Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Indicators

GDS Renko Canvas - indicator for MetaTrader 5

Andrey Goida
Andrey Goida
MT5 developer focused on XAUUSD, Renko tools, and structured trading systems.
Building practical indicators, panels, and research-driven solutions for traders who value clarity, logic, and disciplined execution.
Views:
75
Rating:
(1)
Published:
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

GDS Renko Canvas

Main features:

- Classic fixed-size Renko
- BID tick construction
- Completed bricks only
- Classic two-brick reversal
- Square equal-width bricks
- Automatic number of visible bricks
- Vertically centered visible Renko range
- Real price scale on the right
- No offline charts
- No custom symbols
- No DLLs or external libraries
- One main input: Brick Size

The normal MT5 chart acts only as a host window. Its original visual settings are restored when the indicator is removed.

This CodeBase example is intended for studying Renko construction and MQL5 Canvas rendering.

GDS Renko Dual MA Demo EA GDS Renko Dual MA Demo EA

GDS Renko Dual MA Demo EA is a small educational Expert Advisor for MetaTrader 5. It shows one simple way to combine classic fixed-size Renko bricks with two simple moving averages calculated directly from completed Renko closes.

ZetaBurst Scalper EA ZetaBurst Scalper EA

Tick-driven scalper that only trades genuine statistical outlier price moves, sized and protected to survive real broker execution delay. Backtest results included below.

GDS Renko ADX Demo EA GDS Renko ADX Demo EA

A small educational Expert Advisor showing how Wilder's ADX and Directional Movement can be calculated directly from completed classic Renko bricks. The EA builds fixed-size Renko internally from BID ticks. No offline charts, custom symbols, DLLs or external indicators are required. +DI, -DI and ADX are updated only after a Renko brick has been completed.

GDS Renko Bollinger 4-Mode Demo EA GDS Renko Bollinger 4-Mode Demo EA

GDS Renko Bollinger 4-Mode Demo EA is a free educational Expert Advisor for MetaTrader 5. It demonstrates four different ways to combine classic fixed-size Renko bricks with Bollinger Bands inside one standalone EA. The EA builds four independent internal Renko streams from incoming BID ticks. Each mode has its own Renko brick size and its own Bollinger settings. Signals are generated only when a Renko brick is fully completed. Bollinger Bands are calculated causally from previous completed Renko closes, so the current brick is excluded until after its signal check.