Renko mt5

MQL5 Experts

Job finished

Execution time 3 days
Feedback from customer
good guy
Feedback from employee
very good and kind

Specification


I use indicator renko in MT5. The strategy is : the blue bar appear the next bar buy position. If the second bar close blue, The position close and take profit and open new position buy (same logic for sell). 

In this exemple Open 11 trade buy and close 11 positions. 



If signal is not good : in this exemple the blue bar appear, the second bar buy.The bar finish blue close position.

The 3 bar is red (but as the before bar is blue the robot open buy position) the robot dont cut position,

it open sell position but the 4 bar close blue  so dont cut position too, the robot open buy position,  the 5 bar position is red, so the new position sell. 

The objectif when the signal is bad wait and finish to close all position when the robot win money and can adjust how much. for exemple if all position open arrived at 5 PIPS all position close. 

iN this exemple close to in the 13 bar 

The indicator is in attached file



(numbner is the bar)

FIrst possibility : 

1/ blue - 2/ position buy.

if the bar close blue = position close

3/ position buy etc..... (same for sell)

Second possibility : 

1/ Blue - 2/ position buy 

if the bar close red = position continue 

3/ open sell and continue with other bar the same thing, and wait when all bar win x pips all positions close 



Files:

MQ5
RenkoAMA.mq5
37.2 Kb

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Project information

Budget
30+ USD
VAT (20%): 6 USD
Total: 36 USD
For the developer
27 USD
Deadline
from 1 to 2 day(s)