Renko Chart Profile
- Indicators
- Makarii Gubaydullin
- Version: 1.0
- Activations: 10
Filter out small price movements and focus on the larger trend.
Renko chart indicator will help you to filter out a minor price movements so that you can focus on the overall trend.
The price must move a specified amount to create a Renko brick.
This makes it easy to spot the current trend direction in which the price is moving.
My #1 Utility: includes 65+ features | Contact me if you have any questions | MT5 version
In the settings of the indicator, you can configure:
Calculation Settings:
- Block size, in points;
Indicator Style:
- Block colors;
The program file must be placed in the "Indicators" directory.