Market / MetaTrader 5 / Indicators /

Basic Renko MT5

FREE

Published: 9 March 2024

Current version: 2.10

Basic Renko MT5

4.56

Indicators
Mehran Sepah Mansoor
Mehran Sepah Mansoor
CEO at BaseOfTrading

Canada

243079
4.8 (755)
- BaseOfTrading.com
𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐄𝐱𝐩𝐞𝐫𝐭𝐢𝐬𝐞
With 11 years immersed in the trading industry, I bring a wealth of knowledge and experience to the table.
𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐦𝐢𝐧𝐠 𝐏𝐫𝐨𝐰𝐞𝐬𝐬

26 products 1 topic 1 comment
Version: 2.10
Updated: 4 July 2025

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 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 MT5 terminal when a reversal occurs
Email alert: Email alert when a reversal occurs
Push notification alert: Alerts the phone when a reversal occurs

more...

1008

Rich8989 2025.08.23 04:36 #

Thanks for sharing

4131

Benjamin Afedzie 2025.06.11 15:34 #

great product

324

P.ARMz4915 2025.06.08 14:27 #

Thanks a lot for sharing, it's a good indicator.

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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

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

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

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 char

FREE

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

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

30 USD

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: 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

49.50 USD

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

49.50 USD

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

42.50 USD

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

30 USD

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

32.50 USD

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

49.50 USD

42.50 USD

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

30 USD

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

32.50 USD

Filter:

230

Kevin Strydom 2026.05.24 08:24 #

Pretty decent indicator there fella. Thanks. Pretty sure any people/traders can add or use it to help get better results.

584

HOGJoerch63 2026.02.11 10:00 #

User didn't leave any comment to the rating

3457

James Erasmus 2025.08.28 09:35 #

Super product, stable and good concept. When loaded to chart, some indicators are set to background, one has to properties and unselect show on foreground, it somehow defaults this when change time frame also. Strange, if developer could resolve i will give 5stars, thanks

1008

Rich8989 2025.08.23 04:36 #

Thanks for sharing

2219

Lydia Kwarteng 2025.06.12 08:15 #

User didn't leave any comment to the rating

4131

Benjamin Afedzie 2025.06.11 15:34 #

great product

324

P.ARMz4915 2025.06.08 14:27 #

Thanks a lot for sharing, it's a good indicator.

950

Ramhorn 2025.05.28 10:28 #

Thank you...it puts my trading into a better view of market direction.

794

Irusel 2024.10.29 21:13 #

Отличный индикатор

942

gnanos123 2024.09.05 12:48 #

OK Indicator

2821

Denys Matiushyn 2024.08.26 22:09 #

User didn't leave any comment to the rating

449

Michael-MT5 2024.08.05 08:03 #

User didn't leave any comment to the rating

318

Stanislav Tikhonov 2024.06.07 16:22 #

гуд

Basic Renko MT5

Mehran Sepah Mansoor

Features