Dislikedhi folks, thanks to the OP for this thread, it's good to see other FF members put renko to good use.
I've a few questions ...
Is there an MT4 indicator to show the information on current renko bar and previous renko bar - open and close info is all I need?
is there any mt4 indi which sounds/sends an alert for the following condition:
1. price reaches a horizontal level user specifies
2. renko bar closes at/around this level (alert given)
3. renko closes opposite color (alert given)
i guess this can help detecting possible reversals instead...Ignored
RenkoColorChangeAlarm.mq4 2 KB | 1,424 downloads