Introduction to the Renko Boxes Chart Indicator The Renko Boxes Chart Indicator displays Renko Boxes directly on trading chart. It makes an analysis of the price movement and then draws boxes according to that movement. Trading with such Renko Boxes Chart helps in getting a clear picture of the market and reducing unwanted market noise.…
Tag: box indicators
PTS MACD Divergence Box Indicator
Introduction to the PTS MACD Divergence Box Indicator The PTS MACD Divergence Box Indicator automatically scans and detects the divergences between the price and Moving Average Convergence Divergence. What distinguishes this forex divergence indicator from others is that it marks green and red boxes on the charts. Such a box defines an area of divergence…
