Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Experts

Renko-Fractals-Grid - expert for MetaTrader 4

Aharon Tzadik | English Español Português 日本語 Deutsch

Views:
14261
Rating:
votes: 12
Published:
2018.08.06 13:44
Updated:
2018.12.08 23:05

This EA uses "Renko" box size on MetaTrader 4 chart. When a Renko box is created (not visible, only calculated in pips) and price reaches the level where there was a fractal, the EA enters a trade.


This EA trades only with the price of open candle!

Inputs

  • Atr - Enable ATR indicator value as Renko box size (values: 0-1).
  • BOX1 - Renko box size in pips (values: 5-100).
  • CandlesToRetrace - Number of candles to wait for Renko box (values: 10-100).
  • USEMOVETOBREAKEVEN - Enable "no loss" break even system (values: 0-1).
  • WHENTOMOVETOBE - When to move break even (values: 10-100).
  • PIPSTOMOVESL - How much pips to move stop loss (values: 10-100).
  • Lots - Lots size (values: 0.01-10).
  • MaximumRisk - maximum risk from total margin in %, (values: 0.01 - 0.3).
  • If "MaximumRisk =0" then "Lot=constant"
  • DecreaseFactor - decrease from total margin if you lose a trade.
  • TrailingStop - Trailing Stop (values: 10-100).
  • Stop_Loss - Stop Loss (values: 10-100).
  • MagicNumber - Magic number (values: 1-100000).
  • TakeProfit - Take Profit (values: 10-100).


RENKO FRACTALS GRID

Links to more efficient versions in the Market:


RSI MA EA RSI MA EA

EA purposes to always win with cumulative profit and to manage volume.

KeyboardTrade KeyboardTrade

This tool is for trading with keyboard input, it supports "Send order", "Set Stop Loss", "Set Take Profit", and "Close order".

Tap4Fibs Tap4Fibs

Creates Fibonacci Retracement on the chart based on the ZigZag indicator. Tap the "X" or "Z" key to scroll through each swing in the ZigZag, to the right or to the left. For those who do not like clutter on their charts. The indicator can scroll to the right until it disappears from the chart, but it is still there. Scroll left to bring it back. This is one of the most useful tools in my trading toolbox!

PlannedPendingOrders PlannedPendingOrders

Execute pending order(s) according to lines in the chart you have drawn before.