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Description
FP Markets has established a strong reputation as a distinguished Forex broker. Operating in Australia under the authority of an Australian Financial Services Licence (AFSL), the firm has earned the accolade of 'Best Forex Broker Australia.' The company’s zero restrictions policy creates favorable conditions for scalpers and users of Expert Advisors (EAs), enhancing the currency trading experience. Additionally, FP Markets offers active traders the flexibility of choosing between popular platforms, including MetaTrader 4 and MetaTrader 5. A key objective for FP Markets is to deliver the finest product available in the market. Through solid partnerships with top-tier financial institutions, the broker ensures deep liquidity and tighter spreads for Forex traders. Coupled with an ECN Pricing model, traders can engage in transactions starting from as low as 0.0 pips on major currency pairs like EUR/USD, USD/JPY, and GBP/USD. Furthermore, aspiring traders can easily transition to a Live Account with a minimal initial deposit of just $100, making it accessible for new entrants in the Forex market. This commitment to providing excellent trading conditions solidifies FP Markets' position as a leading choice for Forex enthusiasts.
Description
Renko Expert Advisors are a set of two Metatrader advisors that (Renko Chart EA), build renko charts, and (Renko Trader EA), trade on these renko bricks charts.
Renko EA's main functions
You can create offline Renko charts using custom (M) names such as M2,M3, M4 (but NOT the default M1,M5, M15, or M30).
These Renko charts should be kept updated so that traders can trade manually or attach expert advisors that trade automatically.
Trade with the (PSAR), open/close trades based upon Renko brick color.
The Renko Charts EA, a MetaTrader expert advisor, allows you to create and use Renko bars charts in Metatrader. You probably know by now that the MT4 does not have Renko bars. Instead, it uses candlesticks, lines, and bar charts.
The Renko Trader EA, a Metatrader expert adviser that can trade Renko bricks, is called the Renko Trader EA. This EA can be used to detect trends and can be instructed either to buy in an uptrend or to sell in an downtrend.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Pricing Details
$100 one-time payment
Free Trial
No
Free Version
No
Pricing Details
$98
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
Yes
Linux
Yes
Chromebook
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
FP Markets
Country
Australia
Website
www.fpmarkets.com/int/
Vendor Details
Company Name
RobotFX
Founded
2006
Country
United Kingdom
Website
www.robotfx.org/p/renko.html
Product Features
Currency Exchange
Analytical Reporting
No
Client Management
No
Custom Account Statements
No
Data Backup Scheduling
No
For Money Exchanges
No
Margin Management
No
Market Data Access
No
Position Management
No
Real Time Currency Quotes
No
Real Time Tracking
No
Transaction Management
No