Renko Strategy V2

Version 2.0 of my previous renko strategy using Renko calculations, this time without using Tilson T3 and without using security for renko calculations to remove repaint!
Seems to work nicely on cryptocurrencies on higher time frames.

== Description ==
Strategy gets Renko values and uses renko close and open to trigger signals.
Base on these results the strategy triggers a long and short orders, where green is uptrending and red is downtrending.
This Renko version is based on ATR, you can Set ATR (in settings) to adjust it.

== Notes ==
Supports alerts.
Supports backtesting time ranges.
Shorts are disabled by default (can be enabled in settings).
Link to previous Renko strategy V1:

Stay tuned for version V3 in the future as i have an in progress prototype, Follow to get updated:
tradingview.com/u/dman103/

Release Notes

Added working alerts.
Some title settings rearrangement.

Release Notes

Simplified Time range selection in Settings (Thanks spdoinkal)

Release Notes

Converted to Pinescript 5.0
Minor code optimization.

dman103

Appreciation of my work: paypal.me/dman103
Premium Pivot Points Algo Indicator: tradingview.com/script/LFBaHNuA-Pivot-Points-Algo/
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live

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

Want to use this script on a chart?

dman103

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