Market / MetaTrader 5 / Experts /

Renko Logic

410 USD

Demo downloaded: 28

Published: 27 December 2025

Current version: 1.0

Renko Logic

Experts
Ahmed Mohammed Bakr Bakr
Ahmed Mohammed Bakr Bakr
Developer at Estonia

Iraq

5163
I am a professional MQL5 and Python developer with over 10 years of experience in algorithmic trading and automated trading systems.
Version: 1.0
Activations: 15

MetaTrader 5 Renko Expert Advisor - User Guide

Overview

This Expert Advisor implements a complete Renko-based trading system with custom brick calculation, visual display, and automated trading logic.

-The EA only for Rent unlimited Version coming soon.

Features

1. Renko Engine

Custom Renko Calculation: Built from scratch, no offline charts needed
No Repainting: Uses only closed Renko bricks
Configurable Brick Size: Set in points via input parameters
Real-time Brick Formation: Automatically detects and creates new bricks

Choosing Brick Size:

Forex Major Pairs: 50-150 points (5-15 pips for 5-digit brokers)
Gold (XAUUSD): 100-300 points ($1-$3)
Stock Indices: Adjust based on point value
Crypto: 1000-5000 points (depends on price)

Risk Management Tips

1. Brick Size Selection

Smaller Bricks (50-100): More signals, more trades, faster exits
Larger Bricks (200-500): Fewer signals, longer trades, bigger moves
Test First: Use Strategy Tester to find optimal size

2. Lot Size

Start with minimum lot (0.01)
Calculate based on account size and brick size
Consider that exits are immediate on opposite brick

3. Symbol Selection

Best Results: Trending markets with clear directional moves
Avoid: Ranging/choppy markets (generates false signals)
Recommended: XAUUSD during trending sessions

4. Timeframe

EA works on 1min&5min timeframes
Recommended: VPS latency under 2ms & raw spread
Brick formation depends on price movement, not chart timeframe
The news filter only works on real live trade
VERY IMPORTANT Change allowed symbols depending on your broker symbol type for XAUUSD (ex: XAUUSD.s , XAUUSDm......etc)

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SuperTrend Pro – Advanced Trend Detection Indicator (MT5) SuperTrend Pro is a modern, optimized trend-following indicator for MetaTrader 5 , designed to deliver clear trend direction, precise market structure, and a premium visual trading experience . It is based on an enhanced ATR-powered SuperTrend algorithm , combined with smart visuals, chart styling, and a real-time information panel. -Key Features - Advanced SuperTrend Logic Uses ATR (Average True Range) with adjustable Period and Multipli

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US30 Pre-Market Breakout EA The US30_PreMarket_Breakout_EA is a high-performance algorithmic trading system designed specifically for the US30 (Dow Jones Industrial Average) index. This Expert Advisor utilizes a pre-market breakout strategy to capture early momentum moves with precision. It is built for efficiency, incorporating dynamic lot sizing, trailing stops, break-even triggers, and time-based exits to maximize profitability while controlling risk. Key Trading Features Pre-Market Breakout

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XAU Gap Detector — MQL5 Expert Advisor Automated FVG (Fair Value Gap) trading for XAU with multi-timeframe detection, EMA filtering, money-management options, trailing/breakeven logic and clear visual confirmations — built for scalpers and swing traders who want a configurable, safety-first EA. One-line tagline Multi-TF FVG detector for XAU with EMA trend filter, adaptive money management, trailing & breakeven — plug into MT5 and trade smarter. What this EA does (user-facing summary) This Exper

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Ultimate SMC: Professional Smart Money Concepts Indicator Unlock the hidden movements of the market. Trade with the institutions, not against them. The Ultimate SMC indicator is designed for serious traders who want to apply Smart Money Concepts (SMC) to their charts automatically. Manual SMC analysis is time-consuming and prone to subjective error. This tool removes the guesswork by algorithmically detecting Order Blocks, Fair Value Gaps, and Structural breaks in real-time. Whether you are a s

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NUCLEAR EA – Precision Breakout Trading System NUCLEAR EA is a professional breakout Expert Advisor designed for traders who demand discipline, stability, and strict risk control . Built with prop-firm rules in mind, this EA focuses on high-quality breakout and fake-breakout setups while fully avoiding dangerous strategies. What NUCLEAR EA Does NOT Use No Martingale No Hedging No Grid No Risky Recovery Logic Every trade is independent, controlled, and calculated. Core Trading Logic Smart break

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US30 NY Session Breakout Detector (AI-Supported) US30 NY Session Breakout Detector is a professional-grade MetaTrader 5 indicator designed exclusively for US30 (Dow Jones) traders who focus on New York session volatility and breakout trading . It combines session-based market structure , fake breakout filtering , and an AI-style confidence engine to deliver precise, high-quality breakout signals. Core Concept The indicator automatically tracks the pre-New York session high and low (Asian + Londo

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Quantum Prime – Expert Advisor for MT5 Quantum Prime is a powerful automated trading Expert Advisor designed to capture high-probability breakout moves with precision and discipline. It intelligently analyzes market structure, identifies key swing levels, and places pending orders to enter trades only when price confirms momentum. The EA is built with a strong focus on risk control, execution quality, and broker compatibility , making it suitable for both personal and professional trading enviro

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Market Shooter EA — Description & Recommendation Market Shooter EA is a professional breakout-sniping Expert Advisor designed to capture high-probability market moves with precision and discipline. The EA uses a smart price breakout detection system , targeting key support and resistance levels, then executes trades with sniper-level accuracy using buffer confirmation and volatility-aware scaling. The strategy focuses on clean market structure , avoiding noise and low-quality entries, making it

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Quantum RSI Scalper Quantum RSI Scalper is a precision-based automated trading system designed for EUR/USD on the 15-minute timeframe (M15) . The EA combines RSI momentum analysis with quantum-style price reaction logic to identify short-term market imbalances and exploit high-probability scalping opportunities. The strategy focuses on: Detecting overbought and oversold RSI conditions Confirming entries during low-latency price pullbacks Executing fast, disciplined trades aligned with short-ter

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Kimchi – MT5 Indicator Kimchi is a professional trend-following indicator developed for MetaTrader 5 , designed to identify high-probability market entries using a volatility-adaptive trailing stop system. The indicator is based on the widely known UT Bot methodology originally created for TradingView and has been fully implemented in MQL5 to provide the same signal logic and performance within the MT5 environment. The indicator automatically analyzes market volatility using the Average True R

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Renko Logic

Ahmed Mohammed Bakr Bakr

Overview

Features

1. Renko Engine

Risk Management Tips

1. Brick Size Selection

2. Lot Size

3. Symbol Selection

4. Timeframe