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Time based Renko EA | Foreign exchange indicator download - MT4/MT5 resources

author EAcpu | 2 reads | 0 comments |
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:

  1. First get a simple brick changing buy/sell EA for bacteria testing different timeframes
  2. With this data, I will try to incorporate the strategy I developed on the spreadsheet.
  3. Preview: Every/Alternate/Each Alternate/Multiple TF/ETC..
  4. Add reminder
  5. Pay attention to transaction alerts

Thanks

The EA should do the following:

  1. Buy when the Bull Renko pattern is confirmed
  2. Sell ​​when bear brick is confirmed
  3. Exit a trade when opposing signals appear
  4. That's it! ! ! !

Attached here is the brick overlay:

appendix
[MQ4] Renko_overlay.mq4 4 KB | 769 downloads

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