A Renko Tick chart based on continuously adjusting percentage.
Live Renko bricks formed by tick data
Adjustable brick width
Outline mode, or line mode for more bricks
Scalp with a Renko, get weird.
The settings can and will break the script if you turn them up too high. Turning off outline mode will not look as nice, but can potentially allow for a larger number of bricks.
Hi there, I am trying to put it in my chart however it shows blank. Could you please suggest!
kodwanis
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I am trying on BankNifty Current Index future on 5 mins chart
Vikkrannt_Shah
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wow... i was waiting for this past so many years... bt its not working its blank can u help what would be reason behind this
mtahreemalam
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Thanks alot mate.
Can it not account for past trends? It is showing only trends from the date i started the indicator
bajaco
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@mtahreemalam, That's right it can't account for past trends. The idea is to make something directly from ticks to use a Renko to visualize price movement on a small scale. As there is no historical tick data this restarts when you load it.
justnifty
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Great work bro, 1. If we can plot a label that shows a value for the upper and lower limits, that would be great to put stop orders. 2. If we can manage the precision of the scale chart will look less clumsy. at present EURSUD shows me as 1.16400000! Thank you for your time buddy.
SantoshChoudhari
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Hello, Great work done from your end and thanks for the same. Is it possible to modify the code at your end so that historical data for past 25 years can also be plotted? Thank you.
ppritam001
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Hi could you please help it is not working, any guidance on the selection parameters would help.
OsirisRaa
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This looks great except there no back history it just starts the blocks at the time you put the inducation on. How do you get back history, with talis and wicks, and how do you get rid of the dotted lines. Now its stoped and says study error