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  • Comments (26)
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Renko Chart

4.43

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!)
Reviews 9
284954
378
284954 2021.05.10 14:46 
 

Bom e útil, obrigado pela disponibilização!

Valentin Butorin
4096
Valentin Butorin 2020.07.23 13:37 
 

Not bad

trading1022
92
trading1022 2020.05.01 02:26 
 

Thanks so much

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This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continuation patterns The indicator is non-repainting and implements alerts The indicator implements a multi-timeframe dashboard It detects
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284954
378
284954 2021.05.10 14:46 
 

Bom e útil, obrigado pela disponibilização!

naldor
176
naldor 2021.01.27 03:28 
 

Não é preciso, não gostei!

Valentin Butorin
4096
Valentin Butorin 2020.07.23 13:37 
 

Not bad

trading1022
92
trading1022 2020.05.01 02:26 
 

Thanks so much

Hock Guan Koh
654
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

Gennadiy Voltornist
11924
Gennadiy Voltornist 2017.11.26 19:12 
 

User didn't leave any comment to the rating

Daniel Andrejczuk
5590
Daniel Andrejczuk 2017.11.07 23:14 
 

Good!

Andrey Litvichenko
7588
Andrey Litvichenko 2017.10.15 18:12 
 

User didn't leave any comment to the rating

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Version 1.1 2021.11.18
recompilation on new version of MT5