Hi,
I've got a question. I've noticed on another forum a guy is using what he calls momentum bars or range bars. The attached chart shows what these look like. It looks really neat. I haven't had any luck finding such indicator for MT4, the closest thing is the Heiken Ashi candles, but that doesn't even come close to the range bars (I'm not exactly sure that this is the name of this indicator either, hopefully someone here knows what it really is). All answers will be appreciated!
I've got a question. I've noticed on another forum a guy is using what he calls momentum bars or range bars. The attached chart shows what these look like. It looks really neat. I haven't had any luck finding such indicator for MT4, the closest thing is the Heiken Ashi candles, but that doesn't even come close to the range bars (I'm not exactly sure that this is the name of this indicator either, hopefully someone here knows what it really is). All answers will be appreciated!
Attached Image