Ni6HTH4wK

[LAVA] Renko Mod

943 3 102
Tradingview.com Pinescript @author Ni6HTH4wK (LAVA) with assistance from @zmm20
Original code by Richard Santos, ( RS             )Renko Mod
( RS             ) https://www.tradingview.com/u/RicardoSantos/
(LAVA) 19P7bkzqSAwSm6X7tXmRVkx6AuBXEUZioo

Traditional cross and circles view displayed here, but my favorite look is small linebreak and circles.

Different views available...
Type 2 -
snapshot

Type 1 -
snapshot

Without barcoloring -
snapshot


**EDIT**
http://pastebin.com/8Few2Z2H - Fixes missed bottoms / tops ( April             15th, 2015)
http://pastebin.com/EkV2rJBC - Fixes slow recognition of steep movements ( April             25th, 2015)
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// Tradingview.com Pinescript @author Ni6HTH4wK [LAVA] with assistance from @zmm20
// Original code by Richard Santos, [RS]Renko Mod
// ########## ☺♦♣♠♥☺ TIP YUR DEALER ☺♥♠♣♦☺ ###########
// [RS] https://www.tradingview.com/u/RicardoSantos/
// [LAVA]  19P7bkzqSAwSm6X7tXmRVkx6AuBXEUZioo
study("[LAVA] Renko Mod", overlay=true)

// Vars
n1 = input(1, title="Bricksize", minval=.01, type=float)
q1 = input(false, title="Type 1 (Def 2)")
q2 = input(false, title="Bar Colors")

// Sources
prclos = na(rclose[1])?round(close):nz(rclose[1])
propen = na(ropen[1])?round(open):nz(ropen[1])

// Renko (type 1 or type 2)
type = (q1?n1:n1*2)
rclose = close > prclos+type? prclos>propen? prclos+n1 : prclos+type :
    close < prclos-type? prclos<propen? prclos-n1 : prclos-type : prclos
ropen = rclose > prclos ? prclos>propen or q1? prclos : prclos+n1 : 
    rclose < prclos ? prclos<propen or q1? prclos : prclos-n1 : nz(ropen[1])

// Coloring
que = rclose > prclos ? 1 : rclose < prclos ? -1 : nz(que[1])
rc = que>0?green : que<0?red : na

// Plotting
plot(que>0?ropen:na, title="Renko Gurīn Open", style=circles, color=green, linewidth=2)
plot(que<0?ropen:na, title="Renko Aka Open", style=circles, color=red, linewidth=2)
plot(que>0?rclose:na, title="Renko Gurīn Close", style=cross, color=green, linewidth=3)
plot(que<0?rclose:na, title="Renko Aka Close", style=cross, color=red, linewidth=3)
barcolor(q2?rc:na)
// Renko (type 1 or type 2)
type = (q1?n1:n1*2)
rclose = close>prclos+type? prclos>propen? prclos+n1 : prclos+type : close>prclos+n1 and prclos>propen? prclos+n1 :
close<prclos-type? prclos<propen? prclos-n1 : prclos-type : close<prclos-n1 and prclos<propen? prclos-n1 : prclos
ropen = rclose > prclos ? prclos>propen or q1? prclos : prclos+n1 :
rclose < prclos ? prclos<propen or q1? prclos : prclos-n1 : nz(ropen)
Reply
Ni6HTH4wK PRO Ni6HTH4wK
// Renko (type 1 or type 2)
type = (q1?n1:n1*2)
rclose = close>prclos+type? prclos>propen? prclos+n1 : prclos+type : close>prclos+n1 and prclos>propen? prclos+n1 : close<prclos-type? prclos<propen? prclos-n1 : prclos-type : close<prclos-n1 and prclos<propen? prclos-n1 : prclos
ropen = rclose > prclos ? prclos>propen or q1? prclos : prclos+n1 : rclose < prclos ? prclos<propen or q1? prclos : prclos-n1 : nz(ropen)
Reply
Ni6HTH4wK PRO Ni6HTH4wK
nope nevermind... its not working... look in the description for edits.
Reply
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