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KT Renko Live Charts MT5

30 USD

Demo downloaded: 900

Published: 17 December 2020

Current version: 1.1

KT Renko Live Charts MT5

Utilities
KEENBASE SOFTWARE SOLUTIONS
Version: 1.1
Activations: 5

KT Renko Live Chart utility creates the Renko charts on MT5 that can be further used for speculation or live trading. The Renko chart created by this utility supports most of the custom indicators and automated Expert Advisors.

Fully compatible with our Renko Patterns indicator and Renko Patterns EA.

Features

A simple and straightforward Renko utility that provides the Renko chart on MT5 without any complicated settings.
It supports most of the custom indicators and Expert Advisors for 100% automated trading.
Ability to backtest on Renko chart using the strategy tester.
Renko wicks can be turned on/off.

Input Parameters

Renko Box Size in Pips: Insert the Renko Box/Brick size in pips that will be used to create the Renko chart.
Show Wicks: Turn the Renko wicks on or off.

Troubleshooting

Q. The Renko chart is not getting any new ticks.

A. Close the parent and offline chart both. Restart the Metatrader, and generate the chart again.

Q. The generated chart seems incomplete and distorted.
A. Please make sure the parent chart has enough historical data available according to the chosen brick/box size.

Q. Why trading positions are not visible on the Renko chart?
A. MT5 handles the Renko chart as a separate symbol. You can use the custom indicator or EA on it without any issue, but the trading positions will be visible only on the original chart.

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Use of support and resistance in systematic trading is very subjective. Every trader has their own idea and way to plotting the support and resistance levels on the chart. KT Support and Resistance indicator take out this ambiguity out of the situation and automatically draws support and resistance levels following an algorithmic approach using a unique multi-timeframe analysis. When launched on the chart, It immediately scan the most significant extreme points across all the available timefra

45 USD

Divergence is one of the vital signals that depicts the upcoming price reversal in the market. KT Stoch Divergence shows the regular and hidden divergences build between the price and stochastic oscillator. Limitations of KT Stoch Divergence Using the Stochastic divergence as a standalone entry signal can be risky. Every divergence can't be interpreted as a strong reversal signal. For better results, try to combine it with price action and trend direction. Features Marks regular and hidden di

30 USD

The ACB Trade Filter indicator provides a solution for filtering out the low probability trading setups in a trading strategy. The indicator uses a sophisticated filtration algorithm based on the market sentiment and trend. Applications Works great with our indicator " ACB Breakout Arrows ". Filter out low probability signals from any indicator. Avoid overtrading and minimize the losses. Trade in the direction of market sentiment and trend. Avoid the choppiness in the market. How to use Only L

60 USD

KT COG is an advanced implementation of the center of gravity indicator presented by John F. Ehlers in the May 2002 edition of Technical Analysis of Stocks & Commodities magazine. It's a leading indicator which can be used to identify the potential reversal points with the minimum lag. The COG oscillator catches the price swings quite effectively. MT5 version of the same indicator is available here KT COG Advanced MT5 Calculation of COG The COG indicator is consist of the two lines. The main l

30 USD

KT Pin Bar identifies the pin bar formation which is a type of price action pattern which depicts a sign of reversal or rejection of the trend. When combined with support and resistance, BRN and other significant levels, Pin Bar pattern proved to be a very strong sign of reversal. Basically, a pin bar is characterized by a small body relative to the bar length which is closed either in upper or lower 50% part of its length. They have very large wicks and small candle body. A pin bar candlestic

30 USD

KT Trend Magic shows the trend depiction on chart using the combination of market momentum and volatility. A smoothing coefficient is used to smooth out the noise from the signal.It can be used to find out the new entries or confirm the trades produced by other EA/Indicators. Usage Drag n drop MTF scanner which scans for the new signals across multiple time-frames. Find new entries in the trend direction. Improve the accuracy of other indicators when used in conjunction. Can be used as a dynami

30 USD

KT Auto Fibo draws Fibonacci retracement levels based on the ongoing trend direction. The Highs and Lows are automatically selected using the Maximum and Minimum points available on the chart. You can zoom in/out and scroll to adjust the Fibonacci levels accordingly. Modes Auto: It draws the Fibonacci levels automatically based on the chart area. Manual: It draws the Fibonacci levels only one time. After that, you can change the anchor points manually. Usage: Helps to predict the future profi

30 USD

KT Psar Arrows plots the arrows on chart using the standard Parabolic SAR indicator. A bullish arrow is plotted when the candle's high touch the SAR. A bearish arrow is plotted when the candle's low touch the SAR. The signals are generated in the real-time without waiting for the bar close. Features A beneficial tool for traders who want to experiment with the trading strategies that include the use of Parabolic Sar indicator. Can be used to find turning points in the market. Use custom PSAR

30 USD

KT Ichimoku Trader is a fully automated expert advisor that offers five popular trading strategies based on the Ichimoku indicator. Each strategy has it's own entry and exit method without any interference to other strategies. The Ichimoku system can be applied to all major currency pairs and metals. However, we found that it performs reasonably well mainly on two pairs. MT5 Version is available here https://www.mql5.com/en/market/product/35043 Features Trade up to 5 famous trading strategi

90 USD

KT Volatility oscillator analyze the past and current market data with a mathematical formula to display the result in a form of an oscillator. The growing and deteriorating waves are equivalent to high and low volatility in the asset. In a nutshell, volatility is simply a measurement of the price fluctuation of an asset over a certain period of time. Without volatility, there would not much movement in the market and traders would not be able to profit from the price movements. Use of Volatil

30 USD

KT COG Robot is a fully automated Expert Advisor based on the KT COG Indicator . The COG indicator was originally presented by John F. Ehlers in the May 2002 edition of Technical Analysis of Stocks & Commodities magazine. The EA fires a long trade when COG line cross above the signal line and a short trade is fired when the COG line cross below the signal line. Adaptive Filtration Our adaptive filtration algorithm combines the original COG formula with the major trend direction and market acce

30 USD

KT Asian Breakout carefully analyzes the range-bound market during the Asian session and then fires a long or short trade after doing some preassessment based on its inbuilt technical analysis module. The executed orders are closed within a day before the completion of the next day session. The inbuilt technical analysis module checks for the session range and compares it with the last 20 days price movement. If it finds any erratic price movement within the session, the orders are not executed

140 USD

First thirty minutes are essential for a trading session. The early reaction of traders and market players sets a path for the rest of the day. KT London Breakout EA takes advantage of this phenomenon, and after analyzing the first thirty minutes of London session, it places two bidirectional pending orders. One of pending order is eventually canceled after realizing the market direction with certainty. It has been strictly tested and developed for EUR/JPY using 30-Min Time Frame. You can expe

90 USD

45 USD

If you trade Forex, having detailed information about the currency strength and currency pairs correlation can take your trading to new heights. The correlation will help to cut your risk in half, and strength analysis will help to maximize the profits. This indicator provides a hybrid approach for selecting the most appropriate currency pairs using the strength analysis and currency pairs correlation. How to use the Currency Strength Analysis Suppose your trading strategy provides a buying opp

90 USD

KT MACD Divergence Seeker trades the regular and hidden divergence signals generated by our free indicator named KT MACD Divergence indicator. Trading the standalone divergences can be a risky affair that's why the KT MACD Divergence Seeker combines the standard divergence signals with an advanced analysis module to exploit the price inefficiencies on some FX pairs. What is the Divergence exactly? As a general conception if the price is making higher highs, then macd should also be making hig

90 USD

KT MACD Divergence shows the regular and hidden divergences build between the price and oscillator. If your trading strategy anticipates the trend reversal, you can include the MACD regular divergence to speculate the potential turning points. And if your trading strategy based on the trend continuation, MACD hidden divergence would be a good fit. Limitations of KT MACD Divergence Using the macd divergence as a standalone entry signal can be a risky affair. Every divergence can't be interprete

30 USD

90 USD

KT CCI Divergence shows the regular and hidden divergence created between the price and CCI oscillator. Divergence is one of the vital signals that depicts the upcoming price reversal in the market. Manually spotting the divergence between price and CCI can be a hectic and ambiguous task. Limitations of KT CCI Divergence Using the CCI divergence as a standalone entry signal can be risky. Every divergence can't be interpreted as a strong reversal signal. For better results, try to combine it w

30 USD

KT MA Crossover draws the buy and sell arrows based on the crossover of chosen moving averages. Moreover, it also generates the appropriate alerts and displays the MFE (Most Favorable Excursion) for each successive signal. The moving average crossover is one of the primary strategies followed by traders around the world. Usually, it consists of a fast and slow moving average to find a buy and sell entry signal according to the crossover direction. Buy signal - when fast MA crosses above the slo

30 USD

KT Round Numbers plots the round number levels which are also commonly known as psychological levels in the Forex world. In the context of Forex trading, round number levels are those levels in which there are two or more zeroes at the end. They are named as 00 levels on the chart. Some traders also consider the halfway points as a valid round number level. They are named as 50 levels on the chart. Use of round number levels in trading Round number levels work as strong support and resistance

30 USD

Filter:

Phs Francis 2024.10.11 00:34 #

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Reply from developer Nitin Raj 2024.10.11 12:37 #

Dear Phs Francis, Thank you for your feedback. I truly appreciate you bringing this to my attention. I’m sorry to hear that your experience with the product has been frustrating. To clarify, EAs can indeed work on custom Renko charts, but you are correct in pointing out a key detail—manual input of the symbol name is required in the EA settings. By default, many EAs try to fetch the symbol from the chart window, which may display names like EURUSD_10_PIPS(Renko chart) that don’t exist on your broker's server. This is where manually inputting the correct symbol name becomes crucial. I completely understand that this should have been better explained in the product description, and I apologize for the oversight. I’ll make sure this information is communicated moving forward, and I’d be happy to assist you personally in setting it up if needed. Your satisfaction is important to me, and I’m committed to making sure the product works as expected for you. Best regards,
Nitin

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sunnychow 2024.04.23 15:42 #

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Osama Echchakery 2023.11.28 19:01 #

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Manea Marian 2022.09.20 10:58 #

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popendekl 2022.02.23 13:55 #

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S JENKINS 2022.01.27 01:37 #

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4xtrader2009 2021.09.24 22:30 #

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Vanderocha 2021.08.02 20:40 #

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scottonamission 2021.06.26 22:53 #

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Reply from developer Nitin Raj 2021.07.20 17:41 #

That is not a bug. MT5 considers the Renko chart as a separate custom symbol. That's why one-click trading doesn't work, and trade levels don't show up on the Renko chart.

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Evgeny Belyaev 2021.06.14 00:16 #

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Reply from developer Nitin Raj 2021.06.16 10:31 #

Thanks, Evgeny :)

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Dener Jose De Souza 2021.05.14 18:07 #

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