renko

This strategy lets you plot Renko open and close values, based on your preferred Renko size brick, on normal candle chart. You can use it on any timeframe, define your preferred brick size and trailing stop.

Despite I am not a big fan of Renko I spent some time to solve a common problem of chart type identification using absolutely obvious technique: Renko bricks have the same size. That's all. Not a cutting-edge maths. This tool allows to identify: ATR Renko charts (see ^) Traditional Renko charts Here is example for Traditional...

9 period high and low ema, 3 offset

A viable and workable concept of chart type identification using Pine Script. Was wollen wir trinken, sieben Tage lang Was wollen wir trinken, so ein Durst! Was wollen wir trinken, sieben Tage lang Was wollen wir trinken, so ein Durst!

Modified Vdub FX SniperVX2 Color v2 for use with Renko Bars Sniper series

(reposting as i did a mistake and posted it as ''Idea''and not as ''Script'') $$$$ ridiculously good $$$$ strategy based on my previously published ''Renko Magic''alerts HOW WORKS: - ENTER a trade JUST AFTER 1 renko brick is printed. - EXIT that trade, and open a new reverse position, just after 1...

Renko Chart Levels with usual bars

CM_Renko Overlay Bars V1 Overlays Renko Bars on Regular Price Bars. Default Renko plot is based on Average True Range. Look Back period adjustable in Inputs Tab. If you Choose to use "Traditional" Renko bars and pick the Size of the Renko Bars the please read below. Value in Input Tab is multiplied by .001 (To work on Forex) 1 = 10 pips on EURUSD - 1 X .001 =...

- WHAT: This creates an alert that will trigger JUST AFTER 1 Renko bar changed direction. This way you can capture direction swings. BLUE spike is long. RED spike is short. - PLAY AROUND WITH: Renko brick size & TradingView Timeframe (for timeframe less than 1 day you d need to pay for the TV Pro subscription. Its ok, support them, they are good people with...

Renko charts are awesome. They reduce noise by only painting a brick on the chart when price moves by a specified amount up/down. When the price reverses, it must go twice the specified amount before a brick is painted. Time is not a factor, just price movement. Sometimes however, you want the pros of a renko chart, but on a regular candlestick chart. This...

Simple Renko strategy, very profitable. Thanks to vacalo69 for the idea. Rules when the strategy opens order at market as follows: - Buy when previous brick (-1) was bearish and previous brick (-2) was bearish too and actual brick close is bullish - Sell when previous brick (-1) was bullish and previous brick (-2) was bullish too and actual brick close is...

This script idea is designed to be used with 10pip brick (recommended) Renko charts. It combines the Renko price action with a directional coloured EMA (default length 6) and a RMI (instead of the usual RSI) indicator to provide entry and exit signals. RMI is bit like RSI with a built-in momentum factor and works well with Renko. Signals can optionally be...

Use this script to create server-side alerts of renko reversals and to visually plot the signals. To do this, simply apply the indicator to a chart and right click onto one of the arrows plotted. Choose "Add alert" and then "Long opportunity" and "Short opportunity" in order to create the two alerts per instrument. Buy signal is generated if a bearish renko...

Индикатор для бота Saltanat bot который торгует по оповещению Основу взята стратегия Renko by Armani Специально для группы в телеграмм Saltanat Bot

// Shows the price renko bars (or range bars) instead of the PERIOD renko // bars that are integrated into Trading View. The normal renko bars that // Trading View offers only consider the drawing of a new brick when the // price closes above or below the required brick size. This can produce // misleading charts since depending on the time interval of a chart,...

Vdub Retro Renko / TESTING / under chart settings set Renko ATR = 1-3 Having slight problem with original settings to the Renko chart Renko D chart ATR= 1 = Candle stick chart = 1wk

This is an implementation of a strategy based on two MA Ribbons, a Fast Ribbon and a Slow Ribbon. This strategy can be used on Normal candlestick charts or Renko charts (if you are familiar with them). The strategy revolves around a pair of scripts: One to generate alerts signals for Autoview and one for Backtesting, to tune your settings. The risk management...

Modification of RicardoSantos RENKO V0 just added my buy / sell signals. look inside script for extra signals conditions tested Happy Trading! Life is Art & Art is Life