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Renko Brick Arrows

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.



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      Sukunthakan Ngernbamrung
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      Michela Russo
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      Bernhard Schweigert
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      Alexandr Lapin
      5 (5)
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      Mohamed Hassan
      5 (4)
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      Brian Lillard
      4.6 (5)
      The ' Average Bar Chart ' indicator was created to showcase the traditional Heiken Ashi calculation as an exotic charting style. This indicator is known for reducing chart noise for a smoother price action. A dditional indicators are recommended Key Features Candlesticks for OHLC are removed from the chart. Average bars may be shown as complete bars without tails. All functionality and features of this exotic chart are inputs. Input Parameters Chart Timeframe =  PERIOD_CURRENT; - period to s
      FREE
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      FREE
      The ' Average OHLC ZigZag ' indicator was designed for entry confirmations as well as scalping with a larger trend. A custom formula to average the last two bars to generate arrows following market trends with bar 1 confirmation. Key Features An extreme scalper calculating the averages between the last two market periods to generate a buy or sell arrow. No settings are available due to it's simplicity of custom price action pattern and using repainting four OHLC prices.  Input Parameters Zig
      FREE
      The ' Session Spreads ' indicator was created to show spreads, their instances and averages, over the seven main sessions. This shows the most average & useful spreads occurring the most on the seven main sessions on chart, and via/CSV files. Key Features 7 Sessions automatically adjusted to the broker GMT & DST for logging spreads. Spreads logged per session with overlays equally processed on all applicable. Instances of spreads logged per spread amount that shows the most average. Average spr
      FREE
      The chart bucket indicator primarily creates custom candlesticks which comes with adjustable colors, color themes and sizes and even comes with a demo. Also included are trade details relevant to trading and binary options. If your a binary options trader this may be useful for timing of bars with actual price that you can compare with your binary options broker. Key Features Custom Candlestick Themes, Custom Colors & Sizes. Ask/Bid Point Difference. Open/Close Point Difference of current
      FREE
      The 'OHLC Breakz ' indicator was developed to show breakouts of reversals with custom price action patterns. The arrows show price action of reversal conditions with trendlines which indicate long term trend formations. Key Features Custom price action pattern indicating a reversal/breakout from the prior bar. There are visual options available as well as modes which are all non-repaint. Non-repainting signals presented at the beginning of a new bar and at bar 0. Showcasing support & resistanc
      The ' MTF MA Cross ' indicator comes from the time tested 'Moving Average Cross' strategy with several options available. The strategy in itself is one that was derived from rigorous testing on what was profitable in a moving average cross. Key Features This indicator contains a fast and slow Moving Average cross with MTF & filtering settings. There are additional settings to filter signals out with how many bars and how many points. Indicator can be no-repaint when set with open prices & NewB
      The ' OHLC Moving MTF Average ' indicator comes from the age old 'Moving Average ' strategy with signals available. There are many settings available to customize exactly how you would like to invent your own moving average algo. An advanced customizable stock moving average replacement and also comes with a tradable colorful signal strategy. Default  settings; using custom  OHLC moving average calculations; generates non-repainting trends & scalping signals. Key Features Four prices with a
      The 'HLOC Cross' was created to show crosses of historical highs & lows Key Features This indicator looks for a custom pattern of 3 bars with a bars filter. There are many visual options available to choose from (bar count). Non-repainting trendlines & arrows: arrows either at bar 0 or bar 1. Input Parameters Bar Count = 3000 - all bars on chart or only a select few bars displayed. Bar Buffer = 1 - pattern taken from selected bar, minimum is bar 1. Lines Visible = true - trendlines displaye
      The ' MTF MA Cross ADV ' indicator comes from MTF Moving Average Cross with  an   advanced algorithm . Fast & slow  m oving average crosses are used for generating up to four arrows either at bar 0 or bar 1. Key Features Advanced algorithm to detect changes in standard moving average cross w/arrows.  There are many settings which can all be non-repaint for signals at a new bar and at bar 0. NewBarConfirm  as 'true' means notifications come from bar 0  & bar 1(false). Audible Alerts, e-mail no
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      Sürüm 4.0 2024.07.20
      Fix from previous
      Sürüm 3.0 2023.09.24
      Theme Colorization Changes
      Input Parameters Changes
      Sürüm 2.0 2023.07.18
      Optimized algorithm for backtesting