OPEN-SOURCE SCRIPT
Updated

[RESEARCH] Renko Chart Identifier

18213
Despite I am not a big fan of Renko I spent some time to solve a common problem of chart type identification using absolutely obvious technique: Renko bricks have the same size. That's all. Not a cutting-edge maths.

This tool allows to identify:
  • ATR Renko charts (see ^)
  • Traditional Renko charts


Here is example for Traditional Renko:
snapshot

It also works correctly with other chart types:

Classic Candles
snapshot

Heikin-Ashi
snapshot

Kagi
snapshot

PnF
snapshot

Range Bars
snapshot

Remember @everget!
And pay attention to the license before use)
Release Notes
  • Refactored
Release Notes
  • Update

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.