KT Renko Patterns Robot MT4

Renko chart pattern EA: 14 patterns, a stop loss on every trade, half banked at the first target.

KT Renko Patterns EA trades the patterns of KT Renko Patterns, which is built in, from double tops to break and retest.

What it does for you

  • Enters only when a brick closes through the pattern's breakout, never on a forming brick.
  • Places the stop loss beyond the pattern and measures three targets from its height.
  • Closes half at the first target, moves the stop loss to the entry and holds the rest until the next pattern.
  • Trades each pattern the way the indicator's dashboard counts it, so the per-pattern record on your chart describes the EA's trades.
  • Fixed lots or a risk percentage, trailing stop, session and weekday filters, maximum loss protection.

 

How to start

Open a Renko chart that allows EA trading, attach the EA, choose the patterns and the risk. When the EA runs on a custom Renko chart, set Trade Symbol to the real symbol so the orders go to your broker's symbol.

The status rows confirm the symbol, the exit and whether the chart is read as Renko.

Recommendations

Forex pairs, gold and indices on a brick size where the indicator's record is positive. Switch off the patterns with a negative average result on that chart. A VPS keeps the EA watching every brick.

Input parameters

  • Patterns: one switch for each of the 14 patterns.
  • Signal Filters: signal direction, minimum bricks between signals, trend filter and trend EMA period.
  • Targets and Exit: TP1, TP2 and TP3 as multiples of the pattern height, Trade Exit, the share closed at TP1, the fixed target.
  • Stop-Loss: pattern stop, pips or a share of the daily range, trailing stop and its step.
  • Position Size: fixed lots or risk percentage, maximum open trades, magic number, slippage.
  • Extra Filters: trading session, volatility, Vortex, MMI and weekdays.
  • Protection: maximum loss limit for the capital given to the EA.
  • Chart and Journal: pattern names, colours, journal log.

 

Every finished pattern, traded with its plan

You pick the patterns and the risk; the EA takes each one with its stop loss, banks half at the first target and lets the rest run to the next signal.

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The Ultimate Hands-Free Trading System tested on live accounts only proof in video! Tired of micromanaging trades? Introducing the Nomore925 BOT is the platform's BEST hands-free trading system! Trust and reputation are very important to me My BOT Is a  Sniper and after 8 years of testing I Now turn my attention to combining EVERY good thing I've found to work in the last eight years into one easy-to-use, premium EA No 'AI' claims Strict DD limits / risk management 10 months+ of live signals Ma
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Profalgo Limited
5 (5)
Experts
Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independent
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Daniel Reuter
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!!! Please use the EA only on the D1 timeframe, as it is optimized for it !!! DAX Institutional Flow – Premium DAX40 Breakout Expert Advisor DAX Institutional Flow is a high-precision, fully automated Expert Advisor (EA) designed specifically for trading the DAX index (GER40 / DE40). It leverages institutional breakout patterns to capture dynamic market shifts while maintaining strict risk management. Key Features & Trading Logic Optimized for the DAX (GER40): Perfectly tuned to the volatility
Quantum Scalperr Gold
Ignacio Agustin Mene Franco
Experts
Quantum Scalper GOLD v2.00 High-Precision Scalping for XAUUSD (Gold) Quantum Scalper GOLD is an advanced and fully automated Expert Advisor designed exclusively for trading XAUUSD (Gold) on the M5 timeframe. Key Features: Intelligent Hybrid Strategy: Combines RSI signals (overbought/overbold detection), Envelopes (volatility filter), and a real-time trained MLP Neural Network using price, EMA, MACD, and ATR features. Dynamic Risk Management: Adaptive Stop Loss based on ATR, intelligent traili
AlgoBox Gold Scalper M5
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2 (1)
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NEW UPDATE : WITH TARGET AND STOPLOSS , EA WILL STOP FOR THAT DAY IF EITHER TARGET OR STOLPOSS REACHED... Hello traders, i hope you all perfect. this is my new expert advisor -   algobox gold scalper m5. this ea works only on instrument gold (xauusd). it shows stable trading during the last 15  years.  each entry is perfect takeprofit and stoploss with hidden features.the expert advisor is very simple to use. you don't need optimization for it, it has been already done for you. you just set ea
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If you have ever watched price make a new high while Stochastic failed to confirm it, you already know why traders pay attention to divergence. KT Stoch Divergence marks these disagreements directly on the chart, so you can spot possible reversals and trend continuation setups without drawing every line by hand. The indicator finds both regular and hidden divergence between price and the Stochastic oscillator. It gives you context, not an automatic trade. You still decide whether the setup makes
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ACB Trade Filter MT4
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ACB Trade Filter answers one practical question before you place an order: is the market supporting this trade, or are you trying to force a signal through mixed conditions? The indicator reads market sentiment and trend, then presents the result through a color histogram and trend direction. Use it after your normal entry signal, not instead of one. Three market states at a glance Green histogram with bullish trend: conditions support looking for long setups from your strategy. Red histogram wi
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KT Momentum Arrows marks bullish and bearish momentum breakouts with arrows when a candle closes beyond its adaptive price bands. The bands respond to price deviation and changing volatility. A blue upward arrow confirms a close above the upper band, while a red downward arrow confirms a close below the lower band. The signal is fixed after the candle closes, so the arrow does not shift to another bar when you review the chart later. What the arrow is showing The arrow identifies the candle wher
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KT Pin Bar
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KT Pin Bar identifies the pin bar formation which is a type of price action pattern which depicts a sign of reversal or rejection of the trend. When combined with support and resistance, BRN and other significant levels, Pin Bar pattern proved to be a very strong sign of reversal. Basically, a pin bar is characterized by a small body relative to the bar length which is closed either in upper or lower 50% part of its length. They have very large wicks and small candle body. A pin bar candlestic
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Read Trend Direction Directly on the Chart KT Trend Magic combines momentum and volatility into a color-coded line that follows price. The line gives you a continuous view of the active trend state and changes color when the calculated direction changes. Green line: shows a bullish trend state. Red line: shows a bearish trend state. Color change: marks a new directional transition on the chart. During a sustained move, the line can also serve as a dynamic chart reference for pullbacks and contin
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Auto Fibonacci indicator that draws the Fibonacci retracement on the swing you are looking at, and redraws it the moment you zoom or scroll the chart. Zoom in on a pullback and the levels measure that pullback. Zoom out and they measure the whole trend. There are no anchor points to drag and no levels to redraw after every new high. Key features Measures the highest high and the lowest low on your screen, the current candle included. Follows zoom, scroll and window size at once, even when the ma
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KT Psar Arrows plots the arrows on chart using the standard Parabolic SAR indicator. A bullish arrow is plotted when the candle's high touch the SAR. A bearish arrow is plotted when the candle's low touch the SAR. The signals are generated in the real-time without waiting for the bar close.  Features A beneficial tool for traders who want to experiment with the trading strategies that include the use of Parabolic Sar indicator.  Can be used to find turning points in the market. Use custom PSAR
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First thirty minutes are essential for a trading session. The early reaction of traders and market players sets a path for the rest of the day. KT London Breakout EA takes advantage of this phenomenon, and after analyzing the first thirty minutes of London session, it places two bidirectional pending orders. One of pending order is eventually canceled after realizing the market direction with certainty. It has been strictly tested and developed for EUR/JPY using 30-Min Time Frame. You can expe
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KT MACD Divergence Seeker trades the regular and hidden divergence signals generated by our free indicator named KT MACD Divergence indicator. Trading the standalone divergences can be a risky affair that's why the KT MACD Divergence Seeker combines the standard divergence signals with an advanced analysis module to exploit the price inefficiencies on some FX pairs. What is the Divergence exactly? As a general conception if the price is making higher highs, then macd should also be making hig
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Map the Asian Session Range KT Asian Breakout Indicator marks the high and low of a four-hour Asian-session window and watches price after the range is complete. The GMT Offset setting aligns the session with your broker's server time, while Draw Session Box controls the visible range. See the Breakout and Trade Levels Together A bullish arrow appears when price closes above the session high. A bearish arrow appears when price closes below the session low. When Draw Stoploss and Profit Targets i
MACD Divergence MT4
KEENBASE SOFTWARE SOLUTIONS
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KT MACD Divergence shows the regular and hidden divergences build between the price and oscillator. If your trading strategy anticipates the trend reversal, you can include the MACD regular divergence to speculate the potential turning points. And if your trading strategy based on the trend continuation, MACD hidden divergence would be a good fit. Limitations of KT MACD Divergence Using the macd divergence as a standalone entry signal can be a risky affair. Every divergence can't be interprete
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KT Bollinger Bands Trader is a 100% automated expert advisor that's incorporated a mean reversion trading strategy using the Bollinger bands during the period of low volatility. Price often reacts at the upper or lower line of Bollinger bands, but a reversal not always occurs. However, there is more chance of price reversal during the time of low volatility. Entries A buy trade is activated when price correctly aligns below the bottom line of Bollinger bands. A sell trade is activated when pric
KT CCI Divergence MT4
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KT CCI Divergence shows the regular and hidden divergence created between the price and CCI oscillator. Divergence is one of the vital signals that depicts the upcoming price reversal in the market. Manually spotting the divergence between price and CCI can be a hectic and ambiguous task. Limitations of KT CCI Divergence   Using the CCI divergence as a standalone entry signal can be risky. Every divergence can't be interpreted as a strong reversal signal. For better results, try to combine it w
KT Heiken Ashi Smoothed MT4
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Follow the Smoothed Heiken Ashi State KT Heiken Ashi Smoothed turns price movement into smoothed blue and red candles. It adds a blue up arrow when the state changes from bearish to bullish and a red down arrow when the state changes from bullish to bearish, making directional transitions easy to see on the chart. The smoothing period and smoothing method control how strongly the candles are smoothed. This provides a steadier view than standard Heiken Ashi while letting you choose the response t
KT MA Crossover MT4
KEENBASE SOFTWARE SOLUTIONS
Indicators
KT MA Crossover draws the buy and sell arrows based on the crossover of chosen moving averages. Moreover, it also generates the appropriate alerts and displays the MFE (Most Favorable Excursion) for each successive signal. The moving average crossover is one of the primary strategies followed by traders around the world. Usually, it consists of a fast and slow moving average to find a buy and sell entry signal according to the crossover direction. Buy signal - when fast MA crosses above the slo
KT Round Numbers MT4
KEENBASE SOFTWARE SOLUTIONS
Indicators
KT Round Numbers plots the round number levels which are also commonly known as psychological levels in the Forex world. In the context of Forex trading, round number levels are those levels in which there are two or more zeroes at the end. They are named as 00 levels on the chart. Some traders also consider the halfway points as a valid round number level. They are named as 50 levels on the chart. Use of round number levels in trading Round number levels work as strong support and resistance
KT Inside Bar Advanced MT4
KEENBASE SOFTWARE SOLUTIONS
Indicators
Despite the popularity of inside bar pattern among the traders, using it as a standalone signal doesn't provide any edge in the market. KT Inside Bar Advanced indicator solves this problem by combining the classic inside bar pattern with the "ECE" cycle and Fibonacci extensions. Using this indicator in place of our classic inside bar indicator will provide a tremendous advantage and edge in the market. What is the ECE cycle? In financial markets, the price never moves in a straight line but u
KT Inside Bar Hunter MT4
KEENBASE SOFTWARE SOLUTIONS
Experts
Despite the popularity of inside bar pattern among traders, using it as a standalone entry signal doesn't provide any evidentiary advantage. KT Inside Bar Hunter trades only selected inside bar patterns using some preassessment and ECE price action cycle. Trading Strategy On successful detection of the required pattern, EA places a pending order in the direction of the forecasted price expansion phase. Pending orders are canceled if they are not triggered within the next bar. Once triggered, ac
KT CCI Surfer MT4
KEENBASE SOFTWARE SOLUTIONS
Experts
KT CCI Surfer uses a mean reversion trading strategy with a combination of extreme overbought/oversold zone detection using the Commodity Channel Index (CCI). Developed by Donald Lambert in 1980, CCI is a leading indicator that helps to identify the overbought/oversold region in the market without any lag. Obviously, not every overbought/oversold signal turns out into a price reversal. However, when combined with a well-planned mean reversion strategy, it produces excellent results. Recommend
KT RSI Divergence Robot MT4
KEENBASE SOFTWARE SOLUTIONS
Experts
Trade Confirmed RSI Divergence KT RSI Divergence Robot monitors regular and hidden divergence between price and the Relative Strength Index on the symbol and timeframe of the chart. It evaluates new signals after a bar is complete. A bullish divergence can open a buy position, while a bearish divergence can open a sell position. When an opposite signal appears, the EA can close positions in the other direction before evaluating a new entry. Choose the Entry Conditions The strategy can be adjuste
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