Hi everyone sorry i wasn't able to reply to all your questions yesterday. First of all, yes the lines are plotted from renko bars but not the mth renkos. I coded my own indi as i found the mth used up too much ram and at the time I couldn't afford a ...
Those tests are on the daily chart so it seems pretty good in providing market bias and overall trend direction. Sent him an email if i get access to it i will share here.