G-SIRP Has been Developed with One Idea in Mind... Automated Trading. Just set it up and walk away. It makes use of the noise cancelling power of our Re engineered Renko Candles on Traditional Settings. Using Normal Code on Normal Renko will NOT work as the Candles will repaint thereby causing a Skewed backtest result. This is Why G-SIRP is one of a kind as we...
Script shows reversal points on renko candles Green shape = buy point Red shape = sell point Ema's works as support and resistance Also ema's can be useful as a stoploss Ema's available 55 = yellow 99 = aqua
A simple intraday strategy based on Renko values.
This is the Alert version for Renko channel BREAK. Please use this script after research the Strategy version!!
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...
This strategry based on the Renko chart that provided by TV, which is Repainting ! Used after your own research *** EXPERIMENTAL *** *** USE AT YOUR OWN RISK ***
This particular work is completely mine. I have not used anyone else's code (not even a fragment). Parts of the code are used from Open Source library linking to www.investopedia.com and TradingView's example section at www.tradingview.com The above sources have been used to get Custom Heikin Ashi Candles. Calculations on Renko bars is completely on me as I...
This is traditional Renko chart that can overly conventional Candles chart. Different from the original Renko chart provided by Tradingview (which is Repainting and Misleading ), this script does not use the SECURITY function so there is no Repainting! //Inspired by backtrader // github.com
Dear Followers, today a new Scalper Tool , which works great on 1 minute timeframe , which is the best and more secure timeframe to use on a Renko chart, besides it works great up to 15m (I don't suggest to use a renko chart over 15m timeframe)! It is an upgraded version of Bitmex Renko Scalper that you can find in my tradingview script page. This tool has...
Dear Followers, today a new Scalper Tool , which works great on 1 minute timeframe , which is the best and more secure timeframe to use on a Renko chart, besides it works great up to 15m (I don't suggest to use a renko chart over 15m timeframe)! It is an upgraded version of Bitmex Renko Scalper that you can find in my tradingview script page. This tool has...
Simple Renko chart patterns indicator One-Back Pattern Two-Back Pattern
This is a simple Renko Strategy. The settings used were for Traditional (1.2) bars, tested on $SPX500USD. Around 70% profitable depending on timeframe, and bar size selected. Adjust the capital and suggested contract system depending on needs. The colored bars seen show blue for overbought conditions and pink for oversold conditions. If you like this strategy,...
The goal of this indicator is to plot the Dynamic Index, Signal, and Histogram values "as if" the chart is a true price action based Renko chart. It can be used on a time series chart or Renko series chart. The Dynamic Index is derived from the raw price action of a time-based chart, where the historic and live price values are clustered into Renko bricks. The...
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...