ffsss wrote: Tue Feb 14, 2023 1:28 am Seems interesting, but the bsp indicator doesnt look that goon on my renko chart. Could you share a screenshot?

Here is what the BSP indicator looks like on a US30 chart with 5-point Renko boxes (top subwindow). The timespan of this picture is 10-11am EST today. This is kvak's version that stays loyal to the original formula. EMA for both moving averages, a moving length of 100 for both averages, and that's it.

Notice how it keeps us in the long trending moves and then gives us a better idea of trend exhaustion. Most other indicators used on a Renko chart would force you to exit a lot earlier and miss out on even greater trading gains.