Title: ATR-Based Dynamic Renko Bricks

Idea:
Add an option for Renko charts where brick size is automatically calculated from the ATR of recent candles, similar to TradingView. For example, on a 1-minute chart, if the ATR of the last 10 candles is 21, the Renko brick size would automatically be set to 21.

Benefits:

  • Adapts Renko bricks to current market volatility.

  • Reduces manual adjustments.

  • Useful for scalping and trend-following strategies.

Optional Enhancements:

  • Let users select ATR timeframe and number of candles.

  • Allow an ATR multiplier to fine-tune brick size.

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Upvoters
Status

In review

Board

💡 Feature Request

Date

6 months ago

Author

Khan

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