How it works
- Classic fixed-size Renko is built internally from BID ticks.
- Reversals use the classic two-brick rule.
- The Donchian channel is calculated from the previous N completed Renko bricks.
- The current brick is excluded from the channel calculation, avoiding look-ahead.
- A bullish Renko brick closing above the previous Donchian high can trigger BUY.
- A bearish Renko brick closing below the previous Donchian low can trigger SELL.
- Positions close by TP, SL, opposite Donchian breakout, or maximum holding time.
- A short Renko cooldown can be used after an exit.
- One position per symbol.
- No external indicators, DLLs, custom symbols or offline Renko charts are required.
The EA is intended as an educational / Strategy Tester example. Public default parameters and a historical test example will be added only after a real-tick verification run.