let us assume 2 consecutive up renko bars,
bar1 open 100, close 150
bar2 open 150, close 200
for bar2, the lowest possible price could be lower as just 51.
then if we have a stop sellshort order at 80 in the bar2, in the backtesting, it could not be triggered.
then the backtesting for renko bar could not be trusted!
any comment?
Renko Chart backtesting
- Dave Masalov
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Dear momentum,
Could you please tell me, how many bars are plotted when you plot a tick chart for this symbol? How many bars are there?
If it is 1 000 000, then you have reached the limitation set in the registry. You can change it in Start --> regedit --> HKEY_CURRENT_USER\Software\TS Support\MultiCharts\Shaper
MaxBarCount
However, we do not recommend you to set MaxBarCount value more than 5 000 000 for MC 5.5 and 15 000 000 for MC 6.0.
Could you please tell me, how many bars are plotted when you plot a tick chart for this symbol? How many bars are there?
If it is 1 000 000, then you have reached the limitation set in the registry. You can change it in Start --> regedit --> HKEY_CURRENT_USER\Software\TS Support\MultiCharts\Shaper
MaxBarCount
However, we do not recommend you to set MaxBarCount value more than 5 000 000 for MC 5.5 and 15 000 000 for MC 6.0.