Ag_renko indicators - an alternative way to build Renko charts
As you know, in the MetaTrader 4 terminal Rekno charts are created on offline charts with custom timeframe. indicators Ag_renko allows you to build Renko charts in an alternative way.
Ag_renko indicators are presented in two variants:
- ag_renko_chart
- ag_renko_bricks
The ag_renko_chart indicator displays Renko lines in the form of waves and levels, as well as switching signals on the price chart.
The ag_renko_bricks indicator uses the readings of the ag_renko_chart indicator and draws the actual Renko charts in a separate window.
Ag_renko indicators can be used separately, but since one indicator uses the readings of the other, it is necessary to compile both indicators.
According to ForTrader.org experts, the Ag_renko indicators, due to their simplicity, will be a convenient and effective tool for traders who use Renko charts in their trading.
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