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Date/Time: Thu, 28 Mar 2024 12:39:39 +0000



[Locked] - Flex Renko Charting Problem

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[2017-12-06 00:31:52]
rwilliams1 - Posts: 339
I just had an additional question about the bars. I switched to using SC historical data instead of Interactive Brokers so that I can be sure the tick information being received is correct. And I have noticed there are places where the bars have displayed some unusual behavior (see attached screenshots). It seems to be happening on some of the reversal bars. I know it's not the data causing this, so I'm hoping you can point out what this may be? Thx again.
imageExample.png / V - Attached On 2017-12-06 00:23:39 UTC - Size: 48.39 KB - 340 views
[2017-12-06 00:42:27]
Sierra Chart Engineering - Posts: 104368
We do not understand what it is you are trying to point out. We have also no idea what we are even looking at.

What is the symbol? What are the settings of the chart? What about the particular bars that you see? It is what it is.

At this point we will refuse to look at any chart images unless they are posted with these specifications here:
https://www.sierrachart.com/index.php?page=PostingInformation.php#Image



There is reason why we explained the particular exercise we did above. We were not kidding or playing games with you when we asked you to go through that exercise. It was a very serious request in order to create an understanding on your part.
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: 2017-12-06 00:42:57
[2017-12-06 01:42:20]
rwilliams1 - Posts: 339
Sorry, both charts are the EURUSD 10-9-1 Flex Renko setting using SC tick data and using the first pulldown menu option New Trend Bar When Range Exceeded/New Reversal Bar When Reversal Bar Met. Attached are the revised screenshots of the same charts.

And when I have time, I will undertake the exercise you suggested. However, even understanding the composition of the bars does not explain the unusual behavior of some of the bars as shown in the screenshots.
imageRevised Example 2.png / V - Attached On 2017-12-06 01:37:46 UTC - Size: 44.55 KB - 360 views
[2017-12-06 02:59:23]
rwilliams1 - Posts: 339
An additional example attached showing more unusual bar behavior.
imageAdditional Example.png / V - Attached On 2017-12-06 02:57:39 UTC - Size: 35.41 KB - 287 views
[2017-12-06 03:29:01]
Sierra Chart Engineering - Posts: 104368


And when I have time, I will undertake the exercise you suggested. However, even understanding the composition of the bars does not explain the unusual behavior of some of the bars as shown in the screenshots.

An additional example attached showing more unusual bar behavior.
We have gone through this in our mind as best as we can even though we do not know certain critical details like the tick size and do not have your particular Chartbook and time zone for the identical test.

What we see is definitively correct.

You really need to go through the tick by tick data and examine that data closely. This is not a service that we provide. You are not going to find anything wrong.

It is the the tick by tick data and exercise that counts. Here is the link to Renko Education section:
Renko Bar Charts: Renko Education
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: 2017-12-06 04:04:13
[2017-12-06 03:32:29]
Sierra Chart Engineering - Posts: 104368
Not totally sure but using this illogical mode may give you the result you are looking for:

New Trend Bar When Range Exceeded | New Reversal Bar When Reversal Amount Met Plus 1 Tick and References Prior Close
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: 2017-12-06 03:32:43
[2017-12-06 04:09:14]
Sierra Chart Engineering - Posts: 104368
Actually give us a little more time to review post #28.

We think we know what is going on. It is due to recent change in 1659 to better manage gaps at reversals but it does not seem to always work as expected.

You really presented in a very confusing way so it is not entirely obvious. At this point we are locking the thread. Do not post anything further until we have a chance to review.
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: 2017-12-06 04:09:59
[2017-12-06 20:57:10]
Sierra Chart Engineering - Posts: 104368
We will go into more detail later but update to the latest prerelease 1660.

Everything we said previously is correct, but the real issue is that there is a gap in some cases on a reversal bar which should not be there. This is not something that would often or typically be seen.

This was due to the ability to show the gaps with reversals in 1659.

What you are seeing is correct but the reversal bar is not correctly placed in some cases.
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: 2017-12-06 20:57:49
[2017-12-22 22:30:46]
rwilliams1 - Posts: 339
Hi, I was just following up to see how things are going and if there are more details as you had mentioned above. I configured the new trend bars using your suggestion and it was very helpful. But still getting issues with some reversal bars, so I was just following up to see if there was any new info. Thx.
[2017-12-22 23:10:52]
Sierra Chart Engineering - Posts: 104368
This issue was resolved weeks ago in version 1660. Just to be sure you have the latest changes, update to the current version.

We did not provide any further details. We did not have time and it was not relevant to resolving the problem anyway.

Also, we are not going to spend any further time on this. Or be reviewing this thread.

If Sierra Chart meets your requirements good. Otherwise, use a prior version.
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: 2017-12-22 23:23:35

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