Market / MetaTrader 4 / Indicators /

Elite Renko

50 USD

Demo downloaded: 420

Published: 19 November 2019

Current version: 1.0

Elite Renko

Indicators
Jermaine Wedderburn
Version: 1.0
Activations: 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

more...

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

2016

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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Starting Price for first 10 purchases is $100, Next Price will be $200. This Expert Advisor Trades 28 Currency symbols simultaneously , we recommend using this bot alone. Attach the bot to 1 chart and its best to use a virtual private server (VPS) so that you will not lose any potential opportunities to enter positions. Operation: This bot looks for quick ins and out in the markets and wait until next day to enter on closed assets. It aims to close each trade set on each pair once and n

100 USD

Ever took a trade and when you come back to the termainal to check on the status of the position, you realized the market has gone so far in the opposite direction or it has hit your stoploss. Well this system is here to help manage those moments price doesn't go in your desired direction. Consider this to be the insurance your account needs for your trading business. This tool manages manual trades and e.a. triggered trades. However be aware that some e.a.s are programmed to override other e.a.

375 USD

This system is dynamic in the way places orders across all assets it's used on. The product is currently underpriced for the moment to get users to appreciate the quality of the product. It is created in a simple fashion to focus on positive results. In future we will improve on the look if that is necessary for our customers using the product. The system as-is triggers limit orders at levels that we believe should experience some bounce in price movements. Test and share your success with us an

1 499 USD

Are you tired of flashy promises and get-rich-quick schemes? Do you crave stability and long-term success in your trading journey? Look no further than the Longevity Trader Expert Advisor, a cutting-edge tool designed to help you achieve steady returns and build a foundation for lasting financial growth. Unlike the countless products on the market that focus solely on short-term gains, the Longevity Trader Expert Advisor takes a different approach. We understand that sustainable success requires

1 000 USD

Continuous Coloured dot lines under and above price when conditions are met. Arrows Red and Green for entry Points. User can change the colours of the arrows in the colour section of the indicator. It is consider a great scalping tool on lower time-frames, while higher time frames will have fewer opportunities but trades will possibly last longer. There is an input for Alert on or off. This can be used effectively on M15/M30 Chart until up to H4 chart time. It is best if the user has some

30 USD

This Unique Expert Advisor calculates the strength of 28 various currencies according to the percentage change in a day from the opening of the candle. This calculation is done seen as decimals. If some currency is found to be very strong or very weak, the system will check the difference between both. If the calculations work to be more than the value provided in the input's parameters, it will open a trade with that pair and set take profit as given by the user. There are several other settin

125 USD

375 USD

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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

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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.

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Andrews Müller 2022.11.02 06:55 #

Hello. Im sorry. i did not understand how this indicator works.. could you please help me out?

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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.

2016

ROBERT EDWARD BIRD 2022.10.26 04:01 #

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Reply from developer Jermaine Wedderburn 2022.10.27 10:41 #

I am happy you found us. Hope all works out for you.