Renko Chart Backtest

Arthur Singer 2022.05.13 21:51

Hello, is it possible to make a Renko chart backtest based on real ticks? Because when you do a backtest, the Renko chart does not move, but a whole candlestick appears at once.

Fernando Carreiro 2022.05.13 22:19 #1

Arthur Singer: Hello, is it possible to make a Renko chart backtest based on real ticks? Because when you do a backtest, the Renko chart does not move, but a whole candlestick appears at once.

Since you posted in the MQL5 section, I will assume you are asking about MT5. Then the answer is yes, assuming Custom Symbols were used for the Renko.

However, the way you phrase your question and mention that "the Renko chart does not move", then either you are talking about MT4 or your Renko is based on M1 data and not tick data.

So, please clarify your question for a more precise answer.

Backtesting with tick data Same data, different MT5, All historical Bid price

Arthur Singer 2022.05.13 22:39 #2

Yes, the Renko is based on M1 chart, can that be changed to tick and then backtest with it?

Fernando Carreiro 2022.05.13 22:56 #3

Arthur Singer #: Yes, the Renko is based on M1 chart, can that be changed to tick and then backtest with it?

Only if your Renko generator is capable of creating a Custom Symbol with tick data history, with functions like CustomTicksAdd or CustomTicksReplace.

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