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RenkoGrail Scalping EA

RenkoGrail EA is an highly accurate and professional scalping expert advisor working on renko charts with brick size of 5 pips, for MetaTrader 4.

This is the result of years of experimenting and trying to obtain the best results in trading as i'm obsessed with the achieving of high percentage of success with my trades.


FUNCTIONALITIES:

It will only work on a Renko chart with brick size of 5 pips. I decided to release this first version only for this size of renko candles as i verified that is a good choice for the most of the common traded forex pairs. Thus the price of the EA will probably raise in the next future, with new versions, as i add new features.

It is meant to take advantage of a temporary momentum in the market and automatically open and close trades after all conditions are met.

Standard “Take Profit” is 4 pips (i will explain in the rules section why).

Standard “Stop loss” will be few pips below or above previous renko candle with its wick taken in consideration thus you need to use a Renko indicator builder which also includes wicks.

The indicators i use for renko building are (these are free, i didn’t create nor own the copyright of these):

- RenkoLiveChart_v3.2

- STG_RenkoChart (This indicator requires you to refresh your charts every time you re-open your platform as it doesn’t automatically add the candles while the platform was closed. Open and close the platform twice also works)

Feel free to use your favourite renko indicator as long as it includes wicks for the right calculation of the stop loss. Don’t hesitate to contact me if you are struggling to find a working indicator.

If you want to trade more than one currency you have to apply the EA on every single chart you choose to trade.

The EA will automatically detect if you are using a 4-digits or 5-digits broker, it will automatically open trades and set take profit and stop loss. You only have to choose the lot amount in the settings of the EA.

For backtesting the EA, i used the method to test offline charts (renko) with strategy tester on MetaTrader4.

On the same youtube channel of the video i posted you can find other backtesting videos of all the major currencies.


RULES:

There are very few simple rules for the Renko Grail EA you must follow to assure the best results.

1.Renko bricks size must be 5pips.

2.Only apply on pairs with no more than 1pip spread or you will be not assured the max performance (This is why target is fixed to 4pips: this way you are safe to take profit with the very next candle almost every time).

3.ECN brokers are strongly advised as they usually provide the lowest spreads.

4.I suggest you to test the EA on demo for a certain amount of time before go live so you can realize what pairs works best for you and your broker.

5.That’s all! Enjoy your Renko Grail EA, put a smile on your face and sleep tight. I wish you all happy pips!

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Prado
Tatyana Kulyapina
“ 突破前一天的价格极限!   ”-此策略已有100多年的历史了,并且一直有效! 顾问的价格随着监视获利能力的提高而增加。 监控 :   Prado JPY风险3 prc 经纪人ICMarkets Global,账户类型:原始交易,点差0-3,佣金$ 7.0。此监视从顾问程序的第一个版本开始起作用,因此请从最后一次更新的日期开始检查测试结果! 监视 :   具有v5风险的Prado 3x1   Prc经纪人Alpari,帐户类型:pro.ecn,点差0-3,佣金$ 3.2。此监视可与Advisor的第五版一起使用,请检查自上次更新之日起的测试结果! PRADO   4.0在附加的文件注释 #194 中进行了测试。 PRADO是一种安全的EA 交易程序,可以立即设置挂单,止损和获利,并且可以进行多功能追踪止损。 PRADO 不使用:网格,平均,增加订单量和其他危险技术。 交易策略符合 FIFO 规则。 最低存款是 100美元 。 日内交易 具有趋势水平。 该工具 仅适用于USDJPY   ,您无需进行任何配置-使用默认设置。使用点差为0-3的帐户,这将增加您的利润。 对于那些希望的
499 USD
SSScalper MT4
SSScalper MT4
Dmitry Fedorchenko
Мониторинги работы эксперта на реальном счете в режиме реального времени: https://www.mql5.com/ru/signals/950580 https://www.mql5.com/ru/signals/950667 Telegram:  t.me/ssscalper SSScalper   - Одно из лучших решений для ночного скальпинга валютного рынка. Это система из множества отобранных алгоритмов и фильтров, которые диверсифицируют друг друга. Она позволяет максимально эффективно использовать спокойное ночью время на рынке в пользу трейдера. Используется динамический виртуальный Stoploss
265 USD
Hippo Trader Pro
Hippo Trader Pro
Michela Russo
30% discount only today (299 -> 199) Hippo Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian and European Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Another EA ! (All future updates included) -> To Recei
199 USD
Aura Turbo
Aura Turbo
Stanislav Tomilov
Price: $400 8 of 10 copies left at this price Next price $500 Signal MT4  https://www.mql5.com/en/signals/954082       >>>> Settings file with a Stop Loss   Signal MT5   https://www.mql5.com/en/signals/967587 Telegram channel:  https://t.me/aura_gold_ea Aura turbo is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of choosing a set of optimal hyperparameters for a learning algorithm.
400 USD
AW Recovery EA
AW Recovery EA
Alexander Nechaev
Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies o
145 USD
ATS Advisor
ATS Advisor
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of signific
499 USD
Algo Scalping EA
Algo Scalping EA
DMITRII GRIDASOV
Algo Scalping EA  - is an advanced fully automated scalping reversal trading system. Trading pairs : - AUDCAD, EURAUD, EURCAD, EURCHF, EURGBP, EURNZD, GBPAUD, GBPCAD, GBPCHF, GBPUSD, USDCAD, USDCHF, EURUSD If you install EA on different pairs (mentioned above) change  magic number  in settings because magics should be different on each pair (f or example for eurcad is 1112, for audcad is 1113, for eurchf is 1111 (default value), for gbpaud is 1114 and so on with other pairs, it can be any number
128.87 USD
Trend Line GRID mt4
Trend Line GRID mt4
Evgenii Aksenov
Promo price: $150 !!! Final price $795     User's Manual:   here           Live signals:     here            Our programs :  here            Subscribe to our  Telegram This is a grid EA based on the signals of the  Trend Line PRO  indicator  Trend Line GRID EA trade the first order based on the indicator signal and builds a grid if the price deviates. After a certain number of orders, the DrawDown Reduction function is enabled, which reduces the most unprofitable orders by closin
150 USD
North East Way EA
North East Way EA
PAVEL UDOVICHENKO
The current price $2738 will be frozen until May 5. Starting May 6, the price of NorthEastWay EA will rise to $3419.  My telegram channel:   https://t.me/new_signals My telegram contact:  https://t.me/paveludo My WeChat ID: PavelUdo North East Way EA  it is a fully automated “pullback” trading system, which is especially effective in trading on popular “ pullback ” currency pairs: AUDCAD, AUDNZD, NZDCAD. The system uses the main patterns of the Forex market in trading - the return of the pric
2 738 USD
Red Hawk EA
Red Hawk EA
Profalgo Limited
!! ONLY 1 LEFT AT 349$ !! NEXT PRICE: 399$ MT5 VERSION CAN BE FOUND HERE FOLLOW LIVE RESULTS HERE Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. Recommended broker:  ICMarkets.com  or Alpari.com Recomm
349 USD
Taipan
Taipan
Heiko Kendziorra
Taipan's algorithm bites small pieces out of   the market movements.  It opens several trades per day and closes them on the same day. More than 80% of the trades are   profitable in a historical backtest.  NO m artingale, grid trading or other dangerous method used, that at the end erases your account.  Always just one order open with tight StopLoss of 20 pip or less.   To avoid negative slippage Taipan sets limit orders in some market situations.  Live signal >>      (Demo, started earlier)
299 USD
EA Spectr
EA Spectr
Fanur Galamov
Limited offer  price $149. Next price $249. Final price $499. EA Spectr is an automated professional multi-currency expert advisor that designed for long-term profitable trading. The EA continuously controls price movements and makes accurate trades based on market patterns, trend and technical indicators. The Ea contains a flexible news filter, high spread protection, separate time and days trading filters and allows to work with automatic and fixed trading lots. Each Ea trade is c
149 USD
R Factor EA
R Factor EA
Raphael Minato
R FACTOR Expert Advisor with Proprietary Dynamic Portfolio Management System After 4 years of development and almost 3 years of real positive results , we are finally confident in sharing our strategy with the MQL5 community. It has always been important for us that the strategy performed positively for the creator before it could be shared. Skin In The Game is essential to demonstrate the belief in the strategy and also to provide a continuous improvement of it. Anyone who has been in this
519 USD
London Pride EA
London Pride EA
Dmitrii Golubev
Live Signal   https://www.mql5.com/en/signals/943594 Telegram Channel     https://t.me/Successful_Forex_EA  Recommended VPS:   https://ruvds.com/pr5256 Recommended Broker:   https://ru.weltrade.com/?r1=ipartner&r2=36541 London Pride is a high-end, totally automated Expert Advisor specifically devised to trade with GBPUSD currency pair. It is ideal for working on M15 timeframe. The EA uses sophisticated machine learning and self-adaptive algorithms to bring your trading performan
499 USD
Wild Side MT4
Wild Side MT4
Marat Baiburin
There are only 3 copies left at the price of 199$ Next Price 249$ The final price of the Expert Advisor is 2000$ Live monitoring of the Wild Side  https://www.mql5.com/ru/signals/962021 Demo  monitoring of the Wild Side  https://www.mql5.com/ru/signals/956622 MetaTrader 5 version   https://www.mql5.com/ru/market/product/64806 To correctly determine the trading time, you need to specify the broker's winter GMT time. you can read how to do this in my post:  https://www.mql5.com/ru/blogs
199 USD
Pinpoint EA
Pinpoint EA
Ryan Brown
The Pinpoint EA is the result of 6 months of work to build an EA that's able to safely recover a losing trade over 17+ years of backtesting. The Pinpoint has a 94% win rate and has never lost more than 2 trades in a row in 17 years of testing on the GU and EU.  The EA trades almost on daily basses and churns out a profit every week! Pinpoint V1.9 Backtest data shows a 94% win rate over 17 years! Projected monthly profit of 2.5% a month (default settings) Trades every week Trades the EURUSD & G
397 USD
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SunCoin Lite
SunCoin Lite
Francesco Grassi
- INTRO - There are 3 versions of the SunCoin Expert advisor: Lite, Standard and Elite, each of those coming with a different price and performance. For the moment i'm publishing only the Lite version, contact/email me for the other versions. This is not a grid/martingale EA. Every order placed has a clear and tight stop loss and a trailing stop system. This is an intense scalping EA for Gold pair (XAUUSD)   on 4H timeframe  and the result of many hours and hard work spent to optimi
250 USD
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版本 1.1 2020.06.16
v1.1 - RenkoGrail_EA automatically checks if renko bricks size is set at 5 pips.