MYSTERIOUS RENKO INDICATOR
(1 customer review)

USD  12

OS CompatibilityBanner New Low Prices

Product Published or Updated on July 5, 2024

ALREADY BOUGHT ? - REQUEST FREE LIFETIME UPDATE

SKU: 2065 Categories: , , , Tags: , ,
Share this strategy :

Description

Beat the Secrets of Forex Trading with the Mysterious Renko Indicator V1.0 MT4

Unlock the potential of your Forex trading strategy with the Mysterious Renko Indicator V1.0 MT4. This powerful tool, designed for the MetaTrader 4 platform, leverages advanced Renko chart technology to filter out market noise and provide clearer signals for entry and exit points. Whether you are a novice or an experienced trader, the Mysterious Renko Indicator offers a promising path to successful trading with its customizable settings and real-time market analysis.

Recommended Settings for Optimal Performance

To maximize the effectiveness of the Mysterious Renko Indicator, the following settings are recommended:

  • Minimum Deposit: $100
  • Timeframe: M30 (30 minutes)
  • Currency Pair: EUR/USD

Key Features of the Mysterious Renko Indicator V1.0 MT4

The Mysterious Renko Indicator is packed with features designed to enhance your trading experience:

  • Advanced Renko Technology: Utilizes Renko charts to filter out market noise, providing clearer signals for entry and exit points.
  • Customizable Indicator Settings: Allows traders to adjust parameters according to their trading style and risk tolerance.
  • User-Friendly Interface: Designed for both novice and experienced traders, offering a seamless trading experience on the MetaTrader 4 platform.
  • Real-Time Market Analysis: Provides up-to-date analysis, helping traders make informed decisions in real-time.

Strategy Behind the Mysterious Renko Indicator V1.0 MT4

The Mysterious Renko Indicator employs a strategic approach to market analysis, focusing on trend identification, momentum confirmation, entry and exit signals, and risk management:

Trend Identification

The indicator uses Renko bricks to determine the direction of the market trend. A series of bricks moving upwards indicates an uptrend, while bricks moving downwards signal a downtrend.

Momentum Confirmation

To confirm the strength of the trend, the indicator incorporates momentum indicators that help traders understand the pace at which the price is moving.

Entry and Exit Signals

The indicator generates buy or sell signals based on the alignment of trend and momentum. When both are in agreement, a signal is triggered, prompting traders to enter or exit a trade.

Risk Management

The strategy includes built-in risk management features that help traders protect their capital by setting stop-loss and take-profit levels.

How the EA Takes the Trade Off

The Mysterious Renko Indicator’s EA ensures seamless and efficient trade execution by following these steps:

Market Analysis

The EA continuously analyzes the market using Renko bricks and momentum indicators.

Signal Generation

Upon identifying a confluence of trend and momentum, the EA generates a trade signal.

Trade Execution

The EA automatically executes the trade on the trader’s behalf, entering a buy or sell position as per the signal.

Trade Management

The EA manages the trade by adjusting stop-loss and take-profit levels according to predefined risk management rules.

Trade Closure

The EA closes the trade when the take-profit level is reached or when the market conditions signal a reversal, protecting the trader’s profits.

Feature Details
Minimum Deposit $100
Timeframe M30 (30 minutes)
Currency Pair EUR/USD
Advanced Renko Technology Filters market noise, provides clearer signals
Customizable Settings Adjustable parameters for different trading styles
User-Friendly Interface Designed for novice and experienced traders
Real-Time Market Analysis Up-to-date analysis for informed decisions
Trend Identification Determines market trend direction using Renko bricks
Momentum Confirmation Incorporates momentum indicators
Entry and Exit Signals Generates signals based on trend and momentum
Risk Management Built-in features to protect capital
Market Analysis (EA) Continuous analysis using Renko bricks and momentum indicators
Signal Generation (EA) Generates trade signals based on trend and momentum
Trade Execution (EA) Automatically executes trades as per the signals
Trade Management (EA) Adjusts stop-loss and take-profit levels
Trade Closure (EA) Closes trades upon reaching take-profit or reversal signal

Brand

EA MT4

Refund

Refund and Replacement Policy

At tradingview.video, we prioritize your satisfaction and aim to provide top-notch digital products. To ensure clarity and transparency, we have outlined our Refund and Replacement Policy below.

1. Digital Product Nature: Our products are exclusively digital, encompassing downloadable software, e-books, templates, and other digital content. As these products are intangible and delivered electronically, physical returns are not applicable.

2. Refund Eligibility: Given the inherent nature of digital products, standard refunds are generally not offered post-purchase. We encourage you to thoroughly review the product description, features, and compatibility information before making a purchase decision.

3. Defective Products: In the rare event that you receive a defective product, we are committed to addressing the issue promptly and professionally. If you encounter a problem, such as technical glitches or errors on our part, please contact our Customer Support team within [number of days, e.g., 14 days] from the purchase date.

4. Replacement or Refund for Defective Products: Upon verification of a legitimate defect, we offer the option to either replace the faulty product with another one of your choice or initiate a refund. Your satisfaction is our priority, and we strive to resolve issues related to product defects in a fair and efficient manner.

5. Technical Issues: If you face technical challenges hindering your access to or use of the purchased digital product, please reach out to our Customer Support team for assistance. We are dedicated to resolving technical issues promptly to ensure your satisfaction.

6. Refund Process: If a refund is approved due to a verified product defect, we will process it using the original payment method. Refunds may take 1-3 days to reflect in your account.

7. Contact Us: For any queries or concerns regarding our Refund and Replacement Policy, please contact our Customer Support team. You can reach us via telegram support or contact form. We are here to assist you and address any issues you may encounter.

By purchasing and downloading our digital products, you acknowledge and agree to adhere to the terms outlined in this Refund and Replacement Policy. We recommend reviewing this policy thoroughly before making a purchase. Your trust is important to us, and we are dedicated to delivering exceptional products and services.

Thank you for choosing tradingview.video

Responsability

Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.

Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.

Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.

A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.

Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.

We appreciate your choice in Tradingview.video

Thank you.

1 review for MYSTERIOUS RENKO INDICATOR

  1. admin (store manager) –

    Great Indicator, recommended

Add a review

Your email address will not be published. Required fields are marked *

Related products