Renko Block Charts known for the simplicity and a good trend following noise filtered chart.
Renko also give us flexibility for displaying it on MT4, because it available in 3 versions, as a script, as an indicator, as an EA and it is up to you to choose which version do you like.
But the big problem, we can't backtest it.
Very appreciate if anyone know how to backtest Renko and share with us.
Thank you in advance.
Renko also give us flexibility for displaying it on MT4, because it available in 3 versions, as a script, as an indicator, as an EA and it is up to you to choose which version do you like.
But the big problem, we can't backtest it.
Very appreciate if anyone know how to backtest Renko and share with us.
Thank you in advance.