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 gorachand #1 Posted : Thursday, March 15, 2018 6:28:50 AM(UTC) Rank: Advanced MemberGroups: Registered, Registered UsersJoined: 2/19/2012(UTC)Posts: 78Thanks: 1 times Hello, There is a good exploration formula for Renko charts available on this forum First you create an indicator "Bulli RenkBoxSize" Credit goes to Mr.Bulli VarI:=Cum(1); VarII:=((HHV(H,LastValue(VarI-PREV+PREV)) - LLV(L,LastValue(VarI-PREV+PREV))) / 25); VarII; Then you create a binary indicator using Mr.Henry's code K:= LastValue( Fml( "Bulli RenkBoxSize") ) ; RenkoLine:=If(Cum(1)=1,CLOSE, If(PREV>=0, If(CLOSEAbs(PREV)+2*K,-PREV+2*K, Floor(Max(Abs(PREV)-C,0)/K)*K+PREV))); RL:=Abs(RenkoLine); BW:=If(Cum(1)=1,0, If(RL>Ref(RL,-1),+1,If(RL=60 Can somebody help me by writing the total exploration formula? Thanking you in advance Regards, Dr.Chatterjee PS--- Here I am interested in bullish long positions onlyEdited by user Friday, March 16, 2018 6:10:25 PM(UTC)  | Reason: Not specified
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