Experts: GDS Renko Bollinger 4-Mode Demo EA
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GDS Renko Bollinger 4-Mode Demo EA:
GDS Renko Bollinger 4-Mode Demo EA is a free educational Expert Advisor for MetaTrader 5. It demonstrates four different ways to combine classic fixed-size Renko bricks with Bollinger Bands inside one standalone EA. The EA builds four independent internal Renko streams from incoming BID ticks. Each mode has its own Renko brick size and its own Bollinger settings. Signals are generated only when a Renko brick is fully completed. Bollinger Bands are calculated causally from previous completed Renko closes, so the current brick is excluded until after its signal check.
Author: Andrey Goida