Renko Momentum Indicator
Since time is removed, all we're focusing on is trends/price direction without the noise.
This indicator is meant to serve as an oscillator for trend with alerts for buy and sell.
Playing the FTX Moon/Doom, configure your settings as follows:
Traditional
Price * 10%. This gives longer scalps.
Price * 1%. This gives quick plays.
Wait for the indicator to print a buy signal. If it's beyond OB/OS, wait for the EMAs to start moving back into range. Buy on the breakout of this.
I'll potentially add an alert for this in the future.
I recommend forward testing this until you understand it.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact monnicore directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact monnicore directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.