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This strategy is part of a series of indicators that attempt to extract price data from a time series to generate renko bricks. The strategy and companion indicators operate "as if" they were rendered on a true price/tick based renko chart (within limitations). All strategies and indicators are intended to operate on the Trading View platform as they are written in Pinescript version 4.0.

Features

  • Live entry direction with trade warnings and alerts

  • Live trade building buy and sell limits (for buy/sell limits) 

  • Entry location icons as well as pyramid entries (to add to existing position) 

  • Swing trades that keep you in the trade for the maximum possible profit 

  • 1 dynamic scalp target based on the RSI settings and entry location 

  • Dynamic trailing stop for swings and scalps 

  • Alert conditions for every update and condition change of the strategy (Provided by the indicator study)

  • 4 pre-built color themes, including candlestick coloring 

This strategy is great. . . It's flexible, and you can get very objective profits based on the retracement you choose. This is the best strategy I have seen.

Chen Gong

Easily one of the most impressive TV indicators i have used. Cameron (mortdiggiddy) has always put out quality tools. Like all of his other scripts 0 repaint and profitability / profit factor is as real as it gets, no BS 500 profit factors here. Great work and highly recommended.

Mitch Williams

In continuous use, I found that the script does not cause redrawing, and the winning rate and profitability are real and reliable. This is definitely a unique initiative in the Trading View community, and I must praise it without hesitation.

Feng Wong

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