To install renko chart, you’ll first need to find a working renko EA, Indicator or Script. They come in different forms and with different codes. So basically, not all renko charts look/work the same. Once you’ve decided the type of renko that you want, the next thing to do is to download and install the renko. If it was an Indicator, you’ll need to follow the steps to install an indicator, If it is an EA or a script, you’ll need to go into the “MQL4” folder, and look into the sub folders for “Experts” or “Scripts” respectively. Once you’ve copied and pasted the file, close and reopen your Mt4.
Renko charts only work when the markets are opened. Once you load the renkoea/script or indicator on your chart, there will be a notification on the chart, letting you know when the offline chart has been created. Once you see this notification, go to the top left of the platform, on “File”, click on “Open Offline”. Here, you select the offline chart that you created. Here is a video on how to install renko charts: