Since we developed Crescendo, years ago, we worked on improving its trading strategy performance and safety. ForteFX is an evolution of the original strategy and thanks to the multi-timeframe and multi-currency trend scores we’ve been able to improve overall performances. Now we made another step by taking our most successful strategy to no-time-based charts. Renko charts has been our choise for charting. And Heiken Ashi is our preferred indicator to be used with it.
Forte4Renko is the mix between ForteFX trading strategy, Renko noiseless charting and Heiken Ashi candles trend smoothing. The core of the trading strategy is the “trend score“. For Forte4Renko we developed 3 new algorithms to calculate it and they are based on:
- Renko boxes (i.e. pure price action)
- Heiken Ashi
- Smoothed Heiken Ashi
The trend score is based exclusively on the chart the EA is trading on. No need to download long term historical data for different timeframes and currencies. The strength of a trend is simply calculated by counting the number of past “candles” that show the same direction, up to a number of 5. A candle may be a Renko box or an Heiken Ashi candle (smoothed or simple).
As an example in the screenshot above you can notice that there are 3 closed blue Smoothed Heiken Ashi boxes in a row (we don’t count the most recent one which is already forming), therefore trend score = +3 in this case (assuming the user has selected the trend score algorithm based on Smoothed Heiken Ashi). Thanks to the noise filtering of the Renko chart and to the smoothing of the HA indicator, the EA is able to trade the trend like never before. We putted all we’ve leaned so far with ForteFX into it. All the features (and even more) has been adapted to the new no-time-based charting. And we added some… for example now you can set the entry trend score filter for each single trade. If you like and trade with ForteFX, you’ll love Forte4Renko.
What You Get
- Forte4Renko EA
- Template to have it up and running in minutes
- An online manual with instructions
- Email Support
Algo 0 (Renko) Forward Test Account
Algo 1 (Heiken Ashi) Forward Test Account
Algo 2 (Smoothed Heiken Ashi) Forward Test Account
Ready To Buy?
If you are interested in the Forte4Renko EA you can buy them from here.
Please review our Refund Policy