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RenkoGrail Scalping EA

RenkoGrail EA is an highly accurate and professional scalping expert advisor working on renko charts with brick size of 5 pips, for MetaTrader 4.

This is the result of years of experimenting and trying to obtain the best results in trading as i'm obsessed with the achieving of high percentage of success with my trades.


It will only work on a Renko chart with brick size of 5 pips. I decided to release this first version only for this size of renko candles as i verified that is a good choice for the most of the common traded forex pairs. Thus the price of the EA will probably raise in the next future, with new versions, as i add new features.

It is meant to take advantage of a temporary momentum in the market and automatically open and close trades after all conditions are met.

Standard “Take Profit” is 4 pips (i will explain in the rules section why).

Standard “Stop loss” will be few pips below or above previous renko candle with its wick taken in consideration thus you need to use a Renko indicator builder which also includes wicks.

The indicators i use for renko building are (these are free, i didn’t create nor own the copyright of these):

- RenkoLiveChart_v3.2

- STG_RenkoChart (This indicator requires you to refresh your charts every time you re-open your platform as it doesn’t automatically add the candles while the platform was closed. Open and close the platform twice also works)

Feel free to use your favourite renko indicator as long as it includes wicks for the right calculation of the stop loss. Don’t hesitate to contact me if you are struggling to find a working indicator.

If you want to trade more than one currency you have to apply the EA on every single chart you choose to trade.

The EA will automatically detect if you are using a 4-digits or 5-digits broker, it will automatically open trades and set take profit and stop loss. You only have to choose the lot amount in the settings of the EA.

For backtesting the EA, i used the method to test offline charts (renko) with strategy tester on MetaTrader4.

On the same youtube channel of the video i posted you can find other backtesting videos of all the major currencies.


There are very few simple rules for the Renko Grail EA you must follow to assure the best results.

1.Renko bricks size must be 5pips.

2.Only apply on pairs with no more than 1pip spread or you will be not assured the max performance (This is why target is fixed to 4pips: this way you are safe to take profit with the very next candle almost every time).

3.ECN brokers are strongly advised as they usually provide the lowest spreads.

4.I suggest you to test the EA on demo for a certain amount of time before go live so you can realize what pairs works best for you and your broker.

5.That’s all! Enjoy your Renko Grail EA, put a smile on your face and sleep tight. I wish you all happy pips!

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Me gustaría compartir mi experiencia en el trading contigo. Empecé en 2010 y como muchas personas, buscaba aprender cómo generar ganancias consistentes en el mercado financiero. Sin embargo, me di cuenta de que no era tan fácil como se prometía en algunos anuncios. Aprendí que ganar en el trading requería esfuerzo y paciencia , y que era importante no caer en la tentación de seguir a las llamadas "estrellas" del mercado que prometen ganancias rápidas y fáciles. En lugar de eso, me enfoqué e
689 USD
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Alexander Nechaev
5 (8)
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145 USD
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Guillaume Duportal
5 (13)
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999 USD
ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. - REAL SIGNAL: Version 6:  https://www.mql5.com/en/signals/1897279 The strategy was Back-tested Stable from 2008 to 2022 using every tick based on real ticks in MT4 using Dukascopy Real Ticks 100% tick quality. Live trading is going well on many different brokers IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Some Features: - The EA has the most real ac
299 USD
EA Thomas
Vitali Vasilenka
4.68 (57)
EA Thomas es un algoritmo comercial único que incluye 5 asesores comerciales al mismo tiempo. El EA analiza simultáneamente 5 puntos de entrada en diferentes marcos de tiempo, dependiendo del nivel de riesgo, elige uno de los 5 para abrir en el mercado. Las funciones de EA le permiten elegir qué estrategias comerciales estarán activas para buscar puntos de entrada y en qué marcos de tiempo Canal de Telegram de nuestra comunidad (Instrucciones + Configuración) - https://t.me/EAQuantumLab Las se
149 USD
80% from database analysis, 20% use brokers' data, always do not rely on brokers' data all the time. This is one of the concepts to create our database products. Signal is here:   Newest important upgrade Instruction : Here for more information Concept of PenataQ EA: PenataQ EA is a fully automated trading system that operates without the need for any user input. The system employs a simple yet effective trading strategy that does not involve the use of a martingale approach. However, the most
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Tais Miranda Hoffmann
4.63 (19)
Only 5 copies for $180, next price: $200(3 copies left) For testing, in the settings, it is better to enable the full trade option. An expert based on artificial intelligence ( AI ) For GBPUSD in time frame 15 and 30 minutes, 1 and 4 hours and daily With Relatively large number of signals (To receive all the signals: activate the full trade option in the settings and run the expert at the same time in several time frames) Has a TP and a SL Without the use of dangerous strategies such as ma
180 USD
Supply Demand EA Pro
Georgios Kalomoiropoulos
5 (16)
SUPPLY DEMAND EA PRO ofrece una nueva forma de operar con cualquier instrumento financiero que desee. Se basa en el indicador MTF Supply Demand con muchas más funciones que elevarán su experiencia comercial y dispararán sus ganancias. Tiene la posibilidad de colocar Órdenes Limitadas y de Mercado con UN CLIC. El EA ajustará automáticamente el tamaño del lote de cualquier operación y administrará el StopLoss a la mitad o en BreakEven. Mi intención no era crear un EA que colocará intercambios alea
249 USD
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Versión 1.1 2020.06.16
v1.1 - RenkoGrail_EA automatically checks if renko bricks size is set at 5 pips.