OPEN-SOURCE SCRIPT

TUE Renko Box/Time Tester

已更新
The TUE Renko Box/Time Tester is a technical indicator designed to quantify the frequency of consecutive duplicate timestamps within Renko charts on the TradingView platform. It serves the critical purpose of assessing the prevalence of identical timestamps, a crucial factor for the accurate automation of trading strategies.

The presence of duplicate timestamps can impede the reliability of automated trading systems. This indicator systematically examines Renko bars and identifies instances where successive bars share the same timestamp. The quantified data aids traders and developers in evaluating the quality and suitability of their Renko chart data for algorithmic trading purposes.

To ensure proper speed and precision in automation, traders are advised to run Renko charts on either 1-second or 5-second timeframes. Adjusting the box sizes of Renko charts based on these timeframes is essential.

The objective is to maintain the incidence of duplicate timestamps at levels below 20%, ensuring the robustness and consistency of automated trading strategies. By providing a quantitative analysis of timestamp duplication, this indicator supports traders in optimizing their trading systems for enhanced accuracy and efficiency.

The script will automatically collate only the last two days' worth of data, in order to maintain timestamp integrity. You should be able to view individual seconds on your timestamps, and if they're all reading :00 at the end, then you have ran out of seconds-level data. This is only done with a Premium or higher subscription.
版本注释
A couple variables didn't match proper casing convention, also rounded % result.
Pine utilities

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

想在图表上使用此脚本?


Indicators and algorithms at tradersultimateedge.com

Trade automatically from TradingView with an algo at gettradeconnect.com
更多:

免责声明