Ashi system, please? That would be great! ^:)^

    Best regards and thank you for your efforts!

     

    Editied ; use code and :) dont let the live links in your post, pal !

     

    K

×
×
  • Create New...