Visual Renko Signal indicator

Unlock the power of price action with the Visual Renko Signal Indicator. If you are tired of choppy charts and false signals, this indicator cuts through the market noise, providing you with clear and timely buy and sell signals based on pure price movement. For just 30$, you can transform your trading strategy.

The Logic Behind the Visual Renko Signal Indicator

This indicator is built upon the time-tested principles of Renko charts. Unlike traditional time-based charts that plot a new candle after a fixed time interval, Renko charts focus solely on price movement. A new "brick" is only drawn when the price moves a specific amount (the Renko Size) in one direction . This filters out insignificant price fluctuations and reveals the underlying trend with exceptional clarity.

Here is a detailed breakdown of its core logic:

  • Brick Construction: The indicator calculates Renko bricks based on your chosen settings. You can select between two modes for brick calculation:

    • Close Price ( rClose): A new brick is formed only when the closing price exceeds the previous brick's high or low by the predefined "Renko Size" .

    • High/Low Price ( rHighLow): A new brick is formed when the high or low price breaks the previous brick's level by the "Renko Size" . This mode can react more quickly to price swings.

  • Trend Identification: The direction of the Renko bricks determines the current trend. A sequence of blue upward bricks indicates a bullish trend, while a series of orange downward bricks signifies a bearish trend . The indicator constantly monitors this to keep you on the right side of the market.

  • Signal Generation: A buy or sell signal is generated at the start of a new trend.

    • A

      BUY signal appears when the trend shifts from bearish to bullish (a new blue brick forms after a series of orange ones) .

    • A

      SELL signal is triggered when the trend flips from bullish to bearish (a new orange brick forms after blue ones) .

  • Signal Filtering: To ensure the quality of the signals and prevent over-trading, the indicator includes a crucial "Bars to wait between signals" feature . This allows you to specify a minimum number of price bars that must pass before a new signal can be generated, giving the market time to confirm its new direction .

Key Features

  • Clean Visuals: Choose between displaying Renko as solid lines or classic bricks on your main chart . Customize the colors for up and down trends to match your preference .

  • Informative Dashboard: A sleek and modern visual panel keeps you informed at a glance . It displays the current status, live price, the current Renko level, the last signal generated (BUY/SELL), and the price at which the signal was triggered .

  • Fully Customizable: Tailor the indicator to your trading style. Adjust the Renko brick size, the calculation method, visual settings, and the signal frequency control .

  • User-Friendly: With straightforward input parameters, the Visual Renko Signal Indicator is easy to set up and use, regardless of your experience level.

Take your trading to the next level by focusing on what truly matters: price action. This indicator is your perfect companion for identifying strong trends and making confident trading decisions.

Ready to simplify your trading and improve your results?

Explore the Visual Renko Signal Indicator and discover a world of other powerful trading tools on my website. Visit my MQL5 seller page






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RelicusRoad Pro : Système d'Exploitation Quantitatif du Marché 70% DE RÉDUCTION ACCÈS À VIE (DURÉE LIMITÉE) - REJOIGNEZ 2 000+ TRADERS Pourquoi la plupart des traders échouent-ils même avec des indicateurs "parfaits" ? Parce qu'ils tradent des concepts isolés dans le vide. Un signal sans contexte est un pari. Pour gagner, il faut de la CONFLUENCE . RelicusRoad Pro est un Écosystème Quantitatif complet . Il cartographie la "Fair Value Road", distinguant le bruit des cassures structurelles. Arrête
Grabber System MT5
Ihor Otkydach
4.83 (23)
Je vous présente un excellent indicateur technique : Grabber, qui fonctionne comme une stratégie de trading "tout-en-un", prête à l'emploi. En un seul code sont intégrés des outils puissants d'analyse technique du marché, des signaux de trading (flèches), des fonctions d'alerte et des notifications push. Chaque acheteur de cet indicateur reçoit également gratuitement : L'utilitaire Grabber : pour la gestion automatique des ordres ouverts Un guide vidéo étape par étape : pour apprendre à installe
Trend Forecaster
Alexey Minkov
5 (7)
Trend Forecaster – Since 2023. The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time
Meridian Pro
Ottaviano De Cicco
5 (2)
Meridian Pro 2.00: Professional Multi-Timeframe Trend Matrix for MT5 Meridian Pro 2.00 is a professional adaptive trend matrix for MetaTrader 5. It combines the original Meridian trend engine, a clean chart ribbon, closed-bar signal arrows, an 8-timeframe dashboard, Fuel momentum, weighted consensus, synthetic HTF processing and chart-native higher-timeframe context lines. The goal is simple: read current trend, multi-timeframe structure, strength, momentum and EA-ready state from one discipline
Reversal Master for MT5 Reversal Master for MT5 is a non‑repainting reversal indicator for MetaTrader 5. It helps you detect potential market reversal points and shows the maximum favourable price movement after each historical signal, so you can better understand how price behaved after similar situations in the past. The MT5 version keeps the familiar reversal‑signal logic of the original Reversal Master for MT4, but adds improved visualisation, historical statistics and a points summary panel
Smart Stop Indicator – Précision intelligente du stop-loss directement sur votre graphique Présentation Smart Stop Indicator est la solution idéale pour les traders qui souhaitent placer leur stop-loss de manière claire et méthodique, sans deviner ni suivre leur intuition. Cet outil combine la logique classique de price action (succession de plus hauts et de plus bas) avec une reconnaissance moderne des cassures pour identifier le prochain niveau de stop réellement logique. Que le marché soit
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EMA CrossPro EA
AL MOOSAWI ABDULLAH JAFFER BAQER
5 (2)
Élevez votre trading au niveau supérieur avec EMA CrossPro EA, un Expert Advisor sophistiqué mais facile à utiliser, conçu pour maximiser les profits sur les marchés en tendance. Cet EA exploite la puissance des Moyennes Mobiles Exponentielles (EMA) pour détecter et capitaliser sur les fortes tendances du marché avec précision et efficacité. La logique derrière EMA CrossPro EA : Signal d'achat : L'EA initie une opération d'achat lorsque la EMA rapide croise la EMA lente vers le haut, signalant l
Happy and Steady
AL MOOSAWI ABDULLAH JAFFER BAQER
Happiness in Forex Means Winning! What if we made your winnings "Steady Winnings!" This will make you happier! (Forex is risky, you may loose all your capital) We implemented a safe and reliable strategy, that proved itself since 2010 until today! It passed COVID 19 fluctuations without any issues! The idea behind the expert to to be a super scalping expert, attacking few pips at a time. This happens while using big lot size, thus insuring handsome profit. Expert entries are very selective, w
Safe and Steady Profits Pro
AL MOOSAWI ABDULLAH JAFFER BAQER
Safety in Forex trading is the main concern of the traders! There is no use to trade today, and loose everything tomorrow! (Trading is risky, and there are no guarantees for winning)   Here comes the power of our expert! The idea behind it is safety to the investors fund, then comes the profit. Thus this expert wont be the expert that will double your account by xx fold. It will be the expert you can rely on for steady, hassle free profits. To do so, the targets pips are minimal to insure
Penny Collector EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Some users are very comfortable keeping their trades for ages, while other users are happy to get the least and leave :) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning)   Check our other products which will be added to the market soon.
Penny Collector Pro
AL MOOSAWI ABDULLAH JAFFER BAQER
5 (1)
Some users are very comfort 2 able keeping their trades for ages, while other users are happy to get the least and leave :) If you cannot wait on your trades, then this expert will be the best for you! The expert tries to enter trades on a high probability of success, and in most cases it do catch the right wave. If not , don't worry because the expert will deal with the situation by itself and will take the trades to profits! (Trading is risky, and there are no guarantees for winning) You
Drag Race Scalper
AL MOOSAWI ABDULLAH JAFFER BAQER
Scalping! What a thrill! Forex trading had been a source of income and thrill at the same time! (Forex is risky, you may loose all your capital) With our new Expert Advisor "Drag Race Scalper" , you will earn both. (Forex is risky, you may loose all your capital) We tried to use a safe, profitable, and fast formula and this is what we ended by! A drag racing scalper! (Forex is risky, you may loose all your capital) In this scalper you would expect few points per trade only. This expert is fo
Against The Surf EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Trading Forex has a million way! One of the innovative ways is to go against the surf! Here we fight the market and work out to get our bread and butter from it :) (Trading is risky, and you may loose!) From here began the idea! Fighting the market. The Expert uses a combination of : Hedging, Grid and trend strategies to operate. This operation allows it to arrive safely even if it worked against the surf! (Trading is risky, and you may loose!) Please find the 99.9% tick data back test res
Cent Collector
AL MOOSAWI ABDULLAH JAFFER BAQER
Cent Collector is the second Expert advisor of the "Collector" Series :) The first was Penny collector :  https://www.mql5.com/en/market/product/61215?source=Site +Profile+Seller And here is the second EA : Cent Collector Those Experts are designed for Scalpers who cannot wait for ages.. As soon as the Expert realizes the profit it cash out and leave. If things went wrong, the Expert will work on managing itself by averaging and will cash out as soon as it could. This version is called Cent
Yen Collector
AL MOOSAWI ABDULLAH JAFFER BAQER
Yen Collector is the Third Expert advisor of the "Collector" Series :) The first was Penny collector :  https://www.mql5.com/en/market/product/61215?source=Site +Profile+Seller The second one was Cent collector:  https://www.mql5.com/en/market/product/65344?source=Site +Profile+Seller And here is the third EA : Yen Collector Those Experts are designed for Scalpers who cannot wait for ages.. As soon as the Expert realizes the profit it cash out and leave. If things went wrong, the Expert will w
Super Hedge Fighter EA
AL MOOSAWI ABDULLAH JAFFER BAQER
5 (1)
**Très important : Veuillez ajuster le paramètre « Distance entre les ordres ». Réduisez-le pour obtenir de meilleurs résultats, idéalement entre 2 et 10.** Le trading sur le marché des changes (Forex) et dans des marchés volatils peut être très complexe et risqué. Presque toutes les stratégies ne fonctionneront pas à 100 % comme vous le souhaitez ! Avec notre nouvel expert-conseil « Super Hedge Fighter EA », vous verrez le marché sous un nouveau jour ! Vous n’aurez plus jamais peur de la vo
Market Master EA
AL MOOSAWI ABDULLAH JAFFER BAQER
2.5 (2)
Très important : Veuillez ajuster la « Distance entre les ordres »… Réduisez-la pour obtenir de bons résultats. L'augmenter rendra l'EA beaucoup plus sûr. Le trading sur le Forex a des millions de méthodes ! L'une des méthodes innovantes est de nager à contre-courant ! Ici, nous combattons le marché et travaillons pour obtenir notre pain et notre beurre :) (Le trading est risqué, et vous pouvez perdre !) C'est de là qu'est née l'idée ! Combattre le marché. L'Expert Advisor utilise une combinaiso
Magnet Scalper Pro
AL MOOSAWI ABDULLAH JAFFER BAQER
In this EA you will have two sources of income: 1- Direct trades 2- Rebates from your broker. Thus insure to register under an IB that shares with you their revenues Scalping! What a thrill! Forex trading had been a source of income and thrill at the same time! (Forex is risky, you may loose all your capital) With our new Expert Advisor "Magnet Scalper Pro" , you will earn both. (Forex is risky, you may loose all your capital) We tried to use a safe, profitable, and fast formula and this i
Speedy EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Trading using Experts are the best ways to win in Forex! Here are our second Expert Advisor, where you can Set and forget! Time frame: M1 All currency Pairs will work perfectly on the EA Account type: All (If hedging is not allowed, please disable either Sell or Buy) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning)   Check our other pro
Diamond EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Minimum deposit is 1000$ , or 1000 Cent = 10$. (Recommended 1500$) Every 1000$ = 0.01 Lot. Please stick to the rules, as we want you to win, win and win! (Trading is risky, and there are no guarantees for winning)                                         Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell
Impala EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Minimum deposit is 1000$ , or 1000 Cent = 10$. (Recommended 1500$) Every 1000$ = 0.01 Lot. Please stick to the rules, as we want you to win, win and win! (Trading is risky, and there are no guarantees for winning)                                         Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell f
EX Pro EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell from the setting) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning
Fox EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell from the setting) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning)
Good Mood Trading EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell from the setting) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning
Hope EA MT4
AL MOOSAWI ABDULLAH JAFFER BAQER
Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell from the setting) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning
Moderate EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell from the setting) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning
More Pro EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell from the setting) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning
Nu Pro EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell from the setting) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning
Shooting Star EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell from the setting) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning
Tiger EA MT4
AL MOOSAWI ABDULLAH JAFFER BAQER
Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell from the setting) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning
Treasure EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Time frame: M1                                                 Leverage : Higher the better Spread: Lower the better Account type : All types (EA may enter hedge positions, if you want to disable this feature deactivate either Buy, or Sell from the setting) Please please do not take unnecessary risks. (Trading is risky, and there are no guarantees for winning)   We wish you successful trading. (Trading is risky, and there are no guarantees for winning
LevelGuard Smart SMA EA
AL MOOSAWI ABDULLAH JAFFER BAQER
LevelGuard SmartSMA Master Support & Resistance Trading with Precision LevelGuard SmartSMA leverages the power of moving averages to help you trade confidently across markets. Designed to identify dynamic support and resistance levels, this EA delivers precise trade entries and exits, empowering traders to capitalize on market movements with ease. How It Works Core Strategy: Uses a central SMA (e.g., 50 or 200-period) as a dynamic support or resistance line. Additional SMAs (optional) provide s
Basic SMA Price Cross EA
AL MOOSAWI ABDULLAH JAFFER BAQER
Explore Our Full EA Collection Visit our website for an extensive range of expertly crafted Expert Advisors designed to empower traders of all levels. Whether you're new to trading or a seasoned professional, our tools are tailored to meet your needs. Affordable Trading for Everyone We believe in making trading accessible to everyone. That’s why all our Expert Advisors are priced at just $65 each, helping our community achieve success without breaking the bank. Unlock the Power of Automation Th
Lion’s Roar - Trend Strength Indicator Are you ready to take control of your trading journey? The Lion’s Roar - Trend Strength Indicator is here to help you identify and harness powerful market trends with precision and confidence. Designed with traders in mind, this advanced tool is built on a robust strategy that combines trend direction with momentum validation using the Average True Range (ATR). This indicator is not pre-optimized, giving YOU the freedom to tailor it to your unique trading
Visual Titan Force Indicator MT4
AL MOOSAWI ABDULLAH JAFFER BAQER
Unleash Market Volatility with the Titan Force Indicator! Are you ready to dominate the market by capitalizing on volatility? The Titan Force Indicator is your ultimate trading tool, designed for traders who thrive during periods of heightened market activity. Not Optimized for You – Yet! This indicator is a canvas for your creativity. It's been crafted to let you optimize it according to your unique trading strategies and preferences. Your skills, your edge! How Does the Titan Force Indicator
Visual Falcon Turn Indicator MT4
AL MOOSAWI ABDULLAH JAFFER BAQER
Introducing the Falcon Turn Indicator Designed for customization and optimization, this indicator empowers traders to adapt it to their unique strategies. Why Choose the Falcon Turn Indicator? The Falcon Turn Indicator leverages the power of the Parabolic SAR strategy to highlight potential buy and sell opportunities with precision and clarity. It is perfect for trend-following enthusiasts and those who value flexibility in fine-tuning their trading tools. Key Features: Parabolic SAR-Based Sign
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