RSZ Renko Structure Zone Indicator Complete Installation Guide
[DISCLAIMER] This article is for educational and informational purposes only and does not constitute investment advice. Readers should consult with qualified financial professionals before making any investment decisions.I. Download Indicator Files
1.1. Visit Official Website
Visit the official website: https://www.fxcns.com
1.2. Navigate to Indicator Page
In the top menu bar of the website, click "Smart Trading" → "Renko Structure Zone (RSZ) Indicator" to enter the indicator details page.
1.3. Download Indicator Files
After entering the indicator introduction page, you can first browse the related feature descriptions. Then scroll down to the bottom of the page, where you will see download buttons for both MT4 and MT5 versions of the RSZ indicator. Select the appropriate version based on your trading platform and download it.
II. Install Indicator
2.1. Locate Downloaded Files
After downloading, you can find the compressed files in your download directory:
- MT4 version:
mt4_Fxcns_RSZ_2.15.zip
- MT5 version:
mt5_Fxcns_RSZ_2.15.zip
Note: "2.15" represents the current version number
2.2. Extract Files
Right-click on the corresponding .zip file and select "Extract All" to decompress the files.
2.3. Open Extracted Folder
After extraction, double-click to open the folder:
- MT4 version:
RenkoStructureZones_mt4_2.15
- MT5 version:
RenkoStructureZones_mt5_2.15
Inside the folder, you will see an MQL4 or MQL5 folder.
2.4. Copy Indicator Files
Select the MQL4 or MQL5 folder, right-click and choose "Copy".
2.5. Open MT4/MT5 Data Directory
- Open your MT4 or MT5 trading software
- In the menu bar, select "File" → "Open Data Folder"
- The system will open a folder named with a 32-character MD5 hash value (e.g., E1FDFA14D22035F3134B49B60F689821)
- In this folder, you will also see an MQL4 or MQL5 folder
2.6. Paste Indicator Files
Right-click in the blank area of the data folder and select "Paste". The system will automatically copy files to the appropriate directories according to the directory structure. If you have previously installed our indicators, the system will prompt for overwrite confirmation - please select "Overwrite All".
Tip: Our indicator files have unique naming conventions and will not overwrite any of your existing files. Please proceed with confidence.
2.7. Refresh Indicator List
Return to the MT4 or MT5 interface, in the left "Navigator" panel:
- Right-click on the "Indicators" option
- Select "Refresh"
- After refreshing, you will see two new indicators:
RenkoStructureZones_CN
(Simplified Chinese version)RenkoStructureZones_MLV
(Multi-language version)
Note: The MLV version supports multiple languages including Traditional Chinese, English, French, Japanese, Korean, and Russian.
2.8. Add Indicator to Chart
Select the desired indicator version, double-click or drag it onto the chart. The system will display the indicator settings dialog box.
2.9. Configure DLL Permissions
In the "Dependencies" tab:
- Ensure "Allow DLL imports" is checked
- The only DLL used by the system is the wininet component (built-in Windows system component)
- This component is used for indicator authentication and must be enabled for proper functionality
2.10. Configure Indicator Parameters
In the "Inputs" tab, there are two important parameters:
Use Adaptive Bricks:
- Default value: true (recommended)
- Function: System automatically adjusts brick size based on market volatility
Fixed Brick Size:
- Default value: 0.0002
- Usage condition: Set "Use Adaptive Bricks" to false to enable this option
2.11. Complete Installation
After completing the settings, click "OK". The indicator will begin calculating based on the candlestick data.
Note: If you have extensive historical candlestick data, the indicator calculation time may be longer. Please be patient. Once calculation is complete, the RSZ indicator will display normally on your chart.
Language Adaptation Note: Regardless of which version you choose, the indicator interface language will automatically match your MT4/MT5 system language. If your system language is not within the supported range, English will be displayed by default.