Overlay Renko MT4
Overlay Renko is an indicator which plots Renko bricks overtop of the chart. You can select the brick size as well as whether or not to use the close price or the high/low price of the candles. Typically Renko bricks are based on price alone, not time, however unlike normal Renko bricks the only difference is this indicator allows you to see the price action going on within each Brick by overlaying the bricks on top of the standard chart. Renko bricks are extremely useful for trend trading and many different strategies can be formed from them. Buffers are provided allowing you to make an EA out of the indicator.