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EA #001 — Renko Divergence

Original price was: 95,00 €.Current price is: 24,99 €.

Configurable MT5 Expert Advisor based on internal Renko bricks and regular Stochastic divergence. Five documented entry modes, Pure Renko or Fixed RR exits, swing-based hard SL, and percentage-risk or fixed-lot sizing.

Available now — digital download with license. Example one-year US100 test: profit factor 1.41, 275 trades, maximum relative equity drawdown 41.23%. Historical results do not guarantee future performance.

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TradingView and cTrader adaptations are paid products, including adaptations of free MT5 robots. Standard price: €24.95 per robot, per platform.

TradingView

No TradingView adaptation is offered for this robot at present. See the reviewed limitations below.

Scope: No paid adaptation offered.

Limitations: The source builds wick-bearing Renko bricks from an ordered tick stream with two-box reversals and several bricks per tick; Pine historical OHLC/native Renko cannot establish that same event order. No paid Pine scope is offered until a separately validated approximation is defined.

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Not available to order
Unavailable for the reviewed scope. See limitations above.

cTrader

Receive a cTrader cBot based on the MT5 robot’s core trading rules, within the reviewed scope. Includes source code, required launch files and instructions. A cBot can place automated orders when enabled in a compatible cTrader environment. Platform APIs, broker data and execution may differ from MT5; identical results are not promised.

Scope: Confirmed price/Stochastic divergence on completed signal candles or completed internally generated Renko bricks; micro-CHOCH or confirmed-fractal trendline-break entry; optional Renko SMA direction filter; configurable brick size, physical swing/reference stop, fixed-volume or stop-risk sizing, opposite-brick exit and trade markers. One position at a time.

Limitations: Potential/unconfirmed divergence, liquidity-sweep/level-defence entry modes and automatic retry sequences are excluded from this standard adaptation. C# cBot can trade automatically when enabled. cTrader broker data, contract sizes, execution, fees and timezone may differ from MT5; identical signals/results are not promised. MT5 canvas/panel, MT5 activation implementation and Custom Max optimizer are not ported. EA LAB non-exclusive source-code licence applies.

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Delivery: 2–3 calendar days after confirmed payment.

Order cTrader adaptation — €24.95

Delivery: 2–3 calendar days after confirmed payment.

Standard, non-exclusive software adaptation. Individual strategy redesigns or modifications require a separate quote. If the agreed scope cannot be delivered, we will offer an alternative for your acceptance or refund your payment. We will not substitute a reduced product without your agreement.

Download user manualSetup, parameters and testing notes

Category: Renko Strategies

ORIGINAL MT5 DATA / MODERN VIEW

Balance curve

No smoothing, projections or invented data points. Rebuilt directly from the Deals table in the original MT5 report.

276 VERIFIED POINTS

2025.10.01Balance after each closed trade2026.09.30

Net profit11 243.74

Profit factor1.41

Max equity drawdown41.23% (2 651.04)

Total trades275

Winning trades37.82

Expected payoffUSD 40.89 (Expected Payoff)

Source: EA_Renko_001_Divergence_EALAB_v1_41_us100.html · Historical backtest results do not guarantee future performance.

Description

Renko divergence, with configurable confirmation

EA #001 is a MetaTrader 5 Expert Advisor for researching and automating regular Stochastic divergence on an internal Fixed Box Renko structure. The supplied manual describes tick-by-tick Renko construction with a two-box reversal, five entry triggers, two exit modes and a physical swing-based stop-loss.

Five entry modes

Micro CHOCH — confirmation through a local structure break.
Fractal Trendline Break — confirmation through a Renko fractal trendline break.
First of Both — the first valid CHOCH or trendline trigger.
Liquidity Sweep — a wick breach and reclaim around the second divergence pivot.
Level Confirm — a defended pivot area followed by two or three aligned bricks.

Risk and exits

Choose a Pure Renko exit after consecutive opposite bricks or a fixed risk/reward target. The documented money management supports percentage-of-balance risk or a fixed lot. Optional Renko SMA and broker-server trading-hour filters control new entries.

Example US100 historical test

Supplied MT5 Strategy Tester report: US100.pro, OANDA TMS Brokers, M5 host chart, 1 October 2025 to 1 October 2026, USD 5,000 starting deposit, 1:100 leverage, 3% risk setting and 100% real ticks.

Net profit	USD 11,243.74
Profit factor	1.41
Total trades	275
Win rate	37.82%
Expected payoff	USD 40.89 per trade
Maximum relative equity drawdown	41.23% (USD 2,651.04)
Maximum monetary equity drawdown	USD 3,276.55 (28.49% at that episode)
Maximum relative balance drawdown	38.17%
Maximum consecutive losing trades	19

The largest percentage drawdown and the largest monetary drawdown occurred in different episodes. This is a one-year historical test, not a two-year validation or a verified live record. The 3% risk setting is a test configuration, not a live-trading recommendation. Spread and execution assumptions require further verification; the supplied deal ledger records zero commission on all trade deals. This is not a commission assumption for other brokers.

Download package and license

The supplied materials contain a user manual, a US100 preset, a tester report and screenshots. A compiled file named EA_Renko_001_Divergence_EALAB_v1_41.ex5 has been supplied; its runtime behavior has not yet been verified in MT5. After successful payment, download the complete ZIP package and find your license key in the order details and order email.

The license service supports up to two MT5 account/server combinations. Add https://ea-lab.dev to the MetaTrader WebRequest allowed URLs and enter your key in InpLicenseKey. The preset header refers to v1.40 while the report identifies v1.41; compatibility must be checked before release.

Your configuration, your testing

Adapt Renko box size to the instrument and broker contract specifications. Test on unseen periods and on demo before any live use. Backtested results do not guarantee future performance, and trading may lead to loss of some or all capital.

Source materials

Read the user manual (PDF, v1.2)

Download the original US100 tester report (ZIP with HTML and charts)

Renko Divergence EA 001 interface in MT5 Strategy Tester with Stochastic, trade markers and internal Renko bricks — Separate MT5 visual-test screenshot; its settings and date range may differ from the supplied performance report.

New to Renko charts?

Before configuring the robot, read our complete guide to Renko charts, brick sizes and MT5 testing. It explains completed bricks, the two-box reversal convention, cost sensitivity and research examples for scalping and swing trading.

Understand the Renko Divergence strategy

Read the Renko Stochastic divergence strategy explanation for the signal, five confirmation choices, stops, exit approaches and a worked example. Then use this product page to compare the specific implementation, test evidence and release status.

Strategy & configuration

EA number	001
EA version	1.41 (report and supplied EX5 filename; runtime verification pending)
Platform	MetaTrader 5
Strategy family	Renko / regular Stochastic divergence
Suggested symbols	Example tested: US100.pro. Other MT5 instruments require their own configuration and validation.
Suggested timeframes	Internal Renko signals; report host chart M5. Renko box size is instrument-specific.
Entry rules	According to the supplied manual: regular bullish/bearish Stochastic divergence on confirmed Renko pivots, followed by Micro CHOCH, Fractal Trendline Break, First of Both, Liquidity Sweep or Level Confirm. Example report uses entry mode 3 (Liquidity Sweep).
Exit rules	Pure Renko: consecutive opposite bricks; or Fixed RR based on initial hard SL distance. Physical swing-based hard SL remains active according to the manual. Example test: Pure Renko, 2 opposite bricks.
Configurable filters	Renko SMA direction filter; Stochastic zones; pivot spacing; minimum intervening move and Stochastic difference; signal freshness and lifetime; retry cooldown; trading hours in broker server time; long/short permissions.
Risk controls	Documented physical swing-based SL with box buffer; percentage-of-balance risk or fixed lot; volume/margin restrictions. Example risk: 3% of balance; SL buffer: 0.5 boxes. Execution and license behavior await EX5 verification.
Configurable inputs	Example test: Renko box 200 points; Stochastic 12/3/3; pivot separation 6–35; SMA 110/240; signal lifetime 10 bricks; 1 entry attempt; 2 opposite bricks to exit; trading-hour filter disabled.
Strategy limitations	Single supplied one-year historical test; not an independently reproduced result or forward/live record. Relative equity drawdown 41.23%; 19 consecutive losses. Broker, tick data, spread and symbol settings may change results. Compiled EX5 supplied; runtime behavior unverified. Preset header v1.40 versus report and EX5 filename v1.41; compatibility and licensing unverified.
Version changelog	Report and supplied EX5 filename identify v1.41; separate change log not supplied. Runtime verification pending. User manual v1.2; preset header references v1.40.

Example historical backtest

Results describe one configuration under the stated test conditions. They do not guarantee future performance.

Backtest symbol	US100.pro — OANDA TMS Brokers S.A.
Backtest timeframe	M5 host chart; internal Fixed Box Renko, 200 symbol points
Backtest period	2025-10-01 to 2026-10-01 (one year)
Initial deposit and currency	USD 5,000.00; leverage 1:100
Net result and currency	USD 11,243.74 net profit
Profit factor	1.41
Maximum drawdown (%)	41.23
Trade count	275
Win rate (%)	37.82
Average trade and currency	USD 40.89 (Expected Payoff)
Modeling method	100% real ticks as reported by MT5; 266,756,532 ticks; supplied report not independently reproduced.
Spread assumptions	No explicit spread/slippage configuration stated in the summary. Real tick data alone does not verify live execution realism.
Commission assumptions	The supplied deal ledger records USD 0.00 commission for all 550 trade deals; do not assume commission-free execution at other brokers.

View original backtest report

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