HiperCube Renko Candles
- Indicators
- Adrian Lara Carrasco
- Version: 1.1
- Updated: 21 August 2024
Welcome to HiperCube Renko Candles
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This indicator provide you a real info of market transform it to Renko Candle Style.
Definition
Renko charts are a type of financial chart that measures and plots price changes, using bricks (or bars) to represent price movements. Unlike traditional candlestick charts, Renko charts do not display time-based information, focusing solely on price fluctuations.Features:
- Indicator in separate windows
- Custom your candles Colors
- Custom Size of Candles/Bricks in pips
- Chat GPT and AI was used to develp it
Example Strategy with Renko:
- Identify trend
- wait to pullback and engulfing with renko candles
- Put your entry
- SL Lower of engulfing
- TP at Risk Reward 1:2, 1:3...