Renko

To add comments, please log in or register
Bendict Wellstood
925
Bendict Wellstood  

Hello

I'm getting confused as how to apply renko to MT4 - I've read quite a lot, but it's not getting through my stupid head :-)

Can anyone help please? Is there just an indicator I can drop onto the chart?

Thanks so much.

Artur Zas
13901
Artur Zas  
Bendict Wellstood:

Hello

I'm getting confused as how to apply renko to MT4 - I've read quite a lot, but it's not getting through my stupid head :-)

Can anyone help please? Is there just an indicator I can drop onto the chart?

Thanks so much.

You can use an indicator or an EA. Depends on what you need.

Mehrdad Jeddi
28718
Mehrdad Jeddi  

So you could search and figure out about it:

https://www.mql5.com/en/code/15563

https://www.mql5.com/en/code/15422

Tipu Renko Live
Tipu Renko Live
  • www.mql5.com
Renko charts were invented in Japan and were introduced to the Western world by Steve Nison, widely known as father of modern candlestick charting. Renko charts ignore time and focus solely on price changes. Renko charts plot fixed price brick up or down in 45 degrees with one brick per vertical line. As vertical/horizontal axis cannot be fixed...
Bendict Wellstood
925
Bendict Wellstood  
Thank you all very much. I was just after an indi but if EAs exist, that could be interesting.
Sergey Golubev
Moderator
112357
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Usefull links/threads/tools

Sergey Golubev, 2018.01.19 16:44

Renko


The forum

  1. Heiken_Ashi_Ma_T3 indicator for Mr.Nims, Renko Ashi Scalping System thread 
  2. Are Renko charts more profitable? - the thread with the information and indicators to download
  3. Renko Bar |Day Trading | What are Renko Bars | How do Renko Bars Work - the post with video
  4. Renko (extraction from Achelis - Technical Analysis from A to Z) - the post with mini-article 
  5. How to Use Renko Bricks and Moving Averages to Find Trades - the post 
  6. The 3 Step EMA and Renko Strategy for Trading Trends - the post with mini-article 
  7. Trading Trends with Renko Charts - the post with mini-article
CodeBase

  1. Renko 2.0 - indicator for MetaTrader 5 
  2. Renko 2.0 ATR - expert for MetaTrader 5 
  3. Renko 2.0 Offline - expert for MetaTrader 5
  4. AdaptiveRenko - indicator for MetaTrader 5
  5. Renko EA - expert for MetaTrader 4  
  6. Renko_v2 - indicator for MetaTrader 5
  7. Renko Scalper - expert for MetaTrader 4
  8. Predictor Marks for Renko, Mean Renko and Range Bars - indicator for MetaTrader 4 
  9. Renko Charts - indicator for MetaTrader 4 
  10. Renko - indicator for MetaTrader 5 
  11. Renko_v1 - indicator for MetaTrader 4
  12. Renko Charts - expert for MetaTrader 4
  13. Tipu Renko Live - indicator for MetaTrader 4  
  14. Renko Live Charts v4.13 - expert for MetaTrader 4
  15. Renko Chart from ticks (Most precise method) - expert for MetaTrader 4
  16. Renko Range Detector - indicator for MetaTrader 4 
  17. RenkoShade2 - Draws Renko boxes in normal TF - indicator for MetaTrader 4 
  18. Renko Indicator - indicator for MetaTrader 4

Articles

  1. Indicator for Renko charting - MetaTrader 5 article 
  2. How to create an indicator of non-standard charts for MetaTrader Market - MetaTrader 4 article 
  3. Synthetic Bars - A New Dimension to Displaying Graphical Information on Prices - MetaTrader 4 article 
  4. Indicator for Constructing a Three Line Break Chart - MetaTrader 5 article

============


Bendict Wellstood
925
Bendict Wellstood  
Thank you!
To add comments, please log in or register