Market / MetaTrader 5 / Indicators /

Renko Chart

FREE

Published: 28 December 2011

Current version: 1.1

Renko Chart

3.56

Indicators
Marcin Konieczny
Marcin Konieczny
Poland

28358
4.2 (44)
- https://soft4fx.com
Marcin Konieczny - Soft4FX

High-quality trading solutions for Metatrader 4
Indicators, simulators, scripts and more...
http://soft4fx.com

4 products 1 article 1 topic 16 comments
Version: 1.1
Updated: 18 November 2021

This indicator allows to display Renko charts in the indicator window. Renko charts show only price movements that are bigger than the specified box size. It helps to eliminate noise and allows to focus on main trends.

Time is not a factor here. Only price movements are taken into account. That's why Renko chart is not synchronized with the main chart it is attached to.

Indicator works in two modes:

CLOSE - only close prices are taken into account while building the chart
HIGH_LOW - only high/low prices are taken into account

The box size can be specified in a two different ways:

PIPS - as an absolute value of pips
ATR - as a current value of ATR indicator (Note: current ATR value will be different every time you reinitialize or reattach the indicator!)

more...

1241

Robert Jenkins 2023.10.07 23:27 #

Would have liked to have seen the tails as an option ... otherwise appears ok

940

284954 2021.05.10 14:46 #

Bom e útil, obrigado pela disponibilização!

trading1022 2020.05.01 02:26 #

Thanks so much

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This indicator displays Point & Figure charts (PnF charts) in the indicator window. PnF charts show only price movements that are bigger than the specified box size. It helps to eliminate noise and allows focusing on main trends. Time is not a factor here. Only price movements are taken into account. That is why PnF chart is not synchronized with the main chart it is attached to. More about PnF charts: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:pnf_charts Indicator wor

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Custom Panel allows you to gather all kind of important information and display it as one handy table in the upper right corner of the chart. You can choose the contents of the panel yourself. Every row will show your own customized condition or value. Every column shows a different timeframe. The panel may contain up to 10 rows and up to 8 columns. Sample usage Row : Price > EMA(30) Mode : YES_NO Meaning : is current price above EMA(30) Row : Ask < Bands[L] Mode : YES_NO Meaning : is current a

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Filter:

198

equalitygr 2026.01.05 16:46 #

User didn't leave any comment to the rating

WILIAN1914 FRANÇA 2025.02.20 21:08 #

Aparece no rodape do grafico . E nao substitui os candles . Entao nao foi muito bom

Cris B. 2024.06.08 17:03 #

That is not a chart. It is an indicator and nothing to do with Renko, just the look…

[Deleted] 2024.05.19 04:01 #

User didn't leave any comment to the rating

1241

Robert Jenkins 2023.10.07 23:27 #

Would have liked to have seen the tails as an option ... otherwise appears ok

Pulih Hosea 2023.02.04 20:21 #

User didn't leave any comment to the rating

227

Lalit Kumar 2022.11.25 10:48 #

Excellent !!!

174

Alberthto23 2022.10.12 18:33 #

Não funcionou!

940

284954 2021.05.10 14:46 #

Bom e útil, obrigado pela disponibilização!

174

naldor 2021.01.27 03:28 #

Não é preciso, não gostei!

4147

Valentin Butorin 2020.07.23 13:37 #

User didn't leave any comment to the rating

trading1022 2020.05.01 02:26 #

Thanks so much

866

Hock Guan Koh 2019.10.24 12:42 #

useful and it's free

[Deleted] 2019.01.07 17:39 #

User didn't leave any comment to the rating

11909

Gennadiy Voltornist 2017.11.26 19:12 #

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5597

Daniel Andrejczuk 2017.11.07 23:14 #

User didn't leave any comment to the rating

7697

Andrey Litvichenko 2017.10.15 18:12 #

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Renko Chart

Marcin Konieczny