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  • Diskussion (6)
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RenkoMaStoch

1

The indicator displays renko bars on a chart, uses them to plot the fast and slow moving average and Stochastic, as well as it provides buy/sell signals:

  • a buy signal is generated when the fast moving is above the slow one, and the signal line of Stochastic crosses the lower level from bottom up;
  • a sell signal is generated when the fast moving is below the slow one, and the signal line of Stochastic crosses the upper level from top to bottom;

Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency.

Buy and sell signals appear on the chart as corresponding arrows, as well as are displayed as a pop-up alert, in an e-mail and push notifications.


Parameters

  • RenkoBar - renko bar size (specified for 4-digit quotes, automatically re-calculated for 5- and 3-digit quotes);
  • CountBars - number of renko bars displayed on a chart;
  • bearColor - bearish bar color;
  • bullColor - bullish bar color;
  • hideBars - flag of hiding standard bars on a chart;
  • MaFastPeriod - the period of the fast moving average;
  • MaFastMethod - method of calculation of the fast moving average;
  • MaFastColor - the color of the fast moving average;
  • MaSlowPeriod - the period of the slow moving average;
  • MaSlowMethod - method of calculation of the slow moving average;
  • MaSlowColor - the color of the slow moving average;
  • StochK - Stochastic K period;
  • StochD - Stochastic D period;
  • StochSlow - Stochastic slowing;
  • StochUpLevel - the upper level of Stochastic;
  • StochDownLevel - the lower level of Stochastic;
  • StochMainColor - the color of the main line of Stochastic;
  • StochSignalColor - the color of the signal line of Stochastic;
  • BuyColor - the color of the Buy signal arrow;
  • SellColor - the color of the Sell signal arrow;
  • useAlert - enable notifications in a popup window;
  • useMail - enable email notifications;
  • useNotification - enable push notifications;
  • messageText - the text of the notification.
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The indicator displays Renko bars on the chart, uses their data to calculate and display the Bollinger Bands, MACD oscillator and generates buy/sell signals. Renko is a non-trivial price display method, in which a bar within a time interval is shown on the chart only if the price has moved a certain number of points. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. When attached to a chart, the indicator checks for presenc
The indicator displays Renko bars on the chart, plots a channel based on that data and generates buy/sell signals. Renko is a non-trivial price display method, in which a bar within a time interval is shown on the chart only if the price has moved a certain number of points. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. The channel is defined as the upper and lower boundaries of the price movement over the specified per
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hani
189
hani 2022.03.04 11:48 
 

It is a very bad sign And it does not give a signal to enter that it is not working well

Antwort auf eine Rezension
Version 1.3 2018.05.08
Added automatic scaling of the chart