Renko Bars

Renko Bars2016-10-17T14:53:47+00:00

When Price Level Matters

Renko charts are used for alternate price charting. Unlike the usual time framed chart – where every candle represents a fixed time interval – the goal of the Renko chart is expressing price movement in levels, called bricks.

  • Including precise, tick-based testing (aka 99% testing model quality). See Renko FXT Builder for more details. Limits may apply.
  • Precise and Fast and Non-Repainting. Indicator is based on live price feed. Once the price tick arrives, it is recorded and used in all subsequent indicator sessions. Fine data is used only where reasonable, keeping performance at a high level and preserving the data used in previous calculations.
  • Wide Range of Parameter Values. Indicator uses multiple timeframes history, from a week level down to a tick level, ensuring high speed and accuracy for many different input settings.
  • Controlling Performance by a User. Limiting the initial chart length to a fixed number of bars enables user to control chart performance in a defined manner. Moreover, if necessary, indicator can reduce frequency of chart updates.
  • Graphical User Interface. Settings for deployed generators are accessible directly in the chart, both the feed chart and the generated chart. Accessing settings from the generated chart makes parameter handling comfortable.

Installation Guide and First Steps

Watch the video to learn how to install and use Renko.

Get OmniaBar License Key Bundled @


Unique Features

What are additional features of Ovo offline generators?

  • the generator is an indicator rather than a script or EA, which makes it more comfortable for deployment
  • input setting is adjustable from multiple places: from the input dialogue, or from the entry box of an indicator sub-window, or from the offline chart using additional indicators (Omnia Remote, Omnia Auto Range). Settings on the offline chart makes the range switching as flexible as switching between timeframes.
  • safe timeframe switching of the feed chart  (no need for sacrificing the feed chart for a single timeframe)
  • generator can detect and optionally break chart into trading sessions
  • generator uses all available timeframes for the initial model, and it is not bound to a single selected timeframe
  • when starting up, the indicator selects the chart starting anchor from the user-defined chart candles count
  • a single indicator can serve multiple identical offline charts (a single chart ID in multiple windows)
  • detects significant drop-outs in feed and rebuilds the offline chart after the feed updates
  • displays consistent candle tick volume calibrated to regular timeframes, so you may rely on the tick volume in your analysis and EAs
  • guards for a change of the feed server, so it updates the chart if you switch between accounts
  • works properly with symbols having MQL unfriendly names (like "EURUSD..", i.e. trailing double dot in the name)
  • reports unexpected time gaps in the MT4 history, reports inconsistencies between symbol timeframes
  • excludes phantom (no volume) ticks
  • fixes incorrect input for a non-trivial instrument tick size
  • can decrease chart refresh rate on demand
  • indicator development is still open, you may expect fast fixes for new Metatrader builds


  1. serkan June 8, 2015 at 12:04 pm - Reply

    and where can i take licance key?

  2. administrator June 8, 2015 at 12:25 pm - Reply

    Hello Serkan, please click the Pricing & Order item in the top menu.

    • Jaime Salomon Tacher Urbina March 15, 2017 at 10:26 pm - Reply

      Hello, i am student at spartan trader, and nikos recomend me this site to buy the renko indicator, he also told that you usually give a discount to spartanfx traders. could you help me with that


      • Milan March 15, 2017 at 10:33 pm - Reply

        If you notice the ad at the very bottom of the page, you may get the discounted price with Spartan Traders, in case you are their student. Please search for the discount link in their students’ zone.

      • Chris August 6, 2018 at 6:09 am - Reply

        HI Milan.
        I have the Renko charting with Spartan. I have also used test helper for renko which works well. The problem I’m having is that I can’t get enough bars on the chart to back test on the 3 pips per box settings. Is there something I can do to get more bars. Thanks Chris.

  3. Dwi June 8, 2015 at 6:04 pm - Reply

    How to install to Macbook (we use Crossover to run mt4 in mac)

    • administrator June 8, 2015 at 6:25 pm - Reply

      Unfortunately I do not have knowledge about emulators. Please contact me using Contact Form with more detailed description.

    • Zain January 7, 2016 at 5:40 am - Reply

      I’m using crossover and I can install any EA. You just have to find the C: directory. Email saya aja biar saya jelasin.

  4. thierry June 10, 2015 at 11:43 pm - Reply

    Hi… i develope my own expert advisors and would like to use the renko bar indicator in my own EA
    ( for example to detect reversal signals )

    is that possible with the licensed version…

    if not … what are the possibilities …


    • administrator June 11, 2015 at 6:18 am - Reply

      Hello Thierry, the usual way is attaching the expert to the generated Renko chart. It would work well with both the trial and the licensed indicators.
      Including indicator into the expert is quite advanced task and it needs a reason.

  5. thierry June 11, 2015 at 9:26 am - Reply

    ok thank you….:)
    what I’m really intrested in is the lines of codes required to obtain the renko bar ( high low open clode ) for any target bar. How is that performed ?

    For example if i place my ea on the generated renko chart what lines of code would my ea require to access the the high low open close of a generated renko bar.?

    thanks in advance… 🙂

    • administrator June 11, 2015 at 10:04 am - Reply

      Hello Thierry, for accessing candle values in any chart from MQL4 code use either common constants (see ) or functions (see )

      • thierry June 11, 2015 at 3:08 pm - Reply

        thank you very much for your help… I’ll look that up…

        Concerning backtesting is it possible to backtest with the renko bar indicator…?
        if yes… where can i find information to know how to backtest using renko chart bars only
        thanks 🙂

        • administrator June 11, 2015 at 7:07 pm - Reply

          Renko charts are artificially constructed charts from other charts, so using them within the standard Strategy tester for expert income is very approximate. Nevertheless it is useful to test the expert mechanics, and for such purpose you may use the tester helper at

  6. Mehmet Sepik June 15, 2015 at 1:03 pm - Reply


    I downloaded the meanrenko indicator and copied it to my latest version of mt4 duely.

    Opened data folder from files, opened mql4 folder, and copied into the indicators folder. And i have allowed dll inputs as well.

    However the mean renko indicator is not working and i’m getting a msg like “indicator cannot create this offline chart, try to set other offline tf in the input”. I tried to set m2 and m3 timeframe but it still gives the same error.

    I tried to use the indicator with my previous built mt4 broker and it works fine in my not updated mt4 terminal broker.

    Does the indicator need to be updated? I’m planning to buy it after testing it but i couldn’t make it work. Waiting for a response. Thanks in advance

    • administrator June 16, 2015 at 6:59 am - Reply

      Hello Mehmet, in case there are problems to select the offline timeframe though you checked other offline generators do not use it, then restart the Terminal. It might be some lost script blocking the file handle.

  7. thierry June 23, 2015 at 7:37 pm - Reply


    Would it be possible to add the following features to the indicator: audio alerts every time a new bar is added and be able to activate and deactivated ?

    thanks 🙂

    • administrator July 2, 2015 at 8:01 am - Reply

      Hello Thierry, for an acoustic signal watching for a new bar you can use any of numerous dedicated indicators placed directly on the offline chat.

  8. SK September 22, 2015 at 4:51 am - Reply

    Hi there,
    I see that you are selling Omni bar 3 user licence for $ 120. I only have one laptop. How much is it for only 1 licence?

    • admin September 22, 2015 at 5:03 am - Reply

      Hello SK, a single license cost is $120. You can use it on up to 3 computers.

  9. SK September 22, 2015 at 4:53 am - Reply

    Hi there,
    Do your renko or median renko indicator use too memory or too much resources and slow down PC/laptop?

    • admin September 22, 2015 at 5:07 am - Reply

      Probably yes, it depends on the length of history of the other timeframes, as MT4 duplicates history buffers during calculations.

  10. Silviu September 23, 2015 at 10:17 am - Reply

    Hello can you explaine us how the volume is calculated per renko bar( let say 100pips renko bar)?
    Because i notice some bars have volume 0
    This is renkobar (100 pips) applied on 1 minute chart EURUSD (forextime broker):


    Thank you!

    • admin September 23, 2015 at 10:54 am - Reply

      Hello Silviu, they are called phantom bars, they traverse gaps where no tick exists.

      • Silviu September 23, 2015 at 12:57 pm - Reply

        Thx for reply , I already bought renko bars and i am verry happy with them 🙂

  11. jonathan garcua October 27, 2015 at 5:34 pm - Reply

    I finished my trail period and I have a license key. how do I enter it to activate the indicator again?

  12. Luna December 2, 2015 at 5:24 pm - Reply

    Hello, is it possible to use downloaded tick data to generate renko chart with your indicator instead of using M1 history?
    I imagine that I run an empty ExpertAdvisor in startegy tester on downloaded tick data. I would drop your indicator on the chart. If the indicator is able to generate chart with standard time frame (for example M5) than I would be able to backtest my real EA on that chart.
    thank you

    • Milan December 4, 2015 at 8:00 am - Reply

      Hello Luna, unfortunately it is not possible. Accessing the history files from the Strategy Tester is restricted (to eliminate fraudulent test results).
      For using the tick data in a live environment – it could work, but you needed the tick data from your broker. The generator uses only such tick data, which match the M1 timeframe. If you had such proper broker tick data, I could build a script generating the tick file for live environment (for the chart model builder).

  13. dino December 11, 2015 at 5:12 am - Reply

    your charts look great. is there an option to use ATR to determine the brick size? or will it be in the updates in the near future?

  14. Mohamed December 14, 2015 at 1:35 am - Reply


    I am totally happy with the renko indicator I bought from you. The reason for this is that I have great passion with trading renko. I tried all free renko indicators and I wanted to open many charts looking for the best setup. I always had an issue with MT4 freezing. It was frustrating until I tried the free version of yours and then I bought the license.
    It helped me a lot in refining my strategies and Iam glad to say that today is the first day of trading live.
    I love the idea of have three sub-windows for different renko settings. It just makes my life easier and trading enjoyable.
    I even tried the MTF indicators with different renko box sizes. I can easily call the offline charts like M2 M3 M6 etc and get a reading for Multiple Brick Size.
    Good work!

  15. alex December 22, 2015 at 10:30 am - Reply

    Hello. I have same problem. However the mean renko indicator is not working and i’m getting a msg like “indicator cannot create this offline chart, try to set other offline tf in the input”. I tried to set m2 and m3 timeframe but it still gives the same error.
    Your advice does not help:
    administrator June 16, 2015 at 6:59 am – Reply
    Hello Mehmet, in case there are problems to select the offline timeframe though you checked other offline generators do not use it, then restart the Terminal. It might be some lost script blocking the file handle.

    • Milan February 10, 2016 at 9:35 pm - Reply

      Hello Alex, sorry for late answer, but I did not know what the reason was. Currently the possible reason emerged. Though I have not yet received full confirmation, it looks like some non-ASCII characters in user profile name (the folder of the current user under the C:\Users\) result in incorrect evaluation of the MT4 data path and the indicator fails to locate the proper data locations. However it does not affect only my indicators, but also other MT4 behaviour.
      If you want to test if this was your case, please create a new user whose name has only ASCII characters, and try to test the MT4 there. (You may remove the user after the test).

  16. Chris Fredericks January 22, 2016 at 1:33 am - Reply

    Hello Milan-I bought the Renko without wicks generator months ago.Great work! I don’t think that I can do without it. Recently it has been sticking, I would have to re-login to get an
    up to date chart. So I reset the key. At the moment I can’t paste the Activation Code into the dialog box. Would you give me a hand to straighten this out? Thanks Chris

  17. Tammy March 30, 2016 at 3:03 am - Reply

    Quick question, I have the latest version of the Renko’s, however the offline chart shows M16423. Is that correct if I want a 15 minute chart, etc.? How do you ensure the timeframe on the offline chart matches what you want, i.e. would like to look at 15 min and say 30 minute chart? Just want to ensure that I am looking at the correct time frame on the offline chart.



    • Milan March 30, 2016 at 8:06 am - Reply

      Hello Tammy,
      The offline chart receives pure random number if you leave the entry blank in the Inputs tab. I would recommend to fill it, the random number may get altered in some conditions, and then your original offline chart becomes an orphan. In addition, this number determines a period separator (daily, weekly, monthly and yearly). On the other hand this number has no effect on candlesticks, the generated chart has the same shape on any offline timeframe.

  18. Josephine (Bob) Harding May 17, 2016 at 10:27 pm - Reply

    Hi Milan,
    I recently purchased RenkoBar License Key.

    Prior to using OVO Renko Bar Indicator I had struggled with creating Renko Charts using such Products as Renko Live Charts, Renko Bar Charts EA and several others. The main problem with all these EA’s and Indicators was that there never was enough history to create a functioning Off Line Chart. I was constantly trying to add history to make the off line charts function so that I could trade them.

    OVO Renko Bar Indicator is absolute genius! OVO Renko Bar Indicator si far superior to any other Renko Chart creation tool on the Internet. OVO Renko Bar Indicator is terrific value.

    I have an intense interest in understanding the value of adding Renko Auto Range to my Off LIne Charts. There is little or no information on the Internet about the value of trading with Renko Bars that are created with a range for actual bar size as opposed to an arbitrary bar size.

    I respectfully request that you place more information about the significance of Trading with a Renko Chart based upon a Renko Auto Range Bar on your Website. I have a gut feel that it is very important.

    Any Trader that is considering trading with Renko can not do any better than to create his/her charts with OVO Renko Bar Indicator.

    Thank you

  19. Andy June 23, 2016 at 7:13 am - Reply

    So many renko bar variations on this site. What is the best one for trading? I am confused which one to choose … pro renko bars , mid renko or other renkos on this site.

    What i want is renko that doesnt repaint because i want to backtest and memorize renko patterns


    • Milan June 23, 2016 at 8:28 am - Reply

      Hello Andy, there are three indicators on this page, the two of them are Renko and differ only in wicks, the third one is a mod for experienced traders, not suitable for common Renko strategies.
      You may use them all concurrently with the single key.

  20. Tari July 20, 2016 at 6:34 am - Reply

    Hello. Please i seem to be having issues with my renko charts. After installation and following the required process, the renko chart refuses to work, and time is always behind. I have tried using mt4 build 971 and 988, but the case is still the same. The renko charts doesnt just populate, it stays on one spot and is late. Please Help

    • Milan July 20, 2016 at 8:23 am - Reply

      Hello Tari, please use the contact form when requesting support.

  21. Abdullah July 26, 2016 at 7:23 am - Reply


    I want to order Renko orginal
    already sent email for you yesterday
    waiting your replay to the Email

    • Milan July 26, 2016 at 7:32 am - Reply

      Hello Abdulah, you may use all Renko indicators on this page concurrently with a single license. Regarding special prices, they are available only to bulk buyers (3+ licenses of the same kind), for a single license you need to go to the Pricing&Order menu and pick the “Pay Now” button under the desired produce type.

  22. Abdullah July 26, 2016 at 7:40 am - Reply

    Done the payment for the single indicator

    • Milan July 26, 2016 at 7:54 am - Reply

      Thank you, enjoy. Do not forget the Renko FXT Builder raises its limit to 10k bars once your RenkoBar license is activated.

  23. Lee August 4, 2016 at 6:23 pm - Reply

    Hi, is there an indicator that generate hybric renko chart where all open price follow the previous bar close price? Thus the reverse direction renko bar is a double barsize as compared with normal renko barsize. Thanks.

    • Milan August 4, 2016 at 6:56 pm - Reply

      Hello Lee, this option is available for the Flex Renko chart, which is included in the OmniaBar indicator. You can have the Renko chart with setting 100/100 input values for the Flex Renko.

  24. Alex August 5, 2016 at 6:37 am - Reply

    Is the payment for the licensing of the products a one time fee?

    • Milan August 5, 2016 at 8:13 am - Reply

      Yes, it is a permanent license.

      • Alex August 5, 2016 at 8:32 pm - Reply

        Awesome! Can I also add it to other machines such as a laptop? I am using my desktop at the moment but I would like to use this on my laptop as well.

  25. Alex August 5, 2016 at 10:43 pm - Reply

    Sorry please disregard that last question as it is stated on the pricing section of the website. I currently have downloaded the MeanRenko Bar indicator; If I were to just need the key for that renko system I would have to purchase the Mean Renko Key only, is that correct?

    • Milan August 6, 2016 at 8:43 am - Reply

      The key for mean Renko is valid for the mean Renko indicator. It also increases automatically the limit number of candles generated by the Mean Renko Fxt Builder to 10k on a computer with that license.

  26. Arjan December 5, 2016 at 6:36 pm - Reply

    hallo ovo,
    he does not show the period separators.

    • Milan December 9, 2016 at 9:43 am - Reply

      Hello Arjan,
      change the offline ID in the inputs to less than 240.

  27. Zack December 9, 2016 at 9:04 am - Reply

    What does the SESS button do?

    • Milan December 9, 2016 at 9:42 am - Reply

      It restarts the chart generator with every time gap, i.e it does not continue with the last candle from yesterday, but rather starts a new one at the today’s open price.

  28. Farhan Seemab February 17, 2017 at 8:30 pm - Reply

    hii if i want to activate RenkoNoWickBar then i have to purchase the pack thanks

    • Milan February 20, 2017 at 1:43 pm - Reply

      For the RenkoNoWickBar you may use the RenkoBar or OmniaBar licenses.

  29. Farhan Seemab February 21, 2017 at 8:08 pm - Reply

    hii, i have last question because i am unable to understand it if i buy RenkoNoWickBar then how many times it can be used only for one time or as much as you want

    • Milan February 21, 2017 at 8:18 pm - Reply

      With the license for RenkoBar, you will be able to run RenkoBar, RenkoNoWickBar, RenkoHybridBar in unlimited number of copies on three computers, lifetime. You may pick other three computers in case you needed to leave or retire the hardware or reinstall the system.

  30. Peter February 22, 2017 at 9:00 am - Reply

    If Metatrader closes down MT4 and only makes MT5 available do we have to purchase a new product or will you provide an upgrade.
    Would there be any cost for this?

    Thank you

    • Milan February 22, 2017 at 9:16 am - Reply

      I have no option for the MT5, until Metaquotes implement custom charts in MT5 terminal. However, there are no messages about “closing down”, as far as I am informed. They still sell MT4 server licenses.

  31. Joseph March 12, 2017 at 10:34 am - Reply

    Im looking to have an EA programmed to trade off this indicator. Would it be possible for a programmer to make an EA simply based on the block color changes (ie 2 blue blocks buy long then 2 red blocks exit long position and enter short and so on ) if so what information would they need? Do you recommend any programmers? Do this sale provided the mq4 and ex4 file formats? and lastly Do you provide updates for your software when and if metatrader 4 “updates” again?

    Thanks for your time!

    • Milan March 12, 2017 at 11:07 am - Reply

      Yes, that should be piece of a cake for a programmer to create such a simple EA. Unfortunately I cannot help with the recommendation, I do not have knowledge of how the other coders perform.
      No, I do not sell any mq4 files. When the MQL4 updates and an incompatibility appears, I usually already have the new version, or I would publish a workaround when the incompatibility is behind the MQL language scope.

    • Robert June 30, 2017 at 5:20 am - Reply

      I need a coder to but i contacted my usual one & he said he could not code a ea for any renko generator here onovo so i guess the buffers are not available, this is necessary to code a ea in ex4 formatt…I asked this question specifically below & omniabar but i have not received a reply yet…I also asked anothed coder to look into it so when he gets back to me i will let you know his reply & put him in contact with you if it is possible, but i cannot guarantee the quality of his work as i have not worked with him before but he did try to help me with the problem at hand so he might be ok & he does have experience in mt4 coding.

    • Robert July 2, 2017 at 2:54 am - Reply

      Joseph look at my post below by “Robert” i have found a coder that says he can code a EA for OmniaBar & Renko, if you still need a EA coded let me know & i will put him in contact with you after my EA is done just to make sure that both of us do not wast our Time & Money.

      • Ian March 25, 2018 at 9:19 am - Reply

        thanks for your post – could you please put me in touch with the coder


    • Robert July 2, 2017 at 2:57 am - Reply

      Joseph read my Post below by “Robert” sorry for the confusion but this forum/blog does not work as usual.

    • William July 18, 2017 at 7:12 pm - Reply

      I was able to fing 2 coders that could code a EA for any Renko product here…The trouble in finding a coder is that it requires a more experienced coder…I actually had a coder do a EA for me using OmniaBar so this is the 1 i would recommend but if needed i will put you in touch with both if you still need one, or anyone else here, just post & i`ll get back to you asap.

      • Ian March 25, 2018 at 9:17 am - Reply

        thanks for your post – could you please put me in touch with the coder


  32. beranger March 20, 2017 at 4:42 pm - Reply

    I am a member of the spartan trader academy and been told to get in contact with you to order a discounted key for the ovo renko license .
    Could you please advise ?

    • Milan March 20, 2017 at 4:45 pm - Reply

      Hello beranger, you may get the discounted price with Spartan Traders, in case you are their student. Please search for the discount link in their students’ zone.

  33. Jilles April 16, 2017 at 10:11 am - Reply

    Hello Milan,

    I like your offline tester but I tried today after a long time again. I am using 1000 Bars for creating the Renko’s but after dragging the offline tester in the chart I only see a few Bars (5). Where are my other Bars which I had in the original Renko Chart???

    • Milan April 25, 2017 at 8:52 am - Reply

      Hello Jilles, I checked the script with a few new builds and all seem to carry all the candles, except the phantom bars.

  34. Farhan Seemab April 25, 2017 at 8:59 pm - Reply

    hii, i bought renko no wick bar licence bar key then for how many months this will be active and if it expires what i have to do. thanks

    • Milan April 25, 2017 at 9:02 pm - Reply

      It never expires, and it never gets consumed. You may even transfer it from one computer to any other computer.

  35. eugene May 23, 2017 at 12:10 pm - Reply

    hi milan i would like to obtain my renko and mean renko key , did it come wite the omnia remote control, and how to make paymet….i am from malaysia and i need some details about the payment…and can i use it on different forex broker :for example igofx , xm, forex4u and etc…….and how many key should i purchase

  36. eugene May 23, 2017 at 12:13 pm - Reply

    hi milan i would like to obtain my renko and mean renko key , did it come wite the omnia remote control, and how to make paymet….i am from malaysia and i need some details about the payment…and can i use it on different forex broker :for example igofx , xm, forex4u and etc…….and how many key should i purchase, pls reply me as soon as possible thank u

    • Milan May 23, 2017 at 12:19 pm - Reply

      Hello eugene, the remote is a free addition. There is no limit on brokers or accounts, the only limit is number of computers (or Windows user accounts if deployed on more than one Windows user).
      Paypal is listed in Malaysia, so no problem should arise with payment.

  37. eugene May 23, 2017 at 2:51 pm - Reply

    ok, that mean if i purchase the renko and mean renko ativation key it came with the omnia remote control, and also i can use those software on 3 computers(3 operating windows 10) rite….
    and the price will be 90USD correct

    • Milan May 23, 2017 at 3:02 pm - Reply

      Correct. The OmniaRemote has no restriction.
      Just consider that $90 is quite close to $120 for the OmniaBar, and you would have them all.

  38. eugene May 23, 2017 at 3:29 pm - Reply

    what is a omnia bar and what the purpose

    • Milan May 23, 2017 at 8:02 pm - Reply

      Omnia Bar is a single indicator, which can construct any of the charts presented in this site. Check the main menu – Products->Omnia Bar.

  39. eugene May 24, 2017 at 12:10 pm - Reply

    hello milan did u mean all the renko and meanrenko is inciude in omnia bar

  40. eugene May 24, 2017 at 1:09 pm - Reply

    hi milan i just pay 120USD for my omnia bar ,but i haven’t received any activation key in my gmail yet…… is there any problem…. pls need some assiat tq

  41. eugene May 24, 2017 at 1:57 pm - Reply

    hi mr milan ……so wich software should i download….need some assist tq

  42. michael June 11, 2017 at 10:42 am - Reply

    i downloaded the trial file.. and loaded it to mt4 chart.. m1.. open offline m2.. but nothing.. just the basic offline lines.. is there a tpl available?

  43. Robert. June 26, 2017 at 11:04 pm - Reply

    If i creat 2 or more charts with different time frames 2-m & 7-m etc. will all the charts up-date at the same time so they can be used simultainusly for trading? Do i need something else to up-date all charts in real time / simultainusly?
    If not why don`t you add this feature in future version / update.

  44. Robert. June 26, 2017 at 11:09 pm - Reply

    To clarify, i can use this on 3-different computers [ home pc + vps ] with unlimited instals of the indicator,correct? What if something happens and i need to change the 3- computers, is it possible w/o any further purchase?

    • Milan July 18, 2017 at 10:08 pm - Reply

      Robert, the answer is yes to all your questions.

  45. Robert June 29, 2017 at 3:20 am - Reply

    Are the renko buffers available so a ea could be developed for it?

    • Milan July 18, 2017 at 10:07 pm - Reply

      I am sorry, the indicator does not use any buffers.

  46. Michael September 21, 2017 at 1:19 pm - Reply

    I am unable to download for my windows laptop, it keeps downloading in the wrong type of format, is there another way I can download?

  47. okey September 22, 2017 at 5:31 pm - Reply

    Hi Milan, what other payment method can I use as I don’t have a PayPal account? I simply love you Renko products.

  48. Jozef October 8, 2017 at 4:42 pm - Reply

    I do not have and do not plan to open PayPAL account .. is there any other way to pay .. credit/bank card etc. .. I want to buy either RENKO alone or the entire OMNIA package.

    thanks for info


  49. Kishore November 25, 2017 at 3:52 am - Reply

    Hello Sir,
    I am interested in Renko and like to buy $45 package. I have already downloaded some files but not sure which files to be downloaded.
    Kindly help me to choose the essential files.
    Which video should I follow?
    Is there any PDF user guide?
    Your early reply will be highly appreciated.

    • Milan November 25, 2017 at 9:09 am - Reply

      The only essential file is any of the indicators displayed in the upper right corner of this page (you may take them all). For information about the optional stuff you may watch the video above and download them from the general Download page.

  50. Breezy December 12, 2017 at 12:04 pm - Reply

    Is it possible to have an alert everytime there is a new renko bar printed? or maybe a pip countdown on the chart

  51. Russky December 29, 2017 at 4:24 am - Reply

    I can’t find the renko mien indicator anywhere. Are you still selling this as a separate indicator or is it part of one of the inicator packages on your site?

    • Milan December 29, 2017 at 8:18 am - Reply

      Hello Russky, not sure what you meant exactly. There is the mean Renko indicator available in the site, however there is no indicator displaying Renko in a separate subwindow (if this was the point).

  52. patrick January 2, 2018 at 1:56 pm - Reply

    After testing the strategy, I had 80% efficiency. On a demo / real account it is 40-50% ?!
    Is there any chance for effective testing of syrategy?

    • Milan January 2, 2018 at 2:48 pm - Reply

      I suppose you are talking about the Renko FXT Builder, though we are in the Renko generator page. Not sure what you exactly call “efficiency”, but 45% gain in comparison to 80% is quite a big difference. My blind guess is the trades in the tester exactly correlate with the live ones by 95%, and the rest may suffer from slippage or may get skipped if broker does not accept them. So please check, if you set the spread realistically in your Strategy Tester, no idea what else could cause it.

  53. patrick January 2, 2018 at 3:39 pm - Reply

    When testing my EA, with renko 3pips the effectiveness of 80%, on the market of a real robot is practically lossy. The chart in the tester and the real / demo account is the same
    Thank you

  54. patrick January 2, 2018 at 9:22 pm - Reply

    How can I test the strategy RENKO with the correct spread?

    thanks for repl.

    • Milan January 5, 2018 at 2:28 pm - Reply

      Hello Patrik, this query is not relevant to this page, but there are a few brokers with history including the spread, check the data sources in FXT Builder help page.

  55. sree January 5, 2018 at 5:59 am - Reply

    HI , i purchased Pointobar indicator around 2 years now, but now its saying expired please do help me in resolving the issue
    thanks and regards

    • Milan January 5, 2018 at 8:53 am - Reply

      Hello sree,
      before I am starting with the help, please be sure you tried the license reset and you filled the license code back correctly.

  56. Wilfred March 26, 2018 at 5:16 am - Reply

    Hello Milan

    Please how can I get your skrill account to pay for a renko bar indicator? Thank you.

    • Milan April 27, 2018 at 4:51 pm - Reply

      Before Skrill payment use the contact form, please.

  57. Wojtek April 28, 2018 at 1:45 pm - Reply

    Hello there
    I’ve got a problem with your renko candles. It’s not work good on all of the pairs. On some pairs it only shows a few candles as you can see on the picture:
    I’ve set 100000 candles to starts with in the settings of renko. So why it does not work?

    • Milan April 28, 2018 at 2:28 pm - Reply

      Hello Wojtek, scratch the USDJPY history files (*.hst) – in [data folder]/history/[server]/ folder. They should be erased when the terminal is shut down. 100000 candles may take a while then.

  58. elland June 5, 2018 at 2:13 am - Reply

    Can i know the below questions

    How is m2,m3.m4 renko calculated?
    How is this candles formed base on m2,m3 and what is the difference?
    I understand that per candle is by brick in terms of pips. and some program it differently.
    Please reply.

  59. Marcelo June 18, 2018 at 11:35 pm - Reply

    What license should I buy for renko wicked renko bricks?
    Is This license also serves for original renko and hybrid too?

    • Milan June 18, 2018 at 11:59 pm - Reply

      You need the Renko license. Indicators listed in the top-right corner of this page are covered by this license. The PonitO indicator is not.

  60. Mahmet June 26, 2018 at 4:58 pm - Reply

    May i know when Renko for MT5 plan to be available
    Thx in advance

  61. Aly July 19, 2018 at 7:35 pm - Reply

    Hi Admin,

    I want to buy your median renko bar but from your video on installation guide and first step, I will also need to install omnia remote and omnia auto range indicators,
    Is it necessary to buy these indicators? and if without them, will the median renko bars work?


    • Milan July 19, 2018 at 10:25 pm - Reply

      Those indicators are free additions, and they are not required for creating the offline chart.

  62. Aly July 21, 2018 at 9:45 am - Reply


    Pls advise me which is better to trade, renko or range bar?


    • Milan July 23, 2018 at 4:16 pm - Reply

      I cannot trade Renko myself, while rangebars are my favourite. However Renko is far more popular.

  63. Tyler September 12, 2018 at 1:48 pm - Reply

    Is it possible to access multiple time frames of the renko bars from an EA? For example, monitor both a 4 renko and 6 renko chart from a single EA?

    • Milan September 17, 2018 at 9:41 am - Reply

      Yes, in the live operation you may address any offline chart quotes, supposing the chart has its window in the terminal (may be in minimised view). It is not applicable in the tester, though.

  64. Pho September 22, 2018 at 3:40 pm - Reply

    Hi Milan
    just dropped bye its great to see and people should apreciate, just this page above is showing 3 years of dedictaed support for a great product, used hourly by myself and always reliable. Many thanks for your dedication. Pho

    • Milan September 29, 2018 at 7:30 pm - Reply

      Pho, thank you for all your compliments. I am happy if my work helps you.

  65. Gerrit November 15, 2018 at 10:35 am - Reply

    How can I draw Renkobars with the Open ‘fixed’, as it is fixed per the option in the OfflineTestHelper? Thanks for letting me know.

    • Milan November 15, 2018 at 11:59 am - Reply

      You can’t. The option is using the OmniaBar’s Flex Renko instead, which has this option built in.

  66. Patrick November 25, 2018 at 5:00 pm - Reply

    I bought renko for you. Can I using it also mt5 ?

    Thank you.

    • Milan November 25, 2018 at 6:32 pm - Reply

      I do not think any MT4 indicator can be used in MT5. MT5 is a different platform.

  67. Radley November 26, 2018 at 5:13 pm - Reply

    hi, ive been using multiple different indicators of renko and they keep repainting swings once i refresh the chart. is this normal? if not can you guarantee that your renko indicator does not repaint the way these other fake ones have been doing.

    • Milan December 2, 2018 at 3:33 am - Reply

      Hello Radley, I do not know how other Renko indicators are constructed exactly, I guess they mostly interpolate candles of the current chart for the initial chart reconstruction. In such case such behaviour would be normal.
      Regarding the guarantee, a general disclaimer of responsibility applies.

  68. jose antonio December 4, 2018 at 5:47 am - Reply

    Hi Milan,
    I cant download any program, is there a problem with the page?

    • Milan December 4, 2018 at 3:57 pm - Reply

      It does not seem like there is a problem with any download.

  69. Majid January 28, 2019 at 2:52 pm - Reply

    I wanna use renko chart for my EA and I need the mq4 file
    can you sell the source code file also?

  70. Kuhan February 4, 2019 at 1:55 pm - Reply


    Any limitations in using your indicators on a Mac book?

  71. Darkmonk February 13, 2019 at 12:26 pm - Reply

    Hi, testing your products really impressed. My question and might have been asked before.Is it ok to put other indicators on the offline chart. The only confusion I see is switching back to original chart say on 15 minutes.So should one make the offline chart 15 minutes.Just learning Renko, always used Heiken Ashi. Thanks again for the development you have done. Tried doing codes for MT4 bloody hard.

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