tamerrashdan 

I too was wondering if anyone had any experience with this type of Renko bars and if it's possible to trade using them

it appears the author of those bars did suggest the application of better renko over others.

but you may check back on his previous posts on better renko.

pls do come back and chastise me, if my memory betrays me here, K? thx

I see alot of Rjay's RenkoHybrid post. But I cannot find the indicator. Do we have to pay for it from another site?

KeepingItSimple 

I see alot of Rjay's RenkoHybrid post. But I cannot find the indicator. Do we have to pay for it from another site?

Yes, you have to pay for it, you can find the the website here:

NinjaTrader Indicators And Bar Charts | Innovative Trading Solutions

It seems this thread ran its course on or about 12/7/12. On 11/18/12, an elite member started a thread "UniRenko, Universal Renko Bar Type" in which he introduced yet another version of a Bar type. It seems this bar's "creation" was too late in the game to come under the scrutiny of the discussion at that time.

I'm most interested in finding out more about this bar and it's potential. I have read that entire thread. That said, I'd welcome further discussion of it in this thread as the participants here appear to have an understanding of the many other types of Renkos, and I suspect their insights could be of benefit to me and others with respect to the general discussion of Renkos and particularly UniRenkos.

I invite those who contributed to this thread in the past to consider doing so again now if they have familiarity with UniRenkos and their usability compared to the many other types of Renko Bars.

Much thanks in advance to any and all members who might add to the discussion after so long.