And how did you deduce that? One thing that I consider is the height of the histogram bars. There are 4 decreasing, blue histogram bars prior to the SELL alert. So, the downtrend is already a few hours old. Also, there are no Awesome bars. A light ...

PlanetX Indicator - can this indi be used for trading?

This is great -- thank you!! And you know what would be even greater? A chart where you place numbers that correspond to all the points you just made. You could provide us a year's worth of trading experience in one picture...

PlanetX Indicator - can this indi be used for trading?

When you asked before, I bit -- I'll bite again. So, why did the chicken cross the road you go long ? Could it be because PlanetAwesome-Osc shows a BUY alert on Bar[1]?

PlanetX Indicator - can this indi be used for trading?

I apologize -- I took it the wrong way. Thanks for your post...

PlanetX Indicator - can this indi be used for trading?

I've added it to post #1 and will update it as you progress -- thanks...

PlanetX Indicator - can this indi be used for trading?

Okay -- I'll consider that indi now carved in stone. If I modify it in the future I'll add a version number. Also, I'll leave the buffer IDs the same. And I have a question -- I consider the OnChart version a "subset" of the Hist version. What do ...

PlanetX Indicator - can this indi be used for trading?

Okay, I'll bite. Why?

PlanetX Indicator - can this indi be used for trading?

@SwingMan -- please, your comments are **always** welcome, along with your humor. You are one of the giants who's shoulders I stand on...

PlanetX Indicator - can this indi be used for trading?

Not too shabby -- thanks. If you don't mind, can I ask what tool that is. I hope you're not selling it -- that would get us all in trouble...

PlanetX Indicator - can this indi be used for trading?

I see you've added the LuckyReversal indicator to your chart. I had too -- it's pretty. But then I checked it with Strategy Tester and saw that it repainted. Perhaps still nice to have around to provide hindsight context, but questionable for ...

PlanetX Indicator - can this indi be used for trading?

I really like the BodySwitch indicator. I'm going to take a closer look. It looks like it might even get us into a trade a bar or two earlier. Thank you @SwingMan...

PlanetX Indicator - can this indi be used for trading?

It's a "feature"... What did you do to fix it? Some offset from the open / close of each bar?

PlanetX Indicator - can this indi be used for trading?

It's an MT4 charting issue -- it has nothing to do with the algorithm. It might also have something to do with the fact that Renko data is created offline -- in a FILE. And the data in the file is subsequently fed to the chart. Normal (non-Renko) ...

PlanetX Indicator - can this indi be used for trading?

Actually -- that might be progress. Try this one... file

PlanetX Indicator - can this indi be used for trading?

Give this version a try -- it uses the same data but charts a line instead of a histogram. file

PlanetX Indicator - can this indi be used for trading?

I see -- thanks. I was just curious...

PlanetX Indicator - can this indi be used for trading?

Okay -- I see, thanks. I'll also noodle on it but nothing comes to mind at the moment. Actually, I have an idea that might work. PlanetX uses MT4's DRAW_HISTOGRAM style to draw histogram bars and this may sometimes pose a problem for Renko. I can ...

PlanetX Indicator - can this indi be used for trading?

You can send him a Private Message (PM) and that way the thread can stay on topic and we don't have to sift through the posts that you and @Brambilla exchange. Alternatively, perhaps @Brambilla could initiate the PM since he is a more experienced ...

PlanetX Indicator - can this indi be used for trading?

Could you highlight on the chart what you mean by "mess up"? Also, since that is a Renko chart, then why aren't all the bars the same height?

PlanetX Indicator - can this indi be used for trading?

In v6 I changed to using Open price, whereas v3 uses Close price -- that may be what you're seeing, I don't know. I have no clue what you mean by "accurate" and I've never before heard of anyone who trades by repeatedly opening and closing their MT4 ...

PlanetX Indicator - can this indi be used for trading?