EA - based on Renko-chart

General information: The EA is used for indices and FOREX. It works on VPS solution from MQL5, too.

The EA is based on the Renko-Chart:

1a) Entry - Long:

If x-blue bricks are in one row.

1b) Close-Long:

If x-red bricks are in one row.

2a) Entry – Short:  

If x-red bricks are in one row.

2b) Close-Short:

If x-blue bricks are in one row

Sample see enclosed:

Trading-hours:

To avoid higher spreads at night, the VPS should sometimes work at typical trading hours, only.

I should have the possibility to choose, if all open orders should be closed at e.g. 22:00

Input-Parameters:

Lot size:  starts at 0.01

Use Time Filter: True /False

Start Time:  e.g. 8:00

Stop Time:   e.g. 22:00

Use Close Time: True / False

Close Time: e.g. 22:30

Renko:

Size of the bricket:

Open after x-brickets in one row:

Close after x-brickets in one row:

Additional information:

I use the „Hyper Renko“, which is very simple

https://www.mql5.com/de/market/product/52565?source=Site+Market+MT5+Indicator+Search+Rating006%3ahyper+renko

Please name the file „Renko_EA“

For testing purposes, please build a second EA, wich exactly makes the difference:

Open SHORT: If x-blue bricks are in one row.

Open LONG: If x-red bricks are in one row.

Please name the file „Renko-Opposite_EA“