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MQL5 header file for 'Median and Turbo renko indicator bundle' available for MT5 via MQL5 Market. The file lets you easily create a Renko EA in MT5 using the Median Renko indicator.

Home Page: https://www.mql5.com/en/market/product/16347

License: GNU General Public License v3.0

MQL5 100.00%

median renko medianrenko pointo mql5 mql ea forex forex-trading

median-and-turbo-renko-indicator-bundle's Introduction

MedianRenko.mqh

MQL5 header file for the "Median and Turbo Renko indicator bundle" available for MT5 via MQL5 Market. The class library file simplifies the MedianRenko indicator usage when creating a Renko EA for MT5. The created EA will automatically acquire the settings used on the Renko chart. It is not required to clone the settings from the indicator to the EA.

The files

MedianRenko.mqh - The header file for including in the EA code. It contains the definition and implementation of the MedianRenko class

CommonSettings.mqh & RenkoSettings.mqh - These header files are used by the MedianRenko class to automatically read the EA settings used on the Renko chart where the EA should be attached.

MedianRenkoIndicator.mqh - This helper header file includes a MedianRenkoIndicator class which is used to patch MQL5 indicators to work directly on the Renko charts and use the Renko OLHC values for calculation.

ExampleEA.mq5 - An example EA skeleton showing the use of methods included in the MedianRenko class library

ExampleEA2.mq5 - An example EA utilizing the Super Trend indicator on Renko to make trading decisions also showing the use of methods included in the MedianRenko class library

ExampleEA3.mq5 - An example showing the use of additional indicators (included in the Indicators/MedianRenko folder) in your EA. MedianRenko_RSI indicator is used in the example (RSI values are outputted to log).

2MA_Cross.mq5 - A fully functioning EA that places trades based on a 2 MA cross signal. Fixed stop loss and take profit levels can be set as well as valid trading hours.

PriceMA_Cross.mq5 - A fully functional EA that places trades on price & MA cross signals. Both a fixed stop loss and take profit levels can be set as well as valid trading hours.

Renko_EA - Robust EA for automated trading on renko charts. The EA uses the most commonly used renko trading signals. The settings enable very flexible entry & exit signals as well as an optional trailing stop.

Installation

All folders with header files & EA should be placed in the MQL5 sub-folder of your Metatrader's Data Folder. This short video will walk you through the installation process:

Backtesting your EAs

Modification of standard MT5 indicators for compatibility with the renko indicator

Resources

The robust Renko indicator already bundled with the EAs and additional indicators can be downloaded from https://www.az-invest.eu/ultimate-renko-indicator-generator-for-metatrader-5

A version for MT4 is available from https://www.az-invest.eu/median-renko-plug-in-for-metatrader-4

Disclaimer:

All of the EAs and indicators presented in this repository are solely for educational and informational purposes and should not be regarded as advice or an invitation to trade. Application of the techniques, ideas, and suggestions presented in the videos and files of this repository is done at the user’s sole discretion and risk.

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median-and-turbo-renko-indicator-bundle's Issues

Trying to update Candle 0 only

Hi Arthur, how are you doing ?
I'm trying to update histogram on position 0
I have realtime MarketDepth data that I wish to be displayed in the Buffers so that each Histogram represent the total changes in Market Depth regrading to the same Renko Candle
so I'm updating RATES_TOTAL-1 candle data but it not working because the Historgram is advancing regardless to RATES_TOTAL of the Renko Indicator.
Please help.

missing file EA_Logic.mqh

How to implement iBarShift function on Renko Charts ?

Hi Arthur
I need to implement iBarShift function on the Renko chart,
The function return the number of the bar by specified date as you can read on the help section of MT5

how can I acheive this goal with the Renko Bundle ?

Using Both Renko and Range on the same Terminal

I Have both Median Renko and Range indicators how can I Use them both on the same MT Terminal in diffrent Charts ?

Backtests takes too long

Hi! The backtests are taking too long, is there a way to make it faster?

Regards

Information about indicator

Is VWAP indicator available for Renko?

'_SuperTrend' - undeclared identifier Renko_EA_Logic.mqh 696

if((ShowChannel == _SuperTrend) && (this.inputs.SuperTrendFilter != FILTER_MODE_OFF))

order and I use maybe 4 time

I buy indicator Renko and I use maybe 4 time in the same computer and I see 10 activation
how can I fix that ?

Roffild's Library

Hi, I see that you have experience with MQL, maybe you will be interested:
https://github.com/Roffild/RoffildLibrary

P.S. Github does not allow sending messages.

Problems with renko Bundle on MT5 Build 3320

A lot of errors regarding the indicators when I put them on Renko chart:

each time the indicators disappearing and sometimes after building new renko candle thier coming back in other times like now the indicator report that they cannot access the Renko Main indicator:

Replace/Add count of Buy and Sell Volume by Ask and Bid Prices

hi Arthur
I wish if you can add the option for counting Buy and Sell Volumes via Ask and Bid ticks/orders, the current method used by MT5 is not correct and the more precise method to see Buy and Sell Volumes is using this code:

        buy_tick = (tick.last >= tick.ask) 
        sell_tick = (tick.last <= tick.bid)

With this lines of code we counting the volumes on the Ask and the volumes on the Bid side.
I tried writing my own indicator using this code but the its not working well when there are a lot of ticks.

Please add this feature as option or flag.
Thank you

EMA indicator

Could you develop an exponential moving average indicator (EMA)?
It's possible only add 2 averages with the main indicator.

EA 2MA_Cross - trading schedule don't work

Hi. In EA 2MA_Cross, schedule trading does not seem to be working. The EA makes an order even if the time is not included in the scheduling hours. In the code, there isn't if condition before market orders (line 350 of 2MA_Cross.mq5). I suggest to add this condition at the line 350 and close it to 400 :
if(!timeControl.IsScheduleEnabled() || timeControl.IsTradingTimeValid()) {}
I'm french. Sorry for my approximatively english.

Thanks for your work !!

MT5 Indicator too slow warning and system stabillity

I got this warning while the Terminal is hanging for 20 seconds or so:

it's happening frequently enough for me to ask you for solution