Renko bars builder

4.2

The indicator builds a Renko chart in the sub window for the current symbol. The bars are formed from live data and the desired bar size can be set in the inputs tab.

Most importantly, because the Renko chart only uses price to construct bars and ignores time, the indicator can be applied to any time frame and same results can be achieved.

Recommended usage

As Renko charts are famous for eliminating noise so traders can use this tool to see clear picture of the trend to help their analysis, entries & exits. 

Parameters

  • Bar length in points
  • Bullish bar color
  • Bearish bar color
  • Bar width
Reviews 8
Francisco Rayol
8265
Francisco Rayol 2023.10.11 19:44 
 

Great indicator!

zofesu
350
zofesu 2023.04.04 22:35 
 

Excellent plugin for removing noise, it's a bit of a shame that after turning off MT4 and turning it on again, the data disappears and I have to wait for the new current data to be loaded. I haven't found any better option yet, that's why 5 stars

Wojciech
146
Wojciech 2021.10.29 08:02 
 

You did a really great job. Perfect indicator, easy to install, works flawlessly. Thank you.

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Algorithmic Signals indicator   is not an indicator but a strategy that generates entry/exit signals. The entry arrows are formed after multiple conditions are met. The indicator is using an   Adaptive Algorithm   which automatically adjust to the symbol and time frame (see the screenshots below) . Signals can be used for scalping or even trend trading. Main features:- Non repainting signals Entry signals Exit signals Alert for price reaching 1 x ATR(14) (could be utilized for initial take prof
Stochastic force is an advanced version of the stochastic oscillator. Instead of using the regular price a more efficient price data is provided as an input for the oscillator which takes into account the price efficiency, volume and market noise. Also price is pre-filtered with the selected average type and then post-filtered by a hull moving average which provides a smooth transition of the oscillator. It eliminates maximum false signals and has the potential to become an integral part of any
This is the new version of the Algorithmic signals featuring a new algorithm. It is a blend of technical and candlestick analysis. Candlestick analysis are often ignored while creating technical strategies but this version has a feature to include that and make confirmations more strong.  Usage:- Traders can use the signals for buying and selling assets or even blend their own favorite indicators with it.
TDI Signals generates buy and sell arrows based on a TDI(Traders Dynamic Index) algorithm. It looks for price breakouts, continuations and reversals. By default it runs in the trend mode but user is provided with the option to change that to reversal mode. Trader can use the mode which compliments his/her trading style.  Usage:-   TDI Signals can be used as a stand alone indicator with context or even be added to strategies to make confirmations more strong. Volatility based stop loss, take pro
RSI Levels
Navdeep Singh
RSI Levels generates buy and sell arrows based on RSI analysis. Signals are based on extreme levels breakouts and can be further filtered by a volatility metric. Trader can use the mode which compliments his/her trading style.  Features:- Parameters for signal optimization and alerts. Usage:-   RSI Levels can be used as a stand alone indicator with context or even be added to strategies to make confirmations more strong. Volatility based stop loss, take profit & position sizing can be very helpf
The indicator helps the trader in identifying potential liquidity levels. The algorithm used in this indicator checks the behavior of the asset taking into account the price levels, momentum and volume analysis. Features:- Parameters for signal optimization and alerts. Usage:- The levels formed by the indicator can be helpful to traders in identifying potential entries, breakouts or reversals. it can assist traders of technical trading background or even pure price action trading. Examples of
Step force index is a modified version of the famous force index indicator. As the name suggests it incorporates a step feature to filter the force index values thus eliminating small fluctuations in the indicator. It also utilizes the smooth algorithm library thereby providing multiple smoothing options for the index values. This personal implementation makes it a more easy to use and a reliable tool. Main features A wide range of parameters for signals optimization Alerts, emails and push noti
CMA dashboard is designed to help traders in identifying trend on multiple timeframes and symbols. It displays a clear state of the overall trend at one place without the need to navigate between different charts and timeframes. This saves time and makes decision making process fast so that potential opportunities are not missed. It is based on Corrected moving averages available here Features Parameters for signal optimization Inputs for multiple timeframes and symbols  Usage Higher timeframe
IBB Candles is a tool that is based on the concept of Inverse Bollinger Bands. It compares price relative to state of the bands and plots candles with different colors defining the current state of the market i.e range | trend | strong trend. As the name suggests IBB(Inverse Bollinger Bands) is a technique which is completely different from the traditional Bollinger Bands and proves to be much more effective in analyzing market. This personal implementation makes this tool a more reliable option
Horizontal volume bars, Cluster analysis, Volume profile Volume in Range gets information about the accumulated volume in a specified vertical range and period in bars. The received data is then plotted on the chart as rectangular boxes with the volume quantity inside. Usage:- The tool acts as a support resistance levels but most importantly it should be used to check in which direction the price breaks out of the significant levels formed by this indicator and then actions to be taken on correc
This utility is specifically designed for No Nonsense Forex traders. What it does:- Let traders add or remove symbols to trade Editable boxes in panel for updating inputs Automatically applies money management to the trades Places all orders with a single click  How it calculates:- Two trades are opened per symbol By default max risk per trade is 1% By default total risk is 6% which can changed in inputs tab(recommended to keep it 6 or below)  On addition of symbols the total risk will be divide
Price breakouts, Levels, Multi-time frame Inside bars checks for price failure to break from the previous high/low and on breakout draws a breakout box on the chart. The choice of breakout price is given to the user i.e. close or high/low of bar. Alerts can be received on breakouts. Features:- Multi-time frame Alerts, notifications & emails Usage:- Breakout signals Check how price action is evolving with the help of boxes Get multi-time frame bias
Market Fractal Analysis, Fractal Swing, Market Flow Fractal Cycles looks for Similar Patterns in the Market that repeat themselves because of the Market Fractal Nature. These patterns are displayed with help of Graphical Objects and Alerts can be received on their arrival. Read the Blog for full information. Features:- Auto Detection of Patterns Customization for Color and Line Styles Alerts, Emails & Push Notifications 
50+ Candlestick Patterns, Simulated Trading Results, Top Five Performers Candle Analysis extends Candlesticks Pattern Analysis by not only identifying Patterns but also recording the Past Performance of the Patterns. What it Does:- Identifies and plots results on chart Displays Top Patterns for both Bullish and Bearish type.  Log can be printed in experts tab to see Simulated Trading results Displays All or Selected Patterns Alerts on Pattern formation More detailed information in Blog
Stochastic force is an advanced version of the stochastic oscillator. Instead of using the regular price a more efficient price data is provided as an input for the oscillator which takes into account the price efficiency, volume and market noise. Also price is pre-filtered with the selected average type and then post-filtered by a hull moving average which provides a smooth transition of the oscillator. It eliminates maximum false signals and has the potential to become an integral part of any
The indicator helps the trader in identifying potential liquidity levels. The algorithm used in this indicator checks the behavior of the asset taking into account the price levels, momentum and volume analysis. Features:- Parameters for signal optimization and alerts. Usage:- The levels formed by the indicator can be helpful to traders in identifying potential entries, breakouts or reversals. it can assist traders of technical trading background or even pure price action trading.
IBB Candles is a tool that is based on the concept of Inverse Bollinger Bands. It compares price relative to state of the bands and plots candles with different colors defining the current state of the market i.e range | trend | strong trend. As the name suggests IBB(Inverse Bollinger Bands) is a technique which is completely different from the traditional Bollinger Bands and proves to be much more effective in analyzing market. This personal implementation makes this tool a more reliable optio
Horizontal volume bars, Cluster analysis, Volume profile Volume in Range gets information about the accumulated volume in a specified vertical range and period in bars. The received data is then plotted on the chart as rectangular boxes with the volume quantity inside. Usage:- The tool acts as a support resistance levels but most importantly it should be used to check in which direction the price breaks out of the significant levels formed by this indicator and then actions to be taken on correc
Market structures, Market balance, Range breakouts This tools helps to identify areas of market ranges, structures and plots colored boxes on breakout of those areas. User is given the option to receive alerts and notifications on the formation of the blocks. The tool has the ability to become an essential part of a technical trading system or even pure price action trading. Usage:- An essential tool for price action or technical traders.  More information in the blog
Market Fractal Analysis, Fractal Swing, Market Flow Fractal Cycles looks for Similar Patterns in the Market that repeat themselves because of the Market Fractal Nature. These patterns are displayed with help of Graphical Objects and Alerts can be received on their arrival. Read the   Blog   for full information. Features:- Auto Detection of Patterns Customization for Color and Line Styles Alerts, Emails & Push Notifications
50+ Candlestick Patterns, Simulated Trading Results, Top Five Performers Candle Analysis extends Candlesticks Pattern Analysis by not only identifying Patterns but also recording the Past Performance of the Patterns. What it Does:- Identifies and plots results on chart Displays Top Patterns for both Bullish and Bearish type.  Log can be printed in experts tab to see Simulated Trading results Displays All or Selected Patterns Alerts on Pattern formation More detailed information in   Blog
The indicator is designed to detect range market or consolidation areas on the chart. It does this by using the market volatility and price momentum. The indicator signals the start and stop of the range with icons on the chart and various  type of alerts options provided in the input settings. Usage: The indicator can be used to check the state of the market i.e. trending or ranging to make appropriate decision and use strategies designed for specific market state. Please see the attached video
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Print2D
89
Print2D 2025.03.20 20:40 
 

Terrible. I don't have bars.

Navdeep Singh
42225
Reply from developer Navdeep Singh 2025.03.21 02:55
You should have read the description before downloading this free indicator "The bars are formed from live data and the desired bar size can be set in the inputs tab." It clearly states that bar are from "live data" when "input bar size" is formed
Francisco Rayol
8265
Francisco Rayol 2023.10.11 19:44 
 

Great indicator!

zofesu
350
zofesu 2023.04.04 22:35 
 

Excellent plugin for removing noise, it's a bit of a shame that after turning off MT4 and turning it on again, the data disappears and I have to wait for the new current data to be loaded. I haven't found any better option yet, that's why 5 stars

Navdeep Singh
42225
Reply from developer Navdeep Singh 2023.04.08 07:08
MT4 doesn't store tick data so the indicator resets whenever it is reinitialized due to any reason. There are some possible ways to store data and avoid that is some cases, if got time will see what can be done in future.
thaibreaker535
39
thaibreaker535 2022.06.24 05:16 
 

Terrible indicator, constantly freezes my computer.

Navdeep Singh
42225
Reply from developer Navdeep Singh 2022.06.24 05:47
Are you sure it is this indicator that freezes your PC.
John Winsome Munar
3471
John Winsome Munar 2022.06.14 14:38 
 

User didn't leave any comment to the rating

Wojciech
146
Wojciech 2021.10.29 08:02 
 

You did a really great job. Perfect indicator, easy to install, works flawlessly. Thank you.

marek1952
207
marek1952 2021.08.20 08:31 
 

super indicaror for scalping

lywer
179
lywer 2021.08.15 19:16 
 

very good indicator.but it does not work.i can see dhe indicator sometimes only for a very short period of time.most of the time i see only the vertical lines.

Navdeep Singh
42225
Reply from developer Navdeep Singh 2021.08.16 17:54
How is it very good and doesn't work at the same time. Please explain.
Share a screenshot if possible so i can rectify it.
Edit:- Try the new version. Display issue fixed.
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