Indicators: GDS Renko Canvas + Bollinger
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GDS Renko Canvas + Bollinger:
A compact educational indicator for MetaTrader 5 that renders classic fixed-size Renko bricks on a single CCanvas bitmap layer and overlays Bollinger Bands calculated directly from completed Renko closes. The horizontal axis represents Renko sequence rather than time. The internal Renko builder uses incoming BID ticks and the classic two-brick reversal rule. Bollinger Bands are calculated only from completed Renko bricks; the forming brick is never used in the band calculation.
Author: Andrey Goida