Renko Slope Strategy
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Project Budget$30-$250 USD
I need an EA that runs on an MT4 platform Renko Chart. The rules for this strategy are very simple:
Open position at the close of the first bar right after the Slope Direction Line indicator changes color from red to blue or blue to red. If Slope Direction Line changes to blue open a long position, and if it changes to red open a short position.
Close position when price hits Stop Loss or Take Profit. Set initially a T/P of 4 bars and S/L 2 bars, but both S/L and T/P could be set to different number of bars (1, 2, 3, ...) Position should open and close right after the bar closes, so especial attention should be placed on spreads and ask/bid prices.
If needed, I can supply a copy of the Renko Chart and indicator I'm using.
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