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Date/Time: Sat, 18 May 2024 03:52:44 +0000



Post From: Enhanced Renko Charts based ON Renkos

[2015-10-01 13:31:45]
User845555 - Posts: 43
Hi,

I understand what Renko charts are and how they set up.

What I'm not quite getting is what happens when you have standard Renkos in Chart Settings set to say 4 ticks and then add enhanced Renkos to them, also with 4 tick size.

So far so good.

But if you then change the underlying Renko tick size to say 10, and leave the enhanced Renkos at 4, the chart display changes and becomes slower. (Like eg the difference between a 1 min and 5 min chart).

The Renko chart slows down even though the brick size is still the 4 of the enhanced Renkos, and not the 10 of the underlying basic Renko.

Might be having a blonde moment here but I don't quite get that.

My understanding of the enhanced Renkos from the documentation is that they add high and low values to the Renko brick, but where does increasing the Renko size of the underlying affect the slowing down of the chart with enhanced Renkos added ?

Thank you very much in advance !!!

:-)