monpere 

I don't have the indicator, but it should be able to start drawing the divergence as soon as a divergence starts developing, and update the line as new bars develop as long as the divergence condition is still intact. Part of the beauty of divergence is that you can see it coming multiple bars in advance.

Yes, I agree 100% but like TIYF mentions below, obviously could be a problem. The thing I wanted to point out on MOST divergence indicators is that they tend to wait to give the signal so a newbie might think he has the holy grail. I know I thought that when I saw the first divergence indicator! haha...

trendisyourfriend 

Speaking of divergence, a divergence without a significant location within the equation and order flow as confirmation is as good as flipping a coin or looking at two moving averages crossing over. Would you trade each cross-over or divergence, i doubt but who knows maybe RJay's indics form a superior beast. Maybe this could be a good test to make, ie, what is more profitable: two MA crossing over or a divergence!

Agree! I rarely trade it any more unless market conditions are just right. Something I have learned while trying to trade it. Monpere is the expert though...

I've been trialing the Renko Hybrid bars and the newer Renko Spectrum bars, which also encapsulates the Renko Hybrid. I like it so far. I had been mostly using the free Rjay's RangeNoGap bars for months now so trying out these bar types for the first time was fun and I think it offers possibilities for varied trading methods and strategies.

NinjaTrader Bar Charts By RJay

RJay, if you're still here. Have you ever considered offering versions of those bar types for other platforms such as MT4? (often used as a forex automated platform).