Renko Chart Custom

"Renko Chart Custom"

This Expert Advisor creates a custom offline Renko chart in real time with high precision and stability. Perfect for traders looking for a clean market view, eliminating noise and focusing on the true price direction.

Main Features
6 Advanced Brick Size Methods

"Fixed" — Fixed size in points
"ATR M1" — Based on ATR from the M1 timeframe
"ATR Daily" — Daily ATR divided by a divisor (great for real daily volatility)
"% of Price" — Percentage of the current price (ideal for XAUUSD, indices, and high-value assets)
"Historical Volatility" — Historical volatility based on standard deviation of log returns
"Pips" — Fixed size in pips (compatible with any broker)

3 Renko Styles (Main Difference)

"Traditional" — Classic wickless Renko. Uniform and very clean blocks. Ideal for traders who prefer clear trend and support/resistance reading.
"Classic" — Renko with wicks and 2-brick reversal. Follows the traditional Renko concept, showing price rejection through wicks.
"Asymmetric" — Renko with wicks and only 1-brick reversal. More sensitive and responsive to direction changes. Excellent for scalping, day trading, and swing trading.

"Anti-Repaint Persistence" — Keeps the chart exactly the same even after restarting MT5
"Preserve Last Bars" — Preserves the latest candles during Refresh/Rebuild
"Auto Rebuild" — Automatic rebuild when a new candle is formed on the selected timeframe
"Full Trade Visualization" — Displays open orders, Stop Loss, Take Profit, pending orders, BID, and ASK directly on the Renko chart
"Real-Time Info Label" — Shows brick size, method, style, direction, and current brick progress

Input Parameters

"=== BRICK SIZE METHOD ==="
"Brick size method" — Brick size calculation method
"Fixed: brick size in points" — Fixed size in points
"ATR M1 / HV: period" — ATR / HV period
"ATR Daily: divisor (ATR/divisor)" — Daily ATR divisor
"% of Price: percentage (0.1 = 0.1%)" — Percentage of the current price
"Pips: number of pips per brick" — Number of pips per brick
"Days of history (0 = live only)" — Number of historical days to load

"=== RENKO STYLE ==="

"Renko style" — Renko style (Traditional / Classic / Asymmetric)

Other Parameters
"Use Anti-Repaint Persistence" — Enable/disable anti-repaint persistence
"Full bars to keep EQUAL on Refresh" — Number of bars preserved during refresh
"Auto Rebuild Enabled" — Enable automatic rebuild
"Rebuild Timeframe" — Timeframe used for Auto Rebuild
"Show brick info" — Enable Renko information label

Usage Tips

If the chart takes too long to load with a large amount of history, temporarily disable "Use Anti-Repaint Persistence", load the chart, and enable it again afterward.
The Renko chart is generated as a custom symbol (ends with "_Renko").
Works with any instrument: Forex, Gold, Indices, Cryptocurrencies, Stocks, etc.

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