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MetaTrader 5 Expert Advisor | Renko Level EA

The EA uses indicator Renko Level (the indicator must be in the MQL5\Indicators\MyInd\ folder)

MetaTrader Experts, Indicators, Scripts and Libraries

Inputs

  • Lots (or "Lots">0 and "Risk"==0 or "Lots"==0 and "Risk">0) - constant lot size
  • Risk (or "Lots">0 and "Risk"==0 or "Lots"==0 and "Risk">0) - lot size is calculated dynamically
  • Size of block - "block" size
  • Reverse - flagging the reverse of signals for opening positions
  • Increase - flagging to incrase the positions
  • magic number - the unique EA identifier

An example for AUDUSD,M1:

MetaTrader Experts, Indicators, Scripts and Libraries

MetaTrader Experts, Indicators, Scripts and Libraries

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