renko chart in mt5 | Forex Factory

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renko chart in mt5

  • #1
  • First Post: Edited 6:25am Feb 16, 2018 5:55am | Edited 6:25am
we need renko chart in mt5 , but unlike mt4 it doesn't have offline chart , there is indi for mt5 but it creates rnko in subwindow and it wont update in real time we cant put indi in those . can anyone make renko charts in mt5 using mt5's custom symbol
  • #2
  • Feb 16, 2018 6:00am Feb 16, 2018 6:00am
Quoting nahyan
we need renko chart in mt5 , but unlike mt4 it doesn't have offline chart , there is indi for mt5 but it creates rnko in subwindow and it wont undate in real time we cant put indi in those . can one make renko charts in mt5 using mt5 custom symbol
MT5 have something better. You can do it with custom symbols evidently
Try don't lose pants never...
  • #3
  • Feb 16, 2018 6:24am Feb 16, 2018 6:24am
Quoting braintheboss
{quote} MT5 have something better. You can do it with custom symbols evidently
please can you show me how , it will be a lot of help
  • #4
  • Feb 16, 2018 6:32am Feb 16, 2018 6:32am
Quoting nahyan
{quote} please can you show me how , it will be a lot of help
In mql5 web you hacean example using crypto currencies. You can take it as basis for make renko
Try don't lose pants never...
  • #5
  • Feb 16, 2018 6:39am Feb 16, 2018 6:39am
thank you , please provide some details , its easy in mt4 but i am new to mt5
  • #6
  • Feb 16, 2018 6:42am Feb 16, 2018 6:42am
Quoting nahyan
thank you , please provide some details , its easy in mt4 but i am new to mt5
Offline charts in mt4 are complicate because you need write in file and call some win32 api. In MT5 you have an api ( custom symbols) works silimar copyXXX methods. Search in documentation "custom symbols"
Try don't lose pants never...
  • #7
  • Feb 16, 2018 6:56am Feb 16, 2018 6:56am
Quoting braintheboss
{quote} Offline charts in mt4 are complicate because you need write in file and call some win32 api. In MT5 you have an api ( custom symbols) works silimar copyXXX methods. Search in documentation "custom symbols"
but we have lots of EA's to do the complicated thing in just a few seconds , any way i have searched documentation found custom symbol
  • #8
  • Feb 16, 2018 7:18am Feb 16, 2018 7:18am
Quoting nahyan
thank you , please provide some details , its easy in mt4 but i am new to mt5
Look here: https://www.mql5.com/en/articles/3540

Or ask someting like google: "custom symbols" +mql5
Return To Disorder
  • #9
  • Feb 16, 2018 7:28am Feb 16, 2018 7:28am
Quoting rockit
{quote} Look here: https://www.mql5.com/en/articles/3540 Or ask someting like google: "custom symbols" +mql5
i have looked there , but no clue about renko bars ?
  • #10
  • Feb 16, 2018 7:40am Feb 16, 2018 7:40am
Quoting nahyan
{quote} i have looked there , but no clue about renko bars ?
You have do it yourself. You have a lot of info how renko bars are working and you have examples with MT5 custom symbols. You dont need more. Only time for do it
Try don't lose pants never...
  • #11
  • Feb 16, 2018 7:42am Feb 16, 2018 7:42am
Quoting nahyan
{quote} i have looked there , but no clue about renko bars ?
How about that: https://www.mql5.com/en/code/1299
https://www.mql5.com/en/articles/792
Return To Disorder
  • #12
  • Feb 16, 2018 7:44am Feb 16, 2018 7:44am
Quoting rockit
{quote} How about that: https://www.mql5.com/en/code/1299 https://www.mql5.com/en/articles/792
Touche...
Try don't lose pants never...
  • #13
  • Feb 16, 2018 7:51am Feb 16, 2018 7:51am
Quoting rockit
{quote} How about that: https://www.mql5.com/en/code/1299 https://www.mql5.com/en/articles/792
i have seen those and mentioned in the first post , there is indi for renko bars, the problem is it creates renko chart in
subwindow doesn't update in real time , its useless! we cant put stochastic macd or any other indictor .
  • #14
  • Feb 16, 2018 8:04am Feb 16, 2018 8:04am
Quoting nahyan
{quote} i have seen those and mentioned in the first post , there is indi for renko bars, the problem is it creates renko chart in subwindow doesn't update in real time , its useless! we cant put stochastic macd or any other indictor .
Put an offer in freelance mql5 section. Taking that code somebody will add your requeriments without pay much I think...
Try don't lose pants never...
  • #15
  • Feb 16, 2018 8:13am Feb 16, 2018 8:13am
Quoting nahyan
{quote} i have seen those and mentioned in the first post , there is indi for renko bars, the problem is it creates renko chart in subwindow doesn't update in real time , its useless! we cant put stochastic macd or any other indictor .
Then put the indicator in the main window, make it update per tick. One can hide all elements of the chart. If you can code that is.
Return To Disorder
  • #16
  • Feb 16, 2018 8:31am Feb 16, 2018 8:31am
Quoting braintheboss
{quote} Put an offer in freelance mql5 section. Taking that code somebody will add your requeriments without pay much I think...
its not about offer or not my requirement, many people need simple renko chart in mt5 when mt4 will not be there any more . my broker is now offering 65% spread cut in mt5 platform compared to mt4 , i am felling the heat of migration .
  • #17
  • Feb 16, 2018 8:35am Feb 16, 2018 8:35am
Quoting rockit
{quote} Then put the indicator in the main window, make it update per tick. One can hide all elements of the chart. If you can code that is.
we don't need those messy things , all we need is a simple working renko chart
Attached Image (click to enlarge)
Click to Enlarge Name: renko.PNG Size: 23 KB
  • #18
  • Mar 12, 2019 10:23am Mar 12, 2019 10:23am
Metatrader and their MT5 platform are piles of junk. To offer a supposed upgraded platform in this day and age WITHOUT having Renko bar capabilities native to the platform is unitelligence at an epic level. A 5 year child would see how obvious it is to make sure your upgraded platform have tick, range bar, and Renko charts as part of the platform. It would take anyone half intelligent to add that capability to the platform in one weekend of programming with a proper programming group.

On to the Strategy Tester in MT5! HILARIOUS pile of garbage at best. Can you add additional indicators to your Strategy Tester charts??? NO! Can you draw lines and make markings on your Strategy Tester charts when forward testing??? NO!

Metatrader...go back and fix your junk platforms or go home!

cTrader, NT8, and others are backhanded bitch slapping you in their capabilities!
  • #19
  • May 13, 2019 3:11am May 13, 2019 3:11am
Quoting COGnizant
Metatrader and their MT5 platform are piles of junk. To offer a supposed upgraded platform in this day and age WITHOUT having Renko bar capabilities native to the platform is unitelligence at an epic level. A 5 year child would see how obvious it is to make sure your upgraded platform have tick, range bar, and Renko charts as part of the platform. It would take anyone half intelligent to add that capability to the platform in one weekend of programming with a proper programming group. On to the Strategy Tester in MT5! HILARIOUS pile of garbage at...
Calling MT5 a pile of junk is very insulting to junk since junk has an intelligence level way higher than MT5. I tried MT5 before and my analysis was that it lacked too many of the functionalities of MT4 to make it usable. I just received a message this morning from my secondary forex broker stating that it will now convert all MT4 accounts to MT5. The reasoning was that MT5 meets the latest technological standards, is more advanced and more user-friendly with improved features as compared to MT4. My quick reply to the broker was to close my account immediately
  • #20
  • May 13, 2019 3:41am May 13, 2019 3:41am
Quoting Hutch
...Calling MT5 a pile of junk is very insulting to junk since junk has an intelligence level way higher than MT5...


The only thing you can (and should) do with an MT5 account is... closing it.
It takes blood, sweat and enough tears to wash away the blood.
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