Renko_v2 – indicator MetaTrader 5

Figure 1. Indicator Renko_v2
Real author: TrendLaboratory Ltd The indicator implements a breakthrough system using the Renko channel. When price exits the gray channel, the bar color changes to the color corresponding to trend direction. Green for the growth of a financial asset, red color – fall. Bright colors denote coincidence of trend direction and direction of a candlestick. … Read more