Renko Chart (Based on ATR & Simple Moving Average strategy)

Hello,

looking for an EA working for all assets and timeframes, as its name here are the points to be included :

Indicators :

_ renko can be either based on closing prices or the high-low range. Their sizes are adjustable, both manually by a fix tab and dynamically corresponding to the ATR value. The user will be able to switch between the functions.

_ two moving averages, one of 200 and another of 13. Their values are adjustable. important note : these moving averages are coming from the renko bars, not from the actual price candle values.

Conditions :

_ when two consecutive renko close above/ below the EMA(13) and are as well above/ below EMA(200), then a long/short position can be opened.

_ at this moment a stop loss is generated and set at one brick size under/ above EMA(13) in function if it is a but or sell position.

_ a trailing stop corresponding the value of the stop loss, triggered once it can be so normally at profit break even.

Money management features :

_ lot size based on a fixed % of account ballance.

Optional :

_renko have wicks.

_the risk of the lot size is dynamic ans changes accordingly the profit/ loss.

_an additional closing trade condition when the 13 EMA crosses the renko.



Wish all the best for you coders.
Best regards

Baptiste Maubert