AdaptiveRenko – indicator MetaTrader 5

Fig.1 The AdaptiveRenko indicator
The real author: Svinozavr The NRTR Moving Average from Konstantin Kopyrkin for trailing stops and trends display. Dotted line is the upper and the lower boundaries of the channel (bricks). Solid lines are support/resistance lines.  The restriction on the minimum thickness of the brick (field WideMin eliminates false switching to thin market) and judging by … Read more