Exp_AdaptiveRenko - MetaTrader 5 Expert - MT4/MT5 Resources
Exp_AdaptiveRenko Expert Advisor draws the adaptive Renko indicator based on NRTR. If the bar changes direction, a signal to execute the trade is formed at the close of the bar.
Copy the local Adaptive Renko.ex5 compiled file to terminal_data_folder\MQL5\Indicators.
The input parameters of the default EA transaction have been tested during the test as shown below. Stop loss and take profit testing were not used during this period.
Figure 1. Example of trading history in the chart.
Testing results for 2011 at EURAUD H4:
Figure 2. Test result chart
Attachment download
📎 adaptiverenko.mq5 (10.14 KB)
📎 exp_adaptiverenko.mq5 (6.52 KB)
📎 tradealgorithms.mqh (67.73 KB)
Source: MQL5 #1188
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