Renko Notification
Allows for setting of an alert, when a renko trend changes- i.e. when a green brick is formed and closes after a series of one or more red bricks and vice versa.
To set alert for green brick choose:
Green
Greater than
Red
To set alert for red brick choose:
Red
Greater than
Green
It works on any timeframe and renko settings.
However please note, that the alert set will be bound to the Renko settings that were present when the alert was set.
For instance: If traditional Renko was chosen with a setting of 10, then the alert will always carry that setting. This means that even if settings are changed on the chart afterwards, the alert will not reflect those new settings. In that case a new alert needs to be created, that will then contain the new settings.
This is important to keep in mind when using Renko ATR settings.
To set alert for green brick choose:
Green
Greater than
Red
To set alert for red brick choose:
Red
Greater than
Green
It works on any timeframe and renko settings.
However please note, that the alert set will be bound to the Renko settings that were present when the alert was set.
For instance: If traditional Renko was chosen with a setting of 10, then the alert will always carry that setting. This means that even if settings are changed on the chart afterwards, the alert will not reflect those new settings. In that case a new alert needs to be created, that will then contain the new settings.
This is important to keep in mind when using Renko ATR settings.