Renko subwindow

Overview

Renko SubWindow plots a Renko brick chart as colored candles inside a separate indicator window, without affecting the main chart. Brick size can be fixed in points or calculated dynamically from ATR for adaptive volatility-based bricks.

How it works

  1. Reconstructs Renko bricks from closing prices of the current symbol/timeframe history.
  2. Each brick forms once price moves beyond the defined brick size from the last brick's close.
  3. Bricks are rendered as colored candles: bullish (up) and bearish (down) colors are distinct.
  4. Recalculates only on new bar formation or timeframe/history change, keeping the chart light and stable.

Inputs

  • Renko_BrickPoints: fixed brick size in points; set to 0 to use ATR instead
  • Renko_ATR_Period: ATR period used when BrickPoints is 0
  • Renko_MaxBricks: maximum number of bricks displayed in the window

Recommended setup

Works on any symbol and timeframe. For Forex majors, a brick size of 50-150 points is a reasonable starting point; for Gold/Silver or indices, prefer ATR mode to adapt to volatility.

Screenshots

Live example on chart with default settings, plus a screenshot of the input panel.

Disclaimer

This indicator is a visual/analysis tool only and does not place trades. Past performance shown in screenshots is not indicative of future results. Test on demo before any live use.


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Profit from market structure changes as price reverses and pulls back. The Market Reversal Alerts indicator identifies when a trend or extended price move is approaching exhaustion, alerts you the moment market structure shifts, and confirms the entry when price re-tests the reversal zone, so you trade defined areas instead of guesses. How it works As price forms new highs or lows near potential exhaustion points, the indicator identifies the breakout and momentum, then draws a rectangle on the
Quant Direction MT5
Georgios Kalomoiropoulos
Indicators
Quant Direction is a 3 dimensional market analysis tool. It provides a purely objective, algorithmic view of the market by calculating exact percentage-based biases across multiple dimensions simultaneously. Developed utilizing advanced AI modeling tools and subjected to thorough testing, this algorithm is engineered to read the market with unique precision. It can analyze any currency pair or financial instrument available on your platform.  Quant Direction is the ideal tool whether you are a S
Btmm state engine pro
Garry James Goodchild
5 (4)
Indicators
BTMM State Engine Pro is a MetaTrader 5 indicator for traders who use the Beat The Market Maker approach: Asian session context, kill zone timing, level progression, peak formation detection, and a multi-pair scanner from a single chart. It combines cycle state logic with a built-in scanner dashboard so you do not need the same tool on many charts at once. What it does Draws the Asian session range; session times can follow broker server offset or be set in inputs. Tracks level progression (L
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