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Median and Turbo renko indicator bundle

Robust median Renko style indicator for creating custom charts resembling Median Renko, Mean Renko, Turbo Renko and Better Renko candles as well as vanilla Renko with wicks plus Point-O charts. This all in one package provides all of the signals needed by day traders, scalpers, and even long-term traders.


Main characteristics

  • The indicator is an overlay on the main chart so it is possible to utilize one-click trading and order manipulation directly on the custom charts. Visual order placement is also possible.
  • History calculated using real tick data.
  • Built-in technical studies: 3 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weighted using tick volume or real volume), Bollinger Bands, Donchian channel, Super Trend.
  • Price level indications for current bar close levels, which are conveniently displayed to the right of the current bar.
  • Optional display of monthly, weekly and daily pivot levels.
  • Optional display of daily R1, R2, R3 & S1, S2, S3 resistance & support levels for the current trading day.
  • Optional display of previous day's high, low and close levels.
  • Optional ATR based bar size calculation.
  • Optional first Renko open offset.
  • Audio, Push notifications and text alerts for new bar open events and/or reversals (different audio files can be assigned for bearish and bullish reversals).
  • Convenient display of current bar's open date/time along with bar size and retracement factor information.
  • Color indication of last day's bar for easy history assessment.
  • Color markup of phantom Renko bars (gaps).
  • Each bar has its own info regarding the bar's Open, Low, High, Close values, as well as the Tick Volume, Real Volume (with breakdown of buy/sell volume) and Bar open time for use by EAs (saved as double in indicator's buffer and available via dedicated Data Window).
  • A dedicated data window is displayed when left-clicking a Renko bar while holding down the CTRL key.


Indicator Settings

  • Bars size (in points).
  • Retracement factor (0.01 to 1.00).
  • Asymmetrical reversals (true/false).
  • Show wicks (true/false).
  • ATR based bar size calculation (user editable ATR period and percent of daily ATR value used for bar size calculation).
  • Show history for defined number of days (plus current day).
  • Apply offset to first Renko (plus offset value).
  • Synchronize first bar's open on a new day (true/false).
  • Top/Bottom padding (0.0 - 1.0) - used to set the margins above and below the visible high & low of the visible Renko chart.
  • Show Monthly, Weekly and Daily pivot levels plus Daily R1, R2, R3 & S1, S2, S3 (calculated using Classic or Fibonacci method) as well as previous day's High, Low & Close levels with color definitions.
  • Pivot Point calculation method ( (H+L+C)/3 or (O+H+L+C)/4 ).
  • Show current bar's close projections (true/false) + bullish bar projection color and bearish bar projection color.
  • Display current bar's open time along with bar size and retracement factor (true/false) + Current bar's open time info color.
  • Alert on a new bar (true/false)
  • Alert on reversal bar (true/false)
  • Alert on MA crossover (true/false) - 1st MA (fast) & 2nd MA (slow) need to be enabled for the alert to work
  • Display alert in Alert Window (true/false)
  • Play sound on alert (true/false)
  • Send alert via push notification to a smartphone (true/false)
  • Use sound file for bullish alerts (.wav sound file located in MetaTrader 5 \Sounds folder).
  • Use sound file for bearish alerts (.wav sound file located in MetaTrader 5 \Sounds folder).
  • Settings for first MA - 3rd MA.
  • Show Channel (None, Donchian Channel, Bollinger Bands, Super Trend).
  • Donchian Channel period of averaging.
  • Bollinger Bands apply to.
  • Bollinger Bands period.
  • Bollinger Bands deviations.
  • Super Trend period.
  • Super Trend multiplier.
  • Display as bar chart (true/false).
  • Shift objects with chart (true/false)
  • Indicator used in EA via iCustom() (true/false) - Set this to true only when calling the indicator from an EA, another indicator or Script.

The first 5 settings are used for defining the type of chart that should be displayed and the next three are utilized for optional synchronization of chart's starting point for maximum consistency.

The following settings are used for turning ON/OFF various information on the chart to suit individual needs. These are followed by settings are used for custom alerting of new bars and new bar reversals.

Finally the last settings enable the trader to add 3 custom Moving Averages and a Donchian Channel, Bollinger Bands or Super Trend channel to perform technical studies directly on the Median Renko or Turbo Renko charts.

Below, you'll find the settings for creating several commonly utilized charting types:

  • Median Renko
    • Retracement factor = 0.5
    • Asymmetrical reversals = yes
    • Show wicks = yes
  • Vanilla Renko with wicks
    • Retracement factor = 1.0
    • Asymmetrical reversals = yes
    • Show wicks = yes
  • Turbo Renko
    • Retracement factor = 0.25
    • Asymmetrical reversals = yes
    • Show wicks = yes
  • Hybrid Renko
    • Retracement factor = 0.25
    • Asymmetrical reversals = no
    • Show wicks = yes
  • Point-O
    • Retracement factor = 1.0
    • Asymmetrical reversals = no
    • Show wicks = yes
Reviews 26
igulinda
49
igulinda 2021.06.09 14:10 
 

excellent work, where can I find a user guide?

Niklas Gruenbauer
357
Niklas Gruenbauer 2021.05.08 16:16 
 

Great indicator, combined with my EA strategy it works like a charm! So far, value for money is the best I have found!

Jptrading
170
Jptrading 2021.04.23 22:03 
 

AWESOME product , I double my account within 48 hours...I'm Impressed. One of the best out there.. But Waiting for Artur To update on MA1 & MA2 crossing notification cause its not working ..no update yet after a few days.. 24 hours later he helped and things are working great.100 stars

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(FOR MT5)  Trend Finder Multi Pair And Multi Time Frame :   This indicator has been designed to help find the strongest trends in the forex market, quickly and easily. It simultaneously analyzes the moving averages for all 28 pairs and across 8 time-frames. And then it ranks each pair according to trend-strength. IMPORTANT FACTORS TO KEEP IN MIND: Institutional traders use moving averages more than any other indicator. And trading with the dominant trend is a CRITICAL part of your long term s
79 USD
BW Dance
BW Dance
Andrey Dyachenko
BW Dance - Bill Williams Trading Chaos Signal MTF Indicator for MetaTrader 5 !!! This indicator is not a trading system !!! This is only a convenient tool for receiving signals of the Bill Williams trading system in visual and sound mode The main idea of ​​the indicator: display current signals of the BW system on the right edge of the chart, according to the principle HERE and NOW output signals in three ways: next to the price scale under / above price bottom of the chart - opposite
89 USD
Naragot Sentiment Market Outlook MT5
Naragot Sentiment Market Outlook MT5
Alexander Mordashov
Trade against the crowd using Naragot Sentiment Market Outlook! Get notifications to your Mobile MT4 Terminal while the sentiment changes! What is Sentiment Market Outlook? This is the ratio of buyers and sellers in the market right now. Naragot Sentiment Market Outlook collects the data from different brokers and monitoring services and provides you this information directly in the trading terminal. In order to provide the indicator up-to-date ratios data you should install and keep turned on
50 USD
CoioteTarget
CoioteTarget
Alexandre Moraes De Souza Lima
Projeção de alvos harmônicos com dois cliques, os alvos possuem melhor qualidade quando ancorados em candles climáticos, seja de ignição ou exaustão ou em pivôs de alto volume. Funciona com qualquer ativo (volume real e volume tick), em qualquer tempo gráfico, ações, indicies, futuros, forex, criptomoedas, commodities, energia, mineiro e qualquer outro. As projeções devem respeitar os princípios de confluência e simetria, portanto não devem ser utilizados unicamente como critério de decisão, se
250 USD
FibExtender
FibExtender
Syed Oarasul Islam
This Indicator draws Fibonacci Extension levels in two different ways. You can select whether to draw Fibonacci Extension levels based on your favourite ZigZag settings or you can let the indicator to draw Fibonacci Extension  level based on given number of Bars or Candles.  You can also set Mobile and Email notification for your favourite Extension  levels individually. With this indicator you will not have to feel lonely as the it can generate Voice alerts, which will keep you focused on your
50 USD
TPA True Price Action MT5 Indicator
TPA True Price Action MT5 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
168 USD
Trend Semaphore Indicator
Trend Semaphore Indicator
Rodrigo Silva
TSI - Trend Semaphore Indicator Work tool developed to display the force of movement. This tool was developed for Trend Following strategies. Recommended for all types of traders. Can be used in any instrument and market. Can be used in any period of time. Trend indication using multicolored candles. New trend A new trend is signaled by the changing colors on the chart's candles. The indicator indicates the upward trend with the green color, the downward trend by the red color and weak moveme
50 USD
Supply Demand RSJ PRO
Supply Demand RSJ PRO
JETINVEST
The indicator Supply Demand RSJ PRO calculates and plots the "Supply" and "Demand" zones on the graph, identifying the type of Zone (Weak, Strong, Verified, Proven) and in case of retests of the Zone it shows how many times it was retested. "Supply" Zones are the price zones where more supply than demand has occurred, driving prices down. "Demand" Zones are the price zones where more demand than supply has occurred, pushing prices up. Classification of zones Weak: Price region which, if re-te
77 USD
Weis Wave with Alert MT5
Weis Wave with Alert MT5
Panagiotis Diamantopoulos
** NEW PLUTUS SIGNALS and ALL IN ONE ** Plutus Long and Short trading signals added (for more infor visit    http://www.tradethevolumewaves.com   Different Wave Types can be sellected. Choose what your cumulative Histogram diplays: Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves ** IF YOU PURCHASE DO NOT FORGET TO CONTACT ME BECAUSE THERE IS MORE. Free, two hour, one to one webinar covering setup , methodology and Q&A on any lifetime purchase. How to trade with it:   ht
499 USD
Channels Indicator MT5
Channels Indicator MT5
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
Channels indicator does not repaint as its based on projecting the falling and raising channels. As a trader you need a path to be able to place your buy and sell trades such as: Supply and Demand , Falling & raising channels. Falling and raising channels can be in any time frame and also can be in all time frames at the same time and the price always flows within these channels. Experienced trades will draw the key levels and channels around the time frames. But, they will not be able to draw
50 USD
Synthethic Savages Alert for Volatility Indexes
Synthethic Savages Alert for Volatility Indexes
Ziggy Janssen
*Non-Repainting Indicator Arrow Indicator with Push Notification based on the Synthethic Savages strategy for synthethic indices on binary broker. Signals will only fire when the Synthethic Savages Strategy Criteria is met BUT MUST be filtered. Best Signals on Fresh Alerts after our Savage EMA's Cross. Synthethic Savage Alerts is an indicator that shows entry signals with the trend. A great tool to add to any chart.  Best Signals occur on Fresh Alerts after our Savage EMA's Cross + Signal
1 950 USD
FX Market Correlation
FX Market Correlation
Igor Pokorni
FX Market Correlation indicator calculates the weakness/strength from all 28 currency pairs in the market. This is unique and powerful way of watching the market. It works on all timeframes. You can use it for scalping, or you can use it for long term trading. FX Market Correlation indicator is NOT repainting. Features: --------- -easy determine which currency is strengthening and which is weakening -choose best currency pairs to trade and times to trade them -find correlation between pairs -N
89 USD
IQ WD Gann Pivot Point MT5
IQ WD Gann Pivot Point MT5
Somsri Sarkar
VIEW INDICATOR MANUAL Note!  "Arial Bold" font should be installed in your operating system, specially on windows 10 server. Indicator can be applied with all types of instruments including Forex, Stocks, Commodities, Indices, etc. Just adjust the indicator scale accordingly. Metatrader 4 version available Indicator Benefit The indicator is inspired by WD Gann trading style & customized for the modern market with a simplistic approach. It is designed for scalping to day trading. A complete
180 USD
Neya
Neya
Ivan Gherlani
Quantitative  intra-day & intra-week  trading indicator based on   machine learning for MetaTrader 5. - Identify the trend: Demand/supply equilibrium analysis identifies the market trend which is shown on the chart together with dynamic support and resistance levels. - Know when to enter: After detecting an equilibrium imbalance (excess demand or supply in trading volume), blue and red arrows show you buy and sell opportunities. - Know when to exit a trade: The algorithm elaborates market data
149.90 USD
Weis Wave
Weis Wave
Sergey Mylnikov
The indicator displays the total or average volume in the price movement. Due to this, it is easy to determine the demand and supply in the market, turning points. It works in any Forex markets, futures, stocks.  It does not redraw, the construction algorithm allows you to work with any instrument on any timeframe, regardless of the volatility "without adjustment to the instrument." The ideas from the books of David Weiss  "A Modern Adaptation of the Wyckoff Method" and Timothy Orda  "The_Secret
53 USD
Reversal Z
Reversal Z
Sugianto
Reversal Z is an indicator to determine the reversal point based on support and resistance. Reversal Z is equipped with up and down arrow plus alert to suggest entry positions. How To use this indicator : here Input indicators: + Averaging Period: Total Bar history to determine support and resistance. + Popup message : Show alert window + Push notification: Send notification to MetaQuotes id + Email: Send email + Play sound on alert: Play alert sound + Sound files: Sound Name
60 USD
AO unpaid divergences
AO unpaid divergences
Diego Arribas Lopez
How to use the Demo version AO unpaid divergences MT5 - Goldenlifestyle AO unpaid divergences is the first indicator developed to detailed analyze Regular and Hidden Divergences. It uses this analysis to find out possible entry points and targets. Below some of the characteristics of this indicator:  Time saving Highly customizable Working for all pairs (Crypto, Forex, Stocks, Indices, Commodities...) Suitable for Scalping or Swing trading Possible reversal swings Alerts and Notifications on MT
450 USD
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Trend Scalper Candles
Trend Scalper Candles
Artur Zas
The trend scalper candles are used to identify short-term trends based on the readings of the MACD, RSI and ATR indicators. All indicator calculations are visualized by candle colors which are overlapped on the chart. The indicator uses gray , green and red colors to paint individual candles, which gives you a lot of useful and easy to read information. Gray candles Gray candles indicate a range bound period and the information can be used to trade breakouts. Simply mark the high and low of th
30 USD
Trading panel with risk management
Trading panel with risk management
Artur Zas
Robust trading panel for use on any symbol (including RangeBars or Renko custom symbols). The tool can be placed anywhere on the chart and offers the following array of features: One-click instant order entry. Pending order entry using horizontal lines on the chart Pending order entry using keys in Entry price (E/P) and optional Stop Loss (S/L) and/or Take Profit (T/P) A choice between fixed trading volume or risk-based volume calculation based on the available account equity, entry price, and t
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Range Bars
Range Bars
Artur Zas
The robust charting solution enables creating custom live range bar charts on the MetaTrader 4 trading platform. You can apply all of the standard and custom indicators and technical studies directly to the range bar charts and you can run EAs directly on these charts as well* (for details see text below the input summary). To create a range bar chart you need to attach the Range Bar indicator to a standard time frame (1 minute is recommended) and use the indicator's settings to generate a live
45 USD
Ultimate Renko
Ultimate Renko
Artur Zas
Ultimate Renko is a full implementation of a robust Renko style charting solution for MT4. It enables creating custom live charts resembling Median Renko , Mean Renko , Turbo Renko , and Better Renko candles as well as Vanilla Renko and Renko with wicks , PointO charts, and many more. This all-in-one package provides all of the signals needed by day traders, scalpers, and even long-term traders. You can apply all of the standard and custom indicators and technical studies as well as templates to
45 USD
Tick chart generator
Tick chart generator
Artur Zas
A utility used to create custom Tick or Volume bar charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. You can attach any MT5 compatible indicator or template to the tick chart and perform your technical analysis. Tick charts measure the number of transactions per bar. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The generator uses tick data to plot
39 USD
Seconds timeframe chart
Seconds timeframe chart
Artur Zas
Create and trade timeframes in seconds. The bar time duration is freely adjustable from 1 second and up. The chart is accurately constructed using real ticks from the broker's server. Main characteristics The indicator is an overlay on the main chart, making it possible to utilize one-click trading and on-chart order manipulation. History calculated using real tick data. Built-in technical studies: 4 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weighted using tick or rea
45 USD
Range Bars Charting
Range Bars Charting
Artur Zas
Range Bars for MetaTrader 5 is a unique tool for conducting technical analysis directly on the charts, as the indicator is an overlay on the main chart and range bars are calculated using real tick data. The trader can place and modify orders directly on the range bar chart (even with the use of one-click trading). Apart from range candles, the indicator also includes the most commonly used technical studies which are 3 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weight
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Countdown timer for Tick and Volume charts
Countdown timer for Tick and Volume charts
Artur Zas
A countdown timer for the  Volume bar chart generator  and  Tick chart generator  products, which are available for download from the MQL5 Market: Tick chart generator: https://www.mql5.com/en/market/product/29215 Volume bar chart generator: https://www.mql5.com/en/market/product/47197 The counter conveniently displays the number of ticks or transactions (depending on the chart) that need to pass for a new bar to start printing. The user can set the following indicator inputs. Volume type
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Choppy Market Index indicator
Choppy Market Index indicator
Artur Zas
CMI - Profit from trending and ranging markets. The CMI indicator is a two-part system used to trigger both trend and counter-trend trades, that has been introduced by Daniel Fernandez in an article published in Currency Trading Magazine (August 2011 issue). It is a simple, yet effective indicator, which gauges whether the market has behaved in a choppy (non-directional) manner or trending (directional) manner. CMI calculates the difference between the most recent bar's close and the close n bar
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Scalper Signal Indicator
Scalper Signal Indicator
Artur Zas
Scalper Signal indicator for MetaTrader 4 is a visual way to help determine whether to buy or sell against a pivot level (it does not repaint). The painted bars mark a "pivot high" or "pivot low". This is done after 3 higher closes or 3 lower closes. Red arrows above the bar mark a continuing downtrend confirmation while the Green arrows below the bar mark a continuing uptrend confirmation. The faster the timeframe, the faster the confirmation, because the indicator measures price action when yo
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Extreme Volume Indicator
Extreme Volume Indicator
Artur Zas
The extreme volume indicator helps identify turning points in the market by pinpointing spots of higher than average volume. Such points usually indicate the start of a trend or a turning point in the market. The indicator averages out volume readings over an extended period of time and calculates a volume threshold level. When this level is breached, it identifies the most likely trend direction using the trend of the candle that breached the volume threshold. The direction indicator (red or gr
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Line Break chart generator
Line Break chart generator
Artur Zas
The professional line break chart generator is used to create live line break charts (i.e. 3 line break ). The chart is plotted using MT4's offline charging facility thus making it possible to trade* directly from the chart as well as attach any of the standard or custom indicators to perform technical analysis. The line break chart can be displayed as the most widely used 3 line break chart or a custom variation such as 2 or 5 line break chart . Wicks can be displayed or hidden on the chart - t
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Line break chart PRO
Line break chart PRO
Artur Zas
A professional line break chart which is displayed directly in the chart window thus making it possible to trade directly from the MetaTrader 5 charts. The line break chart can be displayed as the most widely used 3 line break chart or a custom variation such as 2 or 5 line break chart . Wicks can be displayed or hidden on the chart - they give a lot of additional information regarding the underlying price action. The indicator's settings include: Line break number - determines the number of lin
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X Tick Chart
X Tick Chart
Artur Zas
The indicator combines the features of both the Tick charts and Volume Bar charts. The mode can be selected in the indicator's settings. Tick charts measure the number of transactions per bar. To give you an example if you have a 233 tick chart, each bar measures 233 transactions per bar and a new bar is plotted after 233 transactions. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). Volume bar charts are desi
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RangeBars offline chart generator
RangeBars offline chart generator
Artur Zas
Professional range bar charting on a custom symbol chart accurate pricing to the tick  accurate timeline (no future date projections) very responsive charts An Expert Advisor (EA) is used to create a RangeBar custom chart and provide real-time updates. It is an MT4 "offline" range bars chart equivalent. The simplicity of use - Attach the EA to any time-based chart that you wish to see Range Bars for, input your desired parameters and you are ready to go! You can attach any MT5 compatible indicat
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Renko chart generator
Renko chart generator
Artur Zas
Professional renko charting on a custom symbol chart accurate pricing to the tick  accurate timeline (no future date projections ) every renko variation in a single package very responsive charts optional display of live trade levels on the chart An Expert Advisor (EA) used to create custom Renko charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. All historical renkos are constructed using real tick data from the broker's server.
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Trade Tracker for Custom Symbols
Trade Tracker for Custom Symbols
Artur Zas
The Trade Tracker Library is used to automatically detect and display trade levels on custom charts. It is an especially useful add-on for EAs that trade on custom charts in MT5. With the use of this library, the EA users can see trades as they are placed via the EA (Entry, SL & TP levels) in real-time. The header file and two examples of EA skeleton files are attached in the comments section (first comment). The library will automatically detect the tradable symbol for the following custom
30 USD
Filter:
284954
236
284954 2021.06.24 05:35 
 

Olá, amigo! Já comprei o produto, ainda não usei. Meu intuito é mandar fazer um EA(Robô) com este indicador, não abri o indicador ainda, mas pelo que vi e li até agora vejo que é muito boa a configuração, mas não opero manualmente, apenas com robô, como faço para adquirir no formato em que que eu possa acionar os desenvolvedores(código fonte aberto). Voce dá conta de fazer o robô? Se sim, faria por quanto?

Artur Zas
22935
Reply from developer Artur Zas 2021.06.24 10:01
Please contact me via Private Message
igulinda
49
igulinda 2021.06.09 14:10 
 

excellent work, where can I find a user guide?

Artur Zas
22935
Reply from developer Artur Zas 2021.06.10 09:24
Thank you for your kind words. All of the basic features are explained in the video on the product page. Please send a private message to me if there is a particular topic of interest to you. I'll be happy to help.
Niklas Gruenbauer
357
Niklas Gruenbauer 2021.05.08 16:16 
 

Great indicator, combined with my EA strategy it works like a charm! So far, value for money is the best I have found!

Jptrading
170
Jptrading 2021.04.23 22:03 
 

AWESOME product , I double my account within 48 hours...I'm Impressed. One of the best out there.. But Waiting for Artur To update on MA1 & MA2 crossing notification cause its not working ..no update yet after a few days.. 24 hours later he helped and things are working great.100 stars

eliseexige
654
eliseexige 2020.09.23 16:18 
 

after multiple attempts during live markets, this is just like the rest of Artur's products. It will freeze, it will refresh the data and screw up custom indicators, and it will cost you because of it. I'd give this a 0 or negative star rating if it were possible. AVOID if you are a serious trader and need stability in fast markets, because you won't get it here. EDIT 2: Artur is working with me on all products to solve issues and I have adjusted the feedback accordingly.

gaswim
54
gaswim 2020.10.12 18:01 
 

Hello everyone I have bought median renko but I have some problem when I want to backtest with Mt5 backtester. Is there a solution. Please. Could someone help me.

189114nickynomates
471
189114nickynomates 2020.10.12 10:28 
 

This opens a whole new world to trading. I have brought many indicators and ea over the years the majority giving big promises but little in the way of results. Nothing comes close to this. Its a plug and play for the thinking trader. The Renko build is great and all you could ever ask for and the collection of indicators put together for help is just awesome. I very much hope i can run with a great ea i found that would be my dream. Keep up the great work Arhur look forward to many years of perfecting perfect trading.

Michael Edwards
34
Michael Edwards 2020.09.25 11:46 
 

User didn't leave any comment to the rating

waveriderj
19
waveriderj 2020.09.20 19:47 
 

5-star functionality

Paul Piper
23
Paul Piper 2020.07.20 06:46 
 

User didn't leave any comment to the rating

Jonathan Vodini
297
Jonathan Vodini 2020.06.30 19:43 
 

fantastic indicator, all you need in one, 5 stars!

Devonish
1762
Devonish 2019.09.04 20:43 
 

A quality tool and the developer was very helpful in resolving some minor issues I had.

StevenP
33
StevenP 2019.06.12 21:34 
 

This is a great indicator. So many options. Great developer

Traine
177
Traine 2019.02.11 01:48 
 

I am looking for the EA you made for this indicator.

Andre Gomes
1712
Andre Gomes 2019.01.04 22:56 
 

Very useful. I totally recommend it!

ALETRADEX
43
ALETRADEX 2018.09.29 18:54 
 

User didn't leave any comment to the rating

Michael Maggi
1472
Michael Maggi 2018.09.05 04:56 
 

This is a great indicator. I use it every day and have for a long time. Some of my trading strategies are outlined on my profile page with shared charts.

BMAT
22
BMAT 2018.08.20 15:19 
 

Trying to RE INSTALL it on a new computer and it wont work... THe only path to install is through the link (install on the plataform) but it wont work.

With the MT5 open I also go to Library - Purchased and it show the message (purchased but not dowloaded) and a button to INSTALL... It doesnt work! Please help. Thanks

Xavier507
40
Xavier507 2018.05.03 17:46 
 

Não consigo instalar o Renko, gostaria de ajuda. obrigado

wladimirwf
64
wladimirwf 2018.04.19 16:30 
 

Simplesmente NÃO CONSIGO instalar o indicador...ao tentar instalá-lo, aparece um "MedianRenkoOverlay_Trial" (versão TRIAL???) no Navegador, e ao arrastá-lo pra janela do gráfico, também não entra!!! Gostaria de uma solução pro meu problema!!!

AndreiDuke
31
AndreiDuke 2017.12.21 16:25 
 

Artur, thanks for the great indicator. I liked the communication with the author. Artur answered all my questions. Maybe this is the best Renko indicator and realy best Renko on Metatrader. Excellent work and thanks again!

kwlin_089
304
kwlin_089 2017.11.25 03:16 
 

Do not recommend to use automated! If you want to use it manually it will be useful

Artur Zas
22935
Reply from developer Artur Zas 2020.12.18 16:02
You can safely use this with an EA. A lot has changed since 2017. I have a few working EAs for this indicator on my GitHub page with the SDK for this indicator. https://github.com/9nix6/Median-and-Turbo-Renko-indicator-bundle
Carlos Giunti
487
Carlos Giunti 2017.08.24 22:54 
 

Great indicator, Amazing support from Artur Zas,

Very responsive. A+++++

Renat Safin
80
Renat Safin 2017.08.11 15:50 
 

A good implementation of the Renko, but without the histograms of tick and real volume it is not very practical.

Henrique Sameshima De Souza
163
Henrique Sameshima De Souza 2017.04.24 23:44 
 

Great indicator, the developer is very responsive.

Julio Monteiro
3433
Julio Monteiro 2017.04.24 22:52 
 

The developer is very responsive to feedback and has made many improvements in the short time.

Reply to review
Version 3.19 2021.07.23
Bug fixes and code maintenance release.
Version 3.17 2021.05.10
Added new dynamic renko body size algorithm ("percentage renko" as used on Definedge TradePoint);
Optimized indicator inputs;
Fixed compatibility with StereoTrader when "Shift objects with chart" is set to YES.
Version 3.16 2021.05.05
Fixed MA cross alert bug when the MAs used the shift parameter
Version 3.15 2021.04.23
Optimization and code cleanup;
Minor bug fixes.
Version 3.14 2021.04.13
Code maintenance and cleanup;
Indicator parameters grouped into logical blocks;
Added timeframe selection for ATR calculations;
Simplified Moving Average inputs (merged ON/OFF and drawing type into a single input).
Version 3.11 2020.10.12
Maintenance release
Version 3.10 2020.09.30
Fixed "Truncate trailing digits on the first renko" setting for situations where the offset is equal to the number of digits after the decimal point.
Version 3.9 2020.09.24
Added alerts for bearish or bullish only reversals;
Replaced and fixed the optional "First pip offset" by more intuitive "Truncate trailing digits on the first renko";
Fixed compatibility issues with the latest MT5 builds.
Version 3.8 2020.07.07
Fixed LWMA indicator bug
Removed "H1" timeframe restriction.
Version 3.7 2020.06.18
Price projections update bugfix.
Version 3.6 2020.06.16
Recompiled for better compatibility with the latest MT5 builds
Version 3.5 2020.03.26
Fixed alert handler
Version 3.4 2020.03.25
Memory usage optimization
Version 3.3 2020.03.22
Optimizations
Version 3.2 2020.03.18
FIxed ATR based renko size calculation
Version 3.1 2020.03.13
Code maintenance update
Version 3.0 2020.03.11
BREAKING CHANGES (full info in comments)!
======================================
Completely rewritten tick data engine (fixed all known and reported bugs found in the previous version)
Renko body size is now denoted in "ticks" for better compatibility with stocks, futures, and indices.
Added 4th MA
Added Linear regression to the available MA types
Added Keltner Channel to the available channel types
Added optional trading session timespan with optional gray out of the after-hours zone (useful for futures and stock traders)
Added more settings to the "Show pivot settings" dropdown
Added optional price labels for MAs and Channel lines
Alert setting inputs are now consolidated (from 6 to 2 variables)
Bar close projection colors are now taken from the candle colors (1 and 2).
Version 2.17 2019.09.05
Bugfix for last bar refresh problem found in previous version
Version 2.16 2019.09.03
Fixed "duplicate tick" processing problem on the extremely fast-moving charts.
Fixed problem with brokers having an incorrect symbol specification info.
Added various optimizations and improvements.
Version 2.15 2019.08.29
Fixed problem with "invisible renko bars" when backtesting with latest MT5 builds.
Version 2.14 2019.08.27
Bugfix (fixed incorrect tick volume calculation for some historical renko bars)
Version 2.13 2019.07.30
Changed "Bars size (in points)" input name to "Renko body size (in point)"
Changed "Renko body size (in point)" input field type from "integer" to "long"
Version 2.12 2019.05.24
Bugfix: fixed problem with certain settings resulting in a blank chart.
Version 2.11 2019.05.13
Bug fix: Fixed backtesting bug
Version 2.10 2019.04.24
Small enhancements & code cleanup
Version 2.9 2019.03.28
Added signal candle's close price to alerts;
Code cleanup.
Version 2.8 2018.12.15
Bug fix & maintenance update
Version 2.7 2018.12.12
Bug fixes
Version 2.6 2018.11.23
Maintenance release
Version 2.5 2018.06.29
Maintenance release - code optimization
Version 2.4 2018.05.17
Bug fix: Fixed backtesting bug.
Version 2.3 2018.05.17
Bug fixes.
Added: 2 MA cross alert (MA1 = fastMA, MA2 = slowMA)
Changed: Alert settings
Version 2.2 2018.02.27
Maintenance update
Version 2.1 2017.11.22
Maintenance release
Version 2.0 2017.11.09
Version 2.00 uses real tick data to build and update the charts.
Added: Real tick volume (with Buy/Sell breakdown) is presented where available
Added: First Renko offset setting
Added: Classic or Fibonacci pivot lines plus support (S1,S2,S3) & resistance (R1, R2, R3) levels
Added: Previous sessions High, Low and Close levels
Added: Third moving average
Added: Volume weighted moving average method (using tick volume or real volume)
Added: Optional ATR based bar size calculation
Added: Optional display as bar chart (useful when using with Heiken Ashi indicator)

All known bugs in version 1.47 have been fixed
Version 1.47 2017.06.06
Bug fixes
Version 1.46 2017.04.10
Added "shift" parameters to Moving Averages
Added "SuperTrend" channel indicator
Added support for adding external indicators (via API)

Version 1.45 2017.03.23
Changed: Data window is now displayed when holding CTRL + Left Mouse button
Added: Display of bar size / retracement setting info on chart
Added: Extra padding space on top & bottom of chart
Added: Possibility of changing bar colors for gap filling bars
Fixed: Price projections for certain Renko configurations
Version 1.44 2017.03.06
Added Bollinger Bands technical indicator
Added Renko Data Window (press and hold the left mouse button on a selected Renko bar)
Version 1.43 2017.02.24
Bug fix: Visual backtest now works correctly when indicator is used in an EA
Added new input: Indicator used in EA by iCustom() (true/false) (Prevents incorrect shifting of objects on chart when indicator used in an EA).
Version 1.42 2017.02.17
Added sending new bar/new reversal bar notifications to a smartphone via MetaTrader app.
Version 1.41 2016.07.27
Added: New "Show wicks" (true/false) option for enabling/disabling display of wicks on candles.
Changed: Code optimization.
Version 1.40 2016.07.13
Added two new chart types:
- PointO (Retracement = 1.00, Symmetrical reversals = FALSE)
- Renko with wicks (Retracement = 1.00, Symmetrical reversals = TRUE)

All custom chart types are now displayed as an overlay on the main chart, so you can use visual order placement and modification directly on the chart.
Version 1.30 2016.06.03
Added 2 moving averages and Donchian Channel technical indicators
Version 1.2 2016.05.26
Bug fix of "Buffer overrun" on indicator startup when starting MT5 after few days of inactivity.