Renko Chart Robot EA MT4 (Latest version) | Unbounded

What is Renko Chart Robot EA MT4?

Smart Pivot Point EA MT4 is an automated Expert Advisor that combines classical pivot point analysis with advanced technical filters and strict risk management. Designed to trade major forex pairs with high accuracy, this EA identifies high-probability trading opportunities at key pivot levels while minimizing potential losses.

Vendor website 

About the Developer

• Author: Yeoh Kia Gee, 
• Experience: Over +5 years of experience on MQL5.
• Notable Products: Renko Chart Robot EA, Smart Pivot Point EA, Smart Fibonacci EA MT4, Grid for Gold EA MT4, Gold Mastery EA,  Parabolic SAR Pro, XAU PatternGrid Pro EA, Triple MA Crossover EA, Donchian Channel Pro EA, Smart Martingale EA, and other advisors.
• Flagship Product: Renko Chart Robot EA MT4  is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

Renko Chart Robot EA MT4 Overview

Main Features of Renko Chart Robot EA MT4

• Multiple Pivot Point Methods: Includes Classic, Fibonacci, Camarilla, and Woodie’s pivot points.
• High-Probability Entries: Trades only when price reaches significant pivot levels.
• Trend Alignment Verification: Confirms trade direction with market trend for safer entries.
• RSI Momentum Confirmation: Filters trades to avoid overbought and oversold conditions.
• ATR-Based Volatility Protection: Avoids trading during high volatility or unpredictable spikes.
• Spread Monitoring: Prevents entries when spreads are above safe thresholds.
• Market Opening Delay Protection: Avoids initial market spikes for consistent trade execution.

Additional Features

• Dynamic Break-Even System: Secures profits automatically once positions are favorable.
• Intelligent Trailing Stop: Maximizes gains while minimizing risk from reversals.
• Multi-Layer Filtering System: Combines pivot levels, trend, volatility, and momentum checks.
• Timeframe Optimization: Works best on H1 for medium-term and H4 for higher signal reliability.
• User-Friendly Setup: Pre-configured settings allow plug-and-play usage for most accounts.
• Automated Execution: Handles all trade entries, exits, and management without manual intervention.

Why Choose Renko Chart Robot EA MT4?

• Adaptable Pivot Methods: Suitable for various market conditions and currency characteristics.
• Structured Risk Management: Combines ATR filters, trend verification, and spread control.
• High Accuracy Trading: Executes trades only when multiple conditions are confirmed.
• Trend-Focused System: Reduces noise and false breakouts by aligning with the main market trend.
• Optimized for Major Pairs: EURUSD, GBPUSD, and USDJPY recommended for best performance.
• Fully Automated and Reliable: Manages entries, exits, stops, and trailing without supervision.
• Consistent Performance: Designed for both trending and ranging market conditions.

Renko Chart Robot EA MT4 Backtest Results

🔺XAUUSD – 3 Months

• Initial Deposit: $1.000
• Total Net Profit: $1.234,35
• Maximum Drawdown: 23,87%

Renko Chart Robot EA MT4 backtets

What’s Included in the Download Package?

• Experts: Renko Chart Robot_fix.ex4

>>> Join VIP Membership Now <<<

Conclusion

In summary, the Renko Chart Robot EA MT4 is a powerful and well-structured automated trading system designed for traders who value high entry point accuracy, trend confirmation, and disciplined risk management. By integrating pivot point analysis with multi-layered technical filters such as trend matching, RSI momentum confirmation, ATR-based volatility protection, and spread control, the EA focuses only on high-probability trading opportunities while avoiding highly volatile market conditions. Fully automated and optimized for H1 and H4 timeframes on major currency pairs such as EURUSD, GBPUSD, USDJPY, and even XAUUSD, the Renko Chart Robot EA MT4 is an ideal solution for traders seeking consistent automated trading with a clear, rule-based strategy.

>>> Reviewed by Jason Stap <<<