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Renko Chart Indicator for MetaTrader 4

Renko charts can be created using this indicator with all bars being in the form of Renko "bricks". This type of chart is also called quantum (Quantum Chart) due to its special structure and the possibility of using it in quantum analysis. All bars on the Renko chart are of the same size and have no shadows since the shadows for this type of chart are of no value. The size of the bar can be set in the settings by changing the Size parameter value. You can add indicators, EAs and scripts to the resulting chart. You get the completely operational chart which can be processed just like a regular one.

The Renko Chart indicator is not only history based, but also builds online. At the same time, the data is updated synchronously with the basic chart with no delays.

You can simultaneously create several Renko charts each with the required bar size.


  • Size — size of Renko bars (in points).
  • Chart — timeframe for a chart opened in a separate window. In case you are going to work with a single chart for the currency pair, the timeframe is irrelevant. Timeframe does not affect the calculations during the chart creation. This setup is created to open several charts for the same currency pair, but with different settings. In such case, different timeframes for each chart (for example, M2, M3, M4) should be set. You also need to set different timeframes when simultaneously running the Renko Chart indicator and other tools that generate a synthetic chart on the same currency pair.


  • Open the "Navigator" window.
  • Drag the indicator of the desired currency pair (M1 timeframe or larger, depending on the Size parameter value) onto the chart.
  • Open the resulting chart by clicking the corresponding Open Chart button.
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The Expert Advisor is a risk manager helping users to control their trading. In the settings, it is possible to specify the parameters at which the risk manager force closes the opened trades and closes the terminal as well, if it is needed to prevent opening trades on emotions, which do not correspond to the trading strategy. Risk Manager settings Check limit to close - check the equity limit Limit to close - equity limit that is taken into account Check day limit to close - check the maximum
39 USD
Trend Support Resistance Tool
ISO Financial Services
Smart Trend Line Alert is a unique professional Trend Line, Support Line and Resistance Line Touch and Break out Alert with awesome Alert History feature, designed to help traders easily manage many charts and symbols without staring at the monitor. Features Candle Break Out Alert, Price Touch Alert and Time Line Alert; 1 click for converting any drawn line into an alert line (Trend line and Horizontal line or Trend Line By Angle); Alerts History able to re-open closed charts or re-draw delete
31.75 USD
Fibo Alert Ultimate
ISO Financial Services
This tool adds alerts to your Fibo Retracement and Fibo Expansion objects on the chart. It also features a handy menu to change Fibo settings easily and quickly! Features Alert for Fibo Retracement and Fibo Expansion levels. Sound, Mobile and Email alert. Up to 20 Fibo Levels. Continuous sound alert every few seconds till a user clicks on the chart to turn it OFF. Single sound alert with pop-up window. Keeping all user settings even after changing timeframes. New handy menu to change Fibo sett
31.75 USD
The Copier MT4
Andrey Barinov
This is a professional trades copier with easy to use interface and fast rock solid execution. It has some unique functionality which is missing in other trades copiers (see details below). It can copy trades between both MT4 and MT5 terminals in any combinations. Supports "One to Many" and "Many to One" copying modes. This product can not be tested in strategy tester. Please, download demo version here:  https://www.mql5.com/en/market/product/36141 Version for MetaTrader5 is available here:
99 USD
Powerplay Trade Manager
Daniel Stein
Powerplay Trade Manager é baseado no Powerplay , é um complemento ideal para o nosso popular sistema de negociação Blueball . Ele gerencia seus negócios com base no timeframe selecionado, de acordo com as configurações de cálculo individual do Powerplay e trailings stops ao longo da linha de tendência do Powerplay. Mesmo se você não inserir um stop loss, o Powerplay Trade Manager irá adicionar um imediatamente e movê-lo até que o movimento termine. Devido à introdução do número mágico, você pod
50 USD
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Versão 2.4 2020.10.21
Improved algorithm.
Versão 2.3 2020.04.29
Improved algorithm.
Versão 2.2 2020.04.28
Improved algorithm.
Versão 2.1 2018.07.10
Improved algorithm.
Versão 2.0 2018.05.29
Improved algorithm.