The indicator draws renko charts on different symbols.
- Just drag the indicator to the M1 timeframe
- Real-time updates
- It can be used in technical analysis and in the work of Expert Advisors
- Test your strategy using the Renko indicator
- BOX SIZE: the number of the field size. The size of the field reflects the difference in the price of the symbol. The size of the field 50 reflects the difference in the values of the currency pair in 5 pips
- Show Wicks: If true, display the highs/lows of the bars.
- Run the indicator on the M1 chart to draw the renko chart
- The size of the input field to display the difference used
- Use the renko graph only on M1.
- View the screenshots to understand how it works
The advantages of Renko charts, as well as indicators and Expert Advisors based on them, are described in more detail in the “Discussion”section.