Renko Bar Time by JustUncleL
This indicator in designed to be used with Renko and other price only bars (ie Kagi, LineBreak, Point&Figure) and shows the number of minutes a bar was open before it was confirmed and printed.
NOTE: It will only work on currencies and symbols that are in the 24/5 market, it does account for weekend market close time but does not account for any Forex market holiday close times.
HINTS:
NOTE: It will only work on currencies and symbols that are in the 24/5 market, it does account for weekend market close time but does not account for any Forex market holiday close times.
HINTS:
- When the BAR TIME is long and the Renko Bricks have wicks, this is an indication of consolidation.
- When the BAR TIME is short and the Renko Bricks have no wicks, this is an indication of acceleration.
JustUncleL