Download Robot EA RenkoBandMacdDivergence by Sergey Deev
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The indicator displays Renko bars, uses their data to calculate and display the Bollinger Bands, MACD indicators and provides buy/sell signals based on divergence/convergence of the price action and oscillator. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its effi

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