Renko Block Charts

This script is a written a bit cleaner, has volume and is a bit more efficient than my first one . .great project LastViking , Lou G and everyone who helped and motivated!!!

Go here to download:
latest script variant
latest index version
latest ea variant

* If you use the paperclip to find your downloads, basically v1.6 was the last script version, v2.1 was the last index variant, and v3.2 was the last ea variant.

Please note - After placing the script/indior or EA in the right folder they have to get compiled. The simplest way to do it is to shutdown then restart MT4

Instructions for Installing as a script :

Must be performed whenever you restart mt4:

1. Put the mq4 code in the Experts/scripts directory.

2. Be certain that you check the Allow DLL imports and permit import of external experts boxes (both of them) are assessed. They are under the Saftey section of the frequent tab

3. Reduce the script preferably any instrument's chart, on a live graph. The remark will say which offline graph to open.


Instructions for Installing as an Indior :

1. Put the mq4 code in the Experts/Indior directory.

2. Be certain that you check the Allow DLL imports and permit import of external experts boxes (both of them) are assessed. They are under the Saftey section of the frequent tab

3. Reduce the script preferably any instrument's chart, on a live graph. The remark will say which offline graph to open.


To put in as an EA :

1. Put the mq4 code .

2. Be certain that you check the Allow DLL imports and permit import of external experts boxes (both of them) are assessed. They are under the Saftey section of the frequent tab

3. Also check the Allow trading box in the Live Trading section of the tab. Be certain that the Expert Advisors button is depressed from the Gui. When everything is great a smiley face will appear in the upper right corner.

4. Reduce the ea preferably any instrument's chart, on a live graph. The remark will say which offline graph to open.


To view the Renko Chart :

1. To open offline graph : click File(from menu) gt;Open Offline and then decide on the graph you want.


Other signs and EA's for its Renko graph:

Custom signs and EA's can be dropped onto the offline graph and should operate properly. I have just tested some of my own.



This method for calculating the input for BoxSize is just used when your broker utilizes 5 digit prices.

If your broker uses Fractional pips or Pippettes (5 digit broker, 5 places after decimal on instruments including EUR/USD and 3 decimal places on devices like GBP/JPY) that there are a whole lot of conditions for this, use the following to properly set up the BoxSize Input factor.

In case your BoxSize is set in 15 on you GBP/JPY script(EA) that is really 1.5 pips. Try setting it for 15 pip blocks to 150. Basically you would have to do this for any Instrument (multiply the amount of pips you want by 10 and use this amount for BoxSize).



Have fun ...