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    Member since: 10 Jan 2020

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    ForexCove is an independent vendor of Forex robots, algos and semi and/or fully-automated trading systems.



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    @Renko Trend Trader: Hi Traderfxmster007,   Thanks a lot for your message. We agree, there are many as of yet unexplored possibilities trading RENKO. We've put your request on our list. Thanks for your suggestion.  Be sure to check us out at https://www.forexcove.com/ Regards, Niels
    @Renko Trend Trader: Renegade, failed to mention we are running with 25% discount on the Swiss Army Knife until January 25. Use coupon: FXCOVE25
    @Renko Trend Trader: Hi Renegade, Thanks for your comment. Firstly, the free code provided is a programming example of a RENKO trading algo, and will not be made available for commercial use. It was meant to serve as a basis for other programmers interested in RENKO. Also, you cannot backtest with candle or tick data, you have to use RENKO. And cTrader cannot backtest RENKO, so the results you report cannot be taken literally. I suggest you look into our Swiss Army Knife. A very capable robot. Detailed description here: https://www.forexcove.com/swiss-army-knife-forex-robot-trader/ In-depth video here:  https://vimeo.com/385086551/99b712da62 Regards, Nielsen
    @Renko Trend Trader: Yes, it can make for an interesting strategy combining the two. I'll put your video request on our list. Take care!
    Notification Publishing copyrighted material is strictly prohibited. If you believe there is copyrighted material in this section you may use the Copyright Infringement Notification form to submit a claim.

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    Warning! Executing cBots downloaded from this section may result in loss of funds. Use them at your own risk.
    MA Crossing Renko
    free  03 Mar 2020
    By ForexCove. Ride the trend at the earliest moment. Combine slow MA, with a tight 1 or 5 brick Renko brick for best results. This robot is a free module from our upcoming advanced Renko trading algo, which is slated for release Q2 2020. We have found that combining a slow moving average, with small renko bricks, can generate very interesting results. As always, for any trend trading algo, go for currency pairs that historically have been most likely to trend. ****************************** JUST ANNOUNCED OUR ADAPTIVE GRID BLAZER FOREX ROBOT - INTRO OFFER  - LEARN MORE HERE ****************************** MA Crossing Renko Trading logic When Renko brick closes above MA, open buy position When Renko brick closes below MA, open sell position When fixed TP is disabled, the bot will hold position until brick closes on opposite side of MA. This free module also allows for trailing SL. Suggested settings MA: 800 - 1200 Renko size: 1 or 5 Snapshots 01 EURUSD  Snapshots 02 EURUSD                                               Be sure to visit ForexCove for free downloads and discounts on commercially available Forex Trading Algos.  
    Renko Trend Trader
    free  03 Mar 2020
    This algo was developed by ForexCove. We would like to highlight some of the interesting opportunities in trading Renko charts, by offering this FREE download from our development team. The Renko Trend Trader trades on a Renko chart of your choice, making use of two moving averages for signal confirmation, along with an ADX filter to measure trend strength. Additionally, you can enable a multiple-trade functionality, which means that for every time a trade criteria is met, a new position is opened.  ****************************** JUST ANNOUNCED OUR ADAPTIVE GRID BLAZER FOREX ROBOT - INTRO OFFER  - LEARN MORE HERE ****************************** This can prove very profitable in strongly trending markets. It is an experimental bot, providing programmers interested in Renko trading a viable starting point.  To see our current cBot library, please click here.