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Analisi trend

Golden Cross 50/200Simplicity characterizes each of my trading systems and methods. On this occasion, I present a trend-following strategy with simple rules and high profitability. System Rules: -Long entries when the 50 EMA crosses above the 200 EMA. -Stop Loss (SL) placed at the low of 15 candles prior to the entry candle. -Take Profit (TP) triggered when the 50 EMA crosses below the 200 EMA. As with any trend-following system, we sacrifice win rate for profitability, and of course, we will focus on traditional markets with a consistent trend-following nature over time. Recommended Markets and Timeframes: BTCUSDT H6 August 17, 2017 - October 20, 2025 Total trades: 30 Profitability: +1,682.99% Win rate: 40% Outperforms Buy & Hold BTCUSDT H4 August 17, 2017 - October 20, 2025 Total trades: 42 Profitability: +12,213.49% (high and stable performance curve) Win rate: 40% Outperforms Buy & Hold BTCUSDT H2 August 17, 2017 - October 20, 2025 Total trades: 95 Profitability: +2,363.80% Win rate: 24.21% Matches Buy & Hold BTCUSDT H1 August 17, 2017 - October 20, 2025 Total trades: 203 Profitability: +1,045% (stable performance curve) Win rate: 25.62% BTCUSDT 30M August 17, 2017 - October 20, 2025 Total trades: 393 Profitability: +4,205.51% (high and stable performance curve) Win rate: 27.74% Outperforms Buy & Hold BTCUSDT 15M August 17, 2017 - October 20, 2025 Total trades: 821 Profitability: +1,311.97% Win rate: 23.14% Timeframes such as Daily, 12-hour, 8-hour, and even 5-minute charts are profitable with this system, so feel free to experiment. Other markets and timeframes to observe include: -XAUUSD (H1, H4, H6, H8, Daily) -SPX (Daily: +21,302% profitability since 1871 in 40 trades) -Tesla (H1, H2, H4, H6, especially M30 and M15) -Apple (M5, M15, M30, H1, H2, H4…) -Warner Bros (M5, M15, M30…) -GOOGL (M5, M15, M30, H1, H2, H4, H6…) -AMZN (M5, M15, M30, H2, H4, H6…) -META (M5, M15, M30, H1, H2, H4…) -NVDA (M5, M15, M30, H1, H2, H4…) This system not only generates significant profitability but also performs very well in traditional markets, even on lower timeframes like 5-minute charts. In many cases, the returns far exceed Buy & Hold. I hope this strategy is useful to you. Follow my Spanish-speaking profile if you want to see my market analyses, and send me your good vibes!
Strategia Pine Script®
di Especulador96
IPDA Lookback Ranges & Premium/DiscountVisualize institutional market structure with the IPDA Lookback Ranges & Premium/Discount Zone indicator. This tool maps out key time-based lookback ranges (20, 40, 60 trading days) and highlights the premium and discount zones, with the 0.5 midpoint acting as the equilibrium level. It helps identify potential liquidity targets, price imbalances, and areas where algorithmic market participants may operate. Automatically plots 20, 40, and 60-day lookback ranges. Highlights premium and discount zones relative to the high and the low price. Ideal for swing, intraday, and algorithm-aware trading strategies. Helps visualize potential PD array interactions and liquidity shifts.
Indicatore Pine Script®
di archiedurrant
Breakout Scanner [Europe] 🚀 Breakout Scanner - Situational Analysis Mastery Professional Breakout & Trend-Following Strategy Based on Tom Hougaard's Situational Analysis 🎯 WHAT IS THIS INDICATOR? A sophisticated multi-timeframe breakout scanner designed for European trading sessions, implementing the powerful "Situational Analysis" methodology from renowned trader Tom Hougaard. This professional tool identifies high-probability breakout opportunities with comprehensive filter systems to ensure quality signals. ⭐ KEY FEATURES 🏛️ SESSION-BASED TRADING - European Overnight Range - London Pre-Open & First Breakouts - Tokyo Box & London Launch Sessions - Smart Session Detection with Auto-DST 🎯 ENHANCED CONDITIONS - School Run Strategy (SRS) by Tom Hougaard - Anti-SRS Filter** for counter-trend opportunities - Session-specific logic for optimal entry timing 🛡️ ADVANCED FILTER SYSTEMS - Heiken Ashi Momentum Confirmation - EMA 200 Trend Filter - Ichimoku Baseline & Divergence - RSI Threshold Filter - ATR Volatility Filter - Multi-timeframe Compatibility ⚡ SMART ALERTS & VISUALS - Multi-timeframe Alert Confirmation - Breakout Size Detection (Beyond/Within Range) - Take Profit Levels with ATR Calculation - Customizable Visual Markers - Enhanced Alert Messages with Filter Status 📈 OPTIMIZED FOR - GERMAN DAX ⚡ - OIL & GOLD 🛢️ - NIKKEI 🇯🇵 - US30 & NASDAQ 🇺🇸 - All Major Indices & Commodities 🔧 CORE STRATEGY PHILOSOPHY This indicator embodies Tom Hougaard's Situational Analysis approach : - Identify the Situation : Market context through session analysis - Define the Action : Clear breakout levels and ranges - Execute with Precision : Filtered, high-quality signals - Manage the Trade : Built-in TP levels and size detection 🎨 CUSTOMIZATION OPTIONS Session Management - Toggle individual trading sessions - Smart session auto-disable with SRS/Anti-SRS - Customizable session times Filter Controls - Enable/disable all filter systems independently - Adjustable timeframe for each filter - Custom threshold settings Visual Preferences - Heiken Ashi overlay display - Breakout marker styles and colors - TP line customization - Debug information panel 📊 HOW TO USE 1. SETUP : Apply to your preferred instrument (DAX, Oil, Gold, etc.) 2. CONFIGURE : Enable your preferred sessions and filters 3. MONITOR : Watch for breakout markers during active sessions 4. EXECUTE : Enter on confirmed breakouts with filter alignment 5. MANAGE : Use built-in TP levels or your own risk management ⚠️ RISK DISCLAIMER This indicator is for educational and informational purposes only. Trading involves substantial risk and is not suitable for every investor. Always practice proper risk management and backtest strategies before live trading. Past performance is not indicative of future results. 🔒 TECHNICAL SPECIFICATIONS - Platform : TradingView Pine Script v6 - Compatibility : All timeframes - Markets : Forex, Indices, Commodities, Stocks - Updates : Regular improvements and bug fixes 📞 SUPPORT & UPDATES Regular updates based on user feedback and market changes. For suggestions or issues, please comment on the publication. ⭐ If this indicator helps your trading, please like and follow for more advanced tools! ⭐ Why Traders Love This Indicator: ✅ Comprehensive Filter System reduces false signals ✅ Session-Based Logic aligns with professional trading hours ✅ Multiple Timeframe Analysis for confirmation ✅ Customizable for Any Trading Style ✅ Professional-Grade Risk Management Tools Boost your breakout trading profitability with institutional-grade session analysis! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Indicatore Pine Script®
di MahdiSalari8
Constant Auto Trendlines (Extended Right)📈 Constant Auto Trendlines (Extended Right) This indicator automatically detects market structure by connecting swing highs and lows with permanent, forward-projecting trendlines. Unlike standard trendline tools that stop at the last pivot, this version extends each trendline infinitely into the future — helping traders visualize where price may react next. 🔍 How It Works The script identifies pivot highs and lows using user-defined left/right bar counts. When a new lower high or higher low appears, the indicator draws a line between the two pivots and extends it forward using extend.right. Each new confirmed trendline stays fixed, creating a historical map of structure that evolves naturally with market action. Optional filters: Min Slope – ignore nearly flat trendlines Show Latest Only – focus on the most relevant trendline Alerts – get notified when price crosses the most recent uptrend or downtrend line 🧩 Why It’s Useful This tool helps traders: Spot emerging trends early Identify dynamic support/resistance diagonals Avoid redrawing trendlines manually Backtest structure breaks historically ⚙️ Inputs Pivot Left / Right bars Min slope threshold Line color, width, and style Show only latest line toggle Alert options
Indicatore Pine Script®
di rrtaker86
Flip to GreenPurpose: This indicator applies a Lorentzian-distance–based machine-learning model to classify market conditions and highlight probable momentum shifts. Where traditional indicators react to price movement, this one uses statistical pattern recognition to predict when momentum is likely to flip direction — the classic “flip to green” signal. Concept: Financial markets don’t move linearly; they bend and distort around major catalysts (news, FOMC meetings, earnings, etc.) in a way similar to how gravity warps space-time. This indicator accounts for that distortion by measuring distance in Lorentzian space instead of the usual Euclidean space. In simple terms: it adapts to volatility “warping,” allowing the model to detect structural momentum changes that normal math misses. Core logic: Imports two custom libraries: MLExtensions for machine-learning utilities KernelFunctions for advanced distance calculations Computes relationships among multiple features (e.g., RSI, ADX, or other inputs). Uses Lorentzian geometry to weight how recent price-time behavior influences current classification. Outputs a visual “flip” cue when the probability of trend reversal exceeds threshold confidence. Why it matters: Most indicators measure what has already happened. Lorentzian Classification attempts to capture what’s about to happen by comparing the present market state to a trained historical distribution under warped “price-time” geometry. It’s particularly useful for spotting early accumulation or exhaustion zones before they become obvious on standard momentum tools. Recommended use: Run it as a background trend classifier or color overlay. Combine it with volume-based confirmation tools (e.g., Dollar Volume Ownership Gauge) and structural analysis. A “flip to green” suggests buyers are regaining control; a fade or flip to red implies control returning to sellers.
Indicatore Pine Script®
di Mando4_27
DayTrader Plug and Play Score Strategy HSBeen playing around with automating a strategy and to make something more flexible in updating indicators/ risk reward scenarios. I Trade on 5 min timeframe choosing stocks from a day trading scanner I use to evaluate premarket movement. This script take into account short term EMA crossovers, VWAP, RSI, Candlesticks, and previous day S/R lines to determine buy/sell points. It Mostly runs on a VWAP strategy and will only buy when price is above VWAP and only sell when price is below VWAP. But uses the other indicators as more confirmations. All of these indicators come together to form a score 1-8.5 and gives buy/sell signals based on the score. Strategy is as below: My Stock scanner gives me anywhere from 3-5 stocks per day to trade. (Not included) Strategy will only trade once per day per stock. Strategy closes positions after 2 hours in the market. Strategy closes all positions 5 min before end of day close. Trade size is set to 1% of the account size. The risk is 2% of that trade, reward is 4%. Score threshold for hitting the indicator threshold is set to 5.5 score ^^This is all editable in the script. After building and testing an rebuilding for a few months this has been my most profitable strategy in PAPER TRADING so I thought id share. I enjoy this kind of tinkering and scenario testing. Enjoy!
Strategia Pine Script®
di hjsaliski
Tradytics Levels with EMA CloudThis indicator has tradytics price chart levels where you can put in the input code seen below. The code has positive gamma (green lines), negative gamma (Red lines) and white dotted line are the darkpool levels. This is Amazon's 5 minute from Sep30th to October 20th Gammas and weekly Darkpool levels. Just copy and paste code below in the input code and the chart would show the levels. 212.8*1*neutral 220.07*1*neutral 216.038*1*neutral 215.57*1*neutral 219.988*1*neutral 217.401*1*neutral 217.351*1*neutral 212.815*1*neutral 212.75*1*neutral 212.4*1*neutral 215*0*negative 222.5*0*positive 217.5*0*positive 220*0*positive
Indicatore Pine Script®
di Mstr_Robobot
Directional Momentum VisualizerDescription This script provides a color-coded column visualization of a classic momentum oscillator that measures relative strength and weakness. Instead of a single line, it uses conditional coloring to make directional changes easier to identify at a glance. The tool is designed for clarity and adaptability, offering both column and line displays, with optional overbought, oversold, and midpoint guides. How It Works The script evaluates the oscillator’s value relative to a midpoint and its previous reading. Depending on whether it’s above or below the midpoint — and whether it’s rising or falling — each column changes color: Strong upward momentum (above midpoint and rising) → bright green Fading upward momentum (above midpoint but falling) → pale green Strong downward momentum (below midpoint and falling) → bright red Fading downward momentum (below midpoint but rising) → pale red Unchanged from the previous value → gray This structure makes momentum shifts instantly visible without relying on line crossings or alerts. Key Features Color-coded momentum columns for instant visual interpretation Adjustable midpoint, overbought, and oversold levels Optional line overlay for smoother reference Dynamic background highlighting in extreme zones Works on any symbol or timeframe Inputs Overview Length: Controls the sensitivity of the oscillator calculation. Source: Selects the price source (Close, HL2, etc.). Midpoint Level: Defines the central reference level separating bullish and bearish momentum. Show Line: Toggles visibility of the traditional line overlay. Overbought / Oversold Levels: Define upper and lower boundaries for potential exhaustion zones. How to Use Add the script to your chart from the Indicators tab. Adjust the midpoint and level settings to fit your preferred configuration. Observe how column colors shift to reflect strength or weakness in momentum. Use these transitions as visual context, not as trade signals. How it Helps This visual approach offers a clearer perspective on momentum dynamics by replacing the traditional single-line display with color-coded columns. The conditional coloring instantly reveals whether momentum is strengthening or weakening around a chosen midpoint, making trend shifts and fading pressure easier to interpret at a glance. It helps reduce visual noise and allows for quicker, more intuitive analysis of market behavior. This tool is intended purely as a visual aid to help identify changing momentum conditions at a glance. It is not a buy or sell signal generator and should be used in combination with other forms of analysis and sound risk management. ⚠️ Disclaimer: This script is provided for educational and informational purposes only. It is not financial advice and should not be considered a recommendation to buy, sell, or hold any financial instrument. Trading involves significant risk of loss and is not suitable for every investor. Users should perform their own due diligence and consult with a licensed financial advisor before making any trading decisions. The author does not guarantee any profits or results from using this script, and assumes no liability for any losses incurred. Use this script at your own risk.
Indicatore Pine Script®
di IndicatorEliteFlow
Triple EMA strategy by kingtraderthis strategy is purely based on moving everages, ema5, ema50 and ema200, avoid ranging market. in 1 mint your tp should 15-20pips, in 3mint tp should be 25pips, in 5mint tp should not above 50pips, in 15mints make tp 60 to 80 pips, in 30 mints tp 150 and 1h and h4 ur tp above 200pips, when target achieves have partial closing and keep ur trade breakeven. this indicator is for educational purpose only any loss by using this indicator, the author will not be responsible.
Indicatore Pine Script®
di epicreadshub
MechArt ATR Box 12 V1.1MechArt ATR Box 12 V1.1 — Auto ATR Edition Overview: The MechArt ATR Box 12 is a precision visualization tool for tracking ATR-based trade levels across multiple tickers. It automatically plots your +1 ATR roll zone, -2 ATR stop, and -3 ATR emergency exit, providing a clear visual map of your trade’s range and time horizon. Key Features: Auto ATR on Entry Date: For each configured ticker, the indicator automatically pulls the historical ATR(14) value that matches your entry date — no manual ATR entry needed. This refreshes each time the ticker is revisited. Smart Defaults for Other Tickers: If a ticker isn’t listed in the code, the indicator defaults to your current price as the entry, calculates ATR live, and sets expiration 21 days out, aligned to the next Friday. Multi-Ticker Setup (12 Slots): You can predefine up to 12 tickers inside the code, each with its own entry price, entry date and expiration date. Once saved, the indicator recognizes and loads them automatically when you open that chart. Customizable Appearance: Adjustable opacity and colors for each ATR box Line width, style, and transparency controls DTE/ATR label with adjustable font size Dynamic Labels: Displays the remaining days to expiration (DTE) and the ATR value used for calculations. Use Case: Designed for swing traders and options traders managing multiple active tickers. Each ATR box visually represents your trade window — from entry through expiration — with clear risk and roll boundaries. How It Works: Simply open the code once and enter your 12 tickers, each with its entry date and price. The script handles ATR lookups and expiration alignment automatically. Any ticker not included will generate its own default 21-day box.
Indicatore Pine Script®
di MechArt_
CQ_(0)_Essential Indicators [BITCOIN HOY]Essential indicators (BitcoinHoy) A Comprehensive TradingView Indicator for Crypto Traders and Analysts Introduction The Essential indicators (BitcoinHoy) is a versatile TradingView indicator designed to streamline and enrich the trading experience for cryptocurrency traders and analysts. Developed as a practical complement to popular Fibonacci-based range tools, this indicator brings together manual input capabilities and a curated suite of proven Pine Script tools, providing users with a robust, all-in-one solution for technical analysis. Complementary Indicators Essential indicators (BitcoinHoy) is specifically crafted to work alongside the Fibonacci IntraDay Range, Fibonacci IntraWeek Range, and Fibonacci IntraMonth Range tools. By integrating with these established indicators, it enhances multi-timeframe analysis, allowing traders to visualize and act upon key price levels within daily, weekly, and monthly contexts. This synergy helps users refine their strategies and better anticipate market movements. Manual Input Features A standout feature of Essential indicators (BitcoinHoy) is its support for manual input of both mid and long-term price targets. Users can easily enter their own key levels, including potential entries and target prices, directly on the chart. Additionally, the indicator enables the marking of specific entry events and target events, offering a clear historical and forward-looking view of trading plans and outcomes. This manual flexibility empowers traders to adapt their analysis to evolving market conditions and personal strategies. Integrated Indicators To further enhance its utility, Essential indicators (BitcoinHoy) integrates a selection of carefully chosen indicators authored by respected members of the Pine Script community. Each tool adds unique analytical power, covering various aspects of price action, trend identification, and market structure. Candles in a Row: Sequence Visualization Based on Zeiierman's popular "Candles in a Row," this feature counts and displays consecutive green (bullish) and red (bearish) candles on the chart. By visualizing these sequences, traders can quickly identify streaks of buying or selling pressure, spot potential exhaustion points, and time entries or exits more effectively. This clarity is especially valuable in volatile crypto markets, where momentum shifts can be rapid and impactful. Trend Range Detector: Range and Breakout Identification Also from Zeiierman, the "Trend Range Detector" module identifies and highlights price ranges, signaling periods of consolidation or equilibrium. When price action breaks out of these defined ranges, the indicator draws attention to these events, helping traders recognize emerging trends and potential trade opportunities. This detection capability supports both range-bound and breakout trading strategies. Fibonacci Retracement Neo: Key Level Progress Tracking Incorporating .srb's "Fibonacci Retracement Neo," Essential indicators (BitcoinHoy) displays a dynamic progress gauge, showing how far price has moved through significant Fibonacci retracement levels. The indicator also marks entry events at these key levels, providing actionable signals for traders who rely on Fibonacci-based strategies. This visual feedback aids in tracking price reactions at important support and resistance zones. ZigZag Trend Metrics Delta: Pivot Analysis Leveraging Fract's "ZigZag Trend Metrics Delta," this component identifies and annotates major price pivots, offering insight into the broader trend structure. By highlighting significant swing highs and lows, the indicator helps users spot trend reversals, continuation patterns, and optimal points for entry or exit. This information is crucial for analyzing market cycles and refining risk management. Conclusion Essential indicators (BitcoinHoy) provides a holistic and user-friendly solution for crypto traders and analysts seeking to enhance their technical analysis on TradingView. By combining the flexibility of manual input with a suite of trusted Pine Script indicators, it enables users to monitor price action, track key events, and respond proactively to market developments. Whether used alone or in conjunction with Fibonacci range tools, Essential indicators (BitcoinHoy) supports informed decision-making and improved trading outcomes
Indicatore Pine Script®
di CQuevedo345
CQ_(0)_Essential Indicators [BITCOIN HOY]Essential indicators (BitcoinHoy) A Comprehensive TradingView Indicator for Crypto Traders and Analysts Introduction The Essential indicators (BitcoinHoy) is a versatile TradingView indicator designed to streamline and enrich the trading experience for cryptocurrency traders and analysts. Developed as a practical complement to popular Fibonacci-based range tools, this indicator brings together manual input capabilities and a curated suite of proven Pine Script tools, providing users with a robust, all-in-one solution for technical analysis. Complementary Indicators Essential indicators (BitcoinHoy) is specifically crafted to work alongside the Fibonacci IntraDay Range, Fibonacci IntraWeek Range, and Fibonacci IntraMonth Range tools. By integrating with these established indicators, it enhances multi-timeframe analysis, allowing traders to visualize and act upon key price levels within daily, weekly, and monthly contexts. This synergy helps users refine their strategies and better anticipate market movements. Manual Input Features A standout feature of Essential indicators (BitcoinHoy) is its support for manual input of both mid and long-term price targets. Users can easily enter their own key levels, including potential entries and target prices, directly on the chart. Additionally, the indicator enables the marking of specific entry events and target events, offering a clear historical and forward-looking view of trading plans and outcomes. This manual flexibility empowers traders to adapt their analysis to evolving market conditions and personal strategies. Integrated Indicators To further enhance its utility, Essential indicators (BitcoinHoy) integrates a selection of carefully chosen indicators authored by respected members of the Pine Script community. Each tool adds unique analytical power, covering various aspects of price action, trend identification, and market structure. Candles in a Row: Sequence Visualization Based on Zeiierman's popular "Candles in a Row," this feature counts and displays consecutive green (bullish) and red (bearish) candles on the chart. By visualizing these sequences, traders can quickly identify streaks of buying or selling pressure, spot potential exhaustion points, and time entries or exits more effectively. This clarity is especially valuable in volatile crypto markets, where momentum shifts can be rapid and impactful. Trend Range Detector: Range and Breakout Identification Also from Zeiierman, the "Trend Range Detector" module identifies and highlights price ranges, signaling periods of consolidation or equilibrium. When price action breaks out of these defined ranges, the indicator draws attention to these events, helping traders recognize emerging trends and potential trade opportunities. This detection capability supports both range-bound and breakout trading strategies. Fibonacci Retracement Neo: Key Level Progress Tracking Incorporating .srb's "Fibonacci Retracement Neo," Essential indicators (BitcoinHoy) displays a dynamic progress gauge, showing how far price has moved through significant Fibonacci retracement levels. The indicator also marks entry events at these key levels, providing actionable signals for traders who rely on Fibonacci-based strategies. This visual feedback aids in tracking price reactions at important support and resistance zones. ZigZag Trend Metrics Delta: Pivot Analysis Leveraging Fract's "ZigZag Trend Metrics Delta," this component identifies and annotates major price pivots, offering insight into the broader trend structure. By highlighting significant swing highs and lows, the indicator helps users spot trend reversals, continuation patterns, and optimal points for entry or exit. This information is crucial for analyzing market cycles and refining risk management. Conclusion Essential indicators (BitcoinHoy) provides a holistic and user-friendly solution for crypto traders and analysts seeking to enhance their technical analysis on TradingView. By combining the flexibility of manual input with a suite of trusted Pine Script indicators, it enables users to monitor price action, track key events, and respond proactively to market developments. Whether used alone or in conjunction with Fibonacci range tools, Essential indicators (BitcoinHoy) supports informed decision-making and improved trading outcomes
Indicatore Pine Script®
di CQuevedo345
Realtime RenkoI've been working on real-time renko for a while as a coding challenge. The interesting problem here is building renko bricks that form based on incoming tick data rather than waiting for bar closes. Every tick that comes through gets processed immediately, and when price moves enough to complete a brick, that brick closes and a new one opens right then. It's just neat because you can run it and it updates as you'd expect with renko, forming bricks based purely on price movement happening in real time rather than waiting for arbitrary time intervals to pass. The three brick sizing methods give you flexibility in how you define "enough movement" to form a new brick. Traditional renko uses a fixed price range, so if you set it to 10 ticks, every brick represents exactly 10 ticks of movement. This works well for instruments with stable tick sizes and predictable volatility. ATR-based sizing calculates the average true range once at startup using a weighted average across all historical bars, then divides that by your brick value input. If you want bricks that are one full ATR in size, you'd use a brick value of 1. If you want half-ATR bricks, use 2. This inverted relationship exists because the calculation is ATR divided by your input, which lets you work with multiples and fractions intuitively. Percentage-based sizing makes each brick a fixed percentage move from the previous brick's close, which automatically scales with price level and works well for instruments that move proportionally rather than in absolute tick increments. The best part about this implementation is how it uses varip for state management. When you first load the indicator, there's no history at all. Everything starts fresh from the moment you add it to your chart because varip variables only exist in real-time. This means you're watching actual renko bricks form from real tick data as it arrives. The indicator builds its own internal history as it runs, storing up to 250 completed bricks in memory, but that history only exists for the current session. Refresh the page or reload the indicator and it starts over from scratch. The visual implementation uses boxes for brick bodies and lines for wicks, drawn at offset bar indices to create the appearance of a continuous renko chart in the indicator pane. Each brick occupies two bar index positions horizontally, which spaces them out and makes the chart readable. The current brick updates in real time as new ticks arrive, with its high, low, and close values adjusting continuously until it reaches the threshold to close and become finalized. Once a brick closes, it gets pushed into the history array and a new brick opens at the closing level of the previous one. What makes this especially useful for debugging and analysis are the hover tooltips on each brick. Clicking on any brick brings up information showing when it opened with millisecond precision, how long it took to form from open to close, its internal bar index within the renko sequence, and the brick size being used. That time delta measurement is particularly valuable because it reveals the pace of price movement. A brick that forms in five seconds indicates very different market conditions than one that takes three minutes, even though both bricks represent the same amount of price movement. You can spot acceleration and deceleration in trend development by watching how quickly consecutive bricks form. The pine logs that generate when bricks close serve as breadcrumbs back to the main chart. Every time a brick finalizes, the indicator writes a log entry with the same information shown in the tooltip. You can click that log entry and TradingView jumps your main chart to the exact timestamp when that brick closed. This lets you correlate renko brick formation with what was happening on the time-based chart, which is critical for understanding context. A brick that closed during a major news announcement or at a key support level tells a different story than one that closed during quiet drift, and the logs make it trivial to investigate those situations. The internal bar indexing system maintains a separate count from the chart's bar_index, giving each renko brick its own sequential number starting from when the indicator begins running. This makes it easy to reference specific bricks in your analysis or when discussing patterns with others. The internal index increments only when a brick closes, so it's a pure measure of how many bricks have formed regardless of how much chart time has passed. You can match these indices between the visual bricks and the log entries, which helps when you're trying to track down the details of a specific brick that caught your attention. Brick overshoot handling ensures that when price blows through the threshold level instead of just barely touching it, the brick closes at the threshold and the excess movement carries over to the next brick. This prevents gaps in the renko sequence and maintains the integrity of the brick sizing. If price shoots up through your bullish threshold and keeps going, the current brick closes at exactly the threshold level and the new brick opens there with the overshoot already baked into its initial high. Without this logic, you'd get renko bricks with irregular sizes whenever price moved aggressively, which would undermine the whole point of using fixed-range bricks. The timezone setting lets you adjust timestamps to your local time or whatever reference you prefer, which matters when you're analyzing logs or comparing brick formation times across different sessions. The time delta formatter converts raw milliseconds into human-readable strings showing days, hours, minutes, and seconds with fractional precision. This makes it immediately clear whether a brick took 12.3 seconds or 2 minutes and 15 seconds to form, without having to parse millisecond values mentally. This is the script version that will eventually be integrated into my real-time candles library. The library version had an issue with tooltips not displaying correctly, which this implementation fixes by using a different approach to label creation and positioning. Running it as a standalone indicator also gives you more control over the visual settings and makes it easier to experiment with different brick sizing methods without affecting other tools that might be using the library version. What this really demonstrates is that real-time indicators in Pine Script require thinking about state management and tick processing differently than historical indicators. Most indicator code assumes bars are immutable once closed, so you can reference `close ` and know that value will never change. Real-time renko throws that assumption out because the current brick is constantly mutating with every tick until it closes. Using varip for state variables and carefully tracking what belongs to finalized bricks versus the developing brick makes it possible to maintain consistency while still updating smoothly in real-time. The fact that there's no historical reconstruction and everything starts fresh when you load it is actually a feature, not a limitation, because you're seeing genuine real-time brick formation rather than some approximation of what might have happened in the past.
Indicatore Pine Script®
di The_Peaceful_Lizard