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konidtaly88
2021년 7월 21일 오후 12시 45분

Renko chart 

SP:SPX30
S&P 500SP

설명

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This script displays the renko chart of the candlesticks chart

The color of the chart is green (red) if the trend is up (down).

The following settings are available:

Renko parameters:
  • Style = Box Size Assignment Method: 'ATR', 'Traditional'.
  • Parameter = ATR Length if `Style` is equal to 'ATR', or Box Size if `style` is equal to 'Traditional'.


Timeframe parameters:
  • Period = Resolution, e.g. 'm' - minutes, 'D' - daily, 'W' - weekly, 'M' - monthly, or same as chart
  • Multiplier = Multiplier of resolution, e.g. '60' - 60m if Period is 'm'


Alerts are also provided, to catch these conditions:
  • trend change = up to down or viceversa
  • bullish reversal = down to up
  • bearish reversal = up to down
Trend AnalysisMoving Averagesrenkorenkochart
코멘트
GarethSA
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GREAT SCRIPT.

Is there a way to show the actual bricks?
konidtaly88
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@GarethSA, thank you, well I guess I could try it, when I'll have time
GarethSA
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@konidtaly88, THANKS
sipend01
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Great Work mate, Is It Possible to Add Renko source ( Close / OHLC4 ) , In TV Setting We Have 2 type of Source in this indicator shows Close Setting Value Only I Need OHLC4 Value Also
zekjg
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Hello, I have a question

Sorry, I am very newbie.

I would like to know why when I load the chart the renkos that were one color change to another? For example, at 17:25 it turned red, but then I loaded the chart and the renko chart was green, and it turned red at 18:20 again... Can you explain to me why this happens? I would be very grateful.
konidtaly88
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@zekjg, it stays green as long as it goes higher or equal, it stays red as long as it goes lower or equal
zekjg
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@konidtaly88, Oh... Now it is clear. Thank you so much for your attention.
konidtaly88
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@zekjg, thank you for your interest
Vikkrannt_Shah
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good... ATR Tradition can u plz give add "% percentage" option as well...
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