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How to Post a Message for Support

RENKO Sierrachart better then Tradingview?

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[2019-04-24 10:11:15] #1 [Go To First Post]
Theseus - Posts: 6
Hey Guys, i came across sierrachart cause someone mentioned the renko chart from sierra is the usual one and not like the problematic one from tradingview. Is that right? Thank you very much in advance

[2019-04-24 11:21:30] #2 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
The Renko chart bars in Sierra Chart do work properly. Refer to: Renko Bar Charts 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: 2019-04-24 11:22:07

[2019-04-24 14:40:17] #3 [Go To First Post]
Theseus - Posts: 6
thank you very much. I am diving into it. Sierra Charts is really quite cool. I am looking for a renko reversal alert. Maybe you can also help me with that. Thank you very much in advance.

[2019-04-24 18:57:08] #4 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
Information on Alerts can be found here: Study/Chart Alerts And Scanning It is really up to you to determine how you want to create your alert and the parameters that will work for what you want. This is a formula though that should work to do what you want: OR(AND(C[-1]>O[-1] , C<O), AND(C[-1]<O[-1] , C>O)) Also, you may be interested in the Color Bar Based on Alert Condition, as this may give you more of a visual indicator that you are looking for: Color Bar Based on Alert Condition 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

[2019-04-25 09:43:55] #5 [Go To First Post]
Theseus - Posts: 6
Thank you for your help. But it didnt really work. I need a alert for Green to Red brick reversal and vice versa. After closing => //Long entry if a bearish renko brick is followed by a bullish brick //Short entry if a bullish brick is followed by a bearish brick Please see my attached file which was the result with your code Date Time Of Last Edit: 2019-04-25 12:06:03


Renko Candles.PNG / V - Attached On 2019-04-25 09:41:06 UTC - Size: 188.3 KB - 358 views renko setup.PNG / V - Attached On 2019-04-25 09:41:41 UTC - Size: 48.32 KB - 391 views

[2019-04-25 11:32:27] #6 [Go To First Post]
Theseus - Posts: 6
with this code For Green =AND(ID0.SG23[-1]>ID0.SG22[-1], ID0.SG23[0]>ID0.SG22[0] ) For Red =AND(ID0.SG23[-1]<ID0.SG22[-1], ID0.SG23[0]<ID0.SG22[0] ) Its colouring the second candle red or green and the following.. - But why is it not always colouring the second candle? Of course it is quite cool when its just colouring real reversals. - And only the second candle? Date Time Of Last Edit: 2019-04-25 11:44:42


Renko Candles.PNG / V - Attached On 2019-04-25 11:32:22 UTC - Size: 149.22 KB - 341 views

[2019-04-25 14:58:45] #7 [Go To First Post]
Theseus - Posts: 6
//Long entry if a bearish renko brick is followed by a bullish brick //Short entry if a bullish brick is followed by a bearish brick it worked with this code =AND(ID0.SG23[-1]>ID0.SG22[-1], ID0.SG23[0]<ID0.SG22[0]) and vice versa btw ;)

[2019-04-26 04:30:17] #8 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
Yes that is correct. We realize that we did not reference the open and close Renko values. But the true open and close instead. We have prepared the correct formula here: Renko Bar Charts: Renko Reversal Bar Alert Formula 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: 2019-04-28 01:48:56

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