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RenkoExpert

FREE

Published: 15 December 2017

Current version: 6.8

RenkoExpert

Name: RenkoExpert
Rating: 3.6666667 (3 reviews)
Author: Andrey Goida

3.67

Experts
Andrey Goida
Version: 6.8
Updated: 25 June 2023

Renko Expert Advisor based on Renko bar simulation.

The EA has two options for building Renko bars. Classic and ATR. In the classic version, renko bars are marked with areas on the main chart; in the ATR version, renko bars are modeled and drawn in the indicator window. Modeling renko bars inside the EA allows you to optimize the robot better than drawing renko bars offline.

Telegramm channel

Set file

Our second robot RENKOTREND

Does not use martingale!

Trades opened by the robot comply with the FIFO standard!

Works with any broker on any type of accounts!

After downloading from the market, set the default settings. Or load the settings from the settings folder.

The EA uses many filters and indicators. The exit from the position is carried out according to the target time system, which consists of 7 blocks, each block is optimized for a specific market situation. It is also possible to use the classic stop loss and take profit.

In addition, there is a block that allows you to close positions when a certain profit or loss is reached separately for sell orders and buy orders, both as a percentage of the deposit and as a fixed amount.

It is possible to work with three types of orders: market orders, pending stop and limit orders, and an order tracking system when a pending order lags behind the price.

The EA works well on all currency pairs, cryptocurrencies, stocks, futures and indices. Each instrument has its own settings.

Default settings for the EURUSD pair on the m1 timeframe.

You can find a more detailed description of the parameters and settings of various tools in our blog on mql 5 or in the telegram channel.

more...

631

Ahmed Aboud Ahmed Mohammedalhassan - 2021.12.22 08:09 #

Best expert for traders

wsonic 2020.06.12 19:41 #

Excellent performance on USDCAD and EURUSD. Smart pending order, good risk management and great reversal entry position and management. Highly recommended.

The idea of the system is to indentify the reversal patterns using the calculation of the composite candle. The reversal patterns is similar to the "Hammer" and "Hanging Man" patterns in Japanese candlestick analysis. But it uses the composite candle instead the single candle and doesn't need the small body of the composite candle to confirm the reversal. Input parameters: Range - maximal number of bars, used in the calculation of the composite candle. Minimum - minimal size of the composite can

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The indicator displays a renko chart and a supertrend indicator in real time. After installing the indicator, the window will display the Renko chart and the supertrend indicator in the same window. This allows you to more clearly and visually see the entry and exit points when a trend reversal occurs. The signal to open a position is the intersection of the Renko candlestick of the supertrend indicator point and the appearance of the opposite signal of the supertrend indicator. The indicator

FREE

Fully automatic trading system that trades Renko bars and trend indicators. Renko bars are drawn in the indicator window below the chart. The signal to sell or buy is the intersection of renko and indicator signal. The default settings for the euro / dollar pair, t he EA has shown the best results for the pair GBPJPY and GOLD . The timeframe for trading is m1. There is a time filter. The EA has an autolot system. Our telegram channel After installing the EA, download the installation set

FREE

Filter:

[Deleted] 2024.05.19 04:22 #

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Phillipploo 2023.01.24 19:45 #

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Faradayx 2023.01.23 11:49 #

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631

Ahmed Aboud Ahmed Mohammedalhassan - 2021.12.22 08:09 #

Best expert for traders

Samuel Kimball 2021.10.28 19:08 #

User didn't leave any comment to the rating

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Reply from developer Andrey Goida 2021.10.30 08:47 #

The review was written in error and does not correspond to reality. https://www.mql5.com/en/market/product/26221#!tab=comments&page=5&comment=25513124

Eugene73 2021.10.27 11:53 #

User didn't leave any comment to the rating

4407

Reply from developer Andrey Goida 2023.01.21 15:59 #

Thanks!

118

MichaelZ 2021.04.13 10:40 #

User didn't leave any comment to the rating

4407

Reply from developer Andrey Goida 2023.01.21 16:02 #

We've done some work on the bugs. In the latest version, all your comments have been corrected. Thank you very much for your feedback!

Shpejtim Agushi 2020.07.09 10:22 #

User didn't leave any comment to the rating

wsonic 2020.06.12 19:41 #

Excellent performance on USDCAD and EURUSD. Smart pending order, good risk management and great reversal entry position and management. Highly recommended.

Version 6.8 2023.06.25

Update Defaults and Filters

Version 6.5 2023.04.05

Default settings for USDCAD

Version 6.4 2023.03.21

Changing the default settings

Version 6.3 2023.03.06

change default settings

Version 6.2 2023.03.05

change default settings

Version 6.1 2023.02.23

General improvement

Version 6.0 2023.02.13

general improvement

Version 5.57 2023.02.07

General improved

Version 5.55 2023.02.01

General improvement

Version 5.5 2023.01.26

Added one more block for time trading

Version 5.4 2023.01.24

General improved

Version 5.3 2023.01.24

general improvement. Drawdown reduction

Version 5.2 2023.01.24

General improvement. Drawdown reduction

Version 5.1 2023.01.21

Общее улучшение

Version 5.0 2023.01.19

Added two more filters by indicator MFI
General improvement

Version 4.9 2022.12.30

Added filter by MA. General improvement.

Version 4.7 2022.09.12

change default settings

Version 4.6 2022.02.14

Настройки по умолчанию

Version 4.3 2021.12.05

Общее улучшение Именение параметров по умолчанию

Version 4.2 2021.11.23

Общее улучшение Именение настроек по умолчанию

Version 4.1 2021.11.10

Общее улучшение алгоритма. Именение настроек по умолчанию.

Version 4.0 2021.11.04

Общее улучшение.

Version 3.391 2021.10.26

Общее улучшение.

Version 3.39 2021.10.25

Изменение параметров тпо умолчанию.

Version 3.38 2021.01.15

added the ability to close the parameter close losse profit in percent

Version 3.37 2020.12.18

General update.

Version 3.36 2020.12.06

Bugs fixed. Changed the parameters of closing on a reverse signal.

Version 3.35 2020.11.09

General improvement. Default settings changed

Version 3.33 2020.10.04

added the ability to select a timeframe for the indicator separately

Version 3.32 2020.06.19

Fixed deferredFixed bug with setting peting

Version 3.31 2020.06.09

Added option to select profit lock. In deposit currency or balance percentage.

Version 3.3 2020.06.09

Added option to select profit lock. In deposit currency or balance percentage

Version 3.2 2020.05.25

Added time target system for Lock orders.

Version 3.1 2020.05.07

Added filter MFI . General improvement of the trading algorithm.

Version 2.9 2020.03.11

Genera improvements Change default settings

Version 2.8 2020.02.26

Overall improvement

Version 2.7 2020.02.17

General improvement. Change default settings

Version 2.6 2020.02.16

General improvement. Change default settings

Version 2.5 2020.02.11

Overall improvement

Version 2.4 2020.02.09

Changes to the time target system. Renko bars rendering in Renko classic mode in the chart window.

Version 2.3 2020.02.09

Improved system time target

Version 2.2 2020.01.16

Overall improvement

Version 2.1 2019.12.30

Overall improvement

Version 2.0 2019.12.23

General improvements

Version 1.99 2019.12.13

Общее улучшение.

Version 1.98 2019.12.12

General improvement. Changed default settings. Improved lock work.

Version 1.97 2019.11.21

Added new lock function

Version 1.96 2019.10.17

Обшее улучшение

Version 1.95 2019.09.30

Общее улучшение.

Version 1.94 2019.09.23

Общее улучшение.

Version 1.93 2019.09.06

Общее улучшение.

Version 1.92 2019.09.04

Исправлено время торговли. Общее улучшение.

Version 1.91 2019.08.25

Общее улучшение.отрисовка Ренко баров выведена в окно индикаторов.

Version 1.90 2019.08.24

Добавлено сдвиг Ренко баров.

Version 1.89 2019.08.20

Общее улучшение

Version 1.88 2019.08.19

Общее улучшение.

Version 1.87 2019.07.02

Added a new model of Renko bars. Renko bars on the chart
Added new feature tracking stop order Pending stop order

Version 1.86 2019.04.10

Доработан алгоритм открытия отложенных ордеров. Общее улучшение

Version 1.85 2019.03.28

Добавлена функцию отложенных ордеров.
Добавлено закрытие по еквити.

Version 1.80 2019.02.25

Добавлен стоп лосс к лок позициям и ораниченик на количество открываемых лок позиций.

Version 1.79 2019.02.18

add function locke

Version 1.78 2019.01.30

Увеличено количество параметра Target до 30

Version 1.77 2019.01.04

Изменения в настройках по умолчанию. Увеличено число target до 24

Version 1.76 2018.12.09

изменения в настройках по умолчанию

Version 1.75 2018.11.26

New target 21

Version 1.74 2018.11.14

Изменились настройки по умолчанию

Version 1.73 2018.11.09

Обновились настройки по умолчанию.

Version 1.72 2018.11.01

Изменились настройки по умолчанию

Version 1.71 2018.10.26

Изменились настройки по умолчанию

Version 1.7 2018.10.10

Изменились настройки по умолчанию. Исправлены ошибки для новой версии мт5

Version 1.5 2018.05.18

Fixed minor bugs. Added MACD filter.

Version 1.4 2018.04.13

updated the default settings

Version 1.2 2018.01.09

Added one more MA filter. When setting the value, note that MaPeriod1 should always be greater than MaPeriod

Version 1.1 2017.12.26

Added parameter WaitingBar. Count bars wait before open position - how many renko bars should be formed before a position is opened. That is, if you specify 2, then there should be 2 bullish or bearish bars, and then other conditions for entry are checked.