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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...
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...
Can you help answer these questions from other members on NexusFi?
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.
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).
