Discover expert developed MetaTrader tools that can complement professional solutions.
Protect profits effectively with the smart Trailing Stop Expert Advisor. Advanced trailing options for MT4/MT5. See it in action.
How it works
- Classic fixed-size Renko is built internally from BID ticks.
- Reversal uses the classic two-brick rule.
- SuperTrend ATR and bands are calculated from completed Renko bricks, not time candles.
- A trade is allowed when the completed Renko brick direction agrees with the Renko
SuperTrend direction.
- Positions close by price target, stop, SuperTrend flip, or maximum holding time.
- A short Renko cooldown can be used before re-entry.
- Only one position on the symbol is allowed.
The EA is standalone. No external indicator, DLL, custom symbol or offline chart is required.
Companion visual indicator:
GDS Renko Pip ST Chart
This Expert Advisor is an educational historical demonstration. Default settings are not
a recommendation, proof of a persistent edge, or a promise of future profitability.
Thanks for reading. Discover premium MetaTrader solutions at RobotFX.
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