Backtesting a Renko EA
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.
Fernando Carreiro:
Thanks
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.
Azid Sanu:
Thanks
1. Do you know which third party software I can use?
Thanks
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"!
Fernando Carreiro:
Thank you very much I will give this a go
Advertising is not allowed here, so use Google with keywords "Renko FXT Builder"!
Backtesting a Renko EA on MT4
Is it possible?
If yes how?
Please Help :(