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Renko Chart Mirror (Separate Pane) + Alert

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A TradingView indicator that mirrors your Renko chart’s block-by-block price action in its own pane, with color‑coded bricks and customizable new‑block alerts.

Overview
When you’re trading on a Renko chart, it can be handy to see the exact brick open/close sequence in a dedicated pane—especially if you like to layer additional studies or simply want a clearer view. This indicator reads the Renko-processed OHLC values directly from your chart and replots them as a step line, coloring each brick green or red. It also flags and optionally alerts you whenever a new Renko brick is formed.

Key Features
Separate Pane Mirror
Replots the Renko chart’s own open and close values in a clean, non‑overlay pane—no recalculation of Renko logic needed.

Color‑Coded Bricks
Bullish bricks (close > open) in green, bearish bricks (close < open) in red, with gray lines for each brick’s open level.

New‑Block Marker
Tiny triangle markers at each new brick close, matching the brick’s direction.

Built‑In Alert Conditions
Two alert conditions—“Renko Bullish Block” and “Renko Bearish Block”—so you can trigger notifications, webhooks, or automated orders when your chart prints a new up‑brick or down‑brick.

Zero Maintenance
Simply apply on any Renko chart; it auto‑adjusts to your brick size and chart symbol.


Note: All style properties (colors, line widths, marker sizes) can be adjusted in the Pine editor to suit your visual preferences.

How to Use
Switch your chart to any Renko style (classic, ATR‑based, etc.).

Add the “Renko Chart Mirror” indicator in the Indicators panel—choose “New Block” alerts if you want notifications.

Create alerts:

In the Alerts dialog, select either Renko Bullish Block or Renko Bearish Block (or both).

Customize the alert message, expiration, and delivery method (popup, email, webhook).

Trade with confidence: watch the mirrored pane for a clear, color‑coded view of each brick’s open/close sequence, and act the moment a new brick forms.

Why You’ll Love It
Clarity: Separates Renko bricks from cluttered overlays.

Speed: Immediate visual cue and alert when a new price block prints.

Flexibility: Works with any Renko variant and across all symbols/timeframes.

Simplicity: No complex inputs—just add it and go.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.