22.03.2018
Futures trading for beginners
RenkoSW - Indicator for MetaTrader 4
TypeIndicators
PlatformMT4
Version10
Date created 2 January 2016
Date updated 7 August 2017
Formatmq4
Size6.6Kb
Downloads217
Rating
The indicator is of a group of trend tools for technical analysis. It displays the price movement using the Renko chart. It allows determining a stable trend and filtering the market noise and insignificant price fluctuations.
In the indicator settings, it is possible to change the size of the rectangle in points and the number of bricks to pass, so that the indicator fixes the new trend.
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