Hi Folks.

Once again I'm under storm watch so I wanted to get this quick message out to all PV2 users before I lose power for who knows how long.

Thanks to my friend Parker, who brought this to my attention, I have added a bit of freeware to the package that helps you limit your trading to just one direction. I had my guy go through the guts of the indicator and make it a little more Renko friendly and we renamed it the Renko Trade Zone (RTZ)

The (RTZ) is a heavily modified BBand indicator that changes the colors of your Renko boxes to one solid color when you are in the Buy zone and a different color when you are in the Sell Zone.

So you only take Buy trades in the Buy zone and Sell trades in the Sell zone.

This eliminates those irritating signals when you are in a trend, and you get an otherwise qualifying opposite direction signal. As often as not those signals collapse and you get stuck with a loss.

Not anymore.

The indicator is now available for download on both the MT4/MT5 page as well as the NinjaTrader 8 page. There is also a very short video showing you how to use the indicator, if my explanation above didn't make it clear enough.

On the NT8 page there is also a screencap next to the video showing you what your settings should look like.

Those same screencaps for MT4 and MT5 are inside the zip file you can download from the site.

I'm not foolish enough to say you'll never lose another trade, but this new software eliminates the source of a good percentage of those trades. That can only make your profits grow larger faster.

I may be unavailable for a few days beginning as early as this evening, but if you have any questions, send them to me at jeffglenellis@gmail.com and I will get back to you as soon as I am able.

Jeff