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KT Renko Patterns MT4

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Démo téléchargée: 533

Publié: 15 août 2020

Version actuelle: 2.3

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KT Renko Patterns MT4

2.33

Indicateurs
KEENBASE SOFTWARE SOLUTIONS
Version: 2.3
Mise à jour: 15 février 2021
Activations: 5

KT Renko Patterns scans the Renko chart brick by brick to find some famous chart patterns that are frequently used by traders across the various financial markets.

Compared to the time-based charts, patterns based trading is easier and more evident on Renko charts due to their uncluttered appearance.

KT Renko Patterns features multiple Renko patterns, and many of these patterns are extensively explained in the book titled Profitable Trading with Renko Charts by Prashant Shah.

A 100% automated EA based on the KT Renko Patterns indicator is available here - KT Renko Patterns EA.

Features

Trade up to eight crystal clear Renko patterns without any ambiguity.
To offer the complete objectivity, Stop-loss and Fibo targets are provided with each pattern.
KT Renko Patterns continuously measures the accuracy of each pattern and display vital statistics on the chart.
Renko brick reversals are marked, and alerts are provided for the same, which helps to plan the premature exits in case of a sudden reversal.
The identified patterns never repaint or redrawn.

Included Patterns

W-M pattern
Power Pennants
AB=CD pattern
Triple Top/Triple Bottom
Double Top/Double Bottom
Two Back Strike
ZigZag Bricks
Swing Breakout

Optimizing the Signals Accuracy

KT Renko Patterns shows multiple patterns, but not every pattern may be suitable for a symbol. You can quickly improve the accuracy of the signals by following the simple steps:

Make sure each pattern is set to True.
Choose a "Success Rate Criterion" (we recommend the second TP).
Turn-off each pattern one by one and monitor the success rate percentage.
If turning off a particular pattern improves the success rate, keep it off.
If turning off a particular pattern worsen the success rate, set it to True again.
Adjust the value of "Min. Bars Between Patterns" between 20 to 100.

Increasing the value of "bars distance" between the patterns will usually improve the success rate. However, a high value will significantly decrease the number of signals, so a balanced value between 20 to 100 must be selected.

Input Parameters

Min. Bars Between Patterns: The minimum number of bars between each pattern. It can help to improve the accuracy of the signals.
Mark the Brick Reversal: It marks the Renko brick reversals on the chart.
Alerts for Brick Reversal: If true, it generates alerts at each brick reversal.
Draw Pattern Names: Draw the pattern name of each signal.
Performance Analysis: The indicator measures its performance and shows the essential metrics.
Success Rate Criterion: The benchmark to measure the success rate of the signals.

FAQs

Q. Does it work on standard time-based charts?

A. The KT Renko Patterns indicator is explicitly developed for the Renko bricks. It works on the standard time-based chart but is not recommended as it defeats this indicator's whole purpose.

Q. Is there a way to optimize the accuracy of the signals?

A. Yes. The optimization instructions are provided above in the description.

Q. I think a chart pattern that would be useful on the Renko charts. Can you add it in the next version?

A. Please send us a message. If our research team finds the pattern valuable for Renko, we'll include it in the next version.

Q. Is it possible to import this indicator into an expert advisor?

A. Yes. Please send us a message to acquire the developer's code for the importation.

plus...

764

Neb Elbey 2020.10.11 06:58 #

Absolutely the best Indicator for renko that I have ever used to give me a good entry position that I can trust based upon simple setups without the noise. My only regret is that I did not just buy it at at first and save $100. This is a no brainer it does all the analytical work for you. All you have to do is pull the trigger.

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Rental/Lifetime Package Options and Privileges' * For optimum results the yearly or lifetime package is suggested due to live training and Discord channel trading with the creator! Rent Monthly Six Months Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Free Rectangle Break Alert Tool x Discord Access Channel "The SI traders" x 2-hour live methodology traini

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StalkeR Arrow est un indicateur de flèche qui donne un signal d'achat et de vente sur la barre ouverte/intra-bar, cet indicateur est basé sur les modèles d'action des prix et les fractales. cet indicateur donne tp et sl pour chaque signal d'achat et de vente, les tp et sl se présentent sous forme de lignes au-dessus et en dessous de chaque signal, ils s'étendent jusqu'à ce qu'un nouveau signal soit formé cet indicateur a un panneau/tableau de bord de backtesting qui donne des statistiques de

150 USD

Actuellement 20% de réduction ! Ce tableau de bord est un logiciel très puissant qui fonctionne sur plusieurs symboles et jusqu'à 9 horizons temporels. Il est basé sur notre indicateur principal (Best reviews : Advanced Supply Demand ). Le tableau de bord donne une excellente vue d'ensemble. Il montre : Les valeurs d'offre et de demande filtrées, y compris l'évaluation de la force de la zone, Les distances en pips vers/et dans les zones, Il met en évidence les zones imbriquées, Il donne

199 USD

The indicator is designed to work on any trading platform. The program is based on proprietary algorithms and W.D.Ganna's mathematics, allowing you to calculate target levels of price movement based on three points with the highest degree of certainty. It is a great tool for stock trading. The indicator has three buttons: NEW - call up a triangle for calculation. DEL - delete the selected triangle. DELS - completely remove all constructions. The probability of achieving the goals is more than 80

370 USD

TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo

168 USD

Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find

249 USD

KT Trend Magic shows the trend depiction on chart using the combination of market momentum and volatility. A smoothing coefficient is used to smooth out the noise from the signal.It can be used to find out the new entries or confirm the trades produced by other EA or indicator. Features Drag n drop MTF scanner which scans for the new signals across multiple time-frames. Find new entries in the trend direction. Improve the accuracy of other indicators when used in conjunction. Can be used as a

30 USD

If you trade Forex, having detailed information about the currency strength and currency pairs correlation can take your trading to new heights. The correlation will help to cut your risk in half, and strength analysis will help to maximize the profits. This indicator provides a hybrid approach for selecting the most appropriate currency pairs using the strength analysis and currency pairs correlation. How to use the Currency Strength Analysis Suppose your trading strategy provides a buying o

90 USD

The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move. Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT4 Key features Stoploss and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the brea

145 USD

KT Auto Fibo draws Fibonacci retracement levels based on the ongoing trend direction. The Highs and Lows are automatically selected using the Maximum and Minimum points available on the chart. You can zoom in/out and scroll to adjust the Fibonacci levels accordingly. Modes Auto: It draws the Fibonacci levels automatically based on the chart area. Manual: It draws the Fibonacci levels only one time. After that, you can change the anchor points manually. Usage: Helps to predict the future p

30 USD

The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move. Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT 5 Key features Stoploss and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the br

145 USD

KT Asian Breakout carefully analyzes the range-bound market during the Asian session and then fires a long or short trade after doing some preassessment based on its inbuilt technical analysis module. The executed orders are closed within a day before the completion of the next day session. The inbuilt technical analysis module checks for the session range and compares it with the last 20 days price movement. If it finds any erratic price movement within the session, the orders are not execute

120 USD

KT Momentum Arrows Indicator is based on a momentary breakout which is calculated using the bands deviation and emerging volatility in a certain direction. A buy signal is generated when the price close above the upper band and a sell signal is generated when the price close below the lower band. A magnitude coefficient is used as the input which affects the band deviation and volatility at the same time. The coefficient value should be carefully selected and analyzed based on the instrument and

90 USD

KT RSI Divergence robot is a 100% automated expert advisor that trades regular and hidden divergence built between the price and Relative Strength Index (RSI) oscillator. The divergence signals are fetched from our freely available RSI divergence indicator. Not every divergence ends up in a successful price reversal, that's why this ea combines the raw divergences signals with its inbuilt technical analysis module to exploit the price inefficiency that occurs after some selected divergence si

90 USD

KT Ichimoku Trader is a fully automated expert advisor that offers five popular trading strategies based on the Ichimoku indicator. Each strategy has it's own entry and exit method without any interference to other strategies. The Ichimoku system can be applied to all major currency pairs and metals. However, we found that it performs reasonably well mainly on two pairs. MT4 Version is available here https://www.mql5.com/en/market/product/35041 Features Trade up to 5 famous trading strate

90 USD

KT Heiken Ashi Smoothed is a smoothed version of the standard Heiken Ashi. Moreover, it also plots buy/sell arrows on a trend change. A buy arrow is plotted when it change to a bullish state from bearish state. A sell arrow is plotted when it change to a bearish state from bullish state. Mobile notifications, Email, Sound and Pop-up alerts included. What exactly is Heiken Ashi Smoothed? It filters out the false signals and noise in the standard Heiken Ashi. It applies the set of two moving a

30 USD

KT Trend Magic shows the trend depiction on chart using the combination of market momentum and volatility. A smoothing coefficient is used to smooth out the noise from the signal.It can be used to find out the new entries or confirm the trades produced by other EA/Indicators. Usage Drag n drop MTF scanner which scans for the new signals across multiple time-frames. Find new entries in the trend direction. Improve the accuracy of other indicators when used in conjunction. Can be used as a dyna

30 USD

Divergence is one of the vital signals that depicts the upcoming price reversal in the market. KT Stoch Divergence shows the regular and hidden divergences build between the price and stochastic oscillator. Limitations of KT Stoch Divergence Using the Stochastic 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 with price action and trend direction. Features Marks regular and hidde

30 USD

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

30 USD

The ACB Trade Filter indicator provides a solution for filtering out the low probability trading setups in a trading strategy. The indicator uses a sophisticated filtration algorithm based on the market sentiment and trend. Applications Works great with our indicator " ACB Breakout Arrows ". Filter out low probability signals from any indicator. Avoid overtrading and minimize the losses. Trade in the direction of market sentiment and trend. Avoid the choppiness in the market. How to use Only

60 USD

KT COG is an advanced implementation of the center of gravity indicator presented by John F. Ehlers in the May 2002 edition of Technical Analysis of Stocks & Commodities magazine. It's a leading indicator which can be used to identify the potential reversal points with the minimum lag. The COG oscillator catches the price swings quite effectively. MT5 version of the same indicator is available here KT COG Advanced MT5 Calculation of COG The COG indicator is consist of the two lines. The mai

30 USD

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 PSA

30 USD

KT Ichimoku Trader is a fully automated expert advisor that offers five popular trading strategies based on the Ichimoku indicator. Each strategy has it's own entry and exit method without any interference to other strategies. The Ichimoku system can be applied to all major currency pairs and metals. However, we found that it performs reasonably well mainly on two pairs. MT5 Version is available here https://www.mql5.com/en/market/product/35043 Features Trade up to 5 famous trading strate

90 USD

KT Volatility oscillator analyze the past and current market data with a mathematical formula to display the result in a form of an oscillator. The growing and deteriorating waves are equivalent to high and low volatility in the asset. In a nutshell, volatility is simply a measurement of the price fluctuation of an asset over a certain period of time. Without volatility, there would not much movement in the market and traders would not be able to profit from the price movements. Use of Volati

30 USD

KT COG Robot is a fully automated Expert Advisor based on the KT COG Indicator . The COG indicator was originally presented by John F. Ehlers in the May 2002 edition of Technical Analysis of Stocks & Commodities magazine. The EA fires a long trade when COG line cross above the signal line and a short trade is fired when the COG line cross below the signal line. Adaptive Filtration Our adaptive filtration algorithm combines the original COG formula with the major trend direction and market ac

30 USD

This is a 100% automated expert advisor based on our custom indicator named "ACB Breakout Arrows" . The entries are based on a breakout pattern that constantly occurs in a bi-directional manner. The intensity of entry signals can be manipulated using the external input called "Signal Sensitivity". MT5 Version is available here https://www.mql5.com/en/market/product/35785 Trades Confirmation ACB Breakout Arrows EA provides an ability to filter the entries using our another custom indicator n

145 USD

120 USD

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 ex

90 USD

Use of support and resistance in systematic trading is very subjective. Every trader has their own idea and way to plotting the support and resistance levels on the chart. KT Support and Resistance indicator take out this ambiguity out of the situation and automatically draws support and resistance levels following an algorithmic approach using a unique multi-timeframe analysis. When launched on the chart, It immediately scan the most significant extreme points across all the available timefr

75 USD

90 USD

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

90 USD

KT Asian Breakout indicator scans and analyzes a critical part of the Asian session to generate bi-directional buy and sell signals with the direction of a price breakout. A buy signal occurs when the price breaks above the session high, and a sell signal occurs when the price breaks below the session low. MT5 Version is available here https://www.mql5.com/en/market/product/41704 Things to remember If the session box is vertically too wide, a new trade should be avoided as most of the price

120 USD

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 interpr

30 USD

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 pri

90 USD

Filtrer:

lacric333 2021.07.23 21:03 #

Customer service is non-existence. And when you finally talk to someone through here, there is always a reason they cant help you. I will never do business with this company again. Don't fall for the false statements made on their website.

46216

Réponse du développeur Nitin Raj 2021.07.23 23:43 #

MQL5 and Keenbase are two separate companies. We are just a vendor at MQL5. Statement and claims made at our website are applicable only to the purchases made at Keenbase website not Mql5.

2016

ROBERT EDWARD BIRD 2021.04.08 00:49 #

Save your money.

46216

Réponse du développeur Nitin Raj 2021.04.08 18:38 #

I asked in the comments, but you didn't explain what is not working exactly?

764

Neb Elbey 2020.10.11 06:58 #

Version 2.3 2021.02.15

- fixes the bug that was causing the lag.

Version 2.1 2021.01.19

- speed optimizations.
- bugs removal.

Version 2.0 2021.01.05

- Code optimization that increases the execution speed by almost 4 times.
- Addresses the minor bugs.

Version 1.5 2020.10.12

- Added SL and TPs to the buffers to provide an optimal way to fetch the SL and targets via EA.
- However, It is not recommended, but now the indicator can work on normal time-based charts with a warning message.
- Profit lines now appear on the tester.
- Addresses a bug that was causing the indicator to break on the tester.
- Addresses a bug that was causing the disappearance of pennant patterns sometimes.
- Added more weightage to complex patterns.
- Source code optimization.

Version 1.3 2020.08.19

- source code optimization for faster execution.
- some minor adjustments in the pattern names to make them more viewable.