is it possible to build EA that use Renko Chart?

New comment
 

i am searching for a week and do not get the answer so i decide to ask you guys.

i want to buitd ea which use renko chart. i ask my friend who have computer skill, and he replied that he cannot build it because he doesnt know how to make EA open offline chart. he cannot do because renko must use offline chart. but now , i saw some topic that use renko as indicator box (below chart). i am so confuse.

https://www.youtube.com/watch?v=5-0Jz76SzxI 

 Finally, is it possible to build EA that use Renko Chart? 

 
I use EA based Renco
Files:
EA_Renco.jpg  302 kb
 
To download : Renko Line Break vs RSI EA
 
thank you very much
 

ismail77:
I use EA based Renco

 

ismail77:
I use EA based Renco

can u guide me how to do it

the comment below is a new type of renko, not original renko 

 
It possible,yes,but you should look for Renko ea or indicator building bricks that works with your EA
 

Hi

This is possible and those kind of scripts are working properly on mt4, there is also a plenty of Renko scripts which can build Renko offline charts on which you can trade like on a typical timeframe chart. There are some problems with that on mt5, I don’t know any reliable renko builder for mt5– and even if there are any scripts which create renko charts they require dedicated indicators and strategies to work on them (so you cannot use any of the built-in indicators and strategies of your own). 

Have a nice day👍📊

New comment