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Gino Renko

1
Another renko-based indicator.

It returns different usable values ​​for an EA, and is directly displayed on the main chart.

Its setting is very simple:

  • The size of the renko
  • The number of bars taken into account
  • The falling color
  • The color on the rise
Returned values:

  • Buffer 0 : Value of the middle
  • Buffer 1 : Value of the Top
  • Buffer 2 : Value of the Bottom
  • Buffer 3 : Direction of renko (0.0 for top ; 1.0 for bottom)
  • Buffer 4 : Ratio of the renko, for example, if it is twice, 3 times, ro more of its normal size (4, 5, ...). 

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5 (3)
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
TrendMaestro5
Stefano Frisetti
nota: questo indicatore e' per METATRADER5, se vuoi la versione per  METATRADER4 questo e' il link:   https://www.mql5.com/it/market/product/108106 TRENDMAESTRO   riconosce un nuovo TREND sul nascere, non sbaglia mai. La sicurezza di identificare un nuovo TREND non ha prezzo. DESCRIZIONE TRENDMAESTRO identifica un nuovo TREND sul nascere, questo indicatore prende in esame la volatilita' i volumi ed il momentum per identificare il momento in cui c'e' un'esplosione di uno  opiu' di questi d
Altri dall’autore
Gino Renko EA
Stephane, Andr Valette
Here is an EA based on the Renko indicator, it can be used with currencies, commodities, and forex. Just associate it with the corresponding graph. The indicator used for the EA is available here, but it is not necessary for its operation, they are 2 independent products: https://www.mql5.com/fr/market/product/87852?source=Site +Market+MT5+Indicator+Search+Rating006%3agino+renko Personally I don't like renko like EA, and I haven't done any tests to find out which configuration is the best.
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M_Fleck
19
M_Fleck 2023.09.10 21:12 
 

The indicator does not work properly. The rectangles are sometimes drawn too early and not comprehensible. There are also problems reading the buffer values in an Expert Advisior. Unfortunately, it is not possible to contact the author, because he does not respond to messages. All in all, a disappointing experience.

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Versione 1.6 2022.11.04
Correction translation
Versione 1.5 2022.10.26
Fix bug
Versione 1.4 2022.10.26
bug fix.
adding a buffer.