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Renko bars builder

4.2

The indicator builds a Renko chart in the sub window for the current symbol. The bars are formed from live data and the desired bar size can be set in the inputs tab.

Most importantly, because the Renko chart only uses price to construct bars and ignores time, the indicator can be applied to any time frame and same results can be achieved.

Recommended usage

As Renko charts are famous for eliminating noise so traders can use this tool to see clear picture of the trend to help their analysis, entries & exits. 

Parameters

  • Bar length in points
  • Bullish bar color
  • Bearish bar color
  • Bar width
Comentários 8
Francisco Rayol
6532
Francisco Rayol 2023.10.11 19:44 
 

Great indicator!

zofesu
350
zofesu 2023.04.04 22:35 
 

Excellent plugin for removing noise, it's a bit of a shame that after turning off MT4 and turning it on again, the data disappears and I have to wait for the new current data to be loaded. I haven't found any better option yet, that's why 5 stars

Wojciech
146
Wojciech 2021.10.29 08:02 
 

You did a really great job. Perfect indicator, easy to install, works flawlessly. Thank you.

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Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
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Currency Strength Wizard é um indicador muito poderoso que fornece uma solução completa para uma negociação bem-sucedida. O indicador calcula o poder deste ou daquele par forex usando os dados de todas as moedas em vários intervalos de tempo. Esses dados são representados em uma forma de índice de moeda fácil de usar e linhas de energia de moeda que você pode usar para ver o poder desta ou daquela moeda. Tudo o que você precisa é anexar o indicador ao gráfico que deseja negociar e o indicador mo
Tendência do ouro   - este é um bom indicador técnico de acções. O algoritmo do indicador analisa o movimento do preço de um ativo e reflecte a volatilidade e as potenciais zonas de entrada. Os melhores sinais do indicador: - Para VENDER = histograma vermelho + ponteiro SHORT vermelho + seta de sinal amarelo na mesma direção. - Para COMPRAR = histograma azul + ponteiro LONGO azul + seta de sinal aqua na mesma direção. Vantagens do indicador: 1. O indicador produz sinais com elevada precis
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Horizontal volume bars, Cluster analysis, Volume profile Volume in Range gets information about the accumulated volume in a specified vertical range and period in bars. The received data is then plotted on the chart as rectangular boxes with the volume quantity inside. Usage:- The tool acts as a support resistance levels but most importantly it should be used to check in which direction the price breaks out of the significant levels formed by this indicator and then actions to be taken on correc
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Price breakouts, Levels, Multi-time frame Inside bars checks for price failure to break from the previous high/low and on breakout draws a breakout box on the chart. The choice of breakout price is given to the user i.e. close or high/low of bar. Alerts can be received on breakouts. Features:- Multi-time frame Alerts, notifications & emails Usage:- Breakout signals Check how price action is evolving with the help of boxes Get multi-time frame bias
Market Fractal Analysis, Fractal Swing, Market Flow Fractal Cycles looks for Similar Patterns in the Market that repeat themselves because of the Market Fractal Nature. These patterns are displayed with help of Graphical Objects and Alerts can be received on their arrival. Read the Blog for full information. Features:- Auto Detection of Patterns Customization for Color and Line Styles Alerts, Emails & Push Notifications 
50+ Candlestick Patterns, Simulated Trading Results, Top Five Performers Candle Analysis extends Candlesticks Pattern Analysis by not only identifying Patterns but also recording the Past Performance of the Patterns. What it Does:- Identifies and plots results on chart Displays Top Patterns for both Bullish and Bearish type.  Log can be printed in experts tab to see Simulated Trading results Displays All or Selected Patterns Alerts on Pattern formation More detailed information in Blog
Stochastic force is an advanced version of the stochastic oscillator. Instead of using the regular price a more efficient price data is provided as an input for the oscillator which takes into account the price efficiency, volume and market noise. Also price is pre-filtered with the selected average type and then post-filtered by a hull moving average which provides a smooth transition of the oscillator. It eliminates maximum false signals and has the potential to become an integral part of any
The indicator helps the trader in identifying potential liquidity levels. The algorithm used in this indicator checks the behavior of the asset taking into account the price levels, momentum and volume analysis. Features:- Parameters for signal optimization and alerts. Usage:- The levels formed by the indicator can be helpful to traders in identifying potential entries, breakouts or reversals. it can assist traders of technical trading background or even pure price action trading.
IBB Candles is a tool that is based on the concept of Inverse Bollinger Bands. It compares price relative to state of the bands and plots candles with different colors defining the current state of the market i.e range | trend | strong trend. As the name suggests IBB(Inverse Bollinger Bands) is a technique which is completely different from the traditional Bollinger Bands and proves to be much more effective in analyzing market. This personal implementation makes this tool a more reliable optio
Horizontal volume bars, Cluster analysis, Volume profile Volume in Range gets information about the accumulated volume in a specified vertical range and period in bars. The received data is then plotted on the chart as rectangular boxes with the volume quantity inside. Usage:- The tool acts as a support resistance levels but most importantly it should be used to check in which direction the price breaks out of the significant levels formed by this indicator and then actions to be taken on correc
Market structures, Market balance, Range breakouts This tools helps to identify areas of market ranges, structures and plots colored boxes on breakout of those areas. User is given the option to receive alerts and notifications on the formation of the blocks. The tool has the ability to become an essential part of a technical trading system or even pure price action trading. Usage:- An essential tool for price action or technical traders.  More information in the blog
Market Fractal Analysis, Fractal Swing, Market Flow Fractal Cycles looks for Similar Patterns in the Market that repeat themselves because of the Market Fractal Nature. These patterns are displayed with help of Graphical Objects and Alerts can be received on their arrival. Read the   Blog   for full information. Features:- Auto Detection of Patterns Customization for Color and Line Styles Alerts, Emails & Push Notifications
The indicator is designed to detect range market or consolidation areas on the chart. It does this by using the market volatility and price momentum. The indicator signals the start and stop of the range with icons on the chart and various  type of alerts options provided in the input settings. Usage: The indicator can be used to check the state of the market i.e. trending or ranging to make appropriate decision and use strategies designed for specific market state. Please see the attached video
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Print2D
89
Print2D 2025.03.20 20:40 
 

Terrible. I don't have bars.

Navdeep Singh
39999
Resposta do desenvolvedor Navdeep Singh 2025.03.21 02:55
You should have read the description before downloading this free indicator "The bars are formed from live data and the desired bar size can be set in the inputs tab." It clearly states that bar are from "live data" when "input bar size" is formed
Francisco Rayol
6532
Francisco Rayol 2023.10.11 19:44 
 

Great indicator!

zofesu
350
zofesu 2023.04.04 22:35 
 

Excellent plugin for removing noise, it's a bit of a shame that after turning off MT4 and turning it on again, the data disappears and I have to wait for the new current data to be loaded. I haven't found any better option yet, that's why 5 stars

Navdeep Singh
39999
Resposta do desenvolvedor Navdeep Singh 2023.04.08 07:08
MT4 doesn't store tick data so the indicator resets whenever it is reinitialized due to any reason. There are some possible ways to store data and avoid that is some cases, if got time will see what can be done in future.
thaibreaker535
39
thaibreaker535 2022.06.24 05:16 
 

Terrible indicator, constantly freezes my computer.

Navdeep Singh
39999
Resposta do desenvolvedor Navdeep Singh 2022.06.24 05:47
Are you sure it is this indicator that freezes your PC.
John Winsome Munar
3471
John Winsome Munar 2022.06.14 14:38 
 

O usuário não deixou nenhum comentário para sua avaliação

Wojciech
146
Wojciech 2021.10.29 08:02 
 

You did a really great job. Perfect indicator, easy to install, works flawlessly. Thank you.

marek1952
196
marek1952 2021.08.20 08:31 
 

super indicaror for scalping

lywer
179
lywer 2021.08.15 19:16 
 

very good indicator.but it does not work.i can see dhe indicator sometimes only for a very short period of time.most of the time i see only the vertical lines.

Navdeep Singh
39999
Resposta do desenvolvedor Navdeep Singh 2021.08.16 17:54
How is it very good and doesn't work at the same time. Please explain.
Share a screenshot if possible so i can rectify it.
Edit:- Try the new version. Display issue fixed.
Responder ao comentário
Versão 1.1 2021.08.16
Display issue fixed