[INDICATOR]Renko Emulator OCC v1 by JustUncleL

19 בדצמ׳ 2016

This "Study" project has been created by request and is used in conjunction with the "Strategy" version.

*** EXPERIMENTAL ***
*** USE AT YOUR OWN RISK ***


Description:
Indicator based around Renko Bar Chart emulator (ATR) with direction change used to signal buy/sell trades.
I have generally found that setting the strategy ATR resolution to 3-5x that of the chart you are viewing tends to yield the good results, regardless of which chart time used. Positions get taken automatically following THE Renko Bar after a crossover.

10 בינו׳ 2020

הערות שחרור

As requested I have updated to include "Traditional" Renko Method Bricks.

• Updated to Pinescript V4.
  
• Added options to select Renko Method.
  
• Added alertconditions for "BUY" and "SELL" triggers.