Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
When using Metatrader to initiate an order, it is necessary to access a window where you input the opening price, stop loss, take profit, and trade size. Effective capital management is crucial in trading the financial markets to protect your initial investment and grow it over time. Prior to determining the appropriate trade size, you must perform the necessary calculations to answer how much you should trade. For scalpers who require the ability to swiftly open and close trades without the need for setting stop losses or profit targets, the Trade Manager panel provides a convenient solution, allowing you to set fixed order parameters for quick execution. Additionally, the Trade Manager panel simplifies the process of closing or deleting orders, enabling you to either close all positions with a single click or selectively close certain types of pending orders or only those that are either profitable or resulting in losses. This versatility makes the Trade Manager an invaluable tool for traders who prioritize efficiency and quick decision-making.
Description
Renko Expert Advisors are a set of two Metatrader advisors that (Renko Chart EA), build renko charts, and (Renko Trader EA), trade on these renko bricks charts.
Renko EA's main functions
You can create offline Renko charts using custom (M) names such as M2,M3, M4 (but NOT the default M1,M5, M15, or M30).
These Renko charts should be kept updated so that traders can trade manually or attach expert advisors that trade automatically.
Trade with the (PSAR), open/close trades based upon Renko brick color.
The Renko Charts EA, a MetaTrader expert advisor, allows you to create and use Renko bars charts in Metatrader. You probably know by now that the MT4 does not have Renko bars. Instead, it uses candlesticks, lines, and bar charts.
The Renko Trader EA, a Metatrader expert adviser that can trade Renko bricks, is called the Renko Trader EA. This EA can be used to detect trends and can be instructed either to buy in an uptrend or to sell in an downtrend.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$98
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Forex Trade Manager
Country
United States
Website
www.mql5.com/en/market/product/37228
Vendor Details
Company Name
RobotFX
Founded
2006
Country
United Kingdom
Website
www.robotfx.org/p/renko.html