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Date/Time: Sun, 19 May 2024 01:11:18 +0000

Post From: Flex Renko broken in recent builds

[2017-11-07 20:51:51] Link To Thread - Link To Post [Go To First Post]
gomifromparis - Posts: 244
We only convinced at this point, that there is no proper logic with Universal Renko bars in NT, and the previous Flex Renko bars. Of course there is a logic, you're just too obsessed by proving them wrong that you're not trying to understand it. Problem is that your specification is not clear at all. To form a reversal bar, price has to move two times the Bar Size. What does that mean ? To move starting from where? The Ninja indicator and the previous Flex Renko implementation use the virtual Renko open = previous bar close. So they measure everything starting from there. Once you get that, everything just makes sense. I attach a chart describing very clearly how it works. It is perfectly logic. At this point, go ahead and create your own bars. I had a look, it doesn't seem we can manipulate open/close/high/low can we ?


oldrenkoexceeded.png / V - Attached On 2017-11-07 20:50:36 UTC - Size: 48.65 KB - 377 views