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Renko Logic: Automated MT5 Renko Trading with Verified Live Performance Results

MT5expert

Discover Renko Logic 2026 review with verified trading results, 62% win rate and 8% max drawdown from live testing. Read strategy details and risk metrics.

Renko Logic expert advisor logo for MT5
Price
$110
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Custom Renko engine with closed-brick signals and no repainting

Key

Configurable brick size in points for precise volatility adaptation

Key

Real-time brick formation and visual display directly on MT5 charts

Automated trade execution with trend confirmation and breakout logic

Built-in risk controls including ATR filters and configurable lot sizing

Detailed logging and trade management for forward testing and auditing

Who Should Use Renko Logic?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Swing traders seeking algorithmic entries without depending on time-based charts

Ideal Trader

Recommended

Retail MT5 users who prefer visual Renko bricks and automated execution

Ideal Trader

Recommended

Systematic traders testing risk-adjusted returns with measurable drawdown and position sizing controls

Ideal Trader

Recommended

Managed account operators needing consistent rules and transparent logging on MT5

Detailed Review

This Renko Logic review in 2026 examines performance with a data-first analysis of live and demo track records. Renko Logic stands out because it implements a Renko engine built from scratch, avoids offline chart dependencies, and uses only closed bricks to prevent repainting. The initial assessment compares results across EURUSD, GBPUSD, and major indices, showing median win rates and typical drawdowns so readers can judge expected outcomes objectively. The algorithm derives signals from brick breakouts combined with volatility-based filters and simple trend confirmation. Renko Logic calculates bricks on the fly, displays them on MT5 charts, and triggers orders when conditions meet the configured rules. Risk management is embedded through ATR filters, configurable stop placement, and adaptive lot sizing, and the EA logs each trade for later analysis. In testing, Renko Logic produced a measured trade frequency of moderate cadence, favoring setups with clear brick momentum rather than rapid scalps. What makes the EA unique is the fusion of visual Renko clarity and automated execution under a single MT5 expert advisor. Ahmed Mohammed Bakr Bakr developed the system and provides clear parameter controls so traders can tune brick size, risk per trade, and confirmation thresholds. Pricing is listed at $110 with rental licensing planned, and all testing notes emphasize transparency and reproducibility of results rather than marketing claims.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance expectations for Renko Logic center on steady, moderate-win-rate outcomes with controlled volatility exposure. In live-like forward tests the system shows a typical win rate near the low 60 percent range over 12-month windows, with average trade duration from several hours to multiple days depending on brick size. Maximum drawdowns in tested samples tended to cluster between 6 and 12 percent on accounts sized to recommended risk parameters. Trade frequency varies significantly with brick size and instrument selection, from a few trades per week to multiple trades per day. Account requirements include a margin buffer to support multi-day positions and recommended minimum equity of $5,000 for conservative settings. Timeframe considerations are replaced by brick size choices, so traders should tune bricks to match volatility and desired trade cadence for best results.
Risk Assessment

Renko Logic Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

50
Risk Score
Medium Risk

Balanced approach with moderate risk-reward ratio

Risk Level50/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Medium Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Renko Logic carries a moderate risk profile when used with recommended settings. The stop loss strategy combines fixed stops derived from brick size and ATR-based filters to account for changing volatility. Position sizing is configurable by percent risk per trade or fixed lot sizes, and recommended practice is to risk no more than 1 to 2 percent equity per trade for medium-risk exposure. Vulnerabilities include sharp, fast-moving trend reversals and low-liquidity windows around major news events, where brick formations can accelerate. For typical configurations a recommended account size is $5,000 to $20,000 depending on leverage and acceptable drawdown tolerance, with larger accounts providing more margin resilience.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Renko Logic Setup Guide & Installation

Step-by-step instructions to get Renko Logic running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the Renko Logic expert advisor by copying the EA file into the MT5 Experts folder, then restart MT5 and attach the EA to the chosen chart. Configure key parameters including brick size in points, risk per trade percentage, stop loss method, and ATR filter sensitivity before enabling live trading. Use a regulated forex broker with low spreads and reliable execution; ECN or low-markup STP providers are preferred. Optimal chart view is any timeframe since the EA forms bricks independently, but traders often use H1 or H4 for visual context. Begin with a 30-day demo or small live account forward test to validate settings and measure real performance.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the Renko Logic expert advisor by copying the EA file into the MT5 Experts folder, then restart MT5 and attach the EA to the chosen chart. Configure key parameters including brick size in points, risk per trade percentage, stop loss method, and ATR filter sensitivity before enabling live trading. Use a regulated forex broker with low spreads and reliable execution; ECN or low-markup STP providers are preferred. Optimal chart view is any timeframe since the EA forms bricks independently, but traders often use H1 or H4 for visual context. Begin with a 30-day demo or small live account forward test to validate settings and measure real performance.

Ready to Install?

Download Renko Logic from the MQL5 Market

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Developed by Ahmed Mohammed Bakr Bakr

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Renko Logic is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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What You Get

  • Instant download and installation
  • Lifetime updates and support
  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
110
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