[PoshTrader] Renko Tails free

by Jiri in category Other at 11/06/2020

ctrader renko tails

Renko Tails or also known as Renko Wicks will add high and low prices achieved in each Renko bar, just like any other periodicity, and thus provide you with some important additional information regarding how price moved during the formation of that Renko bar.

It’s very easy to use, just attach the indicator on the Renko chart. Colors inherit from chart settings so no need for any configuration. Additionally, the indicator exposes high and low prices so it can be referenced in other indicators on the chart.


How to install?

You might also be interested in:

[PoshTrader] ADX Signed

[PoshTrader] Bid and Ask

[PoshTrader] Deal Map

[PoshTrader] Divergence Spotter

[PoshTrader] Market Sentiment

[PoshTrader] Pivot Points

[PoshTrader] Position Axis

[PoshTrader] Renko Tails

[PoshTrader] Symbol Watermark

How to install
Notification Publishing copyrighted material is strictly prohibited. If you believe there is copyrighted material in this section you may use the Copyright Infringement Notification form to submit a claim.
Formula / Source Code
Language: C#
Trading Platform: cAlgocTrader
/* -------------------------------------------------------------------------------
 *      [PoshTrader] Renko Tails
 *      Copyright (C) 2020, PoshTrader Ltd (https://poshtrader.com)
 *      PoshTrader reserves the right to modify or overwrite this algo with each release.
 *      https://poshtrader.com/items/ctrader/3749/
 * -------------------------------------------------------------------------------

using cAlgo.API;
using PoshTrader.Licensing;

namespace cAlgo
    [Item(3749, "Renko Tails", Author = "PoshTrader")]
    [Indicator(IsOverlay = true, AccessRights = AccessRights.FullAccess)]
    public class RenkoTails : Indicator
        protected override void Initialize()
            new ItemLicense(this);

        public override void Calculate(int index) { }

tomasnovak - August 16, 2020 @ 18:28

The Renko Tailes themselves are pretty great and very useful for trading. But for some reason they eat up extreme portions of RAM. It's about 1.5 GB additional memory usage if I put them on all my 3 charts. And if I need to load some older data to check previous movements it goes over 2 GB.

alcanfor_1 - December 10, 2020 @ 22:50

Hello. Friend, congratulations on the tool. Very useful for those who operate with Renko. However, at the time of installation you ask for "unlimited access". Please, do you have a version that does not require this type of access? Thanks.