Zack_The_Lego

ZTLs Flex Renko Emulator

Update to my Flex Renko Emulator. I have added yellow projection lines where the price needs to be for next brick to be drawn.
Remove from Favorite Scripts Add to Favorite Scripts
//Zack_the_Lego
study("ZTLs Flex Renko Emulator", overlay = true)
res = input(type=resolution, defval = "D", title = "Resolution of ATR")
xATR = atr(14)
//TF = x78tf ? "78" : "39"
BrickSize = security(tickerid,res, xATR)
 
Brick1    =  high >
        nz(Brick1[1],close) + BrickSize ? nz(Brick1[1],close) + BrickSize : low <
                    nz(Brick1[1],close) - BrickSize ?
                        nz(Brick1[1],close) - BrickSize
                            : nz(Brick1[1],close)
                            
Brick2 = Brick1 != Brick1[1] ? Brick1[1] : nz(Brick2[1],close)
projected = Brick1> Brick2 ? BrickSize + Brick1: Brick1 - BrickSize
projected2 = Brick1 > Brick2 ? Brick2 - BrickSize : Brick2 + BrickSize
colorer = Brick1 > Brick1[2]  ? aqua: Brick1 < Brick1[2] ? red : gray
p1=plot(Brick1, color = colorer, linewidth= 4, title = "Renko")
p2=plot(Brick2, color = colorer, linewidth= 4, title = "Renko")
plot(projected, color = yellow)
plot(projected2, color = yellow)
fill(p1,p2, color = purple, transp= 50)
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out