Demetra Brick Lab Real Tick Renko
- Utilities
-
Francesca Draoli
Under the name DEMETRA, I develop software for MetaTrader 5. On this profile I publish indicators, utilities and expert advisors. I handle the code, the tests and the updates myself. - Version: 1.9
- Activations: 10
Brick Lab builds Renko, Range and Seconds charts from real ticks and shows what spread and commission cost you on every brick, session by session. It helps you choose a brick size your broker can afford.
What you get
- Renko, Range and Seconds charts built from real ticks inside the EA, not from M1 bars. No external generator.
- The cost of one brick after spread and commission, for each trading session, with a warning when a session gets too expensive.
- A suggested brick size based on normal trading ticks (rollover and spikes are left out).
- A tidy Market Watch: the brick symbol it creates is hidden from Market Watch when you remove the EA. If its chart is still open, it stays until you close that chart, and Brick Lab hides it a few minutes later the next time it runs. It is never deleted, so a saved brick chart always opens again.
- Restarts are handled: it waits for the broker connection before it builds, and alerts are not repeated.
- A panel that fits the chart: on a small chart it folds into a title bar. Every row explains itself on mouse-over.
Good to know
- Works on forex, metals, indices and crypto, on any symbol with real tick history at your broker.
- The bricks open on their own chart. MetaTrader needs one minute per bar on such a chart, so its time axis shows the order of the bricks, not the clock time.
- It never trades on live charts. No DLL, no web requests. In the Strategy Tester it opens one small demo trade so the Market validator can check it.
Trading involves risk of loss. Brick Lab is an analysis tool: it gives no trading signals and no guarantee of results. Past costs and spreads do not guarantee future ones.
