Gino Renko EA

Here is an EA based on the Renko indicator, it can be used with currencies, commodities, and forex. Just associate it with the corresponding graph.

The indicator used for the EA is available here, but it is not necessary for its operation, they are 2 independent products: https://www.mql5.com/fr/market/product/87852?source=Site+Market+MT5+Indicator+Search+Rating006%3agino+renko

Personally I don't like renko like EA, and I haven't done any tests to find out which configuration is the best. The demo version is available so that you can test before purchasing.

Throughout development I tested it with gold.

Gold:
Size in pip for a block: 250;
Number candles for history: not important
Size of the Stop Loss in percentage: 1%
Ratio / number of renko to define the stopLoss: 4
Ratio / number of renko to define the takeProfit: 6
Number of renko in the same direction before opening a position: 4

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SomaForex is a multi-strategy breakout Expert Advisor for MetaTrader 5, built for EURUSD, GBPUSD, and USDJPY. One chart, one EA, 34 independent strategies running together as a single diversified portfolio. Live Signal. To make it accessible at launch, I am using a transparent ramping-price model: Launch price: 100 USD The price increases by 100 USD for every 10 copies sold, at most once per day Early buyers lock in the lowest price for the lifetime of the product. Concept Instead of running a s
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Gino Renko
Stephane, Andr Valette
1 (1)
Another renko-based indicator. It returns different usable values ​​for an EA, and is directly displayed on the main chart. Its setting is very simple: The size of the renko The number of bars taken into account The falling color The color on the rise Returned values: Buffer 0 : Value of the middle Buffer 1 : Value of the Top Buffer 2 : Value of the Bottom Buffer 3 : Direction of renko (0.0 for top ; 1.0 for bottom) Buffer 4 : Ratio of the renko, for example, if it is twice, 3 times, ro more of
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