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EA Renko Generator

FREE

Published: 22 March 2026

Current version: 3.1

EA Renko Generator

Name: EA Renko Generator
Author: Thiago Lopes

Utilities
Thiago Lopes
Thiago Lopes
Brazil

1687
Hello! I'm Caicai, a developer and trader focused on creating high-performance Expert Advisors (EAs) for MetaTrader 5. My expertise lies in transforming complex trading logic into 100% automated systems using MQL5 and Pine Script.
Core Competencies:

12 topics 22 comments
Version: 3.1
Updated: 24 March 2026

- EA Renko Generator – Caicai Trader

The EA Renko Generator is a MetaTrader 5 utility designed to create Renko charts from real-time price data. This Expert Advisor builds bricks based on price variation rather than time, offering a cleaner, noise-free alternative for market visualization.

- Requirements

The EA must be running on a M1 (1-minute) chart.
The asset must be receiving active ticks (market open or available data).

- How It Works

The EA continuously monitors the asset's price flow and generates an offline custom symbol containing Renko data. Bricks are formed according to the user-defined size and can optionally include wicks (shadows).

- Main Features

Real-time Renko chart generation.
Configurable brick size (ticks, points, or pips).
Wick support (shadows).
Option to display brick formation time.
Configurable asymmetrical reversal.
Updates via Tick, Timer, or Market Book.
Automatic creation of custom symbols.

- How to Use

Open an M1 chart for your desired asset.
Attach the EA to the chart.
Configure brick size and other parameters.
Wait for the custom symbol to be created.
Open the new custom symbol chart to attach indicators or EAs for trading.

- Caicai Trader Ecosystem Integration

This EA is fully compatible with other Caicai Trader products that use Renko charts as a data source. It can also be used alongside other Expert Advisors that trade based on Renko-formatted custom symbols.

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Caicai QuantCopier Pro: The Ultimate Analysis & Signal Copier Ecosystem The Caicai QuantCopier Pro is not just an ultra-fast local trade copier; it is a full-fledged quantitative intelligence dashboard designed for systematic traders and portfolio managers. It bridges deep statistical analysis of multiple Expert Advisors (EAs) with a near-zero latency transmission/reception engine. If you run dozens of EAs or grid strategies and need to separate what actually profits from what destroys your acco

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Marcelo 2026.06.27 10:55 #

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Reply from developer Thiago Lopes 2026.06.29 13:32 #

20 ticks pra BTC é extremamente pequeno. Não sei exatamente o tamanho do tijolo que está querendo usar. Mas btc deve ser algo como 20000