TradingView
puneetghai
7 nov 2019 17:08

HENKO (Renko + HeikinAshi) -- No Repaint 

Beskrivning

This particular work is completely mine.
I have not used anyone else's code (not even a fragment).
Parts of the code are used from Open Source library linking to investopedia.com/trading/heikin-ashi-better-candlestick/ and TradingView's example section at tradingview.com/wiki/Non-Standard_Chart_Types_Data.

The above sources have been used to get Custom Heikin Ashi Candles.

Calculations on Renko bars is completely on me as I have used Daily close and open values to build my own Renko Candles.

Custom Bricksize for Float values has been made available in this public version.

I take no responsibility for the performance of this indicator as I have completely turned off the Repainting in this version of my script.

I am publishing the script for Public use.

I'll be releasing updates for this script in future as the performance is somewhat acceptable.

Profit Factor will decrease with bigger backtest data.

NO REPAINTING issues shall be reported at all costs as the tradingview's default Time based renko has been completely discarded, thus making it rely on its own.

Be advised that as the Renko Bars are calculated at 00:00 UTC, you're not supposed to mess with the timing in the script, unless you're working with Stock markets where it is important that you set your day start and end precisely.

You can play with the Brick Size to see what's more beneficial for you.

No Repaint RENKO


NOTE:= PERFORMANCE OF THIS INDICATOR DEPENDS UPON THE BRICKSIZE OF RENKO BARS.

Versionsinformation

1. Added HeikinAshi Candle Plot
2. Refined performance
3. verified working with separate pairs and indicators.
4. Removed RSI

Versionsinformation

TP Level added with performance driven BrickSize (eidtable)
Kommentarer
Gigi_Belgium
Hi,

Can you send the strategy version please?
I have installed the indicator version, but it seems a bit strange to me
zorgon@telenet.be

kind regs
G
wajidkhan1074
please share the source code / wajidkhan1074@gmail.com
Pavankumar1986
pLEASE SHARE THE SCRIPT
puneetghai
@Pavankumar1986, Source Code for Renko is available at tradingview.com/script/eOmEYJ0S-RENKO-Modified-NO-REPAINT-CODE/ and you can ignore heikin ashi for that matter as it doesn't affect much here and only delays the signal.
pi3143
i think its only working with eth?
it is possible to use with other crypto?
thanks
puneetghai
@crudeking, I have tested it with only XBTUSD but yes it works with other Cryptos too, you'll need to adjust the Renko Bar Size to check which works best for you. And Sorry for the late reply. I'm not that active on tradingview anymore other than looking at my own charts and bots LOL!
NiekerkCapital
Great work adding some other indicators for confluence works great
adamsuchodolski199
Hello, can i try? :)
justdoit3131
please give me acceess
NicolaeHarabor
i was thinking extra small and extra long...?
Mer