![]() Presets (sets 3 values below): (Renko / Median Renko / PointO / Turbo Renko / Hybrid Renko).Renko body calculation mode - ( pips / ticks/ points / ATR % / % ).Renko body size - Defines the size of the candle body. ![]() To create the Renko chart you need to attach the indicator to a standard timeframe (1 minute is recommended) and use the indicator's settings to generate a live custom chart that will be displayed on an offline chart. You can apply all of the standard and custom indicators and technical studies as well as templates to the Renko charts and you can run EAs directly on these charts as well* (see text below the input summary). This all-in-one package provides all of the signals needed by day traders, scalpers, and even long-term traders. ![]() It enables creating custom live charts resembling Median Renko, Mean Renko, Turbo Renko, and Better Renko candles as well as Vanilla Renko and Renko with wicks, PointO charts, and many more. Ultimate Renko is a full implementation of a robust Renko style charting solution for MT4.
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