Renko bars indikator4/11/2023 ![]() Now go to the left side of your MT4 terminal. You can gain access to this folder by clicking the top menu options, which goes as follows:įile > Open Data Folder > MQL4 > Indicators (paste here). How to set up the Renko Alarm indicator in MT4?ĭownload the Renko Alarm.rar archive at the bottom of this post, unpack it, then copy and paste the Renko Alarm.ex4 or Renko Alarm.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform. Feel free to experiment with the settings and parameters to fit your personal preferences. The default settings can be modified directly from the input tab. It is displayed directly over the main trading chart. The Renko Alarm Indicator fits all kinds of timeframes and currency pairs. ![]() Please check our post about “Renko Charts” to learn more about how precisely Renko Bars are formed. The Renko Alarm Indicator give alerts when the new Renko bar is formed. Introduction to the Renko Alarm Indicator
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