Renko Brick Change Screener

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  • 10/03/2016 at 10:32 PM #14175 quote
    Johnny
    Participant
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    Hello,

    i hope someone can help me.

    I tried to build an Renko Brick Change Screener. It would help me to filter a lot of Charts where nothing happens over a day.

    I am working with EOD-Data. So only daily timeframe is necessary. For the Box-Site in the Charts i use the Percent-Function (5% in my case).  I have problems do define the brick with the different color before.

    For example: the last brick is red and my %Percent Brick-Size is 5%. So that after red brick a new green brick are drawn the Stock/Currancy have to grow over 10% or more.  This can be happen over a day,weeks or more. And i dont know how to build that code.

    And i only want see when this happens: From red -> green brick or green -> red brick. Not like when after a green brick comes another green brick.

     

    Thanks for your help 🙂

    10/04/2016 at 6:51 AM #14184 quote
    Nicolas
    Keymaster
    Master

    You can find some renko bricks code examples in the Library:

    http://www.prorealcode.com/prorealtime-indicators/renko-boxes-on-price-chart/

    http://www.prorealcode.com/prorealtime-indicators/renko-bricks-on-chart/

    http://www.prorealcode.com/prorealtime-indicators/median-renko-boxes-on-price/

    With these codes, you could probably detect if a new up or down is done. The code listed above construct renko boxes only with points, not percentage, so you’ll need to adapt them for that purpose.

    10/04/2016 at 9:12 AM #14198 quote
    Johnny
    Participant
    Average

    ok, thanks 🙂

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Renko Brick Change Screener


ProScreener: Market Scanners & Detection

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Johnny @johnny Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by Johnny
9 years, 5 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 10/03/2016
Status: Active
Attachments: No files
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