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Date/Time: Sun, 05 May 2024 14:54:31 +0000



Post From: Color background on a flex renko inverse set with wick reversal bar

[2019-03-25 02:09:58]
Sawtooth - Posts: 3993
Try this:
=AND(
ID0.SG23[-7]<ID0.SG22[-7],
ID0.SG23[-6]<ID0.SG22[-6],
ID0.SG23[-5]<ID0.SG22[-5],
ID0.SG23[-4]<ID0.SG22[-4],
ID0.SG23[-3]>ID0.SG22[-3],
ID0.SG23[-2]>ID0.SG22[-2],
ID0.SG23[-1]>ID0.SG22[-1],
ID0.SG23[0]>ID0.SG22[0]
)

This will color the 4th green bar after the 4th red bar, ignoring wicks.
For the opposite direction, reverse the comparison operators.

There is no formula that will consistently isolate a wickless renko bar.
There is a separate identifier for renko Open and Close, but none for renko High and Low.
Study/Chart Alerts And Scanning: Available Main Price Graph Identifiers/Variables