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Renko

Morpheus Renko Chart Overlay by ZekisRenko is very useful in many strategies, but Tradingview does not support original Renko charts, where time is 0 and the single variable is the price action This script can overlay the normal Candles Chart with Renko bricks and behaves like an original Renko brick formula This is a simple way of looking at a Renko Chart inside a normal Candles Chart You need to adjust the value manualy, like in Traditional Renko If a price goes up by that value, new brick is formed with green color, vice versa for the down side I filled bricks with red and green for a better view Added Long and Short signs Added alerts (Original script wrote by Richard Santos and modified by Ni6HTH4wK) Enjoy! @Zekis
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edward_Z tarafından
1
Traderset Uni Renko - Awesome OscillatorThis is simply Bill Williams AO oscillator, fabricated with predefined numbers to better fit the Uni Renko charts and my methodology. The reason for publishing this version is that the original numbers (you can see them on the top instance of the oscillator) does not behave that much satisfactory when it comes to renko charting in my methodology ! The AO is not a part of my methodology nor Alligator, but i know some people who would like to have these two tools in renko charts. Here you have it.
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CAB_Member tarafından
8
Unit Renko Box SizeThis is a simple script that shows two averages for box size on Uni Renko system for users to use. The user should use the green line (Box Size) that is more persistent in the last hour. if there are equal minutes between two numbers, use the upper number. Now users can easily check the timed candle sticks at the start of the day for three time frames we use in my methodology, set the box size for the charts at the start of the day and continue trading the whole day. The charts now will sit on "traditional" setting rather than previously used "atr", no thanks to trading view's amazingly wrong way of calculating renko !!!!
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CAB_Member tarafından
Trader Set - MTF Reversal Bar SignalsThis is Multi Tile Frame signalling of reversal bar strategy. Using this, you can easily Identify if you had a reversal bar signal in 1,2,3,4,5,10,15, and 30 minute based renko charts. The more time frames get in sync with each other, the higher possibility for a more powerful signal. The least you would need is for 1,2 and 3 minutes to have 2 out of 3 of them showing same signal. Please don't ask for getting access, the licensing will be available for purchase soon in the website and I will announce it in the comment section.
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CAB_Member tarafından
1
Renko Strategy Open_CloseSimple 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 bearish Rules when the strategy send stop order are the same but this time a stop buy or stop sell is placed (better overall results). Note that strategy open an order only after that condition is met, at the beginning of next candle, so the actual close is not the actual price. Only input is the brick size multiplier for stop loss and take profit: SL and TP are placed at (brick size)x(multiplier) Or put it very high if you want startegy to close order on opposite signal. Adjust brick size considering: - Strategy works well if there are three or more consecutive bricks of same "color" - Expected Profit - Drawdown - Time on trade This strategy uses Renko charts with TRADITIONAL bricks, so no repaint. Study with alerts, MT4 expert advisor and jforex automatic strategy are available at request. Please use comment section for any feedback.
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03.freeman tarafından
38
PRICE ACTION VIGORThis is the first of my RENKO strategies and studies series. I'm developing some studies on Renko charts from a while and now is time to share the results. This startegy is based on this idea: to measure the "vigor" or strength of a price action and to follow it. I use Renko charts to identify the price action. The indicator will rise or fall when a price action starts and it is flat at half of this movement. Time frame should be 1 minute but I would need a premium account to have RENKO charts with one minute. The most important point for this strategy is to set the correct brick size for each symbol. Look in the result how you could obtain starting with a 1000€ account in just few months. I have also a study with alerts so one could use autoview for automated trading. If you are interested to use it, follow me and add a comment. Please use comment section for any feedback. ********************************** IMPORTANT******************************* I have developed an expert advisor for metatrader4 (MT4) and for jforex platform: results of expert advisor form 2015-01-01 to 2018-11-25 are very good with low drawdown and good profit. ********************************************************************************
Pine Script® stratejisi
03.freeman tarafından
9
Trader Set - Modified RSI MTFThis is a modified version of RSI MTF, a similar indicator can be found in public library if anyone is interested, mine, is fabricated to work with my methology with all the addition i will add to this (just like others when i added the ability to change the moving types in critical places of formula) so that students can experiment with them (it will come in next version). also, I normalize both sections for better visualization. Please don't ask me for getting access. "CM Modified RSI MFI" search it for the base and almost similar indicator without my additions. This script will be available only for my students at the time being. like other scripts, if the learning material will be ready i will be announce in comment section, and like others, again, if i decide to sell this separated from courses i will announce in the comment section too.
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CAB_Member tarafından
2
Trader Set - Fisher CycleUnfortunately, the fihser transform's formula has specifications that are not compatible with newer versions of pine script (calling mutable variables on security function). So, I had to separate this section of "Cycle" script to it's own little world and remove the versioning from the script. That, means that i can't even write the name of the oscillator on the right hand side (show_last is not there in older versions). Welcome to the world of pine script and haphazard updates of trading view without thinking about consequences of their new move !
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CAB_Member tarafından
2
Trader Set - Volume MomentumThis is a Momentum indicator but on "Volume" The formula is heavily tweaked version of TSI with chance of using different averaging types, the period numbers are fixed and user don't need to type anything for them! Please don't contact me for getting access, these tools are available for my students only. These are part of my "methodology" that I teach. The English version of the website and learning material is under development and I will announce it under each related script when they are ready so that those who are interested can participate in the course.
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CAB_Member tarafından
6
Trader Set - Ergodic MomentumThis is a price momentum indicator that is based on Ergodic formula (TSI), but the formula is tweaked and different types of averaging is allowed. by changing the type of average calculation and some predefined values (totally different from what is suggested by now) we get a nasty indicator that can easily be used both for cycle observation side by side with momentum of the price itself ! Please don't contact me for getting access, these tools are available for my students only. These are part of my "methodology" that I teach. The English version of the website and learning material is under development and I will announce it under each related script when they are ready so that those who are interested can participate in the course.
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CAB_Member tarafından
6
Trader Set - Wave CountThis is a wave counting tool for my methodology with little addition of drawing high low sections of wave reversal as local support / resistance. Please don't contact me for getting access, these tools are only available for my students. The English version of website and learning materials are under development and soon they will be ready. I will announce it under every script related to my methodology so that you get informed and participate in the course if you want to.
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CAB_Member tarafından
4
Trader Set - Choppiness Index HelperThis is simply a helper indicator that sits on the chart to mimic the color code of the choppiness index oscillator. It can be used when you maximize the chart to better focus on the chart and other parts of the system. Please don't ask for getting access, these indicators are available only for my students. The English website and the related learning materials are under development and soon they will be published and I will announce it in the comment section of every related indicator.
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CAB_Member tarafından
8
Trader Set - Volume Price MomentumThis is the latest tool in my methodology, a momentum indicator that combines PRICE and VOLUME. There are two modes that you can use this : Normal, and Power Of Two. In the picture, the top one is set to normal, as you can see, it goes in the negative zone on each retrace, on the bottom one, we set it to the power of two mode, it still shows the same divergence in momentum vs price move but there is no negative section, instead, it only shows the POWER of the momentum without any direction indication. Please don't contact me for getting access to these tools, they are only available to my students. Right now, the English version of the website and learning material is under development. The moment they are ready, I will announce it under every related script in the comment section.
Pine Script® göstergesi
CAB_Member tarafından
8