This indicator has been designed to show you both candle chart and Renko chart in one place. I think most of you are familiar with candle chart which is working with the time and price movements but Renko chart is based on price differences and is not related to the "time" parameter. so if you see a Renko brick is appear up(or down) to the previous brick it means that a certain and fixed price movement has been occurred (which mostly calculate by ATR). and also this indicator works in any time frame. Remember because we want both charts we have time parameter in this indicator, and if the price doesn't move up or down a certain percentage from previous bars, it will plot a renko bar beside the previous one. you can use this indicator to see if the price moves up or down. Or you can determine the important support and resistances with much less noises. it can be used as a confirmation for you to keep your positions or exit. go ahead and discover it...
If you have any questions, don't hesitate! ask in the comments section below.
Salam va doroud.... Agha kamjoo,namishe in andicator ro mesle chart renko ke khode trading view dare benevisin va taghiresh bedin...choun man mikhastam chart ro be sourat renko bezaram vali nashod va vase account haye pooli hast...age in lotf ro konin va beshe mesle chart renko trading view bashe mamnoon misham🌹🌹
salarkamjoo
⋅
@Harad1997, salam, chon charte renko bar asas zaman nis nemishe in karo kard. char candli bar asas zaman kar mikone. in andicatori ke man tarsim kardam daghighan hamin karo mikone tozihatesho bexuni rahat motavajeh mishi chetori tarsim mishe
aallii_jb
⋅
@salarkamjoo, i soal dashtam mishe khode charte renko ro kari kard k on ghesmate porojectionesh harekat ke mikone biofte ro chart va kamrang nabashe va pak nashe . bebakhshid k in soalam marbot b andicator nabud
randyandrajie
⋅
Looks interesting to me!
How much is this, and can I try it before buying?
Thank you.
salarkamjoo
⋅
@randyandrajie, it's free my friend, just click the add to favorites
karthyca
⋅
Does it repaint sir?
sfwtrade
⋅
@karthyca, hi brother did you check it if it’s repainting?
sumitvohra
⋅
You made a very useful script, brother. Could you add a Multi Time Frame function to the script as a suggestion? When looking at the trend over a weekly or daily time frame, I believe that will be helpful.
Agha kamjoo,namishe in andicator ro mesle chart renko ke khode trading view dare benevisin va taghiresh bedin...choun man mikhastam chart ro be sourat renko bezaram vali nashod va vase account haye pooli hast...age in lotf ro konin va beshe mesle chart renko trading view bashe mamnoon misham🌹🌹