Disliked{quote} Wahaj, for unknown reason, i couldn't use your RenkoAM v-2.0 indicator. It made my MT4 screen freeze. So, for a moment, i do not use it. Could u explain more about this indi ? I don't get the point from the explanation above Regards, GMIgnored
Glad to see you in here (FF) also. Welcome to the thread!
The purpose of RenkoAM is to avoid the whipsaws during news times, like NFP news, the market will move immediately most of the time without the interval of even 1 minute, then these are non-trending conditions because only robot can take these kinds of trades, as the system is not based on Robots but completely based on human actions.
if you can't use it in your MT4, no problem, just make sure that the signal bar took at-least 4-5 minutes to form by moving your cursor to bar, on the low side of MT4, you will see details, compare the signal bar time with previous bar, otherwise, stay away from the market.
But, if you think there is no need of it and you can do better without it, just skip it, do only with what you are comfortable to.
Hope this helps!
Best Regards and Profitable trades to you,
PrinceWahaj