Thread: Actual Renko
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Old 11-15-2007, 03:40 PM
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Question Renko for MT4

This Renko doesn't seem quite like the others. I'm used to setting .002 for 20 pips on the majors, 0.5 for G/J, etc... but this one doesn't seem to allow for decimals. If I want 20 pips per box, would I put that in as just a straight 20, then? This particular Renko also seems to scale according to timeframe, which doesn't sound quite right. Is it used slightly differently? Is there perhaps a tutorial somewhere?

Many thanks in advance,

-=Black Knight
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