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Renko chart generator

Professional renko charting on a custom symbol chart

  • accurate pricing to the tick 
  • accurate timeline (no future date projections)
  • every renko variation in a single package
  • very responsive charts


An Expert Advisor (EA) used to create custom Renko charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. All historical renkos are constructed using real tick data from the broker's server.

You can attach any MT5 compatible indicator or template to the renko chart and perform your technical analysis.

The EA enables creating custom live charts resembling Median Renko, Mean Renko, Turbo Renko, and Better Renko candles as well as Vanilla Renko and Renko with wicks, PointO charts and many more.

A free demo version can be downloaded from https://www.mql5.com/en/market/product/30300


The settings include

  • Bars size (in points) - Defines the size of the candle body (value denoted in points).
  • Presets (sets 3 values below): Presets for creating several commonly utilized charting types: Renko / Median Renko / PointO / Turbo Renko / Hybrid Renko
  • Open offset % (0 to ..) - offsets the new trending bar's open value back by % or the defined candle body size (see screenshot)
  • Reversal Open offset % (0 to ..) - offsets the new reversal bar's open value back by % or the defined candle body size (see screenshot)
  • Reversal bar size % (0 to ..) - sets the size of the reversal bar as a  % or the defined candle body size (see screenshot)
  • Show wicks (yes/no) - Candlewick visibility setting.
  • ATR based bar size calculation (yes/no) - Automatic calculation of the candle body size defined by the reading of the ATR indicator calculation on the daily chart.
  • ATR period (1 to...) - ATR indicator's period setting.
  • Use a percentage of daily ATR (1 to 100) - The percentage of the calculated value to use.
  • Show history for a number of days (0 to...)
  • Apply offset to first Renko (yes/no) - Setting used to synchronize the open of the first renko candle based on the offset parameter (below)
  • Offset value (0 to 100)
  • Synchronize first bar's open on a new day (yes/no) - Synchronize the first candle's open price with the open price of the daily candle.
  • Override default custom chart name with (chart name)
  • Apply template to custom chart - (the user-defined template that will be applied to the renko chart. If you have a "default" template saved, this will be applied by default).

Reviews 3
John Estrada
69
John Estrada 2020.11.17 13:31 
 

Works as described with great support from dev

Henrique Sameshima De Souza
165
Henrique Sameshima De Souza 2020.03.16 20:56 
 

It works very well, great JOB.

eliseexige
392
eliseexige 2020.09.23 16:18 
 

after multiple attempts during live markets, this is just like the rest of Artur's products. It will freeze, it will refresh the data and screw up custom indicators, and it will cost you because of it. I'd give this a 0 or negative star rating if it were possible. AVOID if you are a serious trader and need stability in fast markets, because you won't get it here. EDIT 2: Artur is working with me on all products to solve issues and I have adjusted the feedback accordingly.

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Cryptocurrency analysis has never been easier with Crypto Charts for MetaTrader 5. Just pick up a chart from bitcoin to exotic coins, choose your desired time frame and attach all your favorites indicators from thousands ones available at MQL5. Chart from Binance Futures,   Poloniex ,  Bitfinex ,  Binance ,  BitMEX ,  Bittrex ,   BitMEX Testnet exchanges! Make better analysis, make better tradings! Do you want to auto trade on BitMEX exchange? Please take a look at BitMEX Trading API Crypto Char
65 USD
Symbols Changer MT5
Fabrizio Malavasi
This is an essential tool. You can  compare  forex pairs, indices, metals, securities as stocks and bonds with the same chart setup.  The  Time Frames Changer  and the   Symbol Changer  can work togheter or independently of each other. You can use the  buttons   or the   keys of the keyboard   to switch  forward  or  backward  the  lists . You can also decide to  shut down  all the  buttons  and use only the keyboard . In this case, if needed, it can be turned on a label that show the current
46 USD
Infinity Trade Utility TL
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐ Buy this EA gives you the right to get the second EA for free:     https://www.mql5.com/en/blogs/post/740436 Only 10 copies for $125 (next price --> $149  --> $199) The Utility for managing orders in manual/semi-automatic/automatic modes by INFINITY TrendLine PRO indicator signals RECOMMENDATION Symbols     Any pairs: FX, Metals, Coins, CFD, Index Timeframe     M5-D1 Minimum deposit         1 00 usd  Promo of Month Buy One --> Get One FREE (Conditions here:  https://www.m
125 USD
Fibonacci Patterns Scout MT5
WaltSoft
The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns , also called Harmonic Patterns , and displays the results in a clear table. Clicking on a Pair-Time Frame combination will open the relevant chart and displays the pattern(s) which you then can trade manually. Unlike similar software, the WSFP SCOUT will detect Patterns in their very early stage . As soon as a patterns' C-point has formed it will detect and display this Emerging Pattern. Such an early warning is priceles
299 USD
Binance MT5
Hadil Mutaqin SE
Binance MT5 is a tool for Charting & Trading Bitcoin and Altcoin on Binance Spot Market from MT5 platform. Parameters Symbol = symbol name HistoryData = start time to download history data API Key = your binance api key Secret Key = your binance secret key Custom Symbol = to set manual symbol name * You should allow WebRequest from Tools menu >> Options >> Expert Advisors and add URL: https://api.binance.com/ * This tool cannot be run in the  Strategy Tester. * For automatic trading (EA) you
250 USD
Quantum frequency
Sergey Pavlov
Quantum frequency The indicator calculates the quantum frequencies using the current market data. The quantum frequencies are used in Spectrum analysis of automated trading systems to create quantum filters for selecting signals, i.e. skipping trades that are likely to be unprofitable. How It Works It analyses the trade results of automated trading system for each frequency (512 frequencies are used). Calculation of the frequency response to search for "profitable" and "unprofitable" frequenci
850 USD
ActivePanel
Andrej Nikitin
Panel for simplify trade operations. It contains tabs: InfoRisk   - helps to estimate the current risks of open positions and orders; StopToProfit - allows to change the Stop Loss and Take Profit levels; Traling - Trailing Stop of the opened position; PositionClosing - Closure of several positions; OrdersDeleting - Removes a group of pending orders; PositionAdding - Used to add (open) to the opened position.
78 USD
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Tick chart generator
Artur Zas
A utility used to create custom Tick charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. You can attach any MT5 compatible indicator or template to the tick chart and perform your technical analysis. Tick charts measure the number of transactions per bar. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The generator uses tick data to plot the historical
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Line Break chart generator
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RangeBars offline chart generator
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Professional range bar charting on a custom symbol chart accurate pricing to the tick  accurate timeline (no future date projections) very responsive charts An Expert Advisor (EA) is used to create a RangeBar custom chart and provide real-time updates. It is an MT4 "offline" range bars chart equivalent. The simplicity of use - Attach the EA to any time-based chart that you wish to see Range Bars for, input your desired parameters and you are ready to go! You can attach any MT5 compatible indicat
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Ultimate Renko
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Ultimate Renko is a full implementation of a robust Renko style charting solution for MetaTrader 4. It enables creating custom live charts resembling Median Renko , Mean Renko , Turbo Renko , and Better Renko candles as well as Vanilla Renko and Renko with wicks , PointO charts and many more. This all in one package provides all of the signals needed by day traders, scalpers and even long-term traders. You can apply all of the standard and custom indicators and technical studies as well as templ
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Range Bars
Artur Zas
The robust charting solution that enables creating custom live range bar charts on the MetaTrader 4 trading platform. You can apply all of the standard and custom indicators and technical studies directly to the range bar charts and you can run EAs directly on these charts as well* (for details see text below the input summary). To create a range bar chart you need to attach the Range Bar indicator to a standard time frame (1 minute is recommended) and use the indicator's settings to generate a
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Range Bars Charting
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Range Bars for MetaTrader 5 is a unique tool for conducting technical analysis directly on the charts, as the indicator is an overlay on the main chart and range bars are calculated using real tick data. The trader can place and modify orders directly on the range bar chart (even with the use of one-click trading). Apart from range candles, the indicator also includes the most commonly used technical studies which are 3 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weight
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Median and Turbo renko indicator bundle
Artur Zas
Robust median Renko style indicator for creating custom charts resembling Median Renko, Mean Renko, Turbo Renko and Better Renko candles as well as vanilla Renko with wicks plus Point-O charts. This all in one package provides all of the signals needed by day traders, scalpers, and even long-term traders. Main characteristics The indicator is an overlay on the main chart so it is possible to utilize one-click trading and order manipulation directly on the custom charts. Visual order placement
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X Tick Chart
Artur Zas
Tick charts measure the number of transactions per bar. To give you an example if you have a 233 tick chart, each bar measures 233 transactions per bar and a new bar is plotted after 233 transactions. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The indicator uses tick data to plot the historical tick chart for a particular setting and real ticks for plotting live charts. This method of calculation gives ve
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Countdown timer for Tick and Volume charts
Artur Zas
A countdown timer for the  Volume bar chart generator  and  Tick chart generator  products, which are available for download from the MQL5 Market: Tick chart generator: https://www.mql5.com/en/market/product/29215 Volume bar chart generator: https://www.mql5.com/en/market/product/47197 The counter conveniently displays the number of ticks or transactions (depending on the chart) that need to pass for a new bar to start printing. The user can set the following indicator inputs. Volume type
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Renko chart generator DEMO
Artur Zas
A DEMO version of an Expert Advisor (EA) used to create custom Renko charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. You can attach any MT5 compatible indicator or template to the renko chart and perform your technical analysis. This demo version is restricted to fixed settings of 200 point Renkos with wicks and an initial offset of "00" with the ATR based bars size calculation disabled. Daily synchronization feature is disabled and th
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Tick chart generator DEMO
Artur Zas
DEMO version of Utility used to create custom Tick charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. You can attach any MT5 compatible indicator or template to the tick chart and perform your technical analysis. Tick charts measure a number of transactions per bar. You can choose any number of ticks per bar but the DEMO version is restricted to 900 tick bars only (showing only 7 days of history). The generator uses tick data to plot the
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RangeBars offline chart generator DEMO
Artur Zas
A free DEMO version of an Expert Advisor (EA) used to create a RangeBar custom chart and provide real-time updates. It is an MT4 "offline" range bars chart equivalent. This demo version is restricted to fixed settings of 180 point RangeBars with the ATR based bars size calculation disabled. Daily synchronization feature is enabled and the demo is set to only show the last 7 days of history. The simplicity of use - Attach the EA to any time-based chart that you wish to see Range Bars for, input y
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Choppy Market Index indicator
Artur Zas
CMI - Profiting from trending and ranging markets. The CMI indicator is a two-part system used to trigger both trend and counter-trend trades, that has been introduced by Daniel Fernandez in an article published in Currency Trading Magazine (August 2011 issue). It is a simple, yet effective indicator, which gauges whether the market has behaved in a choppy (non-directional) manner or trending (directional) manner. CMI calculates the difference between the most recent bar's close and the close n
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Scalper Signal Indicator
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Scalper Signal indicator for MetaTrader 4 is a visual way to help determine whether to buy or sell against a pivot level (it does not repaint). The painted bars mark a "pivot high" or "pivot low". This is done after 3 higher closes or 3 lower closes. Red arrows above the bar mark a continuing downtrend confirmation while the Green arrows below the bar mark a continuing uptrend confirmation. The faster the timeframe, the faster the confirmation, because the indicator measures price action when yo
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Extreme Volume Indicator
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The extreme volume indicator helps identify turning points in the market by pinpointing spots of higher than average volume. Such points usually indicate the start of a trend or a turning point in the market. The indicator averages out volume readings over an extended period of time and calculates a volume threshold level. When this level is breached, it identifies the most likely trend direction using the trend of the candle that breached the volume threshold. The direction indicator (red or gr
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Trend Scalper Candles
Artur Zas
The trend scalper candles are used to identify short-term trends based on the readings of the MACD, RSI and ATR indicators. All indicator calculations are visualized by candle colors which are overlapped on the chart. The indicator uses gray , green and red colors to paint individual candles, which gives you a lot of useful and easy to read information. Gray candles Gray candles indicate a range bound period and the information can be used to trade breakouts. Simply mark the high and low of th
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Line break chart PRO
Artur Zas
A professional line break chart which is displayed directly in the chart window thus making it possible to trade directly from the MetaTrader 5 charts. The line break chart can be displayed as the most widely used 3 line break chart or a custom variation such as 2 or 5 line break chart . Wicks can be displayed or hidden on the chart - they give a lot of additional information regarding the underlying price action. The indicator's settings include: Line break number - determines the number of lin
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Trading panel with risk management
Artur Zas
Robust trading panel for use on any symbol (including RangeBars or Renko custom symbols). The tool can be placed anywhere on the chart and offers the following array of features: One-click instant order entry. Pending order entry using horizontal lines on the chart Pending order entry using keys in Entry price (E/P) and optional Stop Loss (S/L) and/or Take Profit (T/P) A choice between fixed trading volume or risk-based volume calculation based on the available account equity, entry price, and t
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Volume bar chart
Artur Zas
A volume-based chart designed for use with exchange-traded instruments only (futures, stocks, etc.). Real volume data is needed for the chart to display. If no real volume data is present the chart will fallback to a "tick volume" bar chart. Tick volume mode can also be set using the indicator's settings. Real trade volume is used to calculate both live and historical bars. A new bar is formed only after a user-defined number of contracts are traded, aka volume! For example, on a 4000 volume
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Volume bar chart generator
Artur Zas
A utility for creating volume bar charts with real-time updates. This is an MT4 "offline" chart equivalent, which is very simple to use. You can attach any MT5 compatible indicator or template to the tick chart and perform your technical analysis using various objects like trend lines. A volume-based chart mainly designed for use with exchange-traded instruments  (futures, stocks, etc.). Real volume data is needed for the volume chart to display. If no "real volume" data is present, the generat
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Seconds timeframe chart
Artur Zas
Create and trade timeframes in seconds. The bar time duration is freely adjustable from 1 second and up. The chart is accurately constructed using real ticks from the broker's server. Main characteristics The indicator is an overlay on the main chart, making it possible to utilize one-click trading and on-chart order manipulation. History calculated using real tick data. Built-in technical studies: 4 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weighted using tick or rea
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Filter:
Henrique Sameshima De Souza
165
Henrique Sameshima De Souza 2020.03.16 20:56 
 

It works very well, great JOB.

John Estrada
69
John Estrada 2020.11.17 13:31 
 

Works as described with great support from dev

eliseexige
392
eliseexige 2020.09.23 16:18 
 

after multiple attempts during live markets, this is just like the rest of Artur's products. It will freeze, it will refresh the data and screw up custom indicators, and it will cost you because of it. I'd give this a 0 or negative star rating if it were possible. AVOID if you are a serious trader and need stability in fast markets, because you won't get it here. EDIT 2: Artur is working with me on all products to solve issues and I have adjusted the feedback accordingly.

Reply to review
Version 2.3 2020.06.30
Added input for toggling ON/OFF faster chart refresh parameter;
Added option for building a renko chart for backtesting purposes only.
Version 2.2 2020.06.16
Recompiled for better compatibility with the latest MT5 builds
Version 2.1 2020.03.17
Fixed missing bars on rapid price spikes
Chart refresh rate improvement on extremely fast-moving charts (very small renko boxes).
Version 2.0 2020.03.10
Renko body size is now denoted in "ticks"
Updated the tick data engine
Changed time resolution to "seconds" (improves timescale resolution)
Numerous bug fixes
Version 1.23 2019.06.05
Fixed compatibility issue with the latest MT5 build
Version 1.22 2019.04.23
Bug fix + stability improvements
Version 1.21 2019.04.11
Bug fix and code cleanup
Version 1.20 2019.04.05
Bug fix + optimization
Version 1.19 2019.04.04
Reverted back to v1.16/1.17 due to bug in 1.18
Version 1.18 2019.03.27
Bug fixes and code maintenance
Version 1.17 2018.12.19
Bug fix & maintenance update
Version 1.16 2018.12.13
Added: Presets for the most common chart types (Renko, Median Renko, PointO, etc…)
Breaking change: Retracement factor & Symmetry toggle settings have been replaced with:
Open offset % (0 to ..)
Reversal Open offset % (0 to ..)
Reversal bar size % (0 to ..)
Version 1.15 2018.11.22
Maintenance release
Version 1.12 2018.07.09
Added "Apply template to custom chart" setting
Bug fixes
Version 1.11 2018.06.28
Bugfix: Fixed problem with BM&FBovespa
Version 1.10 2018.05.24
Added option to override the default custom chart name with a user-defined value