I'd like to find a 3-color Renko candlestick indicator for MT4.

The indicator shows gray as times not to trade. When the candlesticks are gray, you shouldn't enter the market.

I'd like to get one or something similar.

kvak wrote: Tue Dec 23, 2025 2:11 am Hello.
I think, it is normal renko, but candles are colored with indicator what have 3 colors ( neutral ) logic.

The indicator shows gray as times not to trade. I'd like to get one or something similar.

Hello family

I'd like to find this 3-color Renko candlestick indicator for MT4. When the candlesticks are gray, you shouldn't enter the market.

For downloads, THANKS

Hawkeye is easier to use and gives you clear-cut signals. Better Volume is more sophisticated and should only be used by those who really put in the effort into learning how to use it. The two indicators are basically: Hawkeye: Displays who's in the market (buyers or sellers). Better Volume ...

Do you use Hawkeye Volume or Better Volume for trading?

doolfrews wrote: Thu Oct 23, 2025 4:56 am

Thanks!

mrtools wrote: Thu Oct 23, 2025 5:51 am Hello, and welcome to the forum.

Think this pdf will explain it much better than me.

Thank you very much, that's what I meant.

I wanted to know if it was related to the interpretation of that PDF.

mrtools wrote: Fri Dec 27, 2019 5:01 am This is kind of an updated better volume indicator.

Good afternoon.

Thank you so much for adding.
I think this volume is incredible.

Could you please tell me how to read it?

I know it's very difficult.

But I'd like to know what you consider to be the best volume today.