Overlays Renko Bars on Regular Price Bars.
***Color of Renko Open and Close Lines Change Based on Direction.
Default Renko plot is based on . Look Back period adjustable in Inputs Tab.
If you Choose to use "Traditional" Renko bars and pick the Size of the Renko Bars the please read below.
Value in Input Tab is multiplied by .001 (To work on Forex)
1 = 10 pips on EURUSD - 1 X .001 = .001 or 10 Pips
10 = .01 or 100 Pips
1000 = 1 point to the left of decimal. 1 Point in Stocks etc.
10000 = 10 Points on Stocks etc.
***V2 will fix this issue.
If you would...Let everyone else know what a G8 Cross is!!! Regarding the 70% chance of upward Renko followed by upward Renko Did you take in to account the "Amount" of the Renko Bar? On my way! were you using a ATR based Renko as far as the size of the Renko?
And please define with the MA20. Is the MA20 you tested a SMA 20 or EMA 20? Did you define the MA20 Trend meaning the current MA20 is Higher than the MA20 1 bar ago...so Upward Slope? And did you test this on Multiple Timeframes, or just Daily?
Thanks again for your insights.
Question for you..... Can these charts be dynmamic to be used on a blog..? I see that DailyFx has many charts available on their site from Tradingview... but not with the indicators applied. Would you have any idea...? thanks
However you can take a snapshot of a chart on TradingView and post anywhere...the chart just wouldn't update in real time...it would be like a screenshot. If where ever your posting the chart at doesn't automatically embed the link from TradingView then you can always take a screenshot and use many available services to embed the chart in a blog or wherever your trying to post it at.