OPEN-SOURCE SCRIPT
Renko Size Table
Suggested Renko brick sizes at a glance, across four timeframes at once — no chart switching, no one indicator per interval.
Each row shows half of the timeframe's ATR (the common brick-size rule of thumb) in both price and ticks, over its own lookback in days. Two reads sit side by side:
- ATR / Half ATR / Ticks — the live, EMA-smoothed average true range. Reacts to the current session.
- Med ATR / Med Half ATR / Med Ticks — the median of each recent day's mean true range. It holds steady through an outlier session (one hot news day out of ten barely moves it), so it's the more stable pick on volatile instruments.
The suggested brick size is the Ticks (or Med Ticks) column.
Options: four timeframes with individual ATR-in-days lookbacks, an "ignore gaps" toggle to exclude the session-open gap, decimals, table position, text size, and colors.
Important: place it on a chart timeframe at or below the smallest row — a 1-minute chart for the 1/5/15/60 defaults. TradingView can only feed a higher-or-equal timeframe into each row; a row below the chart timeframe is flagged rather than shown wrong. Give it a couple of sessions to settle, since the ATR period is learned from how many bars each session holds.
Each row shows half of the timeframe's ATR (the common brick-size rule of thumb) in both price and ticks, over its own lookback in days. Two reads sit side by side:
- ATR / Half ATR / Ticks — the live, EMA-smoothed average true range. Reacts to the current session.
- Med ATR / Med Half ATR / Med Ticks — the median of each recent day's mean true range. It holds steady through an outlier session (one hot news day out of ten barely moves it), so it's the more stable pick on volatile instruments.
The suggested brick size is the Ticks (or Med Ticks) column.
Options: four timeframes with individual ATR-in-days lookbacks, an "ignore gaps" toggle to exclude the session-open gap, decimals, table position, text size, and colors.
Important: place it on a chart timeframe at or below the smallest row — a 1-minute chart for the 1/5/15/60 defaults. TradingView can only feed a higher-or-equal timeframe into each row; a row below the chart timeframe is flagged rather than shown wrong. Give it a couple of sessions to settle, since the ATR period is learned from how many bars each session holds.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.