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Published:

9 July 2018, 11:04

\MQL5\Indicators\MyInd\

Renko Level.mq5 (24.46 KB) view

\MQL5\Experts\

Renko Level EA.mq5 (36.25 KB) view

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The EA uses indicator Renko Level (the indicator must be in the MQL5\Indicators\MyInd\ folder)

Renko level indicator

Lots (or "Lots">0 and "Risk"==0 or "Lots"==0 and "Risk">0) - constant lot size
Risk (or "Lots">0 and "Risk"==0 or "Lots"==0 and "Risk">0) - lot size is calculated dynamically
Size of block - "block" size
Reverse - flagging the reverse of signals for opening positions
Increase - flagging to incrase the positions
magic number - the unique EA identifier

An example for AUDUSD,M1: