ahancock

Hancock - Renko Brick Production

This is the accompanying script that shows how many renko bricks were produced in each direction per candle. It gives a basic indication of volatility , some might find it useful.

Happy trading

Hancock
Release Notes: Updated renko brick production to include fixed renko brick size as a percentage of close value.

Happy trading
Hancock
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?