OPEN-SOURCE SCRIPT
[RS]Renko ZigZag V0
Updated
Renko based zigzag:
- mode: can be Traditional or ATR.
- modeValue: can be whole number if you use ATR mode, or floating point number in case of Traditional mode.
- showOverlay: displays basis Renko overlay.
Release Notes
Update to version 3 - fixes some code that stopped workingRelease Notes
update to V4, added optional resolution to read atr range from a different timeframe.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 publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.