Recruitment of participants KT Renko Patterns MT5

KT Renko Patterns MT5

KT Renko Patterns scans the Renko chart brick by brick to find some famous chart patterns that are frequently used by traders across the various financial markets.

Compared to the time-based charts, patterns based trading is easier and more evident on Renko charts due to their uncluttered appearance.


KT Renko Patterns features multiple Renko patterns, and many of these patterns are extensively explained in the book titled Profitable Trading with Renko Charts by Prashant Shah.

A 100% automated EA based on the KT Renko Patterns indicator is available here - KT Renko Patterns EA.


Features

• Trade up to eight crystal clear Renko patterns without any ambiguity.
• To offer the complete objectivity, Stop-loss and Fibo targets are provided with each pattern.
• KT Renko Patterns continuously measures the accuracy of each pattern and display vital statistics on the chart.
• Renko brick reversals are marked, and alerts are provided for the same, which helps to plan the premature exits in case of a sudden reversal.
• The identified patterns never repaint or redrawn.

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