Constant Range Bars

**funyoo** · 05-25-2009 00:34

RENKO_2 is currently the best free indicator to get constant range bars.

**FXCode** · 06-02-2009 06:07

Very nice.
What is it used for? Identifying trends?

Thanks for sharing.

**funyoo** · 06-02-2009 08:35

Originally Posted by FXCode

Very nice.
What is it used for? Identifying trends?

Thanks for sharing.

That's correct, normally we put a moving average on it and we have a better idea of the current trend.

**SLCTaylor** · 08-28-2009 19:24

Hi all,

Does anyone know of an EA, even a basic one, that uses this Renko_2 indicator?

TIA!

**k15hor** · 09-03-2011 17:52

Hi Funyoo,
Can this be turned into bars on the main chart?

Thankyou

**funyoo** · 09-05-2011 19:03

Originally Posted by k15hor

Hi Funyoo,
Can this be turned into bars on the main chart?

Thankyou

Hi k15hor,

For this you can use the expert EqualVolumeBars.mq4 or the script s-Renko Bars.ex4.

**Karifan** · 09-12-2011 04:27

where can we find them, please?

**funyoo** · 09-12-2011 08:48

Originally Posted by Karifan

where can we find them, please?

Hi Karifan,

EqualVolumeBars - MQL4 Code Base
The second is a commercial script, you can use RenkoLiveChart instead : How to backtest Renko? @ Forex Factory

Thread: Constant Range Bars