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What is the difference in the regular Renko charts and the Median Renko charts
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There is a new type of Renko bar in the elite download section called BetterRenko.
Why create yet another Renko bar type? Because they are all broken and have issues backtesting. There are lots of flavors: Renko, SbsRenko, MedianRenko, WickedRenko. …
When Median Renko was developed, I believe the concept was to draw subsequent bars at the 'middle' or "median" of the prior bar, but it never worked as it was intended. I used MedianRenko successfully for awhile, then switched to RenkoHybrid, which was developed by futures.io (formerly BMT)'s very own Rjay!
Rjay developed his version which he is calling RenkoHybrid and it DOES work properly.
Here is a comparison of the regular Ninja-provided Renko and Rjay's RenkoHybrid, so you can clearly see the difference and advantage to using the Renko Hybrid (with tails!).
I have used them for the past year and find them to be easier to use than Range or Renko.
If you're interested, I'm sure he would give you a "trial" to try them out.