Renko Alerts

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Introduction​

Welcome to another joyfully mundane guide by your skeptical yet curious trader and programmer from EASY Trading Team. Today, we’re diving into the world of Renko Alerts trading robot. It's time to dissect, scrutinize, and hopefully, understand how to effectively use this robot. For those new to the world of Renko charts, brace yourselves. As with any trading strategy, a healthy dose of skepticism is encouraged. We haven’t received any reviews or ratings yet, so feel free to add yours after experiencing this marvel.

Installation and Setup​

Let's keep this as painless as possible:

• Download the Renko Alerts robot: You can download it directly from this link. Just don’t expect it to cook you breakfast.
• Load the Robot: Open your MetaTrader 5 platform. Go to ‘File’ -> ‘Open Data Folder’ -> ‘MQL5’ -> ‘Experts’, and drag your Renko Alerts EA file here.
• Restart MetaTrader 5: Yes, it’s as simple as turning it off and on again.
• Attach the Robot to a Chart: After restarting, you’ll find Renko Alerts under ‘Navigator’ -> ‘Expert Advisors’. Drag it onto a Renko chart.
• Customize Settings: Here’s where the magic (or lack thereof) happens. Adjust the settings based on your trading preferences. You’ll have options like box size, alert types, and other parameters. Good luck figuring out the perfect combination; it’s like solving a Rubik’s cube.

Experience Using Renko Alerts​

After enduring hours of watching Renko Alerts perform its trades, here are a few observations:

Pros:

• It does its job of alerting you when certain conditions are met.
• The alert system is pretty straightforward. At least, it won't bombard you with unnecessary information.

Cons:

• Don’t expect it to be a money-making machine right off the bat.
• The settings can be confusing for beginners.
• No reviews, and no ratings, so tread carefully.

It’s a mixed bag, but hey, you get what you pay for, right? Feel free to add your own review to ease the next user's confusion.

Tips to Improve Performance​

If you’re determined to squeeze some performance out of Renko Alerts, here are a few tips:

• Back Testing: Always back test your settings on historical data before going live. You don’t want to lose your shirt on the first trade.
• Risk Management: Use proper risk management settings. Don’t let greed override common sense.
• Regular Updates: Check for updates frequently. Developers sometimes release tweaks that can improve performance.
• Customization: Don’t be afraid to dig into the settings. The default settings are just a starting point.

Source Code of Renko Alerts​

Here’s the fun part, folks. We don’t actually have the original source code for Renko Alerts that’s sold on MQL5. The robot we offer is based on the description provided on MQL5. So, if you have coding questions, feel free to ask them at easytradingforum.com.

We at EASY Trading Team don’t actually sell Renko Alerts. We merely recreated a version based on its description. Yes, we’re that good.

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Download Renko Alerts Trading Robot for Free​

For those brave enough to take the plunge, you can download the Renko Alerts trading robot here for free. Have fun, and remember, trading is like navigating a minefield—step wisely.

That’s it. If you have any questions or doubts (let’s face it, you probably will), feel free to shoot them our way. Happy trading, or at least, less painful trading!