Re: Step Indicators for MT4

444
[quote=ionone post_id=1295389291 time=1557309590 user_id=4931653]
yes but be careful that renko bars are based on candles, not price action. a candle might be bullish, so the EA will create three up boxes, but maybe the price went up then down then up, so the correct way to put renko would be that. But basing renko on candles isn't accurate, that's why EAs based on renko always fail live

viewtopic.php?f=579496&p=1295389291#p1295389291


"EDIT : only on MT5 you can find tick based renko generators"






Does MT5 have this indicator?
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Re: Step Indicators for MT4

446
camisa wrote: Sat Apr 10, 2021 5:00 am hello mrtools

can you please make the arrows on chart because it draw several lines and you have to keep refreshing to have the lines correct
I have so many indicators in my folder was taking forever to tell what type of histo that was, so guessed it was this one, and added the arrows.
These users thanked the author mrtools for the post (total 6):
vvFish, ionone, thomdel, camisa, 太虚一毫, talaate


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