CryptoRox

Renko Candles

This is a script to place Renko candles on your chart alongside another candle type or more importantly, using the variables from this script, you can build a strategy using Renko candles that will depict true/proper entries and exits in a strategy when using the backtest feature.

We hope this helps!
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.

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Comments

I'm trying to use this and it won't work :/ please help
+13 Reply
its always one renko candle to late
+5 Reply
Thanks a lot, this is extremely helpful!
Nice workaround for this problem https://getsatisfaction.com/tradingview/topics/backtesting-strategy-renko
+3 Reply
The renko box default value of 1...what does this represent? Is it ticks?
+2 Reply
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