Good thread Jaayazan.
I adapted these specifically for renko but they work just as well on range.
Target indicators are exit warnings and can ONLY be used in live charts - back testing cannot be done as they recalculate. Using both together is a highly recommended. Traders scalping need exit warning unless they are using other methods of targeting and closing trades.
Dema trend averages are my version of Guppy.
TEAMTRADER