[RESEARCH] Renko Chart Identifier

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 works correctly with other chart types:

Classic Candles

Heikin-Ashi

Kagi

PnF

Range Bars

Remember @everget!
And pay attention to the license before use)

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Refactored

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Update

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In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

everget

👨🏻‍💻 Coding services -> Telegram: @alex_everget

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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everget

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