Skip to main content

Renko Chart





_SECTION_BEGIN("www.trendnifty.com");
SetBarsRequired(100000,100000);
//------------------------------------------------------------------+
// Block 1 |
//------------------------------------------------------------------+
VR=ParamToggle("View Renko","Bricks|Lines/Bars",0);
FV=Param("Initial size volatility",5,5,5,5);
MV=Param("Method calculation volatility",0,0,2,1);
PeriodVol=Param("Period calculation volatility",14,2,100,1);
Multiplier=Param("Multiplier volatility",1,0.1,10,0.1);
MR=ParamToggle("Method Renko","floating|fixed",1);
SG=ParamToggle("Show gap","No|Yes",1);
CG=ParamColor("Colour show gap",11);
MaxBS=Param("Maximum size brick",0,0,10,0.1);
MinBS=Param("Minimum size brick",0,0,10,0.1);
RenkoUp=ParamColor("Colour Renko upwards",colorGreen);
RenkoDown=ParamColor("Colour Renko downwards",colorRed);
SB=ParamStyle("View bars",defaultval=styleCandle,mask=maskPrice);
color3=ParamColor("Colour bars",colorBlack);
History=Param("History size",50000,2,BarCount-1,1);
//------------------------------------------------------------------+
// Block 2 |
//------------------------------------------------------------------+
i=Max(BarCount-1-History,PeriodVol+1);
r=j=0;
direction=0;
iGapUp=iGapDown=0;
rOpen[0]=rHigh[0]=rLow[0]=rClose[0]=jUp=jDown=Open[i];
//-------------------------------------------------------------------
switch(MV)
{
case 0: Volatility=FV; break;
case 1: Volatility=ATR(PeriodVol)*Multiplier; break;
case 2: Volatility=StDev(Open,PeriodVol)*Multiplier; break;
}
BrickSize=Volatility[i-1];
//-------------------------------------------------------------------+
// Block 3 |
//-------------------------------------------------------------------+
while(i<=BarCount-1)
{
if(SG==1)
{
if(High[i-1]<Low[i])
{
iGapUp[i]=1;
}
else
{
if(Low[i-1]>High[i])
{
iGapDown[i]=1;
}
}
}
//-------------------------------------------------------------------
if(MR==0)
{
BrickSize=Volatility[i-1];
if(MaxBS>0) {BrickSize=Min(MaxBS,BrickSize);}
if(MinBS>0) {BrickSize=Max(MinBS,BrickSize);}
}
//------------------------------------------------------------------+
// Block 4 |
//------------------------------------------------------------------+
if(direction==0)
{
if(Open[i]-rClose[r]>BrickSize)
{
rClose[r]=rOpen[r]+BrickSize;
rHigh[r]=rClose[r];
direction=1;
//-------------------------------------------------------------------
BrickSize=Volatility[i];
if(MaxBS>0) {BrickSize=Min(MaxBS,BrickSize);}
if(MinBS>0) {BrickSize=Max(MinBS,BrickSize);}
//-------------------------------------------------------------------
if(iGapUp[i]==1|iGapDown[i]==1)
{
color[r]=CG;
}
else
{
color[r]=RenkoUp;
}
continue;
}
//-------------------------------------------------------------------
else
{
if(rClose[r]-Open[i]>BrickSize)
{
rClose[r]=rOpen[r]-BrickSize;
rLow[r]=rClose[r];
direction=2;
//-------------------------------------------------------------------
BrickSize=Volatility[i];
if(MaxBS>0) {BrickSize=Min(MaxBS,BrickSize);}
if(MinBS>0) {BrickSize=Max(MinBS,BrickSize);}
//-------------------------------------------------------------------
if(iGapUp[i]==1|iGapDown[i]==1)
{
color[r]=CG;
}
else
{
color[r]=RenkoDown;
}
continue;
}
}
}
//------------------------------------------------------------------+
// Block 5 |
//------------------------------------------------------------------+
else
{
if(direction==1)
{
if(rOpen[r]-Open[i]>BrickSize)
{
r++;
rOpen[r]=rOpen[r-1];
rHigh[r]=rOpen[r];
rClose[r]=rOpen[r]-BrickSize;
rLow[r]=rClose[r];
direction=2;
//-------------------------------------------------------------------
BrickSize=Volatility[i];
if(MaxBS>0) {BrickSize=Min(MaxBS,BrickSize);}
if(MinBS>0) {BrickSize=Max(MinBS,BrickSize);}
//-------------------------------------------------------------------
if(iGapUp[i]==1|iGapDown[i]==1)
{
color[r]=CG;
}
else
{
color[r]=RenkoDown;
}
continue;
}
//-------------------------------------------------------------------
else
{
while(Open[i]-rClose[r]>BrickSize)
{
r++;
rOpen[r]=rClose[r-1];
rLow[r]=rOpen[r];
rClose[r]=rOpen[r]+BrickSize;
rHigh[r]=rClose[r];
//-------------------------------------------------------------------
BrickSize=Volatility[i];
if(MaxBS>0) {BrickSize=Min(MaxBS,BrickSize);}
if(MinBS>0) {BrickSize=Max(MinBS,BrickSize);}
//-------------------------------------------------------------------
if(iGapUp[i]==1|iGapDown[i]==1)
{
color[r]=CG;
}
else
{
color[r]=RenkoUp;
}
}
}
}
//------------------------------------------------------------------+
// Block 6 |
//------------------------------------------------------------------+
else
{
if(direction==2)
{
if(Open[i]-rOpen[r]>BrickSize)
{
r++;
rOpen[r]=rOpen[r-1];
rLow[r]=rOpen[r];
rClose[r]=rOpen[r]+BrickSize;
rHigh[r]=rClose[r];
direction=1;
//-------------------------------------------------------------------
BrickSize=Volatility[i];
if(MaxBS>0) {BrickSize=Min(MaxBS,BrickSize);}
if(MinBS>0) {BrickSize=Max(MinBS,BrickSize);}
//-------------------------------------------------------------------
if(iGapUp[i]==1|iGapDown[i]==1)
{
color[r]=CG;
}
else
{
color[r]=RenkoUp;
}
continue;
}
//-------------------------------------------------------------------
else
{
while(rClose[r]-Open[i]>BrickSize)
{
r++;
rOpen[r]=rClose[r-1];
rHigh[r]=rOpen[r];
rClose[r]=rOpen[r]-BrickSize;
rLow[r]=rClose[r];
//-------------------------------------------------------------------
BrickSize=Volatility[i];
if(MaxBS>0) {BrickSize=Min(MaxBS,BrickSize);}
if(MinBS>0) {BrickSize=Max(MinBS,BrickSize);}
//-------------------------------------------------------------------
if(iGapUp[i]==1|iGapDown[i]==1)
{
color[r]=CG;
}
else
{
color[r]=RenkoDown;
}
}
}
}
}
}
//------------------------------------------------------------------+
// Block 7 |
//------------------------------------------------------------------+
if(VR==1)
{
jOpen[j]=Open[i];
jHigh[j]=High[i];
jLow[j]=Low[i];
jClose[j]=Close[i];
//-------------------------------------------------------------------
if(direction==1)
{
jUp[j]=rClose[r];
jDown[j]=rOpen[r];
color2[j]=color[r];
}
else
{
if(direction==2)
{
jUp[j]=rOpen[r];
jDown[j]=rClose[r];
color2[j]=color[r];
}
}
j++;
}
i++;
}
//------------------------------------------------------------------+
// Block 8 |
//------------------------------------------------------------------+
if(VR==1)
{
delta=BarCount-j;
jOpen=Ref(jOpen,-delta);
jHigh=Ref(jHigh,-delta);
jLow=Ref(jLow,-delta);
jClose=Ref(jClose,-delta);
jUp=Ref(jUp,-delta);
jDown=Ref(jDown,-delta);
color2=Ref(color2,-delta);
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat(" - Open %g, Hi %g, Lo %g, Close %g (%.1f%%) ", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
PlotOHLC(jOpen,jHigh,jLow,jClose,"SRI",color3,SB);
Plot(jUp,"Up",color2,styleThick);
Plot(jDown,"Down",color2,styleThick);
}
//-------------------------------------------------------------------
else
{
delta=BarCount-1-r;
rOpen=Ref(rOpen,-delta);
rHigh=Ref(rHigh,-delta);
rLow=Ref(rLow,-delta);
rClose=Ref(rClose,-delta);
color=Ref(color,-delta);
PlotOHLC(rOpen,rHigh,rLow,rClose,"SRI",color,styleCandle);
}
_SECTION_END();

_SECTION_BEGIN("EMA");
P = ParamField("Price field",-1);
Periods = Param("Periods", 24, 2, 300, 1, 10 );
Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorWhite ), ParamStyle("Style") );
_SECTION_END();

_SECTION_BEGIN("EMA1");
P = ParamField("Price field",-1);
Periods = Param("Periods", 48.5, 2, 300, 1, 10 );
Plot( EMA( P, Periods ), _DEFAULT_NAME(), ParamColor( "Color", colorCustom12 ), ParamStyle("Style") );
_SECTION_END();

Comments

Post a Comment

Popular posts from this blog

ST GAP BUY SELL

 _SECTION_BEGIN("st gap buy sell"); Plot( C, "Close", ParamColor("Color", colorDefault ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() ); SetBarsRequired(sbrAll,sbrAll); xx=BarIndex();x=xx;Lx=LastValue(x); rightStrength=Optimize("R_S",Param("R_S",3,1,50,1) ,1,50,1); leftStrength=Optimize("L_S",Param("L_S",3,1,50,1), 1,50,1); function pkID(rightStrength,leftStrength) { pk=H>Ref(HHV(H,leftStrength),-1) AND H>=Ref(HHV(H,rightStrength),rightStrength); return pk; } function trID(rightStrength,leftStrength) { tr=L<Ref(LLV(L,leftStrength),-1) AND L<=Ref(LLV(L,rightStrength),rightStrength); return tr; } pk=pkID(rightStrength,leftStrength); tr=trID(rightStrength,leftStrength); SetChartBkColor(ColorRGB(0,0,0));SetChartOptions(0 ,chartShowDates); SetBarFillColor(IIf(C>O,colorGreen,IIf(C<=O,colorRed,colorLightGrey))); pkHigh1=Ref(ValueWhen(pk,H,1),-(rightStreng...
Post a Comment
Read more

QQE LINE

function QQELine( indiValue, deltaRSIValue, smoothPeriod ) { local prevVal, prevIndi, qqeValue, indi_sum; local indi_diff, higherCond, lowerCond, result; prevVal = prevIndi = 0; qqeValue = Null; indi_sum = indiValue + deltaRSIValue; indi_diff = indiValue - deltaRSIValue; for ( i = 1; i < BarCount; i++ ) { prevVal = qqeValue[i - 1]; prevIndi = indiValue[i - 1]; higherCond = prevIndi > prevVal AND indiValue[i] > prevVal; lowerCond = prevIndi < prevVal AND indiValue[i] < prevVal; qqeValue[i] = Iif( indiValue[i] == prevVal, prevVal, Iif( lowerCond, Min( prevVal, indi_sum[i] ), Iif( higherCond, Max( prevVal, indi_diff[i] ), Iif( indiValue[i] > prevVal, indi_diff[i], indi_sum[i] ) ) ) ); } result = EMA( qqeValue, smoothPeriod );// EL XAverage is EMA return result; } // Modified Exponential Moving Average function MEMA( Price, Period ) { local smoothing, result; smoothing = 1 / Max( 1, Period ); result = AMA( Pric...
Post a Comment
Read more

TB 100.1.1 tsf tema linear

_SECTION_BEGIN("Magnified Market Price"); //by Vidyasagar, vkunisetty@yahoo.com// SetChartOptions(0,chartShowArrows|chartShowDates); FS=Param("Font Size",30,11,100,1); GfxSelectFont("Times New Roman", FS, 700, True ); GfxSetBkMode( colorWhite ); GfxSetTextColor( ParamColor("Color",colorWhite) ); Hor=Param("Horizontal Position",750,1,1200,1); Ver=Param("Vertical Position",7,1,830,1); GfxTextOut(""+C , Hor , Ver ); YC=TimeFrameGetPrice("C",inDaily,-1); DD=Prec(C-YC,2); xx=Prec((DD/YC)*100,2); GfxSelectFont("Times New Roman", 11, 700, True ); GfxSetBkMode( colorWhite ); GfxSetTextColor(ParamColor("Color",colorWhite) ); //GfxTextOut("Open - "+O+" High - "+H+" Low - "+L+" Close - "+C, Horr , Verr-14 ); //GraphXSpace = Param("Graph Space",500,-10,500,1); _SECTION_END(); _SECTION_BEGIN("Trend Blaster V1.2"); SetChartBkColor(...
Post a Comment
Read more