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New EA RENKO EMA ROBOT Expert

3.00 star(s) 2 Votes

bhushansky

Well-Known Member
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
 

Attachments

  • Renko ema robot.zip
    72.1 KB · Views: 183
There is no modeling quality. Its trading from a Renko chart.
Backtests on Renko charts are not reliable because of the possible different starting points of the Renko chart generator.
 

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