RenkoExpert mt4

This is a full-fledged Expert Advisor trading by renko bars. Renko bars are simulated inside the EA allowing for high-quality optimization. Orders are opened in the direction of the last simulated bar. 

The EA strategy is based on simulating renko bars for defining a trend and its duration. The signal is then sorted by Parabolic SAR, Moving average, Moving average2 and Heiken Ashi filters.

The application of two MA filters allows applying a trading strategy based on two MA (fast and slow MA) and renko bars.

Trailing stop, fixed stop and Time Outs and Targets Settings target-time position closing system are applied for closing trades.

Version for mt5

The EA does not display the renko chart!

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