TradingView Renko Price-Action Indicator

Job ID: 40257157

Budget: ₹600 – ₹1,500 INR

I need a custom Pine Script indicator that studies pure price action on a Renko chart and flags two specific situations I trade most often: breakouts and reversals. The logic should ignore time-based candles completely and work exclusively from the Renko bricks that TradingView generates.

Core behaviour
• Identify fresh breakouts as soon as price closes beyond the previous brick high/low and confirm momentum from the following brick.
• Detect reversals when a brick changes direction and the move meets a user-defined minimum size (brick count or percentage).

I’m flexible about how the signals appear—arrows, colour shifts, or text are all acceptable—so choose whichever is most reliable within Pine v5; just keep the chart clean and uncluttered.

Deliverables
- Well-commented Pine Script v5 file ready to add to a TradingView chart
- Input settings for brick size override, breakout confirmation, reversal threshold, and optional on/off toggles for each type of alert
- Built-in alert conditions for one-click TradingView alerts
- Brief note explaining the logic and any limitations

The script should run efficiently on both crypto and FX pairs without repainting. Once the code is working on my live charts I’ll release full payment.