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Mean Renko Generator for Metatrader MT4 Terminal for Windows

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Used Mean Renko Generator for Metatrader MT4 Terminal for Windows?

Editors’ Review

Download.com staff
This Metatrader MT4 indicator generates live Mean Renko charts. It offers an alternate price charting method, ignoring time to display price movement using equal-sized bricks. It enhances MT4's analytical capabilities.

  • Pros

    • Generates live Mean Renko charts for Metatrader MT4.
    • Provides time-independent price charting with equal-sized bricks.
    • Integrates Mean Renko charting directly into MT4.
    • Supports multiple Mean Renko generators on one chart.
    • Restores historical data and paints live charts.

  • Cons

    • Brick size customization details are not specified.
    • Does not mention alert functionality or signals.
    • No information regarding integration with trading strategies.
    • Exclusive to the Metatrader MT4 platform.
Icon of program: Mean Renko Generator for …

Mean Renko Generator for Metatrader MT4 Terminal for Windows

Download now

Used Mean Renko Generator for Metatrader MT4 Terminal for Windows?

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Full Specifications

GENERAL
Release
Latest update
Version
207
OPERATING SYSTEMS
Platform
Windows
Operating System
  • Windows 98
  • Windows XP
  • Windows 10
  • Windows 2000
  • Windows 2003
  • Windows NT
  • Windows 7
  • Windows Server
  • Windows Vista
  • Windows 8
Additional Requirements
Metatrader MT4 terminal, build 600+
POPULARITY
Total Downloads
1,867
Downloads Last Week
2
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Developer’s Description

By Forex Ovo
Generate live Mean Renko charts for Metatrader MT4.
Mean Renko indicator is determined for alternate price charting. Unlike the usual time frame chart - where every candle represents a fixed time interval - the goal is to ignore time and to display price movement using bricks with equal size. Indicator adds Mean Renko charting ability to your Metatrader MT4 terminal. There may be multiple Mean Renko generators attached to your single chart. When the indicator starts it restores a set of historical bricks from historical data stored in the Metatrader history. Then it paints live charts using live ticks.
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