I'm releasing this code in public Interest in hope of getting it improved by the community. If someone wants to use this code, then he/she should publish this code in Public Library with Open Source reference. The code is entirely mine and not anyone else's. I would love to see some imporvements to this code, so if you have any suggestions then let me know in...
A simple intraday strategy based on Renko values.
Much confusion exists in the TradingView community about backtesting on non-standard charts. This script tries to shed some light on the subject in the hope that traders make better use of those chart types. Non-standard charts are: Heikin Ashi (HA) Renko Kagi Point & Figure Range These chart types are called non-standard because they all transform market...
Simple Renko chart patterns indicator One-Back Pattern Two-Back Pattern
Renko Strategy with Ema against price crossover/under
If you build Bollinger Bands from the values of Renko or Haken Ashi, then you can get an interesting strategy.
Dear all, Free strategy again. I found using 3 volatility stop with different settings could be very helpful when trading an intraday trending market. With the ATR setting or 5, 10, 15, we can weed out many false break. Vstop setting is OHLC4. On the other hand, this strategy also utilize Renko as part of the strategy, so you could say this strategy is...
Dear all, Free strategy again. This strategy consists of 2 indicators I think works well with each other as a trend following strategy. The 2 indicators are Renko chart and Relative Vigor Index. This is a long-only breakout strategy that aims to capture the majority of the trend. Works well on BTCUSD XBTUSD, as well as other major liquid Pair. Please...
Just one more go at a zigzag, this time with the aid of renko emulator.
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!
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 Renko: It also...
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.
Multiframe RENKO panes with timeframe-weighted signal line and warning dots. All timeframes in settings MUST be <= your timeframe or it will repains on bigger timeframes.
Standard simple strategy RENKO. Entry on the first reversing bar. No repaints. Caution arrows when price crossing RENKO levels