Based on my "Renko Reversal Alert".
Will open a long trade and close all short trades, if there is a bullish renko reversal.
Will open a short trade and close all long trades, if there is a bearish renko reversal.
The (Al Nami Quantum Blocks v.11) script is based on Renko chart that is based on % move of the selected symbol. This is different from the traditional or ATR based Renko charts..
box size = user selected percentage x current price
Alnami Quantum Blocks Channel is composed of 5 levels that are calculated based on the box size:
2- Green Box High...