Discussing the article: "Predicting Renko Bars with CatBoost AI"
You can't get more than 63 per cent. Whatever signs are added. 63 for forex is a fiasco
I got more than 75% on Midas (multimodular, where many modules combine their signals into a single signal). But then another problem arises - signals once a month and a half))))The more reliable the signal, the less often it occurs...That's why I started to forget about high winrate in recent robots, I try to predict the depth of movements to take the risk to profit in 1:3, 1:4, etc. I set up marks in such a way that they give bonuses to models through DQN for correct marking of deep movements....This eventually resulted in the robot LSTM Europe.
I got above 75% on Midas (multi-modular, where many modules combine their signals into a single signal). But then another problem arises - signals once a month and a half))))The more reliable the signal, the less often it occurs...That's why I started to forget about high profitability in recent robots, I try to predict the depth of movements to take the risk to profit in 1:3, 1:4, etc. I set up marks in such a way that they give bonuses to models through DQN for correct marking of deep movements....This eventually resulted in the robot LSTM Europe.
75 on LTSM at lookback = 5 bars_ahead = 1 but this is for binary trading, not for forex.
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Check out the new article: Predicting Renko Bars with CatBoost AI.
In the silence of my study, only the monitor screen glows. The MetaTrader 5 terminal produces the latest tick data, and the algorithm I developed methodically transforms the market chaos into an orderly system of Renko bars. Three a.m. is the time when real trading strategies are born. I run my hand over my unshaven chin and take a sip of my now cold coffee, my favorite Carte Noir. The model's accuracy of 59.27% is a victory. A real victory for those who understand the unpredictable nature of financial markets.
I first encountered Renko charts at a conference in Singapore. A Japanese trader, whose name I promised never to reveal, showed me his terminal with unusual rectangular blocks instead of the usual candlesticks. "These are Renko charts," he said, "charts that show only what matters - price movement".
In a world oversaturated with information, Renko charts offer digital Zen — stripping away noise, time factor and anything else that distracts from the true movement of the market. Each new block is formed only when the price moves a certain distance up or down. There is incredible power hidden in this simplicity.
Author: Yevgeniy Koshtenko