Renko Hacked is a is a fully automated Expert Advisor on renko bars with no use of martingale. Able to trade on NEWs even with high LOT with no fear! The RSI indicator is used to filter the best entries.
Renko Hacked EA strategy is based on oppening trades after every Renko box direction, see the Youtube Video to understand more.
live trading video : https://www.youtube.com/watch?v=GFoxCwsPEIc
General Recommendations :
The minimum deposit is $100, it is highly recommended to use a 0 spread account or fixed low spread. best box size is 5, if you want to Make Take Profit 7 box is better with 5 pips take profit.
Lot - trading lot ( if your capital is 100$ use 0.01 Lot if 200 use 0.02 and so on...)
Stoploss - stop loss (you can disble it no risk if not put 10 or 11).
Takeprofit - take profit (5 pips if you like scalping or let it empty).
criminal ecn - true or false SleepMinAfterTrades - false
TradeOppositeOfTrigger - false
RsiIn - Rsi Inputs - true or false
DisplayGapSize - max 30
About the author Author: Salah Eddine, Trading Forex for over 5 years.
IF YOU HAVE A PROBLEM WITH BACKTESTING ON RENKO CHART PLEASE CONTACT ME,
Trading this robot without understanding Forex Trading and MT4 Platform guarantees traders will lose their money.
trading this robot with a high spread account or broker guarantees traders will lose their money. please choose a Zero or or fixed spread account Broker.
To trade this robot, you have to understand:
How to use EA's. How to get Renko Chart What is the Concept of Renko.