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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 CapitalXtend?

CapitalXtend provides an outstanding trading platform featuring MT4 and MT5, allowing traders to participate in the market with low spreads on over 300 financial instruments. Beginners can take advantage of a demo or trial account that is easily accessible to help them start their trading journey. Our online trading system guarantees prompt processing of deposits and withdrawals, along with competitive spreads and 24/7 bilingual customer support. Traders can engage in a variety of markets, such as Forex, Commodities, Indices, and Crypto, using the renowned MetaTrader4 and MetaTrader5 platforms, which are tailored to ensure a smooth experience for both experienced professionals and newcomers. Furthermore, the platform's intuitive interface significantly improves the overall trading experience, making it an excellent option for those eager to refine their trading abilities. With such comprehensive features, CapitalXtend stands out as a premier choice for traders at all skill levels.

Media

No images available

Media

No images available

Integrations Supported

MetaTrader 4

Integrations Supported

MetaTrader 4
MetaTrader 5

API Availability

API Availability

Pricing Information

$98
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

Windows
Mac
Chromebook
Linux

Supported Platforms

SaaS
Windows
Mac

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

Training Options

Documentation Hub
Webinars
Online 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

CapitalXtend

Date Founded

2003

Company Location

Kazakhstan

Company Website

www.capitalxtend.com

Categories and Features

Forex Robots

Not specified

Categories and Features

Forex Trading

Not specified

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