Renko Studio MT5

  • Utilitaires
  • Ranjeet Kumar
    Ranjeet Kumar

    Ranjeet Kumar

    Data & AI Engineer | Algorithmic Trader | MQL4/MQL5 Developer | Python & Machine Learning Enthusiast
    I am a passionate technology professional with 11+ years of experience in Data Engineering and Artificial Intelligence, along with 6+ years of experience in Algorithmic Trading and Financial Markets.
  • Version: 1.50
  • Activations: 10
Fast, non-repainting Renko charts for MetaTrader 5: Classic, Point-O, Mean, Range Bars and Tick Bars.
A closed brick never changes. The Renko chart is a real MT5 chart, so your indicators and drawings work on it. Auto brick size, live next-brick levels, and charts ready in seconds.

Overview

Renko Studio turns any MT5 symbol into clean, fast Renko charts built from your broker's real tick data. The Renko chart is a real MT5 chart, so your indicators, drawings and templates work on it, and everything is controlled from a modern panel on the chart.

1. Non-Repainting

  • A closed brick never changes. Not when you refresh, not after a restart, not when you reopen the terminal.
  • Built from real ticks. Every brick comes from your broker's tick data, not from M1 candles.
  • Same data, same bricks. The same ticks always produce exactly the same chart.
  • Your changes, your choice. The chart is only rebuilt when you change a setting yourself, such as the chart type or brick size.

2. Fast and Optimized

  • Opens in about a second. The chart window appears almost immediately; 3 days of history are ready in a few seconds.
  • Very light on memory. After loading, the EA uses only a few MB.
  • Smooth live updates. Bricks, the live bar and labels update without flicker.
  • Light on your terminal. Several Renko charts can run together with low CPU use.

3. Five Chart Types

  • Classic Renko: a new brick forms when price moves one brick size in the trend direction; a reversal needs two brick sizes. The standard Renko view.
  • Point-O Renko: reverses after a one-brick move, so it reacts faster to turns.
  • Mean Renko: each new brick starts from the middle of the previous one, giving a smoother trend view.
  • Range Bars: each bar closes when its high–low range reaches the set size, with real open, high, low and close.
  • Tick Bars: each bar closes after a set number of ticks, showing market activity.
  • Switch in one click. Choose the type from the panel; the same chart window rebuilds in place.

4. Brick Size

  • Auto size: calculated from the symbol's own daily volatility during its trading sessions. One Auto size per symbol, the same on every chart type.
  • Fixed size: type any brick size you like.
  • Size unit: show and enter the size in Points, Pips (forex pairs) or Price. Works correctly on 2-, 3-, 4- and 5-digit brokers.
  • Auto Size Refresh:
    • Daily: a new size at the start of each trading session; past bricks stay unchanged.
    • Daily + Rebuild: a new size at the start of each session, and the whole chart is rebuilt with it.
    • Never: keeps the size calculated when the chart was created.

5. Live View

  • Next Brick Levels: two labels show exactly where the next up brick and the next down brick will close.
  • Live bar: the forming brick is drawn clearly as price moves, with matching colours.
  • Live price line: follows the forming brick in real time.
  • Wicks: show or hide brick wicks with one click (Range and Tick bars always show real wicks).

6. Real Time Axis and Sessions

  • Real time axis: shows the real date and time of every brick, evenly spaced and easy to read.
  • Day separator: a clear line at the start of each trading day, with adjustable thickness.
  • Fill Session Gap: choose whether a price gap between sessions is filled with bricks or left as a visible gap.
  • Info line: shows the symbol and the open, high, low and close of the brick under your mouse.

7. Chart Control

Auto mode (default)

  • The chart keeps the latest bricks and the live bar centred between the panel and the time axis.
  • Bricks always look comfortable on screen: never too tall, never too flat.
  • Scroll back and forward in time freely; the vertical position adjusts by itself, smoothly.
  • The price scale can be stretched only within safe limits, so bricks never hide behind the panel or the time axis.

Manual mode

  • Click the Auto/Manual button to switch. The mode changes only when you click it.
  • Drag the chart freely in any direction: back, forward, up and down.
  • Stretch or shrink the price scale as much as you like.
  • If the live bar leaves the screen and you don't touch the chart for about 10 seconds, it glides back into view. Your zoom and scale stay as you set them.
  • Click Auto at any time to return to the centred view.

Zoom

  • Use the − and + buttons at the bottom-right corner to zoom out and in.
  • Or drag on the time axis to shrink or stretch the chart.
  • The zoom and Auto/Manual controls stay in the same place at every window size.

Refresh

  • One click resets the view: Auto mode, default zoom, latest bricks centred and space on the right for the next brick levels.
  • Refresh only resets the view. It never changes or reloads your bricks.

8. Control Panel and Settings Menu

Panel

  • Chart type, Auto/Fixed size, brick size with its unit, Wicks, the settings menu, status, New Chart and Refresh, in one compact toolbar.
  • No inputs to configure: attach the EA, click OK, and your chart is ready.

Settings menu

  • Next Brick Levels, Grid, Info Line, Day Separator and its thickness, Fill Session Gap, Size Unit, Auto Size Refresh, History, Tooltips and Reset to defaults, grouped in clear sections.
  • Tooltips: clear hover help for every control, which you can switch off.
  • Reset to defaults: brings every setting back to its default in one click.

History

  • Choose how many trading days to load: type the number or use − and +.
  • "3 days" means today plus the last 3 complete trading sessions. Weekends and holidays without data are not counted.
  • The chart reloads once with the new history, in the same window, keeping all your settings.
  • A per-symbol limit keeps loading fast. Above the recommended value, a note shows the expected first-load time; once loaded, the chart runs at full speed.

Status

  • A live status indicator (Live, Loading, Market closed and more) with a short explanation on hover.

9. Multiple Charts and Restore

New Chart

  • Click + New Chart on the panel to open another Renko chart of the same symbol.
  • Each chart has its own type, brick size and settings, for example Classic Renko on one and Range Bars on another.
  • New charts open with your last-used settings.
  • Charts are named XAUUSD_RS01, XAUUSD_RS02 and so on, numbered separately for each symbol.

Clean-up and restore

  • Closing a Renko chart removes its symbol and data automatically.
  • After restarting MT5, every chart comes back with the same settings and catches up with the latest prices.

10. Compatibility

  • Indicators, drawings and templates work on the Renko chart like on any MT5 chart.
  • Any symbol: forex, metals, indices and more, including broker suffixes such as .m or .pro.
  • Any broker digits: 2-, 3-, 4- and 5-digit symbols are handled correctly.

How to Use

  1. Open an M1 chart of your symbol (for example XAUUSD).
  2. Attach Renko Studio and click OK.
  3. A Renko chart opens with Classic Renko and Auto size. Change anything from the panel or the settings menu.

Important Notes

  • Removing the EA from the source chart closes its Renko charts.
  • Expert Advisors attached to a Renko chart do not receive ticks in this version, so they cannot run or trade from it. Indicators work normally.
  • The Renko time axis shows the real time. MT5's status bar and Data Window show an internal date.
  • Available history depends on your broker's tick data.

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Je voudrais vous présenter un robot efficace que j'utilise depuis plusieurs années. Il peut être utilisé en mode semi-automatique, comme en mode totalement automatique. >>> Chat <<< Le programme comporte des paramètres souples pour le commerce sur les nouvelles du calendrier économique. Il est impossible de le vérifier dans le testeur des stratégies. Ce qu’il faut, c’est le travail réel. Il faut ajouter à la liste des URL autorisées, dans les paramètres du terminal, un site d'actualités. Cliqu
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Shengzu Zhong
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Utilitaires
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Mian Rameez Ali
Utilitaires
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