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FX Blue Renko indicator for MT4

The Renko bar indicator draws Renko blocks on a normal MT4 time-based chart. The blocks can either be drawn as continuous, or as separated elements whenever a new Renko block is completed. he indicator can also be used to create an offline MT4 chart containing only the Renko blocks - a more traditional Renko chart which is not time-based like a normal MT4 chart.

Download - FX Blue Renko indicator for MT4

Free download *

Online user guide

* Requires registration - free

About the app

The Renko bar indicator draws Renko blocks on a normal MT4 time-based chart. The blocks can either be drawn as continuous, or as separated elements whenever a new Renko block is completed. (The blocks have varying widths, or gaps between them, because Renko bars are not time-based and have varying durations).

The indicator can also be used to create an offline MT4 chart containing only the Renko blocks - a more traditional Renko chart which is not time-based like a normal MT4 chart:

The indicator has many useful features such as the ability to display the price at which a new block will start, to issue alerts when new blocks are confirmed etc. For more information, please see the online user guide.

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