OPEN-SOURCE SCRIPT

Hancock - Renko Brick Production

Updated

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

ahancock

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.