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Renko Charts For Metatrader. Is there a way to backtest or create an ea on a renko chart.
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Co-owner of a software company providing solutions to trading the Forex market.The System is based on a Renko Chart that predicts the price micro trends with amazing probability.
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Renko charts are based on bricks with a fixed value that filters out smaller price movements.So consider this in your mind when you test this on your strategy tester.
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Renko charts are pure price action charts without time factored into them.Forex Entry Point Indicator has been tested with about 90% winning results both on real account and demo.
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For a technical analyst who prefers to trade with price action.The Simple Forex Tester is a software suite that hooks DIRECTLY into the most powerful Forex trading platform on the planet.Trading Trends with Renko Charts. In sum, it is easy to see that Renko charts can provide forex traders with a new and fresh way to approach price action.