QX Renko 3Plus (Free | Educational Renko Bot)

This robot started from a simple request: a friend wanted to understand, in a practical way, how a cBot can detect setups and execute entries/exits on a Renko chart. I built a short, clean, easy-to-audit logic specifically for educationalpurposes. Now I’m publishing this free version on the cTrader Store for the same reason: to help you learn Renko and to showcase my work as a developer.

What it does (in one line)

It looks for a short trend (3+ same-color bricks), waits for exactly 1 pullback brick, and enters on the continuationbrick; it exits on the first opposite brick.

How it works on Renko (step by step)

1) Trend streak detection

• On every closed brick, the bot checks whether the brick is UP or DOWN.
• It counts consecutive bricks in the same direction.
• When it reaches Min Trend Bricks (default: 3), it arms the setup in that direction.

Example (bullish): UP, UP, UP → setup armed for long.

2) Pullback is mandatory (EXACTLY 1 brick)

After arming:

• The bot requires **one—and only one—**brick in the opposite direction (the pullback).
• If it gets 2 or more pullback bricks, the setup is canceled and the bot waits for a fresh 3+ sequence again.

Example (bullish): UP, UP, UP (armed) → DOWN (pullback = 1) ✅

If it becomes DOWN, DOWN (pullback > 1) ❌ canceled.

3) Entry on continuation

• After the single pullback, the next brick must return to the armed direction (continuation).
• When that continuation brick closes, the bot executes the market entry.

Example (bullish): UP, UP, UP (armed) → DOWN (pullback) → UP (continuation) → ENTER BUY

5) Simple, educational exit rule

• If a brick closes against the open direction, the bot closes positions for that side:
• • A DOWN brick closes BUY positions.
  • An UP brick closes SELL positions.

This is intentionally simple so you can clearly see how “first opposite” exits behave on Renko.

Main parameters

Trading

• Mode: Both / LongOnly / ShortOnly
• Volume (Lots): order size in lots
• Max Open Positions: maximum simultaneous positions (same label)
• Cooldown (Bricks): minimum number of bricks between entries in the same direction

Setup

• Min Trend Bricks: minimum consecutive bricks to arm the setup

Debug

• Debug Logs: enables detailed logs showing arming, pullback counting, cancellations, blocks, and entries.

Important notes (use it the right way)

• Use on a Renko chart. Brick size is defined by your chart settings.
• The bot acts on closed bricks only (avoids signals while a brick is still forming).
• This is an educational tool: the logic is intentionally minimal for learning and auditing.
• Not financial advice. Always test in demo/backtests before going live.

Who it’s for

• Anyone learning Renko and trend-continuation patterns.
• Traders who want a clean example of a state-machine setup (armed → pullback → continuation).
• Developers who want a simple, compile-safe reference implementation.