Renko EA Trader
Renko EA TRADER is a is a fully automated Expert Advisor on renko bars with no use of martingale. Able to trade on NEWs even with
high LOT with no fear!
Renko EA TRADER strategy is based on oppening trades after every Renko box opened in a specific direction, see the Youtube Video to understand more.
https://www.youtube.com/watch?v=HkC7D6yCSkw
live trading video : https://www.youtube.com/watch?v=GFoxCwsPEIc
General Recommendations :
The minimum deposit is $100, it is highly recommended to use a 0 spread account or fixed low spread. best box size is 5, Best Pair : EURUSD and Gold.
EA is safe on News with a good money management.
FOR BACKTESTING
1 : Download this EA Renko backtester from my drive : https://drive.google.com/open?id=16-NFbOZFZIf20-UGePotvgXvH_e1iO59
( an image is included in the zip file for the configs)
2: Check this TUTORIAL for backtesting on Renko Chart : https://www.youtube.com/watch?v=WGJKtp5tEGk
3: have a problem ? contact me inbox!
How to run it:
1. Download any Renko chart Generator and copy it into your Experts
folder.
2. Enable Allow DLL import in Tools>Options>Expert Advisors tab.
3. Refresh your MT4
platform's navigator window (or restart MT4).
4. Open a M1 chart (for example, EURUSD, M1) and attach the EA to the chart.
5. Wait for the EA to convert the
history data of M1 bars into Renko bricks. (
the Market should be open)
6. From File menu, select Open Offline and choose
the symbol with the selected Renko time frame (for our example, it is
EURUSD, M2 chart).
Now you can attach the RENKO EA TRADER to the opened Renko chart.
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