The Expert Advisor displays renko bars on the chart (including shadows and the time of formation of each brick), builds a ZigZag, a moving average on them, and performs trading operations according to the following strategy:

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To calculate ZigZag, only two parameters are used – the percentage and the number of rollback bars.

The Expert Advisor performs the following operations to support trading:

• setting SL by the level of the previous minimum/maximum Zigzag;
• calculating the volume of transactions for a given risk;
• transfer of the transaction to the break-even state;
• trailing stop at a given ratio;
• closing deals on the amount of profit.

Expert Advisor parameters

• RenkoBar-renko brick size;
• CountBars – the number of bars to draw;
• bearColor, bullColor, shadowColor – the color of the bear and bull bricks and shadows;
• hideBars-hide chart bars;
• openTime_factor-the ratio of the time of formation of the last and previous bricks;
• ordersDistance – minimum distance between transactions;
• lots – fixed volume;
• double risk – the risk per trade as a percentage;
• takeProfit_factor – TP level from SL;
• stopLossMin – minimum SL level;
• trailStop_factor – the trailing level from TP;
• noLoss_factor – breakeven level from TP;
• numOrders – maximum number of unidirectional trades;
• averageClose-closing on the profit amount of unidirectional trades as a percentage of the remaining free funds;
• diffClose-closing by the amount of profit of multidirectional trades as a percentage of the remaining free funds;
• arbitrageClose-closing the total profit of all trades with the magic number of the Expert Advisor as a percentage of the remaining free funds;
• dualSide-resolution of multidirectional transactions;
• closeOnRevers-close trades on the opposite signal;
• useMaFilter – allows filtering by moving average;
• maTrail – resolution of trailing on the moving average;
• maSlowPeriod, maSlowColor, maSlowWidth-calculation parameters and display of the moving average;
• zzDev, zzBack, zzColor, zzWidth-calculation parameters and ZigZag display;
• useTimeSignal – resolution of the signal to accelerate the time of the formation of bricks;
• useBackSignal – resolution of the rollback signal;
• breakOnBack-canceling the ZigZag backbeam signal;
• signalWaitFactor maximum signal waiting distance in the passing direction;
• slippage – slippage;
• magic-magic number;
• isDrawing-resolution display of renko bars and indicators;
• drawTime, fontSize-time display parameters;
• drawSignal-signal display resolution;
• useComment-permission to display messages in comments;
• usePrint-permission to display messages in the Expert Advisor logs;
• UseAlert-permission to display messages in pop-up windows;
• useMail-permission to send messages to email;
• useNotification-permission to send messages to a mobile device;
• messagePre, messageCancel, messageOk-resolution of preliminary signals, cancellation, and final signals.

• RenkoBar-renko brick size;
• CountBars – the number of bars to draw;
• bearColor, bullColor, shadowColor – the color of the bear and bull bricks and shadows;
• hideBars-hide chart bars;
• openTime_factor-the ratio of the time of formation of the last and previous bricks;
• ordersDistance – minimum distance between transactions;
• lots – fixed volume;
• double risk – the risk per trade as a percentage;
• takeProfit_factor – TP level from SL;
• stopLossMin – minimum SL level;
• trailStop_factor – the trailing level from TP;
• noLoss_factor – breakeven level from TP;
• numOrders – maximum number of unidirectional trades;
• averageClose-closing on the profit amount of unidirectional trades as a percentage of the remaining free funds;
• diffClose-closing by the amount of profit of multidirectional trades as a percentage of the remaining free funds;
• arbitrageClose-closing the total profit of all trades with the magic number of the Expert Advisor as a percentage of the remaining free funds;
• dualSide-resolution of multidirectional transactions;
• closeOnRevers-close trades on the opposite signal;
• useMaFilter – allows filtering by moving average;
• maTrail – resolution of trailing on the moving average;
• maSlowPeriod, maSlowColor, maSlowWidth-calculation parameters and display of the moving average;
• zzDev, zzBack, zzColor, zzWidth-calculation parameters and ZigZag display;
• useTimeSignal – resolution of the signal to accelerate the time of the formation of bricks;
• useBackSignal – resolution of the rollback signal;
• breakOnBack-canceling the ZigZag backbeam signal;
• signalWaitFactor maximum signal waiting distance in the passing direction;
• slippage – slippage;
• magic-magic number;
• isDrawing-resolution display of renko bars and indicators;
• drawTime, fontSize-time display parameters;
• drawSignal-signal display resolution;
• useComment-permission to display messages in comments;
• usePrint-permission to display messages in the Expert Advisor logs;
• UseAlert-permission to display messages in pop-up windows;
• useMail-permission to send messages to email;
• useNotification-permission to send messages to a mobile device;
• messagePre, messageCancel, messageOk-resolution of preliminary signals, cancellation, and final signals.

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