PROTECTED SOURCE SCRIPT
[NLX-L2] Renko Flip
- Renko Flip -
This indicator give you signals based on non-repainting Renko blocks (ATR based) on regular candle charts and is Multi-Timeframe compatible.
- Example: How to Use -
1. Add a Trend Indicator like Trend Index MTF to your chart
2. Add this Renko Flip Indicator to your Chart and select the Trend Index MTF with Type L1 in the Settings as Signal Source
3. Add the Backtest Module to your Chart and select the Renko Flip Signal with Type L2 as Source
The Hurst-Exponent-Signal-Filter can be used as well, simply add it in between the Renko Flip and Backtest/Alert module :)
- Alerts for Automated Trading -
See my signature below. Contact me for the Alert module.
This indicator give you signals based on non-repainting Renko blocks (ATR based) on regular candle charts and is Multi-Timeframe compatible.
- Example: How to Use -
1. Add a Trend Indicator like Trend Index MTF to your chart
2. Add this Renko Flip Indicator to your Chart and select the Trend Index MTF with Type L1 in the Settings as Signal Source
3. Add the Backtest Module to your Chart and select the Renko Flip Signal with Type L2 as Source
The Hurst-Exponent-Signal-Filter can be used as well, simply add it in between the Renko Flip and Backtest/Alert module :)
- Alerts for Automated Trading -
See my signature below. Contact me for the Alert module.
Protected script
This script is published closed-source and you may privately use it freely.
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