AdaptiveRenko Cld HTF
AdaptiveRenko_Cld indicator with the timeframe selection option available in input parameters:
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Indicator chart period (timeframe)
For the indicator to operate, the AdaptiveRenko_Cld.ex5 indicator should be added to the <terminal_data_directory>\MQL5\Indicators folder.
Know about this indicator
AdaptiveRenko_Cld_HTF is a new buy sell indicator mt5 designed to improve your trading performance. It uses Renko charts and adaptive hedging to help you make informed decisions while the market is moving.
This indicator for the mt5 chart can be used in MetaTrader 5 platform, so it’s available right away when you open the software. You can also use it with any other platform that supports Renko charts, such as Windows or Android devices.
To get started, simply install the AdaptiveRenko_Cld_HTF module (available on our website) and insert it into your charting context. This includes defining how often the indicator should update (every five minutes by default), setting up ranges for each parameter, and choosing whether you want automatic or manual hedge formation based on price movement patterns.