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RenkoExpert

FREE

Published: 15 December 2017

Current version: 6.8

RenkoExpert

Name: RenkoExpert
Rating: 3.6666667 (6 reviews)
Author: Andrey Goida

3.67

Experts
Andrey Goida
Andrey Goida
Ukraine

15183
3 (12)
- https://goldendeltaea.com/
MT5 developer focused on XAUUSD, Renko tools, and structured trading systems.
Building practical indicators, panels, and research-driven solutions for traders who value clarity, logic, and disciplined execution.

29 products 1 topic 4 comments
Version: 6.8
Updated: 25 June 2023

Renko Expert Advisor based on Renko bar simulation.

The EA has two options for building Renko bars. Classic and ATR. In the classic version, renko bars are marked with areas on the main chart; in the ATR version, renko bars are modeled and drawn in the indicator window. Modeling renko bars inside the EA allows you to optimize the robot better than drawing renko bars offline.

Explore the full RENKO Golden Delta collection:
https://www.mql5.com/en/users/gavaav/seller

Set file

Questions? Use the Comments tab on this page.

Does not use martingale!

Trades opened by the robot comply with the FIFO standard!

Works with any broker on any type of accounts!

After downloading from the market, set the default settings. Or load the settings from the settings folder.

The EA uses many filters and indicators. The exit from the position is carried out according to the target time system, which consists of 7 blocks, each block is optimized for a specific market situation. It is also possible to use the classic stop loss and take profit.

In addition, there is a block that allows you to close positions when a certain profit or loss is reached separately for sell orders and buy orders, both as a percentage of the deposit and as a fixed amount.

It is possible to work with three types of orders: market orders, pending stop and limit orders, and an order tracking system when a pending order lags behind the price.

The EA works well on all currency pairs, cryptocurrencies, stocks, futures and indices. Each instrument has its own settings.

Default settings for the EURUSD pair on the m1 timeframe.

You can find a more detailed description of the parameters and settings of various tools in our blog on mql 5 or in the telegram channel.

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GOLDEN DELTA RENKO ECOSYSTEM
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RenkoExpert is part of the growing Golden Delta Renko ecosystem for MetaTrader 5.

The collection includes free and professional tools for different parts of the Renko workflow:

• Support and resistance zones
• Momentum and market pressure
• Trend and structure analysis
• Renko chart tools and brick-size utilities
• Risk planning and trade workflow panels
• Advanced tools for deeper Renko analysis

Each tool can be used independently, while together they help build a more practical Renko workspace for MetaTrader 5.

Explore the full Golden Delta collection:
https://www.mql5.com/en/users/gavaav/seller

more...

3219

patrickdrew 2025.02.21 15:44 #

Only been testing for a few days but seems to perform very well. MUST use sets as is VERY complicated. USDJPY set works very well so far. Will update.

673

Ahmed Aboud Ahmed Mohammedalhassan - 2021.12.22 08:09 #

Best expert for traders

135

wsonic 2020.06.12 19:41 #

Excellent performance on USDCAD and EURUSD. Smart pending order, good risk management and great reversal entry position and management. Highly recommended.

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GDS Auto Renko Support and Resistance Zones Free Renko Support and Resistance Zones Indicator for MetaTrader 5 GDS Auto Renko Support and Resistance Zones is a free MetaTrader 5 indicator for traders who use Renko charts and want a simple visual layer for support and resistance areas. The indicator helps mark important Renko zones directly on the chart, so the trader can focus on areas where price may react, pause, reject or break through. It does not give buy or sell signals. It does not predic

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GDS Renko Entry Helper - Free Renko Price Interaction Indicator for MetaTrader 5 GDS Renko Entry Helper is a free Renko price interaction indicator for MetaTrader 5. It helps traders highlight important areas where price reacts, slows down, returns to a zone or changes behavior around support and resistance. The tool is designed for manual Renko analysis. It does not generate buy or sell signals and does not tell the trader when to enter the market. Its purpose is to help focus attention on area

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GDS Renko Momentum Map GDS Renko Momentum Map is a free visual momentum map for MetaTrader 5 Renko charts. It helps traders read the energy behind Renko movement: quiet areas, building activity, stronger momentum, fading movement and unstable sections. This indicator does not generate buy or sell signals. It does not predict future price movement. It is designed as a visual market-reading tool for manual Renko analysis. Main Idea Renko charts make price movement cleaner, but not every Renko move

FREE

Golden Delta Library — Free MT5 Tools Market Description Short Description Golden Delta Library is a free MT5 toolkit for traders who want cleaner chart structure, Renko-based context, risk planning, and practical execution panels. The collection includes Renko indicators, SuperTrend / ADX Renko variants, XAUUSD helper panels, and RiskLab TradeDesk tools. Each product is designed to be lightweight, visual, and useful on live charts without promising automated profits or replacing trader judgme

FREE

GDS Renko ATR - ATR-Based Renko Chart Indicator for MetaTrader 5 GDS Renko ATR is a free ATR-based Renko chart indicator for MetaTrader 5. It helps traders build and study Renko movement using a volatility-adaptive brick size based on Average True Range. The purpose of this tool is to provide a flexible Renko chart foundation for manual market analysis. It does not predict the market, does not generate buy or sell signals and does not decide whether a trade should be opened. Why ATR Renko Matter

FREE

GDS Renko Pulse - Renko Market Activity Indicator for MetaTrader 5 GDS Renko Pulse is a free Renko market activity indicator for MetaTrader 5. It helps traders observe the current rhythm, pressure, activity and cleanliness of Renko movement directly on the chart. This indicator does not predict the market and does not generate buy or sell signals. Its purpose is to help you understand whether the current Renko environment is active, slow, clean, unstable, compressed or losing rhythm. What Renko

FREE

GDS Renko Adaptive - Adaptive Renko Chart Indicator for MetaTrader 5 GDS Renko Adaptive is a free adaptive Renko chart indicator for MetaTrader 5. It helps traders observe price movement through a more flexible Renko structure instead of relying only on one fixed brick-size view. The purpose of this tool is to support manual Renko analysis by making structure, movement rhythm and changing market conditions easier to observe. It does not predict the market and does not generate buy or sell signal

FREE

GDS Renko Anatomy Free Renko Structure and Movement Anatomy Indicator for MetaTrader 5 GDS Renko Anatomy is a free MetaTrader 5 indicator for traders who use Renko charts and want a clearer way to understand how brick-based movement is built. The indicator helps visualize Renko movement anatomy: structure, legs, pullbacks, pauses, continuation areas and weakening movement phases. It does not give buy or sell signals. It does not predict price movement. It is a visual context tool for manual Renk

FREE

GDS Renko Shadow - Hidden Pressure Visualization for Renko Charts in MetaTrader 5 GDS Renko Shadow is a free Renko hidden pressure indicator for MetaTrader 5. It helps traders visualize the pressure, instability, exhaustion and residual force behind Renko price movement. Renko charts show where price has moved. GDS Renko Shadow helps show what kind of pressure may be forming behind that movement. This indicator does not predict future price direction and does not generate buy or sell signals. It

FREE

GDS RiskLab TradeDesk Renko - Free Manual Trading Panel for Renko Traders in MetaTrader 5 GDS RiskLab TradeDesk Renko is a free manual trading panel for MetaTrader 5 designed for traders who use Renko charts and want a more organized execution and risk-control workflow. This tool is not an Expert Advisor, not an automated strategy and not a signal system. The trader remains fully responsible for analysis, decision-making, risk size and execution. The goal of TradeDesk Renko is to give Renko trad

FREE

GDS RiskLab TradeDesk Free Manual Trading Desk and Risk-Control Utility for MetaTrader 5 GDS RiskLab TradeDesk is a free chart-based utility for traders who want a cleaner manual trading workspace in MetaTrader 5. It is designed as a simple execution-support and risk-control panel. The goal is to keep the trading process more organized: review the chart, plan the trade, keep risk visible and execute manually with more structure. This tool does not generate buy or sell signals. It does not predic

FREE

GDS Risk Calculator Panel - Free Risk and Position Size Utility for MetaTrader 5 GDS Risk Calculator Panel is a free risk and position-size utility for MetaTrader 5. It helps traders review basic trade risk, lot size logic and position planning before making manual trading decisions. This tool does not analyze the market, does not generate buy or sell signals and does not open trades automatically. Its purpose is to support a more disciplined manual workflow where risk is checked before executio

FREE

GDS Renko Matrix - Free Multi-Scale Renko Overview Indicator for MetaTrader 5 GDS Renko Matrix is a free multi-scale Renko overview indicator for MetaTrader 5. It helps traders monitor Renko structure, direction and chart context in a compact matrix-style view. The purpose of this tool is to provide a faster visual overview of Renko behavior without turning the chart into a signal system. It does not predict the market and does not generate buy or sell signals. What Renko Matrix Shows Renko char

FREE

GDS Renko Conscience - Renko Decision Awareness Indicator for MetaTrader 5 GDS Renko Conscience is a free Renko decision-awareness indicator for MetaTrader 5. It helps traders slow down and review the current Renko context before making manual trading decisions. This tool is not a signal indicator and does not tell you when to buy or sell. Its purpose is to support discipline, context review and risk awareness during Renko chart analysis. What Renko Conscience Does Renko charts can make price mo

FREE

GDS Renko Ghost Free Renko Market Memory Visualization Indicator for MetaTrader 5 GDS Renko Ghost is a free MetaTrader 5 indicator for traders who use Renko charts and want to study how similar Renko structures behaved in the past. The indicator visualizes historical Renko memory: similar past structures, continuation paths, consensus behavior and uncertainty zones. It does not give buy or sell signals. It does not predict price movement. It is a visual research and context tool for manual Renko

FREE

GDS Renko Structure Free Renko Structure Indicator for MetaTrader 5 GDS Renko Structure is a free MetaTrader 5 indicator for traders who use Renko charts and want a clearer way to read market structure, movement phases and brick-based behavior. The indicator helps visualize how Renko structure is forming on the chart: movement legs, pauses, continuation areas, pullback behavior and structural shifts. It does not give buy or sell signals. It does not predict price movement. It is a visual context

FREE

GDS Renko MultiSymbol - Multi-Symbol Renko Overview Indicator for MetaTrader 5 GDS Renko MultiSymbol is a Renko multi-symbol overview indicator for MetaTrader 5. It helps traders monitor Renko market context across several instruments from one compact visual workspace. The purpose of this tool is to make multi-symbol Renko observation easier. It does not predict market direction, does not generate buy or sell signals and does not decide which symbol should be traded. Why Multi-Symbol Renko Conte

FREE

GDS Renko Zones Intelligence Renko Zones Indicator MT5 with Score, Freshness and Active Zone Verdict GDS Renko Zones Intelligence is a premium Renko zones indicator for MetaTrader 5. It adds zone score, freshness lifecycle, active zone verdict, Top Zones and flip-level context to Renko support and resistance analysis. Free Renko Zones shows where the zones are. GDS Renko Zones Intelligence helps explain what they mean. The indicator does not give buy or sell signals. It does not predict price mo

30 USD

GDS RiskLab TradeDesk Renko Pro - Professional Manual Trading Panel for Renko Traders in MetaTrader 5 GDS RiskLab TradeDesk Renko Pro is a professional manual trading panel for MetaTrader 5, designed for traders who use Renko charts and want a more controlled workflow for execution, position awareness and risk discipline. This is not an automated trading strategy and not a signal system. The trader remains fully responsible for market analysis, risk decisions and execution. TradeDesk Renko Pro i

30 USD

GDS RiskLab TradeDesk Renko Pro Edge Advanced Manual Execution and Risk-Control Cockpit for Renko Traders in MetaTrader 5 GDS RiskLab TradeDesk Renko Pro Edge is a professional chart-based trading cockpit for discretionary traders who use Renko charts, support and resistance zones, momentum context and structured risk control in MetaTrader 5. It is designed for traders who want to manage the full manual workflow from one place: market context, setup readiness, risk planning, order preparation an

45 USD

GDS Renko Entry Helper Pro Setup Quality Context for Renko Zones in MetaTrader 5 GDS Renko Entry Helper Pro is a Renko context indicator for traders who already use support and resistance zones and want more information around the current zone interaction. Free Entry Helper highlights where price is interacting with a zone. Entry Helper Pro adds a setup-quality context layer: structure, momentum, zone reaction and current market behavior around that area. It does not tell the trader to buy or se

30 USD

GDS Renko Gold Dollar XAUUSD Renko Macro Pressure Context for MetaTrader 5 GDS Renko Gold Dollar is a premium MetaTrader 5 indicator designed for traders who analyze XAUUSD with Renko charts and want to compare gold movement with US dollar pressure. The indicator does not give buy or sell signals. It does not predict gold price movement. It provides a visual context layer that helps the trader understand whether gold-side pressure or dollar-side pressure appears more dominant in the current mark

38 USD

GDS Renko Mirror MT5 Multi-Scale Renko Structure Comparison for MetaTrader 5 GDS Renko Mirror MT5 is a premium Renko context indicator for MetaTrader 5. It helps traders compare Renko market structure across different brick sizes and read whether movement looks clean, noisy, aligned or fragmented. The purpose of Mirror is not to generate buy or sell signals. The purpose is to help the trader understand how the same market movement appears through different Renko scales before making a manual dec

43 USD

GDS Renko Momentum Map PRO GDS Renko Momentum Map PRO is a professional Renko momentum context indicator designed to help traders read the structure, strength and quality of Renko movement. The indicator does not provide buy or sell instructions and does not predict future price movement. It visualizes Renko momentum context, movement quality and caution conditions in a clear analytical format. Main Features PRO Momentum Score: 0-100 momentum strength model PRO State: LOW, BUILDING, ACTIVE, HIGH

30 USD

Filter:

Br99cd1962 2026.06.08 04:00 #

To many settings. Too complicated to use. Originally locked my screen. Reboot required. Win 11.

[Deleted] 2025.07.10 02:55 #

User didn't leave any comment to the rating

15183

Reply from developer Andrey Goida 2025.09.30 07:36 #

Thanks for your feedback!

1062

Abdullah Aqeel Lafta Al Rubaye 2025.04.02 20:01 #

User didn't leave any comment to the rating

3219

patrickdrew 2025.02.21 15:44 #

Only been testing for a few days but seems to perform very well. MUST use sets as is VERY complicated. USDJPY set works very well so far. Will update.

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Reply from developer Andrey Goida 2025.09.30 07:37 #

Thanks for the feedback

jerry hill 2024.11.02 22:01 #

I had trouble getting it to work on my system. windows 11. finally gave up.

SmilingHer 2024.07.26 03:40 #

User didn't leave any comment to the rating

[Deleted] 2024.05.19 04:22 #

User didn't leave any comment to the rating

Phillipploo 2023.01.24 19:45 #

User didn't leave any comment to the rating

Faradayx 2023.01.23 11:49 #

User didn't leave any comment to the rating

673

Ahmed Aboud Ahmed Mohammedalhassan - 2021.12.22 08:09 #

Best expert for traders

Samuel Kimball 2021.10.28 19:08 #

User didn't leave any comment to the rating

15183

Reply from developer Andrey Goida 2021.10.30 08:47 #

The review was written in error and does not correspond to reality. https://www.mql5.com/en/market/product/26221#!tab=comments&page=5&comment=25513124

Eugene73 2021.10.27 11:53 #

User didn't leave any comment to the rating

15183

Reply from developer Andrey Goida 2023.01.21 15:59 #

Thanks!

263

MichaelZ 2021.04.13 10:40 #

User didn't leave any comment to the rating

15183

Reply from developer Andrey Goida 2023.01.21 16:02 #

We've done some work on the bugs. In the latest version, all your comments have been corrected. Thank you very much for your feedback!

Shpejtim Agushi 2020.07.09 10:22 #

User didn't leave any comment to the rating

135

wsonic 2020.06.12 19:41 #

Excellent performance on USDCAD and EURUSD. Smart pending order, good risk management and great reversal entry position and management. Highly recommended.