Trading Robots for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
Maximize Your Renko Trading Efficiency with Super Renko Scalper
For Backtesting:
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Download the Renko Backtester EA: Access the file from my Google Drive here. The zip file includes images for configuration.
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View the Tutorial: Follow this YouTube tutorial for guidance on backtesting with Renko charts.
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Need Assistance? Contact me if you encounter any issues.
Download And Use This SetFile, do Not Keep Default Settings : https://bit.ly/RenkoSuperScalperSetFile
The Super Renko Scalper is a specialized Expert Advisor designed to fully automate your Renko chart trading. This EA takes advantage of Renko’s ability to filter out market noise, allowing you to follow clear trends with precision. It opens trades after every new candle based on the trend direction and intelligently closes all positions when the trend changes, ensuring you capture the bulk of the movement while minimizing losses.
Key Features:
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Automatic Trade Execution: Opens trades with every new Renko candle in the current trend direction and closes all trades upon trend reversal.
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Multi-Indicator Filters: Enhance your strategy with built-in Moving Average (MA), RSI, and other customizable filters. You can enable or disable these filters to fine-tune your trade entries.
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Simple and Effective Strategy: No more guesswork. The EA follows straightforward rules, perfect for Renko traders looking for consistent performance.
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Customizable Settings: Adjust trade filters, lot sizes, stop-loss, and take-profit levels to match your trading style.
How It Works:
- Trend Detection: The EA continuously monitors the direction of Renko candles, opening trades in alignment with the prevailing trend.
- Trade Management: All trades are closed when the trend changes, ensuring quick exits with minimal drawdown.
- Additional Filters: Apply or disable the MA, RSI, and other indicators as extra confirmation to refine your entries and exits.
Who Is It For?
Super Renko Scalper is ideal for both beginners and experienced traders who want to leverage the simplicity and clarity of Renko charts while automating their strategy.
How to Run Renko Super Scalper:
- Download a Renko Chart Generator from here : https://bit.ly/3BdnEEx and place it in your Experts folder.
- Enable "Allow DLL imports" in Tools > Options > Expert Advisors.
- Refresh your MT4 navigator window (or restart MT4) to load the new indicator.
- Open a 1-minute (M1) chart (e.g., EURUSD M1) and attach the Renko Super Scalper EA to it.
- Wait for the EA to convert the M1 bar history into Renko bricks (ensure the market is open).
- Go to the File menu, select Open Offline, and choose the symbol with the appropriate Renko timeframe (e.g., EURUSD M2).
You can now attach the Renko Super Scalper to the opened Renko chart.
If you don’t already have a Renko Chart Generator, simply reach out to me, and I will provide one at no additional cost with your purchase.
