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KT Renko Live Charts MT5

KT Renko Live Chart utility creates the Renko charts on MT5 that can be further used for speculation or live trading. The Renko chart created by this utility supports most of the custom indicators and automated Expert Advisors.

Fully compatible with our Renko Patterns indicator and Renko Patterns EA.


Features

  • A simple and straightforward Renko utility that provides the Renko chart on MT5 without any complicated settings.
  • It supports most of the custom indicators and Expert Advisors for 100% automated trading.
  • Ability to backtest on Renko chart using the strategy tester. 
  • Renko wicks can be turned on/off.

Input Parameters

  • Renko Box Size in Pips: Insert the Renko Box/Brick size in pips that will be used to create the Renko chart.
  • Show Wicks: Turn the Renko wicks on or off.

Troubleshooting

Q. The Renko chart is not getting any new ticks.

A. Close the parent and offline chart both. Restart the Metatrader, and generate the chart again.


Q. The generated chart seems incomplete and distorted.
A. Please make sure the parent chart has enough historical data available according to the chosen brick/box size.


Q. Why trading positions are not visible on the Renko chart?
A. MT5 handles the Renko chart as a separate symbol. You can use the custom indicator or EA on it without any issue, but the trading positions will be visible only on the original chart.

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Phs Francis
24
Phs Francis 2024.10.11 00:34 
 

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KEENBASE SOFTWARE SOLUTIONS
47719
Réponse du développeur Nitin Raj 2024.10.11 12:37
Dear Phs Francis, Thank you for your feedback. I truly appreciate you bringing this to my attention. I’m sorry to hear that your experience with the product has been frustrating. To clarify, EAs can indeed work on custom Renko charts, but you are correct in pointing out a key detail—manual input of the symbol name is required in the EA settings. By default, many EAs try to fetch the symbol from the chart window, which may display names like EURUSD_10_PIPS(Renko chart) that don’t exist on your broker's server. This is where manually inputting the correct symbol name becomes crucial. I completely understand that this should have been better explained in the product description, and I apologize for the oversight. I’ll make sure this information is communicated moving forward, and I’d be happy to assist you personally in setting it up if needed. Your satisfaction is important to me, and I’m committed to making sure the product works as expected for you. Best regards,
Nitin
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scottonamission
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scottonamission 2021.06.26 22:53 
 

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KEENBASE SOFTWARE SOLUTIONS
47719
Réponse du développeur Nitin Raj 2021.07.20 17:41
That is not a bug. MT5 considers the Renko chart as a separate custom symbol. That's why one-click trading doesn't work, and trade levels don't show up on the Renko chart.
Evgeny Belyaev
88855
Evgeny Belyaev 2021.06.14 00:16 
 

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KEENBASE SOFTWARE SOLUTIONS
47719
Réponse du développeur Nitin Raj 2021.06.16 10:31
Thanks, Evgeny :)
Dener Jose De Souza
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Dener Jose De Souza 2021.05.14 18:07 
 

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21
mariofo 2021.03.27 14:40 
 

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27138469
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Wan Ping Fei 2020.12.19 14:16 
 

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