I need an indicator I have to be turned into and EA

2019.03.21 Experts

Job finished

Execution time 1 day
Feedback from customer
Great job... knows what he is doing and gets it done. Great Job!

Specification

Renko EA


I need an EA based on a renko overlay indicator. I can send the indicator code as soon as the job is agreed upon.


  1. Strategy 1 - Just uses Renko Overlay 1

  2. Strategy 2 - Uses a larger Renko Confirm Overlay 2 to confirm direction of trades of Renko Overlay 1


I have pictures of the strategy I use in Tradingview to give you an idea.

Renko Overlay

EA uses renko indicator for signals for trades


Strategy 1 (does not use Confirm Renko Overlay)

Renko Brick Overlay 1

Renko Overlay 1 Up = enter long / exit all shorts

Renko Overlay 1 Down = exit all longs / enter short

Strategy 2

Renko Confirm Overlay 2 confirms up tend or down trend (Renko Confirm must be larger than Renko Brick Overlay 1)

     

If Renko Confirm Overlay 2 is up bar start longs     

            Renko Overlay 1 Up = enter long

Renko Overlay 1 Down = exit all longs


If Renko Confirm Overlay 2 is down bar

Renko Overlay 1 Down = enter short

Renko Overlay 1 Up = exit short all shorts

EA Settings


Renko Settings  


Renko Brick Size = size of Renko brick

Number of Renko Bricks For Trade = Number of renko bricks that must be formed before before trades begin 0=trades start immediately as soon as signal to trade is given. If =1 then there must be one renko brick formed in the direction of the up or down renko brick before trades start. If =2 then there must be 2 bricks formed… so on and so on

Confirm Brick = Uses second larger brick size to filter long or shorts. If TRUE filter is on, if FALSE then no filter is used.  

Confirm Brick Size = Size of confirm brick (must be bigger than renko brick size)


Money Management

Fixed Lots=true Risk=false

Fixed Lots = Each trade will be the same fixed lot size

Risk= Percent of Account for each trade (if account is $1000 and risk is 10 then the trade will be $100)


Trades

Number of Trades = Number of trades taken (1 trade on each brick, so there will be a trade on each brick moving in the same direction. So when the next bar up it will enter another trade until number of trades is reached)


Close Trades

Stop Loss = Size of stop loss, each trade gets its own stop loss (0 = no stop loss)

Trailing Stop Loss = Size of trailing stop loss, each trade gets its own trailing stop loss (0 = no trailing stop loss)

Take Profit = Size of take profit, each trade gets its own take profit. (if 0 = no take profit and all trades will be closed on renko direction change)


EA Settings


Renko Brick Size

25

Number of Renko Bricks For Trade

0

Confirm Brick True or false

TRUE

Confirm Brick Size (must be bigger than renko brick size)

50



Money management


Fixed Lots=true Risk=false

TRUE

Fixed Lots

0.1

Risk (percent of account)

5



Trades


Number of Trades

1



Close Trades


Stop Loss (0 = no stop loss)

25

Trailing Stop Loss (0 = no trailing stop loss)

50

Take Profit (0 = no take profit)

150



Files:

PNG
Renko_6.png
30.0 Kb
PNG
Renko_5.png
29.3 Kb
PNG
Renko_4.png
106.7 Kb
PNG
Renko_3.png
97.2 Kb
PNG
Renko_2.png
99.5 Kb
PNG
Renko.png
112.5 Kb

Responded

1
Developer 1
2019.03.21
Rating
4.87
(388)
Projects
634
33%
Arbitration
51
16% / 29%
Overdue
137
22%
Loaded
2
Developer 2
2019.03.21
Rating
4.69
(35)
Projects
58
24%
Arbitration
10
0% / 80%
Overdue
14
24%
Free
3
Developer 3
2019.03.21
Rating
4.96
(1402)
Projects
1778
61%
Arbitration
58
40% / 16%
Overdue
360
20%
Working
4
Developer 4
2019.03.21
Rating
4.79
(19)
Projects
22
14%
Arbitration
5
0% / 100%
Overdue
3
14%
Working
5
Developer 5
2019.03.22
Rating
5
(4)
Projects
4
0%
Arbitration
0
Overdue
0
Free
6
Developer 6
2019.03.23
Rating
4
(1)
Projects
2
0%
Arbitration
1
0% / 100%
Overdue
2
100%
Free
7
Developer 7
2019.03.23
Rating
5
(3)
Projects
5
0%
Arbitration
0
Overdue
2
40%
Busy

Project information

Budget
50+ USD
Deadlines
to 10 day(s)