vacalo69

Renko MAGIC Alert

- WHAT: This creates an alert that will trigger JUST AFTER 1 Renko bar changed direction. This way you can capture direction swings. BLUE spike is long. RED spike is short.
- PLAY AROUND WITH: Renko brick size & TradingView Timeframe (for timeframe less than 1 day you d need to pay for the TV Pro subscription. Its ok, support them, they are good people with families and dogs and stuff they dont really need but bought anyway) to see what works best for you.

- WHY: Happy to share this simple and effective code/alert to increase community interaction amongst traders & make it rain.
- CONNECT: Feel free to send me private message if you d like to work together/share knowledge. Please no nudity - you sit on the computer all day eating ramen, who wants to see your physique?!
- CREDITS: Credit to @CryptoJoncis for reusing some of his Nasa-Toyota-efficient code. And to my mom & dad;)
- GIVE MORE: I can share a strategy on this. Password is 'please'

- HOW TO CREATE ALERTS IN TV (please dont message me for non TV systems like MT4): right click on indicator -> add alert -> renko magic alert -> sell -> greater than -> 0.9. Do the same for 'buy'. Remember that when you make an alert it will remember/save the timeframe, instrument and renko brick size that you used at the moment of creation of the alert so it wont work correctly if you change any of these 3 parameters)

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Hi, tested your strategy and alert in Autoview for 1 night (11May2019-18.00 to 12May2019-11.30) in real Bitmex market (T30-traditional3) and lost 3/4 of portofolio.
The problem is that the time of alerts does not match that of backtesting (for ex-in backtest entry long 17.30- exit long 19.30, alert trigger entry long 18.00- exit long 20.00) and so on.
What do you think is the problem ???
Responder
Hello, Is it possible to make an alert when a traditional renko brick crosses an ema and closes on the other side of it? that would be amazing!
Responder
Hello, Thank you for creating this. I think Trading view has changed the plans and alerts are no longer available for Renko charts on Pro only plans.
Or I have no idea how to set alerts on renko after getting the error messages from TV .

Is there another way ?
+4 Responder
buysil buysil
@buysil, Always find the solution after I post...
Here - Must be on Traditional ...
If trading XBT ensure to have the correct xbtusd index market.
Otherwise CHEERS
Thanks you ..
Now to figure out how to link TV to Bitmex
Responder
@buysil, good. try autoview or profitview
Responder
Hello, I have the same problem than dcrain328, I can't add an Alert with the renko bar selected it's written this :
" Alert cannot be set on an ATR-based chart"
And if we come back to standards candle and use the script, we trigger every reversal candle so nothing about renko.
Anyone know how to use it ?
Responder
vacalo69 freelancer23
@freelancer23, use traditional not atr
Responder
Anyone care to share thier Autoview alert script? Mine is

RENKO MAGIC LONG
|e=bitmex-testnet s=xbtusd c=position t=market
|e=bitmex-testnet s=xbtusd b=long l=10 q=95% t=market

Market closes all shorts then longs with 95% of balance. Swap long for short to get the short version.

BR
Responder
Hi there, please can you share your strategy? Been playing around on Bitmex testnet and looks promising so far on backtest. 1min traditional 30 per brick :-)
Responder
Tradingview won't let me add an alert to Renko bars anymore..anyway around this?
Responder
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