Renko Star Indicator MT4 (Work on version 1422+)
Renko Star MT4 is a professional indicator tool and integrates professional features and uses for Renko charts and achieves accurate analysis performance.
Frequently bought together
Frequently bought together
What is Renko Star Indicator?
Renko Star MT4 is a professional indicator designed to be compatible with the Metatrader 4 (MT4) platform. The indicator integrates professional features and is used for Renko charts and achieves accurate analysis performance.
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Features and Usage of Renko Star MT4
1. Key features:
- Renko Chart Trading: Designed specifically for use with Renko charts.
- Backtesting Dashboard: Provides essential trading data such as win rate and points won.
- Automatic TP and SL: Calculates Take profit and Stop loss levels based on ATR multiples.
- Signal Generation: Provides buy and sell signals indicated by arrows.
- Exact Signal Marker: A yellow marker pinpoints the exact signal price.
- No Repaint/Repaint: Signals are not modified after the fact.
- Customizable Parameters: Allows users to adjust settings for optimal performance.
- Alert Function: Provides customizable alerts.
- Customize Dashboard: Allows users to adjust the location of the dashboard.
2. Usage:
- Apply Indicator: Attaches the Renko Star indicator to a Renko chart.
- Signal Interpretation: Open buy or sell positions based on the indicator arrows.
- Risk Management: Set Take profit and Stop loss levels as recommended by the indicator.
- Parameter Optimization: Experiment with different parameter values to improve results.
- Dashboard Analysis: Monitor backtest data to evaluate performance.
Renko Star Indicator MT4 Review
Recommended Settings
Recommended settings and parameters to pay attention to from developers and experts:
Features | Type |
---|---|
Trading platform | MetaTrader 4 (MT4) |
Currency pairs | Any pairs |
Time frames | Any times |
Product type | NoDLL / Fix |
Additional services | Unlock and Decompile |
Recommended brokers | Exness Broker, HTFX Broker |
Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
>>> Reviewed by David Easton
What’s in the package?
- Indicators:
- RenkoStar_fix.ex4
- RenkoChart_Remote_fix.ex4
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User Reviews
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Renko Star Indicator MT4 (Work on version 1422+)
Original price was: $120.00.$25.00Current price is: $25.00.
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