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RenkoConfirm is very useful forex mt4 indicator for Renko traders. This indicator helps to confirm proper entry signal in Renko chart. The goal of this indicator is to plot the RSI values 'as if' the chart is a true price action based Renko chart. It can be used on a time series chart or Renko series chart. The RSI is derived from the raw price action of a time-based chart, where the historic and live price is clustered into Renko bricks.