Support Board
Date/Time: Fri, 17 Jan 2025 15:02:37 +0000
Post From: Aligned Renko [New Trend Bar] selection not working current ver
| [2017-11-23 15:30:37] |
| User52897 - Posts: 47 |
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Thanks for response and time. It is very much appreciated. To clarify - the reference was to a locked file so the code is not available. I thought the source Renko rang shape/form would be illustrative and explanatory. 0. Assuming a Renko range of 10 then every increment or decrement of price by 10 marks a price rail and a new bar range is rail to rail. Below bar are assumed no wicks. 1. Bar 1: Price falls - a new bar prints with range 350 to 360. 2. Bar 2: Price falls to 340 without touching 360 - a new bar prints with range 340 to 350. 3. Bar 3: Price rises to 350 without touching 330 - a new bar prints with range 340 to 350. 4. Bar 4: Price falls to 340 without touching 360 - a new bar prints with range 340 to 350. 4. Bar 5: Price falls to 330 without touching 350 - a new bar prints with range 330 to 340. 5. Bar 6: Price rises to 340 without touching 320 - a new bar prints with range 330 to 340. 6. bar 7: Price rises to 350 without touching 330 - a new bar prints with range 340 to 350. 7. From the above it can be determined that every reversal has a minimum of two or more bars of the same price range - please see attachment Rail to Rail - 2 and SC - 2. Summary of above: Bar 1 is formed between price rails 350 and 360. Bars 2,3 & 4 are formed between price rails 340 and 350. Bars 5 & 6 are formed between price rails 330 and 340. (minimum 2 or more more bars reversal) Bar 7 is formed between price rails 340 and 350. If the above is not perfectly clear may be better to move on and refer me to programmer for a quote if the above can be implemented via custom study. Comment: May be of interest - attachment Better Renko illustrates a slight difference to the above - offered by an established charting package. Date Time Of Last Edit: 2017-11-24 01:28:30
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 Rail to Rail - 2.PNG / V - Attached On 2017-11-23 15:40:34 UTC - Size: 51.77 KB - 467 views SC - 2.png / V - Attached On 2017-11-23 15:55:01 UTC - Size: 87.45 KB - 466 views Better Renko.PNG / V - Attached On 2017-11-23 16:24:32 UTC - Size: 61.98 KB - 639 views |