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USDJPY

on November 06, 2015

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USDJPY

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How to fake MyFXBook forex trading results

I hopw this will answer the question about our public MyFXBook results

Renko EA Trader

We're currently working on a renko EA that can trade renko bricks. This is to be released soon and will be bundled with the renko EA that is designed to build the renko charts.
Update 1 Below is just a glimpse of the settings. This will be a simple EA, that (at the moment) can: - open/close trades when the new renko brick forms - set up a take profit and stop loss for the opened orders - follow a trend based on a moving average defined by the trader We don't plan to make this an all in one EA. If you were looking for more options (hedging, trailing etc), please try the other trend trading EAs that we have released, such as Fluid or NonLagMA.
Update 2 The trend detector of the renko trading expert advisor is using the PSAR indicator. This proved to be more reliable than moving averages, at least for renko charts. The Renko EA will also benefit from the swing zone confirmation algorithm, that will allow the EA to filter some entries. This renko EA can also be used on the normal candlesti…

[UPDATE] Trailing Stop EA v2.62

A minor change has been done to this version, and this is the way the expert advisor opens trades when testing in the strategy tester. With this version it opens trades continuously, giving the trader the possibility to analyze how the EA trails opened trades faster and more precise.The expert advisor was designed to trail one or more opened trades, and not to trade by itself. It can, however, open random trades in the strategy tester, so the traders can see how it would normally manage opened trades and find the settings according to their needs.

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