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Renko chart generator

Professional renko charting on a custom symbol chart

  • accurate pricing to the tick 
  • accurate timeline (no future date projections)
  • every renko variation in a single package
  • very responsive charts


An Expert Advisor (EA) used to create custom Renko charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. All historical renkos are constructed using real tick data from the broker's server.

You can attach any MT5 compatible indicator or template to the renko chart and perform your technical analysis.

The EA enables creating custom live charts resembling Median Renko, Mean Renko, Turbo Renko, and Better Renko candles as well as Vanilla Renko and Renko with wicks, PointO charts and many more.

A free demo version can be downloaded from https://www.mql5.com/en/market/product/30300


The settings include

  • Bars size (in points) - Defines the size of the candle body (value denoted in points).
  • Presets (sets 3 values below): Presets for creating several commonly utilized charting types: Renko / Median Renko / PointO / Turbo Renko / Hybrid Renko
  • Open offset % (0 to ..) - offsets the new trending bar's open value back by % or the defined candle body size (see screenshot)
  • Reversal Open offset % (0 to ..) - offsets the new reversal bar's open value back by % or the defined candle body size (see screenshot)
  • Reversal bar size % (0 to ..) - sets the size of the reversal bar as a  % or the defined candle body size (see screenshot)
  • Show wicks (yes/no) - Candlewick visibility setting.
  • ATR based bar size calculation (yes/no) - Automatic calculation of the candle body size defined by the reading of the ATR indicator calculation on the daily chart.
  • ATR period (1 to...) - ATR indicator's period setting.
  • Use a percentage of daily ATR (1 to 100) - The percentage of the calculated value to use.
  • Show history for a number of days (0 to...)
  • Apply offset to first Renko (yes/no) - Setting used to synchronize the open of the first renko candle based on the offset parameter (below)
  • Offset value (0 to 100)
  • Synchronize first bar's open on a new day (yes/no) - Synchronize the first candle's open price with the open price of the daily candle.
  • Override default custom chart name with (chart name)
  • Apply template to custom chart - (the user-defined template that will be applied to the renko chart. If you have a "default" template saved, this will be applied by default).

Comentários 4
Henrique Sameshima De Souza
164
Henrique Sameshima De Souza 2020.03.16 20:56 
 

It works very well, great JOB.

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⭐   ⭐   ⭐   ⭐   ⭐ The Utility for managing orders in manual/semi-automatic/automatic modes by INFINITY TrendLine PRO indicator signals RECOMMENDATION Symbols     Any pairs: FX, Metals, Coins, CFD, Index Timeframe     M5-D1 Minimum deposit         1 00 usd or 100 cents     Promo of Month Buy One --> Get One FREE (Conditions here:  https://www.mql5.com/en/blogs/post/740436 ) Today price / Next price $125/$149    🏃   🏃   🏃   IMPORTANT: 1. The utility requires a purchased or rented version
98 USD
Averager FULL
Vladislav Andruschenko
Averager is intended for averaging your deals that has had a drawdown or had gone against the trend. The adviser can open additional positions on the trend and against the trend! The system is identical to the  averaging system created Averager for MetaTrader 4 . Averager - Full Description An example of operation of the averager in an Exeprt Advisor in the MetaTrader 5 terminal: Exp - TickSniper . Example of the averaging system in our  TickSniper  scalperUniversal trading adviser with the
49 USD
RenkoCharts
Stanislav Korotky
This non-trading expert utilizes so called custom symbols feature ( available in MQL as well ) to build renko charts based on historical quotes of selected standard symbol and to refresh renko in real-time according to new ticks. Also, it translates real ticks to the renko charts, which allows other EAs and indicators to trade and analyze renko. Place RenkoCharts on a chart of a work instrument. The lesser timeframe of the source chart is, the more precise resulting renko chart is, but the lesse
49 USD
LT Trade Copy MT5
Thiago Duarte
Trade Copy é uma ferramenta em forma de EA que replica as operações feitas em um Meta Trader 5 para todos os meta Traders 5 abertos no mesmo computador. É útil se você deseja operar mais de uma conta sua ou se deseja trabalhar com gerenciamento de contas de terceiros. Versão Demo:  https://www.mql5.com/pt/market/product/40906 Versão para M T4:  https://www.mql5.com/pt/market/product/40902 Configuração: MAIN OPTIONS Idiom - alterna entre Português e Inglês. Copy trades from - especifica se de tod
50 USD
Easy Trade Manager MT5
Anoop Sivasankaran
Thank you users for all your great reviews for the MT4 version - Latest MT4 Version 16 becomes MT5! July Version 1.3 Updated. Enter the Risked Amount or Lot size or % of Balance (New!) Drag the RED line on the chart to fix the Stop-Loss. Drag Blue line (New!) for Limit/Stop orders automatically ! Adjust TP1, TP2 and TP3 lines You are ready to Buy/Sell > Adjust the lines even after the trade Reviews - https://tinyurl.com/etmreviews Check the user video -  https://tinyurl.com/etmmt4ea Automatic
40 USD
Crypto Charts
Romeu Bertho
A análise de cripto moedas nunca foi tão fácil com o Crypto Charts para a MetaTrader 5. Basta escolher o gráfico entre bitcoin até moedas exóticas, escolher o período desejado e anexar todos os seus indicadores favoritos dos milhares disponíveis no MQL5. Gráficos das corretoras  Poloniex ,  Bitfinex ,  Binance ,  BitMEX ,  Bittrex , BitMEX Testnet ! Faça análises mais sofisticadas e aumente a eficácia de suas negociações! Deseja negociar de modo automatizado na BitMEX? Por favor, dê uma olhada n
65 USD
Binance MT5
Hadil Mutaqin SE
Binance MT5 is a tool for Charting & Trading Bitcoin and Altcoin on Binance exchange from MT5 platform. Parameters Symbol = symbol name HistoryData = start time to download history data API Key = your binance api key Secret Key = your binance secret key Custom Symbol = to set manual symbol name *You should allow WebRequest from Tools menu >> Options >> Expert Advisors and add URL: https://api.binance.com/ *This tool cannot be run in the  Strategy Tester (Free demo is not available).
200 USD
Fibonacci Patterns Scout MT5
WaltSoft
The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns , also called Harmonic Patterns , and displays the results in a clear table. Clicking on a Pair-Time Frame combination will open the relevant chart and displays the pattern(s) which you then can trade manually. Unlike similar software, the WSFP SCOUT will detect Patterns in their very early stage . As soon as a patterns' C-point has formed it will detect and display this Emerging Pattern. Such an early warning is priceles
499 USD
LT Trade Panel Professional
Thiago Duarte
Você gosta do Meta Trader? Legal, eu também. Já sentiu falta de uma ou mais ferramentas que poderiam existir nele? Legal, eu também. Incomodado com isso decidi criar o Trade Panel. Essa ferramenta tem duas versões: Lite e Pro. Ela é literalmente mágica. Ela expande, e muito, as possibilidades do seu Meta Trader! Ele deixa de ser um programa bom e se torna excelente (modéstia a parte)! Você duvida? Então tá. Faça o seguinte: confira as imagens e também baixe a versão de demonstração e veja por si
40 USD
Filtro:
robertos1976
19
robertos1976 2020.09.26 09:04 
 

Usuário não fez qualquer comentário quanto a classificação

eliseexige
377
eliseexige 2020.09.23 16:18 
 

after multiple attempts during live markets, this is just like the rest of Artur's products. It will freeze, it will refresh the data and screw up custom indicators, and it will cost you because of it. I'd give this a 0 or negative star rating if it were possible. AVOID if you are a serious trader and need stability in fast markets, because you won't get it here.

niel phan
35
niel phan 2020.05.21 01:10 
 

The indicators that plotted on the renko chart kept turning on and off likes Christmas light. Hope for a FIX so I can rate truly this potential great indicator.

Henrique Sameshima De Souza
164
Henrique Sameshima De Souza 2020.03.16 20:56 
 

It works very well, great JOB.

Responder ao comentário
Versão 2.3 2020.06.30
Added input for toggling ON/OFF faster chart refresh parameter;
Added option for building a renko chart for backtesting purposes only.
Versão 2.2 2020.06.16
Recompiled for better compatibility with the latest MT5 builds
Versão 2.1 2020.03.17
Fixed missing bars on rapid price spikes
Chart refresh rate improvement on extremely fast-moving charts (very small renko boxes).
Versão 2.0 2020.03.10
Renko body size is now denoted in "ticks"
Updated the tick data engine
Changed time resolution to "seconds" (improves timescale resolution)
Numerous bug fixes
Versão 1.23 2019.06.05
Fixed compatibility issue with the latest MT5 build
Versão 1.22 2019.04.23
Bug fix + stability improvements
Versão 1.21 2019.04.11
Bug fix and code cleanup
Versão 1.20 2019.04.05
Bug fix + optimization
Versão 1.19 2019.04.04
Reverted back to v1.16/1.17 due to bug in 1.18
Versão 1.18 2019.03.27
Bug fixes and code maintenance
Versão 1.17 2018.12.19
Bug fix & maintenance update
Versão 1.16 2018.12.13
Added: Presets for the most common chart types (Renko, Median Renko, PointO, etc…)
Breaking change: Retracement factor & Symmetry toggle settings have been replaced with:
Open offset % (0 to ..)
Reversal Open offset % (0 to ..)
Reversal bar size % (0 to ..)
Versão 1.15 2018.11.22
Maintenance release
Versão 1.12 2018.07.09
Added "Apply template to custom chart" setting
Bug fixes
Versão 1.11 2018.06.28
Bugfix: Fixed problem with BM&FBovespa
Versão 1.10 2018.05.24
Added option to override the default custom chart name with a user-defined value