Looking for a MetaTrader indicator

Beginner Questions
1

hello i am looking for a meta trader 4 indicator for Renko Charts that looks like this

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its called the ttEnvelopeR Indicator

“The ttEnvelopeR indicator is new for the renko charts and will be used instead of ttDC. This indicator is a price envelope that shows a moving average line and dots for the outer envelope that are green or red, depending on 2 conditions: (1) whether price is above or below the moving average (2) whether momentum is position or negative.”

i guess its a private indicator for ninjatrader because i cannot find it in ninja trader or anywhere else like you have to pay for it but i wanna know if there is a indicator like this for meta trader 4

2

bump* guys im looking for an indicaroe that is similar to the one above not the bottom indicator the one that is around the price action there has to be one out there…

3

You can achieve the same thing with Parabolic SAR set to 0.015—0.3
then add Moving average 5 Simple, Median

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4

You want to get really fancy, use Fibs and range bars, ( Below window)

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5

What am I missing here? Does the indicator show when the price is above or below a moving average?

6

What you talking about Willis?

7

lets have some fun,

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8

Seeing your reply I guess I am… :slight_smile:

I have seen this indicator (first post), but never understood its added value.