📈 ASki's MT5 Setup

ASki wrote: Tue May 26, 2026 1:50 am mt5 indi.png

This looks good ASki thanks for sharing your setup for everyone to try. Going to load it up when I'm back on my pc. Great chart colors too

At first I thought this had the Solar Wind indicator but looked into it further and the Trend Force uses a Spearman Rank Correlation.

Interesting set up mate, thanks!

Jimmy wrote: Tue May 26, 2026 7:48 pm At first I thought this had the Solar Wind indicator but looked into it further and the Trend Force uses a Spearman Rank Correlation.

The Trendforce is based off of leledc-ssrcforcefinal. I use it as a filter for market chop. I think the system works best with no wick renko removing the lag timeframes have with volatility spikes.

ASki wrote: Tue May 26, 2026 8:25 pm The Trendforce is based off of leledc-ssrcforcefinal. I use it as a filter for market chop. I think the system works best with no wick renko removing the lag timeframes have with volatility spikes.

Yes that's right leledc-ssrcforcefinal uses Spearman. Traders are quick to criticize all recalculating indicators but as you said, it can be used as a noise/market "state" filter.

PS: You've probably seen it already but there's also an old version for MT4 by Leledc who also made a non-repainting one.

Indicator fixes and updates for renko. I made a working renko generator EA and an EA using the Candles and histogram.

For ease of use, i'm consolidating the updated system here. No need to compile as they include .ex5. For the EA, you will need to enter the pair in the settings. The wanted StopLoss settings could change drastically depending on the instrument. Meaning a setting of 150 is nothing on XAUUSD, Indicies or Crypto. My logic is to use a wide stop loss as a fail safe. The template files path is MQL5-Profiles-Templates. If you find a good pair or settings, share them. Good luck, Pips up.