This short video will walk you through the installation process: InstallationĪll folders with header files & EA should be placed in the MQL5 sub-folder of your Metatrader's Data Folder. The settings enable very flexible entry & exit signals as well as an optional trailing stop. The EA uses the most commonly used renko trading signals. Renko_EA - Robust EA for automated trading on renko charts.

Both a fixed stop loss and take profit levels can be set as well as valid trading hours. PriceMA_Cross.mq5 - A fully functional EA that places trades on price & MA cross signals. Fixed stop loss and take profit levels can be set as well as valid trading hours. MedianRenko_RSI indicator is used in the example (RSI values are outputted to log).ĢMA_Cross.mq5 - A fully functioning EA that places trades based on a 2 MA cross signal. MedianRenkoIndicator.mqh - This helper header file includes a MedianRenkoIndicator class which is used to patch MQL5 indicators to work directly on the Renko charts and use the Renko OLHC values for calculation.ĮxampleEA.mq5 - An example EA skeleton showing the use of methods included in the MedianRenko class libraryĮxampleEA2.mq5 - An example EA utilizing the Super Trend indicator on Renko to make trading decisions also showing the use of methods included in the MedianRenko class libraryĮxampleEA3.mq5 - An example showing the use of additional indicators (included in the Indicators/MedianRenko folder) in your EA. It contains the definition and implementation of the MedianRenko classĬommonSettings.mqh & RenkoSettings.mqh - These header files are used by the MedianRenko class to automatically read the EA settings used on the Renko chart where the EA should be attached.

MedianRenko.mqh - The header file for including in the EA code. It is not required to clone the settings from the indicator to the EA.

The created EA will automatically acquire the settings used on the Renko chart. The class library file simplifies the MedianRenko indicator usage when creating a Renko EA for MT5. MQL5 header file for the 'Median and Turbo Renko indicator bundle' available for MT5 via MQL5 Market.

Renko ea