YY Renko Random Robot

            This Expert Advisor belongs to the "almost Grail" category. What does this mean? This means that this EA makes it possible to trade profitably in almost any trading situation (with the exception of a very specific and rare situation, which will be considered separately below). The words "any trading situations" mean not only standard things (such as a trend or flat), but also any other patterns and/or figures, including the most unexpected and "arty-crafty", and which do not even have names in the framework of traditional technical analysis. This is not an unfounded statement: below in the text we will show specific examples of the profitable work of this Expert Advisor on a variety of patterns (both standard and not so).

            But first things first. First of all, it is highly recommended to read the description of the free indicator "YY Line of Renko on the Chart" [link], on the basis of which this Expert Advisor is built. After this introduction, many things will become clear, which will be discussed below.

 

* * *

 

            So, if you have already read the description of this indicator, then you should know the following:

            - it is convenient to represent price movements in the form of a stepped line (Renko chart);

            - the movement of the market differs little from a random discrete walk;

            - despite the randomness of these price movements, there are four main Patterns (two trending and two flat) that occur most often;

            - depending on the success of working with these four Patterns, each expert can be assigned to one of four groups: "not Grail", "semi Grail", "almost Grail", "pure Grail";

            - this expert belongs to the category "almost Grail" according to formal features.

 

* * *

 

<For the continuation and full text of the description, see the attached file in the first post on the "Comments" tab>

 


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//////  THEHRANTO V3  /////// ****  Important ****** This robot is equipped with a professional News Filter. During backtests, all important economic events are detected and trades are filtered before and after high-impact news. While backtests show reduced risk during news releases, the best way to verify real performance is through live signals       https://www.nxfx.ca/                                                                                                                         
The Infinity EA MT4
Abhimanyu Hans
3.73 (30)
Tecnologia basata sull'intelligenza artificiale con ChatGPT Turbo Infinity EA è un Expert Advisor di trading avanzato progettato per GBPUSD e XAUUSD. Si concentra su sicurezza, rendimenti costanti e redditività infinita. A differenza di molti altri EA, che si basano su strategie ad alto rischio come martingala o trading a griglia. Infinity EA impiega una strategia di scalping disciplinata e redditizia basata su reti neurali integrate su apprendimento automatico, tecnologia basata su intelligenz
EvoTrade EA MT4
Dolores Martin Munoz
EvoTrade: Il primo sistema di trading auto-apprendente sul mercato Permettetemi di presentarvi EvoTrade, un consulente esperto unico nel suo genere, sviluppato con tecnologie all'avanguardia di visione artificiale e analisi dei dati. Si tratta del primo sistema di trading auto-apprendente sul mercato, operativo in tempo reale. EvoTrade analizza le condizioni di mercato, adatta le strategie e si adegua dinamicamente ai cambiamenti, garantendo una precisione eccezionale in qualsiasi ambiente. EvoT
Big Forex Players MT4
MQL TOOLS SL
4.81 (42)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
About Warp Drive Forex AI is a GBPUSD scalper, it trades at night time when the volume is low and the winning chances are high. Its uses a high accuracy scalping strategy backed up with a unique and effective risk management technique. Join our   MQL5 group   for more useful information and products updates. Also, you can get the MT5 version   here. This is the Pro version of W Drive Forex AI, in Pro version, a user can adjust all the settings including the lot size as well. You can find the  
Exp4 AI Sniper for MT4
Vladislav Andruschenko
2.33 (3)
Il nostro team è entusiasta di presentare Trading Robot, il consulente esperto di trading intelligente all'avanguardia per il terminale MetaTrader. AI Sniper   è un robot commerciale intelligente e auto-ottimizzante progettato sia per i terminali   MT4   . Utilizzando un algoritmo sofisticato e metodologie di trading all'avanguardia,   AI Sniper   incarna l'eccellenza nell'ottimizzazione del trading. Con oltre 15 anni di vasta esperienza sia nei mercati borsistici che azionari, il nostro team h
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YY Multi Waves MT5
Yuryi Yatsenko
3.67 (3)
This indicator displays the wave structure of the market in the form several wave levels nested in each other. For each of these levels an automatic preliminary (draft) marking of waves in Elliott's style (123..., ABC... etc.) is created. This markup is completely automatic and absolutely univocal. The indicator is especially useful for beginner wave analysts, because among all the possible versions for wave marking, it allows you to immediately take the most adequate version as a ba
This indicator is the basis for an Expert Advisor that can be categorized as "almost Grail". See details below.             This indicator displays the projection of the Renko chart on the price chart. This projection is displayed as a stepped line, not as "bricks" (rectangles). See slides 1 and 2. Abbreviated name of the indicator: LRC – L ine of R enko on the price C hart.             The principle of its construction is very simple. First, a grid of horizontal lines (levels) is bu
FREE
YY Mono Waves MT5
Yuryi Yatsenko
3 (1)
The Mono Waves indicator is designed to display the wave behavior of the market on a chart. Its appearance is presented on slide 1.   This indicator uses the PPPC (Point-Percent Price Channel) indicator, which can be downloaded for free from the  Market .              When the market moves up, the upper border of the price channel is built on High candlestick prices (for more details, see the description of the PPPC indicator at the link given above). The higher the High prices rise
FREE
YY PP Price Channel MT5
Yuryi Yatsenko
4.75 (4)
The Point-Percent Price Channel (PPPC or PP Price Channel) indicator is designed to display on the chart a channel whose width is specified both as a percentage of the current price and in points. Its appearance is presented on slide 1.             When the market moves up, the upper border of the channel is built at the price of High candles. In this case, the lower boundary follows the upper one at a strictly specified distance. When the price touches the lower border of the channe
FREE
The Point-Percent Price Channel (PPPC or PP Price Channel) indicator is designed to display on the chart a channel whose width is specified both as a percentage of the current price and in points. Its appearance is presented on slide 1.             When the market moves up, the upper border of the channel is built at the price of High candles. In this case, the lower boundary follows the upper one at a strictly specified distance. When the price touches the lower border of the channe
FREE
The Mono Waves indicator is designed to display the wave behavior of the market on a chart. Its appearance is presented on slide 1.   This indicator uses the PPPC (Point-Percent Price Channel) indicator, which can be downloaded for free from the Market .             When the market moves up, the upper border of the price channel is built on High candlestick prices (for more details, see the description of the PPPC indicator at the link given above). The higher the High prices rise, t
FREE
YY Multi Waves
Yuryi Yatsenko
4 (3)
This indicator displays the wave structure of the market in the form several wave levels nested in each other. For each of these levels an automatic preliminary (draft) marking of waves in Elliott's style (123..., ABC... etc.) is created. This markup is completely automatic and absolutely univocal. The indicator is especially useful for beginner wave analysts, because among all the possible versions for wave marking, it allows you to immediately take the most adequate version as a ba
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