Support Board
Date/Time: Thu, 16 Jan 2025 13:18:38 +0000
Renko bar not working in version 1630
View Count: 2211
| [2017-10-28 10:53:16] |
| User85195 - Posts: 60 |
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I've just updated to version 1630, and found out that the Renko bars are completely messed up. I have attached two pictures of the same chart from both 1621 and 1630, I believe the difference is rather unmistakable.
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 old renko_LI.jpg / V - Attached On 2017-10-28 10:49:08 UTC - Size: 337.56 KB - 290 views new renko_LI.jpg / V - Attached On 2017-10-28 10:49:20 UTC - Size: 341.3 KB - 399 views |
| [2017-10-28 11:00:40] |
| User85195 - Posts: 60 |
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both charts are from exactly the same trading session, and with the same settings: bar period type: for version 1621 - Renko Bar (in ticks) - 3 - fill session gap not selected for version 1630 - Renko Bar (in ticks) - 3 - none Graph Draw Type - Renko bar with wicks |
| [2017-10-29 09:21:09] |
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This is what we see on version 1630: http://www.sierrachart.com/image.php?Image=1509265917566.png This is using Aligned Renko and the Fill All Bar Gaps option. There is no automatic gap filling unless you enable that option. Refer to: Renko Bar Charts: Filling of Price Gaps with Renko Bars Also there was another user who posted some nonsense in this thread and the post was deleted because it had no merit and lacked any specific details. Its only intent was to be critical without basis. Posts that fit into that category will be deleted! Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2017-10-29 11:23:28
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| [2017-10-29 11:21:14] |
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Here is the documentation about the filling of gaps in Renko Charts: Renko Bar Charts: Filling of Price Gaps with Renko Bars Also it appears that the real problem is that there is missing data in the chart data file for that symbol: https://www.sierrachart.com/Download.php?Folder=SupportBoard&download=14026 Follow the instructions here: Historical Intraday Data (Missing Data / Download Errors / Viewing More Data): Retrying the Download When There is Data in the Chart Or the Intraday Data Storage Time Unit is not set to 1 second or 1 Tick: Tick by Tick Data Configuration So as you can see, this claim is completely false: I've just updated to version 1630, and found out that the Renko bars are completely messed up.
Before you make such a claim, look at the underlying data and use common sense. I believe the difference is rather unmistakable. No, not at all. It should be obvious there is missing data. Also, you are just too used to the manipulations being done with Renko bars and accustomed to the nonsense. By default, the changes to Renko bars are going to represent the actual price activity as best as possible without gap filling or fake alignments.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2017-10-29 11:53:39
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| [2017-10-30 17:02:48] |
| User68474 - Posts: 201 |
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Renko Bars ARE, by the very default concept at inception by the Japanese, designed to "manipulate" price action. Traders who use Renko should understand that before using them and the programmers of softwear should also understand that. A trader can set "limits" or parameters of box size and reversal size (as well as using high-low, close or even ATR by some other platforms) but the quest for "exactness" should be left to all the other chart types with all the "bells and whistles" that are alternatively available. Why not at least return the option of the previous, traditional logic used in earlier Versions? I think that would satisfy many loyal, but now irritated, "bullied", intimidated and "shamed"(to the point of being offended) subscribers who are merely trying to understand what the heck has happened.
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| [2017-10-30 17:29:31] |
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What is the purpose of post #5? What is the problem that you are currently having? You are not even telling us. The issue you raised related to the true open and close values sometimes being inconsistent to the Renko open and close has been resolved and released. And the underlying reason for it was explained and we doubt very much it was what you were thinking. So do you see the problem here? You make a posting which tells us absolutely nothing. We have thoroughly answered the prior user and our answer should be abundantly clear. There is one other minor Renko item we are looking into, but this is a very minor insignificant issue. Also the manipulations we referred to in this thread had to do with the alignment of the first open to a price level which did not actually occur, and also by default filling in gaps. Both of these are still supported, but do not occur by default. Why not at least return the option of the previous, traditional logic used in earlier Versions? This was not properly implemented and consistent with how chart bars are implemented in Sierra Chart and it had issues which were raised by numerous other users in relation to Numbers Bars and needed to be resolved. Also Universal Renko bars now use a common code base as standard Renko bars and have a much more thorough and proper implementation than previously.So in the end, it is pointless to post something unless you can properly express an issue clearly and simply. This was the original problem we worked to solve as well as making the Renko bars code base properly implemented: 1X0 and 0X1 prints generated by Numbers Bars on Renko Charts Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2017-10-31 01:02:55
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| [2017-10-31 00:17:31] |
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In response to post #5, start a new Support Request about this. The problem is, you are jumping into existing user threads. That is a mistake because you are raising a different issue and you only cause confusion, not only for us, but for other users, and you perpetuate a claim that there is a problem related to the original post when there is not or the issue has already been resolved by us. What you are describing is simply totally different. There is no one who has raised the issue that you have because no one is putting reliance on those values in the same way at least not to our knowledge. We understand the issue you are referring to (true open and close do not match up with Renko open and close). We did make a change to resolve it. It was not meant to directly resolve it, but we thought it would take care of it since what you were seeing was a side effect of how Renko reversals are managed. But we still see what you are referring to. Although we would expect a lot less. The problem is, unfortunately you have put reliance on the true open and close values which apparently were not being set correctly to begin with with the old Renko bars. Start a thread about this so we can have a proper discussion. Update: When you are jumping into another users thread which is unrelated, we will promptly close down the discussion. We know how users get confused easily and can take another post, to make something out of it that is completely unrelated. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2017-10-31 00:48:30
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| [2017-11-01 02:52:33] |
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The issue you raised related to the true open and close values sometimes being inconsistent to the Renko open and close has been resolved and released.
In regards to this, in the next release of Sierra Chart, coming out this evening, Simple Alerts will use the Renko Open for "O" and the Renko Close for "C" in Alert Formulas when the Bar Period Type in the chart is one of the Renko types.This is a definitive solution to the problem and allows a formula to work equally properly no matter what the underlying bar period type is. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2017-11-01 02:59:25
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| [2017-11-01 03:56:46] |
| User68474 - Posts: 201 |
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Your continued efforts to rectify (to the extent that it is ever possible to please everyone)many of the Renko Bar problems is both commendable and much appreciated. I will wait until I have downloaded the new release, but I believe I still have a few unanswered questions. If I need to have them addressed, I will start a new thread at that time, as you suggested above.
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| [2017-11-01 06:43:01] |
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You certainly and everyone can rely, on the Renko bars working as they are intended to be. That is not something we are going to give up on. The problem is there has been just some confusion about some of the details, users were making comparisons to the prior bars where in some cases the prior bars were wrong, and there were a few fine details which needed to be understood and resolved by us. Now, there is a completely unified way in which gaps are managed across chart bar types. At this point in time we are not aware of any outstanding issues. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2017-11-01 06:43:35
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| [2017-11-01 16:35:02] |
| ganz - Posts: 1048 |
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SC Support v1632 Looks like mr. Flex Renko feels ill :) |
| [2017-11-01 16:47:15] |
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We are aware of a problem with the Flex Renko bars in the latest version and we will resolve it today.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2017-11-01 18:18:31] |
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When we went to test this, we did not see any problems with Flex Renko Bars but someone did show a chart image earlier today, which seemed to indicate this. Update to version 1633. We may have indirectly resolved the problem. If not, start a new Support Request about this. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2017-11-01 18:18:53
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