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2016.05.12 13:39
Renko Indicator

Renko Indicator - indicator for MetaTrader 4

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Published by:
file45
Views:
5365
Rating:
votes: 6

Real author:

LastViking and modifiers, improvers, updaters etc.

Description:

RenkoLiveChart_v600 version 6 indicator converted from RenkoLiveChart_v600 version 6 Expert Advisor.
  • The RenkoLiveChart_v600_indi is placed on a M1 chart and the Renko chart generated as an offline M7 * chart. See: File → Open Offline.On the the
  • On the M1 chart ensure Auto Scroll & Chart Shift buttons are depressed or activated from Charts → Auto Scroll & Chart Shift.
  • See Commons Tab image below.
  • If markets are closed and the renko chart is not found in File → Open Offline try closing and opening the MT4 Terminal.
  • If markets are open but ticks are slow and the Renko chart has not updated try changing the M1 chart to M5 and back to M1.
  • Renko_Range_Detector indicator can be attached to the Renko offline chart for Renko boxsize verification. See: Below image - Renko Chart.

* Or any user selected timeframe other than reserved timeframes (M1, M5, M15, M30, M60, H4, D1, MN).

Research: Further information can be found on the internet and video sites.


Common Tab

Common Tab


Renko Chart

Renko Chart

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