Dr Devendra Free Indicator (2026): Free TradingView Script + Paid Upgrade
Verdict: Dr Devendra publishes exactly one free TradingView script — Enhanced Renko Channel with Emulation and SMA (51,000+ views, 4,000+ favorites, verified September 2026). It’s genuinely free to use with no invite needed, and a solid Renko-channel starting point. But it lacks the paid line-up’s adaptivity (no ATR regime switch, no ADX gate). Use it to learn Renko — upgrade when you want signals, not just channels.
Get the free script on TradingView
Disclosure: links to paid Upsurge plans below are affiliate links (invite VDETA06) earning us a commission at no extra cost to you. Read our Affiliate Disclosure.
The free script: what it does
- Renko channel: Gaussian-based midline with adjustable poles and sampling; true-range dynamic boundaries; colour-coded fills for trend reads.
- Renko emulation: emulated brick levels with adjustable sizes, plotted dynamically from price action.
- SMA overlay: configurable length/source with slope-based colour changes.
- Modes: reduced-lag and fast-response options for the channel.
Status: protected (closed-source) but free to use without limitations, per TradingView’s protected-script terms. Author: tradewithdrdevendra (7,300+ followers).
How to add it to your chart (2 minutes)
- Open any chart on TradingView (free account works).
- Click Indicators → Community Scripts and search Enhanced Renko Channel.
- Click the script by tradewithdrdevendra — it attaches to your chart instantly. No invite code, no payment.
- Tune brick size, channel sampling and SMA length from the settings cog.
Free vs paid: when to upgrade
| Free: Enhanced Renko Channel | AI Renko Supertrend (₹2,499/3mo) | Mahakaal (free 45-day plan) | |
|---|---|---|---|
| Cost | ₹0 forever | Paid (free month for Dhan holders) | Free 45 days, then paid |
| Signals | No — channel visualisation only | BUY/SELL signals + ADX gate | Renko intelligence on candles |
| Adaptivity | Manual settings | ATR regime auto-switch | Check live page |
| Best for | Learning Renko structure | Rule-based signal trading | Candle-chart loyalists |
Reviews: AI Renko Supertrend (tested) · Mahakaal — both via invite VDETA06.
FAQ
Is it really free?
Yes — the script is published as a protected but free-to-use script. No invite, no payment, no expiry mentioned. Verified on the live script page, September 2026.
Do I need paid TradingView?
No. Community scripts run on free TradingView accounts (within its indicator-count limits).
Why upgrade to paid then?
The free script draws channels; it doesn’t generate adaptive BUY/SELL signals or filter chop. Paid plans add ATR adaptivity, ADX gating and support.
Are there other free Dr Devendra scripts?
As of September 2026 his TradingView profile lists exactly one public script. Anything else claiming his name elsewhere should be treated with caution.
Start free, upgrade when ready
Add the free script · Go paid with AI Renko
Risk note: indicators don’t guarantee profits. Educational content, not investment advice.
