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Kenko Trend Trader mt4

This is the EA version of the Kenko Trend Indicator mt4. It follows the trend on all instruments and trading pairs according to my improved step and ladder technique.


INTRODUCTION

For anyone studying forex charts, the aim is to identify trends, and spot reversals. If you have years of experience it may be easy, but most of us need something to make the trend apparent. If you're familiar with the popular renko charting method, you know that it was developed for this purpose. But renko charting has a flaw; the trend is often broken by false reversals. So I developed my own version - the Kenko Trend Indicator - which draws renko style trend following blocks over the chart using my improved step and ladder technique. It is non-repainting. The kenko trend trader simply trades according to the trend identified by the kenko trend indicator. 


The improved step and ladder technique is simple:

- kenko blocks are drawn only when a new candle opens

- the close price of the previous candle is used to determine whether a new block should be drawn; the wicks are ignored as they may give false signals

- a new position is opened whenever the trend changes from up to down (blue block to red block) or vice versa (red block to blue block)


INSTRUMENTS

The kenko trend trader works on all instruments, including;

- all currency pairs, such as EURUSD, AUDCAD, NZDJPY, etc

- metals like XAUUSD, XAGUSD, etc

- stock CFDs like AAPL

- stock index CFDs like SP500

- cryptocurrency CFDs like BTCUSD, XRPUSD, etc

- anything that can be traded on Metatrader 4


The block size may be different for each instrument. The most popular instruments already have default block sizes coded into the EA. However, you can set your own custom block size for any instrument in the settings when launching the EA.


TIMEFRAME

The kenko trend trader works on all timeframes.  I recommend the 1 hour (h1) timeframe (personal preference), but you can use any timeframe according to your trading rules and goals.


SET UP

For best results, make use of a VPS (virtual private server), so that the EA can trade 24/7.

Please ensure that the market watch contains ONLY the instruments you wish to trade with the EA, and nothing else. The expert counts the number of instruments displayed in market watch and uses the figure for money management calculations.

I recommend trading a portfolio of at least five (5) instruments simultaneously on one account


CAPITAL

I recommend starting with at least $500 capital for trading a portfolio of ten (10) currency pairs with the default settings.


FUTURE UPDATES

I am working to make the kenko trend trader more effective when trading with very minimal capital.

I am also working to make it more effective when trading with only one instrument.


ADDITIONAL INFORMATION

An mt5 version is available; get it on my products page.

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HFT Prop Firm EA
Dilwyn Tng
4.96 (668)
HFT Prop Firm EA, noto anche come Green Man per via del suo logo distintivo, è un Expert Advisor (EA) progettato specificamente per superare le sfide o le valutazioni delle società di trading proprietarie (prop firms) che consentono strategie di trading ad alta frequenza (HFT). Per un periodo limitato: utilità gratuite del valore di $198 quando acquisti HFT Prop Firm EA Versione MT5: https://www.mql5.com/en/market/product/117386 Monitoraggio delle prestazioni della sfida HFT (a partire da $200):
Bitcoin Expert
Elif Kaya
5 (4)
I just sell my products in Elif Kaya Profile , any other websites are stolen old versions, So no any new updates or support. - Lifetime update free -   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam Strategy Tester is not covered critical news. Bitcoin is a cryptocurrency, a
Secret Impulse MT4
Eugen Funk
3.5 (18)
L'EA (Expert Advisor) apre una posizione quando il mercato inizia a muoversi durante la sessione di New York (volume più alto). In questo modo, il momentum viene mantenuto dal volume e possiamo raggiungere il Take Profit con alta probabilità in modo immediato. Segnale (292%, 10% DD):   https ://www .mql5 .com /en /signals /2274145 Entrata basata sul momentum durante la sessione di New York L'EA rileva l'impulso nascosto attraverso gli FVG (Fair Value Gaps) su timeframe inferiori. Quando l'impuls
Infinity Trader EA
Lachezar Krastev
5 (11)
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CyNera MT4
Svetlana Pawlowna Grosshans
2.8 (15)
CyNera: Il Tuo Trading, La Nostra Tecnologia Segnali >400%:  CyNera Segnali >500%: CyNera Turbo Manuale e file di configurazione: contattami dopo l'acquisto per ricevere il manuale e i file di configurazione Prezzo: Il prezzo aumenta in base al numero di licenze vendute Copie disponibili: 4 Il trading dell'oro, uno degli strumenti più volatili sul mercato, richiede precisione, analisi approfondita e una solida gestione del rischio. Il CyNera Expert Advisor integra perfettamente questi elementi
LENA Scalp
Cence Jk Oizeijoozzisa
4.4 (5)
LENA Scalp Con tecnologia avanzata di stop-loss utilizzando intelligenza artificiale, Lena Expert Advisor offre un'esperienza di trading innovativa. Il robot di Lena evita livelli elevati di stop-loss, Martingale e trading a griglia. Invece, utilizza un sistema di stop-loss dinamico che si adatta alle condizioni di mercato. L'analisi basata sull'intelligenza artificiale aiuta a identificare opportunità chiave nel mercato, allineandosi alla sua strategia progettata con cura. Questa soluzione di
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For anyone studying forex charts, the aim is to identify trends, and spot reversals. If you have years of experience it may be easy, but most of us need something to make the trend apparent. If you're familiar with the popular renko charting method, you know that it was developed for this purpose. But   renko charting has a flaw; the trend is often broken by false reversals. So I developed my own version - the Kenko Trend Indicator. The kenko trend indicator draws renko style trend following blo
Range Break Index EA
Felix Kenechi Onodu
Questo EA scambia gli indici di range break da derivati.com su mt5 Esalta il mercato dopo ogni picco, prendendo ogni ordine con livelli di stop loss e take profit. Dispone inoltre di una regolazione automatica intelligente della dimensione del lotto in caso di perdite. STRUMENTI Indici Range Break 100 e Range Break 200 da derivati.com LASSO DI TEMPO m1 (un minuto di tempo) consigliato IMPOSTAZIONI Stop loss in punti: dimensione dello stop loss in punti. Predefinito = 1000 Metodo T
Trendy Boom and Crash Trader
Felix Kenechi Onodu
3 (1)
INTRODUZIONE Progettato per negoziare gli indici di boom e crash di deriv.com su mt5, Trendy EA è uno scalper coerente. Utilizza una o due medie mobili per determinare la tendenza, quindi il fantastico oscillatore viene utilizzato per identificare i punti di ingresso. Tutta l'analisi viene eseguita nell'intervallo di tempo di 1 minuto e ogni posizione viene aperta con livelli di stop loss e take profit. CARATTERISTICHE Configurazione rapida utilizzando le modalità di trading Fai trading
Kenko Trend Indicator mt5
Felix Kenechi Onodu
5 (1)
For anyone studying forex charts, the aim is to identify trends, and spot reversals. If you have years of experience it may be easy, but most of us need something to make the trend apparent. If you're familiar with the popular renko charting method, you know that it was developed for this purpose. But renko charting has a flaw; the trend is often broken by false reversals. So I developed my own version - the Kenko Trend Indicator. The kenko trend indicator draws renko style trend following block
Kenko Trend Trader
Felix Kenechi Onodu
This is the EA version of the Kenko Trend Indicator mt5. It follows the trend on all instruments and trading pairs according to my improved step and ladder technique. INTRODUCTION For anyone studying forex charts, the aim is to identify trends, and spot reversals.   If you have years of experience it may be easy, but most of us need something to make the trend apparent. If you're familiar with the popular renko charting method, you know that it was developed for this purpose.   But   renko char
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Versione 7.22 2021.09.08
Minor changes to the order comment function.