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New EA Renko Donchian ea

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I been using renko live charts
i have been testing it on EUR/USD with 2 pip blocks and channel period 15 it has been working really good
It should work on any pair just have to find the best block size and channel period for pairs you want to use
 

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dartmyth after placing all files in given folder. we have to open two charts one live chart and run Ranko EA and other chart offline and place template to offline chart inwhich ranko bars appear or have to set on live chart. plz explain little mor
 
liaqat said:
dartmyth after placing all files in given folder. we have to open two charts one live chart and run Ranko EA and other chart offline and place template to offline chart inwhich ranko bars appear or have to set on live chart. plz explain little mor
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You have to open a 1M chart and put the renko chart live pimped on it and open a offline chart that the template is for and it should load the indicator and EA
 
cirilo said:
It really is not opening orders :think:
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1. You have to make sure that the indicator does not have soehoe in the name if it does you have to take it out.
2. The EA will only open a order after a bar breaks above or below the mid line (the purple line the indicator draws on the chart) so if when the EA is put on the chart their is two or more bars above or below the line it will not open a order till a new signal for buy or sell is hit.
3. You can use any pip size you want. the best way to set up the EA is adjust the channel period of the indicator and look where it will buy and sell and when you find the setting you want set the channel period of the EA to same thing you set the indicator at.
For a example on EUR/USD I have my renko box size 2 pips and the channel period i am using is 15
 
dartmyth said:
1. You have to make sure that the indicator does not have soehoe in the name if it does you have to take it out.
2. The EA will only open a order after a bar breaks above or below the mid line (the purple line the indicator draws on the chart) so if when the EA is put on the chart their is two or more bars above or below the line it will not open a order till a new signal for buy or sell is hit.
3. You can use any pip size you want. the best way to set up the EA is adjust the channel period of the indicator and look where it will buy and sell and when you find the setting you want set the channel period of the EA to same thing you set the indicator at.
For a example on EUR/USD I have my renko box size 2 pips and the channel period i am using is 15
Click to expand...
What take profit and stoploss do you use for EUR/USD ? The default 100 for both? Also do you use trailing stop? If so what settings? Thanks
 
John Peterson said:
What take profit and stoploss do you use for EUR/USD ? The default 100 for both? Also do you use trailing stop? If so what settings? Thanks
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i dont use the stoploss or take profit i set them to 0 and i dont use the trailing stop I had the coder add them in their cause some people like to have them in their EA's
I only got this EA from the coder last friday so i am still testing and messing with it.
 
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