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Kenko Trend Trader mt4

This is the EA version of the Kenko Trend Indicator mt4. It follows the trend on all instruments and trading pairs according to my improved step and ladder technique.


INTRODUCTION

For anyone studying forex charts, the aim is to identify trends, and spot reversals. If you have years of experience it may be easy, but most of us need something to make the trend apparent. If you're familiar with the popular renko charting method, you know that it was developed for this purpose. But renko charting has a flaw; the trend is often broken by false reversals. So I developed my own version - the Kenko Trend Indicator - which draws renko style trend following blocks over the chart using my improved step and ladder technique. It is non-repainting. The kenko trend trader simply trades according to the trend identified by the kenko trend indicator. 


The improved step and ladder technique is simple:

- kenko blocks are drawn only when a new candle opens

- the close price of the previous candle is used to determine whether a new block should be drawn; the wicks are ignored as they may give false signals

- a new position is opened whenever the trend changes from up to down (blue block to red block) or vice versa (red block to blue block)


INSTRUMENTS

The kenko trend trader works on all instruments, including;

- all currency pairs, such as EURUSD, AUDCAD, NZDJPY, etc

- metals like XAUUSD, XAGUSD, etc

- stock CFDs like AAPL

- stock index CFDs like SP500

- cryptocurrency CFDs like BTCUSD, XRPUSD, etc

- anything that can be traded on Metatrader 4


The block size may be different for each instrument. The most popular instruments already have default block sizes coded into the EA. However, you can set your own custom block size for any instrument in the settings when launching the EA.


TIMEFRAME

The kenko trend trader works on all timeframes.  I recommend the 1 hour (h1) timeframe (personal preference), but you can use any timeframe according to your trading rules and goals.


SET UP

For best results, make use of a VPS (virtual private server), so that the EA can trade 24/7.

Please ensure that the market watch contains ONLY the instruments you wish to trade with the EA, and nothing else. The expert counts the number of instruments displayed in market watch and uses the figure for money management calculations.

I recommend trading a portfolio of at least five (5) instruments simultaneously on one account


CAPITAL

I recommend starting with at least $500 capital for trading a portfolio of ten (10) currency pairs with the default settings.


FUTURE UPDATES

I am working to make the kenko trend trader more effective when trading with very minimal capital.

I am also working to make it more effective when trading with only one instrument.


ADDITIONAL INFORMATION

An mt5 version is available; get it on my products page.

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Live signal : TrendMaster FX The MT5 version : TrendMaster FX MT 5 Atualmente, há uma promoção de teste para o nosso EA. Após a compra, entre em contato conosco para obter acesso ao "Gold Garden" ou "AI TradingVision GPX". Para mais informações, por favor entre em contato conosco. Pares de moedas recomendados: GBP/USD (GBPUSD) USD/CAD (USDCAD) EUR/USD (EURUSD) AUD/USD (AUDUSD) USD/CHF (USDCHF) Nota Especial :   Currently recommended :GBPUSD, AUDUSD, EURUSD Configurações de risco: Para traders a
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!! POR FAVOR, ATUALIZE PARA A ÚLTIMA VERSÃO 2.05 PARA UM DESEMPENHO AINDA MAIS RÁPIDO!! SMART FUNDED HFT ACABOU DE PASSAR NO DESAFIO DE 100K DA KORTANA FX NA ABERTURA DO MERCADO EM 29.01.2024, APESAR DA BAIXA VOLATILIDADE POR FAVOR, VERIFIQUE A SEÇÃO DE CAPTURAS DE TELA, COLOQUEI A PROVA LÁ IMPORTANTE NÃO PERCA O DESCONTO EXCLUSIVO DE 40% DA KORTANA FX PARA PAGAMENTOS EM CRIPTOMOEDAS ATÉ 29.01.2024.  Liberte o seu potencial de trading com o Smart Funded HFT EA!   SEM NECESSIDADE DE VPS / SEM ARQ
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Mansour Babasafary
71% discount for the next 5 buyers (original price $9000): 3 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t
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Thi Thu Ha Hoang
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Você já se perguntou por que a maioria dos consultores especializados não é eficaz nas negociações ao vivo, apesar de seu desempenho perfeito nos testes retrospectivos? A resposta mais provável é over-fitting. Muitos EAs são criados para 'aprender' e se adaptar perfeitamente aos dados históricos disponíveis, mas falham em prever o futuro devido à falta de generalização no modelo construído. Alguns desenvolvedores simplesmente não sabem da existência do over-fitting, ou sabem, mas não têm uma m
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4.58 (38)
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PowerFul 1 Min Scalping System - Scalper automático de robô para troca no par de moeda Xauusd (o robô negocia em outros pares de moedas, mas obtém os melhores resultados em ouro). Períodos de tempo recomendados M5. O saldo inicial mínimo é de US $ 500. Este robô determina automaticamente os pontos de giro de preços e define vários pedidos diferidos na provável direção futura da tendência. Se o preço não se desenrolar na direção certa, o robô remove os pedidos atrasados. Mas se o preço se desenr
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Versão 7.22 2021.09.08
Minor changes to the order comment function.