John Baibath
New Member
- Credits
- 0
JK1368 Thank you for your EA. Same as you i noticed that the draw down can grow significantly specially when there is no trend and the there are several up and down bars in a row. I think a way to avoid this is to limit the number of order at each level. tone possible way to solve this is at the end of the renko bar before new order check whether there are orders already open at that level in the same direction, and only open if there are no existing order. since the price moves and will be difficult to have a the exact same level might be better to define a range and check whether there are orders in the same direction within plus or minus x pip.Dun have to thank me cause I "clone" AK's MyRenkoStrategy EA.
My biggest concern now is to find a way on reducing the draw down when price changed direction.
AK's version still working on my VPS. Since there is open orders, EA not expiring.
But XAUUSD had a sharp fall causing basket of BUY orders in growing draw down.
As of now, AK's version having a DD of 215 and realized profit of 593.09 for this week.
Any suggestion ?
