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Indicateurs

GDS Renko Canvas + Donchian - indicateur pour MetaTrader 5

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GDS Renko Canvas + Donchian

The horizontal axis represents Renko sequence rather than time. The internal builder uses incoming BID ticks and the classic two-brick reversal rule. The Donchian Channel is causal: for each newly completed brick, the channel is calculated from the previous N completed Renko bricks only. The current brick is excluded from its own channel calculation.


Inputs:
- Brick Size — fixed Renko brick size in price units.
- Donchian Period — number of previous completed Renko bricks used for the channel.

Features:
- classic fixed-size Renko built internally from ticks;
- one CCanvas bitmap layer instead of hundreds of chart objects;
- square Renko bricks;
- stepped upper/lower Donchian boundaries plus channel midpoint;
- no offline chart;
- no custom symbol;
- no DLL;
- no external indicator dependency.

This is an educational visualization example, not a trading system or a recommendation to trade Donchian breakouts.

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A compact educational indicator for MetaTrader 5 that renders classic fixed-size Renko bricks on a single CCanvas bitmap layer and overlays Bollinger Bands calculated directly from completed Renko closes. The horizontal axis represents Renko sequence rather than time. The internal Renko builder uses incoming BID ticks and the classic two-brick reversal rule. Bollinger Bands are calculated only from completed Renko bricks; the forming brick is never used in the band calculation.

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