We can have all the 3 types of candle plots (bar styles) over normal candles in the same chart. We will have better picture on whats happening in specific chart candle type / bar style. Option provided to turn off/on specific bar type. Multi time frame is enabled. Specific time frame can be chosen for individual bar style.
Hi! What is the number for linebreak? Doesn't seem to correspond to TV's LB where (3) is deafault.
NumberGames
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Hi kiero, Its 3 . The difference you are seeing is expected since this is LB plot on normal candle chart. Try this indicator on Linebreak candle chart .. there will be no difference.
INVESTORPREM
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hi bro, can i get the code.
rajku5927
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Hello, I am new to trading and am attempting to practise with your script. Could you please share your method for using this indicator and taking trades?
NumberGames
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@rajku5927, This indicator will not give buy sell signals. Renko / Linebreak are widely used to filter out the Noise. The levels defined by Renko and Linebreak are very important.
Usually we will have to switch between these chart types and choose time frame every time. This indicator is made to avoid that necessity of switching and shows all chart type levels at the same time as per our convenience. You can select the time frame of individual chart type to your convenient.
Personally I follow 1 hour Renko as support and resistance levels. However its completely your choice. Please go through many documentations available in internet regarding Renko / Line break / Heikin Ashi.
rajku5927
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@NumberGames, Thank you for taking the time to respond. If you allow, I may bother you again in the future to learn new trading techniques. Once again, I thank you.
rajku5927
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@NumberGames, This is my temporary premium account, so I can't send you DMs. If you don't mind, could you please share your email address so that if I need assistance, I can contact you via email?
What is the number for linebreak? Doesn't seem to correspond to TV's LB where (3) is deafault.