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do anybody knows is ther is diffrent versions of this indicator and if so what is the last version

I found Renko on mt4 is very CPU and Memory intensive , its ok to watch one chart but that is about all

Be carefull of trading lower timeframes. you usally miss the bigger picture, or another trade on n diffrent pair

Please post a image of the indicator, , a picture is worth a thousant words

Thanks i wil read your setup and if it soot my trading style wil incorporate it

With that in mind you winning persentage could be low but pips gained high

It is not about how many trades you win , but how fast you can get out of a loosing trade

on GOLD when you enter long, and all of a sudden price spike down, that is confirmation that you have been cheated

if price is going up and green candles are formed, the last green togther with the first red candle is very inportant. so if present candle is number 0 , candle 1 and 2 from the right side should bewatched, you couls draw abox around the bodys, not including the wicks for breakout or reject...

One thing i noticed is not to enter too early when green/red block is firmed

Thanks for posting the indicator the idea behind this indicator makes real sense