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MT5 Renko Chart

Are you addicted to the Renko chart? Yeah, me too! So I decided to develop this chart for the MT5, and here it is!
This EA generates perfect Renko chart, however, unlike MT4, you can not operate through it.
All indicators work perfectly.

  • Enable renko - enable the renko chart. This function exists to pass the bureaucratic test here of MQL5.
  • Type - renko in pips, ticks, points or R type.
  • Size - blocks size.
  • Show wicks - show or hide the wicks.
  • Brick open time - hide the gap.
  • Asymmetric reversal - (similar to swallow candle).
  • Watch market book - update in real time (heavy).

Obs. This Renko will not run on strategy tester because it generates custom chart, and this is not possible on demo mode.

Free Demo version: https://www.mql5.com/pt/market/product/41021

Any doubt or suggestions contact us!


FX_ Hedge
FX_ Hedge 2019.10.16 16:54 

FINALLY!!! A Renko chart where I can add my own bands and related indicators to the price charts!

Great job!

Quick question - any chance you may offer a "mean" or "adjustable offset" Renko for MT5 eventually?