Jesse.Lau

RenkoLevel %R High-Low alert

This script is adding Renko idea to %R

I trade forex so the right side is displayed by Currency pips. Feel free to change it.

The chart is not repainted.

Default:
- 120-hour bar chart (one week)
- 20% of HL(highest - lowest) price changes will affect renko color change

Release Notes: - fix the bug
- add the alert for adding position
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
本是疏散人,偶做名利客。
坐看庭前云卷舒,定心观天阔。
大志为逍遥,勿论对与错。
待到乾坤遍历时,笑对丘山卧。
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