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Thread: Constant Range Bars

  1. #1
    Administrator funyoo's Avatar
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    Default Constant Range Bars



    RENKO_2 is currently the best free indicator to get constant range bars.
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  2. #2

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

    Thanks for sharing.
    FXCode Inc.
    Expert Advisor Developer

  3. #3
    Administrator funyoo's Avatar
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    Quote Originally Posted by FXCode View Post
    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.

  4. #4
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    Question Renko EA

    Hi all,

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

    TIA!

  5. #5
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    Default

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

    Thankyou

  6. #6
    Administrator funyoo's Avatar
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    Quote Originally Posted by k15hor View Post
    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.

  7. #7
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    Default

    where can we find them, please?

  8. #8
    Administrator funyoo's Avatar
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    Quote Originally Posted by Karifan View Post
    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

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