This is my Renko charts adaptation in the indicator form that plots the renko bars in it’s indicator sub window.
Easy and handy.
Those who trading Renko charts, I know that pain in the ass with creating offline custom charts, babysitting their updates, facing bugs and freezes etc.
Pips – Renko bar size in Pips
ClosedBarCalc – if true exclude from calculation current bar, it turns off repainting on current bar but can lag couple of renko bars
BullishBarColor – color of bullish renko bar
BearishBarColor – color of Bearish renko bar
You can apply it to any chart timeframe by default it looking for price quotes from m1 chart timeframe.
PRO TIP :
You can get a signal from a combination of indicators.
Follow the link to learn how to combine two or more signal alert indicators together http://projectreaper.pw/en/how-to-combine-two-or-more-signal-alert-indicators-together/
How to install :
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address
How to find Data folder :
in the terminal click File menu – Open Data Folder