Renko Block Charts known for its simplicity and a good trend following noise filtered chart.
Renko also give us flexibility for displaying it on MT4, because it available in 3 variants, as a script, as an indior, as an EA and it's all up to you to choose which version would you like.
However, the major problem, we can not backtest it.
Very appreciate if anyone know how to backtest Renko and share with us.
Thank you beforehand.