This is the accompanying script that shows how many renko bricks were produced in each direction per candle. It gives a basic indication of volatility, some might find it useful.
Happy trading
Hancock
Notas de prensa
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Updated renko brick production to include fixed renko brick size as a percentage of close value.
Wow I was thinking about and looking for something like this for a while. What better tool than Renko bricks to find a ranging market. This really helps for staying out of ranges.