When a renko bar closes below the indicator and the indicator changes color, open a sell stop at x pips. If x = 0, open a sell order.
When a renko bar closes above the indicator and the indicator changes color, open a buy stop at x pips. If x=0, open a buy order
When in a buy trade and the conditions for a sell order occurs, close the buy trade and open the pending sell trade or market order.
When in a sell trade and the conditions for a buy trade occurs, close the sell trade and open the pending buy trade or market order.
The ea should have an option for adjusting the indicator values.
The ea should have an option for “take buy trades”, “take sell trades” when both options are true, the ea should take both buy and sell trades.
The ea should have trading times; there should also be an option to close all open trades and pending orders when the time elapses.
The ea should also have the following: % risk, partial closing, breakeven and trailing stop.
The ea should be able to trade normal charts and offline renko charts.