Renko Star v4.1 MT4 Indicator No DLL
120.00$ Original price was: 120.00$.19.00$Current price is: 19.00$.
Renko Star MT4 Indicator – Precision Trading on Renko Charts
A non-repainting, arrow-based tool for Renko chart traders, featuring ATR-based risk management and a performance dashboard for real-time tracking of win rates and points gained.
🔹 Suitable For: Scalping, Swing, Intraday
🔹 Assets: All Forex Pairs, Indices, Metals
🔹 Timeframes: Renko Chart-Based
🔹 Minimum Deposit: Any
📦 Package Includes
✔️ Renko Star Indicator V4.1 (.ex4)
✔️ Lifetime License
✔️ Free Updates & Support
Renko Star MT4 Indicator – Precision Trading on Renko Charts
The Renko Star Indicator for MT4 is a non-repainting, arrow-based trading tool specifically built for Renko chart traders. With a smart backtesting dashboard and built-in ATR-based risk management, it gives clear buy/sell signals and valuable performance stats—making it an ideal tool for both manual traders and strategy testers.
✅ Renko Star Key Features
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Designed for Renko Charts
Optimized to work flawlessly on Renko chart types for clean, noise-free signal analysis. -
Clear Buy/Sell Arrows
Instantly identifies trade opportunities with arrow signals—shown at bar open or intra-bar. -
Accurate Signal Markers
Yellow price markers show the exact level where the signal was triggered for full transparency. -
Backtesting Dashboard Included
Real-time stats on win rate, total points gained, and other critical data directly on your chart. -
TP & SL Based on ATR Multiples
Automatically calculates take profit and stop loss levels using customizable ATR multipliers. -
Non-Repainting & Non-Backpainting
All signals are confirmed and stay fixed—no redrawing or misleading past performance.
⚙️ Renko Star Customizable Parameters
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ATR TP – Take profit level multiplier based on ATR.
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ATR SL – Stop loss level multiplier based on ATR.
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ATR Period – ATR calculation period.
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Star Period – Core period setting for signal generation.
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Star Filter – Additional filter for refining signal quality.
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History – Number of Renko boxes used for backtesting.
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Spread – Includes spread in backtest calculations.
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Show Points – Toggle to display profit/loss (in points) for every signal.
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Color Settings – Customize arrows, TP, SL, and marker visuals.
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Alerts – Enable alerts via pop-up, sound, email, or push notification.
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Panel Position – Set where the dashboard appears on your chart.
📈 How to Use the Renko Star Indicator
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Wait for a Buy or Sell Arrow
Follow the arrow direction for trade entry. -
Use ATR-Based TP & SL
Set your take profit and stop loss based on the levels shown by the indicator (calculated via ATR). -
Optimize Settings for Better Performance
Adjust the input parameters to enhance your strategy. Monitor dashboard stats such as win rate and total points to identify optimal settings.
💡 Tip: Backtest with different settings until you achieve consistent results that you can trust.
🚫 No Repainting. No Backpainting. 100% Transparent.
All signals are confirmed at the moment they’re generated and never change afterward—giving you full confidence in both live and backtested performance.
🔗 Additional Resources
- VPS Recommendation: Use a reliable Forex VPS for 24/7 EA uptime and uninterrupted performance.
- Membership Plan: Join our exclusive membership to access premium EAs, updates, and VIP support.
- YouTube Channel: Subscribe to our YouTube channel for EA tutorials, backtests, and trading tips.
- Telegram Channel: Join our Telegram channel for instant updates, new EAs, and community support.
📌 Conclusion
The Renko Star MT4 Indicator is a powerful and transparent solution for Renko traders who value clarity, real performance tracking, and reliable signals. Whether you’re building a manual strategy or refining your edge, this indicator offers everything you need to make Renko trading smarter and more profitable.
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What’s Included in the Download Package:
- SouthEast EA MT4 (No DLL) V4– Compatible with all MT4 builds
- 26 customizable presets for different currency pairs
- Step-by-step installation guide
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