OPEN-SOURCE SCRIPT
Atualizado Renko Suite
all-in-one chart overlay engineered to clean up market noise, map structural order flow, and deliver actionable multi-market context directly on your standard time-based candle charts.
By combining synthetic Renko trend tracking with automated market structure levels and real-time index monitoring, this script allows you to spot structural shifts instantly without switching chart types.
Primary Use Cases
Noise Filtering & Trend Identification: Use synthetic Renko bar coloring to eliminate intraday choppy price movements, allowing you to hold positions during strong trends and spot real structural trend reversals early.
Initial Risk Mapping: The First-Candle Renko Box locks onto the high and low of the exact candle that triggered a new Renko color flip. Traders can use this initial range to set initial stop-losses or measure early breakout consolidation zones.
Target & Reversal Level Execution: Use the forward-looking Continuation / Flip Lines to identify exact price targets where the next Renko brick will print or where price must reverse to trigger a trend flip.
Dynamic Support/Resistance Tracking: Leverage the automated Pivot S/R lines to see where key swing highs and lows align with current Renko trends, identifying high-probability confluence zones for entries and exits.
Multi-Market Confluence: Monitor the live Index Dashboard (QQQ, SPY, DIA) in the corner of your screen to ensure individual stock trades align with the overall direction of the broader indices.
Key Features
Synthetic Renko Bar Coloring: Repaints live chart candles according to a custom-defined Renko box size without losing time-based bar visibility.
First-Candle Renko Trend Boxes: Generates a continuous visual box starting from the precise candle where a Renko color change occurs, locking its top/bottom boundaries to that trigger candle while extending forward until the next trend flip.
Forward-Looking Target & Projection Lines: Dynamically plots forward-extending line levels indicating the exact price target for the next bullish/bearish Renko brick, alongside a shaded Zero Zone marking the last closed Renko brick range.
Automated Pivot Support & Resistance: Identifies structural swing points via a multi-pass matrix algorithm and projects horizontal ray lines across your chart.
Live Index Dashboard: A non-intrusive bottom-right table providing real-time price readouts for QQQ, SPY, and DIA (including extended session data).
Inputs & Customization
Renko Settings: Adjust the primary box size, custom bullish/bearish colors, and toggle forward-looking target projection lines or the Zero Zone overlay.
Box Settings: Toggle trend boxes on/off and adjust transparency to suit dark or light chart themes.
Pivot Support / Resistance: Adjust pivot lookback periods (lb / rb), line styles (dashed, solid, dotted), widths, and distinct colors for support and resistance.
Index Display Settings: Selectively show or hide individual trackers for QQQ, SPY, or DIA.
By combining synthetic Renko trend tracking with automated market structure levels and real-time index monitoring, this script allows you to spot structural shifts instantly without switching chart types.
Primary Use Cases
Noise Filtering & Trend Identification: Use synthetic Renko bar coloring to eliminate intraday choppy price movements, allowing you to hold positions during strong trends and spot real structural trend reversals early.
Initial Risk Mapping: The First-Candle Renko Box locks onto the high and low of the exact candle that triggered a new Renko color flip. Traders can use this initial range to set initial stop-losses or measure early breakout consolidation zones.
Target & Reversal Level Execution: Use the forward-looking Continuation / Flip Lines to identify exact price targets where the next Renko brick will print or where price must reverse to trigger a trend flip.
Dynamic Support/Resistance Tracking: Leverage the automated Pivot S/R lines to see where key swing highs and lows align with current Renko trends, identifying high-probability confluence zones for entries and exits.
Multi-Market Confluence: Monitor the live Index Dashboard (QQQ, SPY, DIA) in the corner of your screen to ensure individual stock trades align with the overall direction of the broader indices.
Key Features
Synthetic Renko Bar Coloring: Repaints live chart candles according to a custom-defined Renko box size without losing time-based bar visibility.
First-Candle Renko Trend Boxes: Generates a continuous visual box starting from the precise candle where a Renko color change occurs, locking its top/bottom boundaries to that trigger candle while extending forward until the next trend flip.
Forward-Looking Target & Projection Lines: Dynamically plots forward-extending line levels indicating the exact price target for the next bullish/bearish Renko brick, alongside a shaded Zero Zone marking the last closed Renko brick range.
Automated Pivot Support & Resistance: Identifies structural swing points via a multi-pass matrix algorithm and projects horizontal ray lines across your chart.
Live Index Dashboard: A non-intrusive bottom-right table providing real-time price readouts for QQQ, SPY, and DIA (including extended session data).
Inputs & Customization
Renko Settings: Adjust the primary box size, custom bullish/bearish colors, and toggle forward-looking target projection lines or the Zero Zone overlay.
Box Settings: Toggle trend boxes on/off and adjust transparency to suit dark or light chart themes.
Pivot Support / Resistance: Adjust pivot lookback periods (lb / rb), line styles (dashed, solid, dotted), widths, and distinct colors for support and resistance.
Index Display Settings: Selectively show or hide individual trackers for QQQ, SPY, or DIA.
Notas de Lançamento
clean upNotas de Lançamento
clean up. toggle to turn off candle color Notas de Lançamento
fixed bar color / box timing Notas de Lançamento
final clean up on trend box logicNotas de Lançamento
candle color and boxes still one candle off occassionally. i think fixed nowNotas de Lançamento
was wrong. reverted. still trying to fix being slighting off in time for historical analysisNotas de Lançamento
ok i think i fixed it :) Notas de Lançamento
control of current renko range fill colorNotas de Lançamento
clean up. fixed flip candle logic Notas de Lançamento
reverted. fix didnt workNotas de Lançamento
ok fixed for realNotas de Lançamento
ok i made aslight change to logic. TV renko does not confirm box until timeframe closes. for this indicator a new box is presumed once the range is breached even if it does not close. you will see it works betterNotas de Lançamento
made some cosmetic changes Notas de Lançamento
changed imageNotas de Lançamento
final update i think Notas de Lançamento
minor tweak to address large moves in single candleNotas de Lançamento
settings clean up Notas de Lançamento
changed some supplemental elements. Brought back a macro renko to give visual understand of where we are on a higher renko framing. replaced general support resistance with implied change in character levels that help frame confluence on direction. restructured settings panel Notas de Lançamento
clean up new imageNotas de Lançamento
ok major update. we now have historical boxes. this shows clearly order flow working to continue or reversing. Notas de Lançamento
cleaned up settingsNotas de Lançamento
clean upNotas de Lançamento
clean upNotas de Lançamento
settings clean upNotas de Lançamento
minor clean upNotas de Lançamento
refined overall settings, added trigger signals as replacement to candle color based Renko and instead replaced candle color option based on 6H vwap zones Notas de Lançamento
image updateNotas de Lançamento
clean upNotas de Lançamento
i think a cool enhancement. Added a stop zone for the trigger feature. Notas de Lançamento
ok made some enhancement. apology if i remove something ancillary to main feature that you like. I am just refining as I go and removing or adding features based on my own viewNotas de Lançamento
small clean upScript de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.