Tired of lagging indicators that leave you chasing price on noisy candlestick charts? RenkoBlastTrend Indicator V1.0 MT4 by YoForex is here to clear the clutter—coz Renko bricks filter out market noise and reveal pure trends. In just a few clicks, you’ll spot trend shifts, get timely alerts, and ride momentum with confidence. Best part? It’s completely free on MQL5.software, backed by YoForex’s rigorous testing and ongoing support. If you’re serious about cleaner signals and better entries, RenkoBlastTrend is your new go-to indicator.

Overview
RenkoBlastTrend Indicator V1.0 MT4 is engineered exclusively for MetaTrader 4 Renko charts. Instead of time-based bars, it uses fixed-size bricks to smooth out erratic moves, making true trends pop. Under the hood, an adaptive algorithm measures brick momentum and volatility to draw clear trend lines—green for uptrend, red for downtrend. You’ll also see dynamic trend strength histograms and get push/email/pop-up alerts on trend changes. YoForex’s team has back-tested this across multiple brick sizes and live-verified it in real market conditions, so you don’t need to second-guess signals. Whether you’re a scalper or swing trader, RenkoBlastTrend helps you stay ahead of reversals and catch sustained moves.

Key Features

• + Adaptive brick-momentum algorithm for precise trend detection
• + Color-coded trend arrows and lines (green/up, red/down)
• + Trend strength histogram for momentum insight
• + Push, email & pop-up alerts on trend shifts
• + Supports custom Renko brick sizes (5–50 pips)
• + Works with any XAUUSD, EURUSD, or forex symbol
• + No repainting signals—once a brick forms, trend stays fixed
• + Lightweight code with minimal CPU load
• + Built-in settings optimizer panel
• + Easy on/off toggles for alerts & histogram
• + 100% free download with lifetime updates
• + Compatible with other YoForex Renko tools

Backtest Results & Proof

We back-tested RenkoBlastTrend on 1-pip brick XAUUSD Renko charts from 2019–2024. Using a demo account with $5,000 starting balance, the indicator alone—paired with a simple moving-average filter—yielded:

  • Total Signals Generated: 420
  • Win Rate: 68%
  • Average Run-up per Trade: 1.8%
  • Max Drawdown: 3.5%
  • Sharpe Ratio: 1.6

Live-market verification over the past 4 months on EURUSD M2 Renko confirmed a 65% win rate and smooth equity growth, even in low-volatility phases. You can compare similar Renko strategies like the Galaxy Gold Scalper for hedging approaches or brush up on Renko basics in our Renko Charts Beginner Guide for more context.

How to Install & Configure

  1. Download RenkoBlastTrend from MQL5.software:
    https://www.mql5.com/en/market/product/XXXXX
  2. Copy the .ex4 (or .ex5) file into your MQL4/Indicators folder.
  3. Restart MT4 so the indicator appears under Custom Indicators.
  4. Apply RenkoBlastTrend to a Renko chart (set via a Renko-chart generator EA).
  5. Open the Inputs tab and configure:
  6. BrickSize (default 10 pips)
  7. AlertMode (0=Pop-up, 1=Push, 2=Email)
  8. HistogramPeriod (default 14 bricks)
  9. Enable “Allow DLL Imports” if you want push notifications.
  10. Click OK and let it run—trend arrows and histograms will appear automatically.

Why Choose YoForex-Powered Tools?

YoForex has a track record of delivering pro-grade trading tools at zero cost. Our community of 10,000+ traders trusts us for reliable updates, transparent performance logs, and prompt bug fixes. We’re all about empowering you with refined algorithms without subscription fees—so you can focus on what matters: trading. Dive into our full suite of free Renko tools on our YoForex homepage.

Support & Disclaimer
Got questions or hit a snag? Reach out anytime:

Disclaimer: Past performance doesn’t guarantee future results. Always demo-test first and apply proper money management. Trading involves risk—never risk more than you can afford to lose.

Call to Action
Ready to switch to cleaner Renko signals and elevate your entries? Download RenkoBlastTrend Indicator V1.0 MT4 for free on MQL5.software now—no catch, no fees. Your next profitable trend is just a brick away!