New EA RENKO EMA ROBOT Expert

[SpeedBug]

I think the problem with Renko EAs is that the backtests are applied on standard candles.

 

[SpeedBug]

I think the problem with Renko EAs is that the backtests are applied on standard candles.

What I mean is surely Renko EAs can only work on Renko charts? So they must be backtested on Renko charts.

 

[maxip]

Thanks for sharing. Hopefully we can profit from this advisor. thanks again

 

[Anandhamani]

Description
Features

• Automatically selects the best stop loss which cuts possible drawdown to a minimum
• Optimized for the fastest possible execution, works by open prices. So you can select Open prices only model in the tester without any qualms, which ensures the fastest optimization
• The EA only works with its own orders marking them using the ea_magic parameter (unique magic number) and will never mix them up with orders of other EAs (which have different magic number), as well as with manually opened orders
• Protecting against failures due to disconnections or terminal disabling. When the terminal is enabled and connection is restored, the EA will keep working with its orders
• Automated recalculation of parameters according to number of digits in the account’s quotes

Parameters

• n_digits – number of digits in quotes the settings are optimized for
• take_profit – take profit
• stop_loss – stop loss
• lots – volume of performed trades
• slippage – allowed slippage
• ea_magic – magic number of placed orders
• sl_on_ma – allow to calculate an optimized stop loss
• sl_dist – stop loss distance
• ma1_period – first EMA period
• ma2_period – second EMA period
• ma3_period – third EMA period

EA not working for me. Any body have the set file

 

[wikitwtibird]

Description
Features

• Automatically selects the best stop loss which cuts possible drawdown to a minimum
• Optimized for the fastest possible execution, works by open prices. So you can select Open prices only model in the tester without any qualms, which ensures the fastest optimization
• The EA only works with its own orders marking them using the ea_magic parameter (unique magic number) and will never mix them up with orders of other EAs (which have different magic number), as well as with manually opened orders
• Protecting against failures due to disconnections or terminal disabling. When the terminal is enabled and connection is restored, the EA will keep working with its orders
• Automated recalculation of parameters according to number of digits in the account’s quotes

Parameters

• n_digits – number of digits in quotes the settings are optimized for
• take_profit – take profit
• stop_loss – stop loss
• lots – volume of performed trades
• slippage – allowed slippage
• ea_magic – magic number of placed orders
• sl_on_ma – allow to calculate an optimized stop loss
• sl_dist – stop loss distance
• ma1_period – first EMA period
• ma2_period – second EMA period
• ma3_period – third EMA period

good EA