Renko Builder GLX1


GLX1 Renko Builder Expert Advisor (EA) can create the Renko bar charts on any symbol. The Renko charts are generated as real-time custom symbol charts which can be further used for technical analysis with any MT5 compatible indicator. 


Find the free GLX1 Renko Euro Expert Advisor from here. https://www.mql5.com/en/market/product/115074


Included Features:

  • Truly responsive Renko Charting on a custom symbol chart
  • Accurate automatic live chart update
  • Ability to attach any MT5 indicator
  • Ability to enable/disable Renko bar wicks
  • Ability setup Renko bar size using the ATR percentage or Fixed size


Input Parameters:

  • Renko Mode :  ATR_BASED_SIZE or FIXED_SIZE mode used to calculate bar size
  • History days count: Number of back days to generate Renko bars
  • Enable Renko Wicks : To  enable/disable Renko bar wicks
  • ATR Time frame : Time frame used to calculate the Average True Range(ATR) indicator value
  • ATR Period : Length of the  Average True Range (ATR) indicator 
  • ATR Percentage : Percentage of the  Average True Range (ATR)  value used to calculate the Renko bar size 
  • Fixed Size : Renko bar size if the Renko Mode is  FIXED_SIZE


How to Use:

  1. Open any symbol chart on MT5 platform and change the time frame to M1
  2. Add the  GLX1 Renko Builder Expert Advisor (EA) to that chart
  3. Change the input parameters as you need.
  4. After submission, It will open a new custom symbol chart with Renko bars.


Pro Tips:

The generated Renko chart is a custom symbol chart which means the symbol is not compatible with the list of symbols available in the Broker's server. You can resolve this situation by supplying the original symbol name when placing trades on the generated Renko chart. If you need to perform automated trading using a Expert Advisor (EA) on the generated Renko chart, make sure to supply the correct symbol name in MQL5 EA code.


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SSFx Ultimate Hedge Manager EA Description: The SSFx Ultimate Hedge Manager EA is the pinnacle of trade management tools for the MT5 platform. Combining the advanced trade management features of the SSFx Hedge Manager EA with the comprehensive backtesting capabilities of the SSFx Manual Backtester, this ultimate product empowers traders to refine and optimize their strategies with unmatched flexibility. This EA focuses on a hedging-based approach to risk management, providing traders with a dyn
Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download Demo here  (starting lot is fixed at 0.01) Guide + tips here MT4 version   here You only open the first order. When your trade goes into profit RM opens a ne
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Renko Euro
Eranga Thilina Dhanushka Gallage
GLX1 Renko Euro   Expert Advisor (EA) can create the Renko bar charts on EURUSD or EURAUD symbols only. The Renko charts are generated as real-time custom EURUSD or EURAUD charts which can be further used for technical analysis with any MT5 compatible indicator.  If you want to create Renko charts on any symbol, please use  GLX1 Renko Builder   Expert Advisor from here.  https://www.mql5.com/en/market/product/115077 Included Features: Truly responsive Renko Charting on a custom EURUSD or EURA
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