Renko Atr Envelope Pro PlusMT5

Renko + ATR Trend Envelope PRO+ (Non-Repainting)

Renko + ATR Trend Envelope PRO+ is a clean trend-filter indicator that combines a Renko-style step histogram with an ATR-based trend envelope. It highlights trend direction, volatility expansion/contraction and trend reversals with arrows and optional alerts.

This tool is ideal for:

  • Trend following strategies

  • Breakout confirmation

  • Filtering false entries during choppy markets

  • Visualizing volatility using ATR envelopes

Key Features

Renko-Style Histogram (with gradient strength)

  • Step-based histogram reflects Renko direction.

  • Optional gradient coloring shows momentum strength (distance from Renko mid).

ATR Trend Envelope (volatility adaptive)

  • Upper/Lower envelope is calculated using ATR * multiplier.

  • Helps identify trend phases and pullback zones.

Trend Change Arrows

  • Arrow appears only when the trend state changes.

Alerts (Optional)

  • Popup alert

  • Push notification (MT5 terminal must be configured)

  • Sound alert

Non-Repainting

  • Trend change signals and alerts are confirmed on closed candles (no repaint / no shifting).

Inputs / Parameters

  • Renko brick size (InpSize): step size in points (e.g., 20–50 on Forex, higher on Gold/Crypto)

  • ATR period (InpAtrPeriod): ATR smoothing (14 is a good default)

  • ATR multiplier (InpDeviation): envelope width (1.2–2.0 typical)

  • Gradient (InpGradientOn, InpGradPower): enable/adjust histogram strength effect

  • Fill band (InpFillOn, InpFillAlpha): background trend band and transparency

  • Alerts (InpAlertPopup, InpAlertPush, InpAlertSound, InpSoundFile): enable desired notifications

Recommended Settings

Forex (M15–H1)

  • InpSize: 20–40

  • InpAtrPeriod: 14

  • InpDeviation: 1.3–1.8

Gold / Indices

  • InpSize: 80–200 (depends on symbol digits and volatility)

  • InpAtrPeriod: 14–21

  • InpDeviation: 1.5–2.2

Crypto

  • InpSize: 100–500+

  • InpAtrPeriod: 14–21

  • InpDeviation: 1.6–2.5

Tip: If you see too many reversals, increase InpDeviation. If signals are too slow, decrease InpDeviation or reduce InpAtrPeriod.

Important Notes

  • Works on any symbol and timeframe.

  • Signals are generated on closed candles to avoid repainting.

  • Push notifications require MetaTrader 5 notifications to be enabled in terminal settings.

Disclaimer

This indicator is an analytical tool and does not provide financial advice. Trading involves risk. Always test on a demo account before using real funds.


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Route Lines Prices MT5 -  è un indicatore progettato per individuare potenziali segnali di trading. La sua interfaccia semplice include diversi algoritmi di analisi del comportamento dei prezzi, nonché il rilevamento dei punti finali dei segnali e il calcolo delle traiettorie completate. Gli algoritmi includono calcoli di volatilità e di smoothing dei prezzi in base ai timeframe utilizzati. L'indicatore ha un parametro principale per la modifica dei suoi valori: " Calculating price values ". Il
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AriX Indicator for MT5 A powerful trend-following and signal-evaluation tool AriX is a custom MT5 indicator that combines Moving Averages and ATR-based risk/reward logic to generate clear buy/sell signals. It visualizes dynamic SL/TP levels, evaluates past trade outcomes, and displays win/loss statistics in a clean on-chart panel. Key features include: Buy/Sell signals based on MA crossovers ATR-based SL/TP1/TP2/TP3 levels with visual lines and labels Signal outcome tracking with real-time stat
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Batsirayi L Marango
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Introducing Indicator for PainX and GainX Indices Traders on Weltrade Get ready to experience the power of trading with our indicator, specifically designed for Weltrade   broker's PainX and GainX Indices.  Advanced Strategies for Unbeatable Insights Our indicator employs sophisticated strategies to analyze market trends, pinpointing optimal entry and exit points.  Optimized for Maximum Performance To ensure optimal results, our indicator is carefully calibrated for 5-minute timeframe charts on
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Roman Podpora
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LINEE DI TENDENZA PRO  Aiuta a capire dove il mercato sta realmente cambiando direzione. L'indicatore mostra reali inversioni di tendenza e punti in cui i principali operatori rientrano. Vedi   Linee BOS   Cambiamenti di tendenza e livelli chiave su timeframe più ampi, senza impostazioni complesse o rumore inutile. I segnali non vengono ridisegnati e rimangono sul grafico dopo la chiusura della barra. VERSIONE MT4   -   Svela il suo massimo potenziale se abbinato all'indicatore   RFI LEVELS PRO
KT Alpha Hunter Arrows MT5
KEENBASE SOFTWARE SOLUTIONS
La maggior parte degli indicatori a frecce ti dà un segnale e poi ti lascia capire da solo tutto il resto. KT Alpha Hunter Arrows ti offre un piano di trading completo. Ogni freccia di segnale appare con un piano completo già disegnato: linea di ingresso, stop loss, quattro livelli di take profit e un verdetto live sull’edge, che ti indica se quel simbolo e quel timeframe meritano davvero di essere tradati in quel momento. Il Trade Manager EA incluso gestisce l’esecuzione dopo il tuo ingresso, c
Altri dall’autore
WizardMT4
Sumeyye Emine Karakas
2MA + BB PRO MTF – Advanced Trend Confirmation Indicator 2MA + BB PRO MTF is a professional-grade multi-timeframe trend confirmation indicator designed for traders who want high-quality, non-repainting signals aligned with higher timeframe market structure. This indicator combines dual moving average logic , higher timeframe trend confirmation , Bollinger Bands volatility context , and ATR-based momentum strength filtering to eliminate low-quality entries and focus only on high-probability setup
Renko + ATR Trend Envelope PRO+ (Non-Repainting) Renko + ATR Trend Envelope PRO+ is a clean trend-filter indicator that combines a Renko-style step histogram with an ATR-based trend envelope. It highlights trend direction, volatility expansion/contraction and trend reversals with arrows and optional alerts. This tool is ideal for: Trend following strategies Breakout confirmation Filtering false entries during choppy markets Visualizing volatility using ATR envelopes Key Features Renko-Style Hi
Trade Assistant PRO Multi (MT4) is an advanced multi-timeframe scoring dashboard that converts 16+ technical signals into a clear 0–100 score and a simple decision: BUY ≥ 70 | SELL ≤ 30 | WAIT It combines classic oscillators and trend tools with a dynamic TREND/RANGE regime , H4/D1 bias gate , RSI divergence bonus , and smart safety filters like spread and ATR volatility spike protection. Trade Assistant PRO Multi (MT4) is a professional decision-support indicator designed to help traders
WizardMT5
Sumeyye Emine Karakas
2MA + BB PRO MTF – Advanced Trend Confirmation Indicator 2MA + BB PRO MTF is a professional-grade multi-timeframe trend confirmation indicator designed for traders who want high-quality, non-repainting signals aligned with higher timeframe market structure. This indicator combines dual moving average logic , higher timeframe trend confirmation , Bollinger Bands volatility context , and ATR-based momentum strength filtering to eliminate low-quality entries and focus only on high-probability setup
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