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Gino Renko

1
Another renko-based indicator.

It returns different usable values ​​for an EA, and is directly displayed on the main chart.

Its setting is very simple:

  • The size of the renko
  • The number of bars taken into account
  • The falling color
  • The color on the rise
Returned values:

  • Buffer 0 : Value of the middle
  • Buffer 1 : Value of the Top
  • Buffer 2 : Value of the Bottom
  • Buffer 3 : Direction of renko (0.0 for top ; 1.0 for bottom)
  • Buffer 4 : Ratio of the renko, for example, if it is twice, 3 times, ro more of its normal size (4, 5, ...). 

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Christophe, Pa Trouillas
5 (1)
Identifique los rangos y los próximos movimientos probables  |  Obtenga las señales más tempranas y la fuerza de las Tendencias   |  Obtener salidas claras antes de reversión   |  Detecte los niveles de Fibo que el precio pondrá a prueba   |  Indicador no repintado y no retardado - ideal para la trading manual y automatizada - adecuado para todos los activos y todas las unidades temporales 69$   para el lanzamiento - luego de nuevo a >>   $ 149 Después de la compra,   póngase en contacto con mi
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
Otros productos de este autor
Gino Renko EA
Stephane, Andr Valette
Here is an EA based on the Renko indicator, it can be used with currencies, commodities, and forex. Just associate it with the corresponding graph. The indicator used for the EA is available here, but it is not necessary for its operation, they are 2 independent products: https://www.mql5.com/fr/market/product/87852?source=Site +Market+MT5+Indicator+Search+Rating006%3agino+renko Personally I don't like renko like EA, and I haven't done any tests to find out which configuration is the best.
Filtro:
M_Fleck
19
M_Fleck 2023.09.10 21:12 
 

The indicator does not work properly. The rectangles are sometimes drawn too early and not comprehensible. There are also problems reading the buffer values in an Expert Advisior. Unfortunately, it is not possible to contact the author, because he does not respond to messages. All in all, a disappointing experience.

Respuesta al comentario
Versión 1.6 2022.11.04
Correction translation
Versión 1.5 2022.10.26
Fix bug
Versión 1.4 2022.10.26
bug fix.
adding a buffer.