OPEN-SOURCE SCRIPT
Renko Live Brick Tracker -AYNET
How It Works
Renko Box Initialization:
The Renko box starts at the current price (close).
It dynamically updates based on the box_size input.
Dynamic Boundaries:
The box expands upward or downward as the price moves outside the current Renko brick boundaries.
Box Drawing:
The line.new function is used to draw the four sides of the Renko box.
The previous box lines are deleted on every bar to avoid clutter.
Live Price Tracking:
The live price is plotted as a red line within the Renko box.
Inputs
box_size: Defines the size of the Renko box in price units.
box_color: Controls the fill color of the box.
border_color: Controls the color of the box borders.
Visualization
Dynamic Renko Box:
A box tracks the price’s progress inside the current Renko brick.
Updates dynamically as the price moves.
Live Price Marker:
A red line tracks the current price inside the Renko brick.
Let me know if you’d like any enhancements, such as adding labels or alerts! 😊
Renko Box Initialization:
The Renko box starts at the current price (close).
It dynamically updates based on the box_size input.
Dynamic Boundaries:
The box expands upward or downward as the price moves outside the current Renko brick boundaries.
Box Drawing:
The line.new function is used to draw the four sides of the Renko box.
The previous box lines are deleted on every bar to avoid clutter.
Live Price Tracking:
The live price is plotted as a red line within the Renko box.
Inputs
box_size: Defines the size of the Renko box in price units.
box_color: Controls the fill color of the box.
border_color: Controls the color of the box borders.
Visualization
Dynamic Renko Box:
A box tracks the price’s progress inside the current Renko brick.
Updates dynamically as the price moves.
Live Price Marker:
A red line tracks the current price inside the Renko brick.
Let me know if you’d like any enhancements, such as adding labels or alerts! 😊
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.