Indicators: Blue Renko Bars
All right, I got it. You can add it. Great.
Hello, do you have one for MT4?
There is another solution for mt4, probably more convenient. and there are many more of them freely available.
I can't overcome it, but I would like to see how a graph stretched on a sine wave looks like. :)
In the code base there are indicators that calculate trigonometric phase (in degrees) and amplitude of the expected wave. MT4, MT5. The value changes in ascending order. The bar cutoff step can be determined by the phase difference.
"Graph of equal delta of trigonometric phase." might be of interest?
- www.mql5.com
it is a super job .. you can create an ea of this indicator .. the basic signal entry by exit of the candles

Blue Renko Bars:
An indicator for constructing Renko bars in the chart sub-window.
Author: Artur Smorodin