Renko Screener
Use this playbook to identify stocks whose Renko structure has already cleared the last important noise-filtered peak.
Overview
How to use Renko Screener
Begin with breakout day and brick count
Fresh breakouts deserve attention, but names with several green bricks and still controlled extension can also be strong trend continuations.
Use the sparkline to avoid late-stage entries
If the recent move is too vertical even on the sparkline, let the chart prove it can pause and reset.
Rank by sector quality next
A Renko breakout inside a strong sector usually has better odds than an isolated breakout in a weak industry group.
Open the popup chart for final structure review
Confirm that the last peak break is clean, the Renko trend is orderly, and price is not too far from the moving trend overlay.
Starter parameter guide
These are the main inputs you can tune on the page and the range to begin with when you want a clean first pass.
| Parameter | What it does | Good range to start |
|---|---|---|
| Market | Choose the exchange universe you want to scan first. | Run India and US separately. |
| Momentum Period | Controls how much recent price history is used to build the Renko structure. | Start around 90 to 180 days. |
| Brick Size % | Changes how sensitive the Renko chart is to price movement. | Start around 1.0% to 2.0%. |
| Number of Stocks | Controls how many names are scanned from the selected market. | Start with 50 to 150 names. |
Common mistakes to avoid
Best way to use this playbook
Use the page to narrow the market quickly, then promote only the strongest chart-plus-context setups into your active watchlist or research queue.