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    ForexCove 's avatar


    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.


    Last comments

    @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: In-depth video here: 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!
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    Warning! Executing cBots downloaded from this section may result in loss of funds. Use them at your own risk.
    Renko Trend Trader
    free  10 Jan 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.  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.