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Renko chart generator

4.75

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
  • optional display of live trade levels on the chart


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 such as UniRenko (search google for UniRenko to UltimateRenko settings converter).


The settings include

  • Renko body size - Defines the size of the candle body.
  • Renko body calculation mode - ( pips / ticks/ points / ATR % / % )
  • 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.
  • Show history for a number of days (0 to...)
  • Show history starting from date/time
  • ATR timeframe setting - for renko body size calculation based on percentage of the ATR indicator calculation on the selected timeframe.
  • ATR period (1 to...) - ATR indicator's period setting for renko body size calculation based on percentage of the ATR indicator.
  • Use a percentage of daily ATR (1 to 100) - The percentage of the calculated value to use.
  • 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).
  • Create chart for backtesting only (yes/no)
  • Show trade levels on chart (yes/no)

NOTE: Custom symbols on MT5 are not directly tradable. This is by Metatrader5 design. If you want to place trades directly on the custom symbol generated by this product, you will either need a trade panel that offers this functionality or you will need to place trades on the tradable symbol that is used to create the custom chart. Alternatively, you can purchase the indicator version of this charting tool where you can place trades directly on the custom chart.


Comentários 7
Sanbach21
182
Sanbach21 2022.04.27 16:49 
 

It is Great job Artur , excellent !!!

John Estrada
68
John Estrada 2020.11.17 13:31 
 

Works as described with great support from dev

Henrique Sameshima De Souza
163
Henrique Sameshima De Souza 2020.03.16 20:56 
 

It works very well, great JOB.

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The Haoss oscillator coded for the MT5! This oscillator allows to verify overbought / oversold regions in two periods (14 and 96, for example), making it possible to anticipate a reversal. Possibility to activate an audible alert when it reaches a defined level. Possibility to choose the alert sound by placing a .wav song in each asset or timeframe.   (save a .wav file to the MQL5 \ Files folder) Possibility to activate / deactivate histogram and levels to make the screen cleaner. Customizable
500 USD
The most simple and easy to use Partial Close Expert. The main idea of this Expert is to apply partial close to your positions. Expert will automatically find your open market positions and apply partial close according to your settings. Attach Partial Close Expert, Press "p" on your keyboard , change the settings and you are ready to go. You Can Use Demo Version From Here https://www.mql5.com/en/market/product/30480 You Can Use Mt4 Version From Here https://www.mql5.com/en/market/product/14965
199 USD
Trade Assistant 38 in 1
Makarii Gubaydullin
5 (1)
Um assistente multifuncional que combina mais de 38 funções em uma única interface. Importante : o arquivo do programa deve ser colocado no diretório de "Experts"! Versão de ensaio   /   descrição pormenorizada Contate-me   para quaisquer perguntas / ideias para melhoria / no caso de um bug encontrado O utilitário está dividido em 4 seções: 1. [Open]: novas operações: cálculo do lote / risco: 1. Cálculo do lote: com base na dimensão do risco; 2. Cálculo do risco: com base na dimensão do l
109 USD
Recommended balance per pair : low risk: +3000$, medium risk: +1,000$, high risk: ±500$ Inputs: Strategy:   Select the strategy Global TP:   Take profit for multiple orders, in points. Limit order TP:   Take profit for limit orders, in points. Stop order TP:   Take profit for stop orders, in points. Global SL:    Stoploss, in points. 0 to disable. Distance:   Distance between orders. 0 to set automatically. Initial lot:   The size of the initial lot. Initial lot per balance (Autolot) [0=Off]:
500 USD
Everything for chart Technical Analysis in one tool Quick tip: Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator mt5 Video tutorials and manuals   here .  Find contacts on my   profile . 1.   Extend rectangle and trendline into future -  Trend Support Resistance Object will be extended into future when price will draw new candlesticks on chart. This is rectangle extender or trendline extende
98 USD
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overri
100 USD
Grid Manual MT5
Alfiya Fazylova
5 (2)
"Grid Manual" é um painel comercial para trabalhar com uma grade de ordens. O utilitário é universal, possui configurações flexíveis e uma interface intuitiva. Ele trabalha com uma grade de pedidos não apenas na direção da média das perdas, mas também na direção do aumento dos lucros. O trader não precisa criar e manter uma grade de pedidos, tudo será feito pelo ""Grid Manual". Basta abrir um pedido e o "Grid manual" criará automaticamente uma grade de pedidos para ele e trabalhará com ele até q
50 USD
Auto Trade Copier é projetado para copiar comércios entre contas MT5 / terminais múltiplos com uma precisão absoluta. Com esta ferramenta , você pode agir como quer provedor ( fonte ) ou receptor (destino). Cada ações negociadas será clonado a partir de provedor para o receptor sem demora. A seguir são características de destaque :     Alternar entre Provider ou papel Receiver dentro de uma ferramenta.     Um provedor pode copiar comércios de contas da multi- receptor.     Absoluto compat
79 USD
Save time placing orders and automate entry under your conditions Video tutorials and manuals   here . Find contacts on my   profile . Money Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations Safe Trading -  Protect orders before big news spikes and Monday opening gaps (spread & time filter). Stop loss hunt protection. Place or remove orders when market is closed Mobile Notifications -  Mobile p
118 USD
Hedge Ninja
Robert Mathias Bernt Larsson
5 (1)
BEGINNING OF MAY OFFER $129 for life-time access instead of $899 HEDGE YOUR WAY TO PROFITS EVERY TRADE If you are a scalper or intraday trader it doesn't matter, this tool is so good, especially if you think it’s hard to determine in which direction the market will go, this robot solves that for you by changing direction depending on in which direction price moves so you win no matter which direction it moves (when price moves to either of the red lines as seen on the screenshot, it wins with
129 USD
The product will copy all telegram signal to MT5 ( which you are member) , also it can work as remote copier.  Easy to set up. Work with almost signal formats. Work with multi channel,  multi MT5. Work with all type of channel or group, even channel have "Restrict Saving Content". Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup
189 USD
The script displays info about the share's corporate reports and dividends. The data is downloaded from   investing.com : Report date Profit per share (EPS) Revenue Market capitalization Amount of dividends Date of payment of dividends Dividend income The product cannot be tested in the tester (since it is not possible to receive data from the Internet). Before launching:  Add 2   URL   https://ru.investing.com/earnings-calendar/Service/getCalendarFilteredData  and   https://ru.investing.com/
275 USD
Mais do autor
A utility used to create custom Tick or Volume bar charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. You can attach any MT5 compatible indicator or template to the tick chart and perform your technical analysis. Tick charts measure the number of transactions per bar. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The generator uses tick data to plot
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Create and trade timeframes in seconds. The bar time duration is freely adjustable from 1 second and up. The chart is accurately constructed using real ticks from the broker's server. Main characteristics The indicator is an overlay on the main chart, making it possible to utilize one-click trading and on-chart order manipulation. History calculated using real tick data. Built-in technical studies: 4 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weighted using tick or rea
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Robust median Renko style indicator for creating custom charts resembling Median Renko, Mean Renko, Turbo Renko and Better Renko candles as well as vanilla Renko with wicks plus Point-O charts. This all in one package provides all of the signals needed by day traders, scalpers, and even long-term traders. Main characteristics The indicator is an overlay on the main chart so it is possible to utilize one-click trading and order manipulation directly on the custom charts. Visual order placement
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Range Bars
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The robust charting solution enables creating custom live range bar charts on the MetaTrader 4 trading platform. You can apply all of the standard and custom indicators and technical studies directly to the range bar charts and you can run EAs directly on these charts as well* (for details see text below the input summary). To create a range bar chart you need to attach the Range Bar indicator to a standard time frame (1 minute is recommended) and use the indicator's settings to generate a live
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Ultimate Renko
Artur Zas
4.55 (11)
Ultimate Renko is a full implementation of a robust Renko style charting solution for MT4. It 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. This all-in-one package provides all of the signals needed by day traders, scalpers, and even long-term traders. You can apply all of the standard and custom indicators and technical studies as well as templates to
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Range Bars for MetaTrader 5 is a unique tool for conducting technical analysis directly on the charts, as the indicator is an overlay on the main chart and range bars are calculated using real tick data. The trader can place and modify orders directly on the range bar chart (even with the use of one-click trading). Apart from range candles, the indicator also includes the most commonly used technical studies which are 3 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weight
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The professional line break chart generator is used to create live line break charts (i.e. 3 line break ). The chart is plotted using MT4's offline charging facility thus making it possible to trade* directly from the chart as well as attach any of the standard or custom indicators to perform technical analysis. The line break chart can be displayed as the most widely used 3 line break chart or a custom variation such as 2 or 5 line break chart . Wicks can be displayed or hidden on the chart - t
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Professional range bar charting on a custom symbol chart accurate pricing to the tick  accurate timeline (no future date projections) very responsive charts An Expert Advisor (EA) is used to create a RangeBar custom chart and provide real-time updates. It is an MT4 "offline" range bars chart equivalent. The simplicity of use - Attach the EA to any time-based chart that you wish to see Range Bars for, input your desired parameters and you are ready to go! You can attach any MT5 compatible indicat
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A countdown timer for the  Volume bar chart generator  and  Tick chart generator  products, which are available for download from the MQL5 Market: Tick chart generator: https://www.mql5.com/en/market/product/29215 Volume bar chart generator: https://www.mql5.com/en/market/product/47197 The counter conveniently displays the number of ticks or transactions (depending on the chart) that need to pass for a new bar to start printing. The user can set the following indicator inputs. Volume type
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A professional line break chart which is displayed directly in the chart window thus making it possible to trade directly from the MetaTrader 5 charts. The line break chart can be displayed as the most widely used 3 line break chart or a custom variation such as 2 or 5 line break chart . Wicks can be displayed or hidden on the chart - they give a lot of additional information regarding the underlying price action. The indicator's settings include: Line break number - determines the number of lin
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X Tick Chart
Artur Zas
4.75 (8)
The indicator combines the features of both the Tick charts and Volume Bar charts. The mode can be selected in the indicator's settings. Tick charts measure the number of transactions per bar. To give you an example if you have a 233 tick chart, each bar measures 233 transactions per bar and a new bar is plotted after 233 transactions. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). Volume bar charts are desi
45 USD
Robust trading panel for use on any symbol (including RangeBars or Renko custom symbols). The tool can be placed anywhere on the chart and offers the following array of features: One-click instant order entry. Pending order entry using horizontal lines on the chart Pending order entry using keys in Entry price (E/P) and optional Stop Loss (S/L) and/or Take Profit (T/P) A choice between fixed trading volume or risk-based volume calculation based on the available account equity, entry price, and t
30 USD
The trend scalper candles are used to identify short-term trends based on the readings of the MACD, RSI and ATR indicators. All indicator calculations are visualized by candle colors which are overlapped on the chart. The indicator uses gray , green and red colors to paint individual candles, which gives you a lot of useful and easy to read information. Gray candles Gray candles indicate a range bound period and the information can be used to trade breakouts. Simply mark the high and low of th
30 USD
CMI - Profit from trending and ranging markets. The CMI indicator is a two-part system used to trigger both trend and counter-trend trades, that has been introduced by Daniel Fernandez in an article published in Currency Trading Magazine (August 2011 issue). It is a simple, yet effective indicator, which gauges whether the market has behaved in a choppy (non-directional) manner or trending (directional) manner. CMI calculates the difference between the most recent bar's close and the close n bar
199 USD
The extreme volume indicator helps identify turning points in the market by pinpointing spots of higher than average volume. Such points usually indicate the start of a trend or a turning point in the market. The indicator averages out volume readings over an extended period of time and calculates a volume threshold level. When this level is breached, it identifies the most likely trend direction using the trend of the candle that breached the volume threshold. The direction indicator (red or gr
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The Trade Tracker Library is used to automatically detect and display trade levels on custom charts. It is an especially useful add-on for EAs that trade on custom charts in MT5. With the use of this library, the EA users can see trades as they are placed via the EA (Entry, SL & TP levels) in real-time. The header file and two examples of EA skeleton files are attached in the comments section (first comment). The library will automatically detect the tradable symbol for the following custom
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Filtro:
Sanbach21
182
Sanbach21 2022.04.27 16:49 
 

It is Great job Artur , excellent !!!

stevefer50
19
stevefer50 2020.12.13 17:45 
 

I cannot trade on the charts that I have it loaded on. Can't open one click trading or use the right click to trade. Guess I will have to figure this out.

John Estrada
68
John Estrada 2020.11.17 13:31 
 

Works as described with great support from dev

robertos1976
54
robertos1976 2020.09.26 09:04 
 

O usuário não deixou nenhum comentário para sua avaliação

eliseexige
1169
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. EDIT 2: Artur is working with me on all products to solve issues and I have adjusted the feedback accordingly.

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
163
Henrique Sameshima De Souza 2020.03.16 20:56 
 

It works very well, great JOB.

Responder ao comentário
Versão 2.10 2021.06.30
Bugfix for %ATR setting
Versão 2.9 2021.06.29
Added optional history starting point definition via date/time
Versão 2.8 2021.05.17
Added an optional display of live trade levels on the chart.
Versão 2.7 2021.05.10
Added new dynamic renko body size algorithm (price % as used on Definedge TradePoint);
Optimized indicator inputs.
Versão 2.6 2021.04.28
Optimization
Versão 2.5 2021.04.08
Compatibility fixes for long symbol names
Rearranged EA setings into groups
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