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RENKO Reversal

4

RENKO Reversal by StockGamblers

Actually working RENKO in MT5. Uses "custom symbols" for drawing. You can apply any indicators with complete peace of mind. The movement of the last price is displayed in real during the formation of the "brick". Put the script in the MQL5/Experts folder. More precisely: C:\Users\user\AppData\Roaming\MetaQuotes\Terminal\terminal_number\MQL5\Experts

Settings:

  • ValuePerBar - height of the "brick" in points
  • revCandle - multiplier for the height of the turning "brick". I.e. if the first value is 10 points and the multiplier is 3, then the turning "brick" will be 30 points high.

Important!

Before using, make sure that the broker supplies "trading ticks" to the terminal. Go to "Symbols", select the instrument of interest and go to the "Ticks" tab. Next, select the type of ticks "Last/Volume" and press the "Request" button. As a result, you should get a list of trading ticks with the price and volume. If a broker does not supply such tick data, the script will not work. Before closing MT5 it is recommended to close the custom symbol tab with RENKO.
Comentários 7
Tyler Sanchez
528
Tyler Sanchez 2023.07.01 15:47 
 

I really like the indicator, I want to buy the seconds charts, but I don't know if it will work on my chart, could you give me a demo test to try it and be able to buy it?

qadexys
58
qadexys 2021.11.03 11:56 
 

Отличный советник!

Igor Tereshin
20
Igor Tereshin 2021.10.30 23:46 
 

Браво!

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Filtro:
alexandrpr
14
alexandrpr 2024.02.10 02:50 
 

всё сделал как в описании но он не работает очень жаль

Anton Polkovnikov
4700
Resposta do desenvolvedor Anton Polkovnikov 2024.02.10 09:15
Кто брокер?
Tyler Sanchez
528
Tyler Sanchez 2023.07.01 15:47 
 

I really like the indicator, I want to buy the seconds charts, but I don't know if it will work on my chart, could you give me a demo test to try it and be able to buy it?

Carlos_Maia
65
Carlos_Maia 2022.09.11 17:38 
 

Não funcionou no gráfico.

Anton Polkovnikov
4700
Resposta do desenvolvedor Anton Polkovnikov 2022.09.14 09:05
¿Su corredor emite los ticks necesarios para que el script funcione?
maxi21
73
maxi21 2022.07.08 20:19 
 

не работает

qadexys
58
qadexys 2021.11.03 11:56 
 

Отличный советник!

Igor Tereshin
20
Igor Tereshin 2021.10.30 23:46 
 

Браво!

SibTrading
14
SibTrading 2021.10.24 11:44 
 

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