• Overview
  • Reviews (3)
  • Comments (7)

RenkoChart EA

4.33

The RenkoChart tool presents an innovative and highly flexible approach to visualizing market data in MetaTrader 5.

This expert creates a custom symbol with Renko bricks directly on the chart, displaying accurate prices at the respective opening date/time for each brick. This feature makes it possible to apply any indicator to the Renko chart.

Furthermore, this tool also allows access to historical brick data through native methods in the MQL5 programming language, such as iOpen, iHigh, iLow and iClose, for example.


Note:

  • The renko generated at expert startup offers up to 95% accuracy for small renkos (5R) and 100% accuracy for larger renkos (from 10R) when compared to other platforms such as TradingVIEW.
  • During trading hours, the renko generated has 100% accuracy, as it uses trading ticks received from the platform in real time as a data source.
  • The time required to generate the Renko chart when starting the expert varies depending on some factors: number of bars on the 1-minute chart, and the size of the brick. For bricks smaller than 5R, it often takes a few seconds or minutes, while for larger bricks, the graph is generated almost instantly.


Input Parameters:

  • Type (Ticks, Pips, Points or R. Default is Ticks)
  • Size (default is 20)
  • Show Wicks (default is true)
  • Timer to update the chart (in milliseconds)










Reviews 3
acessolegal
30
acessolegal 2024.08.01 04:02 
 

estou fazendo estudo, mas muito top mesmo

Herb Wenzel
173
Herb Wenzel 2024.03.21 17:41 
 

Whether your familiar with Renko charts or not this is a MUST have utility. Renko charts filter out the noise, clearly show support and resistance levels and make price patterns obvious. Unfortunately no developers allow the addition of indicators to Renko charts. This utility solves that issue. I’ve significantly increased my weekly ROI using this utility! Its only weakness is that neither quick trade buttons or trade levels appear on the chart. You need to use a conventional chart for that.

GilmarcioCruz Jesus
52
GilmarcioCruz Jesus 2024.08.01 16:01 
 

Estou testando, mas ate o momento excelente ferramenta

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Introducing the Order Manager : A Revolutionary Utility for MT5 Manage your trades like a pro with the all-new Order Manager utility for MetaTrader 5. Designed with simplicity and ease-of-use in mind, the Order Manager allows you to effortlessly define and visualize the risk associated with each trade, enabling you to make informed decisions and optimize your trading strategy. For more information about the OrderManager, please refear to the manual. [ Demo ]  [ Manual ]  [ MT4 Version ]  [ Teleg
Trend Line Optimizer MT5
Evgenii Aksenov
4.56 (9)
Utilities
This is an automatic parameter optimizer for the Trend Line PRO indicator Easily and quickly you will select the optimal parameters for your favorite Trend Line PRO indicator.  Optimization takes only a few seconds. The optimizer allows you to find the best parameters for each pair and period: Amplitude, TP1-TP3, StopLoss, as well as values for Time Filter and HTF Filter on the selected history section (Days)  To optimize different timeframes, you need a different range of history: M5-M15 set
KT Equity Protector MT5
KEENBASE SOFTWARE SOLUTIONS
5 (1)
Utilities
KT Equity Protector EA consistently monitors the account equity and closes all the market and pending orders once the account equity reached a fixed equity stop loss or profit target.  After closing all trading positions, the EA can close all open charts to stop other expert advisors from opening more trading positions. Equity Stop-Loss If your current account balance is $5000 and you set an equity stop loss at $500. In this case, the KT Equity Protector will close all the active and pending
Trade Manager EA for MT5
Odaine Ramon Mcmillan
4.58 (12)
Utilities
50% Off Today Only! Price Goes Back Up at 11 PM (EST) Marketkeys Trade Manager EA for MT5: Your Pathway to Forex Trading Mastery What Traders Are Saying: "Much better than lots of other trade managers I've tested..." – R Vdr "Saves me time from manually calculating lots sizes and risks...amazing support." – Richard Obi Efficiency and precision are paramount in Forex trading. Marketkeys Trade Manager EA for MT5 offers just that - a seamless interface combined with robust risk management tools
RiskGuard Management
MONTORIO MICHELE
5 (14)
Utilities
ATTENTION the expert does not work in strategy tester, for a trial version visit my profile. Manual RiskGuard Management   RiskGuard management was born with the idea of ​​helping traders from their initial journey to becoming expert and aware traders. Compatible with any operating system whether Mac or Windows. The operations panel is integrated into the graph giving the possibility to choose size and position between right and left, while the various buttons light up when they can be used,
Seconds Chart MT5
Boris Sedov
4.53 (15)
Utilities
Seconds Chart — timeframes in seconds for MetaTrader 5. The utility allows you to create charts in the MetaTrader 5 terminal with a timeframe in seconds. The timeframe on such a chart is set in seconds, not in minutes or hours. Thus, you can create charts with a timeframe less than M1. For example, S15 is a timeframe with a period of 15 seconds. You can apply indicators, Expert Advisors and scripts to the resulting chart. You get a fully functional chart on which you can work just as well as on
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Color Donchian Channel
Paulo Henrique Da Silva
Indicators
This indicator draws the Donchian Channel, filling the background with colors. The color of the middle line is changed following the current trend, based on the standard interpretation of the Donchian Channel. Input Parameters: Period of the Channel   (default is 20) Validate Signals   (boolean value to filter out false breakouts, default is false) Background Settings Show Background   (default is true) U ptrend Color (default is DodgerBlue ) Downtrend Color (default is Orchid) Background Tr
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Candle Colors
Paulo Henrique Da Silva
Indicators
The Color Candles Indicator uses custom colors to highlight candles that follow the main market trend, based on the Moving Average. This simplifies the analysis of price movements, making it clearer and more direct. When the price is above the rising Moving Average, candles are highlighted indicating a BUY opportunity. When the price is below the declining Moving Average, candles are highlighted indicating a SELL opportunity. Input Parameters : Period Method Applied Price The moving avera
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Color SAR
Paulo Henrique Da Silva
5 (1)
Indicators
This indicator draws the Parabolic SAR. Top and bottom lines with customizable colors. With an additional parameter called “Validate Signals”, which identifies false breakouts and changes the color of the line to gray. Input Parameters: Step ( default is 0.02 ) Maximum   ( default is 0.2 ) Applied Price High  ( default is High price) Applied Price Low  (default is Low price) Validate Signals   (boolean value to filter out false breakouts, default is true)
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Timeframe On Chart
Paulo Henrique Da Silva
Utilities
A simple indicator/tool to display the current timeframe in the center of the chart. The object is automatically moved to the center of the chart whenever the chart size is changed by the user. Input  Parameters : Font (default is Arial Black) Font Size (default is 50) Font Color (default is Silver, for light theme graphics, change to black or another dark color) Font Transparency (default is 90%)
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GilmarcioCruz Jesus
52
GilmarcioCruz Jesus 2024.08.01 16:01 
 

Estou testando, mas ate o momento excelente ferramenta

acessolegal
30
acessolegal 2024.08.01 04:02 
 

estou fazendo estudo, mas muito top mesmo

Herb Wenzel
173
Herb Wenzel 2024.03.21 17:41 
 

Whether your familiar with Renko charts or not this is a MUST have utility. Renko charts filter out the noise, clearly show support and resistance levels and make price patterns obvious. Unfortunately no developers allow the addition of indicators to Renko charts. This utility solves that issue. I’ve significantly increased my weekly ROI using this utility! Its only weakness is that neither quick trade buttons or trade levels appear on the chart. You need to use a conventional chart for that.

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