MedianRenko manual pages

Installing the Ultimate Renko plug-in on MT4

Plug-in installation

To start the installation process download the latest plug-in and follow these steps:

First open MT4 and make sure that you have enabled DLL imports. This is done in the Expert Advisors tab of the MT4’s Options window (you can press CTRL-O to bring up this window in MT4):

mt4-setup

Make sure that you have enabledAllow DLL imports” as presented on the screen above. ...

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Backtesting EAs on RangeBars, Renko, Median Renko & PointO charts using tick data on MT4

This is a step-by-step guide to help you with testing EAs on various price based charts using tick data. The backtests will be performed with 99% modeling quality.

You will need the following software components (links provided in the list below):

Step 1 – Downloading tick data needed to perform the backtest

There are several ways to acquire tick data for the time period we wish to perform the backtest on. Personally I use the Tick Data Downloader program, which is really ...

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Range, Renko, Median Renko & PointO info indicators

Special informative indicators have been bundled with the following plug-in packages for Metatrader4.

They are designed to be optionally placed on the custom offline charts to provide additional information to the trader.

The indicators have an “_info” suffix and are located under “Custom Indicators” in MT4’s Navigator Window. They are used to display the projected thresholds, which should be crossed by price in order for a new bar to form. These levels are marked by green and red price ...

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