Whats a 5 Momentum chart? How does it compare to a Better Renko chart?

TrendTraderBH 

Whats a 5 Momentum chart? How does it compare to a Better Renko chart?

I use them and consider them to be a blend of Range bars and Renko bars with it's own twist. I like them because they provide a very clean chart.

Here's the indicator link:

Momentum BarsType (NT7) new version r809: /// /// Momentum Bars Type is a variant of the Range Bar with a fixed or dynamic height candle body (open-close). /// User-defined values include Range (which functions as the max range in dynamic mode), Dynamic Min (set …

And here's the overview:

Momentum BarsType (NT7) as per @BigMike's suggestion (, this thread will support the new BarsType i've developed for NT7. thanks to @trend (isyourfriend for help in testing. thanks to @aslan ( for BetterRenko (used as a reference) and @gordo ( for BetterLineBreak (the …