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Apex Edge™ - Renko Sweep Tracker

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📊 Apex Edge™ - Renko Sweep Tracker
A complete, trend-filtered reversal system built specifically for the Daily Renko chart on TradingView.

🧱 What Are Renko Charts?
Renko charts are a powerful alternative to candlesticks — they focus only on price movement, filtering out time-based noise.
Each “brick” represents a fixed amount of price movement (like 0.02 or 2.5), so charts form based on price action, not time.

This makes it incredibly effective for:

Spotting real reversals
Tracking momentum
Avoiding fakeouts during choppy markets

Renko charts = pure price logic.

💡 What This Indicator Does:
The Renko Sweep Tracker is designed to track 2-brick reversals in line with the trend and highlights optimal entry points using a visual Hull Moving Average (HMA) and smart exit logic.

It’s a fully self-contained entry/exit system:

✅ Entry arrows for reversal detection
✅ HMA trend ribbon to stay with momentum
✅ Optional structure breakout filter
✅ Trend-colored background
✅ Optional trade lines and exit markers
✅ One-trade-at-a-time logic to keep things clean

🆓 Works With Free TradingView Account
This script is built specifically for TradingView's Free Renko chart, using ATR-based bricks.
Simply set your chart to:

Chart Type: Renko
Timeframe: 1D (Daily)
Style: ATR 14 (Default setting)
No premium subscription needed.

🧠 How To Use It
Open any symbol (works great on Forex, crypto, indices)

Switch to Renko [ATR] chart
Set timeframe to 1D
Load this indicator

Watch for:

Green triangle = Buy signal
Red triangle = Sell signal
“X” = Exit

Optional: Use the trend ribbon and background to filter trades

Customize all settings under the gear icon:

Trend filters
Exit after X bricks
Show/hide trade visuals
Structure breakout logic

⚙️ Best Used For:
Trend-following Renko traders
Swing entries based on momentum reversals
Clean chart traders who hate noise
Anyone wanting a powerful tool that doesn’t require premium



⚠️ Disclaimer:
This script is not financial advice. Use in demo or forward-test environments before applying to live markets.
Results may vary based on instrument, market conditions, and settings.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.