EA based on renko charts

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Tempo di esecuzione 34 giorni
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Specifiche

Renco Automated Trading system


  1. Generate Renko chart (brick size adjustable 5-10 pips)
  2. auto execute trades based on the following strategy
  3. Backtest system 

Strategy...............


Buy Signal

Enter

Change from negative to positive

  • Renco chart 1st 2 bricks positive, close of 2nd brick (brick size adjustable 5-10 pips)
  • above EMA (adjustable)
  • Williams %R (buy signal)
  • When all 3 conditions satisfied OPEN trade

Exit

close of 1st brick negative (adjustable 5-10)


Sell Signal

Enter

Change from positive to  negative

  • Renco chart 1st 2 bricks negative, close of 2nd brick (brick size adjustable 5-10 pips)
  • below EMA (adjustable)
  • Williams %R (sell signal)

Exit

close of 1st brick positive (adjustable 5-10)



General requirements

lot size adjustable

SL adjustable

Add Trailing stop loss(adjustable)


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