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everget
21 Th08 2019 14:28

[RESEARCH] Renko Chart Identifier 

Apple Inc.NASDAQ

Mô tả

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)

Phát hành các Ghi chú

  • Refactored

Phát hành các Ghi chú

  • Update
Bình luận
LonesomeTheBlue
Very good idea and cool work mate !
everget
@LonesomeTheBlue, thanks mate!
Vikkrannt_Shah
whats the use ?

we know what is renko & what not
everget
@VikrantShah, Who knows? What does "we" mean? This is a common case for developers to identify chart type inside their scripts to apply different sets of settings or different display modes etc.
aashish221112
Ok
kap.sni
this could help me a lot, in one of my scripts, to show few EMAs ( which saves me from indicator limit ). I manually hide the ema that i use specifically on renko. Now I can use this.
Thanks Buddy.
Pratik_4Clover
Brilliance is in simplicity :)

Good thinking brother.
everget
@OWL, thanks a lot!
LucF
Very ingenious! Good idea.
everget
@LucF, Doc, no problem) Le monde est a nous)
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