Renko Masterx
- Indicators
- Abdulkarim Karazon
- Version: 1.0
- Activations: 15
Renko Masterx is a mt4 arrow type indicator that is designed to trade renko charts , this indicator has a backtesting dashboard that tells the trader useful info such as winrate and points won, it also gives tp and sl in atr x multiplication, this indicator gives its signal on bar open or intra bar, and it has a white marker that will mark the exact price where the signal were given, the way to use this indicator is by opening a buy or sell according to the arrow given by the indicator and to set TP and SL as given by the indicator also.
Parameters :
Master period : signal period
TP ATR : take profit value to draw on each signal
SL ATR : stop loss value to draw on each signal
ATR PERIOD : tp/sl values are generated by multiplying this ATR value
TIME FILTER : when use the indicator will give win/loss stats based on signals given by this filter dates
MISC : alerts/arrow size/dashboard position x y
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