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Post From: Outside bar on a Renko chart

[2023-07-06 00:27:43]
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Sawtooth - Posts: 4120
This is the basic formula. Tweak as needed:

=OR(
AND(ID0.SG23[-1]>ID0.SG22[-1],ID0.SG23>ID0.SG22,
MAX(H,ID0.SG23)-MIN(L,ID0.SG22)>TICKSIZE*30),
AND(ID0.SG23[-1]<ID0.SG22[-1],ID0.SG23<ID0.SG22,
MAX(H,ID0.SG22)-MIN(L,ID0.SG23)>TICKSIZE*30)
)

This finds Renko bars with a range > 30 ticks, ignoring the reversal bar.
Date Time Of Last Edit: 2023-07-06 00:28:17