Please fill out this form to receive the download link for the indicator.
The Most Reliable Renko Indicator for MT4
Renko Chart with Alerts is an indicator designed to simplify market analysis using clean, box-based Renko chart — all while delivering smart, real-time alerts so you never miss a trading opportunity. It helps identify the right entry signals by effectively filtering out false signals.
Features
- Non-repainting, and works on any timeframe and for any symbol
- Real-time trend reversal detection
- Alerts via popup, sound, email, and mobile notifications
- Adjustable Renko box size (e.g., 10 pips)
⚙️Parameters
- BoxSize - Renko box size (in pips)
- MaxBricksToDisplay - Maximum number of bricks to display
- TriggerCandle - Candle index to trigger alerts (0 = current candle (not yet closed), 1 = last closed candle, 2 = candle before the last, etc.)
- EnableNativeAlerts - Enable MT4 native alerts (popup)
- EnableEmailAlerts - Enable email alerts
- EnablePushAlerts - Enable mobile push notifications
📈 Signals Delivered
🔵 Buy (BUY): Bricks changes from Red to Blue 🔴 Sell (SELL): Bricks changes from Blue to Red
📥 Installation
1. Open your MetaTrader 4 and click on menu "File" > "Open data folder" 2. Copy the file Renko_Chart_Indicator.ex4 into the MQL4/Indicators/ folder 3. Restart MetaTrader 4 4. Add the indicator to your chart 5. Configure the settings according to your preferences
🛡️ Compatibility
✔️ MetaTrader 4 ⏱️ All timeframes ⚠️ Demo and live accounts
It's important to practice risk management and use stop-loss orders to protect your capital when executing trades based on these signals.
Best Renko Indicator for MT4 & MT5 - Accurate Buy/Sell Alerts, Trend Reversals, and Custom Box Size
The Renko Indicator for MT4 offers clear Renko chart alerts by using Renko bricks to filter out market noise. With customizable Renko box size settings, it delivers accurate buy and sell alerts via MT4 popup alerts, push notifications, and email. Ideal for any Renko trading system on MetaTrader 4, it suits both demo and live accounts. This custom Renko MT4 tool works across all timeframes and supports automated Renko signals and Renko EA support. Recognized as one of the best Renko indicators for MetaTrader 4, it helps traders detect trends and reversals easily using histogram-based visual cues.
