Time based Renko EA | Foreign exchange indicator download - MT4/MT5 resources
This is the time based Renko indicator for mt4. It is time-dependent, so a Renko pattern will only be confirmed if a specific candle closes above or below the respective Renko level.
Trading time-based Renko eliminates a lot of hassle.
I will attach the diagram work in my next post.
I have the overlay but I'm having trouble making a simple thing that can be bought and sold as a brick forms. I don't know how to incorporate buffer values into the EA.
My plan is explained below:
Trading time-based Renko eliminates a lot of hassle.
I will attach the diagram work in my next post.
I have the overlay but I'm having trouble making a simple thing that can be bought and sold as a brick forms. I don't know how to incorporate buffer values into the EA.
My plan is explained below:
- First get a simple brick changing buy/sell EA for bacteria testing different timeframes
- With this data, I will try to incorporate the strategy I developed on the spreadsheet.
- Preview: Every/Alternate/Each Alternate/Multiple TF/ETC..
- Add reminder
- Pay attention to transaction alerts
Thanks
The EA should do the following:
- Buy when the Bull Renko pattern is confirmed
- Sell when bear brick is confirmed
- Exit a trade when opposing signals appear
- That's it! ! ! !
Attached here is the brick overlay:
Attachment to original post (1)
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •