(1 customer review)

USD  12

OS CompatibilityBanner New Low Prices

Product Published or Updated on July 28, 2024

ALREADY BOUGHT ? - REQUEST FREE LIFETIME UPDATE

Share this strategy :

Description

Renko Star Indicator V4.10

Renko Star Indicator V4.10 is a powerful MT4 arrow-type indicator specifically designed for trading Renko charts. This indicator is equipped with a backtesting dashboard that provides traders with valuable information such as win rate and points won. It also offers take profit (TP) and stop loss (SL) settings based on ATR (Average True Range) multiplication. The indicator generates signals either at bar open or intra-bar, marking the exact price with a yellow indicator where the signal was given. Utilizing this indicator is straightforward: open a buy or sell position according to the arrow provided by the indicator and set the TP and SL as indicated.

The Renko Star Indicator does not repaint or backpaint, ensuring that the signals remain consistent and reliable over time. By adjusting the indicator’s settings, traders can optimize their results, and the backtesting dashboard helps them determine the effectiveness of these adjustments. The indicator includes a variety of parameters that can be fine-tuned to achieve optimal performance, including ATR TP, ATR SL, ATR period, Star period, Star filter, history for backtesting, and spread considerations. Additionally, traders can customize the appearance of arrows, TP, and SL colors, as well as configure alert settings and dashboard positioning.

Key Features

Backtesting Dashboard

The backtesting dashboard is one of the standout features of Renko Star Indicator V4.10. This dashboard displays crucial information such as win rate and points won, allowing traders to evaluate the effectiveness of their strategies. By adjusting the indicator’s parameters, traders can see how changes impact their performance, enabling them to optimize their settings for the best possible results. The inclusion of spread calculations ensures that the backtesting results are as realistic and accurate as possible.

Non-Repainting Signals

Renko Star Indicator V4.10 offers non-repainting signals, meaning that once a signal is generated, it does not change or disappear. This feature is crucial for accurate historical analysis and ensures that traders can rely on the signals for backtesting and strategy development.

Customizable Settings

Renko Star Indicator V4.10 offers a wide range of customizable settings that allow traders to fine-tune the indicator to their preferences. These settings include ATR-based TP and SL values, ATR period, Star period, Star filter, and the amount of history used for backtesting. Additionally, traders can personalize the colors of arrows, TP, and SL markers to suit their visual preferences. Alert settings and the position of the dashboard can also be configured, ensuring that the indicator fits seamlessly into any trading setup.

User-Friendly Interface

The user-friendly interface of Renko Star Indicator V4.10 makes it accessible to traders of all experience levels. The clear and intuitive design allows users to quickly understand and utilize the indicator’s features. The inclusion of detailed tooltips and documentation ensures that traders can fully leverage the indicator’s capabilities, while the straightforward signal generation process makes it easy to implement in any trading strategy.

Specifications

Renko Star Indicator V4.10 is designed with the trader in mind, offering a comprehensive set of features and customizable settings. Its robust backtesting dashboard, non-repainting signals, and user-friendly interface make it an indispensable tool for anyone trading Renko charts. With its ability to provide accurate and reliable signals, this indicator is a valuable addition to any trader’s toolkit.

Parameter Description
ATR TP Take profit value based on ATR
ATR SL Stop loss value based on ATR
ATR Period Period for ATR calculation
Star Period Period for star calculation
Star Filter Filter setting for star calculation
History Amount of history to backtest
Spread Include spread in backtesting calculation
Show Points Show signal results in points
Colors Customizable colors for arrows, TP, and SL
Alerts Configurable alert settings
Dashboard Position Configurable dashboard position

Renko Star Indicator V4.10 backtesting dashboard

Renko Star Indicator V4.10 settings

Renko Star Indicator V4.10 chart example

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 RENKOSTAR INDICATOR V4.10

  1. admin (store manager)

    Great Indicator, recommended

Add a review

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