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Renko Generator for Metatrader MT4 Terminal for Windows

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Used Renko Generator for Metatrader MT4 Terminal for Windows?

Editors’ Review

Download.com staff
This indicator adds live Renko charting capabilities to Metatrader MT4. It focuses purely on price movement, ignoring time intervals for clearer analysis.

  • Pros

    • Generates live Renko charts for MT4
    • Ignores time, focuses on price movement
    • Uses equal-sized bricks for consistent display
    • Restores historical Renko bricks
    • Paints live charts using tick data

  • Cons

    • Requires Metatrader MT4 platform
    • Primarily a charting tool, not analytical suite
Icon of program: Renko Generator for Metat…

Renko Generator for Metatrader MT4 Terminal for Windows

Download now

Used 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 8
  • Windows 2003
  • Windows 2000
  • Windows 98
  • Windows 7
  • Windows Server
  • Windows Vista
  • Windows NT
  • Windows 10
  • Windows XP
Additional Requirements
Metatrader MT4 terminal, build 600 and higher
POPULARITY
Total Downloads
3,300
Downloads Last Week
13
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Developer’s Description

By Forex Ovo
Generate live Renko charts for Metatrader MT4.
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 body size. Indicator adds Renko charting ability to your Metatrader MT4 terminal. There may be multiple 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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