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Renko Scalping M1

The Renko indicator is a technical analysis tool used in the forex market to visualize price movements and trends by eliminating market "noise." Unlike traditional candlestick or bar charts, Renko is built based on price changes of a specified number of points, called the "brick size." When the price moves by this amount of points, a new "brick" is added to the chart. This indicator ignores time and volume, focusing exclusively on price changes. The main features of the Renko indicator include:

  1. Noise filtration: Since the Renko filter ignores minor price fluctuations, it helps traders better identify major trends and reversals.
  2. Trend identification: It is easier to identify upward and downward trends due to the clear visual representation of bricks.
  3. Entry and exit signals: The indicator can be used to generate trading signals. For example, a change in brick color can serve as a signal to buy or sell.
  4. Adaptability: Traders can adjust the brick size according to their preferences and market conditions. A smaller brick size provides a more detailed picture but can be noisier, while a larger brick size shows major movements but may miss minor trends.

The Renko indicator is especially useful for long-term traders and those who prefer trend trading, as it helps ignore insignificant price fluctuations and focus on significant movements.

Indicator settings:

  • RenkoBoxSize: Size of the Renko brick.
  • UpColor: Color of the Renko line for buying.
  • DownColor: Color of the Renko line for selling.
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Indicadores
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Indicadores
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Indicadores
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4.83 (88)
Indicadores
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5 (14)
Indicadores
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5 (1)
Indicadores
Indicador de detección de Order Blocks multitimeframe para MT4. Características - Panel de control totalmente personalizable, proporciona una interacción completa. - Oculta y muestra el panel de control donde quieras. - Detecta OB en múltiples marcos de tiempo. - Permite seleccionar la cantidad de OB para mostrar. - Interfaz de usuario de diferentes OBs. - Diferentes filtros de OBs (regulares, rejection y sin capitalizar). - Alerta de proximidad de OBs. - Líneas ADR High y Low. - Servicio de not
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Indicadores
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4.7 (226)
Indicadores
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Martin Alejandro Bamonte
Indicadores
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5 (25)
Indicadores
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5 (3)
Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Asesores Expertos
The Quantum Expert Advisor is designed for trading EURUSD H1 . The trading algorithm lies in placing pending orders at the peaks of currency fluctuations, after a preliminary analysis of the market conditions. Trading is fully automated. Lot size is calculated automatically based on the lot percentage. Parameters MaxRisk - percentage of the deposit, used for the automatic calculation of the lot. LongWave - long wave of price fluctuation. ShortWave - short wave of price fluctuation. Level contr
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Andrey Kozak
Indicadores
XL Arrow is a signal indicator that displays market entry points. The red arrow and the DOWN signal at the right corner indicate it is time to sell, while the blue arrow and the UP signal indicate it is time to buy. Settings PeriodSlower - indicator slowing period. PeriodFaster - indicator acceleration period. Recommendations trading pairs: EURUSD, GBPUSD and USDJPY timeframes: M5 - H4
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Asesores Expertos
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
CoolLine is a signal indicator displaying on a chart points for opening and closing trade positions. The indicator signals are not redrawn. It draws arrows on the zero bar Open[0]. It works on all currency pairs and all time frames. Indicator Advantages Precisely shows the opening and closing points on the chart Does not redraw signals Works on all currency pairs and timeframes Very easy to use; suitable even for beginners Has a very flexible system of settings Can send push and email notifica
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
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Indicadores
Bomb Scalper is a ready-made mechanical trading system that analyzes the market using 12 market signals, as well as candle patterns, providing signals for opening and closing trades. On the screenshot below, you can see how the system draws the blue arrow for buying and the red one for selling. Order close signal is shown as the yellow arrow. Besides, during a closing signal, the indicator calculates potential profit/loss. How the indicator works After launching, Bomb Scalper navigates through
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Asesores Expertos
Stiker is a robot capable of trading in automatic or semi-automatic mode . If auto=true in the robot settings, the robot automatically opens and closes orders on its own when a signal appears. If auto=false, the robot analyzes the market and shows signals on the screen, while a trader manually confirms opening or closing orders by clicking the Open Buy and Close Order buttons. This is done to enable traders make trading decisions themselves. This reduces the trading risk. Striker is a smart syst
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Indicadores
Si aún no posee su estrategia comercial, puede aprovechar nuestra estrategia de negociación lista para usar, que es más efectiva para el par de divisas EURUSD H1. El indicador "Ready Made Scalping System" analiza automáticamente el mercado y muestra al operador cuándo abrir y cerrar pedidos. Solo necesitas seguir sus instrucciones. Cuando aparece la flecha, abre el pedido, cuando aparece un cuadrado con una marca, cierra el pedido. Para conveniencia del comerciante, el indicador cuando aparece
Amok
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Asesores Expertos
Amok - completamente automatizado sistema de comercio que fue desarrollado para el comercio en el EURUSD par de divisas, H1 marco de tiempo en el micro. Sin embargo, como muestra la práctica, este sistema de comercio funciona bien en otros pares de divisas. Principio de trabajo del robot comercial Amok En el algoritmo del robot, hay más de 7 estrategias comerciales diferentes. Esto se hizo para garantizar que el robot pudiera funcionar de manera más estable en diferentes condiciones de me
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4.5 (2)
Indicadores
ForexGumpXL es una nueva generación en la línea indicadora de Forex Gump. Más precisa, más rápida, menos complicada en la configuración se trata del nuevo indicador ForexGumpXL. En la nueva versión del indicador, hemos aplicado un algoritmo de trabajo verdaderamente nuevo. Ahora no solo analiza el mercado para una reversión de precios, sino que, con la ayuda de un algoritmo de adaptación, determina la volatilidad actual en el indicador de mercado con un alto grado de probabilidad y puede anticip
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Versión 2.0 2024.05.19
Fixed an error in deleting objects from the chart