everget

[RESEARCH] Renko Chart Identifier

everget Wizard Updated   
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:

It also works correctly with other chart types:

Classic Candles

Heikin-Ashi

Kagi

PnF

Range Bars

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

Freelance -> Telegram: @alex_everget

A list of Free indicators:
bit.ly/2S7EPuN

A list of Paid indicators:
bit.ly/33MA81f

Earn $30:
www.tradingview.com/gopro/?share_your_love=everget
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?