Renko Expert Advisor - How to profitably trade renko charts in MetaTrader [a RobotFX renko strategy]

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#Renko Expert Advisors is a set of two #Metatrader expert advisors designed to (Renko Chart EA) build renko #charts and (Renko Trader EA) trade on these renko brick charts.
#Download https://www.robotfx.org/p/renko.html
Renko playlist https://www.youtube.com/playlist?list=PLc_lZWE-pgjuvoMo-e53diE9fDd_YRme9

Renko EAs main functions:

- Create offline renko charts with custom (M) names, such as M2, M3, M4 (not the default M1, M5, M15, M30)
- Continuously update these renko charts so the trader can trade manually or attach an expert advisor that trades automatically
- Trade with the (determined by PSAR indicator) trend, open/close trades based on renko brick color

The Renko Charts EA is a MetaTrader expert advisor that allows the creation and use of the renko bars charts in Metatrader. As an experienced trader you probably know that the MT4 doesn’t have renko bars, its defaults being candlesticks, lines and bar charts.

The Renko Trader EA is a Metatrader expert advisor that can trade renko bricks. This EA has a trend detector and can be instructed to buy only in uptrend, or sell in downtrend. It comes with the possibility to use a fixed lotsize or a percentage of the free margin to open the trades, and all the other trade management features that traders use: break-even, stop-loss, take profit, trailing stop etc.

Questions Answered in this video:

Does MetaTrader have RENKO charts? What kind of charts can I trade using Metatrader? 00:05
How can I trade renko charts in MetaTrader? 00:18
Where to download the Renko Expert Advisor for free? 00:45
Why are renko charts better than candlesticks? 01:01
What are renko bricks? 01:20
How to profitably trade with the trend on renko chart? 01:55
How to create renko charts in MetaTrader? 07:20
How to download more history charts in MetaTrader? 07:50
Where are the renko charts in MetaTrader? 09:53
What are the Renko Chart EA Settings? 12:30
How to set the renko Bar Size? 13:22
How to determine the renko bar size depending on Average True Range (ATR) indicator? 16:20
What are the Renko Trader EA Settings? 18:15
Does the Renko Trader have money or automatic lotsize management? 18:55
Can this EA trade with the trend? 23:22
How to filter fake trading signals? 24:16
How to manage trades opened by this EA using another expert advisor? 27:14
Where to download the Renko Expert Advisors? 29:20

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This might answer the following #forex trading questions:

How to trade renko?
How to trade renko bars?
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How to trade RobotFX Renko Chart?
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MT4 Indicators For Sale
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