Renko Studio MT5

  • Utilities
  • Ranjeet Kumar
    Ranjeet Kumar

    Ranjeet Kumar

    Data & AI Engineer | Algorithmic Trader | MQL4/MQL5 Developer | Python & Machine Learning Enthusiast
    I am a passionate technology professional with 11+ years of experience in Data Engineering and Artificial Intelligence, along with 6+ years of experience in Algorithmic Trading and Financial Markets.
  • Version: 1.50
  • Activations: 10
Fast, non-repainting Renko charts for MetaTrader 5: Classic, Point-O, Mean, Range Bars and Tick Bars.
A closed brick never changes. The Renko chart is a real MT5 chart, so your indicators and drawings work on it. Auto brick size, live next-brick levels, and charts ready in seconds.

Overview

Renko Studio turns any MT5 symbol into clean, fast Renko charts built from your broker's real tick data. The Renko chart is a real MT5 chart, so your indicators, drawings and templates work on it, and everything is controlled from a modern panel on the chart.

1. Non-Repainting

  • A closed brick never changes. Not when you refresh, not after a restart, not when you reopen the terminal.
  • Built from real ticks. Every brick comes from your broker's tick data, not from M1 candles.
  • Same data, same bricks. The same ticks always produce exactly the same chart.
  • Your changes, your choice. The chart is only rebuilt when you change a setting yourself, such as the chart type or brick size.

2. Fast and Optimized

  • Opens in about a second. The chart window appears almost immediately; 3 days of history are ready in a few seconds.
  • Very light on memory. After loading, the EA uses only a few MB.
  • Smooth live updates. Bricks, the live bar and labels update without flicker.
  • Light on your terminal. Several Renko charts can run together with low CPU use.

3. Five Chart Types

  • Classic Renko: a new brick forms when price moves one brick size in the trend direction; a reversal needs two brick sizes. The standard Renko view.
  • Point-O Renko: reverses after a one-brick move, so it reacts faster to turns.
  • Mean Renko: each new brick starts from the middle of the previous one, giving a smoother trend view.
  • Range Bars: each bar closes when its high–low range reaches the set size, with real open, high, low and close.
  • Tick Bars: each bar closes after a set number of ticks, showing market activity.
  • Switch in one click. Choose the type from the panel; the same chart window rebuilds in place.

4. Brick Size

  • Auto size: calculated from the symbol's own daily volatility during its trading sessions. One Auto size per symbol, the same on every chart type.
  • Fixed size: type any brick size you like.
  • Size unit: show and enter the size in Points, Pips (forex pairs) or Price. Works correctly on 2-, 3-, 4- and 5-digit brokers.
  • Auto Size Refresh:
    • Daily: a new size at the start of each trading session; past bricks stay unchanged.
    • Daily + Rebuild: a new size at the start of each session, and the whole chart is rebuilt with it.
    • Never: keeps the size calculated when the chart was created.

5. Live View

  • Next Brick Levels: two labels show exactly where the next up brick and the next down brick will close.
  • Live bar: the forming brick is drawn clearly as price moves, with matching colours.
  • Live price line: follows the forming brick in real time.
  • Wicks: show or hide brick wicks with one click (Range and Tick bars always show real wicks).

6. Real Time Axis and Sessions

  • Real time axis: shows the real date and time of every brick, evenly spaced and easy to read.
  • Day separator: a clear line at the start of each trading day, with adjustable thickness.
  • Fill Session Gap: choose whether a price gap between sessions is filled with bricks or left as a visible gap.
  • Info line: shows the symbol and the open, high, low and close of the brick under your mouse.

7. Chart Control

Auto mode (default)

  • The chart keeps the latest bricks and the live bar centred between the panel and the time axis.
  • Bricks always look comfortable on screen: never too tall, never too flat.
  • Scroll back and forward in time freely; the vertical position adjusts by itself, smoothly.
  • The price scale can be stretched only within safe limits, so bricks never hide behind the panel or the time axis.

Manual mode

  • Click the Auto/Manual button to switch. The mode changes only when you click it.
  • Drag the chart freely in any direction: back, forward, up and down.
  • Stretch or shrink the price scale as much as you like.
  • If the live bar leaves the screen and you don't touch the chart for about 10 seconds, it glides back into view. Your zoom and scale stay as you set them.
  • Click Auto at any time to return to the centred view.

Zoom

  • Use the − and + buttons at the bottom-right corner to zoom out and in.
  • Or drag on the time axis to shrink or stretch the chart.
  • The zoom and Auto/Manual controls stay in the same place at every window size.

Refresh

  • One click resets the view: Auto mode, default zoom, latest bricks centred and space on the right for the next brick levels.
  • Refresh only resets the view. It never changes or reloads your bricks.

8. Control Panel and Settings Menu

Panel

  • Chart type, Auto/Fixed size, brick size with its unit, Wicks, the settings menu, status, New Chart and Refresh, in one compact toolbar.
  • No inputs to configure: attach the EA, click OK, and your chart is ready.

Settings menu

  • Next Brick Levels, Grid, Info Line, Day Separator and its thickness, Fill Session Gap, Size Unit, Auto Size Refresh, History, Tooltips and Reset to defaults, grouped in clear sections.
  • Tooltips: clear hover help for every control, which you can switch off.
  • Reset to defaults: brings every setting back to its default in one click.

History

  • Choose how many trading days to load: type the number or use − and +.
  • "3 days" means today plus the last 3 complete trading sessions. Weekends and holidays without data are not counted.
  • The chart reloads once with the new history, in the same window, keeping all your settings.
  • A per-symbol limit keeps loading fast. Above the recommended value, a note shows the expected first-load time; once loaded, the chart runs at full speed.

Status

  • A live status indicator (Live, Loading, Market closed and more) with a short explanation on hover.

9. Multiple Charts and Restore

New Chart

  • Click + New Chart on the panel to open another Renko chart of the same symbol.
  • Each chart has its own type, brick size and settings, for example Classic Renko on one and Range Bars on another.
  • New charts open with your last-used settings.
  • Charts are named XAUUSD_RS01, XAUUSD_RS02 and so on, numbered separately for each symbol.

Clean-up and restore

  • Closing a Renko chart removes its symbol and data automatically.
  • After restarting MT5, every chart comes back with the same settings and catches up with the latest prices.

10. Compatibility

  • Indicators, drawings and templates work on the Renko chart like on any MT5 chart.
  • Any symbol: forex, metals, indices and more, including broker suffixes such as .m or .pro.
  • Any broker digits: 2-, 3-, 4- and 5-digit symbols are handled correctly.

How to Use

  1. Open an M1 chart of your symbol (for example XAUUSD).
  2. Attach Renko Studio and click OK.
  3. A Renko chart opens with Classic Renko and Auto size. Change anything from the panel or the settings menu.

Important Notes

  • Removing the EA from the source chart closes its Renko charts.
  • Expert Advisors attached to a Renko chart do not receive ticks in this version, so they cannot run or trade from it. Indicators work normally.
  • The Renko time axis shows the real time. MT5's status bar and Data Window show an internal date.
  • Available history depends on your broker's tick data.

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Grid Manual is a trading panel for working with grid strategies. The utility is universal, has flexible settings and an intuitive interface. It works with a grid of orders not only in the direction of averaging losses, but also in the direction of increasing profits. The trader does not need to create and maintain a grid of orders, the utility will do it. It is enough to open an order and the "Grid manual" will automatically create a grid of orders for it and will accompany it until the close. F
Anchor Trade Manager
Kalinskie Gilliam
5 (8)
Utilities
Your EAs cannot see each other, but Anchor can. Anchor gives you one place to coordinate your EAs, manage risk, and decide when trading is allowed. It works alongside the trading bots you already use without any changes to them. The Problem One EA opens a trade. Then another starts trading. The next thing you know, you wake up to multiple grids built across your account. Each EA may be doing exactly what it was designed to do, but together they can place far more risk on your account than you in
Kontrol01 Manager
Andrei Koval
Utilities
EA Portfolio Control & Cloud Monitoring for MetaTrader 5 Your EAs manage trades. KONTROL_01 manages your EAs. A control system for traders running multiple Expert Advisors on the same account. Coordinate EA activity, manage trading risks and monitor your setup remotely. A detailed User Manual is available via DM after purchase. IN PRACTICE Multiple EAs. No coordination. Your EAs trade independently, unaware of each other's activity. KONTROL_01 coordinates them, limits simultaneous activity a
Telegram To MT5 Copier
Trinh Dat
4.96 (48)
Utilities
The product will copy all telegram signal to MT5 ( which you are member) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal,  s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to s
Astro Trade MT5
Indra Maulana
5 (8)
Utilities
25% discount on the release of the tool: only for the next 3 buyers Send a message to receive a demo version. AstroTrade Trading Assistant AstroTrade is a comprehensive multi-functional trading utility developed for the MetaTrader 5 platform. It integrates essential tools for trade execution, risk management, and technical monitoring into a single unified interface. The application is designed to assist traders in managing their daily operations through a visual and structured environment. Vi
Floor Watch
Syed Tauqeer Hussain Shah
Utilities
Floor Watch One number, watched every thirty seconds: how far equity has fallen since the day began — or since its highest point, if it's told to trail the peak instead of the open. Cross the line and it doesn't argue. Every open position closes, every pending order vanishes, and anything that slips through afterward gets shut the moment it appears. Not asked. Removed. The floor holds until the clock turns 5 AM Pakistan time — then, and only then, does the day start over. One rule. No except
Power Candles Scanner
Daniel Stein
5 (2)
Utilities
Power Candles Strategy Scanner - Self-Optimizing Multi-Symbol Setup Finder Self-optimizing settings work one chart at a time, and finding where they pay off right now means opening chart after chart. Power Candles Strategy Scanner runs the same self-optimizing engine as the Power Candles indicator on every symbol in your Market Watch, side by side. One panel ranks where it pays off: the winning strategy per symbol, its optimized Stop Loss and Take Profit. An alert fires the moment a fresh signal
Trader Evolution
Siarhei Vashchylka
5 (7)
Utilities
" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simplifies
Ultra Fast Copy Trading System
Shengzu Zhong
Utilities
MT5 Professional Copy Trading System Industrial Grade Ultra Fast Local Trade Copier for Serious Traders The MT5 Professional Copy Trading System is a powerful and ultra fast local trade copier built for serious traders, signal providers, account managers, and advanced multi terminal setups. If you need fast execution, stable synchronization, flexible lot control, and reliable long term performance, this system is designed for exactly that purpose. Unlike many basic retail trade copiers, this sol
Trade Manager DaneTrades
Levi Dane Benjamin
4.13 (31)
Utilities
DaneTrades Trade Manager is a professional trade panel for MetaTrader 5, designed for fast, accurate execution with built‑in risk control. Place market or pending orders directly from the chart while the panel automatically calculates position size from your chosen risk, helping you stay consistent and avoid emotional decision‑making. The Trade Manager is built for manual traders who want structure: clear risk/reward planning, automation for repeatable management, and safeguards that help reduc
Trade Manager DashPlus
Henry Lyubomir Wallace
4.85 (13)
Utilities
DashPlus is an advanced trade management tool designed to enhance your trading efficiency and effectiveness on the MetaTrader 5 platform. It offers a comprehensive suite of features, including risk calculation, order management, advanced grid systems, chart-based tools, and performance analytics. Key Features 1. Recovery Grid Implements an averaging and flexible grid system to manage trades during adverse market conditions. Allows for strategic entry and exit points to optimize trade recovery
EA Auditor
Stephen J Martret
5 (6)
Utilities
EA Auditor is an independent analysis tool for traders evaluating Expert Advisors and trading signals on MetaTrader 5. It audits backtest reports, reviews posted developer signals, and cross-verifies the two against each other to help traders assess strategies before committing capital. The MQL5 market offers a wide range of Expert Advisors from many developers, with varying approaches, quality, and transparency. EA Auditor provides a consistent, data-driven framework for reviewing them, answer
YuClusters
Yury Kulikov
4.93 (43)
Utilities
Attention: You can view the program operation in the free version  YuClusters DEMO .  YuClusters is a professional market analysis system. The trader has unique opportunities to analyze the flow of orders, trade volumes, price movements using various charts, profiles, indicators, and graphical objects. YuClusters operates on data based on Time&Sales or ticks information, depending on what is available in the quotes of a financial instrument. YuClusters allows you to build graphs by combining da
DrawDown Limiter
Haidar Lionel Haj Ali
5 (23)
Utilities
DrawDown Limiter v5.0 — Advanced Account Protection Controller DrawDown Limiter v5.0 is a client-side account protection controller designed to supervise your trading account and automatically react when configured risk, profit, news, schedule, rollover, or position limits are reached. It can monitor manual trades, automated strategies, multiple Expert Advisors, pending orders and floating positions from one dedicated chart. It can protect the complete account or be configured to supervise a spe
Discipline Tool
Raza Khan
Utilities
Master Your Trading Discipline   Stop losing your hard-earned gains to overtrading and emotional decisions. The Discipline Tool is your ultimate trading assistant, ensuring strict risk management in real-time. Key Protection Features: Advanced Drawdown Defense : Automatically halts trading if your daily drawdown exceeds a preset threshold (percentage or dollar amount). Real-Time Equity Lock : Safeguard profits by referencing peak equity, ensuring drawdown stays within control. Hard Profit Target
Dealer Panel
Mian Rameez Ali
Utilities
Dealer's Panel No signal decides anything here — a hand does. One click, and the panel calculates what's underneath: lot size from risk, target from a 30-step balance ladder that remembers exactly how far an account has climbed. Toggle between market and pending without touching an input field. Set a stop, and the take-profit can write itself — a fixed share of the balance, translated into price with no arithmetic left for the trader to get wrong. One trade live at a time; it won't let a seco
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