While a fixed box size is common, Average True Range (ATR) is also used.ATR is a measure of volatility, and therefore it fluctuates over time. Renko charts based on ATR will use the fluctuating ATR value as the box size. Renko charts show a time axis, but the time intervals are not ...
TradingView / Investopedia How To Use the Supertrend Indicator The supertrend indicator isn't just for pinpointing entry and exit points. It can also be used to set upstop losses. For example, if you are in a long position, you can place a stop-loss order at or below the supertrend line...
Pine Script is the name of the programming language utilized byTradingView’s proprietary HTML5 charting software (which I highly recommend you try if you haven’t already —you’ll love it). It is acloud-basedlightweight scripting language which is not very complicated or sophisticated but stil...
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