Elite Renko

5

Renko Charts with Heiken Ashi Filter now have the alerts and the   Win-rate.

Now you can know which signal will give you that edge your trading needs.

Risk to Reward Settings 

Wins versus Losses Count

There are four alert types to choose from for notification on screen, email or phone notification.

The alert types also have buffers for use with automation. This indicator can be incorporated with any system that requires renko charts.

The four (4) alert types are:

Three-bar Formation; Pinbar; Marabozu and Engulfing Bar

HaBars Signals

Renko Bars Signals

The alerts may also be adjusted by settings found in the input window of the indicator.

Signal to signal Pip Count

Stats Specification:

There are two different types

Risk to reward stats at the top- Works With Moving Average Filter

Pip count for signal to signal below- Does not work with Moving Average Filter

For wicks settings

Wicks:

mean renko  0.3 wicks

vanilla/regular renko 0.5 for wicks

The alerts works on regular charts but it was created mainly for offline charts such as Renko.

The heiken ashi is found on all mt4 platforms, you can add it to the chart as an overlay of bar charts or line charts.

For Proper Risk to reward Percentage winrate, set it to 0.1, you will see the proper winrate.

For Renko Chart Downloads:

https://forex-station.com/download/file.php?id=3311880&sid=53f9855458f954df7644ce54ea550a30

Range and Renko Indicators for MT4 (forex-station.com)

https://www.forexfactory.com/attachment/file/3799594?d=1606489894

Offline Renko Chart Generator for MT4 | Forex Factory



Reviews 3
Martin Glover
104
Martin Glover 2023.03.15 16:28 
 

hi I just bought this system a couple of hours ago & so far so good it looks very promising so far heres hoping ! jermaine could you please dm me to discuss the system thanks martin

ROBERT EDWARD BIRD
2943
ROBERT EDWARD BIRD 2022.10.26 04:01 
 

Ok. Here's the honest review. Not prompted with the promise of a "bonus" if I give 5 stars. I've spent well over 4k on MQL5 market indicators. This simple one beats them all. Hands down. Consistent win on 5 min scalp and above. Well done and this is now my primary indicator with the other that I am using to get consistent wins. Awesome indicator. Waaaaaaay under valued.

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Martin Glover
104
Martin Glover 2023.03.15 16:28 
 

hi I just bought this system a couple of hours ago & so far so good it looks very promising so far heres hoping ! jermaine could you please dm me to discuss the system thanks martin

Jermaine Wedderburn
2086
Reply from developer Jermaine Wedderburn 2023.03.15 18:01
It's always nice to know the system can help others. Thanks for choosing this product and you are free to share the link to this product with others.
Andrews Müller
198
Andrews Müller 2022.11.02 06:55 
 

User didn't leave any comment to the rating

Jermaine Wedderburn
2086
Reply from developer Jermaine Wedderburn 2022.11.02 11:55
I will be happy to do so. It was created for offline charts( Renko ) however it also can be used on the time based charts. Based on the chart type the wick to body ratio has to be adjusted so that the signal line can reflect where the stoploss will be. Heiken ashi is an overlay that you would activate from your end. It's just an added filter. If you have any other concerns or challenges you can private message me.
ROBERT EDWARD BIRD
2943
ROBERT EDWARD BIRD 2022.10.26 04:01 
 

Ok. Here's the honest review. Not prompted with the promise of a "bonus" if I give 5 stars. I've spent well over 4k on MQL5 market indicators. This simple one beats them all. Hands down. Consistent win on 5 min scalp and above. Well done and this is now my primary indicator with the other that I am using to get consistent wins. Awesome indicator. Waaaaaaay under valued.

Jermaine Wedderburn
2086
Reply from developer Jermaine Wedderburn 2022.10.27 10:41
I am happy you found us. Hope all works out for you.
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