Renko Rsi Ema.mq4 2
From the Old Kings archive: Renko Rsi Ema.mq4 2, an expert advisor (trading robot) for MetaTrader 4. Its name points to the RSI oscillator (overbought / oversold zones), moving averages and Renko bricks. In the code it works with moving averages and Parabolic SAR. It places pending orders, can size trades from your risk and handles several symbols. It has 23 settings, for example str Information (default EA / Robot Renko RSI EMA), str4 (default forex.autobots@gmail.com) and str Seperator (default ________________________). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About Renko Rsi Ema.mq4 2
Renko Rsi Ema.mq4 2 is an expert advisor (trading robot) for MetaTrader 4 based on Moving Average and Parabolic SAR. It places pending buy/sell stop or limit orders, can size trades from your balance and risk percent and works on several symbols at once. It has 23 settings, such as Str information, Str4 and Str seperator. MQL source code included.
It also is set up for gold (XAUUSD).
Files in the download: RenkoRsiEma.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Str information | EA / Robot Renko RSI EMA AutoBots | Information : _______________________ |
| Str4 | forex.autobots@gmail.com | Contact Us |
| Str seperator | _________________________________ | _________________________________ |
| Str auto trading | _________________________________ | AutoTrading Setting : ________________ |
| In auto trading | 0 | Auto Trading |
| In force close all | 1 | Close All Orders When Auto Trading Off |
| Str trading | _________________________________ | Trading Setting : ________________ |
| In vol | 0.1 | Volume (lots) |
| In period trend | 200 | EMA Main Chart |
| Rsi period | 7 | RSI Period |
| Rsi apply price | 0 | RSI Applied Price |
| Ema period | 14 | EMA Fast |
| Offset | 50 | Offset |
| In step | 0.02 | SAR - Price increment step |
| In maximum | 0.2 | SAR - Maximum value of step |
| In kategori target | 0 | Target Mode |
| In mode tp | 0 | Target Type |
| In target pips | 15 | Target Pips |
| In target money | 1.5 | Target in Money ($) |
| In stop loss | 0 | Stop Loss (pips) |
| In jarak same order | 30 | Open New Order Every (pips) |
| Str ea auth | _________________________________ | Authentication : _________________ |
| In auth voucher id | --- by request to forex.autobots@gmail.c | Voucher ID |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: RSI · Moving Average · Renko · Pending Orders · Risk & Lot Size · Multi-Currency · Gold (XAUUSD) · Parabolic SAR · MT4 Expert Advisor · MQL4 Source Code