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A Renko chart is a type of chart, developed by the japanese, that is built using price movement rather than both price and standardized time intervals like most charts are. It is thought to be named after the Japanese word for bricks, “renga,” since the chart looks like a series of bricks. A new brick is created when the price moves a specified price amount, and each block is positioned at a 45-degree angle (up or down) to the prior brick.
ADXRenko EA Work with Renko chart and a VPS
——————————————————————– Recommended: Renko box size: 10-30 Point Spread: >6 Point Broker: ECN Account with minimum spread Minimum balance: 1000 Dollar ——————————————————————– Indicator link: https://drive.google.com/file/d/1fUBfgSbP4QZ_5Q_4dauzTlwJuxjwcAZ1/view?usp=sharing ![]()