Samurai RENKOSamurai buy / sell signals - for RENKO candles only.
To add indicator:
1. Pick your chart / pairs
2. Indicators > invite-only scripts
3. Samurai RENKO
4. Set candle type to RENKO
5. Format candles after your liking, ATR & ATR length / Traditional % Box size, time frame.
(if your chart disappears entirely, it's probably because you have to set the above option to ATR)
Settings:
1. Press "format" button on indicator (small cog wheel)
2. Set "Sub Filter %" to an amount (0-100) where the worst buy positions disappear.
3. Adjust "Fiddle Setting" A and B until you're happy with the majority of the buy positions.
4. Adjust "Main Filter %" and "Sub Filter %" to see, if they can filter out additional bad positions.
5. If you don't get good positions, you might want to change pairs or candle / timeframe settings.
(every coin behaves very differently, as do different candles and timeframes.
Usage:
- Use AutoView Chrome extension with Binance, Bitmex, etc., to auto trade.
- Use SMS, e-mail or pop up message alerts, for manually trading.
Strategy suggestions:
- Use somewhat loose settings, and buy a small amount on buy signal, sell all on sell signal. This way, you DCA (dollar cost average), if the indicator picks up a false bottom and keep falling.
- Buy on buy signal, and use either trailing take profit or set profit %.
- Set up the indicator with tight settings - e.g. very few but quality buys, and hold your positions longer, for more profit %. Beware of false bottoms.
Disclaimer:
- I take no responsibility for the usage of the Samurai RENKO indicator.
- Beware of false bottoms. Use DCA and/or stoploss to reduce losses.
- Use the BUY signals cautiously. You might get a great buy only to miss out on profits because the indicator didn't signal SELL.
- As mentioned earlier, you might have a hard time finding the "sweet spot" sometimes.
For a free trial message me directly here, or send a message to:
jangeisler@live.dk
Cari dalam skrip untuk "renko"
AGHYAD_Renko+Sniper+PAB+TZ+ICHIMOKU_V21. MUST: RENKO ATR 2 YELOOW
2. STRONG: SNIPER 8,8 BUY SIGNAL
3. WEAK: TZ 6,6 BUY SIGNAL
========= SELL =========
1. STRONG: SNIPER 8,8 SELL SIGNAL
2. WEAK: TZ 6,6 SELL SIGNAL
3. WEAK: RENKO ATR 2 RED
=========NOTE=========
RENKO > SNIPER > TZ
6 minutes ago
the sniper buy signal is now based on renko
CryptoM173's Gimme MoneyLatest version. Nobody gave me feedback and managing requests to add people became a PITA. Enjoy.
I like money, you like money, this set up has the potential to make a LOT of it. That being said, I do NOTmake any warranties of this making you money, nor do I guarantee you will NOT lose money. In the end, you're the one configuring it and interpreting the results. Providing that you DO set it up correctly and it makes you obscene amounts of money, donations are always welcome (addresses below).
Before you start, it's probably you read EVERYTHING below.
You'll have to do some tweaking of the MA's to find a strat that best suits your needs. It is an indicator you're welcome to use to assist in your trading decisions. I made this script for renko charts and trading bitcoin -1.64% because the standard strat wasn't working out. if you find you're getting a lot of consecutive colored bars or crosses on Renko, you may need to switch from ATR 14 to something like Traditional 50. You will need to adjust the "box value" for traditional renko to fit the asset you're working with, on the time frame you're trading on. Smaller values (i.e. on bitcoin -1.64% I use a box value of 50 on 4hr and 1D with absurd success) but you need to make sure they're not too small, otherwise small moves may appear larger than they are, resulting in a bunch of break-even trades. If you're going to be trading cryptocurrency, it's easiest to switch back to ATR14 to get an idea of the Average Trading range to have a reference point to start from trading btc -1.64% (i.e .000034 rather than 50).
It's a great tool if you're looking to carry both swap and futs positions and keep an eye on the short term swap opportunities while monitoring the status of your futs position and help decide whether or not to close a long at a correction or not and while this strategy has been most effective for me with Renko bars, it's been very useful for monitoring futs positions on traditional charts.
For access, feel free to DM -0.34% me on twitter, @CryptoM173
If you're the generous type, feel free to donate Bitcoin to: 3BMEXWz6Es7iLdi9zAyMWWHHZPNbMKPqrV
CryptoM173's Gimme Money v1.1I like money, you like money, this set up has the potential to make a LOT of it. That being said, I do NOT make any warranties of this making you money, nor do I guarantee you will NOT lose money. In the end, you're the one configuring it and interpreting the results. Providing that you DO set it up correctly and it makes you obscene amounts of money, donations are always welcome (addresses below).
Before you start, it's probably you read EVERYTHING below.
You'll have to do some tweaking of the MA's to find a strat that best suits your needs. It is an indicator you're welcome to use to assist in your trading decisions. I made this script for renko charts and trading bitcoin because the standard strat wasn't working out. if you find you're getting a lot of consecutive colored bars or crosses on Renko, you may need to switch from ATR 14 to something like Traditional 50. You will need to adjust the "box value" for traditional renko to fit the asset you're working with, on the time frame you're trading on. Smaller values (i.e. on bitcoin I use a box value of 50 on 4hr and 1D with absurd success) but you need to make sure they're not too small, otherwise small moves may appear larger than they are, resulting in a bunch of break-even trades. If you're going to be trading cryptocurrency, it's easiest to switch back to ATR14 to get an idea of the Average Trading range to have a reference point to start from trading btc (i.e .000034 rather than 50).
It's a great tool if you're looking to carry both swap and futs positions and keep an eye on the short term swap opportunities while monitoring the status of your futs position and help decide whether or not to close a long at a correction or not and while this strategy has been most effective for me with Renko bars, it's been very useful for monitoring futs positions on traditional charts.
For access, feel free to DM me on twitter, @CryptoM173
If you're the generous type, feel free to donate Bitcoin to: 3BMEXWz6Es7iLdi9zAyMWWHHZPNbMKPqrV
AGHYAD_Renko+Sniper+PAB+TZ========= BUY =========
1. MUST: RENKO ATR 3 YELOOW
2. STRONG: SNIPER 8,8 BUY SIGNAL
3. WEAK: TZ 6,6 BUY SIGNAL
========= SELL =========
1. STRONG: SNIPER 8,8 SELL SIGNAL
2. WEAK: TZ 6,6 SELL SIGNAL
3. WEAK: RENKO ATR 3 RED
=========NOTE=========
RENKO > SNIPER > TZ
Smoothed Renko OscillatorSMOOTHED RENKO OSCILLATOR
Technical indicator combining Renko charting with oscillator mechanics for price momentum analysis. Brick size determines sensitivity of price movement detection, with adjustable smoothing for noise reduction.
Parameters include brick size (default 10), smoothing period (5), oscillator period (14), and smoothing type selection (EMA/SMA/WMA). Values above zero indicate bullish momentum, below zero bearish momentum, with ±40-50 marking potential reversal zones. Zero-line crossovers suggest trend changes.
Larger brick settings reduce noise but delay signals, while smaller bricks increase sensitivity. EMA smoothing provides faster response, while SMA/WMA offer more stable readings. The indicator supports trend confirmation, momentum measurement, divergence analysis, and entry/exit timing.
Best used in conjunction with price action and additional indicators for comprehensive market analysis. Particularly effective in trending markets for momentum confirmation and potential reversal identification.
G-SIRPG-SIRP Has been Developed with One Idea in Mind... Automated Trading.
Just set it up and walk away.
It makes use of the noise cancelling power of our Re engineered Renko Candles on Traditional Settings.
Using Normal Code on Normal Renko will NOT work as the Candles will repaint thereby causing a Skewed backtest result.
This is Why G-SIRP is one of a kind as we have managed to find a solution to a Problem using Pine that is not currently available in any documentation on Pine.
We have incorporated Alot of Logic into the script to allow you to ride a trend successfully that includes a Trailing Stop Loss So that you are making sure that profit is being locked in.
MBY_Bigginger Pack for Renko Reading(ver.1.0)Hi, This is MBY with RR_Pack indicator.
This indicator include 3 Things each different 2 Moving averages, 1 bollinger bands.
Using this indicator on your chart, be sure to use it on the Renko chart.
The peak of the Price on RenKo sheet will not reach the top of the Bollinger band.
Trend transition-----
1) Down -> Up : Break through 9MA with crossover 9MA & 15MA -> The Peak will be reach bollinger bands upper.
2) Up-> Down : :)
Thank you for your attention!!!
[astropark - Premium] 3m-5m-15m-30m Renko ScalperHi Followers!
Is it possibile to multiply your capital by 30 times in one year?
YES, it is! Just use this script on Renko charts!
This script is the study version of this strategy:
Why is this version necessary? With this script you can set alarms and get notified when a new signal appears on the Renko chart ! With strategy you can't!
This strategy works great at following timeframes:
30 minutes
15 minutes
5 minutes
3 minutes
Keep in mind that this is not the Holy Grail and price manipulation can create great volatility!
So always set a stop loss in trades, like -3%/-5% from entry point, depending on your risk management style.
This is a premium indicator , so send me a private message in order to get access to this script.
Do you like my scripts? Offer me a coffee, a beer, a pizza or whatever :)
BTC jar: 1K5kuYQPEqoNo6GRmJbHWMPmqwKM5S3oRR
ETH jar: 0x091b541a6dd6fe08c4e7bd909baafb2fce9b975e
LTC jar: LSVoAChsZrVsvbNyUfdpxtFpDAUSaUTUig
XRP jar: (XRP deposit tag) 103997763 (XRP deposit address) rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh
PS: Do you need a customization or do you need a dev who implements your strategy? send me a private message ;-)
Trader Set - Pivot PointsThis is a Pivot Point indicator that has the ability to sit on top of Uni Renko Charts to show the center pivot (others don't work because of specifications of uni renko chart unless i figure something in future) but on price charts and range charts they work like charm.
Unlike the built in indicator, you can choose separately to draw each support or resistance level. Other than Standard draw from the built in indicator, all other types are included in this indicator.
Please, don't ask for access, only my students from my classes will have access to this indicator, at least for time being. If at any time in future I wish to sell, you will find the price and how to buy in the comments bellow.
[JL] 3-Color Renko High-Low AlertI am playing Renko and made this script.
- Ignore ATR mode because it will repaint. Instead setting the boxsize and SL index by wathching ATR Labels
- pipmode is because I always trading forex. Normally I use pips. If you are trading others just set it to false.
- Set up box size and SL index based on ATR Labels
GODMODE reversal points Script shows reversal points on renko candles
Green shape = buy point
Red shape = sell point
Ema's works as support and resistance
Also ema's can be useful as a stoploss
Ema's available
55 = yellow
99 = aqua
Kins Renko Peak Trough TrendlinesScript is built on the Renko Chart for Bitmex XBT. Looks for swing high/low and RSI divergences as well as some other bits.
This is my first week with Pine Script so there's probably some terrible coding practices in here but the functionality seems acceptable.
Wyckoff Trend Tracking Renko with TimeWyckoff Trend Tracking Renko with Time 该指标用于计算砖形图每个砖块的时间。必须与砖形图配合使用效果才会体现。
Wyckoff Trend Tracking Renko VolumeWyckoff Trend Tracking Renko Volume 该指标用于计算砖形图每个砖块的交易量。必须与砖形图配合使用效果才会体现。
Stochastic RSI Signal LinesThis script is for private use only. I created it as step 1 for my Renko Trading Strategy.
Tested on BitMex on XBTUSD.