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What is Renko EA?

Renko Expert Advisors consist of two distinct Metatrader tools: the Renko Chart EA, which generates renko charts, and the Renko Trader EA, which facilitates trading based on these renko brick charts. The primary capabilities of the Renko EAs include the ability to create offline Renko charts using custom names like M2, M3, and M4, while avoiding the standard M1, M5, M15, or M30 configurations. These Renko charts need to be consistently updated to enable traders to execute manual trades or to utilize expert advisors for automated trading. Additionally, the system can utilize the Parabolic SAR (PSAR) to determine when to open or close trades based on the color of the Renko bricks. The Renko Charts EA serves as a MetaTrader expert advisor that allows users to create and utilize Renko bar charts, which are not natively available in MT4 since it primarily relies on candlestick, line, and bar charts. Meanwhile, the Renko Trader EA is designed to trade these Renko bricks, helping users identify market trends and providing the option to buy during an uptrend or sell when a downtrend is detected. Ultimately, both tools enhance trading strategies by incorporating the unique characteristics of Renko charts, allowing traders to make more informed decisions in the market.

What is Automic Trader?

What you are about to receive has been meticulously evaluated and metaphorically "examined under a microscope," thoroughly tested, and has garnered official approval prior to being presented to you. You will have access to validated outcomes from MyFxBook, a well-respected third-party monitoring platform, which can be scrutinized by any digital forensic expert who can confirm their legitimacy. For those who may not be aware, MyFxBook acts as a reliable source for authenticating the performance of traders and trading software alike. Our back tests have indicated that the performance metrics are in close alignment with those found in real-world trading conditions. Elements such as slippage and execution speed do not impede its ability to spot and execute profitable trades, thanks to the comprehensive and rigorous assessments it has undergone. Additionally, the beta-testers who participated in allowing the software to manage their trades for a five-month period have shown a high level of satisfaction with its results. The software is referred to as Automic Trader, as it is designed to function independently, alleviating the necessity for you to be actively involved in the trading process while still achieving remarkable outcomes. This pioneering method enables users to reap the rewards of trading without the continuous vigilance that is often essential. By incorporating advanced algorithms, Automic Trader adapts to market changes, further enhancing its reliability and efficiency.

Media

No images available

Media

Integrations Supported

MetaTrader 4

Integrations Supported

MetaTrader 4

API Availability

Has API

API Availability

Has API

Pricing Information

$98
Free Trial Offered?
Free Version

Pricing Information

$497 per year
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

RobotFX

Date Founded

2006

Company Location

United Kingdom

Company Website

www.robotfx.org/p/renko.html

Company Facts

Organization Name

LeapFX

Date Founded

2012

Company Website

www.leapfx.com/automic-trader/

Categories and Features

Categories and Features

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