Backtesting a Renko EA

Gazi Deen Islam 2018.01.16 00:45

Backtesting a Renko EA on MT4

Is it possible?

If yes how?

Please Help :(

Fernando Carreiro 2018.01.16 02:56 #1

Azid Sanu: Backtesting a Renko EA on MT4 - Is it possible? If yes how?

Yes! Assuming the Renko EA requires the use of an MT4 Offline Chart, then there are two ways:

One way is to use 3rd party tools to generate FXT backtest files in a OHLC format in accordance to the Renko rules/parameters, just like the Offline Chart data.
Another way, is to modify the EA so that it auto-generates the Renko data so that it will no longer depend on an Offline Chart and in so doing can be tested as a regular EA.

Is there a way Elite indicators :) Renko or Range bars

Gazi Deen Islam 2018.01.21 16:27 #2

Fernando Carreiro:

Yes! Assuming the Renko EA requires the use of an MT4 Offline Chart, then there are two ways:

One way is to use 3rd party tools to generate FXT backtest files in a OHLC format in accordance to the Renko rules/parameters, just like the Offline Chart data.
Another way, is to modify the EA so that it auto-generates the Renko data so that it will no longer depend on an Offline Chart and in so doing can be tested as a regular EA.

Thanks

Gazi Deen Islam 2018.01.21 16:29 #3

Azid Sanu:
Thanks

1. Do you know which third party software I can use?

Fernando Carreiro 2018.01.21 16:56 #4

Azid Sanu: 1. Do you know which third party software I can use?

Advertising is not allowed here, so use Google with keywords "Renko FXT Builder"!

Gazi Deen Islam 2018.01.21 16:59 #5

Fernando Carreiro:

Advertising is not allowed here, so use Google with keywords "Renko FXT Builder"!

Thank you very much I will give this a go