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Renko One ReversBar Demo

The Renko_One_ReversBar_Demo is a Demo version of the Renko_One_ReversBar indicator. The main feature is that only one Reversal Bar is drawn. As in the indicator Renko_Bars_3in1, you can independently adjust the size of the reversal bar.  Works only on Demo accounts.

Important. To build an offline chart, you need a chart with a period of M1. When you launch the indicator on the chart, the offline chart opens automatically. When closing the terminal, also close the offline chart, because the next time you start the terminal, another offline chart opens. If this situation occurs, close offline charts and restart the indicator

A chart created using Renko_One_ReversBar_Demo does not redraw the Open value of the current bar and the Close value of the previous one, which is important for a proper operation of indicators and Expert Advisors. Also the indicator enables testing of indicators and Expert Advisors in the Strategy Tester.

To run your Expert Advisor on an offline chart, you need to create a copy of your Expert Advisor and insert or replace its OnInit() function with the one below. You may also use my refreshchart_and_tiks script, which allows running Expert Advisors on offline charts (this method is preferable, because you do not need to replace functions in your Expert Advisor).

//+------------------------------------------------------------------+
void OnInit()
 {
     double prev_bid;
     prev_bid=Bid;
     while(!IsStopped())
    {
     RefreshRates();
     if(prev_bid!=Bid) 
     {
      prev_bid=Bid;
      OnTick();
     }
      Sleep(200);
    }
  }
//+------------------------------------------------------------------+


Indicator parameters

  • CandleSize - The size of the candlestick body, in pips.
  • RevReduction - The amount by which the reversal bar increases.
  • TimeFrame - Display on offline charts (M2, M3, M4, M6, M7, M8, M9 or M10).
  • ShowWicks - Show shadows (true / false).
  • StrangeSymbolName - Set true if the name of your broker's pair differs from the standard pair name.
  • Test - false; True if you open a chart for testing.
  • DateStart - Chart calculation start date.

Watch the video of Renko_Bars_3in1 to find out how to set the indicator and to test your own indicators.

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⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long
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Trend Screener
Sayadi Achraf
⭐️   ⭐️   ⭐️     ⭐️   Trend Screener EA is available for Free to our customers who   Trend Screener Pro version ⭐️⭐️⭐️   ⭐️ Trend Screener EA =>      https://www.mql5.com/en/market/product/59696 Trend Screener EA   is an Expert Advisor designed specifically to trade as multi-currencies and multi-timeframe EA. The operation is based on opening orders using the Trend Screener   indicator, this the EA works according to the "Trend Follow" strategy, which means following the trend and trading
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Versão 1.20 2020.08.31
Now the indicator works on any symbol on Demo accounts.
Versão 1.10 2020.03.09
Added parameter SymbNZD, since the name NZDUSD is not in all terminals.