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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 Pivot Trader Pro?

Pivot Trader PRO is recognized as one of the leading trading systems in the market today. This fully automated solution protects your account's equity and utilizes pivot levels much like an experienced trader would. Pivots are essential indicators that enable traders to identify support and resistance on charts as prices change. Acting as an expert advisor, Pivot Trader PRO operates on the widely-used Metatrader 4 platform, which is often provided at no cost by numerous Forex brokers. There's no need for advanced technical skills, and you don't need to be a computer expert or financial professional to set up Pivot Trader PRO. The system takes care of opening, managing, and closing trades automatically on your behalf. It is designed to enhance the growth of your Forex account in the shortest possible time frame, with the aim of significantly surpassing other investment alternatives in the market. As a result, even beginners can enjoy the excitement of automated trading success, bypassing the typical steep learning curve associated with Forex trading, making it an appealing option for those looking to dive into the world of trading.

Media

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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

$799 per month
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

Pivot Trader Pro

Company Website

www.pivottraderpro.com/piv.html

Categories and Features

Categories and Features

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