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(edited by capitalone 02-18-15 04:38:50)

[ZIG] Renko-MASH

Topic: [ZIG] Renko-MASH

Another excellent indicator for your trading strategy.

One idea – if you put the Mash on a chart (where RenkoBox = 40 / MultiStart = 20 / MultiEnd = 500 / MultiStep = 30), when the Mash indicator reaches either the top or the bottom of its range (where the range for each timeframe differs – for example in one timeframe the highest/lowest of the range could be +-16.1 or +-17.6, whereas for another timeframe it could be +-8, though usually the highest/lowest value would exceed +-10), it becomes a possible indicator for a big trend reversal.

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[ZIG] Renko-MASH.ex4 15.98 kb, 3 downloads since 2015-02-18 

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