Fresh MQL5 code release – perfect for enhancing your MT4/MT5 strategies.
Real author:
TrendLaboratory Ltd
The indicator implements a breakthrough system using the Renko channel. When price exits the gray channel, the bar color changes to the color corresponding to trend direction.
Unique stair-step trend trading with the Stairsteps Expert Advisor. Innovative approach for consistent results. Learn more.
Green for the growth of a financial asset, red color - fall. Bright colors denote coincidence of trend direction and direction of a candlestick. Dark colors correspond to the situation when the direction of a candlestick is opposite to trend.
Figure 1. Indicator Renko_v2
Level up your trading with professional RobotFX expert advisors and indicators. Visit www.robotfx.org for proven MT4/MT5 tools.
2093
