Tipu Renko 10
Tipu Renko 10 is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is Renko bricks. It draws arrows on the chart and can send alerts. It has 11 settings, for example e Renko Mode (default 0), e Renko Mark (default 1) and i Renko Size (default 20). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Tipu Renko 10
Tipu Renko 10 is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 11 settings, such as E renko mode, E renko mark and I renko size. MQL source code included.
Files in the download: tipu_renko.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| E renko mode | 0 | Box Mode |
| E renko mark | 1 | Renko Mark |
| I renko size | 20 | Reko Size |
| E renko style | 0 | Line Style |
| I renko width | 1 | Line Width |
| C up candle | C'31,159,192' | Up Color |
| C dwn candle | C'230,77,69' | Down Color |
| B fill | true | Fill Candles |
| B alert m | false | Alert Mobile |
| B alert s | true | Alert Onscreen |
| B alert e | false | Alert Email |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Renko · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code