Installation on MT4 Renko Chart

Step 1 – Check the images below.

Go to Tools>Options





Click the Charts Tab and check all the boxes, Input 9999999999999 in both the fields.


Click the Expert Advisors Tab and make sure 4 check marks like in the image below.










Click OK, That’s should be about it with the settings.

Step 2
– Close the metatrader and copy all the contents of the Indicators.zip
to experts/indicators
folder in your metatrader installation folder. Copy the contents of
Renko.zip to the experts folder in your metatrader installation folder.
Copy the contents of templates.zip to the templates
folder in your metatrader installation folder. Start Metatrader now.

Step 3
- Open a 1 minute chart for example like EURUSD and manually Scroll
back the 1minute EURUSD chart
as much as you can (You can simply keep pressing the HOME button on
your keyboard), I recommend at least 1 or 2 months worth of 1minute
chart data on your screen.


Step 4 – Apply the RenkoLiveChart_v3.2 EA to the 1minute EURUSD chart, Make sure the settings are as the
images below.






Click OK and Enable the Expert Advisors Button.





Now the Renko EA should be running and data from the 1minute chart should be able to feed data for your Renko
Chart.

Step 5 – Open the Renko Chart, Check the images.

Click on File>Open Offline





Search for EURUSD M2 from the list and click on Open.




Now
you have the renko chart running in a M2 Offline chart. Remember that
you need to have the 1minute chart as well as
the EA running at all times , because data from the 1minute EURUSD
chart is feeding data to the EURUSD M2 Offline chart via the
Renkolivechart_3.2 EA.

That’s about it about how to start a renko chart in metatrader. You need to do the same steps for any other pair you wish
to run a renko chart for.




Final Step – Applying the Template. Check the Images below Right click on the M2 Offline Renko Chart, in
the menu select templates and load the renko_ashi_2 template.




Directions for Installing as a script
:
Must be done each time you restart mt4:
1. Place the mq4 code in the Experts/scripts directory.
2. Make sure to check the "Allow DLL imports" and "Allow import of
external experts" boxes (both of them) are checked. they are under the
Saftey section of the Common tab
3. Drop the script on a live chart, preferably the 1 minute chart of
any instrument. The comment will tell you which offline chart to open.





Renko Script.rar
compressed file archive [6.5 KB]
Download





RenkoLiveChart_v3.3.rar
compressed file archive [3.4 KB]
Download





RenkoliveChart EA.rar
compressed file archive [6.0 KB]
Download




Installing Renko script as an EA.pdf
Adobe Acrobat Document [62.5 KB]
Download





3LineBreak.rar
compressed file archive [912 Bytes]
Download




RenkoMultyBoxRENKO.rar
compressed file archive [2.4 KB]
Download


RK-KeltnerChannel-atr.rar
compressed file archive [978 Bytes]
Download




RANGE BARS for MT4.rar
compressed file archive [13.0 KB]
Download