Basic Renko MT4

4

The Basic Renko indicator is a powerful tool for traders looking for a clear and concise market perspective. Our indicator not only simplifies trend visualization, but also offers accurate alerts for reversals, providing a strategic edge in your trading / Free MT5 Version


Features

  • Fully Customizable: Tailor the indicator to your business preferences with advanced customization options. From colors to box size settings, you have full control over how information is displayed on your chart.
  • Reversal Alerts: Be the first to know about potential changes in market direction with our reversal alerts. This allows you to make informed and timely decisions to maximize your profits and minimize your losses.


Inputs

  • Size of the boxes: Box sizes (based on points)
  • Bullish box color: Bullish box color
  • Bearish box color: Bearish box color
  • Box opacity: The amount of opacity (between 0 and 100). Transparency increases as opacity decreases
  • Text color: The color of the numbers that count the number of bars in each box
  • Font size: The size of the numeric text
  • Max Bars: Maximum number of bars for which the indicator will perform calculations (zero means all available bars)
  • Pop-up Alert: Alerts the MT4 terminal when a reversal occurs
  • Email alert: Email alert when a reversal occurs
  • Push notification alert: Alerts the phone when a reversal occurs


Reviews 13
Dhayatama
335
Dhayatama 2026.04.16 13:37 
 

Good indicator

lt775775
84
lt775775 2025.03.27 18:26 
 

Thank you

heiko v.piechowski
2029
heiko v.piechowski 2024.06.11 16:06 
 

Great, thanks for sharing

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Basic supply demand   indicator is a powerful tool designed to enhance your market analysis and help you identify key areas of opportunity on any chart. With an intuitive and easy-to-use interface, this free Metatrader indicator gives you a clear view of supply and demand zones, allowing you to make more informed and accurate trading decisions /   Free MT4 version Dashboard Scanner for this indicator: ( Basic Supply Demand Dashboard ) Features The indicator   automatically   scans the chart fo
FREE
Our innovative Basic Candlestick Patterns Dashboard is specifically designed to identify profitable candlestick patterns on the chart automatically. This dashboard uses advanced algorithms to scan price charts in real time and detect a wide range of candlestick patterns, from classic to complex. In addition, it has an easy-to-use interface that allows you to visualize the detected patterns on different time frames, making it easy to make informed decisions /   MT5 version Free indicator:  Basic
Basic Renko MT5
Mehran Sepah Mansoor
4.56 (9)
The   Basic Renko  indicator is a powerful tool for traders looking for a clear and concise market perspective. Our indicator not only simplifies trend visualization, but also offers accurate alerts for reversals, providing a strategic edge in your trading /   Free MT4 Version Features Fully Customizable:   Tailor the indicator to your business preferences with advanced customization options. From colors to box size settings, you have full control over how information is displayed on your char
FREE
This dashboard discovers and displays the  Supply  and  Demand  zones on the chart, both in scalping and long term mode, depending on your trading strategy for the selected symbols. In addition, the scanner mode of the dashboard helps you to check all desired symbols at a glance and not to miss any suitable positions /   MT4 version Free indicator:   Basic Supply Demand Features Allows you to view trading opportunities on   multiple currency pairs , giving you a clear and concise view of all p
Comprehensive Moving Average
Mehran Sepah Mansoor
4.8 (15)
Access a wide range of moving averages, including EMA, SMA, WMA, and many more with our professional   Comprehensive Moving Average   indicator. Customize your technical analysis with the perfect combination of moving averages to suit your unique trading style /  MT5 Version Features Possibility to activate two MAs with different settings. Possibility to customize chart settings. Possibility to change the color of the candlesticks depending on crossed MAs or price crossed with MAs. Sending of a
FREE
Basic Harmonic Pattern
Mehran Sepah Mansoor
4.6 (63)
This indicator identifies the most popular   Harmonic Patterns   which predict market reversal points.  These harmonic patterns are price formations that are constantly repeating in the forex market and suggest possible future price movements /    Free MT5 Version Dashboard Scanner for this indicator: ( Basic Harmonic Patterns Dashboard ) Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard Fu
FREE
Basic TrendLine MT5
Mehran Sepah Mansoor
This powerful tool automatically identifies trend lines, helping you streamline your trading strategy and make more informed decisions.  MT4 Version Key Features Automatic Trend Line Detection : The "Basic TrendLine" indicator scans the market for potential trend lines and displays them on your chart instantly. This saves you valuable time and ensures you never miss an important trend. User-Friendly Panel : Our indicator comes with a beautiful, intuitive panel that allows you to easily draw a v
Basic Candlestick Patterns
Mehran Sepah Mansoor
4.14 (7)
Our Basic Candlestick Patterns indicator makes identifying major candlestick patterns easier than ever. Discover patterns such as the Hammer, the Evening Star, the Three White Soldiers and many more with just a glance at your chart. With an intuitive interface and clear visual cues, our indicator helps you identify trading opportunities quickly and accurately /  MT5 version Dashboard Scanner for this indicator: ( Basic Candlestick Patterns Dashboard ) Features Accuracy : Automatically identifie
FREE
Basic Supply Demand
Mehran Sepah Mansoor
4.33 (3)
Basic supply demand   indicator is a powerful tool designed to enhance your market analysis and help you identify key areas of opportunity on any chart. With an intuitive and easy-to-use interface, this free Metatrader indicator gives you a clear view of supply and demand zones, allowing you to make more informed and accurate trading decisions /   Free MT5 version Dashboard Scanner for this indicator: ( Basic Supply Demand Dashboard ) Features The indicator   automatically   scans the chart for
FREE
Basic TrendLine
Mehran Sepah Mansoor
This powerful tool automatically identifies trend lines, helping you streamline your trading strategy and make more informed decisions.  MT5 Version Key Features Automatic Trend Line Detection : The "Basic TrendLine" indicator scans the market for potential trend lines and displays them on your chart instantly. This saves you valuable time and ensures you never miss an important trend. User-Friendly Panel : Our indicator comes with a beautiful, intuitive panel that allows you to easily draw a v
Basic Theme Builder MT5
Mehran Sepah Mansoor
5 (2)
Basic Theme Builder: Simplify Your Chart Customization Transform your trading experience with the Basic Theme Builder indicator, a versatile tool designed to streamline the customization of your chart's appearance on MetaTrader 5. This intuitive indicator offers a user-friendly panel that enables you to effortlessly switch between various themes and color schemes, enhancing both the visual appeal and functionality of your trading environment.  Free MT4 version The Basic Theme Builder indicator i
FREE
Basic Theme Builder
Mehran Sepah Mansoor
5 (1)
Basic Theme Builder: Simplify Your Chart Customization Transform your trading experience with the   Basic Theme Builder   indicator, a versatile tool designed to streamline the customization of your chart's appearance on MetaTrader 4. This intuitive indicator offers a user-friendly panel that enables you to effortlessly switch between various themes and color schemes, enhancing both the visual appeal and functionality of your trading environment.  Free MT5 version The   Basic Theme Builder   in
FREE
This dashboard discovers and displays the  Supply  and  Demand  zones on the chart, both in scalping and long term mode, depending on your trading strategy for the selected symbols. In addition, the scanner mode of the dashboard helps you to check all desired symbols at a glance and not to miss any suitable positions / MT5 version Free indicator: Basic Supply Demand Features Allows you to view trading opportunities on multiple currency pairs , giving you a clear and concise view of all pairs, r
Market Overview MT4
Mehran Sepah Mansoor
5 (1)
Optimize your trading decisions with our market strength and sentiment indicator and no longer trade against the trend! Meticulously designed for serious traders who value accurate and timely information, our indicator provides a bird's-eye view of the 28 major pairs in a very simple way. This tool is able to rank the currency pairs based on terms of popularity, bullish or bearish trend strength and percentage of buyers and sellers / MT5 version .  Features Real-Time Trend Strength: Get an accu
Basic Volume Profile
Mehran Sepah Mansoor
Discover the power of volume analysis with our volume profile indicator for Metatrader! / MT5 Version Basic Volume Profile is an indicator specifically designed for manual traders looking to optimize their trading. The Volume Profile Indicator is an essential tool for any serious trader looking to better understand market behavior. With our innovative solution you can clearly and concisely visualize how trading volume is distributed across prices. This allows you to identify key areas of inter
Our Basic Support and Resistance indicator is the solution you need to boost your technical analysis. This indicator allows you to project support and resistance levels on the chart / MT5 Version Features Integration of Fibonacci Levels:  With the option to display Fibonacci levels alongside support and resistance levels, our indicator gives you an even deeper insight into market behavior and possible reversal areas. Performance Optimization:  With the option to update extended lines only at th
Market Overview MT5
Mehran Sepah Mansoor
Optimize your trading decisions with our market strength and sentiment indicator and no longer trade against the trend! Meticulously designed for serious traders who value accurate and timely information, our indicator provides a bird's-eye view of the 28 major pairs in a very simple way. This tool is able to rank the currency pairs based on terms of popularity, bullish or bearish trend strength and percentage of buyers and sellers /   MT4 version .  Features Real-Time Trend Strength: Get an a
Our innovative   Basic Candlestick Patterns Dashboard   is specifically designed to identify profitable candlestick patterns on the chart automatically. This dashboard uses advanced algorithms to scan price charts in real time and detect a wide range of candlestick patterns, from classic to complex. In addition, it has an easy-to-use interface that allows you to visualize the detected patterns on different time frames, making it easy to make informed decisions /   MT4 version Free indicator:  B
Discover the power of volume analysis with our volume profile indicator for Metatrader!   /   MT4 Version Basic Volume Profile is an indicator specifically designed for manual traders looking to optimize their trading. The Volume Profile Indicator is an essential tool for any serious trader looking to better understand market behavior. With our innovative solution you can clearly and concisely visualize how trading volume is distributed across prices. This allows you to identify key areas of i
Our   Basic Support and Resistance   indicator is the solution you need to boost your technical analysis. This indicator allows you to project support and resistance levels on the chart /   MT4 Version Features Integration of Fibonacci Levels:  With the option to display Fibonacci levels alongside support and resistance levels, our indicator gives you an even deeper insight into market behavior and possible reversal areas. Performance Optimization:  With the option to update extended lines onl
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Dhayatama
335
Dhayatama 2026.04.16 13:37 
 

Good indicator

Alex De
39
Alex De 2025.09.18 00:27 
 

Seems to be working quite alright. I like that it is an overlay on my current candlesticks charts so I can use the candlesticks and its graphs along with this overlay.

What I don't like is that it totally lacks a description of the properties panel. Obvious, colors don't need descriptions but the others options do.

The video with the girl, although she is pretty, is not good I'm afraid.

jerome88974
102
jerome88974 2025.05.15 19:39 
 

The indicator works, it's great. It's my fault, I didn't install it properly! Thanks

Mehran Sepah Mansoor
245731
Reply from developer Mehran Sepah Mansoor 2025.05.15 20:27
There is no limit on symbols.
For specific symbols, you need to set the size of the bricks correctly.
It is recommended to spend at least some time reading the indicator description and learning how to use it.
Hendrikus Pelgrim
1202
Hendrikus Pelgrim 2025.04.09 12:59 
 

Good.

lt775775
84
lt775775 2025.03.27 18:26 
 

Thank you

[Deleted] 2024.11.02 00:46 
 

User didn't leave any comment to the rating

Lindawei
113
Lindawei 2024.09.13 17:06 
 

此指标使用后发现有未来函数,一旦趋势改变会重新粉刷,慎用!

对这个 Renko 指标经过了解后理解它会重新粉刷,那请问您的 Renko 指标如何应用才能:Be the first to know about potential changes in market direction with our reversal alerts.

Mehran Sepah Mansoor
245731
Reply from developer Mehran Sepah Mansoor 2024.09.13 18:04
Dear Lindawei, Please note that this is a special Renko indicator. It's Not a signal indicator. If you are not familiar with Renko, it is better to read a little about it.
heiko v.piechowski
2029
heiko v.piechowski 2024.06.11 16:06 
 

Great, thanks for sharing

Rodrigo Arana Garcia
164274
Rodrigo Arana Garcia 2024.05.31 11:23 
 

good one !

sunnychow
9083
sunnychow 2024.05.31 09:25 
 

User didn't leave any comment to the rating

gallard_a
255
gallard_a 2024.05.18 09:04 
 

User didn't leave any comment to the rating

rovinades
431
rovinades 2024.05.17 12:30 
 

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Solene Clement
370
Solene Clement 2024.05.17 11:33 
 

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