Kenko Trend Trader Download hedging forex expert advisor

Kenko Trend Trader Download hedging forex expert advisor 7.22

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This is the EA version the Kenko Trend Indicator Mt5. It follows the trend on all instruments and trading pairs according to my improved step and ladder technique.
For anyone studying forex charts, the aim is to identify trends, and spot reversals. If you have years of experience it may be easy, but most of us need something to make the trend apparent. If you're familiar with the popular renko charting method, you know that it was developed for this purpose. But renko charting has a flaw; the trend is often broken by false reversals. So I developed my own version - the Kenko Trend Indicator - which draws renko style trend following blocks over the chart using my improved step and ladder technique. This indicator is not for re-painting. The kenko trend trader simply trades according to the trend identified by the kenko trend indicator.

The improved step and ladder technique is simple:
- kenko blocks are drawn only when a new candle opens
- the close price of the previous candle is used to determine whether a new block should be drawn; the wicks are ignored as they may give false signals
- a new position is opened whenever the trend changes from up to down (blue block to red block) or vice versa (red block to blue block)

All instruments are supported by the kenko trendtrader,
- All currency pairs such as EURUSD and AUDCAD or NZDJPY offers synthetic indices, such as the Boom 500 Index and Crash 1000 Index. Also, Step Index. Volatility 75 Index. Jump 100 Index. Range Break 200 Index.
- metals like XAUUSD, XAGUSD, etc
AAPL stocks
- stock indices like SP500
- cryptocurrencies like BTCUSD, XRPUSD, etc
Anything that Metatrader 5 can trade

The block size may be different for each instrument. The most popular instruments already have default block sizes coded into the EA. You can however, set your custom block sizes for each instrument by going to the Settings menu when you launch the EA.

The kenko trend trader works on all timeframes. I recommend the 1 hour (h1) timeframe (personal preference), but you can use any timeframe according to your trading rules and goals.

A virtual private server (VPS) is best for the EA to trade around the clock.
Please ensure that the market watch contains ONLY the instruments you wish to trade with the EA, and nothing else. For money management calculations, the expert uses this figure to count the instruments in market watch.
A portfolio of five or more instruments should be traded simultaneously in one account.

For trading portfolios of 10 (10) currencies, I suggest that you have at least $500 in capital.
Capital investment of at least $1500 is required for a portfolio that includes ten (10) synthetic indices.
A portfolio of twenty two (22) synthetic indices with the default settings will require at least $5000 as capital.

My goal is to improve the effectiveness of the kenko trend trader when trading with minimal capital.
I am also working to make it more effective when trading with only one instrument.

An mt4 version is available; get it on my products page.
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