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Date/Time: Fri, 03 May 2024 18:04:47 +0000



[User Discussion] - Customise Flexi Renko Inverse Set

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[2020-10-15 13:13:07]
batman_ - Posts: 190
Can programmer customise Flexi Renko Inverse Set (Bar size-TrendbarOffset-ReversalBarTrigger) to time interval period of minutes and seconds?
The current default setting is limited to range price bar.

tQ
[2020-10-17 15:04:15]
bradh - Posts: 854
Can programmer customise Flexi Renko Inverse Set (Bar size-TrendbarOffset-ReversalBarTrigger) to time interval period of minutes and seconds?
The current default setting is limited to range price bar.

Not sure how that would work. What do the bar size, offset, and trigger parameters do? Flex-Renko is based on Renko bars, which by definition are range bars, not time bars.
[2020-10-17 22:45:54]
batman_ - Posts: 190
Not sure how that would work. What do the bar size, offset, and trigger parameters do? Flex-Renko is based on Renko bars, which by definition are range bars, not time bars.

Hi, bradh

customise the bar size to time interval, say 3 minutes each bar; offset by 3 minutes too; trigger parameters say 3 minutes subject too, however subject to similar range bar setting of trigger parameters. Can this be done?
[2020-10-18 10:33:57]
bradh - Posts: 854
Based on your description, I don't think so. It does not make sense to me. I am having a hard time visualizing it.
[2020-10-18 12:25:39]
Sawtooth - Posts: 3992
customise the bar size to time interval, say 3 minutes each bar; offset by 3 minutes too; trigger parameters say 3 minutes subject too, however subject to similar range bar setting of trigger parameters. Can this be done?
Do you want to create a new bar when range is met, or when 3 minutes lapses, which ever comes first?
[2020-10-18 12:41:36]
batman_ - Posts: 190
Do you want to create a new bar when range is met, or when 3 minutes lapses, which ever comes first?

Hi tomgilb

Allow me to rephrase my question. I would like to customise Flexi Time Inverse based on minutes or seconds to replace Flexi Renko Inverse. For example, completion of 3 minutes interval represents 1 bar interval, and trigger parameter for reversal trend is 6 minutes. So it takes 2 bars of each 3 minutes interval to complete moving in an opposite trend before a new begining of a reserval trend.

Does it makes sense..

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