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Date/Time: Tue, 17 Jun 2025 03:01:50 +0000

Post From: changing a time based to renko chart

[2025-04-20 07:55:47] Link To Thread - Link To Post [Go To First Post]
User61168 - Posts: 442
not sure about the variable size blocks but googling "volatility adjusted Renko Trading View" returns "in TradingView, you can adjust Renko charts for volatility by utilizing the Average True Range (ATR) setting. This method dynamically adjusts the Renko brick size based on the instrument's recent volatility, offering a more responsive view of price action" and this link https://www.tradingview.com/support/solutions/43000502284-renko-charts/ mentions the ATR based calculation method... Average True Range (ATR) — Uses the values generated by the Average True Range (ATR) indicator. The ATR is used to filter out the normal noise or volatility of a financial instrument. The ATR method automatically determines a good brick size. It calculates what the ATR value would be in a regular candlestick chart and then makes this value the brick size. p.s. I have never used Trading View. Date Time Of Last Edit: 2025-04-20 07:56:31