Simple Renko EA

[onokesN1]

Rules:

EA opens long position when the previous bar was green
EA opens brief position when the previous bar was reddish

There is yet another thing you want to know. A position need to open following the near of EVERY candle.

Hope it'll clarify what I mean:



Anynone has seen that?

[BSesckburd1983]

this is your incremental lot size EA works like this: new bar opens, even if chart symbol is in profit, shut all trades for chart symbol if previous bar was up, open a buy if preceding bar was down, open a market increment second trade by lot size. IE lot1 = lot1 lots. This is not martindale, its own incremental, therefore on a streak of pubs which reverses, profit is going to be attained on the next bar of the change make sure your renko bars will be MORE than the disperse, 5document

hi buju, great work!!

If you not mind, would you talk about the MQ4 on your EA...
that I believe I want to add some money management to make this better for newbies, it is possible to PM me/reply this. Thank you a lot for the hard works, may God's bless you dear...