Is there an Indicator for length of time for a bar to form in renko? | Traders Hideout


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Is there an Indicator for length of time for a bar to form in renko?

  #1 (permalink)

waldwick, new jersey, United States
 
Trading Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: CL
 
Posts: 74 since Aug 2010
Thanks: 7 given, 10 received

Is there an Indicator for length of time for a bar to form in renko?

I 'm using unirenko bars and when I get overbought or oversold according to RSI, the reversal bar generally takes a long time to form and Identifies tops and bottoms pretty well. Even before it completely forms.

Is there an indicator that shows length of time to form a bar in histogram form?

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