Renko Full Throttle PRO is an indicator that is the sole product of author Dalya Elsadany. It was launched in August of 2018 and most recently updated to version 1.40 in November of 2019.
Overview
The Renko Full Throttle PRO indicator provides traders with clear “buy” or “exit” signals with TP and SL levels based on information that is received from analyzing Renko and/or standard charts. The indicator also evaluates the overall performance by taking the net points gained from the signals and the spread into consideration so that traders can review that information. Here are a few key highlights:
- Works on the most popular, most commonly used MetaTrader 4 platform
- Works on all symbols, indices, & timeframes
- Doesn’t repaint, backpaint, or recalculate
- Alert options: sound, pop-up, email, push notifications
While the product can be used on its own, it can also be used in combination with any Expert Advisor.
Service Cost
There are two price options for acquiring the indicator:
- Rent for $50 USD for one month
- Purchase for $68 USD
Five standard activations are included with the product. Although the ability to rent does lower the overall cost, the prices are close enough that it may be economically smarter to purchase the indicator, otherwise you’ll be paying more than the overall price by the second month. Note that a free demo is also available for testing.
Conclusion
Renko Full Throttle PRO is an indicator that can be used alone or with an EA to analyze Renko or standard charts for any symbol/indices/timeframe. The product has received a lot of attention on the mql5 website, with 47 reviews, nearly 200 comments, and a 5-star rating. Here’s what some users have to say about their results:
“”This is a really good indicator and EA. Dalya constantly providing better set files. I am really happy with the results on live account and managed to recover cost in a single day with 3 trades. But the most important thing the level of service and help you get from Dalya is excellent.”” -Ujjwal
“”The support is top-notch. Dalya shows amazing patience and works with you to ensure the product you buy and the service is top quality. Simply blown away with Dalya competence and focus on delivering excellent service. Highly recommend”” -amitk01
Judging by the reviews, it seems that the author is highly responsive and willing to help with questions that go beyond her duties. Almost every review mentions how effective the product is and boasts about service quality, so it is safe to say that this is a great product when used appropriately. If you plan on using it, you’ll simply want to compare the renting and purchase cost to make the best investment.
This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/40527
