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Renko Engulfing Indicator

1

The Renko (and Mean Renko) Engulfing Bar Indicator is a versatile trading indicator that plots Buy/Sell arrows and gives potential trade ideas including buy entry and stop loss levels. The indicator is designed to work on offline renko charts as well as Mean or Median Renko charts.

It is recommended to use this indicator on a minimum of 20Pips fixed renko box or more. The indicator does not repaint. It prints the arrows after the bar close. The indicator's buy/sell arrows can be a powerful way to trade when combined with moving averages or stochastics oscillators and/or support/resistance levels.

Renko Engulfing Bar Indicator Settings:

  • Count Bars: Default (4) - This is the minimum bar count in the previous trend. Recommended values are between 3 - 7
  • Show History: True/False (If set to true, it shows past signals)
  • Show Comment: True/False (If set to true, shows the Buy and Stop loss values)
  • AlertsOn: True/False (Enable pop up alerts)
  • Play Sound: True/False
  • Show Popup: True/False (Enables pop up alerts on your MT4)
  • Email: True/False (Enable to get email sent. You will have to configure your MT4 SMTP to use this feature)
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Elmira Memish
4.37 (35)
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
Trend Arrow Super
Aleksandr Makarov
5 (1)
Trend Arrow Super The indicator not repaint or change its data. A professional, yet very easy to use Forex system. The indicator gives accurate BUY\SELL signals. Trend Arrow Super is very easy to use, you just need to attach it to the chart and follow simple trading recommendations. Buy signal: Arrow + Histogram in green color, enter immediately on the market to buy. Sell signal: Arrow + Histogram of red color, enter immediately on the market to sell. Please email me after your purchase!
Scalper gun
Mikhail Nazarenko
4.5 (2)
Scalper gun   - the main weapon for trade in scalping and swing, with visualization and alert of entry points. The indicator works in both trend and non-trend market conditions. Suitable for beginners and experienced traders. SCALPER GUN surpasses popular top indicators of this site in speed, quality of visualization and accuracy of entry !!! Before buying, download the Scalper gun demo and compare it with similar indicators for scalping in the MT4 tester. Features This is a complete trading s
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Moving Average Dashboard Bars ago is a unique multi currency, multi time frame dashboard. The dashboard is very simple. You select two moving averages, the instruments and timeframes The Moving Average Dashboard Bars ago then shows how how many bars ago the moving averages made a bullish or bearish crossover. It also shows you in real time when there is a bullish or a bearish crossover. The indicator plots in a subwindow. The Moving Average Dashboard Bars ago can be beneficial if you are trading
FREE
Moving Average Dashboard Pro is an improved and advanced indicator of the free version "Moving Average Crossover Bars ago Dashboard" The moving average dashboard pro gives you a dashboard view of bullish and bearish moving average crossovers. For example, if there was a bullish moving average crossover 5 sessions ago, then you would see 5 bars ago . This indicates that there was a bullish crossover 5 sessions ago. This indicator is useful if you want to catch the trend early on when using moving
Multi-timeframe Parabolic SAR dashboard allows you to add and monitor PSAR trends. The multi-timeframe Parabolic SAR dashboard will save you a lot of time and gives you a single view of the markets using PSAR. In short, you can just view one window and get a snapshot of up to 21 instruments on your MT4 platform. The indicator opens in a sub-window. Below are the features of the PSAR Dashboard Indicator Modify PSAR Settings: The PSAR Dashboard comes with default PSAR settings of 0.02 (Step) and 0
Filtrer:
Vincent Paul Colombe
683
Vincent Paul Colombe 2021.10.13 10:45 
 

L'utilisateur n'a laissé aucun commentaire sur la note

granplebe89
86
granplebe89 2020.08.19 21:28 
 

This indicator does not refresh when you refresh your profiles. Where the arrow was when you last saw this chart is where it will be even after new candles print.

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Version 2.0 2021.11.20
Compiled with the latest build