Just noticed this, will have to keep an eye on it today.
Seems Price action indi may work on renko charts too, when wicks are turned on.
This may give an early warning when trend is about to change or at least help me stay in a winner as long as possible.
Will see...........
I accidental attached one of my c4/nitro templates to a regular candle stick chart & was kind of surprised at what I saw.
I have to hand it to dxtrade's indis, if you filter out the bad signals with momentum or whatever they are pretty darn accurate.
Please excuse my French CatPreacher.
PS: Last screen shot added begs the question, " Is this the simplest method you've ever seen?".
Seems Price action indi may work on renko charts too, when wicks are turned on.
This may give an early warning when trend is about to change or at least help me stay in a winner as long as possible.
Will see...........
I accidental attached one of my c4/nitro templates to a regular candle stick chart & was kind of surprised at what I saw.
I have to hand it to dxtrade's indis, if you filter out the bad signals with momentum or whatever they are pretty darn accurate.
Please excuse my French CatPreacher.
PS: Last screen shot added begs the question, " Is this the simplest method you've ever seen?".