Login Page - Create Account

Support Board


Date/Time: Thu, 16 May 2024 00:00:23 +0000



Renko Price Bars Not Accurately Displayed

View Count: 1854

[2017-10-23 09:56:12]
User56044 - Posts: 62
My Renko Price Bars are not accurately displayed this morning. Trading CL with data from Interactive Brokers.

For some mysterious reason the Price Bars for ONLY this morning's data are NOT beginning and ending at 0.10 increments even though that is what they are set for in Chart Settings. ALL previous Bars line up correctly. After downloading this morning's latest SC version I the Price bars not lining up at 0.01 increments so I went into Chart Settings and noted that while the Scale Increment was set to 0.10, I had to reset the Horizontal Grid increment to 0 and the Scale Padding Percentage to 0 as well. The Scale Padding Percentage was set to -53.999996 when I downloaded today's 1625 chart.

After correcting the Chart Settings the Renko Price Bars are still not lining up correctly and are 2 ticks off.

This is the second time in 2 days where a newly downloaded version, in this case 1625, screws up my chart settings. What is going on? Not dependable.
[2017-10-23 16:46:32]
Sierra Chart Engineering - Posts: 104368
The Scale Padding Percentage was set to -53.999996 when I downloaded today's 1625 chart.
This is simply the result of using Interactive Scale Range:
Chart Scale and Scale Adjusting: Interactive Scale Range - Expand/Compress Scale

This was a setting that you indirectly set yourself.

Sierra Chart is not going to change any settings between versions. That conclusion is incorrect.

For some mysterious reason the Price Bars for ONLY this morning's data are NOT beginning and ending at 0.10 increments even though that is what they are set for in Chart Settings.
They should not necessarily be in even increments. They should represent the true actual trading values of the market and not manipulated to false prices. Also there is no direct setting for this.

Have a look at this section here about this:
Renko Bar Charts: Opening Price for First Renko Bar and Alignment (Aligned Renko Bars)


You will want to use Aligned Renko Bars.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2017-10-23 16:48:25
[2017-10-24 02:55:35]
User56044 - Posts: 62
When I use the SC 1615 version that is on my laptop, my 10 tick price bars line up exactly with the 10 tick price intervals on the right side of the chart. However, when I update this version to SC 1625 the Renko price bars beginning on 10/22 are 2 ticks off from the 10 tick price invervals on the right side of the chart. Something has happened between SC 1615 and SC 1625 that causes this error. Can you fix this? I am using IB and IB data.

Using Aligned Renko Bars on SC 1625 as suggested does not help.
[2017-10-24 04:51:04]
Sierra Chart Engineering - Posts: 104368
There is no problem with this. Refer to this image:
http://www.sierrachart.com/image.php?Image=1508820574800.png

We are running version 1627 but that should not make any difference.

It sounds like you are not using Aligned Renko Bars. When we switch back to standard Renko Bars, they are not aligned .1 increments.

Also enable New Bar at Session Start as explained:
Renko Bar Charts: Opening Price for First Renko Bar and Alignment (Aligned Renko Bars)
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2017-10-24 13:02:25
[2017-10-24 11:04:04]
User56044 - Posts: 62
This morning's data (10/24) the Renko Bars are properly aligned using SC 1625. This is true when using just the Renko Bar(in ticks) setting or the Aligned Renko Bars and New Bar at Session Start settings. However, the Bars from 10/22-10/23 still remain misaligned. Running "Edit/Download - Intra Day Chart" from 10/22 onward does not correct the problem. Did I simply get corrupted data from IB for 10/22-10/23?
[2017-10-25 00:16:47]
Sierra Chart Engineering - Posts: 104368
Did I simply get corrupted data from IB for 10/22-10/23?
Yes it would seem as though there could be some missing data.

For the most reliable data use the Sierra Chart Exchange Data Feed:
Sierra Chart Exchange Data Feed

Also refer to:
Interactive Brokers Trading Service: Using Sierra Chart Historical Data
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account