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Indicators

Renko 2.0 - indicator for MetaTrader 5

Views:
4529
Rating:
votes: 14
Published:
2017.12.28 14:23
Updated:
2018.01.18 09:46
renko2.mq5 (21.48 KB)view

A complete Renko chart indicator with wicks for MetaTrader 5.

Inspired by Renko for MQL5 by Serhii Ivanenko https://www.mql5.com/en/code/1299 and Renko Live Charts v4.13 for MQL4 by Tim Welch https://www.mql5.com/pt/code/11739

Renko-Mql5-Parameters

Use with your favorite chart.

Renko-2.0-Mql5-EURUSD

Renko-2.0-Mql5-USDJPY

Best if used with line charts.

Renko-2.0-Mql5-EURUSD-Line

Version history

2017-12-31:

  • Implemented Bars History Input for better performance.

2018-01-04:

  • Fixed: Array out of range exception for Bars History input.
  • Fixed: Invalid plot of two Renko bricks when pivot high.

2018-01-13:

  • Fixed: Wick size on history and chart reload.
  • Fixed: Wick malformed with brick size.

2018-01-15:

  • Fixed: Minimum brick size to one tick.

2018-01-17:

  • Implemented normal array buffer for better performance. w/ Aécio F. Neto <aecio.neto@xcalper.com.br>
  • Implemented chart reload algorithm and other corrections.
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