PROTECTED SOURCE SCRIPT
Apex Edge™ - Renko Sweep Tracker
📊 Apex Edge™ - Renko Sweep Tracker
A complete, trend-filtered reversal system built specifically for the Daily Renko chart on TradingView.
🧱 What Are Renko Charts?
Renko charts are a powerful alternative to candlesticks — they focus only on price movement, filtering out time-based noise.
Each “brick” represents a fixed amount of price movement (like 0.02 or 2.5), so charts form based on price action, not time.
This makes it incredibly effective for:
Spotting real reversals
Tracking momentum
Avoiding fakeouts during choppy markets
Renko charts = pure price logic.
💡 What This Indicator Does:
The Renko Sweep Tracker is designed to track 2-brick reversals in line with the trend and highlights optimal entry points using a visual Hull Moving Average (HMA) and smart exit logic.
It’s a fully self-contained entry/exit system:
✅ Entry arrows for reversal detection
✅ HMA trend ribbon to stay with momentum
✅ Optional structure breakout filter
✅ Trend-colored background
✅ Optional trade lines and exit markers
✅ One-trade-at-a-time logic to keep things clean
🆓 Works With Free TradingView Account
This script is built specifically for TradingView's Free Renko chart, using ATR-based bricks.
Simply set your chart to:
Chart Type: Renko
Timeframe: 1D (Daily)
Style: ATR 14 (Default setting)
No premium subscription needed.
🧠 How To Use It
Open any symbol (works great on Forex, crypto, indices)
Switch to Renko [ATR] chart
Set timeframe to 1D
Load this indicator
Watch for:
Green triangle = Buy signal
Red triangle = Sell signal
“X” = Exit
Optional: Use the trend ribbon and background to filter trades
Customize all settings under the gear icon:
Trend filters
Exit after X bricks
Show/hide trade visuals
Structure breakout logic
⚙️ Best Used For:
Trend-following Renko traders
Swing entries based on momentum reversals
Clean chart traders who hate noise
Anyone wanting a powerful tool that doesn’t require premium
⚠️ Disclaimer:
This script is not financial advice. Use in demo or forward-test environments before applying to live markets.
Results may vary based on instrument, market conditions, and settings.
A complete, trend-filtered reversal system built specifically for the Daily Renko chart on TradingView.
🧱 What Are Renko Charts?
Renko charts are a powerful alternative to candlesticks — they focus only on price movement, filtering out time-based noise.
Each “brick” represents a fixed amount of price movement (like 0.02 or 2.5), so charts form based on price action, not time.
This makes it incredibly effective for:
Spotting real reversals
Tracking momentum
Avoiding fakeouts during choppy markets
Renko charts = pure price logic.
💡 What This Indicator Does:
The Renko Sweep Tracker is designed to track 2-brick reversals in line with the trend and highlights optimal entry points using a visual Hull Moving Average (HMA) and smart exit logic.
It’s a fully self-contained entry/exit system:
✅ Entry arrows for reversal detection
✅ HMA trend ribbon to stay with momentum
✅ Optional structure breakout filter
✅ Trend-colored background
✅ Optional trade lines and exit markers
✅ One-trade-at-a-time logic to keep things clean
🆓 Works With Free TradingView Account
This script is built specifically for TradingView's Free Renko chart, using ATR-based bricks.
Simply set your chart to:
Chart Type: Renko
Timeframe: 1D (Daily)
Style: ATR 14 (Default setting)
No premium subscription needed.
🧠 How To Use It
Open any symbol (works great on Forex, crypto, indices)
Switch to Renko [ATR] chart
Set timeframe to 1D
Load this indicator
Watch for:
Green triangle = Buy signal
Red triangle = Sell signal
“X” = Exit
Optional: Use the trend ribbon and background to filter trades
Customize all settings under the gear icon:
Trend filters
Exit after X bricks
Show/hide trade visuals
Structure breakout logic
⚙️ Best Used For:
Trend-following Renko traders
Swing entries based on momentum reversals
Clean chart traders who hate noise
Anyone wanting a powerful tool that doesn’t require premium
⚠️ Disclaimer:
This script is not financial advice. Use in demo or forward-test environments before applying to live markets.
Results may vary based on instrument, market conditions, and settings.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.