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Renko Graph

Renko graph

The Renko indicator in the main chart window at the location with the current price.

The indicator displays price changes in the form of rectangles ("bricks") against the background of a regular quote chart. The upward movement of the price, by the number of points specified in the settings, is marked by adding above the previous next rectangle, and downward movement - below the previous rectangle.

The indicator is designed to visually identify the main trend. Used to identify key support and resistance levels as it averages the underlying trend. This view does not take into account small price fluctuations ("noise"), which allows you to focus on the really significant movements.

A new indicator value above or below is plotted only if the price movement has exceeded the specified threshold level. The size of which is set in the settings and is always the same. For example, if the base size is 10 points, and the price has risen by 20, then 2 indicator values will be drawn up.

The advantage of the indicator is that any of the bricks can show the duration of the time of its formation. If the price fluctuated within a range, did not grow and did not fall by the value of the threshold, then the brick will remain without price changes all this time.

Description of indicator settings

  • Cell - threshold level or height of rectangles (bricks), in points (for example, 10 points).
  • RenkoPrice - based on which prices the indicator is built, High_Low - maximum and minimum price values, _Close - based on closing prices.

If the indicator overlaps the price chart, check the Chart on foreground value in the chart settings.


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PZ TRADING SLU
3.67 (3)
Capture every opportunity: your go-to indicator for profitable trend trading Special Offer: Purchase now to receive free bonuses worth $109! (Read more for details) Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial
Bill Williams Advanced
Siarhei Vashchylka
5 (8)
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
IX Power MT5
Daniel Stein
4.17 (6)
IX Power ile tanışın - ticaret hassasiyetinizi güçlendirmek için nihai araç! FX Power ile aynı rakipsiz doğrulukla tasarlanan IX Power, endeksler ve hisse senetlerinden emtialara, ETF'lere ve hatta kripto para birimlerine kadar her türlü işlem sembolünde uzmanlaşmanızı sağlar. Tüm favori varlıklarınızdaki kısa, orta ve uzun vadeli trendler hakkında kesin bilgilerle ticaretinizi yükseltmeye hazır olun. Neden IX Power'ı Seçmelisiniz? IX Power ile zamanlamanız keskinleşir ve daha akıllı, daha hı
PZ Day Trading MT5
PZ TRADING SLU
2.83 (6)
Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $60! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Upd
SS7Trader'ın Neural FX Indicator ile yapay zekanın gücünü keşfedin! Bu ileri düzey, yapay sinir ağlarıyla desteklenen araç, Forex, Hisse Senetleri, Kripto Para Birimleri, Endeksler ve XAUUSD gibi birçok piyasada işlemlerinizi optimize etmek için tasarlanmıştır. Güçlü göstergemiz, sabit kalan ve yeniden çizilmeyen net Alım ve Satım sinyalleri sunarak gerçek zamanlı olarak kendinize güvenerek karar almanızı sağlar. Neural FX Indicator , yalnızca MetaTrader 5 (MT5) platformunda kullanılabilir ve dü
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
Şimdi 147 $ (birkaç güncellemeden sonra 499 $ 'a yükseliyor) - Sınırsız Hesaplar (PC'ler veya Mac'ler) RelicusRoad Kullanım Kılavuzu + Eğitim Videoları + Özel Discord Grubuna Erişim + VIP Durumu PİYASAYA BAKMAK İÇİN YENİ BİR YOL RelicusRoad, forex, vadeli işlemler, kripto para birimleri, hisse senetleri ve endeksler için dünyanın en güçlü ticaret göstergesidir ve yatırımcılara kârlı kalmaları için ihtiyaç duydukları tüm bilgileri ve araçları sağlar. Başlangıç ​​seviyesinden ileri seviyey
Advanced Supply Demand MT5
Bernhard Schweigert
4.5 (14)
Herhangi bir Acemi veya Uzman Tüccar için En İyi Çözüm! Bu gösterge benzersiz, yüksek kaliteli ve uygun fiyatlı bir ticaret aracıdır çünkü bir dizi tescilli özelliği ve yeni bir formülü bir araya getirdik. Bu güncelleme ile çift zaman dilimi dilimlerini gösterebileceksiniz. Yalnızca daha yüksek bir TF gösteremeyeceksiniz, aynı zamanda TF grafiğini ve ARTIK daha yüksek TF'yi de gösterebileceksiniz: YUVARLAK BÖLGELERİ GÖSTERMEK. Tüm Arz Talebi tüccarları buna bayılacak. :) Önemli Bilgiler Açıkland
Blahtech Supply Demand MT5
Blahtech Limited
4.54 (13)
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Quantum Heiken Ashi PRO MT5
Bogdan Ion Puscasu
4.44 (9)
Quantum Heiken Ashi PRO ile   tanışın Pazar eğilimleri hakkında net bilgiler sağlamak üzere tasarlanan Heiken Ashi mumları, gürültüyü filtreleme ve yanlış sinyalleri ortadan kaldırma yetenekleriyle ünlüdür. Kafa karıştırıcı fiyat dalgalanmalarına veda edin ve daha sorunsuz, daha güvenilir bir grafik sunumuna merhaba deyin. Quantum Heiken Ashi PRO'yu gerçekten benzersiz kılan şey, geleneksel şamdan verilerini okunması kolay renkli çubuklara dönüştüren yenilikçi formülüdür. Kırmızı ve yeşil çubukl
Yazarın diğer ürünleri
Line Profit
Iurii Tokman
5 (3)
Line Profit   Indicator of the visual line of profit in the deposit currency. Works only if there are open positions in the market for the symbol on which the indicator is installed. You can move the line with the mouse or enable automatic tracking of the Bid price. Description of indicator settings: colotLine - line color WidthLine - line width colotText - text color FontSize - the height of the text Anchor - an anchor method for text FollowBid - follow the Bid price
FREE
ChannelRSI5
Iurii Tokman
5 (5)
ChannelRSI5   The Relative Strength Index (RSI) indicator with dynamic levels of overbought and oversold zones. Dynamic levels change and adjust to the current changes in the indicator and prices, and represent a kind of channel. Indicator settings period_RSI - Averaging period for calculating the RSI index. applied_RSI - The applied price. It can be any of the price constants: PRICE_CLOSE - Closing price, PRICE_OPEN - Opening price, PRICE_HIGH - Maximum price for the period, PRICE_LOW - Minim
FREE
Pyramid MA - Characteristics of the EA: uses Moving Averages (MA) indicator. Changes order grid when a trend reverses. Exponent of order volume increase by the main trading grid against averaging positions. Works on pending BUYSTOP and SELLSTOP orders. Uses a system of averaging losses which controls a balance of open trades and moves it to breakeven. Sound alert about open and completed trades. You can easily create your own trading strategy on the basis of PYRAMID MA. Expert Advisor settings
StopLevel   The meter controls the STOPLEVEL level. When the level changes, it signals with an alert. STOPLEVEL - the   minimum offset in points from the current closing price for placing Stop orders, or the minimum allowable stop loss / take profit level in points. A zero value of STOPLEVEL means either the absence of a restriction on the minimum distance for stop loss / take profit, or the fact that the trading server uses external mechanisms for dynamic level control that cannot be transmitte
FREE
The Crazy Scalper trading robot does not use any indicators. It utilizes a scalping system, which trades in two directions simultaneously (buys and sells). Two opposite positions cannot bring profit at the same time, one of them will be losing. If there is a losing position, a lock is used. If the locking position fails and price reverses to the opposite, teh robot moves it to breakeven using the averaging system and pending orders. Settings TakeProfit = 3; - the take profit in points; Lock_Le
MovingInWL   The Expert Advisor is designed to move the stop of open positions to no loss when they reach a certain predetermined profit level. Description of the advisor settings: MagicNumber - order identifier LevelProfit - The level of profit in points that the position must reach in order for its stop to be moved to the level without loss. LevelWLoss - The level without loss in points, to which the stop position will be transferred after its profit reaches the   LevelProfit   level in points
FREE
No indicator trading system. The work uses pending orders BUY STOP and SELL STOP. Description of the advisor settings: Lot - starting volume of orders StartDist - distance to start pending orders OrdersDist - distance between orders Countlimitorders - the number of simultaneously open orders ProfPercent - profit level as a percentage MagicNumber - advisor orders identifier lot_ratio - multiplier for order lots
Shadow Height mt5   Shadow indicator. Displays the size of candlestick shadows, in points, as a histogram. Works in two modes, user-selectable. Description of indicator settings Mode - indicator operation modes, two modes: first height - display mode for upper and lower candlestick shadows; the second difference is the mode of displaying the difference in candlestick shadows, the difference between the upper and lower candlestick shadows.
FREE
Comb
Iurii Tokman
The indicator displays a grid in the form of a "honeycomb" or regular hexagon. An alternative to the standard grid of the terminal. Description of the indicator settings: color_comb - grid color width - width, for example: 22 for a screen resolution of 1920*1080, 15 for a screen resolution of 1366*768, etc. height - height, for example: 6 for a screen resolution of 1920*1080, 4 for a screen resolution of 1366*768, etc.
FREE
Robo T Expert Advisor is a non-indicator trading system. Expert Advisor settings: Level_ord - distance from the current price for placing initial pending Buy Stop and Sell Stop orders, the default value is 22. Lot_1 - initial lot for buy series, the default value is 0.1. Lot_2 - initial lot for sell series, the default value is 0.1. TakeProfit - profit level, the default value is 30. TSProfitOnly - only profit is trailed. If disabled, trailing is also performed in the negative stop-loss area. Th
Hammering is an automated trading system which works on any currency pair. Multi-currency and single-currency trading is performed. Making decisions the EA uses signals of the Slope Direction Line indicator. Settings. Profit_Percent_AccountEquity = 0.4; - profit as percentage of free margin Fix_AccountEquity = 0; - fixed level of free margin FIX_PROFIT = 1000; - fixed level of profit period = 55; - indicator period. FilterNumber = 2; - indicator filter. ma_method = 3; - indicator averaging metho
ROBO GRID FX is a grid Expert Advisor. It is developed for intraday trading in the active market and on fast currency pairs. This is a grid EA with a closed-loop averaging system. The closed-loop averaging system represents a stable strategy of moving to breakeven in case of the deposit drawdown on fast and aggressive currency pairs. The EA places a grid of pending orders in both directions and locks it on the breakthrough of a quote fluctuation in the channel of 40-60 points in case of an unrpo
The Expert Advisor is based on the indicator analysis. Trading decisions are made using Moving Average values. Indicators can be configured by external variables: TF = 0 - select a working timeframe. It can be one of the chart periods. 0 means the current chart period. 1 - 1 minute. 5 - 5 minutes. 15 - 15 minutes. 30 - 30 minutes. 60 - 1 hour. 240 - 4 hours. 1440 - 1 day. 10 080 - 1 week. 43 200 - 1 month. shift = 0 - index of obtained value from the indicator buffer (shifting back by specified
Forex Jumper is an Expert Advisor for trading EURJPY. Candlestick pattern analysis is used for generating trading signals. The EA uses BUYSTOP and SELLSTOP pending orders. Settings: Lot = 0 - manual setup of the opened orders' volume Risk = 13 - MM risk percentage, the parameter works if Lot = 0 MagicNumber = 208 - ID of EA orders and positions, magic number TP = 20 - virtual profit level in points if there is a single unidirectional open position on the market TP2 = 20 - virtual profit level in
Bands Jazz EA is based on the analysis of the Bollinger Bands indicator. The EA algorithm is simple - it uses Stop Loss, Take Profit and Trailing Stop. Settings TimeBeginHour —trading start hour. Values 0 to 24. TimeBeginMinute —trading start minute. Values 0 to 60. TimeEndHour —trading end hour. Values 0 to 24. TimeEndMinute —trading end minute. Values 0 to 60. period —averaging period for Bollinger Bands calculations. deviation —number of standard deviations from the main line for Bollinger
Smart YTG
Iurii Tokman
4.67 (6)
Smart YTG has been developed for trading GBPUSD on the H1 chart. This is a trend following system and works well during trending price behavior using STOP orders. It detects trend by analyzing the Price Channel indicator which is built straight into the Expert Advisor, therefore you do not need to additionally install any indicator. On the flat areas where the market is undecided, and further movement of the market is being determined, a breakeven function is activated, and if there are open pos
The Eureka Lock Expert Advisor detects flat price movement intervals relative to the specified settings. Trading is performed by BUY STOP and SELL STOP pending orders from the borders of the defined flat. Instead of limiting the losses, a loss-making position is locked by an increased volume. A virtual profit level is used as well. Settings: TF_flet = 15 - timeframe a flat is detected at Bars_flet = 25 - amount of bars for a flat detection extern int Size_flet = 30 - distance limit between the
The product shows general information in a single chart window. It is convenient when you trade many symbols simultaneously. The indicator shows the total number of positions and pending orders. The following info is displayed for opened positions: symbol, amount of opened buy orders for this symbol and their total profit in deposit currency, amount of opened sell orders and their total profit, total profit of opened buy and sell orders. The following info is displayed for pending orders: symbol
Moving Average. Calculation method: average value of all prices used for determining a bar. Description of External Settings of the EA: MA_period - period of averaging for calculation of the indicator. Recommended values: 5, 13, 21, 34. ma_method - averaging method. It can have any values ​​of the Moving Average method (Moving Average). 0 - (SMA) Simple Moving Average. 1 - (EMA) Exponential Moving Average. SMMA 2 - (SMMA) Smoothed Moving Average. LWMA 3 - (LWMA) Linear weighed Moving Average.
Description of the Settings: MA_period_fast - The period of averaging for calculation of fast Moving Average. MA_period_slow - The period of averaging for calculation of slow Moving Average. price - price used. It can be any of the price constants. 0 - (CLOSE) Close price. 1 - (OPEN) Open price. 2 - (HIGH) The maximum price. 3 - (LOW) The minimum price. 4 - (MEDIAN) The average price, (high+low)/2. 5 - (TYPICAL) Typical price, (high+low+close)/3. 6 - (WEIGHTED) Weighed close price, (high+low+clo
The Piramida Grid EA analyzes the values of the Slope Direction Line indicator for determining position entry. The grid of orders changes once the market reverses. Works on pending BUYSTOP and SELLSTOP orders. Uses a system of averaging losses which controls a balance of open trades and moves it to breakeven. Automatic detection of 4 and 5 decimal places. Expert Advisor Setup: period = 32; - period for the Slope Direction Line indicator FilterNumber = 2; - Slope Direction Line filter setup ma_
The Martin Pristine trading robot analyzes the signals of the Price Channel Central indicator for trading decisions. No need to additionally attach the indicator to a chart, it's built into the Expert Advisor. After each losing trade, the lot is multiplied by 2. This Expert Advisor can detect 4 and 5-digit quotes automatically. Only one position can be open in the market at the same time. Expert Advisor settings: TF = 15; - select the chart timeframe for Price Channel Central Bars_Count = 100;
The Future Price indicator shows the probable variants of a future price movement based on the searching for matches in the quotes history. The indicator works in two modes: the first iterates over and displays the specified number of variants, the second - the indicator displays one specified variant. Settings Static_VARIANTS = 0; - display a specific variant; if = 0, iterates over all variants TOTAL_VARIANTS = 20; - the number of variants in the set, not greater than 30 is recommended Time_S
This is a semi-automatic trading robot. Buttons are used to open/close positions. Further position tracking is performed automatically by virtual profit level. Loss-making positions are averaged by increased/decreased lots. The buttons do not work in the strategy tester meaning that you can check the EA only on demo and real accounts. Special settings OPEN_BUY and OPEN_SELL can be used to test the EA in the strategy tester. Settings MagicNumber - identifier of the EA's orders. The robot works
The indicator determines flat areas of the price movement according to the specified parameters. Settings: FletPips - limit in points for determining the flat FletBars - limit in number of bars for determining the flat CountBars - number of bars in history for the analysis of price movement. 0 - all bars in history are analyzed colir - color of the price section determined as flat Dop - additional drawing of price labels Alerts - display a dialog box with custom data Text - custom text for notif
Bar Boss
Iurii Tokman
5 (1)
The Expert Advisor uses the FletBoxPush indicator for market analysis and for determining trading signals. The indicator is built into the Expert Advisor, there is no need to additionally run it on a chart. The EA trades breakouts of certain levels determined as flat borders. The EA uses Stop Loss. Description of EA Parameters TimeFrames chart period required for the indicator colour - the color of the price zone defined as flat, a setting for the indicator Rectangle - show price zones defined
BarKhan
Iurii Tokman
The BarKhan indicator is calculated as sum of differences of three digital moving averages. The calculation formula is as follows: the difference of digital moving averages 1 and 2 is added to the difference of digital moving averages 2 and 3 Description of the indicator settings: MA_Period1 - the period of the first digital moving average MA_Period2 - the period of the second digital moving average MA_Period3 - the period of the third digital moving average
Octet
Iurii Tokman
Multi-currency indicator, analyzes 56 currency pairs simultaneously. It is important that all currency pairs are selected in the market watch with their history data downloaded. The indicator shows a rise or fall of a certain currency against the other 7 currencies as a total in the form of a line. The indicator values are expressed as a percentage. Description of the indicator settings Type_Calculation - three options for calculating the percentage of the currency rise or fall Prefix - used w
Multi-currency indicator, analyzes 56 currency pairs simultaneously: AUD EUR GBP NZD CAD CHF JPY USD AUD SUMM EURAUD GBPAUD AUDNZD AUDCAD AUDCHF AUDJPY AUDUSD EUR EURAUD SUMM EURGBP EURNZD EURCAD EURCHF EURJPY EURUSD GBP GBPAUD EURGBP SUMM GBPNZD GBPCAD GBPCHF GBPJPY GBPUSD NZD AUDNZD EURNZD GBPNZD SUMM NZDCAD NZDCHF NZDJPY NZDUSD CAD AUDCAD EURCAD GBPCAD NZDCAD SUMM CADCHF CADJPY USDCAD CHF AUDCHF EURCHF GBPCHF NZDCHF CADCHF SUMM CHFJPY USDCHF JPY AUDJPY EURJPY GBPJPY NZDJPY CADJPY CHFJPY SUM
The Expert Advisor does not use indicator, it is always in the market. The logic of the EA is based on the analysis of the previously opened orders present in the market. Expert Advisor settings: StopLoss_Percent - loss level in percent TakeProfit - profit level in points Risk - setting for automatic calculation of order volumes for the EA, works if LOT =0 LOT - fixed volume of orders Slippage - maximum allowed price slippage MagicNumber - magic number for EA's orders Show_Information - enable o
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