Description
Renko Tails or also known as Renko Wicks will add high and low prices achieved in each Renko bar, just like any other periodicity, and thus provide you with some important additional information regarding how price moved during the formation of that Renko bar.
It’s very easy to use, just attach the indicator on the Renko chart. Colors inherit from chart settings so no need for any configuration. Additionally, the indicator exposes high and low prices so it can be referenced in other indicators on the chart.
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/* -------------------------------------------------------------------------------
*
* [PoshTrader] Renko Tails
*
* Copyright (C) 2020, PoshTrader Ltd (https://poshtrader.com)
* PoshTrader reserves the right to modify or overwrite this algo with each release.
*
* https://poshtrader.com/items/ctrader/3749/
*
* -------------------------------------------------------------------------------
*/
using cAlgo.API;
using PoshTrader.Licensing;
namespace cAlgo
{
[Item(3749, "Renko Tails", Author = "PoshTrader")]
[Indicator(IsOverlay = true, AccessRights = AccessRights.FullAccess)]
public class RenkoTails : Indicator
{
protected override void Initialize()
{
new ItemLicense(this);
}
public override void Calculate(int index) { }
}
}
Jiri
Joined on 31.08.2015
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: [PoshTrader] Renko Tails.algo
- Rating: 5
- Installs: 18622
- Modified: 13/10/2021 09:55
Comments
Olá, meu amigo! antes de tudo gostaria de agradecê-lo pelo indicador que é otimo para
quem opera Renko, mas o indicador está travando muito. há alguma previsão para uma nova atualização?
Hello. Friend, congratulations on the tool. Very useful for those who operate with Renko. However, at the time of installation you ask for "unlimited access". Please, do you have a version that does not require this type of access? Thanks.
The Renko Tailes themselves are pretty great and very useful for trading. But for some reason they eat up extreme portions of RAM. It's about 1.5 GB additional memory usage if I put them on all my 3 charts. And if I need to load some older data to check previous movements it goes over 2 GB.
indicator not working, someone knows why?