Dr Devendra's Smart Renko Engine - Commodity Edition
Trade Commodities with Institutional Precision


It is an adaptive trend-following indicator that combines Renko-style price construction with an ATR-based SuperTrend engine to identify bullish and bearish trend changes. The indicator monitors the relationship between fast and slow ATR values to determine the current volatility regime. It then adjusts the Renko brick size and SuperTrend factor accordingly.
Automatically adjusts the synthetic Renko brick size according to market volatility.
Enable the Choppy Filter to require ADX to be above the selected threshold before allowing signals.
The SuperTrend line changes colour based on the current trend direction, making bullish and bearish market phases easy to identify.
A visual cloud between price and the SuperTrend line helps traders quickly identify the prevailing trend regime.