Introducing Renko 2.0: A Feature-Packed Indicator for Traders
Hey there, fellow traders! If you're looking to level up your charting game, let me introduce you to the latest and greatest in trading tools: Renko 2.0. This nifty indicator packs in a wealth of information, including time, volume, and spread, all in one tidy package.
Renko 2.0 is inspired by the original Renko for MQL5 by Serhii Ivanenko and Renko Live Charts v4.13 for MQL4 by Tim Welch. It references the Symbol library for MetaTrader 5 by fxsaber.
With Renko 2.0, you get a complete Renko chart indicator that includes wicks. You can easily configure it using Tick Size, Pip Size, Points, or R. And guess what? It now comes with Asymmetric Reversals!
Don't forget to check out the new Renko 2.0 Offline version for even more flexibility!
Key Features and Parameters

Visualize Your Trades

Version History of Renko 2.0
2017-12-31:
- Implemented Bars History Input for improved performance.
2018-01-04:
- Fixed: Array out of range exception for Bars History input.
- Fixed: Invalid plot of two Renko bricks when pivot high.
2018-01-13:
- Fixed: Wick size on history and chart reload.
- Fixed: Wick malformed with brick size.
2018-01-15:
- Fixed: Minimum brick size set to one tick.
2018-01-17:
- Implemented normal array buffer for better performance.
- Implemented chart reload algorithm and additional corrections.
2018-03-08:
- Added Renko 2.0 library with custom symbol generation, volumes, gap colors, and more improvements.
2018-03-28:
- Fixed events and time calculations from Renko rates.
2018-04-02:
- Fixed Renko open time on Renko rates.
2018-05-02:
- Fixed Renko volumes, bugs, and performance.
2018-06-21:
- New library with custom tick, performance, and various improvements.
2018-09-27:
- Asymmetric reversals, corrections on wick size and initialization.
Related Posts
- Mastering the Open Range Breakout Indicator for MetaTrader 5
- Unlocking BykovTrendAlert: Your Go-To Indicator for MT5 Alerts
- ID Lite Info MA: A Comprehensive Indicator for MetaTrader 5
- Hourly Buffers for Data Collection in MetaTrader 5: A Simple Guide
- Mastering the Waddah Attar Trend Alert Indicator for MetaTrader 5