The Renko bar indicator draws Renko blocks on a normal MT4 time-based chart. The blocks can either be drawn as continuous, or as separated elements whenever a new Renko block is completed. (The blocks have varying widths, or gaps between them, because Renko bars are not time-based and have varying durations).

The indicator can also be used to create an offline MT4 chart containing only the Renko blocks - a more traditional Renko chart which is not time-based like a normal MT4 chart:

The indicator has many useful features such as the ability to display the price at which a new block will start, to issue alerts when new blocks are confirmed etc. For more information, please see the online user guide.