Renko Brick Arrows
- Indicadores
- Brian Lillard
- Versão: 4.0
- Atualizado: 20 julho 2024
- Ativações: 20
The 'Renko Brick Arrows' indicator was developed to showcase the traditional renko brick grid pricing on chart.
An alternative to using an offline chart generator for renko grid prices, and a unique charting style to strategize.
Key Features
- Renko bricks are drawn over the chart without having to generate a new chart.
- Optional horizontal lines shows where the next arrows are supposed to appear.
- Both one and two step reversals are available to draw arrows for buy and sell.
Input Parameters
- Grid Color = Gainsboro; - Color of the horizontal lines
- Grid Step = One brick; - One or two step reversal
- Grid Size = 100; - Point value of renko bricks
- Grid Width = 1; - Width of the horizontal lines
- Grid Style = Dot; - Style of the horizontal lines
Integration
- This indicator produces 2 buffers Renko Up & Renko Dn with either a price or empty value.
Improvements
- Please be sure to leave any ideas, tips and suggestions in the "Reviews" section and they may be included.
- Improvements to the system could be at any time so we suggest that you possibly backup your copies.