Support Board
Date/Time: Sun, 16 Mar 2025 08:05:53 +0000
Post From: Range + aligned renko bar type?
| [2022-06-22 23:23:35] |
| jb2294 - Posts: 14 |
|
Hello John, I believe my explanation was not detailed enough to convey what I am seeking for. I am seeking for a type of an aligned bar that is drawn strictly between defined price increments. For example, if that increment is set to 8 ticks on a .25 chart tick size, bars would be drawn from 1000~1002, 1002~1004, 1004~1006, 1006~1008, 1008~1010, 1010~1012, etc. Range bar does not does this. Rather, it draws bars only when the price moves x amount of ticks up and down. I'll continue with an example. If a price moves from 1000 to 1003 and then back down to 999, a range bar with the tick size set to 8 will draw three bars: 1000(open or o)~1002(close or c), 1002(o)~1001(c)(high at 1003), 1001(o)~999(c). With the price increment set to 8 ticks, what I am looking for would draw 4 bars: 1000(o)~1002(c), 1002(o)~1002(c)(high at 1003), 1002(o)~1000(c), 1000(o)~999(c). Notice how the bars are drawn strictly in 8 tick increment without overlapping areas. It is aligned to the 2.0 boundaries, just like an aligned renko bar. Please let me know if such feature exists. |