RenkoChart - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Renko charts are built based on custom symbols. The EA automatically creates custom symbols. The EA works based on tick history. Renko charts have ticks and real volume (if available). The chart is constructed based on the last price or bid price.
When the EA is running, the chart runs in real-time mode. The obtained symbols can be used in the tester, but only on the opening price and on each price tick.
Important! The chart is displayed correctly only on М1.
Attachment download
📎 customsymbols.mqh (11.42 KB)
📎 renkochart.mq5 (16.71 KB)
Source: MQL5 #21920
RenkoChart - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resource usage and screening suggestions
RenkoChart - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resources are MT5 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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